Vulcan Scholarships Inc is a private foundation focused on N/A, based in FOLEY, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $121K in total assets. In 2025, it awarded 18 grants totaling $21K. Net investment income was $1K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$121K
-14.4% YoY
Annual Giving
$21K
+1.5% YoY
Grant Count
18
+12.5% YoY
Avg Grant Size
$1K
-9.8% YoY
Under IRS private-foundation payout rules, Vulcan Scholarships Inc reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.
About Vulcan Scholarships Inc
Based on IRS filings
Vulcan Scholarships Inc is a private foundation focused on N/A, based in FOLEY, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $121K in total assets. In 2025, it awarded 18 grants totaling $21K. Net investment income was $1K.
Focus Areas
Ready to take the next step with Vulcan Scholarships Inc?
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 | $120,748 | $141,120 | $162,052 |
| Revenue | $1,256 | $263 | $436 |
| Expenses | $21,628 | $21,195 | $20,194 |
| Qualifying Distributions | $21,265 | $20,951 | $19,950 |
| Net Investment Income | $1,256 | $263 | $436 |
| Distributable Amount | $3,229 | $3,728 | $8,857 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Brenden Brooks ($2,100), Kevin Ellis ($2,100), Hope Oubre ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| HOPE OUBRE ORANGE BEACH, AL | ACADEMIC SCHOLARSHIP | $1,500 |
| BRODIE PHILLIPS ROBERTSDALE, AL | ACADEMIC SCHOLARSHIP | $1,500 |
| BRENDEN BROOKS ELBERTA, AL | ACADEMIC SCHOLARSHIP | $2,100 |
| CHANDLER JONES LOXLEY, AL | ACADEMIC SCHOLARSHIP | $1,500 |
| BENNET REETZ LOXLEY, AL | ACADEMIC SCHOLARSHIP | $1,500 |
| BHUMBEN PATEL GULF SHORES, AL | ACADEMIC SCHOLARSHIP | $750 |
| MATTHEW VAN WELZEN FOLEY, AL | ACADEMIC SCHOLARSHIP | $1,050 |
| KEVIN ELLIS LOXLEY, AL | ACADEMIC SCHOLARSHIP | $2,100 |
| GRACE JAMES ORANGE BEACH, AL | ACADEMIC SCHOLARSHIP | $1,500 |
| DYLAN BYRD GULF SHORES, AL | ACADEMIC SCHOLARSHIP | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DARRELL THOMPSON | PRESIDENT/SECRETARY/TREASURER | 0.5 | — |
| DANIEL THOMPSON | DIRECTOR | 0.5 | — |
| BRYAN WOLFE | DIRECTOR | 0.5 | — |
| PETER LEE | DIRECTOR | 0.5 | — |
| NICK MITCHELL | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vulcan Scholarships Inc?
Vulcan Scholarships Inc is a private foundation focused on N/A, based in FOLEY, AL. It holds $121K in total assets as of 2025.
How large is Vulcan Scholarships Inc?
As of 2025, Vulcan Scholarships Inc holds $121K in total assets with $1K in annual revenue. It awarded 18 grants totaling $21K in 2025.
Where does Vulcan Scholarships Inc operate?
Vulcan Scholarships Inc has awarded grants in Alabama.
What size grants does Vulcan Scholarships Inc award?
In 2025, Vulcan Scholarships Inc awarded 18 grants totaling $21K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Vulcan Scholarships Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Vulcan Scholarships Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vulcan Scholarships Inc's EIN?
Vulcan Scholarships Inc's EIN (Employer Identification Number) is 63-0887786. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Vulcan Scholarships Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Alabama Power Foundation Inc
BIRMINGHAM, AL
Assets
$117.9M
Grants
1,240
Total Given
$16.2M
The Daniel Foundation of Alabama
BIRMINGHAM, AL
Assets
$114.5M
Grants
521
Total Given
$7.5M
The Community Foundation of Greater
BIRMINGHAM, AL
Assets
$350.7M
Grants
440
Total Given
$43.6M
The Long Lewis Foundation
MUSCLE SHOALS, AL
Assets
$5.5M
Grants
318
Total Given
$845K
Community Foundation of Greater Huntsville
HUNTSVILLE, AL
Assets
$66.3M
Grants
285
Total Given
$11.7M
Protective Life Foundation
BIRMINGHAM, AL
Assets
$653K
Grants
219
Total Given
$3.8M
Altecstyslinger Foundation
BIRMINGHAM, AL
Assets
$142.9M
Grants
197
Total Given
$8.9M
J L Bedsole Foundation
MOBILE, AL
Assets
$55.0M
Grants
167
Total Given
$3.3M
Electric Cooperative Foundation Inc
MONTGOMERY, AL
Assets
$396K
Grants
132
Total Given
$164K
Mike and Gillian Goodrich Foundation
BIRMINGHAM, AL
Assets
$105.5M
Grants
119
Total Given
$3.3M
United Way of Central Alabama Inc
BIRMINGHAM, AL
Assets
$141.4M
Grants
113
Total Given
$26.0M
Laura C Higdon Charitable Foundation
BREWTON, AL
Assets
$1.4M
Grants
106
Total Given
$101K
More Funders in Alabama
Data last updated April 2026. Sourced from IRS Form 990-PF filings.