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Also known as: BANK OF CLARKE COUNTY TRUSTEE
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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 $470K. Annual income is reported at $89K. The foundation is governed by 1 officer or trustee. N/a - all expenses attributable to scholarships and administering scholarship program. 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, 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.
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| 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
N/A
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 |