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Frank Holding Jr

North CarolinaFinance

AIProfile Summary

Frank Holding Jr. is a North Carolina finance executive and the CEO of First Citizens BancShares, with an estimated net worth of ~$1.3B RTB. He was born in 1961 and is identified in recent reporting as making small open-market share purchases in his company NewsAPI.

Business & SEC Activity

Holding is tied to First Citizens BancShares, a bank holding company, and recent market reporting says he acquired 528 shares in June 2026 NewsAPI. In plain terms, SEC insider-trading filings are the disclosures company executives and other insiders must make when they buy or sell company stock; the article indicates a purchase, but the underlying SEC filing details are not provided here NewsAPI.

Philanthropy

No foundation or grantmaking data is provided for Frank Holding Jr. in the supplied records.

Political Activity

From 2018 to 2025, he made 100 federal political contributions totaling $55,638.84 FEC. The largest recipient listed was the First Citizens Bancshares PAC at $35,138.84, and the party breakdown shows $13,400 to Republican recipients and $42,238.84 classified as Unknown FEC.

In the News

Recent reporting in March and June 2026 focused on stock transactions involving First Citizens BancShares, including a June 8 item saying Frank Holding Jr. acquired 528 shares NewsAPI. The other validated item in the dataset concerns a different person and company, not Holding NewsAPI.

AI-generated summary from gdelt, propublica_990, fec, rtb 6/27/2026 (gpt-5.4-mini). All claims are derived from the source data shown below.

USU.S. Presence

residenceRaleigh, North Carolina

990Philanthropy

$28.4MFoundation Assets
$1.5MGrants Paid
3Foundations
Dale Jr FoundationMooresville, NC
Private independent foundation (IRS NTEE T22)
Assets: $852KRevenue: $1.1MGrants: $884KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Jr Jainclan FoundationSimi Valley, CA
Health care (IRS NTEE E32)
Assets: $27.6MRevenue: $1.5MGrants: $644KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Eap Jr FoundationGrayslake, IL
Private grantmaking foundation (IRS NTEE T20)
Assets: $1Revenue: $1Grants: $0Tax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$56KTotal Contributed
100Contributions
2018–2025Date Range

By Party

Unknown
$42K
REP
$13K

Top Recipients

FIRST CITIZENS BANCSHARES INC POLITICAL ACTION COMMITTEE (FIRST CITIZENS BANCSHARES PAC)$35K
TEAM MCHENRY$5K
TED BUDD FOR SENATE$5K
THOM TILLIS COMMITTEE$3K
GEORGE HOLDING FOR CONGRESS INC.$3K
Source: FEC contribution filings · latest on record (retrieved 3/10/2026) (fec)

PBSScore Breakdown

C
38.6
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
19%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
75%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source.

Frank Holding Jr — Public Benefit Score C (39) | Billionaire Army