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 grants totaling $3K. Net investment income was $463.
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.
About Linda Fitts Scholarship Fund
Based on IRS filings
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 grants totaling $3K. Net investment income was $463.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
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 |
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
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Nc State University ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| NC STATE UNIVERSITY RALEIGH, NC | EDUCATIONAL GRANT | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BEVERLY NOLAND | Chairman | 1 | — |
| MARILYN DUNNILL | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is Linda Fitts Scholarship Fund?
As of 2025, Linda Fitts Scholarship Fund holds $9K in total assets with $1K in annual revenue. It awarded 1 grants totaling $3K in 2025.
Where does Linda Fitts Scholarship Fund operate?
Linda Fitts Scholarship Fund has awarded grants in Florida, North Carolina, South Carolina, Virginia.
What size grants does Linda Fitts Scholarship Fund award?
In 2025, Linda Fitts Scholarship Fund awarded 1 grants totaling $3K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Linda Fitts Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Linda Fitts Scholarship Fund reported a distributable amount of $564 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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