Funder DirectoryFIRST BANCORP INC FOUNDATION
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Private foundation (trust)EIN 874174417Est. 2023-09

FIRST BANCORP INC FOUNDATION

ABINGDON, VA 24210

Total Assets

$625K

FY 2023

Annual Giving

$10K

FY 2023

Grants Made

5

FY 2023

Avg Grant

$2K

FY 2023

Grant Range

$2K–$2K

Typical

Deadlines

Applications

Focus Areas

Education

Financial Snapshot

2023 filing

Total Revenue

$66K

Total Expenses

$16K

Qualifying Distributions

$10K

Distributable Amount

$26K

Min. Investment Return

$27K

Undistributed Income

$6K

Payout rate 38%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.38%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

2 years

Giving over time from 2022 to 2023. Peak $11K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

11 grants

RILEY STEVENS
$4K
2 grants
ABBYGALE BRADLEY
$2K
1 grant
SETH BUCHANAN
$2K
1 grant
TAYLOR STEELE
$2K
1 grant
ELLEN SAUTTERS
$2K
1 grant
Christian Musick
$2K
1 grant
Madison Keys
$2K
1 grant
Coleman Cook
$2K
1 grant

Grant Size Distribution

11 grants

<$10K
11
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Virginia
$21K
100% of total

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FIRST BANCORP INC FOUNDATION — Grants, Financials & Contact | Grantivo