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Hank Willoughby Scholarship Foundation Inc. is a private corporation based in MILLSBORO, DE. The foundation received its IRS ruling in 2005. The principal officer is Robert V Price Jr. It holds total assets of $4.6M. Annual income is reported at $523K. Total assets have grown from $461K in 2011 to $4.6M in 2024. The foundation is governed by 5 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 2024. According to available records, Hank Willoughby Scholarship Foundation Inc. has made 5 grants totaling $826K, with a median grant of $217K. Annual giving has grown from $130K in 2020 to $262K in 2023. Grantmaking activity was highest in 2022 with $434K distributed across 2 grants. Individual grants have ranged from $5K to $262K, with an average award of $165K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Maryland and Delaware. 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.
Hank Willoughby Scholarship Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MD, DE.
Hank Willoughby Scholarship Foundation Inc. has distributed a total of $826K across 5 grants. The median grant size is $217K, with an average of $165K. Individual grants have ranged from $5K to $262K.
Hank Willoughby Scholarship Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Hank Willoughby Scholarship Foundation Inc. is headquartered in MILLSBORO, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert V Price Jr | President | $0 | $0 | N/A |
| Arnold L Yochelson Judge | Tresurer | $0 | $0 | N/A |
| Kathryn M Zabriskie | Secretary | $0 | $0 | N/A |
| Jane Grove | Vice President | $0 | $0 | N/A |
| Sharon Walter | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.6M
Fair Market Value
N/A
Net Worth
$4.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$826K
Average Grant
$165K
Median Grant
$217K
Unique Recipients
2
Most Common Grant
$217K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Csm FoundationCOLLEGE SCHOLARSHIPS | La Plata, MD | $262K | 2023 |
| The English As A Second Language ProgramProgram to assist adult with lanuage proficiency, life skillsand self-confidence. | Rehoboth Beach, DE | $5K | 2020 |