Citizens & Southern Natl Bk - Ga Tech M B

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 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $61K. Net investment income was $108K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+3.5% YoY

Annual Giving

$61K

+34.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$61K

+34.7% YoY

Under IRS private-foundation payout rules, Citizens & Southern Natl Bk - Ga Tech M B reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.

About Citizens & Southern Natl Bk - Ga Tech M B

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $294K (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	$1,190,178	$1,149,556	$1,172,022
Revenue	$121,251	$39,428	$-27,378
Expenses	$79,401	$61,379	$91,097
Qualifying Distributions	$67,196	$50,924	$74,319
Net Investment Income	$108,356	$25,292	$13,221
Distributable Amount	$67,605	$61,798	$63,439

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 Georgia Tech Foundation Inc ($60,667).

Recipient	Purpose	Amount
GEORGIA TECH FOUNDATION INC ATLANTA, GA	UNRESTRICTED GENERAL	$60,667

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	$15,072

Frequently Asked Questions

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

As of 2024, Citizens & Southern Natl Bk - Ga Tech M B holds $1.2M in total assets with $121K in annual revenue. It awarded 1 grants totaling $61K in 2024.

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 size grants does Citizens & Southern Natl Bk - Ga Tech M B award?

In 2024, Citizens & Southern Natl Bk - Ga Tech M B awarded 1 grants totaling $61K — an average of about $61K per grant, based on its IRS Form 990 filings.

How much is Citizens & Southern Natl Bk - Ga Tech M B required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Citizens & Southern Natl Bk - Ga Tech M B reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.