Margaret Holland Scholarship Fund Co First is a private foundation focused on Education, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 15 grants totaling $61K. Net investment income was $69K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+0.8% YoY
Annual Giving
$61K
-21.0% YoY
Grant Count
15
-16.7% YoY
Avg Grant Size
$4K
-5.2% YoY
Under IRS private-foundation payout rules, Margaret Holland Scholarship Fund Co First reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.
About Margaret Holland Scholarship Fund Co First
Based on IRS filings
Margaret Holland Scholarship Fund Co First is a private foundation focused on Education, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 15 grants totaling $61K. Net investment income was $69K.
Focus Areas
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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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,286,739 | $1,276,807 | $1,380,018 |
| Revenue | $82,501 | $-11,602 | $82,903 |
| Expenses | $74,526 | $89,436 | $95,940 |
| Qualifying Distributions | $61,100 | $77,378 | $80,210 |
| Net Investment Income | $68,590 | $20,715 | $70,046 |
| Distributable Amount | $71,781 | $65,098 | $71,137 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
68 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of South Carolina ($13,000), University of Michigan ($10,000), University of North Dakota ($9,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BRIDGEWATER COLLEGE BRIDGEWATER, VA | GENERAL PURPOSE | $6,500 |
| UNIVERSITY OF SOUTH CAROLINA COLUMBIA, SC | GENERAL PURPOSE | $13,000 |
| UNIVERSITY OF NORTH DAKOTA GRAND FORKS, ND | GENERAL PURPOSE | $9,500 |
| ARIZONA STATE UNIVERSITY TEMPE, AZ | GENERAL PURPOSE | $2,000 |
| APPALACHIAN STATE UNIVERSITY BOONE, NC | GENERAL PURPOSE | $3,200 |
| North Carolina Agricultural and Technica Greensboro, NC | EDUCATIONAL SCHOLARSHIP | $3,500 |
| Virginia Tech University VIRGINIA, VA | GENERAL | $6,500 |
| NORTH CAROLINA CENTRAL UNIVERSITY DURHAM, NC | SCHOLARSHIP | $2,000 |
| NORTH CAROLINA STATE UNIVERSITY RALEIGH, NC | GENERAL PURPOSE | $300 |
| Fayetteville State University Fayetteville, NC | GENERAL PURPOSE | $1,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FIRST CITIZENS BANK TRUST CO | TRUSTEE | 20 | $11,724 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Margaret Holland Scholarship Fund Co First?
Margaret Holland Scholarship Fund Co First is a private foundation focused on Education, based in RALEIGH, NC. It holds $1.3M in total assets as of 2024.
How large is Margaret Holland Scholarship Fund Co First?
As of 2024, Margaret Holland Scholarship Fund Co First holds $1.3M in total assets with $83K in annual revenue. It awarded 15 grants totaling $61K in 2024.
Where does Margaret Holland Scholarship Fund Co First operate?
Margaret Holland Scholarship Fund Co First has awarded grants in Arizona, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Massachusetts, Michigan, North Carolina, North Dakota, New York, Pennsylvania, South Carolina, Texas, Virginia.
What size grants does Margaret Holland Scholarship Fund Co First award?
In 2024, Margaret Holland Scholarship Fund Co First awarded 15 grants totaling $61K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Margaret Holland Scholarship Fund Co First required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Margaret Holland Scholarship Fund Co First reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Margaret Holland Scholarship Fund Co First's EIN?
Margaret Holland Scholarship Fund Co First's EIN (Employer Identification Number) is 47-6934471. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Margaret Holland Scholarship Fund Co First's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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