Citizens & Southern Natl BK - Ga Tech M B

Private foundation · Grantmaker Dallas, TX EIN: 58-6066481

Citizens & Southern Natl BK - Ga Tech M B is a private foundation, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 1 grant totaling $64K. Net investment income was $120K.

Citizens & Southern Natl BK - Ga Tech M B at a glance

In short: Citizens & Southern Natl BK - Ga Tech M B gave $64K across 1 grant in 2025 (avg $64K), mostly in Georgia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$64,314
+6.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$64,314
+6.0% vs 2024
Median grant
$64,314
Total assets
$1,236,875
+3.9% vs 2024
Primary geography
Georgia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Citizens & Southern Natl BK - Ga Tech M B funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Georgia Tech Foundation Inc: $64KGeorgia Tech Foundation Inc$64K

The largest 2025 recipient was Georgia Tech Foundation Inc ($64K).

Grant Size Distribution

5 grants across all recorded years

1<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Atlanta

How Citizens & Southern Natl BK - Ga Tech M B gives

  • Giving held roughly steady from 2022 to 2025 (−6%). Method
  • In 2025 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $45K (2023) to $68K (2022). In 2025 it made 1 grant totaling $64K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Georgia Tech Foundation Inc Atlanta, GAUnrestricted General$64,314
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,236,875$132,072$85,744$64,3141$71,218$119,677$71,903
2024$1,190,178$121,251$79,401$60,6671$67,196$108,356$67,605
2023$1,149,556$39,428$61,379$45,0231$50,924$25,292$61,798
2022$1,172,022$-27,378$91,097$68,1531$74,319$13,221$63,439
2021$1,290,455$270,311$80,272$59,9141$66,822$256,820$70,844
2020$1,099,108$97,670$77,376$60,0981—$87,593$60,786
2019$1,078,775$69,903$62,884$47,7911—$63,069$59,090

Under IRS private-foundation payout rules, Citizens & Southern Natl BK - Ga Tech M B reported a distributable amount of $72K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Citizens & Southern Natl BK - Ga Tech M B's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2021

    1 hr/week

    $16K (2021) → $16K (2025)

Former officers (1)
  • Former: Bank Of America N A (2019–2020) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $16KBank of AmericaTrustee$16K

The highest reported compensation on the 2025 filing was $16K, to Bank of America (Trustee).

Frequently asked questions about Citizens & Southern Natl BK - Ga Tech M B

How much does Citizens & Southern Natl BK - Ga Tech M B give each year?

Citizens & Southern Natl BK - Ga Tech M B gave $64K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $61K across 1 grant.

How large is Citizens & Southern Natl BK - Ga Tech M B?

Citizens & Southern Natl BK - Ga Tech M B reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $71K in qualifying distributions that year, against a required minimum of $72K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Citizens & Southern Natl BK - Ga Tech M B operate?

Citizens & Southern Natl BK - Ga Tech M B has awarded grants in Georgia.

What is Citizens & Southern Natl BK - Ga Tech M B's EIN?

Citizens & Southern Natl BK - Ga Tech M B's EIN (Employer Identification Number) is 58-6066481. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS April 2, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Citizens & Southern Natl BK - Ga Tech M B'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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