Founders Scholarship Fund Inc is a nonprofit organization focused on Education, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 3 grants totaling $33K.
Key facts about Founders Scholarship Fund Inc
- EIN
- 45-4713485
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $32,746
- Grants made (2024)
- 3
- Average grant
- $10,915
- Median grant
- $5,800
- Primary geography
- California (75% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Founders Scholarship Fund Inc funds
By grant dollars, the top recipient states for Founders Scholarship Fund Inc's 3 itemized 2024 grants were California (75%) and Virginia (25%). The most frequent recipient cities were Virginia Beach, VA (2 grants). None of its 3 grants with a stated purpose were described as general or operating support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$33K
-2.7% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$11K
-35.1% YoY
About Founders Scholarship Fund Inc
Based on IRS filings
Founders Scholarship Fund Inc is a nonprofit organization focused on Education, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 3 grants totaling $33K.
Focus Areas
Ready to take the next step with Founders Scholarship Fund Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Noah Evjenth ($24,424), Grace Wright ($5,800), Lucas Prendergast ($2,522).
| Recipient | Purpose | Amount |
|---|---|---|
| NOAH EVJENTH RAMONA, CA | SCHOLARSHIP - FINANCIAL ASSISTANCE FOR POST-SECONDARY EDUCATION AT UC MERCED | $24,424 |
| GRACE WRIGHT VIRGINIA BEACH, VA | SCHOLARSHIP - FINANCIAL ASSISTANCE FOR POST-SECONDARY EDUCATION AT TIDEWATER COMMUNITY COLLEGE | $5,800 |
| LUCAS PRENDERGAST VIRGINIA BEACH, VA | SCHOLARSHIP - FINANCIAL ASSISTANCE FOR POST-SECONDARY EDUCATION AT REGENT UNIVERSITY | $2,522 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREGORY S LEE | EXECUTIVE DIRECTOR | 0.5 | — |
| CECIL L ACHORD | DIRECTOR | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Founders Scholarship Fund Inc?
Founders Scholarship Fund Inc is a nonprofit organization focused on Education, based in NORFOLK, VA. It holds — in total assets as of 2024.
Where does Founders Scholarship Fund Inc operate?
Founders Scholarship Fund Inc has awarded grants in California, Hawaii, Virginia.
What size grants does Founders Scholarship Fund Inc award?
In 2024, Founders Scholarship Fund Inc awarded 3 grants totaling $33K — an average of about $11K per grant, based on its IRS Form 990 filings.
What is Founders Scholarship Fund Inc's EIN?
Founders Scholarship Fund Inc's EIN (Employer Identification Number) is 45-4713485. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Founders Scholarship Fund Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.