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Irving W Mershon Scholarship Fund is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1974. The principal officer is Bank Of America N A. It holds total assets of $171K. Annual income is reported at $43K. Total assets have grown from $130K in 2011 to $158K in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New Jersey, New Hampshire and Pennsylvania. According to available records, Irving W Mershon Scholarship Fund has made 26 grants totaling $34K, with a median grant of $1K. The foundation has distributed between $5K and $14K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $14K distributed across 6 grants. Individual grants have ranged from $375 to $4K, with an average award of $1K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in New Jersey, Pennsylvania, New Hampshire, which account for 38% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$2K
Based on 3 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.
Irving W Mershon Scholarship Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in NJ, PA, NH.
Irving W Mershon Scholarship Fund has distributed a total of $34K across 26 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $375 to $4K.
Irving W Mershon Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Irving W Mershon Scholarship Fund is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $0 | $0 | N/A |
Total Giving
$9K
Total Assets
$158K
Fair Market Value
$183K
Net Worth
$158K
Grants Paid
$5K
Contributions
$608
Net Investment Income
$4K
Distribution Amount
$8K
Total Grants
26
Total Giving
$34K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
21
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of HartfordSCHOLARSHIPS | West Hartford, CT | $1K | 2023 |
| Iowa StateSCHOLARSHIPS | Ames, IA | $1K | 2021 |
| Mercer County Community CollegeSCHOLARSHIPS | West Windsor, NJ | $1K | 2023 |
| Loyola University MarylandSCHOLARSHIPS | Baltimore, MD | $1K | 2023 |
| Clark Atlanta UniversitySCHOLARSHIPS | Atlanta, GA | $1K | 2023 |
| Howard UniversitySCHOLARSHIPS | Washington, DC | $1K | 2023 |
| University Of New HampshireSCHOLARSHIP | Durham, NH | $2K | 2022 |
| Rider UniversitySCHOLARSHIP | Lawrenceville, NJ | $2K | 2022 |
| Dickinson CollegeSCHOLARSHIP | Carlisle, PA | $2K | 2022 |
| Montclair State UniversitySCHOLARSHIPS | Montclair, NJ | $2K | 2021 |
| Barnard CollegeSCHOLARSHIPS | New York, NY | $750 | 2021 |
| Colgate UniversitySCHOLARSHIPS | Hamilton, NY | $750 | 2021 |
| American UniversitySCHOLARSHIPS | Washington, DC | $750 | 2021 |
| North Carolina State UniversitySCHOLARSHIPS | Raleigh, NC | $525 | 2021 |
| University Of Southern CaliforniaSCHOLARSHIPS | Los Angeles, CA | $525 | 2021 |
| The College Of New JerseySCHOLARSHIPS | Ewing, NJ | $525 | 2021 |
| New York UniversitySCHOLARSHIPS | New York, NY | $525 | 2021 |
| The University Of ChicagoSCHOLARSHIPS | Chicago, IL | $400 | 2021 |
| University Of TampaSCHOLARSHIPS | Tampa, FL | $4K | 2020 |
| George Washington UniversitySCHOLARSHIPS | Washington, DC | $1K | 2020 |
| Harvard UniversitySCHOLARSHIPS | Cambridge, MA | $375 | 2020 |