Anonymous Trust
- Assets
- $116.7m
- Revenue
- $4.8m
- Investments
- $111.8m
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 11/2010
- Data as of
- 12/2022
- EIN
- 26-6220561
Organization Overview
Anonymous Trust is located in Raleigh, NC. The organization was established in 2010. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Anonymous Trust 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 12/2022, Anonymous Trust generated $4.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $13.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Anonymous Trust has awarded 672 individual grants totaling $52,464,814. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah M Aiken Executive Director | 40 | $197,000 | |
Margaret Turlington Scholarship Coordinator | 40 | $151,042 | |
Kimberly K Breeden Simply East Fund Director | 40 | $145,833 | |
Anne B Faircloth Trustee | 0 | $0 | |
Maria M Lynch Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Oak Harbor Wealth Partners | 12/30/22 | $97,622 |
The Northern Trust Company | 12/30/22 | $113,559 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,754,962 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $420 |
| Capital Gain Net Income | $420 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,755,382 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $493,875 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $118,865 |
| Interest | $0 |
| Taxes | $141,000 |
| Depreciation | $0 |
| Occupancy | $12,100 |
| Travel, conferences, and meetings | $4,430 |
| Printing and publications | $877 |
| Other expenses | $69,648 |
| Total operating and administrative expenses | $1,101,863 |
| Contributions, gifts, grants paid | $12,319,471 |
| Total expenses and disbursements | $13,421,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,718 |
| Savings and temporary cash investments | $2,616,209 |
| 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 | $695,158 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,228,455 |
| Total assets | $116,687,991 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $330,237 |
| Total liabilities | $330,237 |
Grants Awarded
Over the last fiscal year, Anonymous Trust has awarded $29,430,573 in support to 248 organizations.
| Grant Recipient | Amount |
|---|---|
NCSU FOUNDATION INC PURPOSE: GRANTS FOR TRANSFORMATIONAL SCHOLARS (1,325,950 2023 & 2024; 1,049,950 2025; 1,156,900 2026) | $4,858,750 |
Fayetteville, NC PURPOSE: MULTI-YEAR GRANT FOR GENERAL OPERATING SUPPORT (1,823,727 2023; 1,948,727 2024; 280,185 2025) | $4,052,639 |
UNC PEMBROKE FOUNDATION INC PURPOSE: MULTI-YEAR GRANT FOR LAUNCH OF BRAVE SCHOLARS(952,240 2023; 1,027,240 2024; 150,000 2025) | $2,129,480 |
Fayetteville, NC PURPOSE: GRANT FOR GENERAL OPERATING SUPPORT (YEAR ONE OF MULTI-YEAR GRANT) | $1,418,591 |
NCSU FOUNDATION INC PURPOSE: GRANTS FOR GENERAL OPERATING SUPPORT (1,049,950 2022 INSTALLMENT) | $1,123,363 |
Raleigh, NC PURPOSE: GENERAL OPERATING SUPPORT FOR THE WOMEN'S REENTRY PROGRAM | $900,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |
The Leon Levine Foundation Charlotte, NC | $654,368,860 | $94,686,429 |
Maclellan Foundation Inc Chattanooga, TN | $225,301,353 | $34,552,415 |
We Are Sharing Hope Sc Charleston, SC | $50,025,063 | $34,221,211 |
The Frist Foundation Nashville, TN | $198,128,014 | $36,312,656 |
Danville Regional Foundation Danville, VA | $280,479,931 | $21,605,962 |
The Duke Energy Foundation Charlotte, NC | $4,461,931 | $408,995 |
Smith Richardson Foundation Inc Greensboro, NC | $606,694,904 | $88,589,213 |