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First Bank Foundation is a private corporation based in CREVE COEUR, MO. The foundation received its IRS ruling in 2019. The principal officer is Annette R Carson. It holds total assets of $1.1M. Annual income is reported at $344K. Total assets have grown from $722K in 2019 to $1.4M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Missouri and California. According to available records, First Bank Foundation has made 14 grants totaling $507K, with a median grant of $36K. Annual giving has decreased from $409K in 2020 to $15K in 2023. Individual grants have ranged from $11K to $70K, with an average award of $36K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Missouri and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$11K
Median Grant
$38K
Average Grant
$41K
Largest Grant
$70K
Based on 10 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.
First Bank Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in MO, CA.
First Bank Foundation has distributed a total of $507K across 14 grants. The median grant size is $36K, with an average of $36K. Individual grants have ranged from $11K to $70K.
First Bank Foundation typically selects its grantees rather than accepting unsolicited proposals.
First Bank Foundation is headquartered in CREVE COEUR, MO. While based in MO, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph T Ambrose | Treasurer | $0 | $0 | N/A |
| Stacy D Clay | Secretary | $0 | $0 | N/A |
| Shelley J Seifert | President - retired | $0 | $0 | N/A |
| Mikel Williamson | President | $0 | $0 | N/A |
Total Giving
$28K
Total Assets
$1.4M
Fair Market Value
$1.5M
Net Worth
$1.4M
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$27K
Distribution Amount
$68K
Total Grants
14
Total Giving
$507K
Average Grant
$36K
Median Grant
$36K
Unique Recipients
12
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Marion Middle SchoolEducation Technology initiative | Saint Louis, MO | $15K | 2023 |
| Maryville University Of St LouisEducation Technology initiative | St Louis, MO | $23K | 2021 |
| Oasis Center InternationalAssist with efforts to bridge the digital divide - provide technology resources for virtual learning | Santa Ana, CA | $70K | 2020 |
| Kipp - St LouisAssist with efforts to bridge the digital divide - provide technology resources for virtual learning | St Louis, MO | $54K | 2020 |
| St Louis Public Schools FoundationAssist with efforts to bridge the digital divide - provide technology resources for virtual learning | St Louis, MO | $50K | 2020 |
| Marian Middle SchoolAssist with efforts to bridge the digital divide - provide technology resources for virtual learning | St Louis, MO | $44K | 2020 |
| City Academy IncAssist with efforts to bridge the digital divide - provide technology resources for virtual learning | St Louis, MO | $39K | 2020 |
| Rebuilding Together Solano CountyAssist with efforts to bridge the digital divide - provide technology resources for virtual learning | Vallejo, CA | $38K | 2020 |
| Loyola Academy Of St LouisAssist with efforts to bridge the digital divide - provide technology resources for virtual learning | St Louis, MO | $37K | 2020 |
| University City Public Schools Education Found IncAssist with efforts to bridge the digital divide - provide technology resources for virtual learning | University City, MO | $35K | 2020 |
| Friends Of Jennings School District FoundationAssist with efforts to bridge the digital divide - provide technology resources for virtual learning | Jennings, MO | $30K | 2020 |
| Hawthorn Leadership School FoundationAssist with efforts to bridge the digital divide - provide technology resources for virtual learning | St Louis, MO | $11K | 2020 |