Owens Scholarship Trust Co-Tua

Private foundation · Grantmaker Orlando, FL EIN: 56-6532306

Owens Scholarship Trust Co-Tua is a private foundation based in Orlando, Florida. Its 2025 filing reports scholarship grants to individual recipients in North Carolina.

Owens Scholarship Trust Co-Tua at a glance

In short: Owens Scholarship Trust Co-Tua gave $133K across 19 grants in 2025 (avg $7K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$133,000
+6.2% vs 2024
Grants made (2025)
19
+11.8% vs 2024
Average grant
$7,000
-5.0% vs 2024
Median grant
$7,000
Total assets
$2,380,716
+0.6% vs 2024
Primary geography
North Carolina (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Owens Scholarship Trust Co-Tua

How to Apply

The 2024 filing says applicants should request a form from the Wilson County Schools superintendent’s office. Its stated restrictions are that applicants be Wilson County residents, attend a public school, and have a GPA of 3.0 or better.

Review Cycle
The filing states April 1 each year. The April 1, 2026 deadline has passed.
Deadline
The filing states April 1 each year.
Contact

Application contact: Dr Larry Price - Wilson Cnty School
Mailing address: 117 N Tarboro St, Wilson, NC 27893
Phone: (252) 399-7700

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Owens Scholarship Trust Co-Tua funds

How this funder distributes its grants

Grant Size Distribution

83 grants across all recorded years

83<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 83 grants of 83 (100%).

Geographic Focus

Where this funder awards grants

All grant dollars reported for 2025 went to recipients in North Carolina. The application restrictions stated on the 2024 filing specify Wilson County residents.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 19 itemized grants.

Cities

WilsonBooneChapel HillCharlotteDurhamFayettevilleGreensboroGreenvilleRaleighWilmingtonWinston-Salem

How Owens Scholarship Trust Co-Tua gives

  • Giving grew 34% from 2022 to 2025. Method
  • In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K18 grants2021 15 grants2022 14 grants2023 17 grants2024 19 grants2025

From 2021 to 2025, annual grant giving ranged from $92K (2023) to $156K (2021). In 2025 it made 19 grants totaling $133K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
19 individual scholarships Recipients not named —$133,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,380,716$173,959$165,505$133,00019$155,471$156,585$140,878
2024$2,365,929$14,628$190,336$125,27017$163,898$63,182$144,167
2023$2,524,725$639,679$136,994$92,16014$123,449$626,433$139,711
2022$1,996,392$62,876$154,388$99,16015$134,870$47,658$152,287
2021$2,074,265$82,554$207,895$155,54018—$64,383$156,834

Under IRS private-foundation payout rules, Owens Scholarship Trust Co-Tua reported a distributable amount of $141K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

No mission statement is provided. The 2025 grants were designated for scholarships to individual recipients.

Grantmaking

In 2025, the foundation reported 19 grants totaling $133,000. Each grant was $7,000. The largest listed awards were $7,000 scholarships to individual recipients in North Carolina.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Truist Bank as trustee.

Owens Scholarship Trust Co-Tua's only listed officer is Truist Bank, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Truist Bank

    Trustee

    On filings since 2022

    1 hr/week

    $35K (2022) → $19K (2025)

Former officers (6)
  • Former: Glenn Reaves (2021–2022) — Committee
  • Former: Jerry Simmons (2021–2022) — Committee
  • Former: Larry Price (2021–2022) — Committee
  • Former: Steve Ellis (2021–2022) — Committee
  • Former: Will Winslow (2021–2022) — Committee
  • Former: Truist Bank N A (2021) — Trustee

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.

Compensation Overview

From 2025 IRS filing

Truist Bank — Trustee: $19KTruist BankTrustee$19K

The highest reported compensation on the 2025 filing was $19K, to Truist Bank (Trustee).

Frequently asked questions about Owens Scholarship Trust Co-Tua

How much does Owens Scholarship Trust Co-Tua give each year?

Owens Scholarship Trust Co-Tua gave $133K across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $125K across 17 grants.

What is Owens Scholarship Trust Co-Tua's typical grant size?

Owens Scholarship Trust Co-Tua's median grant in 2025 was $7,000, and its average grant was $7,000, across 19 grants on its 2025 IRS Form 990-PF.

Where does Owens Scholarship Trust Co-Tua give grants?

Owens Scholarship Trust Co-Tua gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Owens Scholarship Trust Co-Tua give general operating support?

Not in 2025: none of the 19 grants with a stated purpose on Owens Scholarship Trust Co-Tua's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (19 grants).

How large is Owens Scholarship Trust Co-Tua?

Owens Scholarship Trust Co-Tua reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $155K in qualifying distributions that year, against a required minimum of $141K (roughly 5% of its investment assets).

What does Owens Scholarship Trust Co-Tua fund?

No mission statement is provided. The 2025 grants were designated for scholarships to individual recipients. See mission & focus areas ↑

How do I apply for a grant from Owens Scholarship Trust Co-Tua?

The 2024 filing says applicants should request a form from the Wilson County Schools superintendent’s office. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Owens Scholarship Trust Co-Tua's EIN?

Owens Scholarship Trust Co-Tua's EIN (Employer Identification Number) is 56-6532306. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Owens Scholarship Trust Co-Tua's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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