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Joanna F Reed Medical Scholarship Trust is a private trust based in JACKSON, MS. The foundation received its IRS ruling in 1981. It holds total assets of $240K. Annual income is reported at $66K. Total assets have decreased from $378K in 2011 to $242K in 2023. The foundation is governed by 1 officer or trustee. Award of medical education scholarships. Tax records are available from 2017 to 2023. According to available records, Joanna F Reed Medical Scholarship Trust has made 9 grants totaling $40K, with a median grant of $5K. The foundation has distributed between $9K and $11K annually from 2020 to 2023. Individual grants have ranged from $2K to $5K, with an average award of $4K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Alabama and Tennessee. Contributions to this foundation are tax-deductible.
Award of medical education scholarships
Award of medical education scholarships. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in AL, TN.
Joanna F Reed Medical Scholarship Trust has distributed a total of $40K across 9 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $2K to $5K.
The application deadline is MAY BE SUBMITTED ANYTIME, HOWEVER, MUST BE IN HANDS OF SELECTION COMMITTEE BY MAY 15TH OF EACH YEAR.. In awarding grants, the selection committee restricts applicants to a residency requirement in that the applicants must be from alabama or northwest florida. Northwest florida is defined as being all counties west of appalachicola river. Furthermore, all applicants must be attending private universities, that is, non-state supported institutions. There is no restriction on the amount of the award granted to individual applicants.
Joanna F Reed Medical Scholarship Trust is headquartered in JACKSON, MS. While based in MS, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Trustmark National Bank | TRUSTEE | $0 | $0 | N/A |
Total Giving
$16K
Total Assets
$242K
Fair Market Value
$242K
Net Worth
$242K
Grants Paid
$9K
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
$12K
Total: $234K
Total Grants
9
Total Giving
$40K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tori KnappSCHOLARSHIP | Brewton, AL | $4K | 2023 |
| Angel BillingsleySCHOLARSHIP | Mobile, AL | $2K | 2023 |
| Andrea ZhangSCHOLARSHIP | Vestavia Hills, AL | $2K | 2023 |
| Javaughn BakerSCHOLARSHIP | Nashville, TN | $5K | 2020 |