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Barry D. Koval Memorial Scholarship Grant

The Community Foundation Inc

Funding Amount

US $3,000

Deadline

Deadline not published

Grant Type

Foundation

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Eligible organizations

  • Must be a Richmond-area minority student in need of financial assistance
  • Eligible applicant must be either a graduating senior of a public high school in the metropolitan Richmond area (including the Cities of Richmond or Petersburg and the counties of Chesterfield, Goochland, Hanover, Henrico and Powhatan); or an adult-learner in the metro-Richmond area who is…
  • Eligible applicant must plan to enroll in an accredited 2-year or 4-year college, community college or vocational school the following academic year.

Other requirements

  • Eligible applicant must demonstrate financial need, scholastic commitment and academic promise, and a commitment to serving his or her community.

Overview

The Barry D. Koval Memorial Scholarship, established by the Koval family, supports Richmond-area minority students in need of financial aid for post-secondary education. This scholarship honors Barry Koval's legacy of dedication and service. Eligible applicants include graduating high school seniors and adult learners over 21 who demonstrate financial need, moral character, and community involvement. Awards assist with educational expenses, empowering students to pursue their academic goals and contribute to their communities.

The Community Foundation for a Greater Richmond
The Community Foundation of Richmond is a philanthropic organization dedicated to improving quality of life across the Richmond region by connecting people, ideas, and resources for lasting community impact. The Foundation manages charitable funds, supports local nonprofits, and leads strategic initiatives that address community priorities such as education, health, economic opportunity, and equity. Through grantmaking, donor services, and community leadership, the Foundation works to strengthen nonprofits, respond to emerging needs, and build a more resilient, inclusive, and thriving Richmond-area community.
The Koval Family Scholarship was established in 2005 by Patte and Barry Koval to support post-secondary educational scholarships for qualifying college bound Richmond-area minority students in need of financial assistance. The scholarship was renamed in 2015 to honor Barry who died of a brain tumor in January 2015. Barry’s life exemplified the characteristics desired for scholarship recipients - dedication, hard work, strength of character and a love for people and helping them. Recipients may be graduating high school seniors, or adults interested in furthering their education. Adult learners must be 21 or older to apply. Scholarships will be awarded to students who demonstrate financial need, good moral character, involvement in their community and a commitment to learning. Funds are to be used by the student to assist in some of the expenses associated with attending college.

Eligibility

Eligible applicant must be a Richmond-area minority student in need of financial assistance.Eligible applicant must be either a graduating senior of a public high school in the metropolitan Richmond area (including the Cities of Richmond or Petersburg and the counties of Chesterfield, Goochland, Hanover, Henrico and Powhatan); or an adult-learner in the metro-Richmond area who is pursuing post-secondary education.Eligible applicant must demonstrate financial need, scholastic commitment and academic promise, and a commitment to serving his or her community. Eligible applicant must plan to enroll in an accredited 2-year or 4-year college, community college or vocational school the following academic year.

Past recipients of this program

Recent awards under this program (from The Community Foundation Inc's IRS filings)

  • VCU Student Accounting Department

    Richmond, VA · 2020

    $38K

1 grant in The Community Foundation Inc's 2020 filings reference “Barry D. Koval Memorial Scholarship Grant” in their stated purpose. Amounts and places as reported by the funder.

What The Community Foundation Inc actually gave

Source: IRS Form 990, 2024

Grants in 2024
917
Total given
$61.77M
Median grant
$25K
Range
$5,100–$1.79M
  • By dollars: Virginia 78%, District of Columbia 4%, Florida 4%. Top recipient cities: Richmond, VA; Washington, DC; Henrico, VA.
  • 23% of grants with a stated purpose were for general or operating support.
  • 22% of recipients were new grantees, not repeat recipients.

Example grants

  • National Fish and Wildlife Foundation · Washington, DC

    General purposes

    $1.79M

  • Anna Julia Cooper School · Richmond, VA

    Educational success

    $1.72M

  • Better Housing Coalition · Richmond, VA

    Economic prosperity

    $1.47M

  • Maggie Walker Community Land Trust · Richmond, VA

    Economic prosperity

    $1.16M

  • Projecthomes · Richmond, VA

    Health and wellness

    $1.14M

IRS Form 990, 2024. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Minorities
  • Education

Categories

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