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Nonprofits›Scholarchips Inc

Education

Scholarchips Inc

WASHINGTON, DC

Website

Total revenue

$406K

Total expenses

$545K

Net assets

$258K

Grants received

$904K

47 grants

EIN

463127898

Tax year

2023

Mission

Scholarchips provides college scholarships, mentoring and a peer support network to children of incarcerated parents, inspiring them to complete their college education.

Financials

FY 2023

Revenue

Contributions & grants$405K

Program service revenue—

Investment income$2K

Other revenue—

Total revenue$406K

Expenses

Grants paid$187K

Salaries & benefits$156K

Fundraising$40K

Other expenses$202K

Total expenses$545K

Total assets$260K

Net assets$258K

People

11 listed

NameRoleCompensation

Yasmine Arrington

Founder and Executive Directo

Board

$117K

40 hrs/wk

Natalie Eisner

Board Member

Board

—

2 hrs/wk

Stephanie Cummings Carr

Board Member

Board

—

2 hrs/wk

Robert Mayo

Board Member

Board

—

2 hrs/wk

Alex Hollingsworth

Board Member

Board

—

2 hrs/wk

Karen Addis

Board Member

Board

—

2 hrs/wk

Andranae Nelson

Board Member

Board

—

2 hrs/wk

Chris Magnuson

Board Chair

Board

—

7 hrs/wk

Miyesha Perry

Vice Chair

Board

—

2 hrs/wk

Scott Rechler

Treasurer

Board

—

2 hrs/wk

Raynna Nkwanyuo

Secretary

Board

—

2 hrs/wk

Grants received

Showing 47 of 47

FromAmountPurposeYear

THE MORRIS AND GWENDOLYN CAFRITZ

$60K

EDUCATION

2024

THE NORTH STAR CHARITABLE FOUNDATION

$50K

GENERAL PURPOSE

2024

THE ELEVATE PRIZE FOUNDATION INC

$50K

CNN HEROES PROGRAM - TO SUPPORT COLLEGE-BOUND YOUNG ADULTS WHO HAVE INCARCERATED PARENTS

2024

CENTER FOR NONPROFIT ADVANCEMENT

$25K

GENERAL SUPPORT

2024

LUTHER I REPLOGLE FOUNDATION

$8K

SCHOLARSHIP PROGRAM

2024

Arthur J Gallagher Foundation

$1K

GENERAL EXEMPT PURPOSE

2024

THE NORTH STAR CHARITABLE FOUNDATION

$75K

GENERAL PURPOSE

2023

PAYPAL CHARITABLE GIVING FUND

$27K

—

2023

UNIVERSAL MUSIC ALL TOGETHER NOW

$20K

GENERAL OPERATING SUPPORT

2023

Enterprise Holdings Foundation

$18K

Program Support

2023

AMERICAN ONLINE GIVING FOUNDATION INC

$11K

GENERAL SUPPORT

2023

LUTHER I REPLOGLE FOUNDATION

$8K

GENERAL OPERATING SUPPORT

2023

KIMSEY FOUNDATION

$5K

GENERAL OPERATING

2023

KENNETH RAININ FOUNDATION

$3K

GENERAL OPERATING SUPPORT

2023

THE NORTH STAR CHARITABLE FOUNDATION

$75K

GENERAL PURPOSE

2022

Enterprise Holdings Foundation

$18K

Program Support

2022

AMERICAN ONLINE GIVING FOUNDATION INC

$14K

GENERAL SUPPORT

2022

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$6K

For grant recipient's exempt purposes

2022

SYLARN FOUNDATION

$5K

GENERAL OPERATIONS

2022

LUTHER I REPLOGLE FOUNDATION

$5K

GENERAL OPERATING SUPPORT

2022

KIMSEY FOUNDATION

$5K

GENERAL OPERATING

2022

KENNETH RAININ FOUNDATION

$3K

GENERAL OPERATIONS

2022

Kiwanis Foundation of Alexandria VA Inc

$3K

Youth Services

2022

The Bank of America Charitable Foundation Inc

$35

PROGRAM/OPERATING SUPPORT

2022

The Bank of America Charitable Foundation Inc

$25

PROGRAM/OPERATING SUPPORT

2022

Enterprise Holdings Foundation

$18K

Program Support

2021

LUTHER I REPLOGLE FOUNDATION

$5K

GENERAL OPERATING SUPPORT

2021

KIMSEY FOUNDATION

$5K

GENERAL OPERATING

2021

Kiwanis Foundation of Alexandria VA Inc

$3K

Youth Services

2021

JPMORGAN CHASE FOUNDATION

$2K

GENERAL OPERATING SUPPORT

2021

The Bank of America Charitable Foundation Inc

$50

OPERATIONAL SUPPORT

2021

FOUNDATION TO PROMOTE OPEN SOCIETY

$200K

to provide youth who are directly impacted by mass incarceration with opportunities to go to college via scholarships, mentoring, and a supportive peer network

2020

THE NORTH STAR CHARITABLE FOUNDATION

$35K

GENERAL PURPOSE

2020

CLARK CHARITABLE FOUNDATION INC

$30K

GENERAL OPERATING SUPPORT OF SERVICES TO YOUTH WITH INCARCERATED PARENTS

2020

THE MORRIS AND GWENDOLYN CAFRITZ

$25K

EDUCATION