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G Fred Hale Charitable Trust First Citizens Bank Ttee is a private trust based in RALEIGH, NC. The foundation received its IRS ruling in 1993. The principal officer is First Citizens Bank Ttee. It holds total assets of $1.5M. Annual income is reported at $1.1M. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2025. Grantmaking is concentrated in North Carolina. According to available records, G Fred Hale Charitable Trust First Citizens Bank Ttee has made 28 grants totaling $360K, with a median grant of $9K. The foundation has distributed between $82K and $192K annually from 2020 to 2025. Grantmaking activity was highest in 2022 with $192K distributed across 14 grants. Individual grants have ranged from $4K to $43K, with an average award of $13K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$8K
Average Grant
$12K
Largest Grant
$37K
Based on 7 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.
G Fred Hale Charitable Trust First Citizens Bank Ttee is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in NC.
G Fred Hale Charitable Trust First Citizens Bank Ttee has distributed a total of $360K across 28 grants. The median grant size is $9K, with an average of $13K. Individual grants have ranged from $4K to $43K.
G Fred Hale Charitable Trust First Citizens Bank Ttee typically selects its grantees rather than accepting unsolicited proposals.
G Fred Hale Charitable Trust First Citizens Bank Ttee is headquartered in RALEIGH, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| FIRST CITIZENS BANK | TRUSTEE | $22K | $0 | $22K |
Total Giving
$87K
Total Assets
$1.5M
Fair Market Value
$2M
Net Worth
$1.5M
Grants Paid
$87K
Contributions
N/A
Net Investment Income
$77K
Distribution Amount
$94K
Total: $1.5M
Total Grants
28
Total Giving
$360K
Average Grant
$13K
Median Grant
$9K
Unique Recipients
7
Most Common Grant
$10K
of 2025 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| CAMPBELL UNIVERSITYGENERAL SUPPORT | BUIES CREEK, NC | $39K | 2025 |
| MEREDITH COLLEGEGENERAL SUPPORT | RALEIGH, NC | $13K | 2025 |
| WILLIAM PEACE UNIVERSITYGENERAL SUPPORT | RALEIGH, NC | $9K | 2025 |
| ST MARY'S COLLEGEGENERAL SUPPORT | RALEIGH, NC | $9K | 2025 |
| CHOWAN UNIVERSITYGENERAL SUPPORT | MURFREESBORO, NC | $9K | 2025 |
| THE YMCA OF THE TRIANGLE AREAINCGENERAL SUPPORT | RALEIGH, NC | $4K | 2025 |
| SE BAPTIST THEOLOGICAL SEMINARYGENERAL SUPPORT | WAKE FOREST, NC | $4K | 2025 |