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Backus Scholarship Fund Inc. is a private corporation based in FORT PIERCE, FL. The foundation received its IRS ruling in 2022. The principal officer is J W Gaines. It holds total assets of $154K. Annual income is reported at $16K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Backus Scholarship Fund Inc. has made 18 grants totaling $31K, with a median grant of $2K. The foundation has distributed between $15K and $16K annually from 2022 to 2023. Individual grants have ranged from $1K to $2K, with an average award of $2K. The foundation has supported 18 unique organizations. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Backus Scholarship Fund Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in FL.
Backus Scholarship Fund Inc. has distributed a total of $31K across 18 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $1K to $2K.
Backus Scholarship Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Backus Scholarship Fund Inc. is headquartered in FORT PIERCE, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J W Gaines | DIRECTOR | $0 | $0 | N/A |
| Donald Holmes | DIRECTOR | $0 | $0 | N/A |
| Thomas Perona | DIRECTOR | $0 | $0 | N/A |
Total Giving
$16K
Total Assets
$152K
Fair Market Value
$152K
Net Worth
$152K
Grants Paid
$16K
Contributions
$10K
Net Investment Income
N/A
Distribution Amount
$7K
Total: $148K
Total Grants
18
Total Giving
$31K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
18
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Haley HawkinsSCHOLARSHIP | Fort Pierce, FL | $2K | 2023 |
| Ariah HillSCHOLARSHIP | Fort Pierce, FL | $2K | 2023 |
| Ashley BuchananSCHOLARSHIP | Fort Pierce, FL | $2K | 2023 |
| Nadia GarciaSCHOLARSHIP | Fort Pierce, FL | $2K | 2023 |
| Emmanuella AlixSCHOLARSHIP | Fort Pierce, FL | $2K | 2023 |
| Jornae BlackburnSCHOLARSHIP | Fort Pierce, FL | $2K | 2023 |
| Christian PrietoSCHOLARSHIP | Fort Pierce, FL | $2K | 2023 |
| Rickie PrvonSCHOLARSHIP | Fort Pierce, FL | $2K | 2023 |
| Lorika CherySCHOLARSHIP | Port St Lucie, FL | $2K | 2022 |
| Elysia TranSCHOLARSHIP | Port St Lucie, FL | $2K | 2022 |
| Jayla SouthallSCHOLARSHIP | Fort Pierce, FL | $2K | 2022 |
| Ashley JancuraSCHOLARSHIP | Port St Lucie, FL | $2K | 2022 |
| Carlysa LincolnSCHOLARSHIP | Fort Pierce, FL | $2K | 2022 |
| Jenny MillerSCHOLARSHIP | Palm Bay, FL | $1K | 2022 |
| Naomia LangelSCHOLARSHIP | Port St Lucie, FL | $1K | 2022 |
| Rachel GordenSCHOLARSHIP | Port St Lucie, FL | $1K | 2022 |
| Spencer FriedberrySCHOLARSHIP | Fort Pierce, FL | $1K | 2022 |
| Celeste LottSCHOLARSHIP | Fort Pierce, FL | $1K | 2022 |