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Southern Bank Foundation at a glance

· Private foundation

Southern Bank Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$1.2M
Granted FY2024still arriving
101
Grants FY2024still arriving
6
States reached
$125k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0199% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Education$1.3MHealth$609kCommunity Improvement$555kHuman Services$386kAnimals$339kArts & Culture$292kHousing & Shelter$207kYouth Development$203kOther$0
02FY2024 · 101 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k58 grants · $232k
  • $10k–50k39 grants · $596k
  • $50k–250k4 grants · $333k
$6,720
Median grant
6
States reached
$16M
Total assets
Largest grants
RecipientAmount
NC AQUARIUM SOCIETY INC$125,000
UNIVERSITY OF MOUNT OLIVE (003689)$107,500
OUTER BANKS HOSPTIAL DEVELOPMENT COUNCIL$50,000
BARTON COLLEGE (006943)$50,000
SYLVAN HEIGHTS WATERFOWL PARK AND ECO CENTER INC$25,000
BERTIE EDUCATIONAL FOUNDATION$25,000
THE COMMUNITY ARTS COUNCIL OF GOLDSBORO NC INC$25,000
NORTH CAROLINA WESLYAN UNIVERSITY$25,000
GIRL SCOUTS NORTH CAROLINA COASTAL PINES INC$25,000
PITT COMMUNITY COLLEGE FOUNDATION I$25,000
HOSPICE HOUSE OF HAMPTON ROADS$25,000
ROANOKE CHOWAN COMMUNITY HEALTH CENTER INC$25,000
WILMINGTON AREA REBUILDING MINISTRY INC$25,000
AAPI OF HAMPTON ROADS$21,500
CAROLINAS GATEWAY PARTNERSHIP$20,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–24, $247k) land where the poverty rate runs at 11%, against an area that typically sits at 10%. 47% of those dollars go to grantees based in above-average-need neighborhoods. Its grants spread fairly evenly across need levels.

area typical 10%KRAMDEN INSTITUTE: $19k → 11%ALBEMARLE DEVELOPMENT CORPORATION: $2k → 13%DAKOTA CHILDREN'S ADVOCACY CENTER: $10k → 10%COMFORT ZONE CAMP: $1k → 9%HOSPICE HOUSE OF HAMPTON ROADS: $25k → 10%KRAMDEN INSTITUTE: $19k → 11%THE SOUTHEASTERN PARTNERSHIP II INC: $5k → 19%HOSPICE HOUSE OF HAMPTON ROADS: $25k → 10%KRAMDEN INSTITUTE: $19k → 11%HOSPICE HOUSE OF HAMPTON ROADS: $25k → 10%KRAMDEN INSTITUTE: $9k → 11%THE SOUTHEASTERN PARTNERSHIP II INC: $5k → 19%KRAMDEN INSTITUTE: $9k → 11%YMCA OF SOUTH HAMPTON ROADS: $3k → 9%CHILDREN & YOUTH PARTNERSHIP FOR DARE CO: $3k → 8%KRIQUETTE'S KIDZ: $3k → 18%THE OUTER BANKS RELIEF FOUNDATION: $5k → 8%KRIQUETTE'S KIDZ: $1k → 18%KRIQUETTE'S KIDZ: $1k → 18%SURF PEDIATRIC FOUNDATION: $5k → 8%ALL THE KING'S CHILDREN FOUNDATION: $1k → 20%ALL THE KING'S CHILDREN FOUNDATION: $1k → 20%ALL THE KING'S CHILDREN FOUNDATION: $1k → 20%PEACEMAKERS OF ROCKY MOUNT INC: $10k → 15%PEACEMAKERS OF ROCKY MOUNT INC: $5k → 15%A TOUCH OF THE FATHERS LOVE INC: $5k → 15%YMCA OF THE TRIANGLE AREA: $10k → 8%SOUTHEASTERN CANCER CARE: $1k → 18%YMCA OF THE TRIANGLE AREA: $10k → 8%YMCA OF THE TRIANGLE AREA: $10k → 8%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

ND
IL
MI
NY
OH
VA
TN
NC
AL
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

75%of every dollar goes to organizations it has funded before.
$3.3M · 119 repeat orgs$1.1M to everyone else

119 repeat relationships: 65 still active in FY2024, 54 since wound down; 34 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

119
83

Total granted

$3.3M
$691k

Median revenue growth · since first grant

+26%
+28%

Still filing today

67%
47%

New vs renewed · share of each year

In FY2024, 64% of grant dollars renewed an existing relationship; $414k went to new ones.

50%100%’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23’24
EducationHuman ServicesHealthArts & CultureCommunity ImprovementHousing & ShelterOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • CO
    City of Refuge Foundation Inc
    2× · 2022–2023 · $100k · revenue +406%
  • FW
    FREE WILL BAPTIST CHILDREN'S HOME INC
    5× · 2020–2024 · $85k · revenue +35%
  • KRAMDEN INSTITUTE INC
    5× · 2020–2024 · $75k · revenue +53%

Funded once

  • UO
    UNIVERSITY OF MOUNT OLIVE COLLEGE
    one grant, 2020 · $200k
  • CO
    COLLEGE OF THE ALBEMARLE
    one grant, 2021 · $35k
  • SH
    SYLVAN HEIGHTS WATERFOWL PARK AND E
    one grant, 2023 · $25k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Research Triangle Regional Partnership

The research triangle regional partnership is an association of area economic development agencies dedicated to keeping the research triangle region economically strong by collectively marketing the region's competitive advantages and…

—
2
The Carolina Trust
Philanthropy
3
Economic Development Partnership of North Carolina Inc

Our mission is to improve the economic well-being and quality of life for all north carolinians. we do this by collaborating with state, regional, local, and private-sector partners in new business recruitment, existing employer support,…

Community Improvement
4
Rowan Economic Development Council

Promoting economic and industrial development in rowan county, north carolina

—
5
North Carolina Institute for Constitutional Law
Crime & Legal
6
East Carolina Health

To improve the health and well-being of eastern north carolina.

Health
7
Yadkin Valley Chamber of Commerce

The Yadkin Valley Chamber of Commerce is an organization that promotes a positive business environment, community betterment and supports economic development

—
8
North Carolina Council On Economic Education Inc

The nccee provides economic and financial education for educators and students throughout north carolina. this mission is accomplished through standards based workshops and a variety of resources for educators, academic competitions for…

Social Science
9
Carolinas Center for Medical Excellence Found ation
Health
10
The Outer Banks Hospital Inc

To enhance the quality of life for the residents and visitors of dare county and the surrounding region by promoting wellness and providing the highest quality healthcare services.

Health
11
University Health Systems of Eastern Carolina Inc

To improve the health and well-being of eastern north carolina.

Health
12
North Carolina Community Health Center Assoc Inc

To promote community based primary health care systems in medically underserved areas.

Health
How this is measured
The grantee most central to the portfolio’s shape is The Community Foundation of Nc East Inc; the most unlike its peers is The Paramount Theatre Foundation the Paramount Theatre Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

142 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 142 of the 238 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

3
Load-bearing (≥25% of a budget)
38
Early backer (in before they grew)
141/142
Grantees still filing
101/142
Grew since first funded

Where the money sits, by cause and then by grantee

NC AQUARIUM SOCIETY INC: $255,000 · OtherNC AQUARIUM SOCIETY INCUNIVERSITY OF MOUNT OLIVE COLLEGE: $200,000 · OtherUNIVERSITY OF MOUNT OLIVE COLLEGEUNIVERSITY OF MOUNT OLIVE (003689): $114,000 · OtherOUTER BANKS HOSPTIAL DEVELOPMENT COUNCIL: $100,000 · OtherOUTER BANKS HOSPITAL DEVELOPMENT COUNCIL: $100,000 · Other+123 more: $1,889,261 · Other+123 moreCity of Refuge Foundation Inc: $100,000 · EducationCity of Refuge …CHOWAN UNIVERSITY: $80,000 · EducationCHOWAN UNIVERSI…CAMPBELL UNIVERSITY: $60,000 · EducationCAMPBELL UNIVER…THE ROSE & WOMBLE FOUNDATION INC: $56,800 · EducationTHE ROSE & WOMB…FRANKIE LEMMON FOUNDATION INC: $45,000 · EducationFRANKIE LEMMON …CAPE HENRY COLLEGIATE SCHOOL INC: $40,000 · EducationCAPE HENRY COLL…NORTH CAROLINA WESLEYAN UNIVERSITY INC: $25,000 · EducationCoastal Christian High School Inc: $25,000 · EducationBertie Educational Foundation Inc: $25,000 · Education+14 more: $137,620 · Education+14 moreTHE CAROLINAS GATEWAY PARTNERSHIP INC: $100,000 · Community ImprovementPitt County Committee of 100 Inc: $60,000 · Community ImprovementWAYNE COUNTY DEVELOPMENT ALLIANCE INC: $58,000 · Community ImprovementTHE ELIZABETH RIVER TRAIL FOUNDATION: $30,000 · Community ImprovementHOPE HOUSE FOUNDATION: $24,000 · Community Improvement+4 more: $20,500 · Community ImprovementKRAMDEN INSTITUTE INC: $75,000 · Human ServicesHOSPICE HOUSE OF HAMPTON ROADS INC: $75,000 · Human ServicesThe Young Men's Christian Association of the Triangle Area Inc (4598): $30,000 · Human ServicesPEACEMAKERS OF ROCKY MOUNT INC: $15,000 · Human ServicesDAKOTA CHILDREN'S ADVOCACY CENTER: $10,000 · Human ServicesTHE SOUTHEASTERN PARTNERSHIP II: $10,000 · Human Services+5 more: $22,500 · Human ServicesAAPI of Hampton Roads Inc: $45,500 · HealthNORTH CAROLINA DENTAL SOCIETY FOUNDATION INC: $45,000 · HealthCOMMUNITY CARE CLINIC OF DARE: $40,000 · HealthROANOKE CHOWAN COMMUNITY HEALTH CENTER: $25,000 · HealthST JUDE CHILDREN'S RESEARCH HOSPITAL INC: $22,500 · HealthBREAKTHROUGH T1D: $18,500 · HealthHONORBRIDGE: $10,000 · Health+5 more: $31,000 · HealthFORKIDS INC: $75,000 · Housing & ShelterWilmington Area Rebuilding Ministry Inc: $50,000 · Housing & ShelterCHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC: $20,000 · Housing & ShelterCAHEC Foundation: $12,000 · Housing & ShelterCOVENANT HOMES INCORPORATED: $10,000 · Housing & ShelterHabitat for Humanity of Goldsboro-Wayne Inc: $10,000 · Housing & ShelterHABITAT FOR HUMANITY OF SOUTH HAMPTON ROADS INC: $10,000 · Housing & Shelter+1 more: $5,000 · Housing & ShelterVIRGINIA MUSEUM OF CONTEMPORARY ART: $40,000 · Arts & CultureNORTH CAROLINA SYMPHONY SOCIETY INC: $30,000 · Arts & CultureARTS COUNCIL OF WILSON INC: $25,000 · Arts & CultureTHE PARAMOUNT THEATRE FOUNDATION THE PARAMOUNT THEATRE FOUNDATION: $5,500 · Arts & CultureDARE COUNTY ARTS COUNCIL INC: $5,000 · Arts & CultureWILKINSON COMMUNITY EVENT CENTER: $5,000 · Arts & CultureTHE HURRAH PLAYERS INC: $5,000 · Arts & CultureGREENVILLE MUSEUM OF ART INC: $4,500 · Arts & Culture+1 more: $2,500 · Arts & Culture
Other$2,658,261Education$594,420Community Improvement$292,500Human Services$237,500Health$237,500Housing & Shelter$192,000Arts & Culture$122,500

Showing the 200 largest grantees by grant value.

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetCity of Refuge Foundation Inc: $100,000 over 2y, 18% of budgetTHE CAROLINAS GATEWAY PARTNERSHIP INC: $100,000 over 5y, 1.7% of budgetFREE WILL BAPTIST CHILDREN'S HOME INC: $85,000 over 5y, 0.7% of budgetCHOWAN UNIVERSITY: $80,000 over 3y, 0.1% of budgetPitt Community College Foundation Inc: $75,000 over 3y, 2.3% of budgetKRAMDEN INSTITUTE INC: $75,000 over 5y, 0.9% of budgetFORKIDS INC: $75,000 over 3y, 0.2% of budgetHOSPICE HOUSE OF HAMPTON ROADS INC: $75,000 over 3y, 1.3% of budgetPitt County Committee of 100 Inc: $60,000 over 5y, 0.7% of budgetCAMPBELL UNIVERSITY: $60,000 over 3y, 0.0% of budgetWAYNE COUNTY DEVELOPMENT ALLIANCE INC: $58,000 over 5y, 2.4% of budgetTHE ROSE & WOMBLE FOUNDATION INC: $56,800 over 3y, 15% of budgetWilmington Area Rebuilding Ministry Inc: $50,000 over 2y, 0.6% of budgetGREENFIELD SCHOOL: $50,000 over 2y, 0.6% of budgetAAPI of Hampton Roads Inc: $45,500 over 2y, 8.7% of budgetFOUNDATION OF WAYNE COMMUNITY COLLEGE: $45,000 over 3y, 2.1% of budgetNORTH CAROLINA DENTAL SOCIETY FOUNDATION INC: $45,000 over 2y, 4.2% of budgetFRANKIE LEMMON FOUNDATION INC: $45,000 over 4y, 0.8% of budgetVIRGINIA MUSEUM OF CONTEMPORARY ART: $40,000 over 3y, 0.5% of budgetCOMMUNITY CARE CLINIC OF DARE: $40,000 over 5y, 3.3% of budgetCAPE HENRY COLLEGIATE SCHOOL INC: $40,000 over 3y, 0.1% of budgetBOY SCOUTS OF AMERICA TUSCARORA COUNCIL: $34,250 over 5y, 1.0% of budgetUNITED WAY OF WAYNE COUNTY INC: $32,000 over 5y, 0.9% of budgetNORTH CAROLINA SYMPHONY SOCIETY INC: $30,000 over 4y, 0.1% of budgetThe Young Men's Christian Association of the Triangle Area Inc (4598): $30,000 over 3y, 0.0% of budgetTHE ELIZABETH RIVER TRAIL FOUNDATION: $30,000 over 3y, 10% of budgetBUSINESS CONSORTIUM FOR ARTS SUPPORT: $27,000 over 4y, 0.9% of budgetThe Family Y: $26,000 over 2y, 0.5% of budgetFELLOWSHIP OF CHRISTIAN ATHLETES: $25,580 over 5y, 0.0% of budgetNORTH CAROLINA WESLEYAN UNIVERSITY INC: $25,000 over 1y, 0.1% of budgetFOODBANK OF SOUTHEASTERN VIRGINIA: $25,000 over 5y, 0.0% of budgetWAYNE HEALTH FOUNDATION INC: $25,000 over 3y, 0.4% of budgetROANOKE CHOWAN COMMUNITY HEALTH CENTER: $25,000 over 1y, 0.1% of budgetCoastal Christian High School Inc: $25,000 over 5y, 0.1% of budgetARTS COUNCIL OF WILSON INC: $25,000 over 5y, 0.7% of budgetGIRL SCOUTS - NORTH CAROLINA COASTAL PINES INC: $25,000 over 1y, 0.2% of budgetSYLVAN HEIGHTS WATERFOWL PARK & ECO-CENTER INC: $25,000 over 1y, 1.4% of budgetBertie Educational Foundation Inc: $25,000 over 1y, 1.1% of budgetHOPE HOUSE FOUNDATION: $24,000 over 3y, 0.1% of budgetNORTH CAROLINA PICKLE FESTIVAL INC: $23,500 over 3y, 62% of budgetST JUDE CHILDREN'S RESEARCH HOSPITAL INC: $22,500 over 3y, 0.0% of budgetJUNIOR ACHIEVEMENT OF EASTERN NORTH CAROLINA INC: $20,000 over 2y, 3.5% of budgetCHOANOKE AREA DEVELOPMENT ASSOCIATION OF NORTH CAROLINA INC: $20,000 over 2y, 0.1% of budgetBEACH FOOD PANTRY INC: $20,000 over 2y, 1.1% of budgetUNITED WAY OF WILSON COUNTY INC: $20,000 over 4y, 0.7% of budgetCALE COMMUNITY FOUNDATION: $20,000 over 2y, 4.9% of budgetWAYNE CHARITABLE PARTNERSHIP INC WAYNE CHARITABLE PARTNERSHIP INC: $19,500 over 3y, 8.1% of budgetBREAKTHROUGH T1D: $18,500 over 4y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

North Carolina Commun…The Cannon Foundation…Eddie and Jo Allison …Mount Olive Pickle Co…University Health Sys…The Golden Leaf IncBoddie Noell Foundati…Anonymous Trust U/A D…Triangle Community Fo…East Carolina HealthHampton Roads Communi…Sentara Health
North Carolina Community FoundationNC70.9× affinity47 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: North Carolina Community Foundation · The Cannon Foundation Inc · Eddie and Jo Allison Smith Family Foundation Inc · Mount Olive Pickle Company Foundation · University Health Systems of Eastern Carolina Foundation Inc · The Golden Leaf Inc · Boddie Noell Foundation Attn Tax and Risk Management · Anonymous Trust U/A Dated 2-4-2008 · Triangle Community Foundation Inc · East Carolina Health · Hampton Roads Community Foundation · Sentara Health

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Southern Bank Foundation funds: left to right is the share of its income from government, bottom to top the share from Southern Bank Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%5%19%42%75%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    53report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
    05Through Plinth

    Warm introductions · Powered by PlinthPlus

    How do I get to Southern Bank Foundation?

    Find your warmest path to Southern Bank Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

    Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 238 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Southern Bank’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home