ResourcesFundersNorth Carolina › Albemarle Community Trust
North Carolina · Funder profile

Albemarle Community Trust

Albemarle Community Trust is a smaller private independent foundation in Hertford, NC. Based on its most recent public IRS Form 990 (fiscal year 2023), it reported about $24K in total assets and $90K in annual expenses. This free profile summarizes what the public record shows and how to research it further.

Key facts

TypePublic charity (publicly supported)
Focus (NTEE)private independent foundation (T22)
LocationHertford, NC
Total assets$24K
Annual revenue$81K
Annual expenses$90K
Fiscal year2023
EIN562273552

About Albemarle Community Trust

Albemarle Community Trust is registered with the IRS as public charity (publicly supported) and classified under NTEE code T22 — an independent private foundation, often family-funded, that makes grants. It is based in Hertford, NC. Foundations like this are an important part of the local funding landscape; reviewing a funder's Form 990 is the best way to see what and whom it actually funds before you reach out.

Does Albemarle Community Trust accept applications?

As a private independent foundation, Albemarle Community Trust is more likely than a private foundation to accept applications or run open grant programs — but policies vary. Check its website or recent Form 990 for an application process before applying.

IRS Form 990 financial history

Fiscal yearRevenueExpensesTotal assets
2023$81K$90K$24K
2022$82K$78K$33K
2021$85K$72K$29K
2020$76K$71K$16K
2019$83K$82K$11K
2018$81K$81K$11K

Figures from the organization's public IRS Form 990 filings (most recent first). For a grantmaking foundation, annual expenses largely reflect grants made plus operating costs.

Funding that doesn't depend on a grant cycle

Diversify beyond grants with recurring, unrestricted support

Researching funders is smart — but grants are competitive and slow. Good Circles builds a base of recurring, unrestricted funding alongside your grant strategy: supporters pick your cause once, then a share of their everyday local spending funds you automatically — about 10% of each merchant's net profit, conservatively ~$72 per active supporter per year (an estimate), free for your nonprofit. Good Circles launches in the South first (September 2026).

Claim a Founding Nonprofit spot →

Sources & tools

This is a research profile built from public records — not an endorsement, and not an application portal. Always confirm current priorities, deadlines, and how to apply with the funder before reaching out.

Source: the organization's IRS Form 990 filings (public record) via ProPublica Nonprofit Explorer. Figures are from its most recent available filing and may not reflect current activity. Last verified 2026-06-17.

FAQ

What is Albemarle Community Trust?

Albemarle Community Trust is an independent private foundation, often family-funded, that makes grants based in Hertford, NC. Its IRS employer identification number (EIN) is 562273552.

Where is Albemarle Community Trust located?

Albemarle Community Trust is located in Hertford, NC 27944-9825.

How large is Albemarle Community Trust?

According to its most recent IRS Form 990 (fiscal year 2023), Albemarle Community Trust reported about $24K in total assets, $81K in revenue, and $90K in expenses. For a grantmaking foundation, total expenses largely reflect the grants and charitable activity it funds.

Does Albemarle Community Trust accept grant applications?

As a private independent foundation, Albemarle Community Trust is more likely than a private foundation to accept applications or run open grant programs — but policies vary. Check its website or recent Form 990 for an application process before applying.

What is Albemarle Community Trust's EIN?

Albemarle Community Trust's EIN (employer identification number) is 562273552. You can use it to look up the organization on the IRS Tax Exempt Organization Search or on ProPublica Nonprofit Explorer.