Charles and Alice Mayson Scholarship Grant Fd

NEW ORLEANS, LA EIN: 63-6161467

Charles and Alice Mayson Scholarship Grant Fd is a private foundation, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $809K in total assets. In 2024, it awarded 10 grants totaling $53K. Net investment income was $321K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$809K

+37.5% YoY

Annual Giving

$53K

+16.4% YoY

Grant Count

10

-9.1% YoY

Avg Grant Size

$5K

+28.1% YoY

Under IRS private-foundation payout rules, Charles and Alice Mayson Scholarship Grant Fd reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.

About Charles and Alice Mayson Scholarship Grant Fd

Based on IRS filings

Charles and Alice Mayson Scholarship Grant Fd is a private foundation, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $809K in total assets. In 2024, it awarded 10 grants totaling $53K. Net investment income was $321K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AtmoreBay MinetteBirminghamCenturyClintonGainesvilleJacksonvilleLaurelMcdavidPensacolaPerdidoTuscaloosaTuskegeeWalnut Hill

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$91K$182K$272K$363K20202021202220232024
Metric202420232022
Total Assets$809,229$588,322$611,591
Revenue$330,240$46,113$61,566
Expenses$71,582$71,850$58,323
Qualifying Distributions$57,578$45,650$44,550
Net Investment Income$320,982$21,866$39,982
Distributable Amount$51,333$53,192$55,028

Giving Over Time

Total grant dollars and number of grants per year

$0$17K$34K$51K$68K10 grants202010 grants202111 grants202211 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERISTY OF FLORIDA - …$5KUNIVERSITY OF FLORIDA - …$5KMISSISSIPPI COLLEGE - DA…$5KTUSKEEGEE UNIVERSITY - M…$5KMILES COLLEGE - ANIYA ST…$5KUNIVERSITY OF WEST FLORI…$5KCOASTAL ALABAMA COMMUNIT…$5KUNIVERSITY OF WEST FLORI…$5KUNIVERSITY OF ALABAMA - …$5KJACKSONVILLE STATE UNIVE…$5K

Grant Size Distribution

52 grants across all recorded years

52<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Univeristy of Florida - Savannah Doremus ($5,315), University of Florida - Anna Adams ($5,315), Mississippi College - Daughtry Mcghee ($5,315).

RecipientPurposeAmount
UNIVERISTY OF FLORIDA - SAVANNAH DOREMUS GAINESVILLE, FLSCHOLARSHIP$5,315
UNIVERSITY OF FLORIDA - ANNA ADAMS GAINESVILLE, FLSCHOLARSHIP$5,315
MISSISSIPPI COLLEGE - DAUGHTRY MCGHEE CLINTON, MSSCHOLARSHIP$5,315
TUSKEEGEE UNIVERSITY - MADISON SIMMONS TUSKEGEE, ALSCHOLARSHIP$5,315
MILES COLLEGE - ANIYA STOTS BIRMINGHAM, ALSCHOLARSHIP$5,315
UNIVERSITY OF WEST FLORIDA - BLAKE YODER PENSACOLA, FLSCHOLARSHIP$5,315
COASTAL ALABAMA COMMUNITY COLLEGE - TAVA BAY MINETTE, ALSCHOLARSHIP$5,315
UNIVERSITY OF WEST FLORIDA - LEAH PENSACOLA, FLSCHOLARSHIP$5,315
UNIVERSITY OF ALABAMA - BRADY HOWELL TUSCALOOSA, ALSCHOLARSHIP$5,315
JACKSONVILLE STATE UNIVERSITY - CAITLIN JACKSONVILLE, ALSCHOLARSHIP$5,315

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Charles and Alice Mayson Scholarship Grant Fd?

As of 2024, Charles and Alice Mayson Scholarship Grant Fd holds $809K in total assets with $330K in annual revenue. It awarded 10 grants totaling $53K in 2024.

Where does Charles and Alice Mayson Scholarship Grant Fd operate?

Charles and Alice Mayson Scholarship Grant Fd has awarded grants in Alabama, Florida, Mississippi.

What size grants does Charles and Alice Mayson Scholarship Grant Fd award?

In 2024, Charles and Alice Mayson Scholarship Grant Fd awarded 10 grants totaling $53K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Charles and Alice Mayson Scholarship Grant Fd required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles and Alice Mayson Scholarship Grant Fd reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles and Alice Mayson Scholarship Grant Fd's EIN?

Charles and Alice Mayson Scholarship Grant Fd's EIN (Employer Identification Number) is 63-6161467. 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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