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Ada Scholarship Foundation Inc. is a private corporation based in ADA, MN. The foundation received its IRS ruling in 1987. It holds total assets of $2.7M. Annual income is reported at $747K. Total assets have grown from $2M in 2011 to $2.7M in 2024. The foundation is governed by 5 officers and trustees. Tax records are available from 2016 to 2024. According to available records, Ada Scholarship Foundation Inc. has made 148 grants totaling $254K, with a median grant of $2K. The foundation has distributed between $122K and $132K annually from 2020 to 2021. Individual grants have ranged from $300 to $4K, with an average award of $2K. The foundation has supported 87 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ada Scholarship Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 148 grants. Its grantmaking reaches organizations primarily in MN.
Ada Scholarship Foundation Inc. has distributed a total of $254K across 148 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $300 to $4K.
The application deadline is 4/13/22. Awards to high school seniors in the ada-borup school district of minnesota, for the purpose of acquiring a higher education. Students must maintain a 3.0 gpa or must be in the top 50% of their class, and provide three letters of character reference from non-relatives.
Ada Scholarship Foundation Inc. is headquartered in ADA, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara Anne Larson | SECRETARY | $400 | $0 | $400 |
| Trudy Mickelson | TREASURER | $400 | $0 | $400 |
| Cynthia Ann Julin | VICE PRESIDE | $0 | $0 | N/A |
| Michael Ness | DIRECTOR | $0 | $0 | N/A |
| David Solseng | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.7M
Fair Market Value
N/A
Net Worth
$2.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
148
Total Giving
$254K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
87
Most Common Grant
$2K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Katherine PetrikPOSTSECONDARY EDUCATION | Ada, MN | $3K | 2021 |
| Ivy JohnsonPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Jared BrainardPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Kia StevensonPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Kylie BorgenPOSTSECONDARY EDUCATION | Georgetown, MN | $2K | 2021 |
| Madison SmartPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Mariah MckeeverPOSTSECONDARY EDUCATION | Erskine, MN | $2K | 2021 |
| Nathanial MoyPOSTSECONDARY EDUCATION | Halstad, MN | $2K | 2021 |
| Renae KnoellPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Sierra TuftePOSTSECONDARY EDUCATION | Twin Valley, MN | $2K | 2021 |
| Braden ThompsonPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Brandon StenePOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Carmen KemperPOSTSECONDARY EDUCATION | Gary, MN | $2K | 2021 |
| Chase BuchholzPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| William JacobsonPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Thea DevosPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Robert RoeschPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Elle ScherfenbergPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Eveony ManriquezPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Jace ThompsonPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Jakia ThompsonPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Julia NelsonPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Julissa RodartePOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Kora KritzbergerPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Krista PrunedaPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Mason MillerPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Matthew EricksonPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Meredith SmartPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Olivia SipPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Preston GwinPOSTSECONDARY EDUCATION | Perley, MN | $2K | 2021 |
| Destiny EggenPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Breanna QualleyPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Brett FettingPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Brianna LoosbrockPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Raegan SargentPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Christian StertonPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Gretchen VesledahlPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Grace WarrenPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Audrey VisserPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Sydney HarrisPOSTSECONDARY EDUCATION | Georgetown, MN | $2K | 2021 |
| Riley MillerPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Zoe JohnsonPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Brooke RuebkePOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Elizabeth BirkemeyerPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Ella RockstadPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Emma KroshusPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Luke HeitmanPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Tyler HovenPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |
| Svetlana StoenPOSTSECONDARY EDUCATION | Dilworth, MN | $2K | 2021 |
| Alexander WohlPOSTSECONDARY EDUCATION | Ada, MN | $2K | 2021 |