Fauquier Scholarship Fund Co Bb&t

ORLANDO, FL EIN: 54-6123242

Fauquier Scholarship Fund Co Bb&t is a private foundation, based in ORLANDO, FL. IRS filing data is available from 2020 through 2022. In 2022, it awarded 6 grants totaling $64K. Net investment income was $491.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$64K

+2467.0% YoY

Grant Count

6

+200.0% YoY

Avg Grant Size

$11K

+755.7% YoY

Under IRS private-foundation payout rules, Fauquier Scholarship Fund Co Bb&t reported a distributable amount of $3K for 2022 — the minimum it must pay out in qualifying distributions.

About Fauquier Scholarship Fund Co Bb&t

Based on IRS filings

Fauquier Scholarship Fund Co Bb&t is a private foundation, based in ORLANDO, FL. IRS filing data is available from 2020 through 2022. In 2022, it awarded 6 grants totaling $64K. Net investment income was $491.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BlacksburgBridgewaterHarrisonburgLynchburgNewport NewsWarrenton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18K$37K$55K$74K202020212022
Metric202220212020
Total Assets$72,048$66,737
Revenue$-4,876$11,570$8,896
Expenses$67,205$6,283$4,020
Qualifying Distributions$66,591$5,560
Net Investment Income$491$11,039$8,378
Distributable Amount$3,198$3,913$4,069

Giving Over Time

Total grant dollars and number of grants per year

$0$16K$32K$48K$64K3 grants20202 grants20216 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2022

NORTHERN PIEDMONT COMMUN…$61KMATTIE HEFLIN$1KHARRY QUINN CONNOLLY$600JACOB BRANDON FOX HURLEY$600LISA MARYE EANES$600TAYTE ALEXANDER MILLS$600

Grant Size Distribution

11 grants across all recorded years

10<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Northern Piedmont Community Foindation ($60,574), Mattie Heflin ($1,200), Harry Quinn Connolly ($600).

RecipientPurposeAmount
HARRY QUINN CONNOLLY BLACKSBURG, VASCHOLARSHIP$600
JACOB BRANDON FOX HURLEY LYNCHBURG, VASCHOLARSHIP$600
LISA MARYE EANES BRIDGEWATER, VASCHOLARSHIP$600
MATTIE HEFLIN HARRISONBURG, VASCHOLARSHIP$1,200
TAYTE ALEXANDER MILLS BRIDGEWATER, VASCHOLARSHIP$600
NORTHERN PIEDMONT COMMUNITY FOINDATION WARRENTON, VASCHOLARSHIP FUND$60,574

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

TRUIST BANKTRUSTEE$833

From 2022 filing

NameTitleHoursCompensation
TRUIST BANKTRUSTEE1$833
KRAIG KELICANCOMMITTEE MEMBER1
MARK BJORKMANCOMMITTEE MEMBER1
HEATHER HARRISCOMMITTEE MEMBER1
JULIE KIRKCOMMITTEE MEMBER1
Johanna ScottCOMMITTEE MEMBER1

Frequently Asked Questions

Where does Fauquier Scholarship Fund Co Bb&t operate?

Fauquier Scholarship Fund Co Bb&t has awarded grants in Virginia.

What size grants does Fauquier Scholarship Fund Co Bb&t award?

In 2022, Fauquier Scholarship Fund Co Bb&t awarded 6 grants totaling $64K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Fauquier Scholarship Fund Co Bb&t required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Fauquier Scholarship Fund Co Bb&t reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fauquier Scholarship Fund Co Bb&t's EIN?

Fauquier Scholarship Fund Co Bb&t's EIN (Employer Identification Number) is 54-6123242. IRS Form 990 filing data is available on this page for 2020–2022.

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

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