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Vulcan Scholarships Inc. is a private corporation based in FOLEY, AL. The foundation received its IRS ruling in 1985. It holds total assets of $121K. Annual income is reported at $1K. Total assets have decreased from $326K in 2010 to $162K in 2022. The foundation is governed by 5 officers and trustees. Provide college tuition for qualifying students. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Alabama. According to available records, Vulcan Scholarships Inc. has made 30 grants totaling $44K, with a median grant of $2K. Individual grants have ranged from $750 to $2K, with an average award of $1K. The foundation has supported 15 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$2K
Average Grant
$1K
Largest Grant
$2K
Based on 15 grants from the most recent 990-PF filing.
Provide college tution for qualifying students.
Provide college tuition for qualifying students. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in AL.
Vulcan Scholarships Inc. has distributed a total of $44K across 30 grants. The median grant size is $2K, with an average of $1K. Individual grants have ranged from $750 to $2K.
The application deadline is FORM 990-PF: BASED UPON SCHOOL SEMESTER DATES. NORMALLY THE MIDDLE OF FEBRUARY OF EACH YEAR.. Scholarships are awarded to students whose major areas of specialty lie within the fields of chemistry, physics or engineering. Students of foley, gulf shores and robertsdale high schools in baldwin county, alabama are eligible.
Vulcan Scholarships Inc. is headquartered in FOLEY, AL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel Thompson | DIRECTOR | $0 | $0 | N/A |
| Thomas M Lee | DIRECTOR | $0 | $0 | N/A |
| Nick Mitchell | DIRECTOR | $0 | $0 | N/A |
| Will Rice | SECRETARY/TR | $0 | $0 | N/A |
| Jim Morris | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$20K
Total Assets
$162K
Fair Market Value
$162K
Net Worth
$162K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$436
Distribution Amount
$9K
Total Grants
30
Total Giving
$44K
Average Grant
$1K
Median Grant
$2K
Unique Recipients
15
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stacy StevensACADEMIC SCHOLARSHIP | Orange Beach, AL | $2K | 2022 |
| Connor SmithACADEMIC SCHOLARSHIP | Silverhill, AL | $2K | 2022 |
| Matthew Van WelzenACADEMIC SCHOLARSHIP | Foley, AL | $2K | 2022 |
| Eli TaylorACADEMIC SCHOLARSHIP | Gulf Shores, AL | $2K | 2022 |
| Trooper MurphyACADEMIC SCHOLARSHIP | Loxley, AL | $2K | 2022 |
| Chris HouseACADEMIC SCHOLARSHIP | Gulf Shores, AL | $2K | 2022 |
| Bhumiben PatelACADEMIC SCHOLARSHIP | Loxley, AL | $2K | 2022 |
| Devin SpiveyACADEMIC SCHOLARSHIP | Foley, AL | $2K | 2022 |
| John William KelleyACADEMIC SCHOLARSHIP | Robertsdale, AL | $2K | 2022 |
| Cole SmithACADEMIC SCHOLARSHIP | Foley, AL | $2K | 2022 |
| Thor TobiassenACADEMIC SCHOLARSHIP | Orange Beach, AL | $2K | 2022 |
| Brandon WilsonACADEMIC SCHOLARSHIP | Loxley, AL | $1K | 2022 |
| Ella CleverdonACADEMIC SCHOLARSHIP | Foley, AL | $750 | 2022 |
| Sean KirbyACADEMIC SCHOLARSHIP | Orange Beach, AL | $750 | 2022 |
| Bennett ReetzACADEMIC SCHOLARSHIP | Gulf Shores, AL | $750 | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL