Herbert a (mike) Donovan Scholarship Fund
Herbert a (mike) Donovan Scholarship Fund is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $311K. Net investment income was $68K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$311K
+4716.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$311K
+4716.1% YoY
Under IRS private-foundation payout rules, Herbert a (mike) Donovan Scholarship Fund reported a distributable amount of $14K for 2021 — the minimum it must pay out in qualifying distributions.
About Herbert a (mike) Donovan Scholarship Fund
Based on IRS filings
Herbert a (mike) Donovan Scholarship Fund is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $311K. Net investment income was $68K.
Ready to take the next step with Herbert a (mike) Donovan Scholarship Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $245,933 |
| Revenue | $70,219 | $56,209 |
| Expenses | $316,674 | $8,078 |
| Qualifying Distributions | $312,508 | — |
| Net Investment Income | $68,187 | $55,220 |
| Distributable Amount | $14,218 | $39,637 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2021
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Duke Divinity School ($311,214).
| Recipient | Purpose | Amount |
|---|---|---|
| DUKE DIVINITY SCHOOL DURHAM, NC | UNRESTRICTED GENERAL | $311,214 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $736 |
Frequently Asked Questions
Where does Herbert a (mike) Donovan Scholarship Fund operate?
Herbert a (mike) Donovan Scholarship Fund has awarded grants in North Carolina.
What size grants does Herbert a (mike) Donovan Scholarship Fund award?
In 2021, Herbert a (mike) Donovan Scholarship Fund awarded 1 grants totaling $311K — an average of about $311K per grant, based on its IRS Form 990 filings.
How much is Herbert a (mike) Donovan Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Herbert a (mike) Donovan Scholarship Fund reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Herbert a (mike) Donovan Scholarship Fund's EIN?
Herbert a (mike) Donovan Scholarship Fund's EIN (Employer Identification Number) is 54-6063123. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Herbert a (mike) Donovan Scholarship Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Shell Usa Company Foundation
HOUSTON, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
Texas Instruments Foundation
DALLAS, TX
Assets
$73.0M
Grants
4,484
Total Given
$22.6M
Communities Foundation of Texas Inc
DALLAS, TX
Assets
$1.0B
Grants
2,182
Total Given
$143.6M
Greater Houston Community Foundation
HOUSTON, TX
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
Celanese Foundation
IRVING, TX
Assets
—
Grants
1,423
Total Given
$1.8M
Once Upon a Time Foundation
FORT WORTH, TX
Assets
$276.7M
Grants
1,039
Total Given
$10.7M
Baker Hughes Foundation
HOUSTON, TX
Assets
$2.2M
Grants
990
Total Given
$3.2M
Bnsf Railway Foundation
FORT WORTH, TX
Assets
$1.7M
Grants
920
Total Given
$6.1M
Community Foundation of North Texas (tax
FORT WORTH, TX
Assets
$544.9M
Grants
872
Total Given
$41.3M
The Houston Food Bank
HOUSTON, TX
Assets
$156.8M
Grants
866
Total Given
$282.6M
Michael & Susan Dell Foundation
AUSTIN, TX
Assets
—
Grants
835
Total Given
$164.6M
American Heart Association Inc
DALLAS, TX
Assets
$1.9B
Grants
794
Total Given
$227.6M
More Funders in Texas
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Herbert a (mike) Donovan Scholarship Fund on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities