NonprofitsScholarship America Inc

Education

Scholarship America Inc

MINNEAPOLIS, MN

Total revenue

$42.8M

Total expenses

$29.3M

Net assets

$277.3M

Grants received

$9.2M

18 grants

EIN

237039405

Tax year

2024

Mission

The mission of scholarship america is to eliminate barriers to educational success so that any student can pursue their dream.

Financials

FY 2024

Revenue

Contributions & grants$27.9M
Program service revenue
Investment income$12.4M
Other revenue$2.5M
Total revenue$42.8M

Expenses

Grants paid$25.8M
Salaries & benefits
Fundraising$435K
Other expenses$3.6M
Total expenses$29.3M
Total assets$277.3M
Net assets$277.3M

People

1 listed

NameRoleCompensation

SEE

SCHEDULE O

Board

0

Grants received

Showing 18 of 18

FromAmountPurposeYear
$1.8M
BRAVE OF HEART SCHOLARSHIPS
2024
$239K
FOR THE ASM GLOBAL STARS SCHOLARSHIP PROGRAM. THE FUNDS GRANTED WERE DIRECTLY AWARDED TO THE SCHOLARSHIP RECIPIENTS. 100 STUDENTS WERE GIVEN A $2,500 SCHOLARSHIP AWARD.
2024
$35K
SCHOLARSHIPS AND GENERAL FUND RESEARCH EDUCATION
2024
$9K
SCHOLARSHIPS, FINANCIAL AID & SCHOLAR SUPPORT SERVICES
2024
$1.8M
BRAVE OF HEART SCHOLARSHIPS
2023
$76K
UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE
2023
$37K
SCHOLARSHIPS AND GENERAL FUND RESEARCH EDUCATION
2023
$2.3M
BRAVE OF HEART SCHOLARSHIPS
2022
$1.0M
SCHOLARSHIP PROGRAM SERVICES
2022
$69K
UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE
2022
$32K
SCHOLARSHIPS AND GENERAL FUND RESEARCH EDUCATION
2022
$32K
SCHOLARSHIPS AND GENERAL FUND RESEARCH EDUCATION
2021
$30K
SCHOLARSHIPS AND GENERAL FUND RESEARCH EDUCATION
2020
$8K
FOR SCHOLARSHIPS AWARDED IN JUNE 2020
2020

Funded by

$9.2M from 8 funders · 18 grants · 2017–2024

E4E Relief Llc

$5.9M · 3 grants · 2022–2024

California Community Foundation

$1.7M · 2 grants · 2017–2020

Achieve Atlanta Inc

$1.0M · 1 grant · 2022

Asm Global Acts Foundation

$239K · 1 grant · 2024

Rci-Iibec Foundation Inc

$166K · 5 grants · 2020–2024

Community Foundation Of New Jersey

$155K · 3 grants · 2022–2024

American Online Giving Foundation Inc

$12K · 2 grants · 2021–2023

Berkshire Taconic Community

$8K · 1 grant · 2020

Details

EIN237039405
NTEE codeB820
Subsection03
Ruling date1962-04
Formed1961
Employees8
Volunteers9500
SCHOLARSHIP AMERICA INC — Mission, Financials & Grants Received | Grantivo