Southern Bank Foundation
Accepts applications
Southern Bank Foundation is a private foundation in Mount Olive, North Carolina. In tax year 2024 it gave $1.2 million in 101 grants; the typical grant was $6,720 and the largest $125,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$1.2 million
- Number of grants101
- Typical grant$6,720
- Largest grant$125,000
- Assets$19.2 million
- New grantees45%
Giving in 2024 was up from $920,887 the year before.
45% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $920,887 | 98 | $17.6 million |
| 2024 | $1.2 million | 101 | $19.2 million |
How to apply
| Contact | Hope M Fields PO Box 729, Mount Olive, NC 28365 |
|---|---|
| Phone or email | (919) 658-7000 |
| What to submit | Southern Bank Foundation Request for Grant |
What Southern Bank Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to North Carolina.
| State | Grants | Amount |
|---|---|---|
| North Carolina | 81 | $964,494 |
| Virginia | 16 | $174,500 |
| Florida | 1 | $10,000 |
| Tennessee | 1 | $7,500 |
| New York | 1 | $4,500 |
| Michigan | 1 | $300 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| NC Aquarium Society Inc | Public Benefit | $125,000 |
| University of Mount Olive (003689) | Public Benefit | $107,500 |
| Outer Banks Hosptial Development Council | Public Benefit | $50,000 |
| Barton College (006943) | Public Benefit | $50,000 |
| Hospice House of Hampton Roads | Public Benefit | $25,000 |
| Pitt Community College Foundation I | Public Benefit | $25,000 |
| Wilmington Area Rebuilding Ministry Inc | Public Benefit | $25,000 |
| North Carolina Weslyan University | Public Benefit | $25,000 |
| Roanoke Chowan Community Health Center Inc | Public Benefit | $25,000 |
| Sylvan Heights Waterfowl Park and Eco Center Inc | Public Benefit | $25,000 |
| The Community Arts Council of Goldsboro NC Inc | Public Benefit | $25,000 |
| Bertie Educational Foundation | Public Benefit | $25,000 |
| Girl Scouts North Carolina Coastal Pines Inc | Public Benefit | $25,000 |
| Aapi of Hampton Roads | Public Benefit | $21,500 |
| Carolinas Gateway Partnership | Public Benefit | $20,000 |
| Chesapeake General Healthcare Foundation | Public Benefit | $20,000 |
| Pitt County Committee of 100 | Public Benefit | $20,000 |
| RW Towne Foundation | Public Benefit | $20,000 |
| Kramden Institute | Public Benefit | $19,000 |
| Virginia Museum of Contemporary Arts | Public Benefit | $15,000 |
| Boy Scouts of America-Occoneechee Council | Public Benefit | $13,874 |
| Wayne County Development Alliance Inc | Public Benefit | $12,000 |
| Junior Achievement of Eastern North Carolina | Public Benefit | $10,000 |
| YMCA of the Triangle Area | Public Benefit | $10,000 |
| Cale Community Foundation | Public Benefit | $10,000 |
| Wayne Health Foundation | Public Benefit | $10,000 |
| Beach Food Pantry Inc | Public Benefit | $10,000 |
| Frankie Lemmon Foundation Inc | Public Benefit | $10,000 |
| Hope Preparatory School | Public Benefit | $10,000 |
| Cape Henry Collegiate | Public Benefit | $10,000 |
| Habitat for Humanity of South Hampton Roads | Public Benefit | $10,000 |
| Habitat for Humanity of Goldsboro-Wayne | Public Benefit | $10,000 |
| Covenant Homes Inc | Public Benefit | $10,000 |
| Nash Health Care Foundation | Public Benefit | $10,000 |
| Go Global NC Council Inc | Public Benefit | $10,000 |
| Wayne Co Livestock Dev Assoc Found | Public Benefit | $10,000 |
| NC Center for Poultry Education | Public Benefit | $10,000 |
| Boys & Girls Clubs of Wayne County | Public Benefit | $10,000 |
| Choanoke Area Development Associati | Public Benefit | $10,000 |
| Boy Scouts of America - Tidewater Council | Public Benefit | $10,000 |
Officers and trustees
- Hope H Bryant
- John C Pegram Jr
- Julian R Aycock
- William H Bryan
- David L Sauls Jr
- Drew M Covert
- Hope M Fields
- John H Gray
- Lisa R Sanderson
- Stacey D Herring
- Samuel A Clark
Questions people ask
Does Southern Bank Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Southern Bank Foundation give?
$1.2 million in tax year 2024, across 101 grants, with a typical grant of $6,720.
Who runs Southern Bank Foundation?
Its 2024 filing lists Hope H Bryant (Director), John C Pegram Jr (Director), Julian R Aycock (Director) and William H Bryan (Director) among 11 officers and trustees.
What does Southern Bank Foundation fund?
Based on its grants, mainly education, health and youth programs.