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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$295K
+19.3% YoY
Annual Giving
$29K
+18.8% YoY
Grant Count
6
+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
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 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 include Western Carolina University ($6,000), Wake Forest University ($4,500), NC State University ($4,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Wake Forest University Winston Salem, NC | Scholarship for Aubrie Pressley | $4,500 |
| NC State University Raleigh, NC | Scholarship for Blakely Morgan | $4,500 |
| Western Carolina University Cullowhee, NC | Scholarship for Lizbet Alvarez | $6,000 |
| 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
From 2024 IRS filing
From 2024 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
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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