President's Legacy Scholarship Fund

WASHINGTON, DC EIN: 52-1039445

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 grants totaling $10K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$211K

-1.2% YoY

Annual Giving

$10K

-16.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$10K

-16.9% YoY

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.

About President's Legacy Scholarship Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $22K (41%)

Georgia $12K (23%)

Oregon $12K (22%)

Texas $8K (14%)

States

Georgia Michigan Oregon Texas

Cities

Ann ArborAtlantaEl PasoPortland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$211,098	$213,765	$215,887
Revenue	$6,032	$4,367	$-10,497
Expenses	$9,990	$12,198	$12,430
Qualifying Distributions	$9,900	$11,852	$12,377
Net Investment Income	$6,221	$5,958	$2,883
Distributable Amount	$10,376	$10,497	$11,293

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Michigan ($9,562).

Recipient	Purpose	Amount
UNIVERSITY OF MICHIGAN ANN ARBOR, MI	SCHOLARSHIP	$9,562

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM BAKER	TRUSTEE	0.25	—
DOUGLAS DORITY	TRUSTEE	0.25	—
FRANK DININGER	TRUSTEE	0.25	—
MILTON JONES	TRUSTEE	0.25	—
JACQUES LOVEALL	TRUSTEE	0.25	—

Frequently Asked Questions

How large is President's Legacy Scholarship Fund?

As of 2024, President's Legacy Scholarship Fund holds $211K in total assets with $6K in annual revenue. It awarded 1 grants totaling $10K in 2024.

Where does President's Legacy Scholarship Fund operate?

President's Legacy Scholarship Fund has awarded grants in Georgia, Michigan, Oregon, Texas.

What size grants does President's Legacy Scholarship Fund award?

In 2024, President's Legacy Scholarship Fund awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is President's Legacy Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, President's Legacy Scholarship Fund reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.