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Margaret Holland Scholarship Fund is a private trust based in RALEIGH, NC. The foundation received its IRS ruling in 2015. The principal officer is First Citizens Bank. It holds total assets of $1.3M. Annual income is reported at $872K. The foundation is governed by 1 officer or trustee. 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 2017 to 2023. Funding is distributed across 6 states, including North Carolina, Virginia, Georgia. According to available records, Margaret Holland Scholarship Fund has made 50 grants totaling $289K, with a median grant of $5K. Annual giving has grown from $60K in 2020 to $160K in 2022. Individual grants have ranged from $250 to $18K, with an average award of $6K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in North Carolina, Virginia, Massachusetts, which account for 66% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$13K
Based on 10 grants from the most recent 990-PF filing.
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.
Margaret Holland Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 50 grants. Its grantmaking reaches organizations primarily in NC, VA, MA.
Margaret Holland Scholarship Fund has distributed a total of $289K across 50 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $250 to $18K.
Margaret Holland Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Margaret Holland Scholarship Fund is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 11 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Citizens Bank Trust Co | TRUSTEE | $11K | $0 | $11K |
Total Giving
$89K
Total Assets
$1.3M
Fair Market Value
$1.4M
Net Worth
$1.3M
Grants Paid
$77K
Contributions
N/A
Net Investment Income
$21K
Distribution Amount
$65K
Total: $1.2M
Total Grants
50
Total Giving
$289K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
22
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VirginiaSCHOLARSHIP | Charlottesville, VA | $5K | 2022 |
| College Of William & Mary TrEDUCATIONAL SCHOLARSHIP | Chicago, IL | $4K | 2022 |
| University Of San DiegoEDUCATIONAL SCHOLARSHIP | San Diego, CA | $12K | 2022 |
| Blue Ridge Community CollegeGENERAL | Flat Rock, NC | $9K | 2022 |
| University Of North CarolinaSCHOLARSHIP | Pembroke, NC | $9K | 2022 |
| University Of RichmondEDUCATIONAL SCHOLARSHIP | Richmond, VA | $8K | 2022 |
| Us TreasuryEDUCATIONAL SCHOLARSHIP | Glenview, IL | $8K | 2022 |
| Coastal Carolina Community CollegeEDUCATION | Jacksonville, NC | $6K | 2022 |
| East Carolina UniversityEDUCATION | Greenville, NC | $5K | 2022 |
| Umass LowelGENERAL PURPOSE | Lowell, MA | $5K | 2022 |
| University Of DelawareEDUCATIONAL SCHOLARSHIP | Newark, DE | $5K | 2022 |
| North Carolina Agricultural And TechnicaEDUCATIONAL SCHOLARSHIP | Greensboro, NC | $4K | 2022 |
| Virginia TechGENERAL | Blacksburg, VA | $2K | 2022 |
| Unc At CharlotteEDUCATIONAL SCHOLARSHIP | Charlotte, NC | $500 | 2022 |
| Florida State UniversityGENERAL | Tallahassee, FL | $250 | 2022 |
| Brigham Young University -IdahoSCHOLARSHIP | Rexburg, ID | $4K | 2021 |
| Texas A&M UniversityGENERAL | College Station, TX | $2K | 2021 |
| Virginia Polytechnic Institute And StateGENERAL PURPOSE | Blacksburg, VA | $12K | 2020 |
| Campbell UniversityGENERAL PURPOSE | Buies Creek, NC | $10K | 2020 |
| Spelman CollegeSCHOLARSHIP | Atlanta, GA | $4K | 2020 |
| University Of North Carolina At WilmingtSCHOLARSHIP | Wilmington, NC | $1K | 2020 |
| Buffalo State UniversitySCHOLARSHIP | Buffalo, NY | $1K | 2020 |