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Goolsby Educational Fund is a private trust based in MARION, VA. The foundation received its IRS ruling in 1967. The principal officer is % Donald G Hamer. It holds total assets of $807K. Annual income is reported at $50K. 28 EDUCATIONAL GRANTS TO QUALIFIED STUDENTS BASED UPON NEED. According to available records, Goolsby Educational Fund has made 53 grants totaling $83K, with a median grant of $2K. Annual giving has decreased from $49K in 2021 to $35K in 2022. Individual grants have ranged from $750 to $3K, with an average award of $2K. The foundation has supported 39 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
33 EDUCATIONAL GRANTS TO QUALIFIED STUDENTS BASED UPON NEED
Expenses: $30K
28 EDUCATIONAL GRANTS TO QUALIFIED STUDENTS BASED UPON NEED. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in VA.
Goolsby Educational Fund has distributed a total of $83K across 53 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $750 to $3K.
The application deadline is JUNE 15 OF EACH YEAR. APPLICATION ON FILE - NON DISCRIMATORY - RESIDENTS OF SMYTH COUNTY VIRGINIA WHO WISH TO ATTEND COLLEGE OR ANY OF THE UNITED STATES SERVICE ACADEMYS OR SCHOOLS AND WHO ARE IN ACTUAL FINANCIAL NEED MUST HAVE AND MAINTAIN A GPA OF 2.0 OR HIGHER.
Goolsby Educational Fund is headquartered in MARION, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joel G Pugh | TRUSTEE | $4K | $0 | $4K |
| Js Staley Jr | TRUSTEE | $4K | $0 | $4K |
| Michael A Davidson | TRUSTEE | $4K | $0 | $4K |
Total Giving
$58K
Total Assets
$819K
Fair Market Value
$1.9M
Net Worth
$819K
Grants Paid
$28K
Contributions
$0
Net Investment Income
$40K
Distribution Amount
$88K
Total: $274K
Total Grants
53
Total Giving
$83K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
39
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Michael HagaEDUCATION | Chilhowie, VA | $2K | 2022 |
| Lane HubbleEDUCATION | Marion, VA | $2K | 2022 |
| Olivia PanellEDUCATION | Marion, VA | $2K | 2022 |
| Courtney KogodEDUCATION | Marion, VA | $2K | 2022 |
| Rebecca MartinEDUCATION | Chilhowie, VA | $2K | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Zachery DebuskEDUCATION |
| Saltville, VA |
| $2K |
| 2022 |
| Ryley SawyerEDUCATION | Atkins, VA | $2K | 2022 |
| Molly RhudyEDUCATION | Chilhowie, VA | $2K | 2022 |
| Martina WymerEDUCATION | Marion, VA | $2K | 2022 |
| Lynsey BlevinsEDUCATION | Marion, VA | $2K | 2022 |
| Hagan VandeestEDUCATION | Saltville, VA | $2K | 2022 |
| Emily WorleyEDUCATION | Saltville, VA | $2K | 2022 |
| Alexander JohnsonEDUCATION | Saltville, VA | $2K | 2022 |
| Bailey KingEDUCATION | Marion, VA | $2K | 2022 |
| Harrison ThomasEDUCATION | Marion, VA | $1K | 2022 |
| Devin NorrisEDUCATION | Marion, VA | $1K | 2022 |
| Harper AdamsEDUCATION | Atkins, VA | $1K | 2022 |
| Brennan AndersEDUCATION | Marion, VA | $1K | 2022 |
| Wen Boswell-BaileyEDUCATION | Chilhowie, VA | $1K | 2022 |
| Charles CassellEDUCATION | Saltville, VA | $1K | 2022 |
| Seth DebuskEDUCATION | Saltville, VA | $1K | 2022 |
| Kyra FarmerEDUCATION | Rural Retreat, VA | $1K | 2022 |
| Anna HagyEDUCATION | Marion, VA | $1K | 2022 |
| Katherine HammondEDUCATION | Marion, VA | $1K | 2022 |
| Nikolas PraterEDUCATION | Saltville, VA | $1K | 2022 |
| John StephensonEDUCATION | Marion, VA | $1K | 2022 |
| Emma KimberlinEDUCATION | Saltville, VA | $750 | 2022 |
| Chana KingEDUCATION | Marion, VA | $750 | 2022 |
| Dylan RobertsEDUCATION | Sugar Grove, VA | $2K | 2021 |
| Corbin J FarmerEDUCATION | Rural Retreat, VA | $2K | 2021 |
| Chloe RobinsonEDUCATION | Marion, VA | $2K | 2021 |
| Chloe PenningtonEDUCATION | Rural Rereat, VA | $2K | 2021 |
| Abigail JenningsEDUCATION | Marion, VA | $2K | 2021 |
| Kelly WyattEDUCATION | Saltville, VA | $2K | 2021 |
| Sarah SturgillEDUCATION | Marion, VA | $2K | 2021 |
| Luke RichardsonEDUCATION | Marion, VA | $2K | 2021 |
| Lauren AlfordEDUCATION | Sugar Grove, VA | $2K | 2021 |
| Courtney S BrooksEDUCATION | Marion, VA | $1K | 2021 |
| Rachel E SmithEDUCATION | Saltville, VA | $1K | 2021 |
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