Grace E Mitchell Scholarship Fund is a private foundation focused on Education, based in DUNLAP, TN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $172K in total assets. In 2024, it awarded 22 grants totaling $18K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$172K
+25.9% YoY
Annual Giving
$18K
-2.7% YoY
Grant Count
22
+0.0% YoY
Avg Grant Size
$818.182
-2.7% YoY
Under IRS private-foundation payout rules, Grace E Mitchell Scholarship Fund reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Grace E Mitchell Scholarship Fund
Based on IRS filings
Grace E Mitchell Scholarship Fund is a private foundation focused on Education, based in DUNLAP, TN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $172K in total assets. In 2024, it awarded 22 grants totaling $18K. Net investment income was $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $171,783 | $136,444 | $107,913 |
| Revenue | $86,512 | $56,167 | $117,913 |
| Expenses | $29,579 | $27,636 | $10,000 |
| Qualifying Distributions | $26,500 | $26,500 | $10,000 |
| Net Investment Income | $8,704 | — | — |
| Distributable Amount | $8,339 | $6,720 | $5,315 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Will Murley ($1,000), Kiley Elliot ($1,000), Caitlyn Kruse ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LILY DANIEL TUNNEL HILL, GA | TUITION | $500 |
| WILL MURLEY CHATTANOOGA, TN | TUITION | $1,000 |
| KILEY ELLIOT DUNLAP, TN | TUITION | $1,000 |
| CAITLYN KRUSE CHATTANOOGA, TN | TUITION | $1,000 |
| BRODIE JOHNSTON OOLTEWAH, TN | TUITION | $500 |
| AUBREY BAUGH CHATTANOOGA, TN | TUITION | $1,000 |
| NOAH HOUSTON OOLTEWAH, TN | TUITION | $1,000 |
| JAIYA MADISON OOLTEWAH, TN | TUITION | $1,000 |
| BROOKLYN MATHIS CHATTANOOGA, TN | TUITION | $1,000 |
| AUSTYN JOHNSON HARRISON, TN | TUITION | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIKA GREER | DIRECTOR | 1 | — |
| CHRIS JONES | DIRECTOR | 1 | — |
| GARY D MITCHELL | PRESIDENT | 2 | — |
| JENNIFER MITCHELL | SEC/TREASU | 2 | — |
| THOMAS AUSTIN | VICE PRESI | 2 | — |
| MATTHEW LEE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Grace E Mitchell Scholarship Fund?
Grace E Mitchell Scholarship Fund is a private foundation focused on Education, based in DUNLAP, TN. It holds $172K in total assets as of 2024.
How large is Grace E Mitchell Scholarship Fund?
As of 2024, Grace E Mitchell Scholarship Fund holds $172K in total assets with $87K in annual revenue. It awarded 22 grants totaling $18K in 2024.
Where does Grace E Mitchell Scholarship Fund operate?
Grace E Mitchell Scholarship Fund has awarded grants in Georgia, Tennessee.
What size grants does Grace E Mitchell Scholarship Fund award?
In 2024, Grace E Mitchell Scholarship Fund awarded 22 grants totaling $18K — an average of about $818.182 per grant, based on its IRS Form 990 filings.
How much is Grace E Mitchell Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Grace E Mitchell Scholarship Fund reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grace E Mitchell Scholarship Fund's EIN?
Grace E Mitchell Scholarship Fund's EIN (Employer Identification Number) is 88-1116203. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Grace E Mitchell Scholarship Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.