Newhouse Scholarship Trust Fund

CULPEPER, VA EIN: 54-6260176

Newhouse Scholarship Trust Fund is a private foundation, based in CULPEPER, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $187K in total assets. In 2024, it awarded 4 grants totaling $7K. Net investment income was $36K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$187K

+16.2% YoY

Annual Giving

$7K

-14.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

-14.5% YoY

Under IRS private-foundation payout rules, Newhouse Scholarship Trust Fund reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

About Newhouse Scholarship Trust Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $39K (91%)

South Carolina $4K (9%)

States

South Carolina Virginia

Cities

BlacksburgCharlottesvilleConwayCulpeperFairfaxFarmvilleFredericksburgHarrisonburgLocust GroveNewport NewsRichmondWinchester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$187,478	$161,279	$165,878
Revenue	$38,062	$8,270	$20,230
Expenses	$11,863	$12,869	$13,136
Qualifying Distributions	$9,529	$10,370	$10,720
Net Investment Income	$35,812	$6,020	$17,926
Distributable Amount	$9,469	$9,193	$9,918

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include George Mason University Fbo John Johnson Jr ($1,738), University of Mary Washington Fbo Angela Elizabeth Hope Noelle ($1,738), Shenandoah University Fbo Dinaysha Holmes ($1,738).

Recipient	Purpose	Amount
GEORGE MASON UNIVERSITY FBO JOHN JOHNSON JR FAIRFAX, VA	SCHOLARSHIP	$1,738
UNIVERSITY OF MARY WASHINGTON FBO ANGELA ELIZABETH HOPE NOELLE FREDERICKSBURG, VA	SCHOLARSHIP	$1,738
SHENANDOAH UNIVERSITY FBO DINAYSHA HOLMES WINCHESTER, VA	SCHOLARSHIP	$1,738
LONGWOOD UNIVERSITY FBO NORA MELTON FARMVILLE, VA	SCHOLARSHIP	$1,738

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ATLANTIC UNION	TRUSTEE	1	$2,500

Frequently Asked Questions

How large is Newhouse Scholarship Trust Fund?

As of 2024, Newhouse Scholarship Trust Fund holds $187K in total assets with $38K in annual revenue. It awarded 4 grants totaling $7K in 2024.

Where does Newhouse Scholarship Trust Fund operate?

Newhouse Scholarship Trust Fund has awarded grants in South Carolina, Virginia.

What size grants does Newhouse Scholarship Trust Fund award?

In 2024, Newhouse Scholarship Trust Fund awarded 4 grants totaling $7K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Newhouse Scholarship Trust Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Newhouse Scholarship Trust Fund reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Newhouse Scholarship Trust Fund's EIN?

Newhouse Scholarship Trust Fund's EIN (Employer Identification Number) is 54-6260176. IRS Form 990 filing data is available on this page for 2020–2024.