Wollman Scholarship Fund is a private foundation focused on Education, based in Birmingham, AL. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $173K in total assets. In 2026, it awarded 9 grants totaling $10K. Net investment income was $10K.
Key facts about Wollman Scholarship Fund
In short: Wollman Scholarship Fund gave $10K across 9 grants in 2026 (avg $1K), mostly in Tennessee. Source: 2026 IRS Form 990-PF.
- EIN
- 62-6266551
- Latest 990 filing
- Form 990-PF, 2026
- Annual giving (2026)
- $10,000
- Grants made (2026)
- 9
- Average grant
- $1,111
- Median grant
- $1,000
- Total assets
- $172,833
- Primary geography
- Tennessee (80% of itemized 2026 grant dollars)
Data from IRS Form 990-PF, 2026; updated September 2026.
Financial Overview
From 2026 IRS Form 990-PF · View filing
Total Assets
$173K
-0.3% YoY
Annual Giving
$10K
-9.1% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$1K
-9.1% YoY
Under IRS private-foundation payout rules, Wollman Scholarship Fund reported a distributable amount of $10K for 2026 — the minimum it must pay out in qualifying distributions.
How Wollman Scholarship Fund gives
- Giving fell 33% from 2023 to 2026. Method
- In 2026 it paid out 112% of its IRS minimum distribution (the 5% rule). 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
Share of 2026 grant dollars across all 9 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $10K (2026) to $15K (2023). In 2026 it made 9 grants totaling $10K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2026
The largest 2026 recipient was University of TN at Knoxville ($2K). Together the top 9 received $10K.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 50 grants of 50 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of TN at Knoxville Knoxville, TN | Scholarships | $2,000 |
| University of Tennessee at Chattanooga Chattanooga, TN | Scholarships | $1,000 |
| University of Alabama in Huntsville Huntsville, AL | Scholarships | $1,000 |
| Motlow State Community College Lynchburg, TN | Scholarships | $1,000 |
| Milligan University Elizabethton, TN | Scholarships | $1,000 |
| Adventist University Collegedale, TN | Scholarship | $1,000 |
| Tennessee State University Nashville, TN | Scholarships | $1,000 |
| University of Tennessee at Martin Martin, TN | Scholarships | $1,000 |
| University of Southern Mississippi Hattiesburg, MS | Scholarships | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $172,833 | $173,270 | $175,087 |
| Revenue | $12,670 | $13,321 | $12,944 |
| Expenses | $14,085 | $15,167 | $16,921 |
| Qualifying Distributions | $11,574 | $12,572 | $14,561 |
| Net Investment Income | $10,320 | $10,988 | $10,491 |
| Distributable Amount | $10,293 | $9,244 | $9,060 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS June 2, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Wollman Scholarship Fund's 2026 filing lists 5 officers; 1 of 5 officers listed in 2026 is compensated.
Officers on the 2026 filing
Regions Bank Trustee
Trustee
On filings since 2021
1 hr/week
$3K (2021) → $3K (2026)
Ann Hickerson Jennings
Committee Member
On filings since 2021
1 hr/week
No compensation reported
Beth Welsh
Committee Member
On filings since 2021
1 hr/week
No compensation reported
Betty Hendrickson
Committee Member
On filings since 2021
1 hr/week
No compensation reported
Bill Rieder
Committee Member
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $3K, to Regions Bank Trustee (Trustee).
Frequently asked questions about Wollman Scholarship Fund
How much does Wollman Scholarship Fund give each year?
Wollman Scholarship Fund gave $10K across 9 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $11K across 9 grants.
What is Wollman Scholarship Fund's typical grant size?
Wollman Scholarship Fund's median grant in 2026 was $1,000, and its average grant was $1,111, across 9 grants on its 2026 IRS Form 990-PF.
Where does Wollman Scholarship Fund give grants?
Wollman Scholarship Fund gives mostly in Tennessee: 80% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest states were Alabama (10%) and Mississippi (10%).
Does Wollman Scholarship Fund give general operating support?
Not in 2026: none of the 9 grants with a stated purpose on Wollman Scholarship Fund's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (8 grants).
Who are Wollman Scholarship Fund's largest grantees?
Wollman Scholarship Fund's largest 2026 grantees include University of TN at Knoxville ($2,000), University of Tennessee at Chattanooga ($1,000) and University of Alabama in Huntsville ($1,000), according to its 2026 IRS Form 990-PF. Together they received 40% of its itemized 2026 grant dollars.
How large is Wollman Scholarship Fund?
Wollman Scholarship Fund reported $173K in total assets on its 2026 IRS Form 990-PF. It paid out $12K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
What is Wollman Scholarship Fund?
Wollman Scholarship Fund is a private foundation focused on Education, based in Birmingham, AL. It holds $173K in total assets as of 2026.
What is Wollman Scholarship Fund's EIN?
Wollman Scholarship Fund's EIN (Employer Identification Number) is 62-6266551. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Wollman Scholarship Fund by hand.
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