Hale F Charitable Ta Co First Citizens Bank

RALEIGH, NC EIN: 56-6249401

Hale F Charitable Ta Co First Citizens Bank is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 7 grants totaling $79K. Net investment income was $76K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-0.2% YoY

Annual Giving

$79K

-3.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$11K

-3.2% YoY

Under IRS private-foundation payout rules, Hale F Charitable Ta Co First Citizens Bank reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.

About Hale F Charitable Ta Co First Citizens Bank

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $420K (100%)

States

North Carolina

Cities

Buies CreekMurfreesboroRaleighWake Forest

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,529,308	$1,531,716	$1,641,003
Revenue	$103,992	$-2,321	$87,202
Expenses	$106,726	$106,678	$125,412
Qualifying Distributions	$79,441	$82,077	$95,979
Net Investment Income	$76,177	$15,209	$60,771
Distributable Amount	$86,632	$79,443	$82,077

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

35 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Campbell University ($35,749), Meredith College ($11,916), William Peace University ($7,944).

Recipient	Purpose	Amount
CAMPBELL UNIVERSITY BUIES CREEK, NC	GENERAL SUPPORT	$35,749
WILLIAM PEACE UNIVERSITY RALEIGH, NC	GENERAL SUPPORT	$7,944
MEREDITH COLLEGE RALEIGH, NC	GENERAL SUPPORT	$11,916
CHOWAN UNIVERSITY MURFREESBORO, NC	GENERAL SUPPORT	$7,944
THE YMCA OF THE TRIANGLE AREAINC RALEIGH, NC	GENERAL SUPPORT	$3,972
ST MARY'S COLLEGE RALEIGH, NC	GENERAL SUPPORT	$7,944
SE BAPTIST THEOLOGICAL SEMINARY WAKE FOREST, NC	GENERAL SUPPORT	$3,972

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FIRST CITIZENS BANK	TRUSTEE	—	$25,689

Frequently Asked Questions

How large is Hale F Charitable Ta Co First Citizens Bank?

As of 2024, Hale F Charitable Ta Co First Citizens Bank holds $1.5M in total assets with $104K in annual revenue. It awarded 7 grants totaling $79K in 2024.

Where does Hale F Charitable Ta Co First Citizens Bank operate?

Hale F Charitable Ta Co First Citizens Bank has awarded grants in North Carolina.

What size grants does Hale F Charitable Ta Co First Citizens Bank award?

In 2024, Hale F Charitable Ta Co First Citizens Bank awarded 7 grants totaling $79K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Hale F Charitable Ta Co First Citizens Bank required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hale F Charitable Ta Co First Citizens Bank reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hale F Charitable Ta Co First Citizens Bank's EIN?

Hale F Charitable Ta Co First Citizens Bank's EIN (Employer Identification Number) is 56-6249401. IRS Form 990 filing data is available on this page for 2020–2024.