TBK Scholarship Foundation
TBK Scholarship Foundation is a private foundation, based in Mills River, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $105K in total assets. In 2025, it awarded 4 grants totaling $51K.
TBK Scholarship Foundation at a glance
In short: TBK Scholarship Foundation gave $51K across 4 grants in 2025 (avg $13K), mostly in Kansas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $51,104
- +6.3% vs 2024
- Grants made (2025)
- 4
- +0.0% vs 2024
- Average grant
- $12,776
- +6.3% vs 2024
- Median grant
- $8,000
- Total assets
- $104,539
- -14.7% vs 2024
- Primary geography
- Kansas (82% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who TBK Scholarship Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Emeline and Adelaide Murrey ($6K).
Organizations only. It also paid 3 individual scholarships ($45,104), which are not listed by name.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How TBK Scholarship Foundation gives
- Giving grew 290% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $3K (2020) to $51K (2025). In 2025 it made 4 grants totaling $51K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 3 individual scholarships Recipients not named | — | $45,104 |
| Emeline and Adelaide Murrey Washington, DC | Tuition and School expenses | $6,000 |
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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 | $104,539 | $34,184 | $52,180 | $51,104 | 4 | $102,208 | — | $5,886 |
| 2024 | $122,535 | $47,823 | $50,113 | $48,077 | 4 | $98,190 | $5,086 | $6,194 |
| 2023 | $124,826 | $41,528 | $43,673 | $42,620 | 3 | $43,673 | — | $5,896 |
| 2022 | $126,971 | $21,285 | $13,924 | $13,115 | 2 | $13,115 | — | $5,775 |
| 2021 | $119,610 | $19,923 | $7,228 | $6,910 | 3 | $6,910 | — | $5,419 |
| 2020 | $106,915 | $81,905 | $3,572 | $3,000 | 1 | — | $6 | $1,759 |
Under IRS private-foundation payout rules, TBK Scholarship Foundation reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
TBK Scholarship Foundation is led by Thomas B Knost, President Secretary on every filing since 2022; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas B Knost
President Secretary
On filings since 2022
5 hrs/week
No compensation reported
Robert Maffeo
Treasurer
Vice President → Treasurer, 2022
On filings since 2021
5 hrs/week
No compensation reported
James E Kincaid III
Business Consultant
On filings since 2022
1 hr/week
No compensation reported
Simeon Willis
Vice President
V President → Vice President, 2024
On filings since 2022
2 hrs/week
No compensation reported
Greg Becthel
Technical Consultant
On filings since 2024
1 hr/week
No compensation reported
Former officers (6)
- Former: Greg Bechtel and James Kincaid III (2023) — Tech & Business Consultant
- Former: Greg Bechtel (2021–2022) — Tech Consultant
- Former: Christine Parlato (2020–2021) — Business Consultant
- Former: TB Knost (2020–2021) — President
- Former: G Bechtel (2020) — Treasurer
- Former: R Maffeo (2020) — Vice President
Data from IRS Form 990 filings, 2020–2025. "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 TBK Scholarship Foundation
How much does TBK Scholarship Foundation give each year?
TBK Scholarship Foundation gave $51K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $48K across 4 grants.
What is TBK Scholarship Foundation's typical grant size?
TBK Scholarship Foundation's median grant in 2025 was $8,000, and its average grant was $12,776, across 4 grants on its 2025 IRS Form 990-PF.
Where does TBK Scholarship Foundation give grants?
TBK Scholarship Foundation gives mostly in Kansas: 82% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (12%) and Indiana (6%).
Does TBK Scholarship Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on TBK Scholarship Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is TBK Scholarship Foundation?
TBK Scholarship Foundation reported $105K in total assets on its 2025 IRS Form 990-PF. It paid out $102K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).
What is TBK Scholarship Foundation's EIN?
TBK Scholarship Foundation's EIN (Employer Identification Number) is 30-0962878. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work TBK Scholarship Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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