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Bettye Reed Scholarship Foundation Inc. is a private corporation based in ROME, GA. The foundation received its IRS ruling in 2005. It holds total assets of $557K. Annual income is reported at $109K. Total assets have grown from $305K in 2010 to $549K in 2023. 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 2020 to 2023. Grantmaking is concentrated in Georgia. According to available records, Bettye Reed Scholarship Foundation Inc. has made 18 grants totaling $60K, with a median grant of $4K. The foundation has distributed between $28K and $32K annually from 2022 to 2023. Individual grants have ranged from $2K to $4K, with an average award of $3K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$4K
Average Grant
$4K
Largest Grant
$4K
Based on 3 grants from the most recent 990-PF filing.
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.
Bettye Reed Scholarship Foundation 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 GA.
Bettye Reed Scholarship Foundation Inc. has distributed a total of $60K across 18 grants. The median grant size is $4K, with an average of $3K. Individual grants have ranged from $2K to $4K.
Bettye Reed Scholarship Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is APRIL 15 OF EACH YEAR. Students must attend an accredited educational institution in floyd county, ga to be eligible for the scholarship.
Bettye Reed Scholarship Foundation Inc. is headquartered in ROME, GA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Roger L Mitchell | PRESIDENT | $3K | $0 | $3K |
| Robert T Masters | SECRETARY/TREASURER | $0 | $0 | N/A |
| Richard J Inman Jr | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$49K
Total Assets
$549K
Fair Market Value
$675K
Net Worth
$549K
Grants Paid
$32K
Contributions
N/A
Net Investment Income
$20K
Distribution Amount
$31K
Total: $528K
Total Grants
18
Total Giving
$60K
Average Grant
$3K
Median Grant
$4K
Unique Recipients
12
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lilly BerginSCHOLARSHIP | Rome, GA | $4K | 2023 |
| Ella Kate BerginSCHOLARSHIP | Rome, GA | $4K | 2023 |
| Adriel KershnerSCHOLARSHIP | Silver Creek, GA | $4K | 2023 |
| Grant TaylorSCHOLARSHIP | Rome, GA | $4K | 2023 |
| Luke MitchellSCHOLARSHIP | Rome, GA | $4K | 2023 |
| Raleigh MitchellSCHOLARSHIP | Rome, GA | $4K | 2023 |
| Sam MitchellSCHOLARSHIP | Rome, GA | $4K | 2023 |
| Thomas BerginSCHOLARSHIP | Rome, GA | $4K | 2023 |
| Addison E OrrSCHOLARSHIP | Villa Rica, GA | $2K | 2023 |
| Mark Van LeuvenSCHOLARSHIP | Rome, GA | $2K | 2023 |
| Harvey KershnerSCHOLARSHIP | Silver Creek, GA | $4K | 2022 |
| Mary HerrellSCHOLARSHIP | Calhoun, GA | $4K | 2022 |