Bryan Foundation Inc Co First Citizens
The Bryan Foundation Inc Co First Citizens is a private foundation incorporated in 1954 and based in Raleigh, North Carolina. Also known as the James E & Mary Z Bryan Foundation, it operates under the administration of First Citizens Bank Trust Department. The foundation is a 501(c)(3) organization with no employees.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.7M
-4.5% YoY
Annual Giving
$700K
+10.2% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$100K
+26.0% YoY
Mission & Focus Areas
The foundation's purpose is to aid needy and worthy students who are residents of North Carolina through grants to trade schools, colleges, or universities, with support also extended to secondary schools. The foundation's grantmaking concentrates on education, with a particular focus on North Carolina educational institutions, including a noted emphasis on Hobbton High School.
Grantmaking
Recent grants include:
Grant Range
$10,000–$330,000
Average Grant
$60,000–$61,000
Review Cycle
Prior to January 31
How to Apply
**
Ready to take the next step with Bryan Foundation Inc Co First Citizens?
Geographic Focus
Where this funder awards grants
The foundation restricts its grantmaking to North Carolina, with grant recipients concentrated throughout the state.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2025:
- Total Assets: $5,718,434
- Total Revenues: $488,722
- Total Expenses: $759,708
- Investment Income and Dividends: $184,122
As of Fiscal Year 2024:
- Investment Income and Dividends: $178,230
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,718,434 | $5,989,812 | $5,833,786 |
| Revenue | $488,722 | $859,953 | $894,080 |
| Expenses | $759,708 | $702,137 | $490,764 |
| Qualifying Distributions | $700,723 | $635,585 | $441,300 |
| Net Investment Income | $434,864 | $803,867 | $852,079 |
| Distributable Amount | $694,424 | $591,503 | $455,593 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- William H. Bryan – Trustee
- James M. Zealy – Trustee
- Walter Reed – Director
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| William H Bryan | PRESIDENT | 1 | — |
| James M Kee Zealy JR | VICE PRESIDENT | 1 | — |
| Frank Holding JR | SECRETARY | 1 | — |
Contact Information
- Phone: 919-716-2669
- Address: PO Box 29522, Raleigh, NC 27626-0522
- EIN: 56-6034567
- IRS Ruling Year: 1959
Related Funders
Similar funders by location and focus area
The Hillbrook Gkp Iii Foundation Inc
GREENSBORO, NC
Assets
$32K
Grants
1
Total Given
$2K
Rotary Club of Salisbury Charities
SALISBURY, NC
Assets
$39K
Grants
1
Total Given
$50K
Ihope Foundation
GREENSBORO, NC
Assets
$10K
Grants
1
Total Given
$20K
Orange County Partnership for Young
HILLSBOROUGH, NC
Assets
$477K
Grants
18
Total Given
$2.1M
North Carolina Baptist Hospital
WINSTONSALEM, NC
Assets
$2.8B
Grants
17
Total Given
$634K
The Anne Shuford Mcbryde
ASHEVILLE, NC
Assets
$970K
Grants
19
Total Given
$49K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Bryan Foundation Inc Co First Citizens on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities