Hollyfest Scholarship Foundation is a private foundation focused on Education, based in HILLIARD, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $598K in total assets. In 2024, it awarded 16 grants totaling $31K. Net investment income was $30K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$598K
-0.3% YoY
Annual Giving
$31K
+0.0% YoY
Grant Count
16
+6.7% YoY
Avg Grant Size
$2K
-6.2% YoY
Under IRS private-foundation payout rules, Hollyfest Scholarship Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About Hollyfest Scholarship Foundation
Based on IRS filings
Hollyfest Scholarship Foundation is a private foundation focused on Education, based in HILLIARD, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $598K in total assets. In 2024, it awarded 16 grants totaling $31K. Net investment income was $30K.
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 | $597,917 | $599,821 | $592,659 |
| Revenue | $30,546 | $38,362 | $26,124 |
| Expenses | $32,450 | $31,200 | $25,615 |
| Qualifying Distributions | $31,000 | $31,000 | $25,000 |
| Net Investment Income | $30,446 | $29,866 | $24,581 |
| Distributable Amount | $28,171 | $28,130 | — |
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
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alexis Stewart ($2,000), Madelyn Taylor ($2,000), Ian Laudo ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALEXIS STEWART HILLIARD, OH | COLLEGE SCHOLARSHIP | $2,000 |
| MADELYN TAYLOR HILLIARD, OH | COLLEGE SCHOLARSHIP | $2,000 |
| IAN LAUDO HILLIARD, OH | COLLEGE SCHOLARSHIP | $2,000 |
| JORDAN HIRES HILLIARD, OH | COLLEGE SCHOLARSHIP | $2,000 |
| LUKE MANCHE HILLIARD, OH | COLLEGE SCHOLARSHIP | $2,000 |
| HENRY KITCHEN HILLIARD, OH | COLLEGE SCHOLARSHIP | $2,000 |
| DOMINIC CONLEY COLUMBUS, OH | COLLEGE SCHOLARSHIP | $2,000 |
| ZACH CARLO HILLIARD, OH | COLLEGE SCHOLARSHIP | $2,000 |
| MENNATULLAH ALKHAFAJI HILLAIRD, OH | COLLEGE SCHOLARSHIP | $2,000 |
| OLIVIIA BAINE HILLIARD, OH | COLLEGE SCHOLARSHIP | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| COURTNEY SMYSER | CEO | 0.5 | — |
| LISA WOOD | TREASURER | — | — |
| LIBBY GIERACH | DIRECTOR | — | — |
| JILL GERSCHUTZ | DIRECTOR | — | — |
| JEREMY FELIX | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hollyfest Scholarship Foundation?
Hollyfest Scholarship Foundation is a private foundation focused on Education, based in HILLIARD, OH. It holds $598K in total assets as of 2024.
How large is Hollyfest Scholarship Foundation?
As of 2024, Hollyfest Scholarship Foundation holds $598K in total assets with $31K in annual revenue. It awarded 16 grants totaling $31K in 2024.
Where does Hollyfest Scholarship Foundation operate?
Hollyfest Scholarship Foundation has awarded grants in Ohio.
What size grants does Hollyfest Scholarship Foundation award?
In 2024, Hollyfest Scholarship Foundation awarded 16 grants totaling $31K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Hollyfest Scholarship Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hollyfest Scholarship Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hollyfest Scholarship Foundation's EIN?
Hollyfest Scholarship Foundation's EIN (Employer Identification Number) is 31-1448423. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hollyfest Scholarship Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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