Scholarship Foundation Inc
Scholarship Foundation Inc is a private foundation based in Sheffield, Alabama. Its 2024 filing describes direct charitable activity as scholarships for ministerial studies at various universities and charitable giving.
Scholarship Foundation Inc at a glance
In short: Scholarship Foundation Inc gave $92K across 16 grants in 2025 (avg $6K), mostly in Alabama. 18% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $92,000
- +17.9% vs 2024
- Grants made (2025)
- 16
- -5.9% vs 2024
- Average grant
- $5,750
- +25.3% vs 2024
- Median grant
- $3,000
- Total assets
- $1,473,403
- +2.3% vs 2024
- New grantees (estimate)
- 18% first-time grantees (2 of 11, 2025; small sample)
- Primary geography
- Alabama (84% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Scholarship Foundation Inc
- How to Apply
-
The 2024 filing says the foundation does not restrict giving to preselected organizations. It lists applications as handwritten or word processed, with no restrictions on awards. The filing names Howell T Heflin Jr as the contact for applications.
- Review Cycle
- The 2024 filing lists “June 30 - before year end.” The June 30, 2024 date was in the past.
- Deadline
- The 2024 filing lists “June 30 - before year end.” The June 30, 2024 date was in the past.
- Contact
Application contact: Howell T Heflin Jr
Mailing address: 413 Darby Avenue, Sheffield, AL 35660
Phone: (256) 483-9713
Email: tom@tomheflinlaw.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Scholarship Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Alabama Service Project ($40K across 2 grants). Together the top 10 received $86K.
Organizations only. It also paid 1 individual scholarship ($1,000), which are not listed by name.
Grant Size Distribution
61 grants across all recorded years
The most common grant size was under $50K: 59 grants of 61 (97%).
Geographic Focus
Where this funder awards grants
In 2025, 84% of grant dollars went to recipients in Alabama and 16% to recipients in Tennessee.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
Cities
Is Scholarship Foundation Inc open to new grantees?
18%
first-time grantees, 2025
In 2025, 2 of 11 grantees (18%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $3K; repeat grants $8K. How we count
Medians: $3K first-time, $2K repeat.
- 55% of 2025 grantees were also funded in 2024. Method
- Giving grew 48% from 2022 to 2025. Method
- In 2024 it paid out 121% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $60K (2021) to $92K (2025). In 2025 it made 16 grants totaling $92K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alabama Service Project Birmingham, AL | Alabama Educ Proj Good Shephard Montgomery | $35,000 |
| Harvesters of Hope Tuscaloosa, AL | Scholarship | $10,000 |
| University of the South Sewanee, TN | Scholarship | $10,000 |
| Alabama Service Project Sewanee, TN | Scholarship Financial Aid | $5,000 |
| University of Alabama Scholar Found Tuscaloosa, AL | Scholarship Endowed Fund | $5,000 |
| Unversity of Alabama Class 79 Tuscaloosa, AL | Law School Foundation | $5,000 |
| National Alumni Assoc Tuscaloosa, AL | Scholarship R Hood | $4,000 |
| University of North Alabama Florence, AL | Scholarship ML King | $4,000 |
| University of North Alabama Florence, AL | Scholarship | $2,000 |
| Helen Keller Tuscumbia, AL | Helen Keller Library | $2,000 |
Ready to take the next step with Scholarship Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,473,403 | $22,988 | $2,636 | $92,000 | 16 | $92,000 | $22,988 | — |
| 2024 | $1,440,296 | $23,652 | $2,258 | $78,000 | 17 | $78,000 | $23,652 | $64,547 |
| 2023 | $1,335,454 | $21,851 | $4,540 | $69,000 | 9 | $69,000 | $21,851 | $60,561 |
| 2022 | $1,273,037 | $-4,612 | $427 | $62,000 | 6 | $62,000 | $22,718 | $58,949 |
| 2021 | $1,387,493 | $23,160 | $1,643 | $60,000 | 13 | — | $21,517 | $57,270 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s 2024 filing describes its activity as scholarships for ministerial studies at various universities and charitable giving. Its 2025 grants include awards designated for scholarships and financial aid, as well as support for educational projects and other charitable purposes.
The University of the South, which received $10,000 in 2025, describes its College of Arts and Sciences as committed to developing the whole person through a high-quality liberal arts education. Its School of Theology says it educates women and men for ordained and lay vocations in the Episcopal Church.
Grantmaking
In 2025, the foundation made 16 grants totaling $92,000. Grant amounts ranged from $1,000 to $35,000, with a median of $3,000.
Among the largest listed awards were $35,000 to Alabama Service Project for “ALABAMA EDUC PROJ GOOD SHEPHARD MONTGOMERY”; $10,000 each to Harvesters of Hope for scholarships and the University of the South for scholarships; and $5,000 each to Alabama Service Project for scholarship financial aid, University of Alabama Scholar Found for an endowed scholarship fund, and Unversity of Alabama Class 79 for a law school foundation. Other listed awards included $4,000 to National Alumni Assoc for “SCHOLARSHIP R HOOD” and $4,000 to the University of an individual recipient for a scholarship designated “ML KING.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Howell T Heflin Jr as president and Cornelia Heflin as secretary-treasurer.
Scholarship Foundation Inc is led by Howell T. Heflin Jr., President on every filing since 2021; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Howell T. Heflin Jr.
President
On filings since 2021
No compensation reported
Cornelia Heflin
Secretarytreasurer
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Scholarship Foundation Inc
How much does Scholarship Foundation Inc give each year?
Scholarship Foundation Inc gave $92K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $78K across 17 grants.
What is Scholarship Foundation Inc's typical grant size?
Scholarship Foundation Inc's median grant in 2025 was $3,000, and its average grant was $5,750, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Scholarship Foundation Inc that year got $3K on average.
Where does Scholarship Foundation Inc give grants?
Scholarship Foundation Inc gives mostly in Alabama: 84% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (16%). The most frequent recipient cities were Tuscaloosa, AL (5 grants), Florence, AL (3 grants), Tuscumbia, AL (3 grants) and Sewanee, TN (2 grants).
Does Scholarship Foundation Inc give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on Scholarship Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (4 grants).
Who are Scholarship Foundation Inc's largest grantees?
Scholarship Foundation Inc's largest 2025 grantees include Alabama Service Project ($40,000 across 2 grants), Harvesters of Hope ($10,000) and University of the South ($10,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($1,000), which are not listed by name. Together they received 65% of its itemized 2025 grant dollars.
How large is Scholarship Foundation Inc?
Scholarship Foundation Inc reported $1.5M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $23K.
What does Scholarship Foundation Inc fund?
The foundation’s 2024 filing describes its activity as scholarships for ministerial studies at various universities and charitable giving. Its 2025 grants include awards designated for scholarships and financial aid, as well as support for educational projects and other charitable purposes. See mission & focus areas ↑
How do I apply for a grant from Scholarship Foundation Inc?
The 2024 filing says the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Scholarship Foundation Inc's EIN?
Scholarship Foundation Inc's EIN (Employer Identification Number) is 58-2110562. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). Scholarship Foundation Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/scholarship-foundation-inc-morg_8c6627f1c1af41448c01a9d5c8f7c903
BibTeX
@misc{grantable_582110562_2026,
author = {{Grantable}},
title = {{Scholarship Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/scholarship-foundation-inc-morg_8c6627f1c1af41448c01a9d5c8f7c903},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Scholarship Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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