Funder DirectoryFIRST RUNG PARTNERS INC
Back to directory

Private foundation (trust)EIN 844692633Est. 2021-01

FIRST RUNG PARTNERS INC

BEAUFORT, NC 285161821

Accepts unsolicited proposals

Total Assets

$188K

FY 2024

Annual Giving

FY 2024

Grants Made

0

FY 2024

Avg Grant

FY 2024

Grant Range

Typical

Deadlines

Not applicable.

Applications

Programs & Activities

Program 1

Continued collaboration with carteret community college's small business center to improve criteria and requirements for eligible applicants

Program 2

Surveyed local community for types of businesses needed to fill gaps and interviewed aspiring entrepreneures, including 2023 loan applicants from prior year.

Program 3

Met with each loan recipient for financial and business operations review, coaching, and relevant education and professional services referrals.

Program 4

Conferred with other commercial and nonprofit lenders as well as economic development officials on industry best practices.

Focus Areas

Community Improvement & Capacity Building

Financial Snapshot

2024 filing

Total Revenue

$70K

Total Expenses

$14K

Qualifying Distributions

$84K

Distributable Amount

$21K

Min. Investment Return

$1K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Ready to work on a proposal for FIRST RUNG PARTNERS INC?

This funder accepts unsolicited proposals. Start a draft with them pre-selected.

Draft an application for FIRST RUNG PARTNERS INC
Funder alerts

Track FIRST RUNG PARTNERS INC

Get an email when Grantivo has new data for FIRST RUNG PARTNERS INC, such as a fresh IRS filing, updated financials, or newly reported grants. No account needed.

Free. Unsubscribe anytime. Or create an account to draft an application.

FIRST RUNG PARTNERS INC — Grants, Financials & Contact | Grantivo