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Also known as: C/O SCOTT SAGAN
Kernwood Scholarship Foundation is a private trust based in SWAMPSCOTT, MA. The foundation received its IRS ruling in 1993. The principal officer is % Scott Sagan. It holds total assets of $68K. Annual income is reported at $16K. COLLEGE SCHOLARSHIPS PAID OUT TO ELIGIBLE RECIPIENTS. According to available records, Kernwood Scholarship Foundation has made 4 grants totaling $73K, with a median grant of $19K. Annual giving has grown from $14K in 2021 to $22K in 2023. Grantmaking activity was highest in 2022 with $38K distributed across 2 grants. Individual grants have ranged from $14K to $22K, with an average award of $18K. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
COLLEGE SCHOLARSHIPS PAID OUT TO ELIGIBLE RECIPIENTS
Expenses: $19K
COLLEGE SCHOLARSHIPS PAID OUT TO ELIGIBLE RECIPIENTS. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MA.
Kernwood Scholarship Foundation has distributed a total of $73K across 4 grants. The median grant size is $19K, with an average of $18K. Individual grants have ranged from $14K to $22K.
Kernwood Scholarship Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is AUGUST 1. LOCAL HIGH SCHOOL GRADUATES (INCLUDING DANVERS, BEVERLY, SALEM, PEABODY, SWAMPSCOTT & MARBLEHEAD).
Kernwood Scholarship Foundation is headquartered in SWAMPSCOTT, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Scott A Sagan | TRUSTEE | $0 | $0 | $0 |
| Steve Solomon | TRUSTEE | $0 | $0 | $0 |
Total Giving
$22K
Total Assets
$77K
Fair Market Value
$77K
Net Worth
$77K
Grants Paid
$22K
Contributions
$18K
Net Investment Income
$213
Distribution Amount
$4K
Total Grants
4
Total Giving
$73K
Average Grant
$18K
Median Grant
$19K
Unique Recipients
1
Most Common Grant
$19K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scholarship Recipients On FileCOLLEGE SCHOLARSHIP | Salem, MA | $22K | 2023 |
TWIN FALLS, ID
LOGAN, IA
BEACON, NY
MOORESVILLE, NC
PALATINE, IL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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