Kathrine R Everett Charitable Testamentary Trust
Donations deductibleRevenue
$1.2m
year to 30 November 2024
Expenses
$1.7m
year to 30 November 2024
Total assets
$14.4m
$0 liabilities
Net assets
$14.4m
assets less liabilities
Directors and trustees
3
8.4y av
Staff
0
employees, year to 30 November 2024
Left since last filing
0
no seats appear to have opened
Voting members
3
reported in Part VI
Kathrine R Everett Charitable Testamentary Trust's network
3 peoplei3 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 3 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| James McGregor Everett | Trustee | 2018 | 8 yrs |
| Judith W Wegnerjd UNC SCH of Law | Trustee | 2018 | 8 yrs |
| Rich L Schmalbeckjd Duke Law SCH | Trustee | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 30 November 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| James McGregor Everett | Trustee | $0 | |||
| Judith W Wegnerjd Unc Sch of Law | Trustee | $0 | |||
| Rich L Schmalbeckjd Duke Law Sch | Trustee | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Kathrine R Everett Charitable Testamentary Trust
- EIN
- 566473809
- Address
- 2812 Erwin Rd Ste 205, Durham, NC, 27705-4594
- State
- North Carolina
- Mission
- To financially support the law schools of both unc - chapel hill and duke university. (as filed on the Form 990)
- Activity (NTEE)
- T30Z Philanthropy, voluntary services and grantmaking
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Philanthropy, Voluntarism & Grantmaking Foundations
- Size band
- 8 (IRS master file code)
- Formed
- 1992
- Principal officer
- James McGregor Everett (as named on the Form 990)
- IRS ruling date
- 1 November 1997
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2023
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsJames McGregor Everett
≥8years on the filingsJudith W Wegnerjd UNC SCH of Law
≥8years on the filingsRich L Schmalbeckjd Duke Law SCH
Latest return
year to 30 November 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 November 2024. US dollars, as filed.- Total assets
- $14.4m
- Total liabilities
- $0
- Net assets or fund balances
- $14.4m
- Contributions and grants received
- $0
- Program service revenue
- $0
- Grants and similar paid out
- $1.6m
- Employees
- 0
Grants paid
2 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Unc Law School | $825k | |
| Duke Law School | $825k |