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Filing year 2023

The First Bank Foundation

Cheraw, South Carolina·EIN 56-2068430·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$16k
Total assets
$600k
Total expenses
$28k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. The First Bank Foundation reported 3 unpaid officers and board members on its 990-PF.

Director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$27k

Itemized grants

35

Median grant

$500

RecipientLocationPurposeAmount
NORTHEASTERN TECHNICAL COLLEGECheraw, SCOperating Fund$3k
MCARN COMMUNITY MINISTRYCheraw, SCOperating Fund$2k
TOWN OF CHERAW JAZZ FESTCheraw, SCOperating Fund$2k
CHESTERFIELD CO ANIMAL SHELTERCheraw, SCOperating Fund$2k
PEE DEE AREA COALITION AGAINST DOMESTIC & SEXUAL-CCheraw, SCOperating Fund$1k
ST DAVID'S CEMETERY ASSOC INCCheraw, SCOperating Fund$1k
PATHFINDERS UNITEDCheraw, SCOperating Fund$1k
PEE DEE LAND TRUSTCheraw, SCOperating Fund$1k
GREATER FLORENCE HABITATCheraw, SCOperating Fund$1k
HOUSE OF HOPCheraw, SCOperating Fund$1k
ALL 4 AUTISMCheraw, SCOperating Fund$1k
HOSPICE OF CHESTERFIELD COUNTYCHERAW, SCOPERATING FUND$1k
PURPLE CRUSADERSCheraw, SCOperating Fund$1k
CHERAW RESCUE SQUADCheraw, SCOperating Fund$500
CHESTERFIELD FIRE DEPARTMENTCheraw, SCOperating Fund$500
UNITED WAY OF CHESTERFIELD COUNTYCheraw, SCOperating Fund$500
BROCKS MILL FIRE DEPARTMENTCheraw, SCOperating Fund$500
PATRICK FIRE DEPARTMENTCheraw, SCOperating Fund$500
CASH FIRE DEPARTMENTCheraw, SCOperating Fund$500
FLORENCE COUNTY DISABILITIES FOUNDATIONCheraw, SCOperating Fund$500
UNITED WAY OF FLORENCE COUNTYCheraw, SCOperating Fund$500
SNACCheraw, SCOperating Fund$500
LIGHTHOUSE MINISTRIESCheraw, SCOperating Fund$500
HELP 4 KIDSCheraw, SCOperating Fund$500
CARE HOUSE OF THE PEE DEECheraw, SCOperating Fund$500
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in South Carolina

The First Bank Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in South Carolina earns a median of $36,000.

25th percentile
$11k
Median
$36,000
75th percentile
$92k
90th percentile
$245k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 187 organizations across 187 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for South Carolina
FAQ

Common questions about The First Bank Foundation

What are The First Bank Foundation's revenue and expenses?

In 2023, The First Bank Foundation reported $16k in total revenue and $28k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.