Also known as: BANK OF CLARKE COUNTY TRUSTEE
Rees Memorial Scholarship Fund is a private trust based in WINCHESTER, VA. The foundation received its IRS ruling in 2021. The principal officer is % Trust Department. It holds total assets of $479K. Annual income is reported at $117K. N/A - ALL EXPENSES ATTRIBUTABLE TO SCHOLARSHIPS AND ADMINISTERING SCHOLARSHIP PROGRAM. According to available records, Rees Memorial Scholarship Fund has made 6 grants totaling $66K, with a median grant of $14K. Annual giving has grown from $10K in 2020 to $27K in 2023. Grantmaking activity was highest in 2022 with $29K distributed across 2 grants. Individual grants have ranged from $5K to $14K, with an average award of $11K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
N/A - ALL EXPENSES ATTRIBUTABLE TO SCHOLARSHIPS AND ADMINISTERING SCHOLARSHIP PROGRAM.
N/A - ALL EXPENSES ATTRIBUTABLE TO SCHOLARSHIPS AND ADMINISTERING SCHOLARSHIP PROGRAM. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in VA.
Rees Memorial Scholarship Fund has distributed a total of $66K across 6 grants. The median grant size is $14K, with an average of $11K. Individual grants have ranged from $5K to $14K.
Rees Memorial Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Rees Memorial Scholarship Fund is headquartered in WINCHESTER, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of Clarke County | TRUSTEE | $7K | $0 | $7K |
Total Giving
$35K
Total Assets
$484K
Fair Market Value
$576K
Net Worth
$484K
Grants Paid
$27K
Contributions
$0
Net Investment Income
$9K
Distribution Amount
$27K
Total Grants
6
Total Giving
$66K
Average Grant
$11K
Median Grant
$14K
Unique Recipients
2
Most Common Grant
$14K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Winchester Education Foundation Fbo John Handley High School StudentsSCHOLARSHIP | Winchester, VA | $14K | 2023 |
| Frederick County Educational Foundation Fbo James Wood High School StudentsSCHOLARSHIP | Winchester, VA | $14K | 2023 |
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