Southern Bank Foundation
Historical FunderMount Olive, North Carolina · EIN 56-2002871 · Private foundation
Grants paid (2024)$1.2M
Organizations funded101
Typical grant$6,720
Total assets$19.2M
Half of its grants to organizations were between $3,000 and $10,000.
From the return
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):
| Contact | Hope M Fields |
|---|---|
| Address | PO Box 729, Mount Olive NC 28365 |
| Phone | 9196587000 |
| Form and materials | Southern Bank Foundation Request for Grant |
| Deadlines | None |
| Restrictions | None |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
19% of grants went outside North Carolina.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Nc Aquarium Society Inc | Raleigh, NC | Public Benefit | $125,000 |
| University of Mount Olive (003689) | Mount Olive, NC | Public Benefit | $107,500 |
| Outer Banks Hosptial Development Council | Nags Head, NC | Public Benefit | $50,000 |
| Barton College (006943) | Wilson, NC | Public Benefit | $50,000 |
| Hospice House of Hampton Roads | Virginia Beach, VA | Public Benefit | $25,000 |
| Pitt Community College Foundation I | Merry Hill, NC | Public Benefit | $25,000 |
| Wilmington Area Rebuilding Ministry Inc | Wilmington, NC | Public Benefit | $25,000 |
| North Carolina Weslyan University | Rocky Mount, NC | Public Benefit | $25,000 |
| Roanoke Chowan Community Health Center Inc | Murfreesboro, NC | Public Benefit | $25,000 |
| Sylvan Heights Waterfowl Park and Eco Center Inc | Scotland Neck, NC | Public Benefit | $25,000 |
| The Community Arts Council of Goldsboro Nc Inc | Goldsboro, NC | Public Benefit | $25,000 |
| Bertie Educational Foundation | Merry Hill, NC | Public Benefit | $25,000 |
| Girl Scouts North Carolina Coastal Pines Inc | Raleigh, NC | Public Benefit | $25,000 |
| Aapi of Hampton Roads | Chesapeake, VA | Public Benefit | $21,500 |
| Carolinas Gateway Partnership | Rocky Mount, NC | Public Benefit | $20,000 |
| Chesapeake General Healthcare Foundation | Chesapeake, VA | Public Benefit | $20,000 |
| Pitt County Committee of 100 | Greenville, NC | Public Benefit | $20,000 |
| Rw Towne Foundation | Chesapeake, VA | Public Benefit | $20,000 |
| Kramden Institute | Durham, NC | Public Benefit | $19,000 |
| Virginia Museum of Contemporary Arts | Virginia Beach, VA | Public Benefit | $15,000 |
| Boy Scouts of America-Occoneechee Council | Raleigh, NC | Public Benefit | $13,874 |
| Wayne County Development Alliance Inc | Goldsboro, NC | Public Benefit | $12,000 |
| Junior Achievement of Eastern North Carolina | Raleigh, NC | Public Benefit | $10,000 |
| YMCA of the Triangle Area | Raleigh, NC | Public Benefit | $10,000 |
| Cale Community Foundation | Hertford, NC | Public Benefit | $10,000 |
| Wayne Health Foundation | Goldsboro, NC | Public Benefit | $10,000 |
| Beach Food Pantry Inc | Kitty Hawk, NC | Public Benefit | $10,000 |
| Frankie Lemmon Foundation Inc | Raleigh, NC | Public Benefit | $10,000 |
| Hope Preparatory School | Groveland, FL | Public Benefit | $10,000 |
| Cape Henry Collegiate | Virginia Beach, VA | Public Benefit | $10,000 |
| Habitat for Humanity of South Hampton Roads | Norfolk, VA | Public Benefit | $10,000 |
| Habitat for Humanity of Goldsboro-Wayne | Goldsboro, NC | Public Benefit | $10,000 |
| Covenant Homes Inc | Rocky Mount, NC | Public Benefit | $10,000 |
| Nash Health Care Foundation | Rocky Mount, NC | Public Benefit | $10,000 |
| Go Global Nc Council Inc | Wake Forest, NC | Public Benefit | $10,000 |
| Wayne Co Livestock Dev Assoc Found | Goldsboro, NC | Public Benefit | $10,000 |
| Nc Center for Poultry Education | Pinetops, NC | Public Benefit | $10,000 |
| Boys & Girls Clubs of Wayne County | Goldsboro, NC | Public Benefit | $10,000 |
| Choanoke Area Development Associati | Rich Square, NC | Public Benefit | $10,000 |
| Boy Scouts of America - Tidewater Council | Virginia Beach, VA | Public Benefit | $10,000 |
| Wayne County Public Library (006449) | Goldsboro, NC | Public Benefit | $10,000 |
| Albemarle Education Foundation Inc | Elizabeth City, NC | Public Benefit | $10,000 |
| Tidewater Friends of Foster Care Inc | Norfolk, VA | Public Benefit | $10,000 |
| North Carolina Bankers Association Foundation | Raleigh, NC | Public Benefit | $9,400 |
| The Elizabethan Gardens Inc | Manteo, NC | Public Benefit | $8,000 |
| Boy Scouts of America - Tuscarora Council | Goldsboro, NC | Public Benefit | $8,000 |
| Alsacst Jude Childrens Research Hospital | Memphis, TN | Public Benefit | $7,500 |
| North Carolina Symphony Society Inc | Raleigh, NC | Public Benefit | $7,500 |
| Hope House Foundation Inc | Norfolk, VA | Public Benefit | $7,000 |
| Business Consortium for Arts Support | Norfolk, VA | Public Benefit | $7,000 |
| Pungo Christian Academy Inc | Belhaven, NC | Public Benefit | $6,720 |
| North Carolina Pickle Festival | Mount Olive, NC | Public Benefit | $5,000 |
| Free Will Baptist Children's Home Inc | Middlesex, NC | Public Benefit | $5,000 |
| Honorbridge | Greenville, NC | Public Benefit | $5,000 |
| Coastal Christian High School | Wilmington, NC | Public Benefit | $5,000 |
| United Way of Wilson County Inc | Wilson, NC | Public Benefit | $5,000 |
| Va Beach City Public Schools Education Foundation | Virginia Beach, VA | Public Benefit | $5,000 |
| United Way of Wayne County | Goldsboro, NC | Public Benefit | $5,000 |
| Arts Council of Wilson | Wilson, NC | Public Benefit | $5,000 |
| Boys & Girls Club of the Albemarle | Elizabeth City, NC | Public Benefit | $5,000 |
Showing the 60 largest of 101 grants to organizations.
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $1,161,294 | 101 |
| 2023 | $920,887 | 98 |
Sources
- IRS Form 990-PF, tax year 2024, filed Nov 17, 2025 - IRS e-file batch, object ID 202513219349106426
- IRS Tax Exempt Organization Search for EIN 56-2002871
- Profile updated Nov 4, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.