Spivey Scholarship Trust First Citizens Bank | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Spivey Scholarship Trust First Citizens Bank. Data shown is extracted from Form 990-PF filings.

EIN: 56-6235902

Foundation Overview

Based in Raleigh, NC, Spivey Scholarship Trust First Citizens Bank has awarded 30 grants totaling $267,782 to organizations in North Carolina. Individual grants range from $2,314 to $27,303, with a median award of $6,947.5.

Latest Tax Year
2024
Total Giving (all years)
$267,782
Total Assets
$805,531
Median Grant (all grants)
$6,947.5

Latest Form 990-PF Snapshot

Total Grants
3
Median Grant
$12,751
% Median Grant Growth
+88% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: May 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Limited Sample: 0%

3 total grants. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.

Geographic Focus
North Carolina

100% of all grants are concentrated in North Carolina, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within North Carolina, funding concentrates in Cullowhee (20%), Raleigh (20%), Chapel Hill (20%).

Funding Trajectory
+77%

Strong 77% growth in annual giving over 5 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
Education

Highly focused on education with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Spivey Scholarship Trust First Citizens Bank's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Western Carolina Univ $5,932 Cullowhee, NC, US Education - College 2024
University Of North Carolina $12,751 Chapel Hill, NC, US Education - College 2024
East Carolina University $27,303 Greenville, NC, US Education - College 2024
Western Carolina Univ $5,932 Cullowhee, NC, US Education - College 2023
University Of North Carolina $7,008 Chapel Hill, NC, US Education - College 2023
East Carolina University $18,206 Greenville, NC, US Education - College 2023
University North Carolina At Wilmington $6,561 Wilmington, NC, US Education - College 2023
Western Carolina Univ $5,487 Cullowhee, NC, US Education - College 2022
Nc State University $9,792 Raleigh, NC, US Education - College 2022
University Of North Carolina $14,503 Chapel Hill, NC, US Education - College 2022
East Carolina University $8,198 Greenville, NC, US Education - College 2022
North Carolina Central University $2,314 Durham, NC, US Education - College 2022
Western Carolina Univ $5,487 Cullowhee, NC, US Education - College 2022
Nc State University $9,792 Raleigh, NC, US Education - College 2022
University Of North Carolina $14,503 Chapel Hill, NC, US Education - College 2022
East Carolina University $8,198 Greenville, NC, US Education - College 2022
North Carolina Central University $2,314 Durham, NC, US Education - College 2022
Western Carolina Univ $5,487 Cullowhee, NC, US Education - College 2021
Nc State University $9,792 Raleigh, NC, US Education - College 2021
University Of North Carolina $3,907 Chapel Hill, NC, US Education - College 2021
North Carolina Central University $2,314 Durham, NC, US Education - College 2021
Western Carolina Univ $5,487 Cullowhee, NC, US Education - College 2021
Nc State University $9,792 Raleigh, NC, US Education - College 2021
University Of North Carolina $3,907 Chapel Hill, NC, US Education - College 2021
North Carolina Central University $2,314 Durham, NC, US Education - College 2021
East Carolina University $17,517 Greenville, NC, US Education - College 2020
William Peace University $16,984 Raleigh, NC, US Education - College 2020
Nc State University $12,364 Raleigh, NC, US Education - College 2019
Elizabeth City State University $6,887 Elizabeth City, NC, US Education - College 2019
N C A & T University $6,749 Greensboro, NC, US Education - College 2019

Foundations Similar to Spivey Scholarship Trust First Citizens Bank

Discover 5 foundations with comparable assets ($785,703-$821,856), similar grant patterns, and geographic focus in NC that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 81-0821910 | 57 grants awarded
$813,476
(≈ Similar)
$5,000
median grant
Ocean Isle Beach, NC
Same state
100%
Excellent match

EIN: 81-4080931 | 29 grants awarded
$795,560
(≈ Similar)
$10,000
median grant
Chapel Hill, NC
Same state
99%
Excellent match

EIN: 81-4644069 | 11 grants awarded
$816,339
(≈ Similar)
$9,500
median grant
Denver, NC
Same state
99%
Excellent match

EIN: 81-4518224 | 13 grants awarded
$821,856
(≈ Similar)
$5,000
median grant
Charlotte, NC
Same state
99%
Excellent match

EIN: 56-1955862 | 26 grants awarded
$785,703
(≈ Similar)
$5,000
median grant
Pfafftown, NC
Same state
99%
Excellent match

Contact Information

Official contact details for Spivey Scholarship Trust First Citizens Bank as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 56-6235902
Website N/A
Address PO BOX 29522 Raleigh, NC 27626-0522

Key People (1)

Board members, trustees, and key staff who oversee Spivey Scholarship Trust First Citizens Bank's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Trustee First Citizens Bank

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Spivey Scholarship Trust First Citizens Bank is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated May 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.