Charlotte Woman's Club First Citizens Bank

RALEIGH, NC EIN: 56-0485701

Charlotte Woman's Club First Citizens Bank is a private foundation focused on Education, based in RALEIGH, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 39 grants totaling $135K. Net investment income was $126K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.2M

-0.8% YoY

Annual Giving

$135K

+25.7% YoY

Grant Count

39

-4.9% YoY

Avg Grant Size

$3K

+32.1% YoY

About Charlotte Woman's Club First Citizens Bank

Based on IRS filings

Charlotte Woman's Club First Citizens Bank is a private foundation focused on Education, based in RALEIGH, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 39 grants totaling $135K. Net investment income was $126K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

ArlingtonAshevilleBeverlyChapel HillCharlotteColumbiaColumbusConcordDavidsonGreensboroHuntersvilleIron StationLake WaccamawLancasterLittle RockMatthewsMcadenvilleMemphisMint HillMorganton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$71K$142K$213K$284K20212022202320242025
Metric202520242023
Total Assets$2,188,078$2,204,920$2,224,648
Revenue$148,361$111,826$-391
Expenses$164,146$134,639$137,869
Qualifying Distributions$145,600$118,877$118,678
Net Investment Income$126,215$91,501$32,269
Distributable Amount$129,891$119,018$112,999

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$67K$101K$135K44 grants202150 grants202235 grants202341 grants202439 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

REACH OUT AND READ$11KAUGUSTINE LITERACY PROJECT$11KUPTOWN FARMERS MARKET$10KTHEATRE CHARLOTTE$8KTHE RELATIVES$8KHeart Math Tutoring$8KThompson Child & Family …$8KCAMP BLUE SKIES$6KAssist ME$6KCLASSROOM CENTRAL$6K

Grant Size Distribution

209 grants across all recorded years

209<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
Helen RichiePresident5
Kelly CunninghamSecretary1
Elizabeth HankinsVice President5
Carrie PowersTreasurer1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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