Charlotte Woman's Club First Citizens Bank
Charlotte Woman's Club First Citizens Bank is a private foundation based in Raleigh, North Carolina. Its 2025 filing reports 39 grants totaling $134,900, with most grant dollars going to recipients in North Carolina.
Charlotte Woman's Club First Citizens Bank at a glance
In short: Charlotte Woman's Club First Citizens Bank gave $135K across 39 grants in 2025 (avg $3K), mostly in North Carolina. 31% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $134,900
- +25.7% vs 2024
- Grants made (2025)
- 39
- -4.9% vs 2024
- Average grant
- $3,459
- +32.1% vs 2024
- Median grant
- $1,850
- Total assets
- $2,188,078
- -0.8% vs 2024
- New grantees (estimate)
- 31% first-time grantees (12 of 39, 2025)
- Primary geography
- North Carolina (86% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Charlotte Woman's Club First Citizens Bank
- How to Apply
-
The foundation states that it does not restrict giving to preselected organizations. An application should include the agency’s name and TIN; contact name and organizational contact details; amount requested and purpose; current budget; 501(c)(3) letter; board members; and a recent audit. Grants are limited to no more than $20,000 per organization.
- Review Cycle
- Applications are due by December 31.
- Deadline
- Applications are due by December 31.
- Contact
Application contact: Hope Hockaday
Mailing address: 9431 Glenwater Dr, Charlotte, NC 28262
Phone: (704) 401-4364
Website: https://www.charlottewomansclub.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Charlotte Woman's Club First Citizens Bank funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Reach Out and Read ($11K). Together the top 10 received $80K.
Grant Size Distribution
209 grants across all recorded years
The most common grant size was under $50K: 209 grants of 209 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 86% of grant dollars went to recipients in North Carolina, 8% to Ohio, and 5% to South Carolina. The filing also reports 0% for North Dakota and Arkansas.
Grant Distribution by State
Share of 2025 grant dollars across all 39 itemized grants.
States
Cities
Is Charlotte Woman's Club First Citizens Bank open to new grantees?
31%
first-time grantees, 2025
In 2025, 12 of 39 grantees (31%) were first-time recipients. First grants averaged $3K; repeat grants $4K. How we count
Medians: $575 first-time, $5K repeat.
- 67% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $99K (2021) to $135K (2025). In 2025 it made 39 grants totaling $135K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Reach Out and Read Columbus, OH | General Purposes | $10,600 |
| Augustine Literacy Project Charlotte, NC | General Purposes | $10,500 |
| Uptown Farmers Market Charlotte, NC | General Purpose | $10,000 |
| Theatre Charlotte Charlotte, NC | General Purpose | $8,450 |
| The Relatives Charlotte, NC | General Purposes | $8,000 |
| Heart Math Tutoring Charlotte, NC | General Purposes | $7,500 |
| Thompson Child & Family Focus Matthews, NC | General Purpose | $7,500 |
| Camp Blue Skies Charlotte, NC | General Purposes | $5,850 |
| Assist ME Lancaster, SC | General Purposes | $5,700 |
| Classroom Central Charlotte, NC | General Purposes | $5,600 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,188,078 | $148,361 | $164,146 | $134,900 | 39 | $145,600 | $126,215 | $129,891 |
| 2024 | $2,204,920 | $111,826 | $134,639 | $107,339 | 41 | $118,877 | $91,501 | $119,018 |
| 2023 | $2,224,648 | $-391 | $137,869 | $108,590 | 35 | $118,678 | $32,269 | $112,999 |
| 2022 | $2,372,589 | $258,362 | $155,015 | $122,649 | 50 | $132,484 | $237,143 | $133,798 |
| 2021 | $2,268,852 | $223,747 | $119,785 | $98,844 | 44 | — | $201,720 | $125,514 |
Under IRS private-foundation payout rules, Charlotte Woman's Club First Citizens Bank reported a distributable amount of $130K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include support for organizations whose stated missions address literacy, education, food access, youth and family services, and homelessness. For example, Uptown Farmers Market describes its work as supporting local farmers, promoting healthy eating, and addressing food insecurity; Heart Math Tutoring works with schools to help elementary students build math skills; and Hope Vibes provides assistance to people experiencing economic hardship or homelessness.
Grantmaking
In 2025, the foundation reported 39 grants totaling $134,900. Grants ranged from $150 to $10,600, with a median grant of $1,850. Among the largest awards were $10,600 to Reach Out and Read for general purposes; $10,500 to Augustine Literacy Project; $10,000 to Uptown Farmers Market; $8,450 to Theatre Charlotte; and $8,000 to The Relatives. Other notable grants included $7,500 each to Heart Math Tutoring and Thompson Child & Family Focus, and $5,850 to Camp Blue Skies. The listed purposes were generally described as “general purposes” or “general purpose.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Helen Richie as President, Elizabeth Hankins as Vice President, Kelly Cunningham as Secretary, and Carrie Powers as Treasurer.
Charlotte Woman's Club First Citizens Bank is led by Helen Richie, President on the 2025 filing; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Helen Richie
President
New on the 2025 filing
5 hrs/week
No compensation reported
Carrie Powers
Treasurer
Co Treasurer → Treasurer, 2024
On filings since 2023
1 hr/week
No compensation reported
Elizabeth Hankins
Vice President
Co Vice President → Vice President, 2025
On filings since 2023
5 hrs/week
No compensation reported
Kelly Cunningham
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (5)
- Former: Liz Garofalo (2021–2024) — Secretary
- Former: Robin McLaurin (2021–2024) — Vice President
- Former: Susan Harris (2022–2024) — President
- Former: Gay Warren (2021–2023) — Treasurer
- Former: Susie Harris (2021) — President
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Charlotte Woman's Club First Citizens Bank
How much does Charlotte Woman's Club First Citizens Bank give each year?
Charlotte Woman's Club First Citizens Bank gave $135K across 39 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $107K across 41 grants.
What is Charlotte Woman's Club First Citizens Bank's typical grant size?
Charlotte Woman's Club First Citizens Bank's median grant in 2025 was $1,850, and its average grant was $3,459, across 39 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Charlotte Woman's Club First Citizens Bank that year got $3K on average.
Where does Charlotte Woman's Club First Citizens Bank give grants?
Charlotte Woman's Club First Citizens Bank gives mostly in North Carolina: 86% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Ohio (8%). The most frequent recipient cities were Charlotte, NC (23 grants), Matthews, NC (2 grants) and Raleigh, NC (2 grants).
Does Charlotte Woman's Club First Citizens Bank give general operating support?
Yes: 100% of Charlotte Woman's Club First Citizens Bank's 2025 grants with a stated purpose (39 of 39) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Charlotte Woman's Club First Citizens Bank's largest grantees?
Charlotte Woman's Club First Citizens Bank's largest 2025 grantees include Reach Out and Read ($10,600), Augustine Literacy Project ($10,500) and Uptown Farmers Market ($10,000), according to its 2025 IRS Form 990-PF. Together they received 23% of its itemized 2025 grant dollars.
How large is Charlotte Woman's Club First Citizens Bank?
Charlotte Woman's Club First Citizens Bank reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $146K in qualifying distributions that year, against a required minimum of $130K (roughly 5% of its investment assets).
What does Charlotte Woman's Club First Citizens Bank fund?
No mission statement for the foundation is provided. Its 2025 grants include support for organizations whose stated missions address literacy, education, food access, youth and family services, and homelessness. See mission & focus areas ↑
How do I apply for a grant from Charlotte Woman's Club First Citizens Bank?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Charlotte Woman's Club First Citizens Bank's EIN?
Charlotte Woman's Club First Citizens Bank's EIN (Employer Identification Number) is 56-0485701. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). Charlotte Woman's Club First Citizens Bank funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/charlotte-woman-s-club-first-citizens-bank-morg_e3968901ae854a7a891fdf728ad4181b
BibTeX
@misc{grantable_560485701_2026,
author = {{Grantable}},
title = {{Charlotte Woman's Club First Citizens Bank funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/charlotte-woman-s-club-first-citizens-bank-morg_e3968901ae854a7a891fdf728ad4181b},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Charlotte Woman's Club First Citizens Bank's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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