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Citizens Bank Tri-Cities Foundation Ltd is a private corporation based in ELIZABETHTON, TN. The foundation received its IRS ruling in 1990. The principal officer is Joe Laporte. It holds total assets of $2.1M. Annual income is reported at $719K. Total assets have grown from $1.4M in 2011 to $2M in 2023. The foundation is governed by 4 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Tennessee. According to available records, Citizens Bank Tri-Cities Foundation Ltd has made 53 grants totaling $888K, with a median grant of $5K. Annual giving has decreased from $375K in 2020 to $165K in 2023. Individual grants have ranged from $200 to $179K, with an average award of $17K. The foundation has supported 28 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$4K
Average Grant
$22K
Largest Grant
$189K
Based on 14 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Citizens Bank Tri-Cities Foundation Ltd is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in TN.
Citizens Bank Tri-Cities Foundation Ltd has distributed a total of $888K across 53 grants. The median grant size is $5K, with an average of $17K. Individual grants have ranged from $200 to $179K.
Citizens Bank Tri-Cities Foundation Ltd is a private foundation. To inquire about grants, you can look up the foundation using their EIN (581914223) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Citizens Bank Tri-Cities Foundation Ltd is headquartered in ELIZABETHTON, TN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sam Laporte | DIRECTOR/PART-TIME | $0 | $0 | N/A |
| Christopher Laporte | DIRECTOR/PART-TIME | $0 | $0 | N/A |
| Joseph Laporte Iii | DIRECTOR/PART-TIME | $0 | $0 | N/A |
| Stephen Laporte | DIRECTOR/PART-TIME | $0 | $0 | N/A |
Total Giving
$185K
Total Assets
$2M
Fair Market Value
$3M
Net Worth
$2M
Grants Paid
$165K
Contributions
N/A
Net Investment Income
$141K
Distribution Amount
$134K
Total Grants
53
Total Giving
$888K
Average Grant
$17K
Median Grant
$5K
Unique Recipients
28
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The WellGENERAL FUND/OPERATIONS | Johnson City, TN | $14K | 2023 |
| Salvation ArmyGENERAL FUND/OPERATIONS | Johnson City, TN | $250 | 2023 |
| Rotary ClubGENERAL FUND/OPERATIONS | Elizabethton, TN | $200 | 2023 |
| The University Of Tennessee FoundationGENERAL FUND/OPERATIONS | Knoxville, TN | $70K | 2023 |
| Kplay Sports CouncilGENERAL FUND/OPERATIONS | Kingsport, TN | $20K | 2023 |
| Elizabethton Carter County Boys & Girls ClubGENERAL FUND/OPERATIONS | Elizabethton, TN | $20K | 2023 |
| Elizabethton High SchoolGENERAL FUND/OPERATIONS | Elizabethton, TN | $12K | 2023 |
| Make A Wish East TnGENERAL FUND/OPERATIONS | Knoxville, TN | $10K | 2023 |
| United Way Of East Tn HighlandsGENERAL FUND/OPERATIONS | Elizabethton, TN | $4K | 2023 |
| Unaka High SchoolGENERAL FUND/OPERATIONS | Elizabethton, TN | $3K | 2023 |
| Happy Valley High SchoolGENERAL FUND/OPERATIONS | Elizabethton, TN | $3K | 2023 |
| Hampton High SchoolGENERAL FUND/OPERATIONS | Hampton, TN | $3K | 2023 |
| Cloudland HighschoolGENERAL FUND/OPERATIONS | Roan Mountain, TN | $3K | 2023 |
| United Way Of Greater KingsportGENERAL FUND/OPERATIONS | Kingsport, TN | $2K | 2023 |
| Ne State Tech Comm College FoundationGENERAL FUND/OPERATIONS | Blountville, TN | $1K | 2023 |
| United Way Bristol Tn-Va IncGENERAL FUND/OPERATIONS | Britol, TN | $731 | 2023 |
| The GideonsGENERAL FUND/OPERATIONS | Nashville, TN | $500 | 2023 |
| Jeremiah SchoolGENERAL FUND/OPERATIONS | Johnson City, TN | $500 | 2023 |
| Kplay The Miracle LeagueGENERAL FUND/OPERATIONS | Kingsport, TN | $20K | 2022 |
| Etsu FoundationGENERAL FUND/OPERATIONS | Johnson City, TN | $20K | 2022 |
| Carson Newman UniversityGENERAL FUND/OPERATIONS | Jefferson City, TN | $500 | 2022 |
| Summit LeadershipGENERAL FUND/OPERATIONS | Johnson City, TN | $500 | 2022 |
| Holston Area Habitat For HumanityGENERAL FUND/OPERATIONS | Kingsport, TN | $25K | 2020 |
| Cyclone Touchdown ClubGENERAL FUND/OPERATIONS | Watauga, TN | $23K | 2020 |
| Grace Fellowship ChurchGENERAL FUND/OPERATIONS | Johnson City, TN | $10K | 2020 |
| United Way Of Elizabethtoncarter CoGENERAL FUND/OPERATIONS | Elizabethton, TN | $4K | 2020 |
| Johnson City Area United WayGENERAL FUND/OPERATIONS | Johnson City, TN | $3K | 2020 |