Charles LeGeyt Fortescue Graduate Scholarship Fund

PISCATAWAY, NJ EIN: 25-6030358

Charles LeGeyt Fortescue Graduate Scholarship Fund is a private foundation focused on Education, based in PISCATAWAY, NJ. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $389K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$389K

+1847.3% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$195K

+873.6% YoY

Under IRS private-foundation payout rules, Charles LeGeyt Fortescue Graduate Scholarship Fund reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

About Charles LeGeyt Fortescue Graduate Scholarship Fund

Based on IRS filings

Charles LeGeyt Fortescue Graduate Scholarship Fund is a private foundation focused on Education, based in PISCATAWAY, NJ. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $389K. Net investment income was $8K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

DallasMobilePiscatawayPittsburgPittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$113K$225K$338K$450K20202021202220232024
Metric202420232022
Total Assets$388,214$367,730
Revenue$23,877$21,143$19,591
Expenses$409,341$26,802$30,246
Qualifying Distributions$395,904$23,176$26,880
Net Investment Income$7,692$17,601$16,304
Distributable Amount$15,814$18,404$19,082

Giving Over Time

Total grant dollars and number of grants per year

$0$97K$195K$292K$389K1 grants20201 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

IEEE Foundation Inc$369KUniversity of South Alab…$20K

Grant Size Distribution

6 grants across all recorded years

5<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include IEEE Foundation Inc ($369,459), University of South Alabama ($20,000).

RecipientPurposeAmount
University of South Alabama Mobile, ALCharles Legeyt Fortescue Graduate Scholarship$20,000
IEEE Foundation Inc Piscataway, NJTransfer of assets after dissolution.$369,459

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 Charles LeGeyt Fortescue Graduate Scholarship Fund?

Charles LeGeyt Fortescue Graduate Scholarship Fund is a private foundation focused on Education, based in PISCATAWAY, NJ. It holds — in total assets as of 2024.

Where does Charles LeGeyt Fortescue Graduate Scholarship Fund operate?

Charles LeGeyt Fortescue Graduate Scholarship Fund has awarded grants in Alabama, New Jersey, Pennsylvania, Texas.

What size grants does Charles LeGeyt Fortescue Graduate Scholarship Fund award?

In 2024, Charles LeGeyt Fortescue Graduate Scholarship Fund awarded 2 grants totaling $389K — an average of about $195K per grant, based on its IRS Form 990 filings.

How much is Charles LeGeyt Fortescue Graduate Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles LeGeyt Fortescue Graduate Scholarship Fund reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles LeGeyt Fortescue Graduate Scholarship Fund's EIN?

Charles LeGeyt Fortescue Graduate Scholarship Fund's EIN (Employer Identification Number) is 25-6030358. 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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