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Rachel H Garner Memorial Scholarship Fund is a private trust based in ORLANDO, FL. The foundation received its IRS ruling in 2020. The principal officer is Mason-Dixon Trust Company. It holds total assets of $111K. Annual income is reported at $43K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. According to available records, Rachel H Garner Memorial Scholarship Fund has made 4 grants totaling $18K, with a median grant of $4K. Annual giving has grown from $4K in 2020 to $5K in 2023. Grantmaking activity was highest in 2022 with $9K distributed across 2 grants. Individual grants have ranged from $4K to $5K, with an average award of $5K. 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.
Rachel H Garner Memorial Scholarship Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in VA.
Rachel H Garner Memorial Scholarship Fund has distributed a total of $18K across 4 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $4K to $5K.
Rachel H Garner Memorial Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Rachel H Garner Memorial Scholarship Fund is headquartered in ORLANDO, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Truist Bank | TRUSTEE | $1K | $0 | $1K |
Total Giving
$7K
Total Assets
$117K
Fair Market Value
$126K
Net Worth
$117K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
$6K
Total: $48K
Total Grants
4
Total Giving
$18K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
1
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bridgewater CollegeGENERAL OPERATING | Bridgewater, VA | $5K | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL