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The Scholarship Foundation is a private corporation based in CHERRY HILL, NJ. The foundation received its IRS ruling in 1993. It holds total assets of $14K. Annual income is reported at $72K. Total assets have decreased from $116K in 2011 to $25K in 2023. The foundation is governed by 5 officers and trustees. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New Jersey and Pennsylvania. According to available records, The Scholarship Foundation has made 11 grants totaling $463K, with a median grant of $55K. Annual giving has decreased from $134K in 2021 to $60K in 2023. Grantmaking activity was highest in 2022 with $270K distributed across 6 grants. Individual grants have ranged from $3K to $76K, with an average award of $42K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New Jersey and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$12K
Median Grant
$53K
Average Grant
$46K
Largest Grant
$75K
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.
The Scholarship Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NJ, PA.
The Scholarship Foundation has distributed a total of $463K across 11 grants. The median grant size is $55K, with an average of $42K. Individual grants have ranged from $3K to $76K.
The application deadline is SUBMISSION DEADLINE - APRIL 30. Scholarships to students attending college.
The Scholarship Foundation is headquartered in CHERRY HILL, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Theodore Sachs | DIRECTOR | $0 | $0 | N/A |
| Bernard T Cote | PRESIDENT/TREASURER | $0 | $0 | N/A |
| Conrad Berthiaume | DIRECTOR | $0 | $0 | N/A |
| Gina Amodio-Demartis | DIRECTOR | $0 | $0 | N/A |
| Susan Watson | SECRETARY | $0 | $0 | N/A |
Total Giving
$76K
Total Assets
$25K
Fair Market Value
$25K
Net Worth
$24K
Grants Paid
$60K
Contributions
$60K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$463K
Average Grant
$42K
Median Grant
$55K
Unique Recipients
3
Most Common Grant
$76K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ronald E Smallwood Scholarship FundCOLLEGE SCHOLARSHIP | King Of Prussia, PA | $58K | 2023 |
| Robert J Moonan Sr Scholarship FundCOLLEGE SCHOLARSHIP | Trenton, NJ | $3K | 2023 |
| Subaru Of America Foundation ScholaCOLLEGE SCHOLARSHIP | Camden, NJ | $76K | 2022 |