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Russell Benton Lee Jr Charitable Trust Uad 12102020 is a private trust based in WINSTON SALEM, NC. The foundation received its IRS ruling in 2023. It holds total assets of $8.3M. Annual income is reported at $7.7M. PRESERVE AND MAINTAIN THE 1820 HISTORICAL HOME AND SURROUNDING LAND LOCATED AT CONCORD, NC AND TO OPEN THE HISTORICAL SITE TO THE PUBLIC FOR THEIR EDUCATIONAL AND CULTURAL BENEFIT. TOTAL EXPENSES INCLUDES CAPITAL IMPROVEMENTS TO MAINTAIN THE HISTORICAL SITE. According to available records, Russell Benton Lee Jr Charitable Trust Uad 12102020 has made 5 grants totaling $288K, with a median grant of $50K. Individual grants have ranged from $25K to $103K, with an average award of $58K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
PRESERVE AND MAINTAIN THE 1820 HISTORICAL HOME AND SURROUNDING LAND LOCATED AT CONCORD, NC AND TO OPEN THE HISTORICAL SITE TO THE PUBLIC FOR THEIR EDUCATIONAL AND CULTURAL BENEFIT. TOTAL EXPENSES INCLUDES CAPITAL IMPROVEMENTS TO MAINTAIN THE HISTORICAL SITE.
Expenses: $85K
PRESERVE AND MAINTAIN THE 1820 HISTORICAL HOME AND SURROUNDING LAND LOCATED AT CONCORD, NC AND TO OPEN THE HISTORICAL SITE TO THE PUBLIC FOR THEIR EDUCATIONAL AND CULTURAL BENEFIT. TOTAL EXPENSES INCLUDES CAPITAL IMPROVEMENTS TO MAINTAIN THE HISTORICAL SITE. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NC.
Russell Benton Lee Jr Charitable Trust Uad 12102020 has distributed a total of $288K across 5 grants. The median grant size is $50K, with an average of $58K. Individual grants have ranged from $25K to $103K.
Russell Benton Lee Jr Charitable Trust Uad 12102020 typically selects its grantees rather than accepting unsolicited proposals.
Russell Benton Lee Jr Charitable Trust Uad 12102020 is headquartered in WINSTON SALEM, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jim Creamer | TRUSTEE | $80K | $0 | $80K |
Total Giving
$405K
Total Assets
$7.8M
Fair Market Value
$7.8M
Net Worth
$7.8M
Grants Paid
$243K
Contributions
$0
Net Investment Income
$166K
Distribution Amount
$371K
Total: $6.4M
Total Grants
5
Total Giving
$288K
Average Grant
$58K
Median Grant
$50K
Unique Recipients
4
Most Common Grant
$50K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Reynolda House IncCAPITAL PROJECTS | Winstonsalem, NC | $103K | 2022 |
| Preservation GreensboroGENERAL PURPOSE | Greensboro, NC | $60K | 2022 |
| Carolina Theatre Of GreensboroGENERAL PURPOSE | Greensboro, NC | $50K | 2022 |
| Carolina Theatre Of DurhamGENERAL PURPOSE | Durham, NC | $25K | 2022 |
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