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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. Total assets have grown from $43.9M in 2011 to $66.8M in 2023. The foundation is governed by 8 officers and trustees. 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. Tax records are available from 2016 to 2023. 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 |
| William B Hardegree Iii | DIRECTOR | $8K | $0 | $10K |
| Walter Calhoun | DIRECTOR | $8K | $0 | $8K |
| Anne H Mathews | SECRETARY | $8K | $0 | $10K |
| Frank D Brown | VICE CHAIRMAN | $8K | $0 | $8K |
| Margaret G Zollo | CHAIRMAN OF THE BOARD | $8K | $0 | $8K |
| Donna S Hand | DIRECTOR | $8K | $0 | $8K |
| Harold L Norman | 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
N/A
Net Investment Income
$1.8M
Distribution Amount
N/A
Total Grants
4
Total Giving
$16.9M
Average Grant
$4.2M
Median Grant
$4.2M
Unique Recipients
4
Most Common Grant
$4.2M
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 |