NonprofitsIndependent College Fund Of Maryland Inc

Education

Independent College Fund Of Maryland Inc

ANNAPOLIS, MD

Total revenue

$138K

Total expenses

$170K

Net assets

$383K

Grants received

$561K

49 grants

EIN

520692469

Tax year

2023

Mission

To provide college access, choice and opportunities by raising funds, principally from businesses and foundations, to provide scholarships and grants to students attending i-fund member institutions.

Programs

2 programs

The designated scholarship program allows donors to choose the specific i-fund member college that will benefit from their gift to the i-fund. The named scholarship fund provides businesses and foundation partners the opportunity to demonstrate their commitment to higher education by creating named scholarships, which are awarded to one student at each member college based on financial need.

Expenses: $45K

The i-fund is also a member of the foundation for independent higher education which collaborates with hundreds of private colleges across the nation and is a primary voice of independent higher education.

Expenses: $27K

Financials

FY 2023

Revenue

Contributions & grants$137K
Program service revenue
Investment income$10
Other revenue$2K
Total revenue$138K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$170K
Total expenses$170K
Total assets$383K
Net assets$383K

People

4 listed

NameRoleCompensation

ANDREA CHAPDELAINE

PRESIDENT

Board

0.25 hrs/wk

BRADFORD SIMS

SECRETARY

Board

0.25 hrs/wk

NORA DEMLEITNER

TREASURER

Board

0.25 hrs/wk

MATTHEW POWER

MANAGING DIRECTOR

Board

3 hrs/wk

Grants received

Showing 49 of 49

FromAmountPurposeYear
$15K
GENERAL SUPPORT AND VARIOUS PROJECTS
2024
$38K
GRANTS TO STATE COUNCILS
2023
$25K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$15K
GENERAL SUPPORT AND VARIOUS PROJECTS
2023
$5K
HOOD COLLEGE GUDELSKY SCHOLARSHIP
2023
$5K
General Purposes
2023
$5K
EDUCATIONAL
2023
$3K
UNRESTRICTED
2023
$1K
PROMOTE MARYLAND'S INDEPENDENT COLLEGES AND UNIVERSITIES
2023
$1K
GENERAL PURPOSE OF RECIPIENT
2023
$38K
GRANT TO STATE COUNCILS
2022
$25K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$15K
GENERAL SUPPORT AND VARIOUS PROJECTS
2022
$5K
EDUCATIONAL
2022
$5K
General Purposes
2022
$5K
HOOD COLLEGE GUDELSKY SCHOLARSHIP
2022
$3K
UNRESTRICTED
2022
$1K
PROMOTE MARYLAND'S INDEPENDENT COLLEGES AND UNIVERSITIES
2022
$1K
GENERAL PURPOSE OF RECIPIENT
2022
$38K
UPS SCHOLARSHIPS
2021
$5K
General Purposes
2021
$5K
EDUCATIONAL
2021
$2K
UNRESTRICTED
2021
$1K
PROMOTE MARYLAND'S INDEPENDENT COLLEGES AND UNIVERSITIES
2021
$1K
GENERAL PURPOSE OF RECIPIENT
2021
$36K
UPS SCHOLARSHIPS
2020
$25K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2020
$14K
GENERAL SUPPORT AND VARIOUS PROJECTS
2020
$10K
HOOD COLLEGE GUDELSKY SCHOLARSHIP
2020
$5K
EDUCATIONAL
2020
$4K
All For General Purposes
2020
$4K
All For General Purposes
2020
$2K
UNRESTRICTED
2020
$1K
GENERAL PURPOSE OF RECIPIENT
2020
$1K
PROMOTE MARYLAND'S INDEPENDENT COLLEGES AND UNIVERSITIES
2020
$38K
MULTIPLE PROGRAMS
2019
$30K
UNRESTRICTED GENERAL SUPPORT
2019
$10K
THE ISADORE AND BERTHA GUDELSKY FAMILY FOUNDATION SCHOLARSHIP PROGRAM
2019
$38K
MULTIPLE PROGRAMS
2018
$30K
1ST OPPORTUNITY PART
2018
$33K
UPS SCHOLARSHIPS
2017
$8K
THE ISADORE AND BERTHA GUDELSKY FAMILY FOUNDATION SCHOLARSHIP PROGRAM
2017

Funded by

$561K from 12 funders · 49 grants · 2017–2024

Council Of Independent Colleges

$290K · 8 grants · 2017–2023

The Bunting Family Foundation

$75K · 3 grants · 2020–2023

Baltimore Community Foundation Inc

$59K · 4 grants · 2020–2024

Isadore & Bertha Gudelsky Family Fnd Inc

$38K · 5 grants · 2017–2023

Eliasberg Family Foundation Inc

$23K · 5 grants · 2020–2023

Ensign C Markland Kelly Jr

$20K · 4 grants · 2020–2023

The Huethermcclelland Foundation Inc

$10K · 5 grants · 2020–2024

Details

EIN520692469
NTEE codeB82Z
Subsection03
Ruling date1953-06
Formed1953
Employees0
Volunteers3
INDEPENDENT COLLEGE FUND OF MARYLAND INC — Mission, Financials & Grants Received | Grantivo