Funder DirectoryRWMD SCHOLARSHIP FUND INC
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Private foundation (trust)EIN 921810984Est. 2023-08

RWMD SCHOLARSHIP FUND INC

NEW HAVEN, CT 06510

Total Assets

$2.2M

FY 2024

Annual Giving

$275K

FY 2024

Grants Made

4

FY 2024

Avg Grant

$69K

FY 2024

Grant Range

$40K–$125K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$49K

To award scholarships or grants to college students enrolled at duke university or to make grants to duke university, as long as it remains tax-exempt under section 501(c)(3). If duke university shall not accept funds on behalf of its students, scholarships will be awarded to students enrolled at the university of chicago, yeshiva university college or the city college system of new york city. Scholarships and grants shall be awarded on a nondiscriminatory basis. Initial activity will be to develop the scholarship application and grant agreement forms. This is in process during 2024. Subsequent acvitivites include making the scholarship opportunity available to potential recipients, reviewing scholarship applications, contacting scholarship applicants and potential applicants and scholarship grant oversight.

Focus Areas

Education

Financial Snapshot

2024 filing

Total Revenue

$416K

Total Expenses

$324K

Qualifying Distributions

$275K

Distributable Amount

$101K

Min. Investment Return

$102K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

4 grants

Grant sizes from minimum $40K through median $55K to maximum $125K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Top Recipients

4 grants

DUKE UNIVERSITY SCHOOL OF NURSING
$125K
1 grant
UNIVERSITY OF CHICAGO
$55K
1 grant
BARUCH COLLEGE
$55K
1 grant
DUKE UNIVERSITY - TRINITY COLLEGE
$40K
1 grant

Grant Size Distribution

4 grants

<$10K
$10–50K
1
grants
$50–250K
3
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

North Carolina
$165K
60% of total
Illinois
$55K
20% of total
New York
$55K
20% of total

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RWMD SCHOLARSHIP FUND INC — Grants, Financials & Contact | Grantivo