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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. The foundation is governed by 3 officers and trustees. 28 educational grants to qualified students based upon need. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Virginia. 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.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$968
Largest Grant
$1K
Based on 31 grants from the most recent 990-PF filing.
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.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joel G Pugh | TRUSTEE | $4K | $0 | $4K |
| Michael A Davidson | TRUSTEE | $4K | $0 | $4K |
| Js Staley Jr | TRUSTEE | $4K | $0 | $4K |
Total Giving
N/A
Total Assets
$807K
Fair Market Value
N/A
Net Worth
$807K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| Emily WorleyEDUCATION | Saltville, VA | $2K | 2022 |
| Hagan VandeestEDUCATION | Saltville, VA | $2K | 2022 |
| Lynsey BlevinsEDUCATION | Marion, VA | $2K | 2022 |
| Martina WymerEDUCATION | Marion, VA | $2K | 2022 |
| Alexander JohnsonEDUCATION | Saltville, VA | $2K | 2022 |
| Molly RhudyEDUCATION | Chilhowie, VA | $2K | 2022 |
| Lane HubbleEDUCATION | Marion, VA | $2K | 2022 |
| Ryley SawyerEDUCATION | Atkins, VA | $2K | 2022 |
| Zachery DebuskEDUCATION | Saltville, VA | $2K | 2022 |
| Rebecca MartinEDUCATION | Chilhowie, VA | $2K | 2022 |
| Courtney KogodEDUCATION | Marion, VA | $2K | 2022 |
| Bailey KingEDUCATION | Marion, VA | $2K | 2022 |
| Olivia PanellEDUCATION | Marion, VA | $2K | 2022 |
| Anna HagyEDUCATION | 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 |
| Katherine HammondEDUCATION | Marion, VA | $1K | 2022 |
| Nikolas PraterEDUCATION | Saltville, VA | $1K | 2022 |
| John StephensonEDUCATION | Marion, VA | $1K | 2022 |
| Harrison ThomasEDUCATION | Marion, VA | $1K | 2022 |
| Emma KimberlinEDUCATION | Saltville, VA | $750 | 2022 |
| Chana KingEDUCATION | Marion, VA | $750 | 2022 |
| Chloe PenningtonEDUCATION | Rural Rereat, VA | $2K | 2021 |
| Chloe RobinsonEDUCATION | Marion, VA | $2K | 2021 |
| Corbin J FarmerEDUCATION | Rural Retreat, VA | $2K | 2021 |
| Dylan RobertsEDUCATION | Sugar Grove, VA | $2K | 2021 |
| Kelly WyattEDUCATION | Saltville, VA | $2K | 2021 |
| Luke RichardsonEDUCATION | Marion, VA | $2K | 2021 |
| Abigail JenningsEDUCATION | Marion, VA | $2K | 2021 |
| Sarah SturgillEDUCATION | Marion, VA | $2K | 2021 |
| Lauren AlfordEDUCATION | Sugar Grove, VA | $2K | 2021 |
| Rachel E SmithEDUCATION | Saltville, VA | $1K | 2021 |