Pickett & Hatcher Educational Fund Incorporated is a private corporation based in COLUMBUS, GA. The foundation received its IRS ruling in 2018. It holds total assets of $81.2M. Annual income is reported at $10.6M. THE EDUCATIONAL FUND GRANTS EDUCATIONAL ASSISTANCE IN THE FORM OF LOW INTEREST LOANS TO COLLEGE STUDENTS WHO MEET CRITERIA. INTEREST IS 2% WHILE THE STUDENTS ARE IN SCHOOL, AND 6% AFTER GRADUATION, WHEN PRINCIPAL PAYMENTS BEGIN. According to available records, Pickett & Hatcher Educational Fund Incorporated has made 4 grants totaling $16.9M, with a median grant of $4.2M. The foundation has distributed between $3.9M and $4.6M annually from 2020 to 2023. Individual grants have ranged from $3.9M to $4.6M, with an average award of $4.2M. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
THE EDUCATIONAL FUND GRANTS EDUCATIONAL ASSISTANCE IN THE FORM OF LOW INTEREST LOANS TO COLLEGE STUDENTS WHO MEET CRITERIA. INTEREST IS 2% WHILE THE STUDENTS ARE IN SCHOOL, AND 6% AFTER GRADUATION, WHEN PRINCIPAL PAYMENTS BEGIN.
THE EDUCATIONAL FUND GRANTS EDUCATIONAL ASSISTANCE IN THE FORM OF LOW INTEREST LOANS TO COLLEGE STUDENTS WHO MEET CRITERIA. INTEREST IS 2% WHILE THE STUDENTS ARE IN SCHOOL, AND 6% AFTER GRADUATION, WHEN PRINCIPAL PAYMENTS BEGIN. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in GA.
Pickett & Hatcher Educational Fund Incorporated has distributed a total of $16.9M across 4 grants. The median grant size is $4.2M, with an average of $4.2M. Individual grants have ranged from $3.9M to $4.6M.
The application deadline is NONE, SO LONG AS FUNDS REMAIN AVAILABLE FOR THE APPLICABLE YEAR.. STUDENT LOANS FOR COLLEGE NOT TO EXCEED $40,000 PER INDIVIDUAL.
Pickett & Hatcher Educational Fund Incorporated is headquartered in COLUMBUS, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Flournoy | PRESIDENT/TREASURER | $145K | $18K | $163K |
| Walter Calhoun | DIRECTOR | $8K | $0 | $8K |
| Anne H Mathews | SECRETARY | $8K | $0 | $10K |
| Frank D Brown | VICE CHAIRMAN | $8K | $0 | $8K |
| Donna S Hand | DIRECTOR | $8K | $0 | $8K |
Total Giving
$823K
Total Assets
$66.8M
Fair Market Value
N/A
Net Worth
$66.6M
Grants Paid
N/A
Contributions
$0
Net Investment Income
$1.8M
Distribution Amount
$0
Total Grants
4
Total Giving
$16.9M
Average Grant
$4.2M
Median Grant
$4.2M
Unique Recipients
4
Most Common Grant
$3.9M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| 546 Students Received Loans During The YearTO PAY COLLEGE TUITION AND EXPENSES | Columbus, GA | $4.2M | 2023 |
| 454 Students Received Loans During The YearTO PAY COLLEGE TUITION AND EXPENSES | Columbus, GA | $3.9M | 2022 |
| 513 Students Received Loans During The YearTO PAY COLLEGE TUITION AND EXPENSES | Columbus, GA | $4.2M | 2021 |
| 674 Students Received Loans During The YearTO PAY COLLEGE TUITION AND EXPENSES | Columbus, GA | $4.6M | 2020 |
MARION, VA
ROCKFORD, IL
OBERLIN, KS
HOPEWELL JUNCTION, NY
HOUSTON, TX
| Margaret G Zollo |
| CHAIRMAN OF THE BOARD |
| $8K |
| $0 |
| $8K |
| Harold L Norman | DIRECTOR | $8K | $0 | $8K |
| William B Hardegree Iii | DIRECTOR | $8K | $0 | $10K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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