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Also known as: SCHOLARSHIP FUND
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Hoy W Hamilton And Clara M Hamilton Scholarship Fund is a private trust based in BIRMINGHAM, AL. The foundation received its IRS ruling in 2018. The principal officer is William W Walker. It holds total assets of $993K. Annual income is reported at $166K. Total assets have grown from $814K in 2019 to $987K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. Tax records are available from 2020 to 2023. According to available records, Hoy W Hamilton And Clara M Hamilton Scholarship Fund has made 4 grants totaling $140K, with a median grant of $35K. The foundation has distributed between $34K and $72K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $72K distributed across 2 grants. Individual grants have ranged from $34K to $36K, with an average award of $35K. Grant recipients are concentrated in Alabama. 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.
Hoy W Hamilton And Clara M Hamilton Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in AL.
Hoy W Hamilton And Clara M Hamilton Scholarship Fund has distributed a total of $140K across 4 grants. The median grant size is $35K, with an average of $35K. Individual grants have ranged from $34K to $36K.
The application deadline is MARCH 31. Recipients must be a member of first baptist church tuscaloosa, demonstrate financial need, and be enrolled in a college or university.
Hoy W Hamilton And Clara M Hamilton Scholarship Fund is headquartered in BIRMINGHAM, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank Trust Department | TRUSTEE | $13K | $0 | $13K |
Total Giving
$55K
Total Assets
$987K
Fair Market Value
$1.1M
Net Worth
$987K
Grants Paid
$34K
Contributions
N/A
Net Investment Income
$253K
Distribution Amount
$43K
Total: $893K
Total Grants
4
Total Giving
$140K
Average Grant
$35K
Median Grant
$35K
Unique Recipients
1
Most Common Grant
$36K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist Church TuscaloosaSCHOLARSHIPS | Tuscaloosa, AL | $34K | 2023 |