Nonprofits›National Merit Scholarship Corporation

Education

National Merit Scholarship Corporation

EVANSTON, IL

Website

Total revenue

$59.1M

Total expenses

$44.7M

Net assets

$152.8M

Grants received

$19.6M

159 grants

EIN

362307745

Tax year

2024

Mission

To conduct nationwide academic competitions for recognition and college undergraduate scholarships.

Financials

FY 2024

Revenue

Contributions & grants$29.8M
Program service revenue$3.0M
Investment income$26.2M
Other revenue—
Total revenue$59.1M

Expenses

Grants paid$32.8M
Salaries & benefits$4.3M
Fundraising$1.8M
Other expenses$7.5M
Total expenses$44.7M
Total assets$160.7M
Net assets$152.8M

People

29 listed

NameRoleCompensation

Timothy E McGuire

President

Board

$445K

50 hrs/wk

Kamilla L Spoehr

Vice President and Treasurer

Board

$187K

40 hrs/wk

Kimberly C Greiner

Vice President

Board

$137K

40 hrs/wk

Colleen M Harsin

Director

Board

—

0.5 hrs/wk

Michael G Johnson

Director

Board

—

0.5 hrs/wk

Erin B Kohl

Director

Board

—

0.5 hrs/wk

Jeremy J Lowe

Director

Board

—

0.5 hrs/wk

Rosemary E Matzl

Director

Board

—

0.5 hrs/wk

Thomas E Pittman

Director

Board

—

0.5 hrs/wk

Mark E Reed

Director

Board

—

0.5 hrs/wk

Charles F Robinson

Director

Board

—

0.5 hrs/wk

Susan T Sadler

Director

Board

—

0.5 hrs/wk

Justin C Walker

Director

Board

—

0.5 hrs/wk

Wendy A Watkins

Director

Board

—

0.5 hrs/wk

Brian P Sinchak

Past Director

Board

—

0.5 hrs/wk

David L Stubblefield

Past Director

Board

—

0.5 hrs/wk

Diane E Earll

Director

Board

—

0.5 hrs/wk

Curley M Dossman Jr

Director

Board

—

0.5 hrs/wk

Richard L Sevcik

Corporate Secretary

Board

—

0.5 hrs/wk

Brad R Carson

Director

Board

—

0.5 hrs/wk

Richard C Benson

Director

Board

—

0.5 hrs/wk

Peter C Jennings

Vice Chairman

Board

—

0.5 hrs/wk

Heidi B Jark

Vice Chairman

Board

—

0.5 hrs/wk

Frank J Dellaquila

Chairman

Board

—

0.5 hrs/wk

Sean M MacCready ED of

Scholar & Donor Svcs (until 1/24/25)

Staff

$155K

40 hrs/wk

Yucheng Yuan

Exec. Director of IT

Staff

$151K

40 hrs/wk

Nancy A Bogart

Exec. Dir. of Sponsor Services

Staff

$122K

40 hrs/wk

Joon K Han

Director of IT

Staff

$117K

40 hrs/wk

Eileen M Artemakis

Exec. Dir. of Public Information

Staff

$111K

40 hrs/wk

Independent contractors

Computer Aid Inc

IT Consultant

$2.6M

CapGemini America Inc

IT Consultant

$1.5M

RT New Ventures LLC

IT Consultant

$651K

Community Counselling Service LLC

Fundraising Services

$399K

John Drake & Associates LLC

IT Services

$353K

Grants received

Showing 159 of 159

FromAmountPurposeYear
BRISTOL-MYERS SQUIBB FOUNDATION INC
$403K
GENERAL SUPPORT
2024
ADP FOUNDATION
$309K
CHARITABLE CONTRIBUTION
2024
PAYPAL CHARITABLE GIVING FUND
$224K
GENERAL SUPPORT
2024
COLUMBUS FOUNDATION
$137K
EDUCATION
2024
NEW YORK LIFE FOUNDATION
$100K
EDUC. GENERAL
2024
SENTRY INSURANCE FOUNDATION INC
$100K
DONATIONS - EDUCATION
2024
USG FOUNDATION INC
$92K
Educational Institutions and Related Activities
2024
THE UNIVERSITY OF GEORGIA FOUNDATION
$74K
SCHOLARSHIPS
2024
Motorola Solutions Foundation
$64K
General Operating Support
2024
AON FOUNDATION
$62K
GENERAL OPERATING SUPPORT
2024
AUGUST A BUSCH III CHARITABLE TRUST
$50K
GENERAL
2024
AMERICAN ONLINE GIVING FOUNDATION INC
$50K
GENERAL SUPPORT
2024
PEPSICO FOUNDATION INC
$42K
Scholarship Program
2024
C D SPANGLER FOUNDATION INC
$19K
TO ASSIST IN EDUCATIONAL OPPORTUNITIES
2024
TRANE TECHNOLOGIES CHARITABLE FOUNDATION
$18K
Provide scholarships to children of employees.
2024
THE FLUOR FOUNDATION
$9K
NATIONAL MERIT SCHOLARSHIP PROGRAM
2024
TTEC Foundation
$6K
TTEC Foundation National Merit Scholarship fund
2024
J AND N LEHMANN FOUNDATION INC
$1K
General use
2024
CAITHNESS FOUNDATION
$500
EDUCATION
2024
CROSS RIVER COMMUNITY FOUNDATION
$250
EMPLOYEE MATCHING GIFT - FOR GENERAL OPERATING
2024
THE BRYANT FAMILY FOUNDATION
$100
UNRESTRICTED GIFT
2024
TEXAS INSTRUMENTS FOUNDATION
$50
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
State Farm Companies Foundation
$2.0M
Education Award
2023
AMERICAN ONLINE GIVING FOUNDATION INC
$1.2M
GENERAL SUPPORT
2023
LIBERTY MUTUAL SCHOLARSHIP FOUNDATION CO
$521K
SCHOLARSHIPS
2023
THE NORTHROP GRUMMAN FOUNDATION
$413K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
BRISTOL-MYERS SQUIBB FOUNDATION INC
$400K
GENERAL SUPPORT
2023
ADP FOUNDATION
$301K
CHARITABLE CONTRIBUTION
2023
CHARITIES AID FOUNDATION AMERICA
$236K
CHARITABLE DONATION
2023
AEROJET ROCKETDYNE FOUNDATION
$182K
SCHOLARSHIP STIPENDS FOR ALL REMAINING SCHOLARSHIPS THROUGH 2025 PROGRAM
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$157K
For grant recipient's exempt purposes
2023
COLUMBUS FOUNDATION
$151K
EDUCATION
2023
HORMEL FOODS CORPORATION CHARITABLE
$97K
COMMUNITY SUPPORT
2023
SENTRY INSURANCE FOUNDATION INC
$87K
DONATIONS - EDUCATION
2023
THE UNIVERSITY OF GEORGIA FOUNDATION
$79K
SCHOLARSHIPS
2023
NEW YORK LIFE FOUNDATION
$74K
EDUC. GENERAL
2023
AON FOUNDATION
$68K
SCHOLARSHIP PROGRAM IDENTIFYING AND HONORING ACADEMICALLY TALENTED U.S. HIGH SCHOOL STUDENTS; SUPPORTING THEIR EDUCATION
2023
USG FOUNDATION INC
$68K
Education
2023
Motorola Solutions Foundation
$67K
General Operating Support
2023
REYNOLDS AMERICAN FOUNDATION
$62K
SCHOLARSHIPS
2023
NISOURCE CHARITABLE FOUNDATION
$62K
CORPORATE DONATION
2023
SENSIENT TECHNOLOGIES FOUNDATION INC
$61K
EDUCATION
2023
GLEASON FAMILY FOUNDATION
$54K
GENERAL SUPPORT
2023
PEPSICO FOUNDATION INC
$46K
SCHOLARSHIP PROGRAM
2023
J WALTER THOMPSON COMPANY FUND INC
$39K
Donations to Tax Exempt Institutions
2023
INTERNATIONAL UNION OF BRICKLAYERS &
$24K
DONATIONS - SCHOLARSHIPS
2023
GANNETT FOUNDATION INC
$17K
CHARITABLE PURPOSE
2023
C D SPANGLER FOUNDATION INC
$15K
TO ASSIST IN EDUCATIONAL OPPORTUNITIES
2023
ADIENT FOUNDATION INC
$12K
GENERAL OPERATING
2023
EASTMAN FOUNDATION
$9K
NATIONAL MERIT SCHOLARSHIP SUPPORT
2023
TEGNA FOUNDATION INC
$7K
GENERAL SUPPORT
2023
TTEC Foundation
$7K
TTEC Foundation National Merit Scholarship fund
2023
THE FLUOR FOUNDATION
$6K
NATIONAL MERIT SCHOLARSHIP PROGRAM
2023
SYNTHOMER FOUNDATION INC
$5K
PROGRAM/PROJECT SUPPORT
2023
LIBERTY MUTUAL SCHOLARSHIP FOUNDATION CO
$460K
SCHOLARSHIPS
2022
ADP FOUNDATION
$316K
CHARITABLE CONTRIBUTION
2022
SIEMENS FOUNDATION
$285K
SCHOLARSHIPS
2022
CHARITIES AID FOUNDATION AMERICA
$262K
CHARITABLE DONATION
2022
GS DONOR ADVISED PHILANTHROPY FUND
$250K
EDUCATION
2022
ILLINOIS TOOL WORKS FOUNDATION
$187K
UNRESTRICTED - GENERAL USE
2022
COLUMBUS FOUNDATION
$128K
EDUCATION
2022
HORMEL FOODS CORPORATION CHARITABLE
$117K
COMMUNITY SUPPORT
2022
PWC FOUNDATION INC
$107K
EDUCATION
2022
TRANE TECHNOLOGIES CHARITABLE FOUNDATION
$97K
Provide scholarships to children of employees.
2022
SENTRY INSURANCE FOUNDATION INC
$94K
EDUCATION - SCHOLARSHIPS
2022
THE UNIVERSITY OF GEORGIA FOUNDATION
$84K
SCHOLARSHIPS
2022
AbbVie Foundation
$76K
2022 Scholarships
2022
Motorola Solutions Foundation
$75K
General Operating Support
2022
NEW YORK LIFE FOUNDATION
$73K
EDUC. GENERAL
2022
USG FOUNDATION INC
$71K
Community & Civic Services
2022
AON FOUNDATION
$62K
Identify and honor academically talented U.S. high students; support their education
2022
NISOURCE CHARITABLE FOUNDATION
$61K
CORPORATE DONATION
2022
GLEASON FAMILY FOUNDATION
$50K
GENERAL SUPPORT
2022
INTERNATIONAL UNION OF BRICKLAYERS &
$47K
DONATIONS - SCHOLARSHIPS
2022
PEPSICO FOUNDATION INC
$46K
SCHOLARSHIP PROGRAM
2022
AEROJET ROCKETDYNE FOUNDATION
$43K
Scholarship fund for the 2023-2024 Academic year
2022
J WALTER THOMPSON COMPANY FUND INC
$42K
Donation to Tax Exempt Institution
2022
SENSIENT TECHNOLOGIES FOUNDATION INC
$40K
EDUCATION
2022
C D SPANGLER FOUNDATION INC
$21K
TO ASSIST IN EDUCATIONAL OPPORTUNITIES
2022
TEGNA FOUNDATION INC
$21K
GENERAL SUPPORT
2022
GANNETT FOUNDATION INC
$17K
CHARITABLE PURPOSE
2022
GANNETT FOUNDATION INC
$17K
CHARITABLE PURPOSE
2022
THE FLUOR FOUNDATION
$9K
NATIONAL MERIT SCHOLARSHIP PROGRAM
2022
ITHACA COLLEGE
$8K
ANNUAL REMITTANCE TO MERIT SCHOLARSHIP PROGRAM
2022
SYNTHOMER FOUNDATION INC
$7K
PROGRAM/PROJECT SUPPORT
2022
TTEC Foundation
$4K
TTEC employee children Scholarship Fund
2022
BRISTOL-MYERS SQUIBB FOUNDATION INC
$389K
GENERAL PURPOSE
2021
LIBERTY MUTUAL SCHOLARSHIP FOUNDATION CO
$335K
SCHOLARSHIPS
2021
SIEMENS FOUNDATION
$306K
SCHOLARSHIPS
2021
ILLINOIS TOOL WORKS FOUNDATION
$193K
UNRESTRICTED - GENERAL USE
2021
HORMEL FOODS CORPORATION CHARITABLE
$127K
EDUCATION
2021
PWC FOUNDATION INC
$123K
Education
2021
GLEASON FAMILY FOUNDATION
$78K
GENERAL SUPPORT
2021
GLEASON FAMILY FOUNDATION
$78K
GENERAL SUPPORT
2021
Motorola Solutions Foundation
$68K
General Operating Support
2021
INTERNATIONAL UNION OF BRICKLAYERS &
$60K
DONATIONS - SCHOLARSHIPS
2021
SENSIENT TECHNOLOGIES FOUNDATION INC
$57K
EDUCATION
2021
USG FOUNDATION INC
$52K
is an academic competition in which high school students compete for college scholarships and recognition
2021
AEROJET ROCKETDYNE FOUNDATION
$39K
scholarship grant program administered and controlled by NMSC
2021
J WALTER THOMPSON COMPANY FUND INC
$35K
Donation to Tax Exempt Institutions
2021
Omron Foundation Inc
$24K
CHARITABLE AND EDUCATION
2021
GANNETT FOUNDATION INC
$21K
CHARITABLE PURPOSE
2021
UTILITY WORKERS UNION OF AMERICA UWUA
$19K
SCHOLARSHIPS
2021
ITHACA COLLEGE
$13K
ANNUAL REMITTANCE TO MERIT SCHOLARSHIP PROGRAM
2021
AMERICAN ONLINE GIVING FOUNDATION INC
$12K
GENERAL SUPPORT
2021
TTEC Foundation
$5K
Scholarship fund
2021
THE NICHOLAS FOUNDATION
$2K
SUPPORT PROGRAMS
2021
State Farm Companies Foundation
$1.8M
Education Award
2020
THE ALLERGAN FOUNDATION
$416K
2019-2020 ACADEMIC YEAR SCHOLARSHIPS
2020
BRISTOL-MYERS SQUIBB FOUNDATION INC
$403K
GENERAL PURPOSE
2020
LIBERTY MUTUAL SCHOLARSHIP FOUNDATION CO
$324K
SCHOLARSHIPS
2020
SIEMENS FOUNDATION
$323K
SCHOLARSHIPS
2020
ADP FOUNDATION
$306K
CHARITABLE CONTRIBUTION
2020
ILLINOIS TOOL WORKS FOUNDATION
$222K
UNRESTRICTED - GENERAL USE
2020
NOVARTIS US FOUNDATION
$164K
2020-2021 ACADEMIC YEAR SCHOLARSHIP
2020
TRANE TECHNOLOGIES CHARITABLE FOUNDATION
$160K
Provide scholarships to children of employees.
2020
TEXAS INSTRUMENTS FOUNDATION
$141K
Educational Institutions-Operation funds, Building funds, and Scholarships.
2020
HORMEL FOODS CORPORATION CHARITABLE
$135K
Education
2020
THE UNIVERSITY OF GEORGIA FOUNDATION
$99K
SCHOLARSHIPS
2020
COLUMBUS FOUNDATION
$99K
EDUCATION
2020
University of South Carolina Educational Foundation
$96K
SCHOLARSHIPS
2020
SENTRY INSURANCE FOUNDATION INC
$93K
Education
2020
PWC FOUNDATION INC
$85K
Education
2020
Motorola Solutions Foundation
$83K
General Operating Support
2020
GLEASON FAMILY FOUNDATION
$78K
GENERAL SUPPORT
2020
NISOURCE CHARITABLE FOUNDATION
$69K
CORPORATE DONATION
2020
AON FOUNDATION
$59K
IDENTIFY AND HONOR ACADEMICALLY TALENTED U.S. HIGH SCHOOL STUDENTS; SUPPORT THEIR EDUCATION
2020
SENSIENT TECHNOLOGIES FOUNDATION INC
$57K
EDUCATION
2020
NEW YORK LIFE FOUNDATION
$49K
EDUC. GENERAL
2020
AEROJET ROCKETDYNE FOUNDATION
$42K
Scholarship grant program administered and controlled by nmsc
2020
PEPSICO FOUNDATION INC
$41K
SCHOLARSHIP PROGRAM
2020
J WALTER THOMPSON COMPANY FUND INC
$34K
Donations to Tax Exempt Institutions
2020
EASTMAN FOUNDATION
$31K
SCHOLARSHIP
2020
TEGNA FOUNDATION INC
$21K
GENERAL SUPPORT
2020
THE FLUOR FOUNDATION
$20K
NATIONAL MERIT SCHOLARSHIP PROGRAM
2020
CARDINAL HEALTH FOUNDATION
$20K
SCHOLARSHIPS
2020
Omron Foundation Inc
$18K
CHARITABLE AND EDUCATION
2020
UNITED WAY WORLDWIDE
$15K
GENERAL CHARITABLE OPERATIONS
2020
ARMSTRONG WORLD INDUSTRIES FNDTN
$15K
IMPROVE QUALITY OF AMERICAN EDUCATION
2020
ITHACA COLLEGE
$14K
ANNUAL REMITTANCE TO MERIT SCHOLARSHIP PROGRAM
2020
UTILITY WORKERS UNION OF AMERICA UWUA
$13K
SCHOLARSHIPS
2020
SYNTHOMER FOUNDATION INC
$8K
SCHOLARSHIP
2020
LOCKHEED MARTIN CORPORATION FNDN
$8K
STEMK12 OVERALL
2020
TTEC Foundation
$4K
General & Unrestricted
2020
THE NICHOLAS FOUNDATION
$2K
SUPPORT PROGRAMS
2020
ARKEMA INC FOUNDATION
$1K
Facilitator of the Arkema Inc Foundation Scholarship program.
2020
PWC FOUNDATION INC
$91K
Education
2019
University of South Carolina Educational Foundation
$87K
SCHOLARSHIPS
2019
AEROJET ROCKETDYNE FOUNDATION
$45K
Scholarship grant program administered and controlled by NMSC
2019
J WALTER THOMPSON COMPANY FUND INC
$31K
Donation to Tax Exempt Institution
2019
KANSAS STATE UNIVERSITY FOUNDATION
$20K
AWARD
2019
ITHACA COLLEGE
$12K
Annual remittance to merit scholarship program.
2019
AMERICAN ONLINE GIVING FOUNDATION INC
$5K
GENERAL SUPPORT
2019
University of South Carolina Educational Foundation
$80K
SCHOLARSHIPS
2018
APTIV FOUNDATION INC
$8K
RECOGNIZING AND HONORING AMERICA'S ACADEMICALLY TALENTED STUDENTS
2018
University of South Carolina Educational Foundation
$72K
SCHOLARSHIPS
2017
AEROJET ROCKETDYNE FOUNDATION
$47K
scholarship grant program administered and controlled by NMSC
2017
KANSAS STATE UNIVERSITY FOUNDATION
$40K
AWARD
2017
ITHACA COLLEGE
$12K
Annual remittance to merit scholarship program.
2017

Funded by

$19.6M from 59 funders · 159 grants · 2017–2024

State Farm Companies Foundation

$3.8M · 2 grants · 2020–2023

Liberty Mutual Scholarship Foundation Co

$1.6M · 4 grants · 2020–2023

Bristol-Myers Squibb Foundation Inc

$1.6M · 4 grants · 2020–2024

American Online Giving Foundation Inc

$1.3M · 4 grants · 2019–2024

Adp Foundation

$1.2M · 4 grants · 2020–2024

Siemens Foundation

$914K · 3 grants · 2020–2022

Illinois Tool Works Foundation

$602K · 3 grants · 2020–2022

Columbus Foundation

$514K · 4 grants · 2020–2024

Details

EIN362307745
NTEE codeB820
Subsection03
Ruling date1957-01
Formed1955
Employees39
Volunteers20
NATIONAL MERIT SCHOLARSHIP CORPORATION — Mission, Financials & Grants Received | Grantivo