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Nonprofit · EIN 56-6055716

CHAMPION MCDOWELL DAVIS CHARITABLE FDN

Also known as NATIONBANK OF NC TRUSTEE

Tax-exempt · WILMINGTON, NC 28404

Financials

$635K$1.1M2023$1.2M$1.2M2024$1.7M$1.2M2025
Revenue Expenses · by fiscal year end
Financials of CHAMPION MCDOWELL DAVIS CHARITABLE FDN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,673,176$1,209,737$463,439$19,808,114$0$19,808,114
December 31, 2024990-PF$1,176,515$1,223,687-$47,172$18,309,439$0$18,309,439
December 31, 2023990-PF$635,390$1,149,286-$513,896$17,470,979$0$17,470,979
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$1,065,585
Interest
$1,389
Net gain from sales of assets
$606,202

Expenses

Grants and similar amounts paid
$1,106,500
Compensation of officers, directors and key employees
$8,625
Disbursements for charitable purposes
$1,138,318
Excise tax on investment income
$22,573

Balance sheet and other

Total assets, start of year
$18,309,439
Total assets, end of year
$19,808,114
Total liabilities, end of year
$0
Net assets, end of year
$19,808,114
Fair market value of assets
$19,808,114
Qualifying distributions
$1,138,318
Net investment income
$1,673,176

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
Michael C Brown III
PO Drawer 2178, Wilmington, NC 28402
Chair1$1,500
Tom Dodson
PO Drawer 2178, Wilmington, NC 28402
Vice Chair1$1,500
Patricia C Jenkins
PO Drawer 2178, Wilmington, NC 28402
Trustee1$1,500
John S Pace
PO Drawer 2178, Wilmington, NC 28402
Trustee1$1,500
Katherine T Cammack
PO Drawer 2178, Wilmington, NC 28402
Trustee1$1,500
Allen Trask III
PO Drawer 2178, Wilmington, NC 28402
Trustee1$750
Frances Goodman
PO Drawer 2178, Wilmington, NC 28402
Treasurer/Sec.1$0
990-PF for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
John S Pace
PO Drawer 2178, Wilmington, NC 28402
President1$1,500
Patricia Jenkins
PO Drawer 2178, Wilmington, NC 28402
Vice President1$1,500
Tom Dodson
PO Drawer 2178, Wilmington, NC 28402
Treasurer1$1,500
William OJ Lynch
PO Drawer 2178, Wilmington, NC 28402
Secretary1$1,500
Michael C Brown III
PO Drawer 2178, Wilmington, NC 28402
Trustee1$1,500
Katherine T Cammack
PO Drawer 2178, Wilmington, NC 28402
Trustee1$1,500
Frances H Goodman
PO Drawer 2178, Wilmington, NC 28402
Trustee1$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
John S Pace
PO Drawer 2178, Wilmington, NC 28402
President1$1,500
Patricia Jenkins
PO Drawer 2178, Wilmington, NC 28402
Vice President1$1,500
Tom Dodson
PO Drawer 2178, Wilmington, NC 28402
Treasurer1$1,500
William OJ Lynch
PO Drawer 2178, Wilmington, NC 28402
Secretary1$1,500
Michael C Brown III
PO Drawer 2178, Wilmington, NC 28402
Trustee1$1,500
Katherine T Cammack
PO Drawer 2178, Wilmington, NC 28402
Trustee1$1,500
Frances H Goodman
PO Drawer 2178, Wilmington, NC 28402
Trustee1$0

Address and contacts

Address (IRS master file)
PO BOX 10899, WILMINGTON, NC 28404-0899
In care of
% WILLIAM O J LYNCH
Signed the 990-PF
Frances H Goodman, Treasurer
Phone
(910) 763-4565
Return prepared by
BEARMANCPA 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
56-6055716
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
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$19,808,114
Income (IRS master file)
$3,577,854

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,673,176$1,209,737$19,808,114XML
990-PFDecember 2024$1,176,515$1,223,687$18,309,439XML
990-PFDecember 2023$635,390$1,149,286$17,470,979XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 56-6055716).

Questions about CHAMPION MCDOWELL DAVIS CHARITABLE FDN

What is the EIN of CHAMPION MCDOWELL DAVIS CHARITABLE FDN?
The employer identification number (EIN) of CHAMPION MCDOWELL DAVIS CHARITABLE FDN is 56-6055716.
Is CHAMPION MCDOWELL DAVIS CHARITABLE FDN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to CHAMPION MCDOWELL DAVIS CHARITABLE FDN tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHAMPION MCDOWELL DAVIS CHARITABLE FDN file?
Form 990-PF. Private foundations file every year.
When is the next return of CHAMPION MCDOWELL DAVIS CHARITABLE FDN 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 CHAMPION MCDOWELL DAVIS CHARITABLE FDN 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 CHAMPION MCDOWELL DAVIS CHARITABLE FDN?
The 990-PF for the year ended December 31, 2025 lists 7 people; 6 received compensation from the organization, the highest $1,500 (Michael C Brown III, Chair).
How much revenue does CHAMPION MCDOWELL DAVIS CHARITABLE FDN have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,673,176, expenses of $1,209,737 and total assets of $19,808,114 at year end.

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