President's Legacy Scholarship Fund
President's Legacy Scholarship Fund is a private foundation, based in Washington, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $211K in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $6K.
President's Legacy Scholarship Fund at a glance
In short: President's Legacy Scholarship Fund gave $10K across 1 grant in 2024 (avg $10K), mostly in Michigan. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $9,562
- -16.9% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $9,562
- -16.9% vs 2023
- Median grant
- $9,562
- Total assets
- $211,098
- -1.2% vs 2023
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who President's Legacy Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was University of Michigan ($10K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How President's Legacy Scholarship Fund gives
- Giving fell 20% from 2021 to 2024. Method
- In 2024 it paid out 95% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $8K (2020) to $12K (2022). In 2024 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Michigan Ann Arbor, MI | Scholarship | $9,562 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $211,098 | $6,032 | $9,990 | $9,562 | 1 | $9,900 | $6,221 | $10,376 |
| 2023 | $213,765 | $4,367 | $12,198 | $11,500 | 1 | $11,852 | $5,958 | $10,497 |
| 2022 | $215,887 | $-10,497 | $12,430 | $12,025 | 1 | $12,377 | $2,883 | $11,293 |
| 2021 | $244,319 | $3,824 | $12,477 | $12,025 | 1 | $12,377 | $3,824 | $12,354 |
| 2020 | $259,512 | $7,182 | $8,114 | $7,500 | 1 | — | $7,182 | $12,570 |
Under IRS private-foundation payout rules, President's Legacy Scholarship Fund reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
President's Legacy Scholarship Fund's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Douglas Dority
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Frank Dininger
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Jacques Loveall
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
William Baker
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Milton Jones
Trustee
New on the 2024 filing
0.3 hrs/week
No compensation reported
Former officers (2)
- Former: Warren S. Barclay (2020–2023) — Trustee
- Former: Jack Loveall (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about President's Legacy Scholarship Fund
How much does President's Legacy Scholarship Fund give each year?
President's Legacy Scholarship Fund gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $12K across 1 grant.
How large is President's Legacy Scholarship Fund?
President's Legacy Scholarship Fund reported $211K in total assets on its 2024 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does President's Legacy Scholarship Fund operate?
President's Legacy Scholarship Fund has awarded grants in Georgia, Michigan, Oregon, Texas.
What is President's Legacy Scholarship Fund's EIN?
President's Legacy Scholarship Fund's EIN (Employer Identification Number) is 52-1039445. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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