The Valerie William and Loulie Canady
The Valerie William and Loulie Canady is a private foundation located in Morgantown, West Virginia. Its 2025 filing describes scholarships for academic study and reports grants to West Virginia recipients, including support for curriculum development at West Virginia University’s College of Creative Arts & Media.
The Valerie William and Loulie Canady at a glance
In short: The Valerie William and Loulie Canady gave $364K across 23 grants in 2025 (avg $16K), mostly in West Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $364,000
- +527.6% vs 2024
- Grants made (2025)
- 23
- -20.7% vs 2024
- Average grant
- $15,826
- +691.3% vs 2024
- Median grant
- $2,000
- Total assets
- $7,676,784
- +365113.3% vs 2024
- Primary geography
- West Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Valerie William and Loulie Canady
- How to Apply
-
The filing says formal applications are not necessarily required. The committee solicits recommendations from principals of high schools in the Morgantown area, college and university officials, and others engaged in academic professions or interested in furthering academic study. Scholarships are awarded to individuals and/or organizations to assist with academic-study expenses, with an intended emphasis on business and modern languages. The filing names Leonard George as the contact.
- Review Cycle
- The filing says no date has been selected and that scholarships will be awarded during the middle of the trust’s year; the stated deadline text is incomplete.
- Deadline
- The filing says no date has been selected and that scholarships will be awarded during the middle of the trust’s year;…
- Contact
Application contact: Leonard George
Mailing address: 127 Jackson Avenue - South Park, Morgantown, WV 26501
Phone: (304) 281-8184
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Valerie William and Loulie Canady funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was WVU College of Creative Arts & Media ($318K). Together the top 2 received $320K.
Organizations only. It also paid 21 individual scholarships ($44,000), which are not listed by name.
Grant Size Distribution
132 grants across all recorded years
The most common grant size was under $50K: 131 grants of 132 (99%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in West Virginia. The filing describes recommendations from high-school principals in the Morgantown area.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
Cities
How The Valerie William and Loulie Canady gives
- Giving grew 600% from 2022 to 2025. Method
- In 2025 it paid out 157% of 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 $30K (2021) to $364K (2025). In 2025 it made 23 grants totaling $364K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| WVU College of Creative Arts & Media Morgantown, WV | Grant to support curriculum development at wvu college of creative arts & media | $318,000 |
| 21 individual scholarships Recipients not named | — | $44,000 |
| Samuel Rolim De Souza Araujo Morgantown, WV | Scholarship Award | $2,000 |
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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 | $7,676,784 | $8,028,989 | $389,307 | $364,000 | 23 | $364,000 | $365,131 | $232,271 |
| 2024 | $2,102 | $65,543 | $64,026 | $58,000 | 29 | $58,000 | $67 | $38 |
| 2023 | $585 | $50,160 | $53,126 | $48,000 | 24 | $48,000 | $160 | $155 |
| 2022 | $3,551 | $55,027 | $53,295 | $52,000 | 26 | $52,000 | $27 | $91 |
| 2021 | $1,819 | $34,000 | $35,345 | $30,000 | 30 | $30,000 | — | $74 |
| 2020 | $2,070 | $60,031 | $64,665 | $60,000 | 30 | — | $31 | $283 |
Under IRS private-foundation payout rules, The Valerie William and Loulie Canady reported a distributable amount of $232K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The 2025 filing says scholarships are intended to help individuals and/or organizations defray expenses incurred in pursuing academic study, with an intended emphasis on business and modern languages. The filing lists scholarship-selection criteria including clarity of verbal and written expression, independence of judgment, strength of character, prior involvement in the relevant field, potential for growth, and other resources available to the candidate.
Grantmaking
In 2025, the foundation reported 23 grants totaling $364,000. Grant amounts ranged from $2,000 to $318,000, with a median grant of $2,000. The largest listed grant was $318,000 to WVU College of Creative Arts & Media for curriculum development. Other listed awards included scholarships to individual recipients and an individual recipient
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Leonard J. George, Robert P. George, Kent J. George, and Eric Schorr as trustees.
The Valerie William and Loulie Canady's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Eric Schorr
Trustee
On filings since 2020
1 hr/week
No compensation reported
Kent J. George
Trustee
On filings since 2020
1 hr/week
No compensation reported
Leonard J. George
Trustee
On filings since 2020
1 hr/week
No compensation reported
Robert P. George
Trustee
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Charlotte Nath (2020–2024) — Trustee
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 The Valerie William and Loulie Canady
How much does The Valerie William and Loulie Canady give each year?
The Valerie William and Loulie Canady gave $364K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $58K across 29 grants.
What is The Valerie William and Loulie Canady's typical grant size?
The Valerie William and Loulie Canady's median grant in 2025 was $2,000, and its average grant was $15,826, across 23 grants on its 2025 IRS Form 990-PF.
Where does The Valerie William and Loulie Canady give grants?
The Valerie William and Loulie Canady gives mostly in West Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Morgantown, WV (2 grants).
Does The Valerie William and Loulie Canady give general operating support?
Not in 2025: none of the 23 grants with a stated purpose on The Valerie William and Loulie Canady's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship Award" (22 grants).
How large is The Valerie William and Loulie Canady?
The Valerie William and Loulie Canady reported $7.7M in total assets on its 2025 IRS Form 990-PF. It paid out $364K in qualifying distributions that year, against a required minimum of $232K (roughly 5% of its investment assets).
What does The Valerie William and Loulie Canady fund?
The 2025 filing says scholarships are intended to help individuals and/or organizations defray expenses incurred in pursuing academic study, with an intended emphasis on business and modern languages. See mission & focus areas ↑
How do I apply for a grant from The Valerie William and Loulie Canady?
The filing says formal applications are not necessarily required. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Valerie William and Loulie Canady's EIN?
The Valerie William and Loulie Canady's EIN (Employer Identification Number) is 55-0692616. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 28, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
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