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The W Foster And Mary L Gurley Memorial Foundation is a private trust based in RALEIGH, NC. The foundation received its IRS ruling in 1993. The principal officer is First Citizens Bak Ttee. It holds total assets of $278K. Annual income is reported at $213K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, The W Foster And Mary L Gurley Memorial Foundation has made 3 grants totaling $54K, with a median grant of $19K. Annual giving has grown from $17K in 2020 to $37K in 2022. Individual grants have ranged from $17K to $19K, with an average award of $18K. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
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.
The W Foster And Mary L Gurley Memorial Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NC.
The W Foster And Mary L Gurley Memorial Foundation has distributed a total of $54K across 3 grants. The median grant size is $19K, with an average of $18K. Individual grants have ranged from $17K to $19K.
The W Foster And Mary L Gurley Memorial Foundation typically selects its grantees rather than accepting unsolicited proposals.
The W Foster And Mary L Gurley Memorial Foundation is headquartered in RALEIGH, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Citizens Bank | TRUSTEE | $8K | $0 | $8K |
Total Giving
$25K
Total Assets
$293K
Fair Market Value
$322K
Net Worth
$293K
Grants Paid
$16K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$15K
Total: $283K
Total Grants
3
Total Giving
$54K
Average Grant
$18K
Median Grant
$19K
Unique Recipients
1
Most Common Grant
$19K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lenoir Community CollegeFOR SCHOLAR FELLOWSHIPS | Kinston, NC | $19K | 2022 |