NonprofitsAcorn Scholarship Fund Inc

Education

Acorn Scholarship Fund Inc

RALEIGH, NC

Total revenue

$678K

Total expenses

$173K

Net assets

$757K

Grants received

$36K

6 grants

EIN

920326163

Tax year

2024

Mission

The Acorn Scholarship Fund provides scholarships to employees of the Cypress of Raleigh Club.

Programs

1 program

The Fund provides individual grants to 28 recipients.

Expenses: $34KGrants: $34K

Financials

FY 2024

Revenue

Contributions & grants$652K
Program service revenue
Investment income$27K
Other revenue
Total revenue$678K

Expenses

Grants paid$168K
Salaries & benefits
Fundraising$490
Other expenses$5K
Total expenses$173K
Total assets$757K
Net assets$757K

People

11 listed

NameRoleCompensation

Larry Potter

President

Board

15 hrs/wk

Ruth Van Sickle

Vice President

Board

8 hrs/wk

James Hart

Secretary

Board

7 hrs/wk

William Shaffer

Treasurer

Board

15 hrs/wk

Victoria Frierson

Board Member

Board

10 hrs/wk

Richard Gambill

Board Member

Board

8 hrs/wk

Sue Horn

Board Member

Board

7 hrs/wk

Elizabeth Martinelli

Board Member

Board

8 hrs/wk

Phyllis Rideout

Board Member

Board

10 hrs/wk

Judy McConnell

Board Member

Board

8 hrs/wk

Dana Robinson

Board Member

Board

8 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$8K
CONTRIBUTION WHERE NEEDED MOST
2024
$12K
For grant recipient's exempt purposes
2023
$8K
CONTRIBUTION WHERE NEEDED MOST
2023
$6K
For grant recipient's exempt purposes
2022

Funded by

$36K from 4 funders · 6 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$18K · 2 grants · 2022–2023

The Nivison Family Foundation

$15K · 2 grants · 2023–2024

Amg Charitable Gift Foundation

$3K · 1 grant · 2024

Details

EIN920326163
NTEE codeB82
Subsection03
Ruling date2023-02
Formed2022
Employees0
Volunteers41
ACORN SCHOLARSHIP FUND INC — Mission, Financials & Grants Received | Grantivo