Dr Edward E Hale College Fund

SAINT LOUIS, MO EIN: 59-6645432

Dr Edward E Hale College Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $356K in total assets. In 2024, it awarded 2 grants totaling $15K. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$356K

-1.8% YoY

Annual Giving

$15K

-25.0% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$8K

+50.0% YoY

Under IRS private-foundation payout rules, Dr Edward E Hale College Fund reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

About Dr Edward E Hale College Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $65K (81%)

North Carolina $15K (19%)

States

North Carolina West Virginia

Cities

AthensBluefieldHuntingtonMorgantownWinston Salem

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$356,311	$362,692	$382,242
Revenue	$18,908	$10,973	$10,439
Expenses	$25,637	$30,110	$25,052
Qualifying Distributions	$19,367	$24,589	$18,876
Net Investment Income	$13,295	$5,991	$7,797
Distributable Amount	$20,410	$19,056	$23,126

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

14 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Marshall University ($8,000), Concord University ($7,000).

Recipient	Purpose	Amount
MARSHALL UNIVERSITY HUNTINGTON, WV	SCHOLARSHIP	$8,000
CONCORD UNIVERSITY ATHENS, WV	SCHOLARSHIP	$7,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$6,886

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Dr Edward E Hale College Fund?

Dr Edward E Hale College Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. It holds $356K in total assets as of 2024.

How large is Dr Edward E Hale College Fund?

As of 2024, Dr Edward E Hale College Fund holds $356K in total assets with $19K in annual revenue. It awarded 2 grants totaling $15K in 2024.

Where does Dr Edward E Hale College Fund operate?

Dr Edward E Hale College Fund has awarded grants in North Carolina, West Virginia.

What size grants does Dr Edward E Hale College Fund award?

In 2024, Dr Edward E Hale College Fund awarded 2 grants totaling $15K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Dr Edward E Hale College Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Dr Edward E Hale College Fund reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.