Vernon College Foundation Incorporated
THE VERNON COLLEGE FOUNDATION, INCORPORATED OPERATES TO PROVIDE FUNDING FOR SCHOLARSHIPS TO STUDENTS AND OTHER GRANTS TO VERNON COLLEGE.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$6.5M
+6.1% YoY
Annual Giving
$378K
-12.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$378K
-12.8% YoY
About Vernon College Foundation Incorporated
Based on IRS filings
Vernon College Foundation Incorporated is a nonprofit organization, based in VERNON, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6.5M in total assets. In 2025, it awarded 1 grants totaling $378K. Net investment income was $273K.
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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 | $6,498,636 | $6,127,551 | $5,483,335 |
| Revenue | $545,322 | $464,626 | $596,838 |
| Expenses | $400,684 | $471,598 | $367,527 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $272,785 | $220,461 | $306,153 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MR STEPHEN BRANTLEY | MEMBER | 1 | — |
| MR LARRY DRENNAN | MEMBER | 1 | — |
| MRS TERRI FARABEE | MEMBER | 1 | — |
| MR GA TONY FIDELIE JR | MEMBER | 1 | — |
| MRS DEE ANN MARTIN | MEMBER | 1 | — |
| MR ANDREW E PENNINGTON | MEMBER | 1 | — |
| DR TODD SMITH | MEMBER | 1 | — |
| MRS HELEN WILLINGHAM | CHAIRPERSON | 2 | — |
| MRS JONI STREIT | VICE-CHAIRPERSON | 2 | — |
| MR BRENT HILLERY | SECRETARY-TREASURER | 2 | — |
| MR BOB FERGUSON | BOARD OF TRUSTEES CHAIRMAN | 1 | — |
| MS MICHELLE A ALEXANDER | EXECUTIVE DIRECTOR | 20 | — |
| DR DUSTY R JOHNSTON | PRESIDENT | 1 | — |
| MS MINDI FLYNN | VP ADMINISTRATION | 5 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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