B & D Best Irrv Tr Scholar Fund

WHEELING, WV EIN: 61-1297242

B & D Best Irrv Tr Scholar Fund is a private foundation focused on Education, based in WHEELING, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $48K. Net investment income was $46K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-0.7% YoY

Annual Giving

$48K

+1.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$48K

+1.4% YoY

Under IRS private-foundation payout rules, B & D Best Irrv Tr Scholar Fund reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.

About B & D Best Irrv Tr Scholar Fund

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $213K (100%)

States

Kentucky

Cities

Frankfort

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,238,397	$1,247,746	$1,254,530
Revenue	$51,536	$49,571	$41,218
Expenses	$60,708	$57,616	$54,968
Qualifying Distributions	$53,323	$52,545	$49,076
Net Investment Income	$46,337	$44,500	$35,803
Distributable Amount	$64,994	$62,639	$69,130

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Elizabethown Independent Schools ($48,146).

Recipient	Purpose	Amount
ELIZABETHOWN INDEPENDENT SCHOOLS FRANKFORT, KY	SCHOLARSHIPS	$48,146

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

Education

Frequently Asked Questions

What is B & D Best Irrv Tr Scholar Fund?

B & D Best Irrv Tr Scholar Fund is a private foundation focused on Education, based in WHEELING, WV. It holds $1.2M in total assets as of 2024.

How large is B & D Best Irrv Tr Scholar Fund?

As of 2024, B & D Best Irrv Tr Scholar Fund holds $1.2M in total assets with $52K in annual revenue. It awarded 1 grants totaling $48K in 2024.

Where does B & D Best Irrv Tr Scholar Fund operate?

B & D Best Irrv Tr Scholar Fund has awarded grants in Kentucky.

What size grants does B & D Best Irrv Tr Scholar Fund award?

In 2024, B & D Best Irrv Tr Scholar Fund awarded 1 grants totaling $48K — an average of about $48K per grant, based on its IRS Form 990 filings.

How much is B & D Best Irrv Tr Scholar Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, B & D Best Irrv Tr Scholar Fund reported a distributable amount of $65K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is B & D Best Irrv Tr Scholar Fund's EIN?

B & D Best Irrv Tr Scholar Fund's EIN (Employer Identification Number) is 61-1297242. IRS Form 990 filing data is available on this page for 2020–2024.