Jay Vanderpool Scholarship Fund

GALVESTON, TX EIN: 76-6038758

Jay Vanderpool Scholarship Fund is a private foundation, based in GALVESTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $148K in total assets. In 2024, it awarded 2 grants totaling $6K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$148K

+2.0% YoY

Annual Giving

$6K

-13.2% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$3K

-13.2% YoY

Under IRS private-foundation payout rules, Jay Vanderpool Scholarship Fund reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About Jay Vanderpool Scholarship Fund

Based on IRS filings

Jay Vanderpool Scholarship Fund is a private foundation, based in GALVESTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $148K in total assets. In 2024, it awarded 2 grants totaling $6K. Net investment income was $9K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CambridgeDickinsonGalveston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12K$23K$35K$46K20202021202220232024
Metric202420232022
Total Assets$148,179$145,256$148,771
Revenue$12,181$6,396$7,953
Expenses$9,262$9,911$9,515
Qualifying Distributions$7,721$8,519$7,358
Net Investment Income$8,820$4,111$1,327
Distributable Amount$8,486$7,693$7,859

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$5K$7K2 grants20202 grants20213 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

ELIZABETH CARTER SULLIVAN$5KGALVESTON INDEPENDENT SC…$1K

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Elizabeth Carter Sullivan ($5,000), Galveston Independent School District ($1,075).

RecipientPurposeAmount
GALVESTON INDEPENDENT SCHOOL DISTRICT GALVESTON, TXBALL HIGH SCHOOL TORNADO LEGACY SCHOLARSHIP$1,075
ELIZABETH CARTER SULLIVAN GALVESTON, TXGALVESTON YOUTH LEADERSHIP AWARD SCHOLARSHIP$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

FROST BANKTRUSTEE$2K

From 2024 filing

NameTitleHoursCompensation
FROST BANKTRUSTEE1$2,232
DR HAROLD Y VANDERPOOLADVISORY COMMITTEE4
DR NATHALIE BARTLEADVISORY COMMITTEE4
JON Y VANDERPOOLADVISORY COMMITTEE4
KATHERINE C PROVOSTADVISORY COMMITTEE4

Frequently Asked Questions

How large is Jay Vanderpool Scholarship Fund?

As of 2024, Jay Vanderpool Scholarship Fund holds $148K in total assets with $12K in annual revenue. It awarded 2 grants totaling $6K in 2024.

Where does Jay Vanderpool Scholarship Fund operate?

Jay Vanderpool Scholarship Fund has awarded grants in Massachusetts, Texas.

What size grants does Jay Vanderpool Scholarship Fund award?

In 2024, Jay Vanderpool Scholarship Fund awarded 2 grants totaling $6K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Jay Vanderpool Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jay Vanderpool 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 Jay Vanderpool Scholarship Fund's EIN?

Jay Vanderpool Scholarship Fund's EIN (Employer Identification Number) is 76-6038758. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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