FirstBank Charitable Foundation Inc
FirstBank Charitable Foundation Inc is a private foundation based in Wilmington, Delaware. It made 126 grants totaling $299,781 in 2025, supporting organizations working in areas including health, human services, education, and arts and culture.
FirstBank Charitable Foundation Inc at a glance
In short: FirstBank Charitable Foundation Inc gave $300K across 126 grants in 2025 (avg $2K), top state New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $299,781
- +89.5% vs 2024
- Grants made (2025)
- 126
- +186.4% vs 2024
- Average grant
- $2,379
- -33.8% vs 2024
- Median grant
- $1,500
- Total assets
- $693,890
- -30.0% vs 2024
- Primary geography
- New Jersey (48% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to FirstBank Charitable Foundation Inc
- How to Apply
-
The foundation states that it does not restrict giving to preselected organizations. The filing directs applicants to contact Foundation Source and use an online form and materials. Award restrictions are referenced in the foundation’s application information. Grant request decisions are made at quarterly board meetings; the filing’s statement about the submission cutoff is incomplete.
- Contact
Application contact: Foundation Source
Mailing address: 55 Walls Dr 3Rd Floor, Fairfield, CT 06824
Phone: (203) 292-4264
Email: mbrunone@foundationsource.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who FirstBank Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Curing Kids Cancer Inc ($10K). Together the top 10 received $75K.
Grant Size Distribution
215 grants across all recorded years
The most common grant size was under $50K: 215 grants of 215 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 48% of grant dollars went to recipients in New Jersey and 40% to recipients in Pennsylvania. Smaller shares went to Florida (4%), Texas (3%), and Maryland (2%).
Grant Distribution by State
Share of 2025 grant dollars across all 126 itemized grants.
States
Cities
How FirstBank Charitable Foundation Inc gives
- 22% of 2025 grantees were also funded in 2024. Method
- Giving grew 400% from 2022 to 2025. Method
- In 2025 it paid out 656% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $60K (2022) to $300K (2025). In 2025 it made 126 grants totaling $300K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Curing Kids Cancer Inc Irving, TX | General & Unrestricted | $10,000 |
| Hamilton Young Mens Christian Association Hamilton, NJ | General & Unrestricted | $10,000 |
| Rescue Mission of Trenton Trenton, NJ | Charitable Event | $10,000 |
| Maternal and Child Health Consortium of Chester CO West Chester, PA | The Family Center Program supports pregnant individuals and families with children under five in Chester and Montgomery Counties, PA through home visiting, health education, developmental screenings, and school readiness services | $8,000 |
| Abington Friends School Jenkintown, PA | General & Unrestricted | $7,500 |
| The American Graffiti Museum Inc Trenton, NJ | General & Unrestricted | $7,500 |
| Pennsylvania Home of the Sparrow Exton, PA | General & Unrestricted | $6,500 |
| Chester County Historical Society West Chester, PA | General & Unrestricted | $5,531 |
| Archdiocese of Newark Newark, NJ | Mercy House- General support | $5,000 |
| Boys & Girls Clubs of Mercer County Inc Trenton, NJ | General & Unrestricted | $5,000 |
Ready to take the next step with FirstBank Charitable Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $693,890 | $50,184 | $347,312 | $299,781 | 126 | $347,297 | $99,442 | $52,942 |
| 2024 | $991,018 | $20,920 | $186,111 | $158,200 | 44 | $184,940 | $20,920 | $60,977 |
| 2023 | $1,141,491 | $25,541 | $85,525 | $60,500 | 16 | $85,525 | $3,783 | $57,081 |
| 2022 | $741,484 | $71,747 | $80,532 | $60,000 | 15 | $80,532 | — | $64,830 |
| 2021 | $734,404 | $66,105 | $80,659 | $68,500 | 14 | — | $14,429 | $67,419 |
| 2020 | $748,958 | $7,500 | $111,046 | $100,000 | 15 | — | — | $67,445 |
| 2019 | $757,504 | $66,700 | $107,878 | $105,000 | 14 | — | $63,380 | $97,859 |
Under IRS private-foundation payout rules, FirstBank Charitable Foundation Inc reported a distributable amount of $53K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s 2023 filing describes a direct charitable activity called the “Better Giving for Greater Impact Summit,” bringing together stakeholders committed to making a difference in their communities.
Its 2025 grants included support for organizations whose missions span different fields. For example, Curing Kids Cancer Inc says it funds development of childhood cancer treatments; Pennsylvania Home of the Sparrow says it partners with women facing homelessness; and The American Graffiti Museum says it promotes the study and appreciation of graffiti and street art. Other grantees include schools, historical and cultural organizations, and community service providers.
Grantmaking
In 2025, the foundation reported 126 grants totaling $299,781. Grants ranged from $100 to $10,000, with a median of $1,500. Among the largest were $10,000 each to Curing Kids Cancer Inc, Hamilton Young Mens Christian Association, and Rescue Mission of Trenton; $8,000 to Maternal and Child Health Consortium of Chester Co; and $7,500 each to Abington Friends School and The American Graffiti Museum Inc.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists these officers and directors: Joseph Calabro, director; Chris Ewing, director and vice president; Michael Giacobello, director; Darleen Gillespie, director; Andrew L Hibshman, treasurer and director; John Lyons, secretary and director; Sarah Pearson, director; Patrick L Ryan, president and director; John Shepardson, director and vice president; and Michael Smith, vice president and director.
FirstBank Charitable Foundation Inc is led by Patrick L Ryan, President & Director since 2024 (on filings since 2023); none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Patrick L Ryan
President & Director
President → President & Director, 2024
On filings since 2023
1 hr/week
No compensation reported
John Lyons
Secretary & Director
Secretary → Secretary & Director, 2024
On filings since 2021
1 hr/week
No compensation reported
Karen Walter
Director
On filings since 2022
15 hrs/week
No compensation reported
Andrew L Hibshman
Treasurer & Director
Treasurer → Treasurer & Director, 2024
On filings since 2023
1 hr/week
No compensation reported
Darleen Gillespie
Director
On filings since 2023
1 hr/week
No compensation reported
Joseph Calabro
Director
On filings since 2023
1 hr/week
No compensation reported
Michael Giacobello
Director
On filings since 2023
1 hr/week
No compensation reported
Michael Smith
Vice President & Director
Vice President → Vice President & Director, 2024
On filings since 2023
1 hr/week
No compensation reported
John Shepardson
Director & Vice President
On filings since 2024
1 hr/week
No compensation reported
Chris Ewing
Director & Vice President
New on the 2025 filing
1 hr/week
No compensation reported
Sarah Pearson
Director
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (4)
- Former: Anthony Weagley (2019–2022) — President & CEO
- Former: Joseph Gangemi (2019–2022) — Treasurer
- Former: Patricia McLennan (2019–2021) — Director
- Former: Therese Woodman (2019–2021) — Chair
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.
Frequently asked questions about FirstBank Charitable Foundation Inc
How much does FirstBank Charitable Foundation Inc give each year?
FirstBank Charitable Foundation Inc gave $300K across 126 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $158K across 44 grants.
What is FirstBank Charitable Foundation Inc's typical grant size?
FirstBank Charitable Foundation Inc's median grant in 2025 was $1,500, and its average grant was $2,379, across 126 grants on its 2025 IRS Form 990-PF.
Where does FirstBank Charitable Foundation Inc give grants?
FirstBank Charitable Foundation Inc's top state is New Jersey, with 48% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest state was Pennsylvania (40%). The most frequent recipient cities were Trenton, NJ (17 grants), West Chester, PA (9 grants), Princeton, NJ (5 grants) and Hamilton, NJ (4 grants).
Does FirstBank Charitable Foundation Inc give general operating support?
Yes: 49% of FirstBank Charitable Foundation Inc's 2025 grants with a stated purpose (62 of 126) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Charitable Event" (50 grants).
Who are FirstBank Charitable Foundation Inc's largest grantees?
FirstBank Charitable Foundation Inc's largest 2025 grantees include Curing Kids Cancer Inc ($10,000), Hamilton Young Mens Christian Association ($10,000) and Rescue Mission of Trenton ($10,000), according to its 2025 IRS Form 990-PF. Together they received 10% of its itemized 2025 grant dollars.
How large is FirstBank Charitable Foundation Inc?
FirstBank Charitable Foundation Inc reported $694K in total assets on its 2025 IRS Form 990-PF. It paid out $347K in qualifying distributions that year, against a required minimum of $53K (roughly 5% of its investment assets).
What does FirstBank Charitable Foundation Inc fund?
The foundation’s 2023 filing describes a direct charitable activity called the “Better Giving for Greater Impact Summit,” bringing together stakeholders committed to making a difference in their communities. See mission & focus areas ↑
How do I apply for a grant from FirstBank Charitable Foundation Inc?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is FirstBank Charitable Foundation Inc's EIN?
FirstBank Charitable Foundation Inc's EIN (Employer Identification Number) is 38-3783482. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 5, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 2, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS January 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 21, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 13, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in FirstBank Charitable Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Pseg Foundation Inc
Newark, NJ
PSEG Foundation supports environmental sustainability, education and STEM, community well-being, disaster recovery, equity, and economic mobility, primarily through program grants to nonprofits. Its 2024 grants ranged from $80,000 to $1 million, with a median of $250,000; funding is concentrated in New Jersey, and Neighborhood Partners applicants must operate in PSEG’s service or operating territory. The foundation says it funds only preselected organizations and does not accept unsolicited requests.
Assets
$29.6M
Grants
20
Total Given
$6.1M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Investors Foundation Inc
Summit, NJ
Investors Foundation Inc funds community organizations working in arts, education, health and human services, youth, and affordable housing, primarily in New Jersey, New York City’s five boroughs, and Long Island. Its 2025 grants ranged from $500 to $60,000, with a median of $2,500. It accepts unsolicited requests through its online application, with deadlines of February 1, May 1, August 1, and November 1.
Assets
$13.4M
Grants
135
Total Given
$986K
Citizens Philanthropic Foundation Inc
Short Hills, NJ
The foundation funds nonprofits addressing hunger, financial empowerment, and economic and workforce development, with most giving in New York and New Jersey. In 2024, grants ranged from $500 to $500,000, with a median of $3,750. It accepts preliminary applications through its online process.
Assets
$18.7M
Grants
127
Total Given
$3.1M
Chester County Community Foundation Inc
West Chester, PA
The Chester County Community Foundation funds nonprofits in arts and culture, health, education, and human services, primarily in Chester County but also elsewhere in the U.S. Its 2025 grants had a median of $12,879, though amounts varied widely; capacity-building proposals are accepted through 2026, while general operating applications are closed until January 2027.
Assets
$136.2M
Grants
170
Total Given
$5.2M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
More similar funders
More Funders in Delaware
Cite this profile
Grantable. (2026). FirstBank Charitable Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/firstbank-charitable-foundation-inc-morg_f386d602e71846718f074420db5cb3e7
BibTeX
@misc{grantable_383783482_2026,
author = {{Grantable}},
title = {{FirstBank Charitable Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/firstbank-charitable-foundation-inc-morg_f386d602e71846718f074420db5cb3e7},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from FirstBank Charitable Foundation Inc'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.
FirstBank Charitable Foundation Inc down — hundreds of funders to go?