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Efrid L & Marie Hine Fund is a private trust based in RALEIGH, NC. The foundation received its IRS ruling in 1976. The principal officer is First Citizens Bank. It holds total assets of $3.8M. Annual income is reported at $1.1M. The foundation is governed by 1 officer or trustee. The foundation operates in the area of religion. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Efrid L & Marie Hine Fund has made 4 grants totaling $805K, with a median grant of $215K. Annual giving has grown from $143K in 2020 to $464K in 2022. Individual grants have ranged from $143K to $232K, with an average award of $201K. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
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.
Efrid L & Marie Hine Fund primarily funds organizations in the area of religion. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NC.
Efrid L & Marie Hine Fund has distributed a total of $805K across 4 grants. The median grant size is $215K, with an average of $201K. Individual grants have ranged from $143K to $232K.
Efrid L & Marie Hine Fund typically selects its grantees rather than accepting unsolicited proposals.
Efrid L & Marie Hine Fund is headquartered in RALEIGH, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Citizens Bank | TRUSTEE | $29K | $0 | $29K |
Total Giving
$233K
Total Assets
$3.8M
Fair Market Value
$4.2M
Net Worth
$3.8M
Grants Paid
$200K
Contributions
N/A
Net Investment Income
$65K
Distribution Amount
$195K
Total: $3.7M
Total Grants
4
Total Giving
$805K
Average Grant
$201K
Median Grant
$215K
Unique Recipients
1
Most Common Grant
$232K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Augsburg Evangelical Lutheran ChurchGENERAL FUNDING | Winstonsalem, NC | $232K | 2022 |