D V Burnett Scholarship Fund

Private foundation · Grantmaker Dallas, TX EIN: 16-6238559

D V Burnett Scholarship Fund is a private foundation focused on Education, based in Dallas, TX. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $98K. Net investment income was $9K.

Key facts about D V Burnett Scholarship Fund

In short: D V Burnett Scholarship Fund gave $98K across 1 grant in 2024 (avg $98K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
16-6238559
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$97,997
Grants made (2024)
1
Average grant
$97,997
Median grant
$97,997
Primary geography
New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$98K

Grant Count

1

Avg Grant Size

$98K

Under IRS private-foundation payout rules, D V Burnett Scholarship Fund reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

How D V Burnett Scholarship Fund gives

  • Giving grew 1954% from 2021 to 2024. Method
  • In 2024 it paid out well above 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 the 2024 grant dollars on its one itemized grant.

States

Cities

IlionUtica

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grant2020 1 grant2021 1 grant2022 0 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $2K (2020) to $98K (2024). In 2024 it made 1 grant totaling $98K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

First Presbyterian Church of Ilion: $98KFirst Presbyterian Church ofIlion$98K

The largest 2024 recipient was First Presbyterian Church of Ilion ($98K).

Grant Size Distribution

4 grants across all recorded years

3<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 4 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
First Presbyterian Church of Ilion Ilion, NYUnrestricted General$97,997

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$91,458$114,415
Revenue$9,198$2,973$-1,768
Expenses$100,441$25,901$11,431
Qualifying Distributions$99,990$12,428$9,809
Net Investment Income$8,747—$1,258
Distributable Amount$4,723$4,912$6,137

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

D V Burnett Scholarship Fund's only listed officer is Bank Of America, Trustee on every filing since 2020 (compensated).

Officers on the 2024 filing

  • Bank Of America

    Trustee

    On filings since 2020

    1 hr/week

    $1K (2020) → $750 (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Bank of America — Trustee: $750Bank of AmericaTrustee$750

The highest reported compensation on the 2024 filing was $750, to Bank of America (Trustee).

Frequently asked questions about D V Burnett Scholarship Fund

How much does D V Burnett Scholarship Fund give each year?

D V Burnett Scholarship Fund gave $98K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.

What is D V Burnett Scholarship Fund?

D V Burnett Scholarship Fund is a private foundation focused on Education, based in Dallas, TX.

Where does D V Burnett Scholarship Fund operate?

D V Burnett Scholarship Fund has awarded grants in New York.

How much is D V Burnett Scholarship Fund required to give away each year?

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

What is D V Burnett Scholarship Fund's EIN?

D V Burnett Scholarship Fund's EIN (Employer Identification Number) is 16-6238559. IRS Form 990 filing data is available on this page for 2020–2024.

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

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