Wollman Scholarship Fund is a private foundation focused on Education, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $173K in total assets. In 2025, it awarded 9 grants totaling $11K. Net investment income was $11K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$173K
-1.0% YoY
Annual Giving
$11K
-15.4% YoY
Grant Count
9
-18.2% YoY
Avg Grant Size
$1K
+3.4% YoY
Under IRS private-foundation payout rules, Wollman Scholarship Fund reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.
About Wollman Scholarship Fund
Based on IRS filings
Wollman Scholarship Fund is a private foundation focused on Education, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $173K in total assets. In 2025, it awarded 9 grants totaling $11K. Net investment income was $11K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $173,270 | $175,087 | $179,076 |
| Revenue | $13,321 | $12,944 | $3,696 |
| Expenses | $15,167 | $16,921 | $19,231 |
| Qualifying Distributions | $12,572 | $14,561 | $16,601 |
| Net Investment Income | $10,988 | $10,491 | $2,306 |
| Distributable Amount | $9,244 | $9,060 | $9,751 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include University of Tennessee at Chattanooga ($2,000), University of Alabama in Huntsville ($2,000), Motlow State Community College ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF TENNESSEE AT CHATTANOOGA CHATTANOOGA, TN | SCHOLARSHIPS | $2,000 |
| UNIVERSITY OF ALABAMA IN HUNTSVILLE HUNTSVILLE, AL | SCHOLARSHIPS | $2,000 |
| MOTLOW STATE COMMUNITY COLLEGE LYNCHBURG, TN | SCHOLARSHIPS | $1,000 |
| PURDUE UNIVERSITY WEST LAFAYETTE, IN | SCHOLARSHIPS | $1,000 |
| MISSOURI STATE UNIVERSITY SPRINGFIELD, MO | SCHOLARSHIPS | $1,000 |
| MILLIGAN UNIVERSITY ELIZABETHTON, TN | SCHOLARSHIPS | $1,000 |
| TENNESSEE TECH UNIVERSITY COOKEVILLE, TN | SCHOLARSHIPS | $1,000 |
| TENNESSEE STATE UNIVERSITY NASHVILLE, TN | SCHOLARSHIPS | $1,000 |
| UNIVERSITY OF SOUTHERN MISSISSIPPI HATTIESBURG, MS | SCHOLARSHIPS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK TRUSTEE | TRUSTEE | 1 | $2,860 |
| MS ANN HICKERSON JENNINGS | COMM. MBR. | 1 | — |
| DR BETTY HENDRICKSON | COMMITTEE MEMBER | 1 | — |
| BILL RIEDER | COMMITTEE MEMBER | 1 | — |
| BETH WELSH | COMMITTEE MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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 2025.
How large is Wollman Scholarship Fund?
As of 2025, Wollman Scholarship Fund holds $173K in total assets with $13K in annual revenue. It awarded 9 grants totaling $11K in 2025.
Where does Wollman Scholarship Fund operate?
Wollman Scholarship Fund has awarded grants in Alabama, Florida, Georgia, Indiana, Missouri, Mississippi, Tennessee.
What size grants does Wollman Scholarship Fund award?
In 2025, Wollman Scholarship Fund awarded 9 grants totaling $11K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Wollman Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Wollman Scholarship Fund reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2025.
Explore Open Grants
Browse active grant opportunities in Wollman Scholarship Fund'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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