First Bancorp Inc Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like First Bancorp Inc Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 87-4174417

Foundation Overview

Based in Abingdon, VA, First Bancorp Inc Foundation has awarded 23 grants totaling $41,500 to organizations in Virginia. Individual grants range from $500 to $2,000, with a median award of $2,000.

Latest Tax Year
2023
Total Giving (all years)
$41,500
Total Assets
$625,392
Median Grant (all grants)
$2,000

Latest Form 990-PF Snapshot

Total Grants
5
Median Grant
$2,000
% No Significant Change
0% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

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

New Applicant Friendliness
Emerging Foundation: 80%

4 of 5 recipients (80%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.

Geographic Focus
Virginia

100% of all grants are concentrated in Virginia, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Virginia, funding concentrates in Lebanon (39%), Honaker (17%), Castlewood (17%).

Funding Trajectory
-5%

Stable funding levels with 5% change over 1 years indicate consistent grant-making capacity and predictable philanthropic resources. This stability suggests reliable ongoing funding opportunities.

Program Areas
Education + General Purposes

Dual focus on education (67%) and general purposes, indicating strategic concentration in complementary program areas.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into First Bancorp Inc Foundation'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
Riley Stevens $2,000 Honaker, VA, US Scholarship 2023
Abbygale Bradley $2,000 Castlewood, VA, US Scholarship 2023
Seth Buchanan $2,000 Lebanon, VA, US Scholarship 2023
Taylor Steele $2,000 Lebanon, VA, US Scholarship 2023
Ellen Sautters $2,000 Lebanon, VA, US Scholasrhip 2023
Riley Stevens $2,000 Honaker, VA, US Post-secondaryed. Scholarship 2022
Christian Musick $2,000 Rosedale, VA, US Post-secondaryed. Scholarship 2022
Madison Keys $2,000 Lebanon, VA, US Post-secondaryed. Scholarship 2022
Coleman Cook $2,000 Castlewood, VA, US Post-secondaryed. Scholarship 2022
Abigail Street $500 Glade Spring, VA, US Post-secondaryed. Scholarship 2022
Mally Jessee $2,000 Lebanon, VA, US Post-secondaryed. Scholarship 2022
Riley Stevens $2,000 Honaker, VA, US Post-secondaryed. Scholarship 2022
Christian Musick $2,000 Rosedale, VA, US Post-secondaryed. Scholarship 2022
Madison Keys $2,000 Lebanon, VA, US Post-secondaryed. Scholarship 2022
Coleman Cook $2,000 Castlewood, VA, US Post-secondaryed. Scholarship 2022
Abigail Street $500 Glade Spring, VA, US Post-secondaryed. Scholarship 2022
Mally Jessee $2,000 Lebanon, VA, US Post-secondaryed. Scholarship 2022
Riley Stevens $2,000 Honaker, VA, US Post-secondaryed. Scholarship 2022
Christian Musick $2,000 Rosedale, VA, US Post-secondaryed. Scholarship 2022
Madison Keys $2,000 Lebanon, VA, US Post-secondaryed. Scholarship 2022
Coleman Cook $2,000 Castlewood, VA, US Post-secondaryed. Scholarship 2022
Abigail Street $500 Glade Spring, VA, US Post-secondaryed. Scholarship 2022
Mally Jessee $2,000 Lebanon, VA, US Post-secondaryed. Scholarship 2022

Foundations Similar to First Bancorp Inc Foundation

Discover 5 foundations with comparable assets ($617,287-$634,931), similar grant patterns, and geographic focus in VA 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: 81-0916762 | 30 grants awarded
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EIN: 27-0400675 | 119 grants awarded
$617,287
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$1,500
median grant
Alexandria, VA
Same state
99%
Excellent match

EIN: 54-1922206 | 92 grants awarded
$634,662
(≈ Similar)
$2,000
median grant
Reston, VA
Same state
99%
Excellent match

EIN: 54-1141818 | 270 grants awarded
$634,931
(≈ Similar)
$1,000
median grant
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Same state
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Excellent match

Contact Information

Official contact details for First Bancorp Inc Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 87-4174417
Website http://www.firstbancorpfoundation.org
Address

Key People (9)

Board members, trustees, and key staff who oversee First Bancorp Inc Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Director William M Nelson
Director William H Hayter
Director David Leonard
Director Ronald Barrett
Director Sophia Chafin-vance

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 First Bancorp Inc Foundation 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 February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.