First Bank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CREVE COEUR, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 40 grants totaling $375K. Net investment income was $97K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-20.2% YoY
Annual Giving
$375K
+2396.7% YoY
Grant Count
40
+3900.0% YoY
Avg Grant Size
$9K
-37.6% YoY
Under IRS private-foundation payout rules, First Bank Foundation reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.
About First Bank Foundation
Based on IRS filings
First Bank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CREVE COEUR, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 40 grants totaling $375K. Net investment income was $97K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,134,454 | $1,422,222 | $1,415,776 |
| Revenue | $110,317 | $34,865 | $232,212 |
| Expenses | $398,085 | $28,419 | $43,274 |
| Qualifying Distributions | $374,500 | $15,000 | $30,000 |
| Net Investment Income | $97,314 | $27,012 | $20,569 |
| Distributable Amount | $65,213 | $68,369 | $59,347 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of Greater St Louis Inc ($35,000), Girls Incorporated of St Louis ($25,000), Sherwood Forest Camp Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Marion Middle School Saint Louis, MO | general operating & Girls Night Out conference | $20,000 |
| City Academy Saint Louis, MO | general operating budget | $15,000 |
| KIPP St Louis Saint Louis, MO | General operating budget | $20,000 |
| Youthbridge Community Foundation Saint Louis, MO | YEP STL sponsorship | $13,500 |
| Parentis Foundation Laguna Hills, CA | tutoring services for youth | $10,000 |
| Young Mens Christian Association of Metropolitan L Los Angeles, CA | support youth service programs | $10,000 |
| St Louis Shakespeare Festival Saint Louis, MO | general operating budget | $10,000 |
| Ready Readers Saint Louis, MO | support literacy programs for youth | $7,500 |
| Girls Incorporated of St Louis Saint Louis, MO | 2024 Entrepreneurship & business academy | $25,000 |
| St Louis Public Schools Foundation Saint Louis, MO | general operating foundation | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mikel Williamson | President | 0.1 | — |
| Joseph T Ambrose | Treasurer | 0.2 | — |
| Stacy D Clay | Secretary | 0.2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is First Bank Foundation?
First Bank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CREVE COEUR, MO. It holds $1.1M in total assets as of 2024.
How large is First Bank Foundation?
As of 2024, First Bank Foundation holds $1.1M in total assets with $110K in annual revenue. It awarded 40 grants totaling $375K in 2024.
Where does First Bank Foundation operate?
First Bank Foundation has awarded grants in California, Missouri.
What size grants does First Bank Foundation award?
In 2024, First Bank Foundation awarded 40 grants totaling $375K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is First Bank Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, First Bank Foundation reported a distributable amount of $65K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is First Bank Foundation's EIN?
First Bank Foundation's EIN (Employer Identification Number) is 83-2253071. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in First Bank Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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