Childtrust Foundation FY2019 filing

Raleigh, NC · Private foundation / grantmaker · Foundations & Grantmakers

✓ Tax-deductible
Revenue
$3.8M
Spent
$1.7M
Net assets
$17.6M
By yearFY2019–FY2025
Revenue
$3.8M
FY2019
Revenue by fiscal year
FY2019$3.8M
FY2020$1.7M
FY2021$2.0M
FY2022$1.8M
FY2023$4.2M
FY2024$2.7M
FY2025$2.4M
Expenses
$1.7M
FY2019
Expenses by fiscal year
FY2019$1.7M
FY2020$1.4M
FY2021$2.1M
FY2022$1.6M
FY2023$2.6M
FY2024$1.6M
FY2025$2.4M
Net assets
$17.6M
FY2019
Net assets by fiscal year
FY2019$17.6M
FY2020$18.5M
FY2021$19.6M
FY2022$20.7M
FY2023$19.3M
FY2024$20.4M
FY2025$20.3M

From the FY2019 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CChildtrust Foundation
EINHdr · item D20-0477249
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 2006
Latest filingForm 990FY2025 · Form 990-PF
Principal addressHdr · item CRaleigh, NC
NTEE classificationIRS BMFFoundations & Grantmakers (T22)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.89 Operating & administrative $0.11
Grants & contributions paid89%$1.5M
Operating & administrative11%$179K
Total functional expensesLn 25$1.7M

Financial health

Is it on solid ground?

Total assets
17.9M
deployed as grants and operations
Grants paid
1.5M
in FY2019
Grants made
26grants
total in period
Payout rate
8%
of assets (5% rule)

Summary of the Filing

Part I · fiscal year 2019 · Form 990-PF
Total assets
$17.9M
FY2019
Total assets by fiscal year
FY2019$17.9M
FY2020$18.6M
FY2021$20.0M
FY2022$20.9M
FY2023$20.1M
FY2024$21.0M
FY2025$21.3M
Total liabilities
$336K
FY2019
Total liabilities by fiscal year
FY2019$336K
FY2020$80K
FY2021$465K
FY2022$220K
FY2023$779K
FY2024$581K
FY2025$952K
Total assetsPt II$17.9M

Balance Sheet

Part X · end of year
CashLn 1$318K
Total assetsLn 16$17.9M
Total liabilitiesLn 26$336K
Total net assetsLn 32$17.6M
Months of cash on handcomputed2.3

Statement of Revenue

Part VIII
Investment income$2.8M · 74%
Contributions & grants$1.0M · 26%
Investment income74%$2.8M
Contributions & grants26%$1.0M
Other revenue$288
Total revenueLn 12$3.8M

Financial Metrics

Form 990 · FY2019 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $17.9M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $3.8M
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $3.8M
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $3.8M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $17.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.8M · Expenses $1.7M
+56%
Liabilities-to-Assets
Total liabilities — · Total assets $17.9M
—
Net-asset ratio
Net assets $17.6M · Total assets $17.9M
98%
People & payroll
Highest Reported Total Compensation
Individual James H Maynard · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $1.7M
0%
Personnel share
not reported

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown. Peer cohort: .

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Childtrust Foundation executive salaries →

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Governance & Policies

Part VI
  • –Voting board membersPt VI · Ln 1a
  • –Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNot reported
  • Whistleblower policyPt VI · Ln 13Not reported
  • Document retention policyPt VI · Ln 14Not reported
  • Top official’s pay independently reviewedPt VI · Ln 15aNot reported
  • Family or business ties among leadersPt VI · Ln 2Not reported

Mission and programs

What it does.

A private foundation based in Raleigh, NC.

Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 26 grants · $1.3M · 2025–2025
Camp CorralFY2025$250,000
Education NCFY2025$125,000
Reach Out and Read INCFY2025$100,000
NC Early Childhood FoundationFY2025$100,000
NC Community FoundationFY2025$100,000
Positive Childhood Alliance NCFY2025$71,050
Amir InstituteFY2025$61,000
Wake Education PartnershipFY2025$50,000
Step Up MinistryFY2025$50,000
NC Rural CenterFY2025$50,000
Education Justice AllianceFY2025$40,000
Boys and Girls Club of Wake County INCFY2025$40,000
Learning TogetherFY2025$35,000
El Centro HispanoFY2025$30,000
Breastfeeding Family Friendly CommunitiesFY2025$25,000
NC Business Leaders for EducationFY2025$20,000
Down East Partnership for ChildrenFY2025$20,000
Book HarvestFY2025$20,000
See all 26 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$49K
Median grantPart XV$35K
Largest grantPart XV$250K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $2.4M$2.4M-13% 990 PDF
FY2024 $2.7M$1.6M-35% 990 PDF
FY2023 $4.2M$2.6M+129% 990 PDF
FY2022 $1.8M$1.6M-10% 990 PDF
FY2021 $2.0M$2.1M+17% 990 PDF
FY2020 $1.7M$1.4M-54% 990 PDF
FY2019 Viewing $3.8M$1.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2019IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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