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Also known as: FOUNDATION C/O WELLS FARGO PRIVATE BANK
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Robert T And Suellen G Monk Family Foundation Inc. is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 1997. The principal officer is Genspring Family Offices. It holds total assets of $922K. Annual income is reported at $167K. The foundation is governed by 2 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 2016 to 2024. The foundation primarily funds organizations in North Carolina, Florida and Maryland. According to available records, Robert T And Suellen G Monk Family Foundation Inc. has made 38 grants totaling $271K, with a median grant of $3K. The foundation has distributed between $51K and $117K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $117K distributed across 16 grants. Individual grants have ranged from $1K to $25K, with an average award of $7K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in North Carolina and Florida and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$7K
Average Grant
$7K
Largest Grant
$15K
Based on 7 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.
Robert T And Suellen G Monk Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in NC, FL, MD.
Robert T And Suellen G Monk Family Foundation Inc. has distributed a total of $271K across 38 grants. The median grant size is $3K, with an average of $7K. Individual grants have ranged from $1K to $25K.
Robert T And Suellen G Monk Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Robert T And Suellen G Monk Family Foundation Inc. is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert T Monk | PRESIDENT & TREASURER | $0 | $0 | N/A |
| Suellen G Monk | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$922K
Fair Market Value
N/A
Net Worth
$922K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
38
Total Giving
$271K
Average Grant
$7K
Median Grant
$3K
Unique Recipients
8
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Duke UniversityGENERAL PURPOSE SUPPORT | Durham, NC | $25K | 2023 |
| Core Sound Waterfowl MuseumGENERAL PURPOSE SUPPORT | Harkers Island, NC | $10K | 2023 |
| Center For Family Services Of Palm BeachGENERAL PURPOSE SUPPORT | West Palm Beach, FL | $10K | 2023 |
| Town Of FarmvilleGENERAL PURPOSE SUPPORT | Farmville, NC | $2K | 2023 |
| 1012 Sports IncGENERAL PURPOSE SUPPORT | Baltimore, MD | $2K | 2023 |
| Pitt Community College FdnGENERAL PURPOSE SUPPORT | Greenville, NC | $1K | 2023 |
| Palm Beach State College FoundationGENERAL PURPOSE SUPPORT | Lake Worth, FL | $1K | 2023 |
| Carteret Community College FoundationGENERAL PURPOSE SUPPORT | Morehead City, NC | $1K | 2023 |