First Citizens Foundation Inc

SMITHFIELD, NC EIN: 56-6044206

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$571K

-0.4% YoY

Annual Giving

$28K

-12.4% YoY

Grant Count

10

+11.1% YoY

Avg Grant Size

$3K

-21.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$13K$25K$38K$50K20202021202220232024
Metric202420232022
Total Assets$570,904$573,193$560,428
Revenue$27,358$45,845$21,366
Expenses$29,647$33,080$33,260
Qualifying Distributions$28,150$32,092$32,555
Net Investment Income$26,851$45,252$25,513
Distributable Amount$32,506$28,944$31,365

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$24K$32K9 grants202012 grants202112 grants20229 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AVA GARDNER MUSEUM$5KHOUSE OF HOPE$5KFRIENDS OF BENTONVILLE B…$3KBENSON AREA MEDICAL CENTER$3KEAST CAROLINA UNIVERSITY$3KJOHNSTON HEALTH FOUNDATION$3KJOHNSTON COUNTY YOUTH LI…$2KMEREDITH COLLEGE$2KNORTH CAROLINA STATE UNI…$2KUNC-CHAPEL HILL$2K

Grant Size Distribution

52 grants across all recorded years

52<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does First Citizens Foundation Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
FRANK B HOLDING JRPRESIDENT0.5
HOPE H BRYANTVICE PRESIDENT0.5
OLIVIA HOLDINGTREASURER0.5
JEFF CARVERASSISTANT SECRETARY/TREASU0.5
JUDITH A MURRAYSECRETARY0.5
CARSON H BRICEDIRECTOR0.5

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

BensonBooneBuies CreekChapel HillClaytonClintonDanvilleFayettevilleFour OaksGoldsboroGreenvilleHigh PointLynchburgMount Olive CollegeRaleighSmithfieldWilmingtonWilson

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

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