Jule C Modlin Scholarship Fund
Jule C Modlin Scholarship Fund is a private foundation, based in ELIZABETH CITY, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $127K in total assets. In 2025, it awarded 1 grants totaling $8K. Net investment income was $5K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$127K
+5.8% YoY
Annual Giving
$8K
+1.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$8K
+1.8% YoY
Under IRS private-foundation payout rules, Jule C Modlin Scholarship Fund reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.
About Jule C Modlin Scholarship Fund
Based on IRS filings
Jule C Modlin Scholarship Fund is a private foundation, based in ELIZABETH CITY, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $127K in total assets. In 2025, it awarded 1 grants totaling $8K. Net investment income was $5K.
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $127,118 | $120,157 | $112,383 |
| Revenue | $11,255 | $8,852 | $4,907 |
| Expenses | $10,652 | $9,105 | $10,623 |
| Qualifying Distributions | $8,377 | $8,232 | $8,503 |
| Net Investment Income | $4,608 | $3,813 | $3,585 |
| Distributable Amount | $8,666 | $8,377 | $8,232 |
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 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include College of the Albemarle ($8,377).
| Recipient | Purpose | Amount |
|---|---|---|
| COLLEGE OF THE ALBEMARLE ELIZABETH CITY, NC | GENERAL SCHOLARSHIPS | $8,377 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
No officer/director data available.
Frequently Asked Questions
How large is Jule C Modlin Scholarship Fund?
As of 2025, Jule C Modlin Scholarship Fund holds $127K in total assets with $11K in annual revenue. It awarded 1 grants totaling $8K in 2025.
Where does Jule C Modlin Scholarship Fund operate?
Jule C Modlin Scholarship Fund has awarded grants in North Carolina.
What size grants does Jule C Modlin Scholarship Fund award?
In 2025, Jule C Modlin Scholarship Fund awarded 1 grants totaling $8K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Jule C Modlin Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Jule C Modlin Scholarship Fund reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jule C Modlin Scholarship Fund's EIN?
Jule C Modlin Scholarship Fund's EIN (Employer Identification Number) is 56-6312873. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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