Patrick Beaver Scholarship Foundation

HICKORY, NC EIN: 56-2048446

Patrick Beaver Scholarship Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HICKORY, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 27 grants totaling $92K. Net investment income was $106K.

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.

About Patrick Beaver Scholarship Foundation

Based on IRS filings

Patrick Beaver Scholarship Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HICKORY, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 27 grants totaling $92K. Net investment income was $106K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AmherstBalitmoreBaltimoreBoiling SpringsBooneBuies CreekChapel HillCharlotteCoral GablesCullowheeDurhamElonGreensboroGreenvilleHickoryHigh PointHudsonJohnson CityKnoxvilleLynchburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$110K$164K$219K202020212022202320242025
Metric202520242023
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

Giving Over Time

Total grant dollars and number of grants per year

$0$26K$52K$77K$103K34 grants202034 grants202134 grants202236 grants202335 grants202427 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

KENNEDY MOULTON UNC-CHAR…$8KELLA CECIL APPALACHIAN S…$5KAMYLYN DE PAZ DUKE UNIVE…$5KTAYLOR RAMSEUR EAST CARO…$5KBRITNEE BESINGER NC STAT…$5KCANDY REYES-MONTERROSA N…$5KNERY GONZALEZ-GARCIA NC …$5KANA GRAY STANFORD UNIVER…$5KBRYEN ALVAREZ UNC-CHAPEL…$5KJADE LYTTLE UNC-CHARLOTTE$5K

Grant Size Distribution

166 grants across all recorded years

166<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Kennedy Moulton Unc-charlotte ($7,880), Ella Cecil Appalachian State Univer ($5,000), Amylyn De Paz Duke University ($5,000).

RecipientPurposeAmount
ELLA CECIL APPALACHIAN STATE UNIVER BOONE, NCSCHOLARSHIP GRANT$5,000
SARAH LINGLE APPALACHIAN STATE UNIV BOONE, NCSCHOLARSHIP GRANT$3,000
EVAN GRIFFITH CATAWBA VALLEY COMMUN HICKORY, NCSCHOLARSHIP GRANT$3,000
AASTHA PATEL DUKE UNIVERSITY DURHAM, NCSCHOLARSHIP GRANT$2,500
AMYLYN DE PAZ DUKE UNIVERSITY DURHAM, NCSCHOLARSHIP GRANT$5,000
MARIAH CULPEPPER DUKE UNIVERSITY DURHAM, NCSCHOLARSHIP GRANT$3,000
TAYLOR RAMSEUR EAST CAROLINA UNIVER GREENVILLE, NCSCHOLARSHIP GRANT$5,000
NOLAN HEATH EAST TENNESSEE STATE UN JOHNSON CITY, TNSCHOLARSHIP GRANT$3,000
WHITNEY STEWART LENOIR-RHYNE UNIVER HICKORY, NCSCHOLARSHIP GRANT$1,500
AARON CONNOLLY LIBERTY UNIVERSITY LYNCHBURG, VASCHOLARSHIP GRANT$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
TONI W ALEXANDERPRESIDENT1
JEFFREY W BEHMERTREASURER1
ANGELA B SIMMONSSECRETARY1
DEBORAH B LOOPERVICE PRESIDENT1
DONNA B MALONEDIRECTOR1
GRACE B SIMMONSDIRECTOR1
KATHRYN BEHMERDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Patrick Beaver Scholarship Foundation?

Patrick Beaver Scholarship Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HICKORY, NC. It holds $1.3M in total assets as of 2025.

How large is Patrick Beaver Scholarship Foundation?

As of 2025, Patrick Beaver Scholarship Foundation holds $1.3M in total assets with $118K in annual revenue. It awarded 27 grants totaling $92K in 2025.

Where does Patrick Beaver Scholarship Foundation operate?

Patrick Beaver Scholarship Foundation has awarded grants in California, Florida, Massachusetts, Maryland, North Carolina, Tennessee, Virginia.

What size grants does Patrick Beaver Scholarship Foundation award?

In 2025, Patrick Beaver Scholarship Foundation awarded 27 grants totaling $92K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Patrick Beaver Scholarship Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Patrick Beaver Scholarship Foundation reported a distributable amount of $120K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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