NonprofitsInner-City Scholarship Fund Inc

Inner-City Scholarship Fund Inc

NEW YORK, NY

Total revenue

$26.5M

Total expenses

$21.5M

Net assets

$120.1M

Grants received

$52.2M

560 grants

EIN

510453629

Tax year

2023

Mission

Provide children with a quality, values-based k-12 catholic education within the archdiocese of ny.

Programs

3 programs

Tuition assistance programs: grant payments for scholarships in partnership with the children's scholarship fund, the archdiocese of new york, and student sponsor partners.

Expenses: $8.4MGrants: $8.4M

Financial aid grants: financial aid grants for under-serviced catholic schools, and department of education of the archdiocese of new york. These grants could be for student scholarships, enrichment, opportunities, and capital repairs or general operations.

Expenses: $752KGrants: $752K

Enrichment program - this program gives high school juniors an opportunity to gain experience in a business setting through job-related workshops and paid summer internships at many new york prestigious companies and organizations. Junior committee provides hands-on support to students in our participating schools. They work and live throughout the tri-state area and their common desire is to help the boys and girls of the inner-city by providing them with an enriching experience.

Expenses: $66K

Financials

FY 2023

Revenue

Contributions & grants$23.5M
Program service revenue
Investment income$3.8M
Other revenue
Total revenue$26.5M

Expenses

Grants paid$17.4M
Salaries & benefits$2.2M
Fundraising$2.4M
Other expenses$1.1M
Total expenses$21.5M
Total assets$121.3M
Net assets$120.1M

People

42 listed

NameRoleCompensation

ANTHONY J DE NICOLA

TRUSTEE/VICE PRESIDENT

Board

1 hrs/wk

MICHAEL P ESPOSITO III

TRUSTEE/VICE PRESIDENT

Board

1 hrs/wk

CATHERINE M KEATING

TRUSTEE/VICE PRESIDENT

Board

1 hrs/wk

REV JOSEPH P LAMORTE

VICAR GENERAL

Board

1 hrs/wk

THOMAS S MURPHY JR

TRUSTEE/VICE PRESIDENT

Board

1 hrs/wk

DOUGLAS J BAND

TRUSTEE

Board

1 hrs/wk

LAWRENCE B BENENSON

TRUSTEE

Board

1 hrs/wk

MARGARET CROTTY

TRUSTEE

Board

1 hrs/wk

LEON F DEJULIUS JR

TRUSTEE (BEG 2/21/24)

Board

1 hrs/wk

SAMUEL A DI PIAZZA JR

TRUSTEE

Board

1 hrs/wk

ANA L DIEZ DE RIVERA-LAFFONT

TRUSTEE

Board

1 hrs/wk

JOHN Q DOYLE

TRUSTEE

Board

1 hrs/wk

THOMAS H GOLDEN

TRUSTEE

Board

1 hrs/wk

EDWARD D HERLIHY

TRUSTEE

Board

1 hrs/wk

DONNA KALAJIAN LAGANI

TRUSTEE

Board

1 hrs/wk

ARTHUR J MAHON

TRUSTEE

Board

1 hrs/wk

LYNN C MARTIN

TRUSTEE

Board

1 hrs/wk

MICHAEL E MARTIN

TRUSTEE (BEG 2/21/24)

Board

1 hrs/wk

TIMOTHY C MUCCIA

TRUSTEE

Board

1 hrs/wk

JAMES M NAUGHTON

TRUSTEE

Board

1 hrs/wk

PONCHITTA PIERCE

TRUSTEE

Board

1 hrs/wk

PATRICIA A QUICK

TRUSTEE

Board

1 hrs/wk

THOMAS C QUICK

TRUSTEE

Board

1 hrs/wk

THOMAS J REID

TRUSTEE

Board

1 hrs/wk

MO ROCCA

TRUSTEE

Board

1 hrs/wk

ARMANDO RODRIGUEZ JR

TRUSTEE

Board

1 hrs/wk

STEPHEN G ROONEY ESQ

TRUSTEE

Board

1 hrs/wk

FREDERIC V SALERNO

TRUSTEE

Board

1 hrs/wk

CHRISTINE H SCHWARZMAN

TRUSTEE

Board

1 hrs/wk

MELANIE SHUGART

TRUSTEE

Board

1 hrs/wk

MARTIN J SULLIVAN

TRUSTEE

Board

1 hrs/wk

WALTER S TOMENSON JR

TRUSTEE

Board

1 hrs/wk

CARDINAL TIMOTHY DOLAN

CHAIRMAN

Board

1 hrs/wk

BISHOP EDMUND J WHALEN

TRUSTEE

Board

1 hrs/wk

ROBERT P WEISZ

TRUSTEE (END 4/30/24)

Board

1 hrs/wk

PETER T GRAUER

TRUSTEE/PRESIDENT

Board

1 hrs/wk

JOHN P CAHILL

TREASURER

Board

1 hrs/wk

SR MARY GRACE WALSH

SECRETARY

Board

1 hrs/wk

JILL LLOYD

EXECUTIVE DIRECTOR

Staff

$237K

35 hrs/wk

ALBERTO ROBAINA

CHIEF OF STAFF, SPECIAL COUNSEL

Staff

$148K

35 hrs/wk

MARY C BROWN

CHIEF OPERATING OFFICER

Staff

$140K

35 hrs/wk

PAUL COSTIGLIO

DIRECTOR OF MARKETING

Staff

$121K

35 hrs/wk

Independent contractors

FAIRCOM NEW YORK INC

DIRECT MAIL & ADVERTISING

$737K

Grants received

Showing 200 of 560

FromAmountPurposeYear
$2.5M
TO IMPROVE OUTCOMES FOR K-12 STUDENTS IN THE U.S.
2024
$1M
PROVIDE SCHOLARSHIPS TO LOW-INCOME STUDENTS ENROLLED IN CATHOLIC ELEMENTARY SCHOOLS
2024
$850K
To support the scholarships for low-income students to attend Catholic schools, with a focus on inner-city areas.
2024
$850K
To support the scholarships for low-income students to attend Catholic schools, with a focus on inner-city areas.
2024
$362K
CHARITABLE GIFT
2024
$211K
UNRESTRICTED GENERAL SUPPORT
2024
$175K
GENERAL SUPPORT
2024
$110K
CHARITABLE CONTRIBUTION
2024
$100K
GENERAL SUPPORT
2024
$75K
GENERAL OPERATING
2024
$52K
SCHOLARSHIPS FOR 41 "FRIENDLY SONS SCHOLARS" ATTENDING ADNY CATHOLIC SCHOOLS
2024
$50K
SCHOLARSHIPS, FINANCIAL AID & SCHOLAR SUPPORT SERVICES
2024
$30K
HIGH SCHOOL AWARD PROGRAM AND SCHOLARSHIP; MULTI YEAR GRANTS 5 OF 5 YEARS
2024
$25K
EDUCATION
2024
$16K
UNRESTRICTED GENERAL SUPPORT
2024
$15K
UNRESTRICTED GENERAL SUPPORT
2024
$15K
SCHOLARSHIP FUNDING
2024
$10K
FRIENDS GALA
2024
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$5K
GENERAL SUPPORT
2024
$5K
GENERAL OPERATING PURPOSE
2024
$5K
GENERAL OPERATING PURPOSE
2024
$4K
UNRESTRICTED
2024
$4K
GENERAL PURPOSE
2024
$3K
GENERAL SUPPORT
2024
$3K
GENERAL SUPPORT
2024
$3K
UNRESTRICTED GENERAL
2024
$3K
GENERAL OPERATING PURPOSE
2024
$2K
General Charitable
2024
$2K
GENERAL DONATION
2024
$2K
TO BE USED BY THE ORGANIZATION FOR ITS CHARITABLE PURPOSE.
2024
$1K
EDUCATIONAL SUPPORT
2024
$1K
TO SUPPORT THE ACTIVITIES OF THE FUND.
2024
$1K
GENERAL OPERATING PURPOSE
2024
$1K
CONTRIBUTION TO GENERAL FUND
2024
$300
MATCHING GIFTS
2024
$250
General & Unrestricted
2024
GENERAL PURPOSE
2024
$1M
PROVIDE SCHOLARSHIPS TO LOW-INCOME STUDENTS ENROLLED IN CATHOLIC ELEMENTARY SCHOOLS
2023
$730K
SUPPORT EMERGENCY TUITION ASSISTANCE
2023
$372K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$328K
For grant recipient's exempt purposes
2023
$205K
UNRESTRICTED GENERAL SUPPORT
2023
$177K
CULTURE & ARTS
2023
$145K
GENERAL PURPOSE
2023
$125K
SCHOLARSHIP FUND
2023
$101K
CHARITABLE GIFT
2023
$100K
SCHOLARSHIPS FOR 48 "FRIENDLY SONS SCHOLARS" ATTENDING ADNY CATHOLIC SCHOOLS
2023
$100K
GENERAL PURPOSE
2023
$100K
GENERAL SUPPORT
2023
$78K
GENERAL SUPPORT
2023
$53K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE
2023
$50K
CHARITABLE CONTRIBUTION
2023
$50K
GENERAL OPERATING SUPPORT
2023
$39K
SCHOLARSHIPS & FINANCIAL AID
2023
$35K
GENERAL OPERATING SUPPORT
2023
$35K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2023
$30K
HIGH SCHOOL AWARD PROGRAM AND SCHOLARSHIP; MULTI YEAR GRANTS 4 OF 5 YEARS
2023
$25K
EDUCATION
2023
$20K
GENERAL SUPPORT
2023
$20K
INNER CITY SCHOLARSHIP FUND TO CHANGE LIVES FOR THE BETTER BY PROVIDING FAMILIES WITH DEMONSTRABLE FINANCIAL NEED, BASED ON THE K-12 CATHOLIC EDUCATION WITHING THE ARCHDIOCESE OF NYC
2023
$16K
TO SUPPORT SCHOLARSHIPS FOR CHILDREN.
2023
$15K
UNRESTRICTED GENERAL SUPPORT
2023
$15K
TO PROVIDE FINANCIAL SUPPORT FOR FAMILIES TO GIVE THEIR CHILDREN A QUALITY, VALUES-BASED K-12 CATHOLIC EDUCATION WITHIN THE ARCHDIOCESE OF NY.
2023
$15K
SCHOLARSHIP FUNDING
2023
$15K
SUPPORT ORGANIZATION'S PROGRAMS & ACTIVITIES
2023
$13K
FOR GENERAL SUPPORT
2023
$12K
GENERAL SUPPORT
2023
$10K
TO SUPPORT WESTCHESTER SCHOOLS
2023
$10K
GENERAL PURPOSE
2023
$10K
GENERAL OPERATING
2023
$10K
INNOVATION AND IMPROVEMENT GRANT
2023
$10K
FOR GENERAL SUPPORT.
2023
$10K
EDUCATION
2023
$8K
GENERAL CHARITABLE PURPOSES
2023
$7K
GENERAL CONTRIBUTION
2023
$5K
GENERAL OPERATING SUPPORT
2023
$5K
GENERAL SUPPORT
2023
$5K
TO FURTHER ORG.'S CHARITABLE OBJECTIVES
2023
$5K
ACHIEVE CHARITABLE PURPOSE
2023
$5K
PROVIDE SCHOLARSHIP TO NEEDY CHILDREN
2023
$5K
GENERAL SUPPORT
2023
$5K
UNRESTRICTED DONATION
2023
$5K
GENERAL OPERATING PURPOSE
2023
$5K
GENERAL OPERATING PURPOSE
2023
$5K
PROGRAM/OPERATING SUPPORT
2023
$4K
STUDENT SCHOLARSHIP
2023
$4K
support for operations
2023
$3K
GENERAL PURPOSE
2023
$3K
UNRESTRICTED GENERAL SUPPORT
2023
$3K
CHARITABLE OPERATIONS
2023
$3K
UNRESTRICTED
2023
$3K
UNRESTRICTED GENERAL
2023
$3K
GENERAL SUPPORT
2023
$3K
PROGRAM/OPERATING SUPPORT
2023
$3K
GENERAL OPERATING PURPOSE
2023
$2K
GENERAL DONATION
2023
$2K
General Charitable
2023
$2K
GENERAL OPERATING PURPOSE
2023
$2K
GENERAL OPERATING PURPOSE
2023
$1K
TO FURTHER DONEE'S PURPOSE
2023
$1K
CONTRIBUTION TO GENERAL FUND
2023
$1K
AID DONEE ORGANIZATION TO CARRY OUT FUNCTIONS
2023
$1K
GENERAL OPERATING PURPOSE
2023
$900
DONATION FOR LOW INCOME FAMILIES TO PROVIDE CHILDREN WITH A CATHOLIC SCHOOL EDUCATION.
2023
$500
TO BE USED BY THE ORGANIZATION FOR ITS CHARITABLE PURPOSE.
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$313
MATCHING GIFTS
2023
$250
GENERAL CHARITABLE FUNDING
2023
$250
General & Unrestricted
2023
$200
TO HELP ORGANIZATIONTO HELP ORGANIZATION
2023
GENERAL PURPOSE
2023
$1.5M
GENERAL SUPPORT
2022
$1M
GRSS SCHOLARSHIPS
2022
$760K
TO SUPPORT EMERGENCY TUITION ASSISTANCE
2022
$407K
For grant recipient's exempt purposes
2022
$260K
GENERAL SUPPORT
2022
$182K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$125K
UNRESTRICTED GENERAL SUPPORT
2022
$125K
SCHOLARSHIP FUND
2022
$125K
To support operations
2022
$100K
Unrestricted
2022
$100K
GENERAL SUPPORT
2022
$100K
GENERAL PURPOSE
2022
$90K
GENERAL OPERATING PURPOSE
2022
$53K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE
2022
$52K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2022
$50K
TO SUPPORT A STUDY OF COLLEGE ADMISSIONS, ENROLLMENT AND PERSISTENCE DATA AMONG PREDOMINANTLY LOW-INCOME, MINORITY STUDENTS WHO HAVE GRADUATED CATHOLIC HIGH SCHOOLS IN THE ARCHDIOCESE OF NEW YORK FROM 2007 TO 2022
2022
$45K
TO SUPPORT THE COMPLETION OF EIGHT TO 10 CAPITAL PROJECTS, TO BE DECIDED UPON THIS WINTER AT UNDER-RESOURCED CATHOLIC SCHOOLS WITHIN THE ARCHDIOCESE OF NEW YORK.
2022
$35K
GENERAL OPERATING SUPPORT
2022
$30K
HIGH SCHOOL AWARD PROGRAM AND SCHOLARSHIP; MULTI YEAR GRANTS 3 OF 5 YEARS
2022
$25K
UNRESTRICTED GENERAL SUPPORT
2022
$25K
GENERAL FUND
2022
$25K
EDUCATION
2022
$25K
UNRESTRICTED
2022
$25K
TO SUPPORT INCREASED COSTS RELATED TO STUDENT AND SCHOOL NEEDS IN RESPONSE TO COVID 19 AND THE GENERAL CHALLENGES THESE STUDENTS FACE ON A DAILY BASIS.
2022
$25K
SCHOLARSHIPS & FINANCIAL AID
2022
$20K
GENERAL OPERATING SUPPORT
2022
$19K
EDUCATION
2022
$17K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2022

Funded by

$52.2M from 204 funders · 560 grants · 2017–2024

John And Daria Barry Foundation

$13.4M · 4 grants · 2019–2022

The Bloomberg Family Foundation Inc

$6.0M · 3 grants · 2020–2024

Mother Cabrini Health Foundation Inc

$4M · 4 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$2.9M · 7 grants · 2018–2023

Donor Advised Charitable Giving Inc

$2.3M · 7 grants · 2017–2023

Stephen A Schwarzman Foundation

$2.0M · 3 grants · 2018–2023

Laura M And Peter T Grauer Foundation

$1.4M · 5 grants · 2020–2024

Details

EIN510453629
Subsection03
Ruling date1946-03
Formed1971
Employees31
Volunteers94
INNER-CITY SCHOLARSHIP FUND INC — Mission, Financials & Grants Received | Grantivo