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The First Bank Foundation is a private corporation based in CHERAW, SC. The foundation received its IRS ruling in 1998. The principal officer is John Long. It holds total assets of $600K. Annual income is reported at $16K. Total assets have grown from $261K in 2010 to $600K in 2023. The foundation is governed by 3 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 2021 to 2024. Grantmaking is concentrated in South Carolina. According to available records, The First Bank Foundation has made 72 grants totaling $63K, with a median grant of $500. The foundation has distributed between $32K and $32K annually from 2021 to 2023. Individual grants have ranged from $250 to $5K, with an average award of $878.472. The foundation has supported 58 unique organizations. Grant recipients are concentrated in South Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$500
Average Grant
$750
Largest Grant
$3K
Based on 35 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.
The First Bank Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 72 grants. Its grantmaking reaches organizations primarily in SC.
The First Bank Foundation has distributed a total of $63K across 72 grants. The median grant size is $500, with an average of $878.472. Individual grants have ranged from $250 to $5K.
The First Bank Foundation typically selects its grantees rather than accepting unsolicited proposals.
The First Bank Foundation is headquartered in CHERAW, SC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Long | Director | $0 | $0 | N/A |
| James Crawford | Director | $0 | $0 | N/A |
| William Rhett Butler | Director | $0 | $0 | N/A |
Total Giving
$28K
Total Assets
$600K
Fair Market Value
$600K
Net Worth
$600K
Grants Paid
$27K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
$30K
Total Grants
72
Total Giving
$63K
Average Grant
$878.472
Median Grant
$500
Unique Recipients
58
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lighthouse MinistriesOperating Fund | Cheraw, SC | $500 | 2023 |
| Miracle LeagueOperating Fund | Cheraw, SC | $500 | 2023 |
| Humane SocietyOperating Fund | Cheraw, SC | $500 | 2023 |
| House Of HopeOperating fund | Cheraw, SC | $1K | 2021 |
| YmcaOperating Fund | Cheraw, SC | $5K | 2023 |
| Mcarn Community MinistryOperating Fund | Cheraw, SC | $3K | 2023 |
| Northeastern Technical CollegeOperating Fund | Cheraw, SC | $3K | 2023 |
| Pee Dee Area Coalition Against Domestic & Sexual-COperating Fund | Cheraw, SC | $3K | 2023 |
| United Way Of Florence CountyOperating Fund | Cheraw, SC | $1K | 2023 |
| St David'S Cemetery Assoc IncOperating Fund | Cheraw, SC | $1K | 2023 |
| Chesterfield Co Animal ShelterOperating Fund | Cheraw, SC | $1K | 2023 |
| Greater Florence HabitatOperating Fund | Cheraw, SC | $1K | 2023 |
| Pathfinders UnitedOperating Fund | Cheraw, SC | $1K | 2023 |
| Pee Dee Land TrustOperating Fund | Cheraw, SC | $1K | 2023 |
| House Of HopOperating Fund | Cheraw, SC | $1K | 2023 |
| The School FoundationOperating Fund | Cheraw, SC | $1K | 2023 |
| Hospice Of Chesterfield CountyOPERATING FUND | Cheraw, SC | $1K | 2023 |
| Cheraw Rescue SquadOperating Fund | Cheraw, SC | $500 | 2023 |
| Florence County Disabilities FoundationOperating Fund | Cheraw, SC | $500 | 2023 |
| All 4 AutismOperating Fund | Cheraw, SC | $500 | 2023 |
| Help 4 KidsOperating Fund | Cheraw, SC | $500 | 2023 |
| Chesterfield Fire DepartmentOperating Fund | Cheraw, SC | $500 | 2023 |
| SnacOperating Fund | Cheraw, SC | $500 | 2023 |
| Boys And Girls ClubOperating Fund | Cheraw, SC | $500 | 2023 |
| Fellowship Of Christian AthletesOperating Fund | Cheraw, SC | $500 | 2023 |
| Patrick Fire DepartmentOperating Fund | Cheraw, SC | $500 | 2023 |
| Cash Fire DepartmentOperating Fund | Cheraw, SC | $500 | 2023 |
| Big Brothers And Big SistersOperating Fund | Cheraw, SC | $500 | 2023 |
| Care House Of The Pee DeeOperating Fund | Cheraw, SC | $500 | 2023 |
| Fdtc FoundationOperating Fund | Cheraw, SC | $500 | 2023 |
| United Way Of Chesterfield CountyOperating Fund | Cheraw, SC | $500 | 2023 |
| Brocks Mill Fire DepartmentOperating Fund | Cheraw, SC | $500 | 2023 |
| Junior LeagueOperating Fund | Cheraw, SC | $250 | 2023 |
| Wallace Rescue SquadOperating Fund | Cheraw, SC | $250 | 2023 |
| Girl Scout Council Of Pee Dee AreaOperating Fund | Cheraw, SC | $250 | 2023 |
| Peedee Coalition DillonOperating Fund | Cheraw, SC | $3K | 2021 |
| NetcOperating Fund | Cheraw, SC | $3K | 2021 |
| Pee Dee Against Domestic ViolenceOperating Fund | Cheraw, SC | $3K | 2021 |
| Pathfinders InternationalOperating Fund | Cheraw, SC | $1K | 2021 |
| St Davids CemetaryOperating Fund | Cheraw, SC | $1K | 2021 |
| Town Of Cheraw Jazz FestivalOperating Fund | Cheraw, SC | $1K | 2021 |
| Mercy In Me Free MedicalOperating Fund | Cheraw, SC | $1K | 2021 |
| Kathy Sims Endowed NursingOperating Fund | Cheraw, SC | $1K | 2021 |
| Tenacious GraceOperating Fund | Cheraw, SC | $500 | 2021 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC