Private Foundation

SCHOLARSHIP FOUNDATION INC

SCHOLARSHIP FOUNDATION INC, of SHEFFIELD, AL, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $23K in revenue, $3K in expenses, $1.5M in total assets. IRS filings disclose 55 grants awarded by this foundation, totaling roughly $299K.

EIN: 582110562 SHEFFIELD, AL Latest filing: 2025

Total Revenue$23K

Total Expenses$3K

Total Assets$1.5M

Grants Given55

Grant Total$299K

Filing Years2021–2025

Sample Grants Given

ALABAMA SERVICE PROJECT

BIRMINGHAM, AL · 2024

ALABAMA EDUC PROJ GOOD SHEPHARD MONTGOMERY

$35,000

HARVESTERS OF HOPE

TUSCALOOSA, AL · 2024

SCHOLARSHIP

$10,000

UNIVERSITY OF THE SOUTH

SEWANEE, TN · 2024

SCHOLARSHIP

$10,000

UNIVERSITY OF ALABAMA SCHOLAR FOUND

TUSCALOOSA, AL · 2024

SCHOLARSHIP ENDOWED FUND

$5,000

ALABAMA SERVICE PROJECT

SEWANEE, TN · 2024

SCHOLARSHIP FINANCIAL AID

$5,000

Showing up to 5 of 55 total records — full history available with membership.

Officers & Directors

SECRETARYTREASURER Cornelia Heflin

PRESIDENT Howell T Heflin Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

SCHOLARSHIP HOWELL HEFLIN MEMORIAL FUND

$53,000 3 grants

ALABAMA EDUC PROJECT GOOD SHEPARD MONTGOMERY

$36,000 1 grant

ALABAMA EDUC PROJ GOOD SHEPHARD MONTGOMERY

$35,000 1 grant

SCHOLARSHIP

$23,000 4 grants

SCHOLARSHIP ML KING

$14,000 3 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$23K	$3K	$1.5M
2024	$24K	$2K	$1.4M
2023	$22K	$5K	$1.3M
2021	$23K	$2K	$1.4M

Between 2021 and 2025, reported annual revenue held roughly steady at around $23K, with total assets most recently reported at $1.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, TN.

ALTN

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for SCHOLARSHIP FOUNDATION INC

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports