Glory Stack Memorial Scholarship Fund

Foundation · Grantmaker Hendersonvlle, NC EIN: 85-1064765

Glory Stack Memorial Scholarship Fund is a private foundation focused on Education, based in Hendersonvlle, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $295K in total assets. In 2024, it awarded 6 grants totaling $29K. Net investment income was $7K.

Key facts about Glory Stack Memorial Scholarship Fund

EIN: 85-1064765
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $28,500
Grants made (2024): 6
Average grant: $4,750
Median grant: $4,500
Total assets: $295,256
Primary geography: North Carolina (100% of itemized 2024 grant dollars)

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

Who Glory Stack Memorial Scholarship Fund funds

By grant dollars, the top recipient states for Glory Stack Memorial Scholarship Fund's 6 itemized 2024 grants were North Carolina (100%). The most frequent recipient cities were Charlotte, NC (2 grants). None of its 6 grants with a stated purpose were described as general or operating support.

How Glory Stack Memorial Scholarship Fund gives

Giving grew 256% 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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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$295K

+19.3% YoY

Annual Giving

$29K

+18.8% YoY

Grant Count

+20.0% YoY

Avg Grant Size

$5K

-1.0% YoY

Under IRS private-foundation payout rules, Glory Stack Memorial Scholarship Fund reported a distributable amount of $202 for 2024 — the minimum it must pay out in qualifying distributions.

About Glory Stack Memorial Scholarship Fund

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $29K (100%)

Share of all 6 itemized 2024 grant dollars.

States

North Carolina

Cities

CharlotteHickoryCullowheeRaleighWilmingtonChapel HillWinston Salem

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$295,256	$247,513	$203,981
Revenue	$56,215	$47,809	$31,171
Expenses	$29,402	$25,067	$13,806
Qualifying Distributions	$28,500	$24,000	$13,500
Net Investment Income	$6,741	$12,647	$5,606
Distributable Amount	$202	$267	$122

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

16 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include UNC- Charlotte ($9,000 across 2 grants), Western Carolina University ($6,000), Wake Forest University ($4,500).

Recipient	Purpose	Amount
Western Carolina University Cullowhee, NC	Scholarship for Lizbet Alvarez	$6,000
Wake Forest University Winston Salem, NC	Scholarship for Aubrie Pressley	$4,500
NC State University Raleigh, NC	Scholarship for Blakely Morgan	$4,500
UNC- Charlotte Charlotte, NC	Scholarship for Jenna Patterson	$4,500
UNC-Charlotte Charlotte, NC	Scholarship for Jennifer Hernandez	$4,500
UNC Chapel Hill Chapel Hill, NC	Scholarship for Ella McClintic	$4,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
John Frederick Stack	President	3	—
Fran Wolak	Treasurer	0.3	—
Emily Sevier	Secratary	0.3	—
Annie Fair	Board Member	0.3	—
Dave Thomsen	Board Member	0.3	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Glory Stack Memorial Scholarship Fund?

Glory Stack Memorial Scholarship Fund is a private foundation focused on Education, based in Hendersonvlle, NC. It holds $295K in total assets as of 2024.

How large is Glory Stack Memorial Scholarship Fund?

As of 2024, Glory Stack Memorial Scholarship Fund holds $295K in total assets with $56K in annual revenue. It awarded 6 grants totaling $29K in 2024.

Where does Glory Stack Memorial Scholarship Fund operate?

Glory Stack Memorial Scholarship Fund has awarded grants in North Carolina.

What size grants does Glory Stack Memorial Scholarship Fund award?

In 2024, Glory Stack Memorial Scholarship Fund awarded 6 grants totaling $29K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Glory Stack Memorial Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Glory Stack Memorial Scholarship Fund reported a distributable amount of $202 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Glory Stack Memorial Scholarship Fund's EIN?

Glory Stack Memorial Scholarship Fund's EIN (Employer Identification Number) is 85-1064765. IRS Form 990 filing data is available on this page for 2020–2024.