Virginia-carolinas Scholarships Foundation
Virginia-carolinas Scholarships Foundation is a private foundation, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $664K in total assets. In 2024, it awarded 1 grants totaling $34K. Net investment income was $61K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$664K
+5.9% YoY
Annual Giving
$34K
+171.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$34K
+171.9% YoY
Under IRS private-foundation payout rules, Virginia-carolinas Scholarships Foundation reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.
About Virginia-carolinas Scholarships Foundation
Based on IRS filings
Virginia-carolinas Scholarships Foundation is a private foundation, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $664K in total assets. In 2024, it awarded 1 grants totaling $34K. Net investment income was $61K.
Ready to take the next step with Virginia-carolinas Scholarships Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $663,906 | $626,766 | $621,762 |
| Revenue | $74,371 | $28,223 | $14,107 |
| Expenses | $54,502 | $24,135 | $53,509 |
| Qualifying Distributions | $40,720 | $15,353 | $44,136 |
| Net Investment Income | $60,975 | $18,920 | $4,673 |
| Distributable Amount | $34,489 | $31,726 | $33,655 |
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 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Scholarship America Inc ($33,970).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHOLARSHIP AMERICA INC Washington, DC | SCHOLARSHIPS FOR STUDENTS | $33,970 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Frequently Asked Questions
How large is Virginia-carolinas Scholarships Foundation?
As of 2024, Virginia-carolinas Scholarships Foundation holds $664K in total assets with $74K in annual revenue. It awarded 1 grants totaling $34K in 2024.
Where does Virginia-carolinas Scholarships Foundation operate?
Virginia-carolinas Scholarships Foundation has awarded grants in District of Columbia, Virginia.
What size grants does Virginia-carolinas Scholarships Foundation award?
In 2024, Virginia-carolinas Scholarships Foundation awarded 1 grants totaling $34K — an average of about $34K per grant, based on its IRS Form 990 filings.
How much is Virginia-carolinas Scholarships Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Virginia-carolinas Scholarships Foundation reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Virginia-carolinas Scholarships Foundation's EIN?
Virginia-carolinas Scholarships Foundation's EIN (Employer Identification Number) is 57-0948342. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Virginia-carolinas Scholarships Foundation'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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