Skip to main content

Nonprofit · EIN 56-6035980

TRENT RAGLAND JR TRUST

Also known as UST

Tax-exempt · HIGH POINT, NC 27261

Financials

$1.7M$907K2023$1.8M$1.3M2024$2.2M$1.4M2025
Revenue Expenses · by fiscal year end
Financials of TRENT RAGLAND JR TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$2,220,661$1,394,936$825,725$23,413,561$0$23,413,561
December 31, 2024990-PF$1,793,759$1,295,217$498,542$22,587,836$0$22,587,836
December 31, 2023990-PF$1,706,553$906,648$799,905$22,089,294$0$22,089,294
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$935,869
Interest
$3,412
Net gain from sales of assets
$1,281,380

Expenses

Grants and similar amounts paid
$1,158,900
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,158,900
Excise tax on investment income
$28,174

Balance sheet and other

Total assets, start of year
$22,587,836
Total assets, end of year
$23,413,561
Total liabilities, end of year
$0
Net assets, end of year
$23,413,561
Fair market value of assets
$27,401,136
Qualifying distributions
$1,158,900
Net investment income
$2,220,661

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
PINNACLE BANK
PO BOX 2278, HIGH POINT, NC 27261
TRUSTEE1$0
IRIS TURNER
3725 NATIONAL DRIVE SUITE 150, RALEIGH, NC 27612
GRANT MANAGER5$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
PINNACLE BANK
PO BOX 2278, HIGH POINT, NC 27261
TRUSTEE1$0
IRIS TURNER
3725 NATIONAL DRIVE SUITE 150, RALEIGH, NC 27612
GRANT MANAGER5$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
PINNACLE BANK
PO BOX 2278, HIGH POINT, NC 27261
TRUSTEE1$0
IRIS TURNER
3725 NATIONAL DRIVE SUITE 150, RALEIGH, NC 27612
GRANT MANAGER5$0

Address and contacts

Address (IRS master file)
PO BOX 2278, HIGH POINT, NC 27261-2278
In care of
% FIRST UNION NATL BANK OF NC
Signed the 990-PF
PINNACLE BANK, TRUSTEE
Phone
(336) 881-3600
Return prepared by
CRI ADVISORS PLLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
56-6035980
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1961
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$23,413,561
Income (IRS master file)
$7,783,105

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$2,220,661$1,394,936$23,413,561XML
990-PFDecember 2024$1,793,759$1,295,217$22,587,836XML
990-PFDecember 2023$1,706,553$906,648$22,089,294XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-6035980).

Questions about TRENT RAGLAND JR TRUST

What is the EIN of TRENT RAGLAND JR TRUST?
The employer identification number (EIN) of TRENT RAGLAND JR TRUST is 56-6035980.
Is TRENT RAGLAND JR TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
Are donations to TRENT RAGLAND JR TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TRENT RAGLAND JR TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of TRENT RAGLAND JR TRUST due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TRENT RAGLAND JR TRUST last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of TRENT RAGLAND JR TRUST?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does TRENT RAGLAND JR TRUST have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,220,661, expenses of $1,394,936 and total assets of $23,413,561 at year end.

Other nonprofits in HIGH POINT

All nonprofits in HIGH POINT · North Carolina · Philanthropy, voluntarism and grantmaking foundations