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Inner-City Scholarship Fund INC

Public charity
DBA: % REV MSGR JOSEPH P LAMORTE
Other · NEW YORK, NY · EIN 51-0453629

About

Mission inner city scholarship fund, INC. (ICSF) exists to ensure that the gift of an excellent catholic school education continues to be a viable option for current and future generations of students of ALL faiths and to students in our participating schools. They work and live throughout the TRI-state AREA and their common desire is to help the BOYS and girls of the inner-city by providing them with enriching experience.

In care of REV MSGR Joseph P Lamorte

Donations are tax-deductible
Category
Other
Employees
31
Volunteers
94

Financial Snapshot

FY ending 2024-08-31
Revenue
$26.5M
Expenses
$21.5M
Assets
$121.3M
Liabilities
$1.2M

Financial history

$50.3M$25.2M$0
161718192021222324
RevenueExpenses
Latest FY2024: $26.5M · Peak FY2019: $50.3M · Avg: $27.4M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$8.7M
INNER-CITY SCHOLARSHIP FUND INC
Your actions

Address

489 Madison AVE 6TH Floor
New YORK, NY, 10022-000

Governance

Voting board members37
Independent members37
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %11.0%
Permanent endowment %89.0%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$737K
Net to org$26K
Retained by contractors$710K
ChannelsMail · Email
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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