Roy Virgil & Mildred Scholarship Fund

Foundation · Grantmaker SAINT LOUIS, MO EIN: 35-6432978

Roy Virgil & Mildred Scholarship Fund is a private foundation focused on Education, based in SAINT LOUIS, MO. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $410K in total assets. In 2024, it awarded 2 grants totaling $23K. Net investment income was $14K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$410K

-2.5% YoY

Annual Giving

$23K

+13.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$11K

+13.6% YoY

Under IRS private-foundation payout rules, Roy Virgil & Mildred Scholarship Fund reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About Roy Virgil & Mildred Scholarship Fund

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $75K (67%)

Ohio $38K (33%)

States

Indiana Ohio

Cities

Fort WaynePort Clinton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$409,769	$420,326	$429,458
Revenue	$21,373	$19,337	$8,825
Expenses	$31,913	$28,484	$29,487
Qualifying Distributions	$24,418	$21,663	$21,213
Net Investment Income	$14,141	$12,014	$5,010
Distributable Amount	$23,561	$22,284	$24,428

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Questa Foundation for Education Inc ($15,000), H B Magruder Memorial Hospital ($7,500).

Recipient	Purpose	Amount
H B MAGRUDER MEMORIAL HOSPITAL PORT CLINTON, OH	GENERAL OPERATING	$7,500
QUESTA FOUNDATION FOR EDUCATION INC FORT WAYNE, IN	GENERAL OPERATING	$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$7,912

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Roy Virgil & Mildred Scholarship Fund?

Roy Virgil & Mildred Scholarship Fund is a private foundation focused on Education, based in SAINT LOUIS, MO. It holds $410K in total assets as of 2024.

How large is Roy Virgil & Mildred Scholarship Fund?

As of 2024, Roy Virgil & Mildred Scholarship Fund holds $410K in total assets with $21K in annual revenue. It awarded 2 grants totaling $23K in 2024.

Where does Roy Virgil & Mildred Scholarship Fund operate?

Roy Virgil & Mildred Scholarship Fund has awarded grants in Indiana, Ohio.

What size grants does Roy Virgil & Mildred Scholarship Fund award?

In 2024, Roy Virgil & Mildred Scholarship Fund awarded 2 grants totaling $23K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Roy Virgil & Mildred Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Roy Virgil & Mildred Scholarship Fund reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Roy Virgil & Mildred Scholarship Fund's EIN?

Roy Virgil & Mildred Scholarship Fund's EIN (Employer Identification Number) is 35-6432978. IRS Form 990 filing data is available on this page for 2019–2024.