Connestee Falls Student Scholarship

Foundation · Grantmaker Brevard, NC EIN: 56-2069663 Website

OUR MISSION IS TO PROVIDE SCHOLARSHIP FUNDS FOR DESERVING STUDENTS BASED ON MERIT AND FINANCIAL NEED.

Key facts about Connestee Falls Student Scholarship

EIN: 56-2069663
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $197,875
Grants made (2025): 3
Average grant: $65,958
Median grant: $63,000
Total assets: $391,564
Primary geography: North Carolina (100% of itemized 2025 grant dollars)

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

Who Connestee Falls Student Scholarship funds

By grant dollars, the top recipient states for Connestee Falls Student Scholarship's 3 itemized 2025 grants were North Carolina (100%). The most frequent recipient cities were Brevard, NC (2 grants). None of its 3 grants with a stated purpose were described as general or operating support. Recurring purposes include "Donation" (3 grants).

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$392K

+10.7% YoY

Annual Giving

$198K

+8.7% YoY

Grant Count

Avg Grant Size

$66K

About Connestee Falls Student Scholarship

Based on IRS filings

Connestee Falls Student Scholarship is a nonprofit organization focused on Education, based in Brevard, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $392K in total assets. In 2025, it awarded 3 grants totaling $198K. Net investment income was $8K.

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $198K (100%)

Share of all 3 itemized 2025 grant dollars.

States

North Carolina

Cities

BrevardFlat Rock

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$391,564	$353,644	$306,537
Revenue	$245,716	$235,796	$212,901
Expenses	$207,861	$188,689	$27,407
Qualifying Distributions	—	—	—
Net Investment Income	$7,526	$14,927	$1,747
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

September 26, 2026 Added Form 990-EZ for fiscal year 2019 (received by the IRS February 26, 2020)
September 26, 2026 Updated Form 990-EZ for fiscal year 2020 (received by the IRS February 25, 2021)
September 26, 2026 Updated Form 990-EZ for fiscal year 2021 (received by the IRS March 24, 2022)
September 26, 2026 Updated Form 990-EZ for fiscal year 2022 (received by the IRS February 11, 2023)
September 26, 2026 Updated Form 990 for fiscal year 2023 (received by the IRS April 18, 2024)
September 26, 2026 Updated Form 990 for fiscal year 2024 (received by the IRS March 7, 2025)
September 26, 2026 Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)

Giving Over Time

Total grant dollars and number of grants per year

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Brevard College ($73,875), Blue Ridge Community College ($63,000), Transylvania County Schools ($61,000).

Recipient	Purpose	Amount
BREVARD COLLEGE Brevard, NC	DONATION	$73,875
BLUE RIDGE COMMUNITY COLLEGE Flat Rock, NC	DONATION	$63,000
TRANSYLVANIA COUNTY SCHOOLS Brevard, NC	DONATION	$61,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

Name	Title	Hours	Compensation
Debra Izard	Board Member	2	—
Kim McElwee	Chair	8	—
Terri Lowery	Treasurer	8	—
Barry Davis	Board Member	2	—
Tom Shook	Board Member	2	—
Debbie Loeb	Vice Chair/Secretary	4	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Connestee Falls Student Scholarship?

Connestee Falls Student Scholarship is a nonprofit organization focused on Education, based in Brevard, NC. It holds $392K in total assets as of 2025.

How large is Connestee Falls Student Scholarship?

As of 2025, Connestee Falls Student Scholarship holds $392K in total assets with $246K in annual revenue. It awarded 3 grants totaling $198K in 2025.

Where does Connestee Falls Student Scholarship operate?

Connestee Falls Student Scholarship has awarded grants in North Carolina.

What size grants does Connestee Falls Student Scholarship award?

In 2025, Connestee Falls Student Scholarship awarded 3 grants totaling $198K — an average of about $66K per grant, based on its IRS Form 990 filings.

What is Connestee Falls Student Scholarship's EIN?

Connestee Falls Student Scholarship's EIN (Employer Identification Number) is 56-2069663. IRS Form 990 filing data is available on this page for 2019–2025.