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Wayland Henry Cato Jr Foundation is a private trust based in CHARLOTTE, NC. The foundation received its IRS ruling in 2020. It holds total assets of $2M. Annual income is reported at $3.2M. The foundation is governed by 7 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 2020 to 2024. The foundation primarily funds organizations in North Carolina, South Carolina and District of Columbia. According to available records, Wayland Henry Cato Jr Foundation has made 4 grants totaling $65K, with a median grant of $5K. Annual giving has grown from $10K in 2022 to $55K in 2023. Individual grants have ranged from $5K to $50K, with an average award of $16K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$4K
Average Grant
$4K
Largest Grant
$10K
Based on 5 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.
Wayland Henry Cato Jr Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NC, SC.
Wayland Henry Cato Jr Foundation has distributed a total of $65K across 4 grants. The median grant size is $5K, with an average of $16K. Individual grants have ranged from $5K to $50K.
Wayland Henry Cato Jr Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wayland Henry Cato Jr Foundation is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Clarice Cato Goodyear | CO-TRUSTEE,CHAIRMAN, BOARD OF ADVISORS | $0 | $0 | N/A |
| Theresa R Gebhardt | CO-TRUSTEE,VICE-CHAIR,SECRETARY | $0 | $0 | N/A |
| John Pd Cato | BOARD OF ADVISORS | $0 | $0 | N/A |
| Thomas E Cato | BOARD OF ADVISORS | $0 | $0 | N/A |
| Harold Pratt-Thomas | BOARD OF ADVISORS | $0 | $0 | N/A |
| Howard Weiss | BOARD OF ADVISORS | $0 | $0 | N/A |
| Lat Purser | BOARD OF ADVISORS | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2M
Fair Market Value
N/A
Net Worth
$2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$65K
Average Grant
$16K
Median Grant
$5K
Unique Recipients
2
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Myers Park United Methodist ChurchCHARITABLE | Charlotte, NC | $50K | 2023 |
| University Of South Carolina Educational FoundationEDUCATIONAL | Columbia, SC | $5K | 2023 |