Alton Bridgers Memorial Scholarship
Alton Bridgers Memorial Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SELMA, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $132K in total assets. In 2024, it awarded 3 grants totaling $4K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$132K
-3.1% YoY
Annual Giving
$4K
Grant Count
3
Avg Grant Size
$1K
Under IRS private-foundation payout rules, Alton Bridgers Memorial Scholarship reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Alton Bridgers Memorial Scholarship
Based on IRS filings
Alton Bridgers Memorial Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SELMA, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $132K in total assets. In 2024, it awarded 3 grants totaling $4K. Net investment income was $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $131,759 | $136,019 | $138,070 |
| Revenue | $1,107 | $952 | $220 |
| Expenses | $5,367 | $3,003 | $14,934 |
| Qualifying Distributions | $5,354 | $3,000 | $14,932 |
| Net Investment Income | $1,107 | $952 | $220 |
| Distributable Amount | $6,579 | $6,687 | $7,159 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Madison Branch Wilson Community ($2,000), Micah Hill NC State University ($1,000), Karli Stewart East Carolina Univers ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Micah Hill NC State University Clayton, NC | NC State UniversityCollege Tuition | $1,000 |
| Madison Branch Wilson Community Bailey, NC | Wilson CommunityCollege Tuition2023 & 2024 | $2,000 |
| Karli Stewart East Carolina Univers Smithfield, NC | East Carolina University College Tuition | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Alton Bridgers Memorial Scholarship?
Alton Bridgers Memorial Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SELMA, NC. It holds $132K in total assets as of 2024.
How large is Alton Bridgers Memorial Scholarship?
As of 2024, Alton Bridgers Memorial Scholarship holds $132K in total assets with $1K in annual revenue. It awarded 3 grants totaling $4K in 2024.
Where does Alton Bridgers Memorial Scholarship operate?
Alton Bridgers Memorial Scholarship has awarded grants in North Carolina.
What size grants does Alton Bridgers Memorial Scholarship award?
In 2024, Alton Bridgers Memorial Scholarship awarded 3 grants totaling $4K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Alton Bridgers Memorial Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Alton Bridgers Memorial Scholarship reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Alton Bridgers Memorial Scholarship's EIN?
Alton Bridgers Memorial Scholarship's EIN (Employer Identification Number) is 56-6486563. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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