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First-Citizens Foundation Inc. is a private corporation based in SMITHFIELD, NC. The foundation received its IRS ruling in 1957. It holds total assets of $565K. Annual income is reported at $28K. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. According to available records, First-Citizens Foundation Inc. has made 45 grants totaling $125K, with a median grant of $2K. Annual giving has grown from $29K in 2020 to $64K in 2022. Individual grants have ranged from $150 to $20K, with an average award of $3K. The foundation has supported 22 unique organizations. Grants have been distributed to organizations in North Carolina and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$150
Median Grant
$1K
Average Grant
$3K
Largest Grant
$20K
Based on 9 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-Citizens Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 45 grants. Its grantmaking reaches organizations primarily in NC, VA.
First-Citizens Foundation Inc. has distributed a total of $125K across 45 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $150 to $20K.
First-Citizens Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
First-Citizens Foundation Inc. is headquartered in SMITHFIELD, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frank B Holding Jr | PRESIDENT | $0 | $0 | N/A |
| Hope H Bryant | VICE PRESIDENT | $0 | $0 | N/A |
| Olivia Holding | TREASURER | $0 | $0 | N/A |
| Jeff Carver | ASSISTANT SECRETARY/TREASU | $0 | $0 | N/A |
| Judith A Murray | SECRETARY | $0 | $0 | N/A |
| Carson H Brice | DIRECTOR | $0 | $0 | N/A |
Total Giving
$33K
Total Assets
$573K
Fair Market Value
$606K
Net Worth
$573K
Grants Paid
$32K
Contributions
N/A
Net Investment Income
$45K
Distribution Amount
$29K
Total: $519K
Total Grants
45
Total Giving
$125K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
22
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Benson Area Medical CenterGENERAL SUPPORT | Benson, NC | $5K | 2022 |
| Boys & Girls Club Of Cumberland CountyGENERAL SUPPORT | Fayetteville, NC | $5K | 2022 |
| Sampson Regional Medical Center FoundationAID IN EXPANDING LOCALLY AVAILABLE MEDICAL SERVICES FOR THE COUNTY AND EXTENDED COMMUNITIES | Clinton, NC | $5K | 2022 |
| Ava Gardner MuseumORGANIZATION OPERATIONS AND ACTIVITIES | Smithfield, NC | $5K | 2022 |
| Johnston Health FoundationORGANIZATION OPERATIONS AND ACTIVITIES | Smithfield, NC | $2K | 2022 |
| Unc WilmingtonSCHOLARSHIP | Wilmington, NC | $2K | 2022 |
| Appalachian State UniversitySCHOLARSHIP | Boone, NC | $2K | 2022 |
| East Carolina UniversitySCHOLARSHIP | Greenville, NC | $2K | 2022 |
| Johnston County Youth Livestock ShowORGANIZATION OPERATIONS AND ACTIVITIES | Smithfield, NC | $2K | 2022 |
| Mount Olive CollegeSCHOLARSHIP | Mount Olive College, NC | $2K | 2022 |
| North Carolina State UniversitySCHOLARSHIP | Raleigh, NC | $2K | 2022 |
| Wilson County 4-HORGANIZATION OPERATIONS AND ACTIVITIES | Wilson, NC | $1K | 2022 |
| Johnston County Heritage CenterGENERAL SUPPORT | Smithfield, NC | $5K | 2021 |
| Boys & Girls Club Of Wayne CountyGENERAL SUPPORT | Goldsboro, NC | $2K | 2021 |
| Campbell UniversitySCHOLARSHIP | Buies Creek, NC | $2K | 2021 |
| Averett UniversitySCHOLARSHIP | Danville, VA | $1K | 2021 |
| Saint Mary'S SchoolGENERAL SUPPORT | Raleigh, NC | $20K | 2020 |
| The Salvation Army Of Wake CountyORGANIZATION OPERATIONS AND ACTIVITIES | Raleigh, NC | $3K | 2020 |
| Johnston County Department Of Social ServicesORGANIZATION OPERATIONS AND ACTIVITIES | Smithfield, NC | $1K | 2020 |
| Unc-Chapel HillSCHOLARSHIP | Chapel Hill, NC | $1K | 2020 |
| High Point UniversityGENERAL SUPPORT | High Point, NC | $500 | 2020 |
| Wake Tech Community CollegeSCHOLARSHIP | Raleigh, NC | $500 | 2020 |