Lenoir Scholarship Fund Inc

MOCKSVILLE, NC EIN: 88-2997917

Lenoir Scholarship Fund Inc is a private foundation focused on Education, based in MOCKSVILLE, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 7 grants totaling $49K. Net investment income was $81K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

Annual Giving

$49K

Grant Count

7

Avg Grant Size

$7K

Under IRS private-foundation payout rules, Lenoir Scholarship Fund Inc reported a distributable amount of $129K for 2024 — the minimum it must pay out in qualifying distributions.

About Lenoir Scholarship Fund Inc

Based on IRS filings

Lenoir Scholarship Fund Inc is a private foundation focused on Education, based in MOCKSVILLE, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 7 grants totaling $49K. Net investment income was $81K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

KinstonLagrangeSeven Springs

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2021202220232024
Metric202420232022
Total Assets$2,651,084
Revenue$51,150
Expenses$90,997
Qualifying Distributions$49,000
Net Investment Income$81,075
Distributable Amount$128,620

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$25K$37K$49K0 grants20210 grants20220 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Analyn Best$7KArmaun Lankford$7KAshlynn Holloman$7KBrionna Shofner$7KChase Sutton$7KKahlia Hargett$7KKeasia Sheppard$7K

Grant Size Distribution

7 grants across all recorded years

7<$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 Analyn Best ($7,000), Armaun Lankford ($7,000), Ashlynn Holloman ($7,000).

RecipientPurposeAmount
Analyn Best Kinston, NCScholarship$7,000
Armaun Lankford Kinston, NCScholarship$7,000
Ashlynn Holloman Seven Springs, NCScholarship$7,000
Brionna Shofner Kinston, NCScholarship$7,000
Chase Sutton LaGrange, NCScholarship$7,000
Kahlia Hargett Kinston, NCScholarship$7,000
Keasia Sheppard Kinston, NCScholarship$7,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Edward Miles JonesPresident, Treasurer and Dir…$15KWilliam WoolardVP, Secy and Director$10KLogan DanielDirector$2KShaun FryDirector$2KEdward VaunderDirector$2K

From 2024 filing

NameTitleHoursCompensation
Edward Miles JonesPresident, Treasurer and Director1$15,000
William WoolardVP, Secy and Director0.52$10,000
Logan DanielDirector0.23$2,000
Shaun FryDirector0.23$2,000
Edward VaunderDirector0.23$2,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lenoir Scholarship Fund Inc?

Lenoir Scholarship Fund Inc is a private foundation focused on Education, based in MOCKSVILLE, NC. It holds $2.7M in total assets as of 2024.

How large is Lenoir Scholarship Fund Inc?

As of 2024, Lenoir Scholarship Fund Inc holds $2.7M in total assets with $51K in annual revenue. It awarded 7 grants totaling $49K in 2024.

Where does Lenoir Scholarship Fund Inc operate?

Lenoir Scholarship Fund Inc has awarded grants in North Carolina.

What size grants does Lenoir Scholarship Fund Inc award?

In 2024, Lenoir Scholarship Fund Inc awarded 7 grants totaling $49K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Lenoir Scholarship Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lenoir Scholarship Fund Inc reported a distributable amount of $129K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lenoir Scholarship Fund Inc's EIN?

Lenoir Scholarship Fund Inc's EIN (Employer Identification Number) is 88-2997917. IRS Form 990 filing data is available on this page for 2021–2024.

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

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