Citizens & Southern National Bank Fund for M

DALLAS, TX EIN: 58-6073580

Citizens & Southern National Bank Fund for M is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $828K in total assets. In 2024, it awarded 1 grants totaling $42K. Net investment income was $80K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$828K

+4.1% YoY

Annual Giving

$42K

+36.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$42K

+36.0% YoY

Under IRS private-foundation payout rules, Citizens & Southern National Bank Fund for M reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.

About Citizens & Southern National Bank Fund for M

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $201K (100%)

States

Georgia

Cities

Atlanta

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$827,849	$795,226	$810,841
Revenue	$89,423	$27,856	$-20,269
Expenses	$55,925	$43,135	$63,855
Qualifying Distributions	$46,628	$35,151	$51,477
Net Investment Income	$79,634	$17,336	$8,326
Distributable Amount	$46,980	$42,786	$43,926

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Morehouse College ($41,545).

Recipient	Purpose	Amount
MOREHOUSE COLLEGE ATLANTA, GA	UNRESTRICTED GENERAL	$41,545

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$11,456

Frequently Asked Questions

How large is Citizens & Southern National Bank Fund for M?

As of 2024, Citizens & Southern National Bank Fund for M holds $828K in total assets with $89K in annual revenue. It awarded 1 grants totaling $42K in 2024.

Where does Citizens & Southern National Bank Fund for M operate?

Citizens & Southern National Bank Fund for M has awarded grants in Georgia.

What size grants does Citizens & Southern National Bank Fund for M award?

In 2024, Citizens & Southern National Bank Fund for M awarded 1 grants totaling $42K — an average of about $42K per grant, based on its IRS Form 990 filings.

How much is Citizens & Southern National Bank Fund for M required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Citizens & Southern National Bank Fund for M reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Citizens & Southern National Bank Fund for M's EIN?

Citizens & Southern National Bank Fund for M's EIN (Employer Identification Number) is 58-6073580. IRS Form 990 filing data is available on this page for 2020–2024.