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Wilbur Lee Carter Charitable Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1960. The principal officer is Bank Of America Na. It holds total assets of $3.6M. Annual income is reported at $1.3M. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in North Carolina and South Carolina. According to available records, Wilbur Lee Carter Charitable Trust has made 20 grants totaling $922K, with a median grant of $46K. Annual giving has grown from $213K in 2020 to $501K in 2022. Individual grants have ranged from $28K to $67K, with an average award of $46K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$28K
Median Grant
$43K
Average Grant
$43K
Largest Grant
$57K
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.
Wilbur Lee Carter Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NC, SC.
Wilbur Lee Carter Charitable Trust has distributed a total of $922K across 20 grants. The median grant size is $46K, with an average of $46K. Individual grants have ranged from $28K to $67K.
Wilbur Lee Carter Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Wilbur Lee Carter Charitable Trust is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America Na | CO TRUSTEE | $11K | $0 | $11K |
| W L Carter Jr | CO TRUSTEE | $0 | $0 | N/A |
| Charles T Hagan Iii | CO TRUSTEE | $0 | $0 | N/A |
Total Giving
$195K
Total Assets
$3.6M
Fair Market Value
$4.5M
Net Worth
$3.6M
Grants Paid
$176K
Contributions
N/A
Net Investment Income
$155K
Distribution Amount
$210K
Total: $3.5M
Total Grants
20
Total Giving
$922K
Average Grant
$46K
Median Grant
$46K
Unique Recipients
7
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist ChurchUNRESTRICTED GENERAL | Greensboro, NC | $50K | 2022 |
| Baptist Children'S Homes NcUNRESTRICTED GENERAL | Thomasville, NC | $67K | 2022 |
| North Carolina Baptist HospitalsUNRESTRICTED GENERAL | Winstonsalem, NC | $50K | 2022 |
| Southeastern Baptist Theological SeminarUNRESTRICTED GENERAL | Wake Forest, NC | $50K | 2022 |
| Connie Maxwell Children'S HomeUNRESTRICTED GENERAL | Greenwood, SC | $33K | 2022 |
| Baptist Childrens Homes NcUNRESTRICTED GENERAL | Thomasville, NC | $57K | 2020 |
| Connie Maxwell Childrens HomeUNRESTRICTED GENERAL | Greenwood, SC | $28K | 2020 |