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Iota Alpha Lambda Education Foundation Inc. is a private corporation based in ABERDEEN, MD. The foundation received its IRS ruling in 2019. The principal officer is % Timothy Jones. It holds total assets of $28K. Annual income is reported at $10K. College scholarships. According to available records, Iota Alpha Lambda Education Foundation Inc. has made 16 grants totaling $52K, with a median grant of $4K. Annual giving has decreased from $16K in 2020 to $8K in 2023. Grantmaking activity was highest in 2021 with $22K distributed across 6 grants. Individual grants have ranged from $501 to $6K, with an average award of $3K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
Fundraising Expenses Scholarships
Expenses: $28K
College scholarships. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MD.
Iota Alpha Lambda Education Foundation Inc. has distributed a total of $52K across 16 grants. The median grant size is $4K, with an average of $3K. Individual grants have ranged from $501 to $6K.
Iota Alpha Lambda Education Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is 6 months before 1st semester. Area college students Cecil Harford Community Colleges.
Iota Alpha Lambda Education Foundation Inc. is headquartered in ABERDEEN, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James K Scroggins | Director | $0 | $0 | $0 |
| Richard Carey | Director | $0 | $0 | $0 |
| Kenneth R Avery | VicePresident | $0 | $0 | $0 |
| Timothy Jones | Treasurer | $0 | $0 | $0 |
| James Clark | President | $0 | $0 | $0 |
Total Giving
$9K
Total Assets
$33K
Fair Market Value
$33K
Net Worth
$33K
Grants Paid
$8K
Contributions
$11K
Net Investment Income
$0
Distribution Amount
$0
Total Grants
16
Total Giving
$52K
Average Grant
$3K
Median Grant
$4K
Unique Recipients
2
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harford Community CollegeScholarship payments | Bel Air, MD | $5K | 2023 |
| Cecil CollegeCollege scholarships | North East, MD | $4K | 2023 |
PINEVILLE, SC
MORRISTOWN, NJ
COMMERCE, TX
SAINT PAUL, MN
ATLANTA, GA
| Kevin Mckinney |
| Education Chair |
| $0 |
| $0 |
| $0 |
| Van R Jones | Secretary | $0 | $0 | $0 |
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