The Exchange Club of Vero Beach Scholars
The Exchange Club of Vero Beach Scholars is a private foundation, based in VERO BEACH, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $732K in total assets. In 2025, it awarded 10 grants totaling $42K. Net investment income was $62K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$732K
+3.0% YoY
Annual Giving
$42K
+9.2% YoY
Grant Count
10
-9.1% YoY
Avg Grant Size
$4K
+20.1% YoY
Under IRS private-foundation payout rules, The Exchange Club of Vero Beach Scholars reported a distributable amount of $43K for 2025 — the minimum it must pay out in qualifying distributions.
About The Exchange Club of Vero Beach Scholars
Based on IRS filings
The Exchange Club of Vero Beach Scholars is a private foundation, based in VERO BEACH, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $732K in total assets. In 2025, it awarded 10 grants totaling $42K. Net investment income was $62K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $732,278 | $710,696 | $601,554 |
| Revenue | $67,640 | $147,558 | $41,643 |
| Expenses | $46,058 | $38,416 | $33,858 |
| Qualifying Distributions | $41,500 | $38,000 | $33,500 |
| Net Investment Income | $61,790 | $133,998 | $20,769 |
| Distributable Amount | $43,358 | $35,683 | $30,793 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Remi Heyer ($5,000), Simon Schwartz ($5,000), D'troit Curry ($4,500).
| Recipient | Purpose | Amount |
|---|---|---|
| REMI HEYER VERO BEACH, FL | SCHOLARSHIP | $5,000 |
| CHRISTIAN MARQUES VERO BEACH, FL | SCHOLARSHIP | $3,500 |
| KALEA BIEBER HUTCHINSON ISLAND, FL | SCHOLARSHIP | $4,000 |
| SAGE MORROW VERO BEACH, FL | SCHOLARSHIP | $3,500 |
| LENORE CARTER VERO BEACH, FL | SCHOLARSHIP | $4,000 |
| D'TROIT CURRY VERO BEACH, FL | SCHOLARSHIP | $4,500 |
| ISABELLA EASTWOOD VERO BEACH, FL | SCHOLARSHIP | $4,000 |
| RYAN GASTON VERO BEACH, FL | SCHOLARSHIP | $4,000 |
| SIMON SCHWARTZ VERO BEACH, FL | SCHOLARSHIP | $5,000 |
| ALICIA PARKER SEBASTIAN, FL | SCHOLARSHIP | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN CHENAULT | CHAIRMAN | 2 | — |
| NANCY MADSEN | SECRETARY | 2 | — |
| JACK MCAFEE | TREASURER | 2 | — |
| BRAD SMITH | MEMBER | 2 | — |
| DIANA WALKER | MEMBER | 2 | — |
| LYN SMITH | MEMBER | 2 | — |
Frequently Asked Questions
How large is The Exchange Club of Vero Beach Scholars?
As of 2025, The Exchange Club of Vero Beach Scholars holds $732K in total assets with $68K in annual revenue. It awarded 10 grants totaling $42K in 2025.
Where does The Exchange Club of Vero Beach Scholars operate?
The Exchange Club of Vero Beach Scholars has awarded grants in Florida.
What size grants does The Exchange Club of Vero Beach Scholars award?
In 2025, The Exchange Club of Vero Beach Scholars awarded 10 grants totaling $42K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Exchange Club of Vero Beach Scholars required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Exchange Club of Vero Beach Scholars reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Exchange Club of Vero Beach Scholars's EIN?
The Exchange Club of Vero Beach Scholars's EIN (Employer Identification Number) is 59-2967807. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Exchange Club of Vero Beach Scholars's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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