Van and Joanna Christy Scholarship Fund

Private foundation · Grantmaker Johnston, RI EIN: 02-0484968

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.

Key facts about Van and Joanna Christy Scholarship Fund

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.

EIN
02-0484968
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$62,017
Grants made (2025)
8
Average grant
$7,752
Median grant
$5,000
Total assets
$1,253,307
Primary geography
New Hampshire (56% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.3M

+3.1% YoY

Annual Giving

$62K

-20.8% YoY

Grant Count

8

+33.3% YoY

Avg Grant Size

$8K

-40.6% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

BostonDurhamLowellManchesterBristolCharlottesvilleLewistonTempeChestnut HillMedfordMiddletownWalthamWorcester

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2020 9 grants2021 10 grants2022 6 grants2023 6 grants2024 8 grants2025

From 2021 to 2025, annual grant giving ranged from $62K (2025) to $101K (2022). In 2025 it made 8 grants totaling $62K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

University of New Hampshire: $30KUniversity of New Hampshire$30KUniversity of Massachusetts Lowell: $8KUniversity of MassachusettsLowell$8KWorcester Polytechnic Institute: $7KWorcester PolytechnicInstitute$7KSaint Anselm College: $5KSaint Anselm College$5KRoger Williams University: $5KRoger Williams University$5KBates College: $3KBates College$3KWesleyan University: $2KWesleyan University$2KArizona State University: $2KArizona State University$2K

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

39<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 39 grants of 39 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of New Hampshire Durham, NHScholarship$30,017
University of Massachusetts Lowell Lowell, MAScholarship$8,000
Worcester Polytechnic Institute Worcester, MAScholarship$7,000
Saint Anselm College Manchester, NHScholarship$5,000
Roger Williams University Bristol, RIScholarship$5,000
Bates College Lewiston, MEScholarship$3,000
Wesleyan University Middletown, CTScholarship$2,000
Arizona State University Tempe, AZScholarship$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,253,307$1,215,395$1,211,358
Revenue$129,526$107,144$52,885
Expenses$91,818$104,218$124,180
Qualifying Distributions$71,787$87,464$106,635
Net Investment Income$111,480$89,826$37,094
Distributable Amount$84,819$78,563$73,462

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

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

Citizens N a — Trustee: $18KCitizens N aTrustee$18K

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.

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