Charles and Gertrude McCray Scholarship Fund

Private foundation · Grantmaker Parkersburg, WV EIN: 92-6534840

Charles and Gertrude McCray Scholarship Fund is a private foundation, based in Parkersburg, WV. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $862K in total assets. In 2025, it awarded 2 grants totaling $50K. Net investment income was $58K.

Key facts about Charles and Gertrude McCray Scholarship Fund

In short: Charles and Gertrude McCray Scholarship Fund gave $50K across 2 grants in 2025 (avg $25K), mostly in West Virginia. Source: 2025 IRS Form 990-PF.

EIN
92-6534840
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$50,000
Grants made (2025)
2
Average grant
$25,000
Median grant
$25,000
Total assets
$861,943
Primary geography
West Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$862K

+8.6% YoY

Annual Giving

$50K

+66.7% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$25K

+66.7% YoY

Under IRS private-foundation payout rules, Charles and Gertrude McCray Scholarship Fund reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.

How Charles and Gertrude McCray Scholarship Fund gives

  • In 2025 it paid out 122% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

Cities

ArnoldsburgChloeGrantsvilleOrma

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K2 grants2023 2 grants2024 2 grants2025

From 2023 to 2025, annual grant giving ranged from $10K (2023) to $50K (2025). In 2025 it made 2 grants totaling $50K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
2 grants to individuals Recipients not named —$50,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2023 2024 2025
Metric202520242023
Total Assets$861,943$793,837$803,978
Revenue$134,514$31,221$821,862
Expenses$66,408$41,362$17,884
Qualifying Distributions$62,411$37,685$15,273
Net Investment Income$58,064$26,361$15,121
Distributable Amount$51,016$53,272$19,581

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  3. Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
  4. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Charles and Gertrude McCray Scholarship Fund's only listed officer is United Bank, Trustee on every filing since 2023 (compensated).

Officers on the 2025 filing

  • United Bank

    Trustee

    On filings since 2023

    5 hrs/week

    $8K (2023) → $11K (2025)

Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

United Bank — Trustee: $11KUnited BankTrustee$11K

The highest reported compensation on the 2025 filing was $11K, to United Bank (Trustee).

Frequently asked questions about Charles and Gertrude McCray Scholarship Fund

How much does Charles and Gertrude McCray Scholarship Fund give each year?

Charles and Gertrude McCray Scholarship Fund gave $50K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $30K across 2 grants.

How large is Charles and Gertrude McCray Scholarship Fund?

Charles and Gertrude McCray Scholarship Fund reported $862K in total assets on its 2025 IRS Form 990-PF. It paid out $62K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets).

Where does Charles and Gertrude McCray Scholarship Fund operate?

Charles and Gertrude McCray Scholarship Fund has awarded grants in West Virginia.

What is Charles and Gertrude McCray Scholarship Fund's EIN?

Charles and Gertrude McCray Scholarship Fund's EIN (Employer Identification Number) is 92-6534840. IRS Form 990 filing data is available on this page for 2023–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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