NonprofitsNewtown Scholarship Association Incorporated

Newtown Scholarship Association Incorporated

NEWTOWN, CT

Total revenue

$432K

Total expenses

$379K

Net assets

$1.8M

Grants received

$262K

42 grants

EIN

066059483

Tax year

2024

Mission

To award scholarships to students who are residents of the town of Newtown, Connecticut at the time of high school graduation with continuing aid through college.

Financials

FY 2024

Revenue

Contributions & grants$286K
Program service revenue
Investment income$97K
Other revenue$50K
Total revenue$432K

Expenses

Grants paid$356K
Salaries & benefits
Fundraising
Other expenses$22K
Total expenses$379K
Total assets$1.8M
Net assets$1.8M

People

15 listed

NameRoleCompensation

Cindy Carlson

President

Board

5 hrs/wk

William Plunkett

Vice President

Board

5 hrs/wk

Azian Kearney

Treasurer

Board

5 hrs/wk

Margaret McCarthy

Assistant Treasurer

Board

5 hrs/wk

Dawn A Bogdan DDS

Recording Secretary

Board

5 hrs/wk

Sherri S Baggett

Director

Board

1 hrs/wk

Jay Bartel

Director

Board

1 hrs/wk

Stephanie DeBartolomeo

Director

Board

1 hrs/wk

David Freedman

Director

Board

1 hrs/wk

Linc Keil

Director

Board

1 hrs/wk

Patrick Kelley

Director

Board

1 hrs/wk

Meghan Miller

Director

Board

1 hrs/wk

John Morlock

Director

Board

1 hrs/wk

Rebecca Osborne

Director

Board

1 hrs/wk

Julie B Savino

Director

Board

1 hrs/wk

Grants received

Showing 42 of 42

FromAmountPurposeYear
$10K
SCHOLARSHIP SUPPORT
2024
$10K
SCHOLARSHIP SUPPORT
2023
$10K
FOR GENERAL SUPPORT
2023
$10K
Contribution
2023
$6K
TO FURTHER RECIPIENT'S EXEMPT PURPOSE
2023
$3K
FUNDING SUPPORTS GENERAL OPERATIONS AND PROGRAMMING.
2023
$10K
FOR GENERAL SUPPORT.
2022
$10K
SCHOLARSHIP SUPPORT
2022
$10K
TO FURTHER RECIPIENT'S EXEMPT PURPOSE
2022
$8K
Contribution
2022
$2K
Scholarships
2022
$1K
EXEMPT PURPOSES
2022
$15K
Use by the organization's general fund
2021
$10K
TO FURTHER RECIPIENT'S EXEMPT PURPOSE
2021
$1K
EXEMPT PURPOSES
2021
$12K
Donor Advised
2020
$10K
SCHOLARSHIP SUPPORT
2020
$10K
FOR GENERAL SUPPORT.
2020
$10K
TO FURTHER RECIPIENT'S EXEMPT PURPOSE
2020
$5K
For grant recipient's exempt purposes
2020
$2K
Scholarships
2020
$7K
DONOR ADVISED FUNDS
2019
$5K
SCHOLARSHIP PROGRAM
2019
$10K
GENERAL SUPPORT
2018
$9K
TO FURTHER RECIPIENT'S EXEMPT PURPOSE
2018
$7K
DONOR ADVISED FUND
2018
$500
PROGRAM/OPERATING SUPPORT
2018
$5K
DONOR ADVISED FUND
2017
$5K
SCHOLARSHIP PROGRAM
2017

Funded by

$262K from 14 funders · 42 grants · 2017–2024

Robert And Jill Leblanc Charitable Trust

$50K · 5 grants · 2017–2024

The Ullo Family Foundation Inc

$43K · 5 grants · 2018–2023

Frontstream Global Fund

$32K · 3 grants · 2021–2023

Global Impact

$32K · 4 grants · 2017–2020

Fairfield County's Community Foundation

$30K · 3 grants · 2020–2023

Newtown Savings Bank Foundation Inc

$30K · 6 grants · 2017–2023

Savings Bank Of Danbury Foundation Inc

$10K · 4 grants · 2020–2024

Gs Donor Advised Philanthropy Fund

$10K · 1 grant · 2018

Details

EIN066059483
Subsection03
Ruling date1963-09
Formed1937
Employees0
Volunteers30
NEWTOWN SCHOLARSHIP ASSOCIATION INCORPORATED — Mission, Financials & Grants Received | Grantivo