Joseph R Hatcher Scholarship Fund
Joseph R Hatcher Scholarship Fund is a private foundation, based in Bluefield, WV. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $72K in total assets. In 2025, it awarded 1 grant totaling $4K. Net investment income was $4K.
Joseph R Hatcher Scholarship Fund at a glance
In short: Joseph R Hatcher Scholarship Fund gave $4K across 1 grant in 2025 (avg $4K), mostly in West Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,550
- -11.7% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $3,550
- -11.7% vs 2024
- Median grant
- $3,550
- Total assets
- $71,845
- +0.6% vs 2024
- Primary geography
- West Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Joseph R Hatcher Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Concord University ($4K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Joseph R Hatcher Scholarship Fund gives
- Giving fell 31% from 2022 to 2025. Method
- In 2025 it paid out 83% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $3K (2020) to $5K (2022). In 2025 it made 1 grant totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Concord University Athens, WV | Educational | $3,550 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $71,845 | $4,708 | $4,265 | $3,550 | 1 | $3,550 | $3,500 | $4,254 |
| 2024 | $71,402 | $2,917 | $4,640 | $4,022 | 1 | $4,022 | $1,968 | $4,072 |
| 2023 | $73,125 | $1,539 | $4,856 | $4,245 | 1 | $4,245 | $1,761 | $3,940 |
| 2022 | $76,442 | $3,378 | $5,758 | $5,109 | 1 | $5,109 | $2,854 | $4,284 |
| 2021 | $78,822 | $4,698 | $5,080 | $4,460 | 1 | — | $4,123 | $4,560 |
| 2020 | $79,204 | $2,807 | $3,150 | $2,546 | 1 | — | $2,229 | $4,460 |
Under IRS private-foundation payout rules, Joseph R Hatcher Scholarship Fund reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Joseph R Hatcher Scholarship Fund's only listed officer is First Community Bank, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
First Community Bank
Trustee
On filings since 2020
5 hrs/week
$178 (2020) → $288 (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $288, to First Community Bank (Trustee).
Frequently asked questions about Joseph R Hatcher Scholarship Fund
How much does Joseph R Hatcher Scholarship Fund give each year?
Joseph R Hatcher Scholarship Fund gave $4K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 1 grant.
How large is Joseph R Hatcher Scholarship Fund?
Joseph R Hatcher Scholarship Fund reported $72K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Joseph R Hatcher Scholarship Fund operate?
Joseph R Hatcher Scholarship Fund has awarded grants in West Virginia.
What is Joseph R Hatcher Scholarship Fund's EIN?
Joseph R Hatcher Scholarship Fund's EIN (Employer Identification Number) is 31-0963961. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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