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Rsm Memorial Scholarship Foundation is a private corporation based in MEDIA, PA. The foundation received its IRS ruling in 2019. The principal officer is Guy Matthews Esquire. It holds total assets of $513K. Annual income is reported at $111K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, Rsm Memorial Scholarship Foundation has made 12 grants totaling $130K, with a median grant of $10K. The foundation has distributed between $30K and $40K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $40K distributed across 4 grants. Individual grants have ranged from $8K to $20K, with an average award of $11K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$10K
Average Grant
$10K
Largest Grant
$13K
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.
Rsm Memorial Scholarship Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in PA.
Rsm Memorial Scholarship Foundation has distributed a total of $130K across 12 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $8K to $20K.
Rsm Memorial Scholarship Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is ROLLING. Submit inquiry request to joseph monte for application restrictions.
Rsm Memorial Scholarship Foundation is headquartered in MEDIA, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonathan Becker | SECRETARY | $0 | $0 | N/A |
| Guy F Matthews Esq | PRESIDENT | $0 | $0 | N/A |
| Daniel R Coleman | VICE PRESIDE | $0 | $0 | N/A |
| Catherine T Duffy | TREASURER | $0 | $0 | N/A |
Total Giving
$41K
Total Assets
$525K
Fair Market Value
$592K
Net Worth
$525K
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$13K
Distribution Amount
$26K
Total Grants
12
Total Giving
$130K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
2
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ridley High School StudentSCHOLARSHIP FOR EDUCATION | Folsom, PA | $20K | 2023 |
| Williamson College Of The TradesSCHOLARSHIP FOR EDUCATION | Media, PA | $10K | 2023 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA