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Spivey Scholarship Trust is a private trust based in RALEIGH, NC. The foundation received its IRS ruling in 1985. It holds total assets of $646K. Annual income is reported at $197K. ALL EXPENSES DETAILED IN PART I WERE FOR SPECIFIC FUNCTIONS NECESSARY TO ADMINISTER THE SCHOLARSHIP TRUST. THREE STUDENT RECEIVED SCHOLARSHIPS. THERE WERE NO CONFERENCES HELD OR. According to available records, Spivey Scholarship Trust has made 11 grants totaling $69K, with a median grant of $5K. Annual giving has grown from $26K in 2020 to $43K in 2022. Individual grants have ranged from $2K to $12K, with an average award of $6K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
ALL EXPENSES DETAILED IN PART I WERE FOR SPECIFIC FUNCTIONS NECESSARY TO ADMINISTER THE SCHOLARSHIP TRUST. THREE STUDENT RECEIVED SCHOLARSHIPS. THERE WERE NO CONFERENCES HELD OR
RESEARCH PAPERS PRODUCED. THE THREE TRUSTEES MEET TO DECIDE ON SCHOLARSHIP RECIPIENTS. ALL INCOME REPORTED IN PART I IS PRODUCED BY THE EFFORTS AND INVESTMENT ABILITY OF THE TRUST
DEPARTMENT OF FIRST CITIZENS BANK AND TRUST COMPANY. THE INCOME IS FROM MONEY MARKET FUNDS, US GOVERNMENT SECURITIES & AGENCIES, AND STOCK MUTUAL FUNDS
ALL EXPENSES DETAILED IN PART I WERE FOR SPECIFIC FUNCTIONS NECESSARY TO ADMINISTER THE SCHOLARSHIP TRUST. THREE STUDENT RECEIVED SCHOLARSHIPS. THERE WERE NO CONFERENCES HELD OR. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NC.
Spivey Scholarship Trust has distributed a total of $69K across 11 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $2K to $12K.
The application deadline is NONE GRADUATES OF GATES COUNTY, NORTH CAROLINA HIGH SCHOOL.
Spivey Scholarship Trust is headquartered in RALEIGH, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Citizens Bank | TRUSTEE | $8K | $0 | $8K |
Total Giving
$50K
Total Assets
$647K
Fair Market Value
$681K
Net Worth
$647K
Grants Paid
$40K
Contributions
$0
Net Investment Income
$8K
Distribution Amount
$33K
Total: $208K
Total Grants
11
Total Giving
$69K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nc State UniversityEDUCATION - COLLEGE | Raleigh, NC | $10K | 2022 |
| Western Carolina UnivEDUCATION - COLLEGE | Cullowhee, NC | $5K | 2022 |
| University Of North CarolinaEDUCATION - COLLEGE | Chapel Hill, NC | $4K | 2022 |
| North Carolina Central UniversityEDUCATION - COLLEGE | Durham, NC | $2K | 2022 |
| Elizabeth City State UniversityEDUCATION - COLLEGE | Elizabeth City, NC | $7K | 2020 |
MARENGO, IA
LAKE PLACID, FL
MATTOON, IL
SN LUIS OBISP, CA
| N C A & T UniversityEDUCATION - COLLEGE | Greensboro, NC | $7K | 2020 |
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