Linda Fitts Scholarship Fund is a private foundation focused on Education, based in Henrico, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $9K in total assets. In 2025, it awarded 1 grant totaling $3K. Net investment income was $463.
Key facts about Linda Fitts Scholarship Fund
In short: Linda Fitts Scholarship Fund gave $3K across 1 grant in 2025 (avg $3K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- EIN
- 77-0662384
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $2,500
- Grants made (2025)
- 1
- Average grant
- $2,500
- Median grant
- $2,500
- Total assets
- $8,526
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$9K
-19.2% YoY
Annual Giving
$3K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3K
+0.0% YoY
Under IRS private-foundation payout rules, Linda Fitts Scholarship Fund reported a distributable amount of $564 for 2025 — the minimum it must pay out in qualifying distributions.
How Linda Fitts Scholarship Fund gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 443% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $3K (2022) to $5K (2021). In 2025 it made 1 grant totaling $3K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was NC State University ($3K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NC State University Raleigh, NC | Educational Grant | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $8,526 | $10,549 | $12,851 |
| Revenue | $1,238 | $948 | $843 |
| Expenses | $3,261 | $3,250 | $3,715 |
| Qualifying Distributions | $2,500 | $2,500 | $3,000 |
| Net Investment Income | $463 | $198 | $128 |
| Distributable Amount | $564 | $616 | $828 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Linda Fitts Scholarship Fund is led by Beverly Noland, Chairman on every filing since 2021; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Beverly Noland
Chairman
On filings since 2021
1 hr/week
No compensation reported
Marilyn Dunnill
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Linda Fitts Scholarship Fund
How much does Linda Fitts Scholarship Fund give each year?
Linda Fitts Scholarship Fund gave $3K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 1 grant.
How large is Linda Fitts Scholarship Fund?
Linda Fitts Scholarship Fund reported $9K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $564 (roughly 5% of its investment assets).
What is Linda Fitts Scholarship Fund?
Linda Fitts Scholarship Fund is a private foundation focused on Education, based in Henrico, NC. It holds $9K in total assets as of 2025.
Where does Linda Fitts Scholarship Fund operate?
Linda Fitts Scholarship Fund has awarded grants in Florida, North Carolina, South Carolina, Virginia.
What is Linda Fitts Scholarship Fund's EIN?
Linda Fitts Scholarship Fund's EIN (Employer Identification Number) is 77-0662384. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Linda Fitts Scholarship Fund by hand.
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