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Also known as: SCHOLARSHIP TRUST
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Mertie Mccracken Seward Memorial Scholarship Trust is a private trust based in KILMARNOCK, VA. The foundation received its IRS ruling in 2021. It holds total assets of $696K. Annual income is reported at $90K. 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 2023. According to available records, Mertie Mccracken Seward Memorial Scholarship Trust has made 2 grants totaling $57K, with a median grant of $28K. Annual giving has grown from $15K in 2022 to $41K in 2023. Individual grants have ranged from $15K to $41K, with an average award of $28K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Virginia. 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.
Mertie Mccracken Seward Memorial Scholarship Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in VA.
Mertie Mccracken Seward Memorial Scholarship Trust has distributed a total of $57K across 2 grants. The median grant size is $28K, with an average of $28K. Individual grants have ranged from $15K to $41K.
Mertie Mccracken Seward Memorial Scholarship Trust typically selects its grantees rather than accepting unsolicited proposals.
Mertie Mccracken Seward Memorial Scholarship Trust is headquartered in KILMARNOCK, VA.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$49K
Total Assets
$615K
Fair Market Value
$563K
Net Worth
$615K
Grants Paid
$41K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$29K
Total: $579K
Total Grants
2
Total Giving
$57K
Average Grant
$28K
Median Grant
$28K
Unique Recipients
2
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ListSCHOLARSHIPS | Various, VA | $41K | 2023 |
| Hampton UniversitySCHOLARSHIPS | Hampton, VA | $15K | 2022 |