Richard Wells Walker Scholarship is a private foundation focused on Education, based in Oriental, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 29 grants totaling $120K. Net investment income was $148K.
Key facts about Richard Wells Walker Scholarship
- EIN
- 13-4222452
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $120,000
- Grants made (2024)
- 29
- Average grant
- $4,138
- Median grant
- $3,000
- Total assets
- $2,796,310
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Richard Wells Walker Scholarship funds
By grant dollars, the top recipient states for Richard Wells Walker Scholarship's 29 itemized 2024 grants were North Carolina (100%). The most frequent recipient cities were Oriental, NC (14 grants), New Bern, NC (6 grants), Bayboro, NC (3 grants) and Merritt, NC (3 grants). None of its 29 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (29 grants).
How Richard Wells Walker Scholarship gives
- Giving held roughly steady from 2021 to 2024 (−5%). Method
- In 2024 it paid out 93% 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.
Next steps with Richard Wells Walker Scholarship
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
+0.2% YoY
Annual Giving
$120K
-1.2% YoY
Grant Count
29
-6.5% YoY
Avg Grant Size
$4K
+5.6% YoY
Under IRS private-foundation payout rules, Richard Wells Walker Scholarship reported a distributable amount of $155K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard Wells Walker Scholarship
Based on IRS filings
Richard Wells Walker Scholarship is a private foundation focused on Education, based in Oriental, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 29 grants totaling $120K. Net investment income was $148K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 29 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,796,310 | $2,792,107 | $2,867,901 |
| Revenue | $167,868 | $77,786 | $134,364 |
| Expenses | $163,447 | $160,080 | $162,194 |
| Qualifying Distributions | $143,516 | $142,482 | $144,943 |
| Net Investment Income | $147,937 | $60,188 | $117,113 |
| Distributable Amount | $155,128 | $137,870 | $140,969 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 2024
Grant Size Distribution
155 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Noah Alexander Johnson ($12,500), Layla Grace Prescott ($8,000), Abby Elise Harwick ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NOAH ALEXANDER JOHNSON New Bern, NC | SCHOLARSHIP | $12,500 |
| LAYLA GRACE PRESCOTT New Bern, NC | SCHOLARSHIP | $8,000 |
| ABBY ELISE HARWICK Oriental, NC | SCHOLARSHIP | $7,000 |
| JAMES DALAS DURHAM Oriental, NC | SCHOLARSHIP | $5,000 |
| LUCINDA BERRY DAY Oriental, NC | SCHOLARSHIP | $5,000 |
| MARCUS GEORGE TYSON Oriental, NC | SCHOLARSHIP | $5,000 |
| SARAH ELIZABETH HENRIES Blounts Creek, NC | SCHOLARSHIP | $5,000 |
| TAYLOR DIANE BUCK Oriental, NC | SCHOLARSHIP | $5,000 |
| TRINITY ALEXYS GOSWICK Oriental, NC | SCHOLARSHIP | $5,000 |
| WILLIAM SCOTT PICKARD Oriental, NC | SCHOLARSHIP | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Paul J Delamar Jr | President | 20 | — |
| Charles Brinson Dees | Secretary | 12 | — |
| David Williams | Director | 12 | — |
| Paul J Delamar III | Director | 12 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard Wells Walker Scholarship?
Richard Wells Walker Scholarship is a private foundation focused on Education, based in Oriental, NC. It holds $2.8M in total assets as of 2024.
How large is Richard Wells Walker Scholarship?
As of 2024, Richard Wells Walker Scholarship holds $2.8M in total assets with $168K in annual revenue. It awarded 29 grants totaling $120K in 2024.
Where does Richard Wells Walker Scholarship operate?
Richard Wells Walker Scholarship has awarded grants in North Carolina.
What size grants does Richard Wells Walker Scholarship award?
In 2024, Richard Wells Walker Scholarship awarded 29 grants totaling $120K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Richard Wells Walker Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard Wells Walker Scholarship reported a distributable amount of $155K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard Wells Walker Scholarship's EIN?
Richard Wells Walker Scholarship's EIN (Employer Identification Number) is 13-4222452. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.