Founders Scholarship Fund Inc

NORFOLK, VA EIN: 45-4713485

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.

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

APPOMATTOXKAPOLEIRAMONAVIRGINIA BEACH

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$17K$25K$34K0 grants20201 grants20212 grants20222 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

NOAH EVJENTH$24KGRACE WRIGHT$6KLUCAS PRENDERGAST$3K

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GREGORY S LEEEXECUTIVE DIRECTOR0.5
CECIL L ACHORDDIRECTOR0.1

Subject Areas

Focus areas based on grantmaking activity

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

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