Patrick Beaver Scholarship Foundation
The Patrick Beaver Scholarship Foundation is a private foundation based in Hickory, North Carolina. Its 2025 filing lists grants designated as scholarship grants to named recipients at colleges and universities.
Key facts about Patrick Beaver Scholarship Foundation
In short: Patrick Beaver Scholarship Foundation gave $92K across 27 grants in 2025 (avg $3K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- EIN
- 56-2048446
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $92,380
- Grants made (2025)
- 27
- Average grant
- $3,421
- Median grant
- $3,000
- Total assets
- $1,332,628
- Primary geography
- North Carolina (90% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.3M
-0.1% YoY
Annual Giving
$92K
-10.3% YoY
Grant Count
27
-22.9% YoY
Avg Grant Size
$3K
+16.3% YoY
Under IRS private-foundation payout rules, Patrick Beaver Scholarship Foundation reported a distributable amount of $120K for 2025 — the minimum it must pay out in qualifying distributions.
How Patrick Beaver Scholarship Foundation gives
- Giving held roughly steady from 2022 to 2025 (+9%). Method
- In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
The grant purposes listed for 2025 are scholarship grants.
Grantmaking
In filing year 2025, the foundation reported 27 grants totaling $92,380. Grants ranged from $1,500 to $7,880, with a median of $3,000.
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Geographic Focus
Where this funder awards grants
In 2025, 90% of grant dollars went to recipients in North Carolina. The remaining grant dollars went to recipients in California (5%), Tennessee (3%), and Virginia (2%).
Grant Distribution by State
Share of all 27 itemized 2025 grant dollars.
Cities
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 2025
Grant Size Distribution
166 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| KENNEDY MOULTON UNC-CHARLOTTE Charlotte, NC | SCHOLARSHIP GRANT | $7,880 |
| ELLA CECIL APPALACHIAN STATE UNIVER Boone, NC | SCHOLARSHIP GRANT | $5,000 |
| AMYLYN DE PAZ DUKE UNIVERSITY Durham, NC | SCHOLARSHIP GRANT | $5,000 |
| TAYLOR RAMSEUR EAST CAROLINA UNIVER Greenville, NC | SCHOLARSHIP GRANT | $5,000 |
| BRITNEE BESINGER NC STATE UNIVERSIT Raleigh, NC | SCHOLARSHIP GRANT | $5,000 |
| CANDY REYES-MONTERROSA NC STATE UNI Raleigh, NC | SCHOLARSHIP GRANT | $5,000 |
| NERY GONZALEZ-GARCIA NC STATE UNIVE Raleigh, NC | SCHOLARSHIP GRANT | $5,000 |
| ANA GRAY STANFORD UNIVERSITY Stanford, CA | SCHOLARSHIP GRANT | $5,000 |
| BRYEN ALVAREZ UNC-CHAPEL HILL Chapel Hill, NC | SCHOLARSHIP GRANT | $5,000 |
| JADE LYTTLE UNC-CHARLOTTE Charlotte, NC | SCHOLARSHIP GRANT | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $1,332,628 | $117,763 | $118,886 | $92,380 |
| 2024 | $1,333,751 | $66,184 | $130,808 | $103,000 |
| 2023 | $1,395,375 | $86,776 | $136,632 | $100,750 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,332,628 | $1,333,751 | $1,395,375 |
| Revenue | $117,763 | $66,184 | $86,776 |
| Expenses | $118,886 | $130,808 | $136,632 |
| Qualifying Distributions | $108,149 | $119,753 | $128,971 |
| Net Investment Income | $105,973 | $55,079 | $75,014 |
| Distributable Amount | $119,645 | $118,531 | $107,803 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Toni W Alexander as president, Jeffrey W Behmer as treasurer, Angela B Simmons as secretary, and Deborah B Looper as vice president. Directors listed are Donna B Malone, Grace B Simmons, and Kathryn Behmer.
Patrick Beaver Scholarship Foundation is led by Toni W. Alexander, President since 2022 (on filings since 2020); none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Toni W. Alexander
President
Director → President, 2022
On filings since 2020
1 hr/week
No compensation reported
Donna B. Malone
Director
On filings since 2020
1 hr/week
No compensation reported
Grace B. Simmons
Director
On filings since 2022
1 hr/week
No compensation reported
Kathryn Behmer
Director
On filings since 2024
1 hr/week
No compensation reported
Angela B. Simmons
Secretary
Secretary & Director → Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
Deborah B. Looper
Vice President
Director & Vice President → Vice President, 2021
On filings since 2020
1 hr/week
No compensation reported
Jeffrey W. Behmer
Treasurer
Director → Treasurer, 2022
On filings since 2021
1 hr/week
No compensation reported
Former officers (2)
- Former: Patricia A. Anderson (2020–2023) — Director
- Former: Donald C. Beaver (2020–2021) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 2425 North Center Street 362, Hickory, NC 28601
Phone: (828) 325-0655
Frequently asked questions about Patrick Beaver Scholarship Foundation
How much does Patrick Beaver Scholarship Foundation give each year?
Patrick Beaver Scholarship Foundation gave $92K across 27 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $103K across 35 grants.
What is Patrick Beaver Scholarship Foundation's typical grant size?
Patrick Beaver Scholarship Foundation's median grant in 2025 was $3,000, and its average grant was $3,421, across 27 grants on its 2025 IRS Form 990-PF.
Where does Patrick Beaver Scholarship Foundation give grants?
Patrick Beaver Scholarship Foundation gives mostly in North Carolina: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (5%). The most frequent recipient cities were Charlotte, NC (5 grants), Raleigh, NC (5 grants), Chapel Hill, NC (5 grants) and Durham, NC (3 grants).
Does Patrick Beaver Scholarship Foundation give general operating support?
Not in 2025: none of the 27 grants with a stated purpose on Patrick Beaver Scholarship Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship Grant" (27 grants).
Who are Patrick Beaver Scholarship Foundation's largest grantees?
Patrick Beaver Scholarship Foundation's largest 2025 grantees include Kennedy Moulton UNC-Charlotte ($7,880), Ella Cecil Appalachian State Univer ($5,000) and Amylyn De Paz Duke University ($5,000), according to its 2025 IRS Form 990-PF. Together they received 19% of its itemized 2025 grant dollars.
How large is Patrick Beaver Scholarship Foundation?
Patrick Beaver Scholarship Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $108K in qualifying distributions that year, against a required minimum of $120K (roughly 5% of its investment assets).
What does Patrick Beaver Scholarship Foundation fund?
The grant purposes listed for 2025 are scholarship grants.
How do I apply for a grant from Patrick Beaver Scholarship Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Patrick Beaver Scholarship Foundation's EIN?
Patrick Beaver Scholarship Foundation's EIN (Employer Identification Number) is 56-2048446. IRS Form 990 filing data is available on this page for 2020–2025.
Does Patrick Beaver Scholarship Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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