Womens Independence Scholarship is a private foundation focused on Education, based in WILMINGTON, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.8M in total assets. In 2024, it awarded 1 grants totaling $1.3M. Net investment income was $1.6M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24.8M
+15.8% YoY
Annual Giving
$1.3M
-4.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.3M
-4.9% YoY
Under IRS private-foundation payout rules, Womens Independence Scholarship reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.
About Womens Independence Scholarship
Based on IRS filings
Womens Independence Scholarship is a private foundation focused on Education, based in WILMINGTON, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.8M in total assets. In 2024, it awarded 1 grants totaling $1.3M. Net investment income was $1.6M.
Focus Areas
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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 | $24,783,152 | $21,403,813 | $20,222,860 |
| Revenue | $1,639,755 | $1,582,154 | $1,042,658 |
| Expenses | $1,871,615 | $1,822,275 | $1,665,892 |
| Qualifying Distributions | $1,870,090 | $1,786,469 | $1,643,877 |
| Net Investment Income | $1,633,276 | $1,579,572 | $1,041,291 |
| Distributable Amount | $1,049,828 | $970,048 | $1,005,807 |
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 Scholarships Grants ($1,269,158).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHOLARSHIPS GRANTS SEE PDF STATEMENT, NC | Scholarships & Grants | $1,269,158 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Teresa Fountain | Chair | 2 | — |
| Ellen Kiernan | Vice Chair | 2 | — |
| Nancy Soward | Secretary | 2 | — |
| Nanci McGregor | Treasurer | 2 | — |
| JC Graham | Director | 2 | — |
| Tammy Simmons | Executive Dir. | 40 | $123,250 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Womens Independence Scholarship?
Womens Independence Scholarship is a private foundation focused on Education, based in WILMINGTON, NC. It holds $24.8M in total assets as of 2024.
How large is Womens Independence Scholarship?
As of 2024, Womens Independence Scholarship holds $24.8M in total assets with $1.6M in annual revenue. It awarded 1 grants totaling $1.3M in 2024.
Where does Womens Independence Scholarship operate?
Womens Independence Scholarship has awarded grants in North Carolina.
What size grants does Womens Independence Scholarship award?
In 2024, Womens Independence Scholarship awarded 1 grants totaling $1.3M — an average of about $1.3M per grant, based on its IRS Form 990 filings.
How much is Womens Independence Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Womens Independence Scholarship reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Womens Independence Scholarship's EIN?
Womens Independence Scholarship's EIN (Employer Identification Number) is 26-1956643. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Womens Independence Scholarship'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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