Grace E Mitchell Scholarship Fund

Foundation · Grantmaker Dunlap, TN EIN: 88-1116203

The GRACE E MITCHELL SCHOLARSHIP FUND is a private foundation based in Dunlap, Tennessee. It supports tuition assistance through scholarships for high school graduates; its 2024 filing describes scholarships paid that year.

Key facts about Grace E Mitchell Scholarship Fund

In short: Grace E Mitchell Scholarship Fund gave $18K across 22 grants in 2024 (avg $818.182), mostly in Tennessee. 100% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
88-1116203
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$18,000
Grants made (2024)
22
Average grant
$818
Median grant
$1,000
New grantees (estimate)
100% first-time grantees (22 of 22, 2024)
Total assets
$171,783
Primary geography
Tennessee (97% of itemized 2024 grant dollars)
How to apply
The filing states that the foundation does not restrict giving to preselected organizations. Full details ↓
Deadline
May 1 each year.

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

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.

Is Grace E Mitchell Scholarship Fund open to new grantees?

100%

first-time grantees, 2024

In 2024, 22 of 22 grantees (100%) were first-time recipients. First grants averaged $818. How we count

  • 0% of 2024 grantees were also funded in 2023. Method
  • In 2024 it paid out 318% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The funder’s filing describes its direct charitable activity as scholarships for high school graduates. Its application restrictions specify graduates of Boyd Buchanan School or Sequatchie County High.

Grantmaking

In 2024, the funder reported 22 grants totaling $18,000. Grants ranged from $500 to $1,000, with a median of $1,000. The largest listed grants were $1,000 each, for tuition, to Will Murley, Kiley Elliot, Caitlyn Kruse, Aubrey Baugh, Noah Houston, Jaiya Madison, Brooklyn Mathis, Mia Cutler, Avery Poteraski, Josie Boynton, Alisha Miller, and Amnel Ortiz-Rivera.

Review Cycle

** May 1 each year. The 2026 deadline has passed.

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Geographic Focus

Where this funder awards grants

In 2024, 97% of grant dollars went to recipients in Tennessee and 3% to recipients in Georgia. The listed recipients were in Tennessee.

Grant Distribution by State

2states

Share of all 22 itemized 2024 grant dollars.

Cities

DunlapChattanoogaOoltewahWhitwellHarrisonHixsonLookout MountaPalmerSignal MountaiSoddy DaisyTunnel Hill

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K10 grants202222 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Will Murley: $1KWill Murley$1KKiley Elliot: $1KKiley Elliot$1KCaitlyn Kruse: $1KCaitlyn Kruse$1KAubrey Baugh: $1KAubrey Baugh$1KNoah Houston: $1KNoah Houston$1KJaiya Madison: $1KJaiya Madison$1KBrooklyn Mathis: $1KBrooklyn Mathis$1KMia Cutler: $1KMia Cutler$1KAvery Poteraski: $1KAvery Poteraski$1KJosie Boynton: $1KJosie Boynton$1K

Grant Size Distribution

54 grants across all recorded years

54<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
WILL MURLEY Chattanooga, TNTUITION$1,000
KILEY ELLIOT Dunlap, TNTUITION$1,000
CAITLYN KRUSE Chattanooga, TNTUITION$1,000
AUBREY BAUGH Chattanooga, TNTUITION$1,000
NOAH HOUSTON Ooltewah, TNTUITION$1,000
JAIYA MADISON Ooltewah, TNTUITION$1,000
BROOKLYN MATHIS Chattanooga, TNTUITION$1,000
MIA CUTLER Chattanooga, TNTUITION$1,000
AVERY POTERASKI Ooltewah, TNTUITION$1,000
JOSIE BOYNTON Dunlap, TNTUITION$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $171,783 $86,512 $29,579 $18,000 (22 grants)
2023 $136,444 $56,167 $27,636 $18,500 (22 grants)
2022 $107,913 $117,913 $10,000 $10,000 (10 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K202220232024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Gary D Mitchell as president; Jennifer Mitchell as secretary/treasurer; Thomas Austin as vice president; and Erika Greer, Chris Jones, and Matthew Lee as directors.

Grace E Mitchell Scholarship Fund is led by Gary D. Mitchell, President on every filing since 2022; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Gary D. Mitchell

    President

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Chris Jones

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Erika Greer

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Matthew Lee

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jennifer Mitchell

    Secretary & Treasurer

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Thomas Austin

    Vice President

    On filings since 2022

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Jennifer A Mitchell
Mailing address: 109 Cherry St, Dunlap, TN 37327
Phone: (423) 949-4159

Frequently asked questions about Grace E Mitchell Scholarship Fund

How much does Grace E Mitchell Scholarship Fund give each year?

Grace E Mitchell Scholarship Fund gave $18K across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19K across 22 grants.

What is Grace E Mitchell Scholarship Fund's typical grant size?

Grace E Mitchell Scholarship Fund's median grant in 2024 was $1,000, and its average grant was $818, across 22 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Grace E Mitchell Scholarship Fund that year got $818 on average.

Where does Grace E Mitchell Scholarship Fund give grants?

Grace E Mitchell Scholarship Fund gives mostly in Tennessee: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Dunlap, TN (9 grants), Chattanooga, TN (5 grants), Ooltewah, TN (4 grants) and Hixson, TN (2 grants).

Does Grace E Mitchell Scholarship Fund give general operating support?

Not in 2024: none of the 22 grants with a stated purpose on Grace E Mitchell Scholarship Fund's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Tuition" (22 grants).

Who are Grace E Mitchell Scholarship Fund's largest grantees?

Grace E Mitchell Scholarship Fund's largest 2024 grantees include Will Murley ($1,000), Kiley Elliot ($1,000) and Caitlyn Kruse ($1,000), according to its 2024 IRS Form 990-PF. Together they received 17% of its itemized 2024 grant dollars.

How large is Grace E Mitchell Scholarship Fund?

Grace E Mitchell Scholarship Fund reported $172K in total assets on its 2024 IRS Form 990-PF. It paid out $27K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).

What does Grace E Mitchell Scholarship Fund fund?

The funder’s filing describes its direct charitable activity as scholarships for high school graduates. Its application restrictions specify graduates of Boyd Buchanan School or Sequatchie County High.

How do I apply for a grant from Grace E Mitchell Scholarship Fund?

The filing states that the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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