Private foundation (trust)EIN 566235902Est. 1985-10
SPIVEY SCHOLARSHIP TRUST FIRST CITIZENS BANK
RALEIGH, NC 27626
Accepts unsolicited proposalsTotal Assets
$770K
FY 2023
Annual Giving
$38K
FY 2023
Grants Made
4
FY 2023
Avg Grant
$9K
FY 2023
Grant Range
$6K–$18K
Typical
Deadlines
None graduates of gates county, north …
Applications
Programs & Activities
Program 1
All expenses detailed in part i were for specific functions necessary to administer the scholarship trust. Three student received scholarships. There were no conferences held or
Program 2
Research papers produced. The three trustees meet to decide on scholarship recipients. All income reported in part i is produced by the efforts and investment ability of the trust
Program 3
Department of first citizens bank and trust company. The income is from money market funds, us government securities & agencies, and stock mutual funds
Financial Snapshot
2023 filing
Total Revenue
$45K
Total Expenses
$46K
Qualifying Distributions
$38K
Distributable Amount
$37K
Min. Investment Return
$38K
Undistributed Income
$10K
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
4 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
5 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
18 grants
Grant Size Distribution
18 grants
Geographic Focus
1 states
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