Hugh and Anny K Godsey Scholarship Fund

PENNINGTON, NJ EIN: 22-3790896

Hugh and Anny K Godsey Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 1 grants totaling $95K. Net investment income was $195K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

+2.4% YoY

Annual Giving

$95K

-9.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$95K

-9.9% YoY

Under IRS private-foundation payout rules, Hugh and Anny K Godsey Scholarship Fund reported a distributable amount of $149K for 2024 — the minimum it must pay out in qualifying distributions.

About Hugh and Anny K Godsey Scholarship Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $368K (100%)

States

Florida

Cities

Boca Raton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,377,457	$2,321,352	$2,311,298
Revenue	$224,959	$190,649	$265,555
Expenses	$169,582	$180,516	$182,826
Qualifying Distributions	$138,681	$148,249	$145,857
Net Investment Income	$195,190	$160,920	$234,334
Distributable Amount	$149,148	$137,716	$151,257

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 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Florida Atlantic University Foundation ($95,383).

Recipient	Purpose	Amount
FLORIDA ATLANTIC UNIVERSITY FOUNDATION BOCA RATON, FL	GENERAL OPERATING	$95,383

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	CO-TRUSTEE	2	$43,197
ARTHUR REDGRAVE	CO-TRUSTEE	2	$28,966

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Hugh and Anny K Godsey Scholarship Fund?

Hugh and Anny K Godsey Scholarship Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $2.4M in total assets as of 2024.

How large is Hugh and Anny K Godsey Scholarship Fund?

As of 2024, Hugh and Anny K Godsey Scholarship Fund holds $2.4M in total assets with $225K in annual revenue. It awarded 1 grants totaling $95K in 2024.

Where does Hugh and Anny K Godsey Scholarship Fund operate?

Hugh and Anny K Godsey Scholarship Fund has awarded grants in Florida.

What size grants does Hugh and Anny K Godsey Scholarship Fund award?

In 2024, Hugh and Anny K Godsey Scholarship Fund awarded 1 grants totaling $95K — an average of about $95K per grant, based on its IRS Form 990 filings.

How much is Hugh and Anny K Godsey Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hugh and Anny K Godsey Scholarship Fund reported a distributable amount of $149K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hugh and Anny K Godsey Scholarship Fund's EIN?

Hugh and Anny K Godsey Scholarship Fund's EIN (Employer Identification Number) is 22-3790896. IRS Form 990 filing data is available on this page for 2021–2024.