Van and Joanna Christy Scholarship Fund
Van and Joanna Christy Scholarship Fund is a private foundation, based in Johnston, RI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 8 grants totaling $62K. Net investment income was $111K.
Van and Joanna Christy Scholarship Fund at a glance
In short: Van and Joanna Christy Scholarship Fund gave $62K across 8 grants in 2025 (avg $8K), mostly in New Hampshire. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $62,017
- -20.8% vs 2024
- Grants made (2025)
- 8
- +33.3% vs 2024
- Average grant
- $7,752
- -40.6% vs 2024
- Median grant
- $5,000
- Total assets
- $1,253,307
- +3.1% vs 2024
- Primary geography
- New Hampshire (56% 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 Van and Joanna Christy Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was University of New Hampshire ($30K). Together the top 8 received $62K.
Grant Size Distribution
39 grants across all recorded years
The most common grant size was under $50K: 39 grants of 39 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Van and Joanna Christy Scholarship Fund gives
- Giving fell 39% from 2022 to 2025. Method
- In 2025 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2021 to 2025, annual grant giving ranged from $62K (2025) to $101K (2022). In 2025 it made 8 grants totaling $62K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of New Hampshire Durham, NH | Scholarship | $30,017 |
| University of Massachusetts Lowell Lowell, MA | Scholarship | $8,000 |
| Worcester Polytechnic Institute Worcester, MA | Scholarship | $7,000 |
| Saint Anselm College Manchester, NH | Scholarship | $5,000 |
| Roger Williams University Bristol, RI | Scholarship | $5,000 |
| Bates College Lewiston, ME | Scholarship | $3,000 |
| Wesleyan University Middletown, CT | Scholarship | $2,000 |
| Arizona State University Tempe, AZ | Scholarship | $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 | $1,253,307 | $129,526 | $91,818 | $62,017 | 8 | $71,787 | $111,480 | $84,819 |
| 2024 | $1,215,395 | $107,144 | $104,218 | $78,265 | 6 | $87,464 | $89,826 | $78,563 |
| 2023 | $1,211,358 | $52,885 | $124,180 | $97,851 | 6 | $106,635 | $37,094 | $73,462 |
| 2022 | $1,282,641 | $133,144 | $132,115 | $101,483 | 10 | $111,382 | $114,698 | $84,381 |
| 2021 | $1,280,560 | $115,778 | $91,303 | $63,180 | 9 | — | $96,070 | $87,104 |
| 2020 | $1,256,990 | $34,492 | $27,898 | — | — | — | $19,218 | $94,762 |
Under IRS private-foundation payout rules, Van and Joanna Christy Scholarship Fund reported a distributable amount of $85K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Van and Joanna Christy Scholarship Fund's only listed officer is Citizens N A, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Citizens N A
Trustee
On filings since 2020
3 hrs/week
$17K (2020) → $18K (2025)
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $18K, to Citizens N a (Trustee).
Frequently asked questions about Van and Joanna Christy Scholarship Fund
How much does Van and Joanna Christy Scholarship Fund give each year?
Van and Joanna Christy Scholarship Fund gave $62K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $78K across 6 grants.
What is Van and Joanna Christy Scholarship Fund's typical grant size?
Van and Joanna Christy Scholarship Fund's median grant in 2025 was $5,000, and its average grant was $7,752, across 8 grants on its 2025 IRS Form 990-PF.
Where does Van and Joanna Christy Scholarship Fund give grants?
Van and Joanna Christy Scholarship Fund gives mostly in New Hampshire: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (24%) and Rhode Island (8%).
Does Van and Joanna Christy Scholarship Fund give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Van and Joanna Christy Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (8 grants).
Who are Van and Joanna Christy Scholarship Fund's largest grantees?
Van and Joanna Christy Scholarship Fund's largest 2025 grantees include University of New Hampshire ($30,017), University of Massachusetts Lowell ($8,000) and Worcester Polytechnic Institute ($7,000), according to its 2025 IRS Form 990-PF. Together they received 73% of its itemized 2025 grant dollars.
How large is Van and Joanna Christy Scholarship Fund?
Van and Joanna Christy Scholarship Fund reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $72K in qualifying distributions that year, against a required minimum of $85K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Van and Joanna Christy Scholarship Fund's EIN?
Van and Joanna Christy Scholarship Fund's EIN (Employer Identification Number) is 02-0484968. 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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