Robert W McCormick Scholarship Fund Trust

Private foundation · Grantmaker Charles Town, WV EIN: 55-0734149

The Robert W McCormick Scholarship Fund is a private foundation based in Charles Town, West Virginia. It awards scholarships to eligible students graduating from public high schools in Jefferson County who attend public colleges or universities in West Virginia.

Key facts about Robert W McCormick Scholarship Fund Trust

In short: Robert W McCormick Scholarship Fund Trust gave $124K across 24 grants in 2026 (avg $5K), mostly in West Virginia. Source: 2026 IRS Form 990-PF.

EIN
55-0734149
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$124,439
Grants made (2026)
24
Average grant
$5,185
Median grant
$2,330
Total assets
$1,811,684
Primary geography
West Virginia (100% of itemized 2026 grant dollars)
How to apply
Applicants should contact Potomac Bank, Co-Trustee, and complete a detailed application. Full details ↓
Deadline
February 20 each year.

Data from IRS Form 990-PF, 2026; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$1.8M

-3.1% YoY

Annual Giving

$124K

+46.6% YoY

Grant Count

24

+20.0% YoY

Avg Grant Size

$5K

+22.2% YoY

Under IRS private-foundation payout rules, Robert W McCormick Scholarship Fund Trust reported a distributable amount of $128K for 2026 — the minimum it must pay out in qualifying distributions.

How Robert W McCormick Scholarship Fund Trust gives

  • Giving held roughly steady from 2023 to 2026 (−18%). Method
  • In 2026 it paid out 97% 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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The fund’s stated scholarship program supports students based on grades, financial need, and good citizenship or community service. Awards may cover tuition and fees, and room and board.

Grantmaking

In filing year 2026, the fund reported 24 grants totaling $124,439. Grant amounts ranged from $50 to $15,800, with a median of $2,330. The largest listed awards included $15,800 each to Hannah M. Goode of Ranson and Gabriela R. Rodriguez of Martinsburg for room and board, and $13,408 to Kaitlyn M. Baker of Ranson for room and board.

Review Cycle

February 20 each year.

How to Apply

Applicants should contact Potomac Bank, Co-Trustee, and complete a detailed application. Required materials include school records, financial information showing need, a record of community service, honors and awards, two letters of recommendation, and an essay explaining why the applicant should receive the scholarship. Applicants must graduate from high school with a “B” average. Recipients must attend a West Virginia public college or university full time and maintain a “B” average each year. The maximum award is $10,000 per semester. Federal Pell Grants and WV PROMISE Scholarship amounts are subtracted from tuition and room-and-board amounts awarded by the scholarship. Children of Potomac Bank directors, the president, or vice presidents, and children of principals in the law firm of F. Samuel Byrer, are ineligible.

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Geographic Focus

Where this funder awards grants

Scholarship applicants must graduate from a public high school located in Jefferson County, West Virginia, and attend a public college or university in West Virginia. In filing year 2026, all reported grant dollars went to recipients in West Virginia.

Grant Distribution by State

1state

Share of 2026 grant dollars across all 24 itemized grants.

Cities

RansonCharles TownMartinsburgGerrardstownHarpers FerryHedgesvilleKearnesyvilleKearneysvilleShenandoah JunctionShepherdstownSummit Point

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K84 grants2020 69 grants2021 45 grants2022 31 grants2023 24 grants2024 20 grants2025 24 grants2026

From 2020 to 2026, annual grant giving ranged from $85K (2025) to $477K (2020). In 2026 it made 24 grants totaling $124K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2026

Goode Hannah M: $16KGoode Hannah M$16KRodriguez Gabriela R: $16KRodriguez Gabriela R$16KBaker Kaitlyn M: $13KBaker Kaitlyn M$13KDuffy Ella H: $8KDuffy Ella H$8KOwens Elizabeth C: $8KOwens Elizabeth C$8KRobinson Marcia K: $8KRobinson Marcia K$8KGwynn Lylah: $7KGwynn Lylah$7KPatel Eesha D: $375Patel Eesha D$375

The largest 2026 recipient was Goode Hannah M ($16K). Together the top 8 received $76K.

Organizations only. It also paid 16 grants to individuals ($48,261), which are not listed by name.

Grant Size Distribution

144 grants across all recorded years

144<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 144 grants of 144 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Goode Hannah M Ranson, WVRoom and Board$15,800
Rodriguez Gabriela R Martinsburg, WVRoom and Board$15,800
Baker Kaitlyn M Ranson, WVRoom and Board$13,408
16 grants to individuals Recipients not named —$48,261
Duffy Ella H Charles Town, WVRoom and Board$8,396
Owens Elizabeth C Ranson, WVRoom and Board$8,198
Robinson Marcia K Charles Town, WVRoom and Board$7,592
Gwynn Lylah Ranson, WVRoom and Board$6,609
Patel Eesha D Charles Town, WVRoom and Board$375

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant total Grant count
2026 $1,811,684 $110,330 $168,475 $124,439 24
2025 $1,869,829 $120,665 $126,802 $84,870 20
2024 $1,875,966 $111,102 $173,361 $134,009 24
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$1,811,684$1,869,829$1,875,966
Revenue$110,330$120,665$111,102
Expenses$168,475$126,802$173,361
Qualifying Distributions$124,439$84,870$134,009
Net Investment Income$67,112$80,617$70,471
Distributable Amount$128,180$123,766$116,730

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS June 9, 2026)
  2. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Leadership team and compensation from IRS filings

F. Samuel Byrer is listed as Co-Trustee.

Robert W McCormick Scholarship Fund Trust is led by F. Samuel Byrer, Co-Trustee on every filing since 2020 — the only officer listed, and compensated.

Officers on the 2026 filing

  • F. Samuel Byrer

    Co-Trustee

    On filings since 2020

    1.5 hrs/week

    $14K (2020) → $14K (2026)

Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

F Samuel Byrer — Co-Trustee: $14KF Samuel ByrerCo-Trustee$14K

The highest reported compensation on the 2026 filing was $14K, to F Samuel Byrer (Co-Trustee).

Contact

Application contact: Potomac Bank Co-Trustee
Mailing address: Po Drawer 40, Charles Town, WV 25414
Phone: (304) 728-2435

Frequently asked questions about Robert W McCormick Scholarship Fund Trust

How much does Robert W McCormick Scholarship Fund Trust give each year?

Robert W McCormick Scholarship Fund Trust gave $124K across 24 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $85K across 20 grants.

What is Robert W McCormick Scholarship Fund Trust's typical grant size?

Robert W McCormick Scholarship Fund Trust's median grant in 2026 was $2,330, and its average grant was $5,185, across 24 grants on its 2026 IRS Form 990-PF.

Where does Robert W McCormick Scholarship Fund Trust give grants?

Robert W McCormick Scholarship Fund Trust gives mostly in West Virginia: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Ranson, WV (4 grants) and Charles Town, WV (3 grants).

Does Robert W McCormick Scholarship Fund Trust give general operating support?

Not in 2026: none of the 24 grants with a stated purpose on Robert W McCormick Scholarship Fund Trust's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Books and Supplies" (8 grants), "Tuition and Fees" (8 grants) and "Room and Board" (8 grants).

Who are Robert W McCormick Scholarship Fund Trust's largest grantees?

Robert W McCormick Scholarship Fund Trust's largest 2026 grantees include Goode Hannah M ($15,800), Rodriguez Gabriela R ($15,800) and Baker Kaitlyn M ($13,408), according to its 2026 IRS Form 990-PF. It also paid 16 grants to individuals ($48,261), which are not listed by name. Together they received 36% of its itemized 2026 grant dollars.

How large is Robert W McCormick Scholarship Fund Trust?

Robert W McCormick Scholarship Fund Trust reported $1.8M in total assets on its 2026 IRS Form 990-PF. It paid out $124K in qualifying distributions that year, against a required minimum of $128K (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.

What does Robert W McCormick Scholarship Fund Trust fund?

The fund’s stated scholarship program supports students based on grades, financial need, and good citizenship or community service. Awards may cover tuition and fees, and room and board. See mission & focus areas ↑

How do I apply for a grant from Robert W McCormick Scholarship Fund Trust?

Applicants should contact Potomac Bank, Co-Trustee, and complete a detailed application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Robert W McCormick Scholarship Fund Trust's EIN?

Robert W McCormick Scholarship Fund Trust's EIN (Employer Identification Number) is 55-0734149. IRS Form 990 filing data is available on this page for 2020–2026.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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