First Citizens Charitable Foundation Inc

Foundation · Grantmaker Fairhaven, MA EIN: 82-3772741

First Citizens Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Fairhaven, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 1 grant totaling $117K.

Key facts about First Citizens Charitable Foundation Inc

EIN: 82-3772741
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $117,168
Grants made (2024): 1
Average grant: $117,168
Median grant: $117,168
Total assets: $2,436,896
Primary geography: Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How First Citizens Charitable Foundation Inc gives

Giving grew 56% from 2021 to 2024. Method
In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with First Citizens Charitable Foundation Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

-1.2% YoY

Annual Giving

$117K

-31.7% YoY

Grant Count

-98.4% YoY

Avg Grant Size

$117K

+4134.6% YoY

Under IRS private-foundation payout rules, First Citizens Charitable Foundation Inc reported a distributable amount of $118K for 2024 — the minimum it must pay out in qualifying distributions.

About First Citizens Charitable Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $117K (100%)

Share of all 1 itemized 2024 grant dollars.

States

Massachusetts North Carolina Rhode Island Vermont

Cities

New BedfordHyannisTauntonFall RiverDartmouthFalmouthHarwichAcushnetEast WarehamOrleansPlymouthRaynhamFraminghamNeedhamNorth DartmouthAmherstAuburndaleBostonFairhavenHanover

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,436,896	$2,466,121	$2,367,572
Revenue	$90,272	$269,902	$93,391
Expenses	$119,497	$172,954	$168,396
Qualifying Distributions	$119,497	$172,954	$168,396
Net Investment Income	—	—	—
Distributable Amount	$117,997	$119,461	$120,785

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

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

219 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Grants & Contributions Paid ($117,168).

Recipient	Purpose	Amount
Grants & Contributions Paid Fairhaven, MA	EXEMPT PURPOSE	$117,168

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Christopher Howard	President/Treasurer/Clerk/Char	1	—
GERALYN MARCINKO Ended 812024	Director	1	—
Patrick Neenan	Director	1	—
Dawn Camille	Director	1	—
Linda Cosme As of 812024	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is First Citizens Charitable Foundation Inc?

First Citizens Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Fairhaven, MA. It holds $2.4M in total assets as of 2024.

How large is First Citizens Charitable Foundation Inc?

As of 2024, First Citizens Charitable Foundation Inc holds $2.4M in total assets with $90K in annual revenue. It awarded 1 grant totaling $117K in 2024.

Where does First Citizens Charitable Foundation Inc operate?

First Citizens Charitable Foundation Inc has awarded grants in Massachusetts, North Carolina, Rhode Island, Vermont.

What size grants does First Citizens Charitable Foundation Inc award?

In 2024, First Citizens Charitable Foundation Inc awarded 1 grant totaling $117K — an average of about $117K per grant, based on its IRS Form 990 filings.

How much is First Citizens Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, First Citizens Charitable Foundation Inc reported a distributable amount of $118K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is First Citizens Charitable Foundation Inc's EIN?

First Citizens Charitable Foundation Inc's EIN (Employer Identification Number) is 82-3772741. IRS Form 990 filing data is available on this page for 2020–2024.