Vulcan Scholarships Inc

Private foundation · Grantmaker Foley, AL EIN: 63-0887786
N/A

Vulcan Scholarships Inc. is a private foundation based in Foley, Alabama, that funds scholarships for students pursuing engineering study. Its website says the foundation is fully funded by Vulcan, Inc. and was founded in 1984; it reports awarding scholarships since 1985.

Vulcan Scholarships Inc at a glance

In short: Vulcan Scholarships Inc gave $21K across 18 grants in 2025 (avg $1K), mostly in Alabama. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$21,265
+1.5% vs 2024
Grants made (2025)
18
+12.5% vs 2024
Average grant
$1,181
-9.8% vs 2024
Median grant
$1,050
Total assets
$120,748
-14.4% vs 2024
Primary geography
Alabama (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

How to apply to Vulcan Scholarships Inc

Review Cycle
The 2024 filing gives a deadline based on school-semester dates, normally around the middle of February. That filing’s cycle is past.
Deadline
The 2024 filing gives a deadline based on school-semester dates, normally around the middle of February.
Contact

Application contact: Darrell Thompson
Mailing address: PO Box 1850, Foley, AL 36536
Phone: (251) 943-7000

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Vulcan Scholarships Inc funds

How this funder distributes its grants

Grant Size Distribution

81 grants across all recorded years

81<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 81 grants of 81 (100%).

Geographic Focus

Where this funder awards grants

The foundation’s website lists Foley, Gulf Shores, Robertsdale, and Elberta high schools as eligible. Its 2024 filing identifies Foley, Gulf Shores, and Robertsdale high schools in Baldwin County, Alabama. All grant dollars reported for filing year 2025 went to recipients in Alabama.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 18 itemized grants.

States

Cities

ElbertaFoleyGulf ShoresLillianLoxleyOrange BeachRobertsdaleSilverhillSummerdale

How Vulcan Scholarships Inc gives

  • Giving held roughly steady from 2022 to 2025 (−2%). Method
  • In 2025 it paid out 659% of its IRS minimum distribution (the 5% rule). 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

$0$10K$20K$30K17 grants2020 16 grants2021 15 grants2022 16 grants2023 16 grants2024 18 grants2025

From 2020 to 2025, annual grant giving ranged from $20K (2023) to $22K (2022). In 2025 it made 18 grants totaling $21K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
18 individual scholarships Recipients not named —$21,265
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$120,748$1,256$21,628$21,26518$21,265$1,256$3,229
2024$141,120$263$21,195$20,95116$20,951$263$3,728
2023$162,052$436$20,194$19,95016$19,950$436$8,857
2022$181,810$567$22,186$21,75015$21,750$567$10,230
2021$202,379$1,942$20,345$20,10016—$1,942$11,287
2020$220,782$4,499$21,317$20,85017—$4,499$12,067

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.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The website’s stated mission is to support qualified high school students pursuing study in an engineering curriculum. Its published award requirements include graduating from an eligible high school, admission to an acceptable four-year engineering curriculum at an ABET-accredited university, demonstrated commitment to engineering, and financial need. The website lists three Vulcan Scholar Awards of $8,000 each and one Cater Lee Distinguished Scholar Award for Engineering Study of $12,000 each year.

The foundation’s 2024 filing states that scholarships go to students whose specialties are in chemistry, physics, or engineering and identifies students at Foley, Gulf Shores, and Robertsdale high schools in Baldwin County, Alabama, as eligible.

Grantmaking

In filing year 2025, the foundation reported 18 grants totaling $21,265, all to individual recipients in Alabama. Grant amounts ranged from $715 to $2,100, with a median of $1,050. The largest listed grants were for academic scholarships.

The foundation’s 2024 filing says applications can be obtained from faculty members at Foley, Gulf Shores, or Robertsdale high schools. It also states that applications are evaluated on academic achievement, career objectives, financial need, leadership activities, extracurricular activities, and a personal interview. The website says applications may be submitted through a link on its scholarship pages during a period from mid-January to early March.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Darrell Thompson as president, secretary, and treasurer. It lists Daniel Thompson, Bryan Wolfe, Peter Lee, and Nick Mitchell as directors.

Vulcan Scholarships Inc is led by Darrell Thompson, President, Secretary & Treasurer on the 2025 filing; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Darrell Thompson

    President, Secretary & Treasurer

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Nick Mitchell

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Daniel Thompson

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Bryan Wolfe

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Peter Lee

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

Former officers (4)
  • Former: Jim Morris (2020–2024) — President
  • Former: Will Rice (2020–2024) — Secretary & Treasurer
  • Former: Thomas M. Lee (2020–2022) — Director
  • Former: David Mullins (2020) — Director

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.

Frequently asked questions about Vulcan Scholarships Inc

How much does Vulcan Scholarships Inc give each year?

Vulcan Scholarships Inc gave $21K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $21K across 16 grants.

What is Vulcan Scholarships Inc's typical grant size?

Vulcan Scholarships Inc's median grant in 2025 was $1,050, and its average grant was $1,181, across 18 grants on its 2025 IRS Form 990-PF.

Where does Vulcan Scholarships Inc give grants?

Vulcan Scholarships Inc gives mostly in Alabama: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Vulcan Scholarships Inc give general operating support?

Not in 2025: none of the 18 grants with a stated purpose on Vulcan Scholarships Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Academic Scholarship" (18 grants).

How large is Vulcan Scholarships Inc?

Vulcan Scholarships Inc reported $121K in total assets on its 2025 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

What does Vulcan Scholarships Inc fund?

The website’s stated mission is to support qualified high school students pursuing study in an engineering curriculum. See mission & focus areas ↑

How do I apply for a grant from Vulcan Scholarships Inc?

Vulcan Scholarships Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

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.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Vulcan Scholarships Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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