Funder DirectorySCHOLARSHIP FOUNDATION INC
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Private foundation (trust)EIN 582110562Est. 1994-06

SCHOLARSHIP FOUNDATION INC

SHEFFIELD, AL 35660

Accepts unsolicited proposals

Total Assets

$1.4M

FY 2023

Annual Giving

$78K

FY 2023

Grants Made

17

FY 2023

Avg Grant

$5K

FY 2023

Grant Range

$1K–$36K

Typical

Deadlines

June 30 - before year end

Applications

Programs & Activities

Program 1

$78K

Scholarships for ministerial studies at various universities and charitable giving

Financial Snapshot

2023 filing

Total Revenue

$24K

Total Expenses

$2K

Qualifying Distributions

$78K

Distributable Amount

$65K

Min. Investment Return

$65K

Undistributed Income

$37K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

17 grants

Grant sizes from minimum $1K through median $2K to maximum $36K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2023. Peak $78K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

39 grants

NW SHOALS COMM COLLEGE
$53K
3 grants
ALABAMA SERVICEPROJECT
$36K
1 grant
UNIVERSITY OF ALABAMA
$17K
4 grants
UNIVERISITY OF NORTH ALABAMA
$15K
3 grants
ALABAMA SERVICE PROJECT
$14K
3 grants
UNIVERSITY OF THE SOUTH
$10K
1 grant
NATIONAL ALUMNI ASSOC
$7K
2 grants
UNIVERSITY OF ALABAMA SCHOLAR FOUND
$6K
2 grants

Grant Size Distribution

39 grants

<$10K
36
grants
$10–50K
3
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

Alabama
$195K
94% of total
Tennessee
$12K
6% of total

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