Also known as: C/O CHARLES L ODOM
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R B Terry Charitable Foundation Inc. is a private corporation based in HIGH POINT, NC. The foundation received its IRS ruling in 1999. The principal officer is Charles L Odom. It holds total assets of $202.5M. Annual income is reported at $29.5M. Total assets have grown from $137.5M in 2011 to $202.5M in 2024. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. According to available records, R B Terry Charitable Foundation Inc. has made 18 grants totaling $45.6M, with a median grant of $4M. The foundation has distributed between $8M and $20M annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $20M distributed across 8 grants. Individual grants have ranged from $10K to $5M, with an average award of $2.5M. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in North Carolina and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$2.5M
Average Grant
$2.5M
Largest Grant
$5M
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
R B Terry Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NC, VA.
R B Terry Charitable Foundation Inc. has distributed a total of $45.6M across 18 grants. The median grant size is $4M, with an average of $2.5M. Individual grants have ranged from $10K to $5M.
R B Terry Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
R B Terry Charitable Foundation Inc. is headquartered in HIGH POINT, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arch K Schoch Iv | PRESIDENT/DIRECTOR | $40K | $0 | $40K |
| Charles L Odom | TREAS./ASST. SEC/DIRECTOR | $40K | $0 | $40K |
| Oscar Fletcher | VP/SECRETARY/DIRECTOR | $40K | $0 | $40K |
| Sion A Boney Iii | VP/DIRECTOR | $40K | $0 | $40K |
| Joe Lipe | COMMITTEE MEMBER | $8K | $0 | $8K |
| Parker Overton | COMMITTEE MEMBER | $8K | $0 | $8K |
Total Giving
N/A
Total Assets
$202.5M
Fair Market Value
N/A
Net Worth
$202.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
18
Total Giving
$45.6M
Average Grant
$2.5M
Median Grant
$4M
Unique Recipients
4
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Woodberry Forest SchoolUNRESTRICTED SUPPORT TO HELP FURTHER THE MISSION OF THE BOY'S SCHOOL. | Woodberry Forest, VA | $4.5M | 2023 |
| Nc Veterinary Medical FoundationUNRESTRICTED SUPPORT TO PROMOTE EDUCATIONAL ACTIVITIES IN THE FIELD OF VETERINARY MEDICINE. | Raleigh, NC | $4.5M | 2023 |
| Spca Of The TriadUNRESTRICTED SUPPORT TO HELP RESCUE AND REHABILITATE ABUSED, NEGLECTED AND INJURED ANIMALS. | Greensboro, NC | $10K | 2023 |
| Montpelier FoundationUNRESTRICTED | Station, VA | $10K | 2021 |