Kathleen C Spicer Scholarship Fund

ROCKWALL, TX EIN: 58-1448686

Kathleen C Spicer Scholarship Fund is a private foundation, based in ROCKWALL, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $44K. Net investment income was $361K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+42.4% YoY

Annual Giving

$44K

+18.0% YoY

Grant Count

8

+14.3% YoY

Avg Grant Size

$6K

+3.3% YoY

Under IRS private-foundation payout rules, Kathleen C Spicer Scholarship Fund reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

About Kathleen C Spicer Scholarship Fund

Based on IRS filings

Kathleen C Spicer Scholarship Fund is a private foundation, based in ROCKWALL, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $44K. Net investment income was $361K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AthensAtlantaBrookhavenCambridgeChambleeChapel HillGramblingHamptonHomewoodKennesawLookout MountainMount BerryStanfordTucsonWinstonsalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$102K$204K$306K$408K20202021202220232024
Metric202420232022
Total Assets$1,070,983$752,076$777,149
Revenue$370,889$36,178$45,544
Expenses$63,241$61,243$66,894
Qualifying Distributions$53,422$51,700$56,402
Net Investment Income$361,070$27,252$34,605
Distributable Amount$41,714$46,132$53,628

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$23K$35K$46K8 grants202010 grants202112 grants20227 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

MASSACHUSETTS INSTITUTE …$6KEMORY UNIVERSITY$6KGA INSTITUTE OF TECHNOLOGY$6KGRAMBLING STATE UNIVERSITY$6KUNIVERSITY OF GEORGIA$6KUNIVERSITY OF GEORGIA$6KSAMFORD UNIVERSITY$6KKENNESAW STATE UNIVERSITY$6K

Grant Size Distribution

45 grants across all recorded years

45<$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 Massachusetts Institute of Technology ($5,625), Emory University ($5,625), Ga Institute of Technology ($5,500).

RecipientPurposeAmount
MASSACHUSETTS INSTITUTE OF TECHNOLOGY CAMBRIDGE, MAEDUCATIONAL SCHOLARSHIP$5,625
EMORY UNIVERSITY ATLANTA, GAEDUCATIONAL SCHOLARSHIP$5,625
GA INSTITUTE OF TECHNOLOGY ATLANTA, GAEDUCATIONAL SCHOLARSHIP$5,500
GRAMBLING STATE UNIVERSITY GRAMBLING, LAEDUCATIONAL SCHOLARSHIP$5,500
UNIVERSITY OF GEORGIA ATHENS, GAEDUCATIONAL SCHOLARSHIP$5,500
UNIVERSITY OF GEORGIA ATHENS, GAEDUCATIONAL SCHOLARSHIP$5,500
SAMFORD UNIVERSITY HOMEWOOD, ALEDUCATIONAL SCHOLARSHIP$5,500
KENNESAW STATE UNIVERSITY KENNESAW, GAEDUCATIONAL SCHOLARSHIP$5,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICATRUSTEE$15K

From 2024 filing

NameTitleHoursCompensation
AMERICAN NATIONAL BANK OF TEXASSUCCESSOR TRUSTEE1
BANK OF AMERICATRUSTEE1$14,518

Frequently Asked Questions

How large is Kathleen C Spicer Scholarship Fund?

As of 2024, Kathleen C Spicer Scholarship Fund holds $1.1M in total assets with $371K in annual revenue. It awarded 8 grants totaling $44K in 2024.

Where does Kathleen C Spicer Scholarship Fund operate?

Kathleen C Spicer Scholarship Fund has awarded grants in Alabama, Arizona, California, Georgia, Louisiana, Massachusetts, North Carolina, Virginia.

What size grants does Kathleen C Spicer Scholarship Fund award?

In 2024, Kathleen C Spicer Scholarship Fund awarded 8 grants totaling $44K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Kathleen C Spicer Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kathleen C Spicer Scholarship Fund reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Kathleen C Spicer Scholarship Fund's EIN?

Kathleen C Spicer Scholarship Fund's EIN (Employer Identification Number) is 58-1448686. 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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