Also known as: SCHOLARSHIP FUND INC
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Carol E Macpherson Memorial Scholarship Fund Inc. is a private corporation based in SAINT PAUL, MN. The foundation received its IRS ruling in 1976. The principal officer is Minnesota Womens Center. It holds total assets of $780K. Annual income is reported at $370K. The foundation is governed by 5 officers and trustees. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Minnesota. According to available records, Carol E Macpherson Memorial Scholarship Fund Inc. has made 64 grants totaling $211K, with a median grant of $4K. Annual giving has grown from $26K in 2021 to $45K in 2024. Grantmaking activity was highest in 2023 with $94K distributed across 22 grants. Individual grants have ranged from $1K to $6K, with an average award of $3K. The foundation has supported 52 unique organizations. Grants have been distributed to organizations in Minnesota and Wisconsin. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$4K
Based on 12 grants from the most recent 990-PF filing.
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.
Carol E Macpherson Memorial Scholarship Fund Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 64 grants. Its grantmaking reaches organizations primarily in MN, WI.
Carol E Macpherson Memorial Scholarship Fund Inc. has distributed a total of $211K across 64 grants. The median grant size is $4K, with an average of $3K. Individual grants have ranged from $1K to $6K.
The application deadline is SUBMISSION DEADLINE IS USUALLY IN JULY FOR THE UPCOMING SCHOOL YEAR.. Eligibility for scholarship: applicant must be a woman-identified student with at least a 5 year gap in their educational career and must demonstrate financial need (as determined by the fafsa application). Applicant must be at least a half-time student.
Carol E Macpherson Memorial Scholarship Fund Inc. is headquartered in SAINT PAUL, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anne Johnson | DIRECTOR | $0 | $0 | N/A |
| Roderick J Macpherson Iii | PRESIDENT | $0 | $0 | N/A |
| Maggie Macpherson | DIRECTOR | $0 | $0 | N/A |
| Mark Macpherson | SECRETARY | $0 | $0 | N/A |
| Lisa West | DIRECTOR | $0 | $0 | N/A |
Total Giving
$57K
Total Assets
$799K
Fair Market Value
$912K
Net Worth
$799K
Grants Paid
$45K
Contributions
$3K
Net Investment Income
$59K
Distribution Amount
$43K
Total: $617K
Total Grants
64
Total Giving
$211K
Average Grant
$3K
Median Grant
$4K
Unique Recipients
52
Most Common Grant
$4K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dalia GarasScholarship | Inver Grove Heights, MN | $5K | 2024 |
| Kortnie BaileyScholarship | Rochester, MN | $5K | 2024 |
| Kristen PorterScholarship | Cohasset, MN | $5K | 2024 |
| Courtney HouckScholarship | Delano, MN | $4K | 2024 |
| Shannon GavinScholarship | St Paul, MN | $4K | 2024 |
| Leyna PapachScholarship | St Paul, MN | $4K | 2024 |
| Rachel TriceScholarship | Edina, MN | $4K | 2024 |
| Randi WatersScholarship | St Cloud, MN | $3K | 2024 |
| Wenli TesarScholarship | St Paul, MN | $2K | 2024 |
| Grace SongScholarship | Lake Elmo, MN | $2K | 2024 |
| Sujaya ThogaruScholarship | Maple Grove, MN | $2K | 2024 |
| Ekaterina NazarenkoScholarship | Minneapolis, MN | $2K | 2024 |
| Lindsey SmakaScholarship | St Paul, MN | $1K | 2024 |
| Amanda KremersScholarship | Wyoming, MN | $1K | 2024 |
| Younin GreenfieldScholarship | Hopkins, MN | $1K | 2024 |
| Caitlyn LueckSCHOLARSHIP | Bemidji, MN | $6K | 2023 |
| Chelsie AndrewsSCHOLARSHIP | Brainerd, MN | $6K | 2023 |
| Pamela DysartSCHOLARSHIP | Falcon Heights, MN | $5K | 2023 |
| Cindy OparaSCHOLARSHIP | West St Paul, MN | $5K | 2023 |
| Mikayla BeuchSCHOLARSHIP | Red Wing, MN | $4K | 2023 |
| Monica GrossSCHOLARSHIP | Ely, MN | $4K | 2023 |
| Hollis EmerySCHOLARSHIP | St Paul, MN | $4K | 2023 |
| Kristine PfauSCHOLARSHIP | Edina, MN | $4K | 2023 |
| Corrie SteckelbergSCHOLARSHIP | Minneapolis, MN | $4K | 2023 |
| Jennifer WeberSCHOLARSHIP | Minneapolis, MN | $3K | 2023 |
| Amanda BachmanSCHOLARSHIP | Lakeville, MN | $3K | 2023 |
| Jessica MendelSCHOLARSHIP | Minneapolis, MN | $5K | 2022 |
| Kendra OlsenSCHOLARSHIP | Minneapolis, MN | $5K | 2022 |
| Tierra PrescottSCHOLARSHIP | Hopkins, MN | $4K | 2022 |
| Emma WorthleySCHOLARSHIP | St Paul, MN | $4K | 2022 |
| Julie GullicksonSCHOLARSHIP | Minneapolis, MN | $4K | 2022 |
| Nadia FifitaSCHOLARSHIP | Willmar, MN | $4K | 2022 |
| Amanda PetersonSCHOLARSHIP | Chanhassen, MN | $4K | 2022 |
| Lynette JohnsonSCHOLARSHIP | Minneapolis, MN | $3K | 2022 |
| Elyce DriftSCHOLARSHIP | Cass Lake, MN | $3K | 2022 |
| Sheri HansonSCHOLARSHIP | Buffalo, MN | $2K | 2022 |
| Brittany KeefeSCHOLARSHIP | Minneapolis, MN | $2K | 2022 |
| Teressa SwannSCHOLARSHIP | Inver Grove Heights, MN | $2K | 2022 |
| Elizabeth LogsdenSCHOLARSHIP | St Paul, MN | $2K | 2022 |