Childtrust Foundation
- Assets
- $20.1m
- Revenue
- $4.2m
- Investments
- $7.6m
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 08/2006
- Data as of
- 12/2023
- EIN
- 20-0477249
Organization Overview
Childtrust Foundation is located in Raleigh, NC. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childtrust Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Childtrust Foundation generated $4.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Childtrust Foundation has awarded 292 individual grants totaling $13,443,897. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James H Maynard President | 1 | $0 | |
Easter A Maynard Vice President | 5 | $0 | |
Richard A Urquhart III Treasurer | 1 | $0 | |
Ronald M Barbee Secretary | 3 | $0 | |
Theodore M Fowler Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $7,728 |
| Dividends & Interest | $507,573 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,685,835 |
| Capital Gain Net Income | $2,685,835 |
| Net ST Capital Gain | $0 |
| Income Modifications | $60,000 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,201,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $41,041 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $156,352 |
| Total operating and administrative expenses | $248,142 |
| Contributions, gifts, grants paid | $2,309,500 |
| Total expenses and disbursements | $2,557,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,445,305 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $11,604 |
| Total assets | $20,057,862 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $752,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $27,121 |
| Total liabilities | $779,121 |
Grants Awarded
Over the last fiscal year, Childtrust Foundation has awarded $2,309,500 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
BERTIE COUNTY YMCA PURPOSE: PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD SPIRIT, MIND, AND BODY | $15,000 |
BOYS AND GIRLS CLUB OF COASTAL CAROLINA PURPOSE: DESIGNED SOLELY FOR YOUTH DEVELOPMENT PURPOSES | $105,000 |
BOYS AND GIRLS CLUB OF WAKE COUNTY INC PURPOSE: DESIGNED SOLELY FOR YOUTH DEVELOPMENT PURPOSES | $35,000 |
CAMP CORRAL PURPOSE: PROVIDE MEANINGFUL CAMP EXPERIENCES FOR MILITARY CHILDREN | $250,000 |
CENTER FOR CHILD & FAMILY HEALTH PURPOSE: TO REDUCE THE IMPACT OF CHILD TRAUMATIC STRESS ON CHILDREN AND FAMILIES | $5,500 |
DOWN EAST PARTNERSHIP FOR CHILDREN PURPOSE: TO LAUNCH EVERY CHILD AS A HEALTHY, LIFELONG LEARNER BY THE END OF THIRD GRADE | $20,000 |