Susan Terry Foley Meml Scholarship Fund

COLLEGEVILLE, PA EIN: 85-6536903

Susan Terry Foley Meml Scholarship Fund is a private foundation focused on Education, based in COLLEGEVILLE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17K in total assets. In 2024, it awarded 4 grants totaling $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17K

+16.3% YoY

Annual Giving

$8K

+79.5% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$2K

-10.3% YoY

Under IRS private-foundation payout rules, Susan Terry Foley Meml Scholarship Fund reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

About Susan Terry Foley Meml Scholarship Fund

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $16K (100%)

States

Pennsylvania

Cities

HatboroLevittownPhiladelphiaPottstownSoudertonTelfordWarminsterWyncote

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$16,801	$14,450	$19,040
Revenue	$11,095	$600	$500
Expenses	$8,744	$5,190	$1,650
Qualifying Distributions	$8,744	$5,190	$1,650
Net Investment Income	—	—	—
Distributable Amount	$1,084	$837	$981

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Latoya Williams ($2,998), Akech Makauch ($2,635), Silky Benitez ($1,745).

Recipient	Purpose	Amount
Silky Benitez Hatboro, PA	scholarship	$1,745
Akech Makauch Souderton, PA	scholarship	$2,635
Latoya Williams Telford, PA	scholarship	$2,998
Sweet Sirleaf Pottstown, PA	scholarship	$608

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Mark F Foley	Trustee	1	—
Mark F Foley Jr	Trustee	—	—
Eileen Foley-Breck	Trustee	—	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Susan Terry Foley Meml Scholarship Fund?

Susan Terry Foley Meml Scholarship Fund is a private foundation focused on Education, based in COLLEGEVILLE, PA. It holds $17K in total assets as of 2024.

How large is Susan Terry Foley Meml Scholarship Fund?

As of 2024, Susan Terry Foley Meml Scholarship Fund holds $17K in total assets with $11K in annual revenue. It awarded 4 grants totaling $8K in 2024.

Where does Susan Terry Foley Meml Scholarship Fund operate?

Susan Terry Foley Meml Scholarship Fund has awarded grants in Pennsylvania.

What size grants does Susan Terry Foley Meml Scholarship Fund award?

In 2024, Susan Terry Foley Meml Scholarship Fund awarded 4 grants totaling $8K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Susan Terry Foley Meml Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Susan Terry Foley Meml Scholarship Fund reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Susan Terry Foley Meml Scholarship Fund's EIN?

Susan Terry Foley Meml Scholarship Fund's EIN (Employer Identification Number) is 85-6536903. IRS Form 990 filing data is available on this page for 2020–2024.