NonprofitsRon Brown Scholar Fund

Education

Ron Brown Scholar Fund

CHARLOTTESVLE, VA

Total revenue

$4.1M

Total expenses

$5.6M

Net assets

$20.5M

Grants received

$6.1M

85 grants

EIN

541832314

Tax year

2024

Mission

The mission of the Ron Brown Scholar Program is to accelerate the progress of African Americans into the mainstream of leadership in business, education, government, and a wide spectrum of professions while instilling a strong dedication to leadership and public service.

Financials

FY 2024

Revenue

Contributions & grants$3.1M
Program service revenue
Investment income$922K
Other revenue$92K
Total revenue$4.1M

Expenses

Grants paid$1.8M
Salaries & benefits$2.1M
Fundraising$1.1M
Other expenses$1.8M
Total expenses$5.6M
Total assets$22.8M
Net assets$20.5M

People

7 listed

NameRoleCompensation

Michael A Mallory

President & CEO

Board

$379K

40 hrs/wk

Dane Holmes

TrusteeChairman

Board

0

Andrew Pilaro

Treasurer

Board

0

Nicole Bates

Chair

Board

0

Brian Siegal

Secretary

Board

0

Meredith Eggers

Vice-Chair

Board

0

Vanessa Evans

Asst Secretary

Board

40 hrs/wk

Grants received

Showing 85 of 85

FromAmountPurposeYear
$75K
unrestricted
2024
$25K
General Support
2024
$6K
GENERAL SUPPORT OF MISSION
2024
$5K
GENERAL SUPPORT
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$2K
General Operating Support
2024
$500
TO FUND OPERATING NEEDS
2024
$150K
EDUCATIONAL SUPPORT
2023
$100K
GENERAL SUPPORT
2023
$75K
unrestricted
2023
$50K
PLATINUM PARNTERSHIP DONATION
2023
$32K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$25K
GENERAL SUPPORT AND VARIOUS PROJECTS
2023
$17K
For grant recipient's exempt purposes
2023
$10K
CONTRIBUTION
2023
$10K
SCHOLARSHIPS & FINANCIAL AID
2023
$4K
SPONSORSHIP OF THE ANNUAL JOURNEY AWARDS EVENT
2023
$500
TO FUND OPERATING NEEDS
2023
$400
EDUCATION
2023
$1.2M
EDUCATIONAL SUPPORT
2022
$50K
GENERAL DONATION
2022
$47K
For grant recipient's exempt purposes
2022
$25K
UNRESTRICTED GRANT RELATED TO CHARITABLE ACTIVITIES
2022
$25K
QUALITY EDUCATION
2022
$25K
QUALITY EDUCATION
2022
$25K
BACK TO SCHOOL GIVES
2022
$20K
THE MARY-MAC AND DON LAING SCHOLARSHIP FUND
2022
$10K
CONTRIBUTION
2022
$10K
SCHOLARSHIPS & FINANCIAL AID
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$5K
SPONSORSHIP OF THE ANNUAL JOURNEY AWARDS EVENT
2022
$1K
MATCHING GIFT PROGRAM - FOR GENERAL SUPPORT OF ITS MISSION
2022
$500
TO FUND OPERATING NEEDS
2022
$103
GENERAL FUND CONTRIBUTION
2022
$1M
EDUCATIONAL SUPPORT
2021
$60K
For recipient's exempt purpose
2021
$10K
SCHOLARSHIPS & FINANCIAL AID
2021
$10K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2021
$6K
CHARITABLE DONATION
2021
$6K
For grant recipient's exempt purposes
2021
$6K
For grant recipient's exempt purposes
2021
$1.0M
EDUCATIONAL SUPPORT
2020
$80K
SCHOLARSHIPS & FINANCIAL AID
2020
$47K
GENERAL SUPPORT
2020
$5K
Matching Gifts
2020
$5K
SCHOLARSHIP FUNDS
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$2K
TO SUPPORT ITS MISSION TO IMPROVE THE LIVES OF INTELLECTUALLY GIFTED, COMMUNITY AND PUBLIC SERVICE-MINDED AFRICAN AMERICANS BY ACCELERATING THEIR PROGRESS INTO IMPACTFUL LEADERSHIP ROLES AND OPPORTUNITIES.
2020
$500
TO FUND OPERATING NEEDS
2020
$1M
EDUCATIONAL SUPPORT
2019
$67K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2019
$40K
endowment for the Robert Binswanger Communitarian Award
2019
$15K
For grant recipient's exempt purposes
2019
$25K
GENERAL SUPPORT
2018
$10K
Unrestricted
2018
$5K
GRANT IS FOR DONEE'S EXEMPT PURPOSE
2018
$500
TO FUND OPERATING NEEDS
2018
$42K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$6.1M from 39 funders · 85 grants · 2017–2024

The Norman R Rales And Ruth Rales

$4.3M · 5 grants · 2019–2023

American Online Giving Foundation Inc

$248K · 6 grants · 2019–2024

The Goldman Sachs Charitable Gift Fund

$187K · 6 grants · 2019–2023

The Belle Jar Foundation

$150K · 2 grants · 2023–2024

Fidelity Investments Charitable Gift Fund

$133K · 6 grants · 2017–2023

Gs Donor Advised Philanthropy Fund

$130K · 4 grants · 2019–2024

Pepsico Foundation Inc

$125K · 2 grants · 2023–2024

Donor Advised Charitable Giving Inc

$110K · 6 grants · 2017–2023

Details

EIN541832314
NTEE codeB82
Subsection03
Ruling date2014-08
Formed1997
Employees22
RON BROWN SCHOLAR FUND — Mission, Financials & Grants Received | Grantivo