EIN 54-6038828

Dolphin Scholarship Foundation

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
1990
Most recent tax filings
2023-06-01
Description
The Dolphin Scholarship Foundation believes in achieving the enhancement of human potential and quality of life through education, as many sons, daughters, and spouses of U.S. Navy submariners face financial obstacles while pursuing undergraduate studies. The foundation is organized exclusively for charitable and educational purposes under the section 501(c)(3) of the internal revenue code, ensuring tax-exempt status.
Total revenues
$855,430
2023
Total expenses
$635,644
2023
Total assets
$7,643,427
2023
Num. employees
5
2023

Program areas at Dolphin Scholarship Foundation

Dolphin Scholarship Foundation is organized exclusively for charitable and educational purposes as set forth under section 501(c)(3) of the internal revenue code of 1986 or the corresponding provision of any future federal law of taxation (the code) and primarily for the purpose of holding, investing, administering and distributing funds to provide financial assistance to certain of the dependents of officers and enlisted personnel of the submarine force of the united states navy in order to enable and assist such dependents to pursue a post-secondary education. Dolphin Scholarship Foundation also administers scholarships to provide financial assistance to enlisted personnel, and the dependents of officers and enlisted personnel who are serving or have served on specific u.s. navy submarines to enable and assist them in pursuing a post-secondary education.

Who funds Dolphin Scholarship Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundEducation$10,200
PayPal Giving FundGeneral Support$7,418
Kaplan Public Service FoundationGeneral Contribution for Donee's Charitable Purpose$5,195
...and 2 more grants received

Personnel at Dolphin Scholarship Foundation

NameTitleCompensation
Andrew ClarkExecutive Director$88,214
Keith B FargoSecretary and Treasurer$0
Colleen HoustonChairperson$0
Steven W MaasPresident$0
Scott R van BuskirkVice President$0
...and 3 more key personnel

Financials for Dolphin Scholarship Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$686,471
Program services$0
Investment income and dividends$172,380
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-64,045
Net income from fundraising events$56,568
Net income from gaming activities$0
Net income from sales of inventory$4,056
Miscellaneous revenues$0
Total revenues$855,430

Form 990s for Dolphin Scholarship Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-14990View PDF
2022-062022-11-10990View PDF
2021-062021-11-11990View PDF
2020-062021-04-05990View PDF
2019-062020-01-31990View PDF
...and 10 more Form 990s
Data update history
December 25, 2023
Posted financials
Added Form 990 for fiscal year 2023
December 23, 2023
Received grants
Identified 2 new grant, including a grant for $7,418 from PayPal Giving Fund
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 5, 2023
Updated personnel
Identified 2 new personnel
May 8, 2023
Received grants
Identified 1 new grant, including a grant for $8,742 from PayPal Giving Fund
Nonprofit Types
Grantmaking organizationsSchoolsMilitary and veteran charitiesCharities
Issues
EducationMilitary and veterans
Characteristics
Fundraising eventsEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
4966 Euclid Rd Suite 109
Virginia Beach, VA 23462
Metro area
Virginia Beach-Norfolk-Newport News, VA-NC
County
Virginia Beach city, VA
Website URL
dolphinscholarship.org/ 
Phone
(757) 671-3200
IRS details
EIN
54-6038828
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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