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· Private foundation

Fulton Family Trust

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$148k
Granted FY2025still arriving
12
Grants FY2025still arriving
2
States reached
$25k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2023 to 2025.

Education$231kAnimals$96kPublic Safety & Disaster$35kFood & Nutrition$30kHuman Services$15kArts & Culture$10kCommunity Improvement$10kHousing & Shelter$10k
02FY2025 · 12 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k4 grants · $18k
  • $10k–50k8 grants · $130k
$10,000
Median grant
2
States reached
$3.3M
Total assets
Largest grants
RecipientAmount
UNCG EXCELLENCE FDN-ETHEL C FULTON$25,000
ASU FOUNDATION-FULTON FAMILY SCHOLA$25,000
THE HUNGER AND HEALTH COALITION INC$20,000
WATAUGA HUMANE SOCIETY$15,000
RED FEATHER EQUINE SANCTUARY$15,000
OUR DAILY BREAD FOOD PANTRY$10,000
WINSTON-SALEM STREET SCHOOL$10,000
HOSPITALITY HOUSE OF NORTHWEST NC$10,000
Individual grant recipient$5,000
WATAUGA HIGH SCHOOL$5,000
TWO RIVERS COMMUNITY SCHOOL$5,000
HAND ME DOWN DOBES$3,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY24–24, $15k) land where the poverty rate runs at 21%, against an area that typically sits at 13%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 13%HIGH COUNTRY CAREGIVERS: $15k → 21%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

52%of every dollar goes to organizations it has funded before.
$226k · 6 repeat orgs$211k to everyone else

Grantees it renews have grown median revenue +13% since the first grant, against 0% for those funded once.

6 repeat relationships: 6 still active in FY2025, 0 since wound down; 6 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

6
7

Total granted

$226k
$148k

Median revenue growth · since first grant

+13%
0%

Still filing today

50%
29%

New vs renewed · share of each year

In FY2025, 57% of grant dollars renewed an existing relationship; $63k went to new ones.

50%100%’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’23’24’25
AnimalsEducationHuman ServicesFood & NutritionHousing & ShelterOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • TR
    Two Rivers Community School
    2× · 2024–2025 · $56k · revenue +0%
  • WH
    WATAUGA HUMANE SOCIETY
    3× · 2023–2025 · $40k · revenue +13%
  • WS
    WINSTON-SALEM STREET SCHOOL
    2× · 2024–2025 · $20k · revenue +15%

Funded once

  • BW
    Brother Wolf Animal Rescue Inc
    one grant, 2024 · $38k · revenue 0%
  • SR
    STAR RANCH HORSE RESCUE
    one grant, 2024 · $30k
  • UE
    UNCG EXCELLENCE FOUNDATION - ETHEL C FULTON SCHOLARSHIP
    one grant, 2023 · $25k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Hawkins County Humane Society Inc

Providing a safe and humane animal shelter for unwanted animals in Hawkins County.

Animals
2
Humane Society of Richland Wilkin Co

To improve the qulity of life for companion animals, to place homeless cats & dogs in suitable homes, & to provide programs to reduce the overpopulation and euthanasia of companion animals.

Animals
3
Pisgah Animal Welfare Society Inc
Animals
4
Williams County Humane Society

To spay and neuter animals and provide shelter

—
5
Hopkins County Humane Society

The mission of the hopkins county humane society is to ensure the humane and compassionate treatment of all animals.

Animals
6
Heartland Humane Society Ltd

Heartland humane society is a no-kill shelter for dogs and cats. the mission is to provide temporary shelter and care to homeless/lost animals, to educate the public on proper care of animals, and to promote neuter and spay programs.

Animals
7
Wenatchee Valley Humane Society Inc

The mission of wvhs is to serve the community through education, protection and pet adoptions. we continue our mission by taking care of displaced pets, rescuing injured and lost animals, providing spay/neuter programs, investigating…

Animals
8
Wayne County Humane Society
Animals
9
Humane Society of Eastern Carolina

to find forever homes for unwanted animals

Animals
10
Humane Societys Mountain Shelter

The care and adoption of stray, domestic animals

Animals
11
Humane Society Waterville Area

Care for homeless animals

Animals
12
Appalachian Highlands Humane Society Inc

Education, promotion, and implementation of effective spay and neuter services for animals, rescue of abused animals, foster services for animals available for adoption, and administration of adoption of animals to qualified applicants.

Animals
How this is measured
The grantee most central to the portfolio’s shape is Hospitality House of Northwest North Carolina; the most unlike its peers is High Country Caregiver Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

9 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 9 of the 19 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
9/9
Grantees still filing
4/9
Grew since first funded

Where the money sits, by cause and then by grantee

UNCG EXCELLENCE FDN-ETHEL C FULTON: $50,000 · OtherUNCG EXCELLENCE FDN-ETHEL C FULTONASU FOUNDATION-FULTON FAMILY SCHOLA: $50,000 · OtherASU FOUNDATION-FULTON FAMILY SCHOLASTAR RANCH HORSE RESCUE: $30,000 · OtherSTAR RANCH HORSE RESCUEUNCG EXCELLENCE FOUNDATION - ETHEL C FULTON SCHOLARSHIP: $25,000 · OtherUNCG EXCELLENCE FOUNDATION - ETHEL C FULTON SCHOLARSHIPASU FOUNDATION - FULTON FAMILY SCHOLARSHIP: $25,000 · OtherASU FOUNDATION - FULTON FAMILY SCHOLARSHIPOUR DAILY BREAD FOOD PANTRY: $10,000 · OtherIndividual grant recipient: $10,000 · OtherDAVIE CO HIGH SCHOOL BAND BOOSTERS: $10,000 · Other+2 more: $10,000 · OtherWATAUGA HUMANE SOCIETY: $40,000 · AnimalsWATAUGA HUMANE SOCIETYBrother Wolf Animal Rescue Inc: $37,500 · AnimalsBrother Wolf Animal Resc…RED FEATHER FARM: $15,000 · AnimalsRED FEATHER FARM+1 more: $3,000 · AnimalsTwo Rivers Community School: $56,000 · EducationTwo Rivers Communit…WINSTON-SALEM STREET SCHOOL: $20,000 · EducationWINSTON-SALEM STREE…THE HUNGER AND HEALTH COALITION INC: $20,000 · Food & NutritionHIGH COUNTRY CAREGIVER FOUNDATION: $15,000 · Human ServicesHOSPITALITY HOUSE OF NORTHWEST NORTH CAROLINA: $10,000 · Housing & Shelter
Other$220,000Animals$95,500Education$76,000Food & Nutrition$20,000Human Services$15,000Housing & Shelter$10,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetTwo Rivers Community School: $56,000 over 2y, 2.4% of budgetWATAUGA HUMANE SOCIETY: $40,000 over 3y, 1.5% of budgetBrother Wolf Animal Rescue Inc: $37,500 over 1y, 0.3% of budgetWINSTON-SALEM STREET SCHOOL: $20,000 over 2y, 1.1% of budgetTHE HUNGER AND HEALTH COALITION INC: $20,000 over 1y, 0.5% of budgetRED FEATHER FARM: $15,000 over 1y, 2.9% of budgetHIGH COUNTRY CAREGIVER FOUNDATION: $15,000 over 1y, 1.2% of budgetHOSPITALITY HOUSE OF NORTHWEST NORTH CAROLINA: $10,000 over 1y, 0.2% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds Two Rivers Community School ↗
  • Who funds WATAUGA HUMANE SOCIETY ↗
  • Who funds Brother Wolf Animal Rescue Inc ↗
  • Who funds WINSTON-SALEM STREET SCHOOL ↗
  • Who funds THE HUNGER AND HEALTH COALITION INC ↗
  • Who funds RED FEATHER FARM ↗
  • Who funds HIGH COUNTRY CAREGIVER FOUNDATION ↗
  • Who funds HOSPITALITY HOUSE OF NORTHWEST NORTH CAROLINA ↗
  • Who funds HAND ME DOWN DOBES ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

North Carolina Community FoundationNC13.2× affinity4 shared granteesties to 8 of 8Hover any node to trace its alignments.Compare side by side →

Open a dossier: North Carolina Community Foundation · Raymond James Charitable Endowment Fund · Paypal Charitable Giving Fund · Vanguard Charitable Endowment Program · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc · American Online Giving Foundation Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Fulton Family Trust funds: left to right is the share of its income from government, bottom to top the share from Fulton Family Trust. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%1%3%4%5%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    4report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–5%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 19 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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