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Scholarship America INC

Public charity
Other · MINNEAPOLIS, MN · EIN 23-7039405

About

The mission of scholarship america is to eliminate financial barriers so every student has the opportunity to pursue their dreams. Our mission focuses on providing equitable pathways to education and training, especially for those with financial need. Since its inception in 1958, scholarship america has distributed over $5.7 billion in scholarships to 3.2 million students, making scholarship america the largest and most experienced provider of private scholarships in the country. Scholarship america dollars for scholars affiliates are a national network of community-based, volunteer-operated scholarship foundations in cities, towns, and neighborhoods throughout the united states of america. The affiliates provide an effective way for communities to work together on a local level to provide financial support through scholarships, as well as academic support, and thereby assist local students in achieving their educational goals. Scholarship america affiliated dollars for scholars affiliates serve as leaders, resources, and advocates for improving access to postsecondary education.

Donations are tax-deductible
Category
Other
Employees
8
Volunteers
9,500

Financial Snapshot

FY ending 2024-12-31
Revenue
$42.8M
Expenses
$29.3M
Assets
$277.3M
Liabilities
$0

Financial history

$45.2M$22.6M$0
161718192021222324
RevenueExpenses
Latest FY2024: $42.8M · Peak FY2021: $45.2M · Avg: $34.4M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$25.8M
SCHOLARSHIP AMERICA INC
Your actions

Address

7900 International DR STE 500
Minneapolis, MN, 55425-256

Governance

Voting board members3739
Independent members3317
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
990 reviewed by boardYes

Financial detail (Schedule D)

Board-designated %25.0%
Permanent endowment %71.2%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersNo
Gross fundraising receipts$970K
Net to org$947K
Retained by contractors$24K
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
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