EIN 04-2296967

Scholarship America

IRS 501(c) type
501(c)(3)
Num. employees
246
Year formed
1961
Most recent tax filings
2022-12-01
Description
To mobilize America, through scholarships and educational support, to make postsecondary education possible for all students.
Related structure
Scholarship America is a parent organization to a group of 454 other organizations.
Total revenues
$222,521,699
2022
Total expenses
$217,322,589
2022
Total assets
$168,435,471
2022
Num. employees
246
2022

Program areas at Scholarship America

Scholarship America (program management) is the leading private education assistance service provider in the country, helping corporations, foundations and individuals design and administer Scholarship and related educational assistance programs.
Other program services include the families of freedom Scholarship program and other related education program research, policy and community engagement activities.
Dollars for scholars is a national network of 450 community-based, volunteer-driven affiliated organizations that raise funds and provide scholarships and educational support to local students in communities across the country.

Who funds Scholarship America

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Burger King FoundationScholarships$3,914,044
Saint Paul and Minnesota FoundationMultiple Grants for Multiple Purposes$2,028,942
Abbvie FoundationScholarships$1,621,789
...and 118 more grants received totalling $25,466,624

Personnel at Scholarship America

NameTitleCompensation
Michael NylundPresident and Chief Executive Officer$276,551
Richard GreeneChief Financial Officer$235,292
Don YuChief Strategy and Product Officer
Bonnie MelvilleVice President , Operations$187,313
Amy RobinsonVice President , Marketing and Brand Strategy$188,406
...and 14 more key personnel

Financials for Scholarship America

RevenuesFYE 12/2022
Total grants, contributions, etc.$205,865,875
Program services$14,221,466
Investment income and dividends$2,511,452
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$132,247
Net income from fundraising events$-282,133
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$72,792
Total revenues$222,521,699

Form 990s for Scholarship America

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-15990View PDF
2020-122021-10-13990View PDF
2019-122021-04-02990View PDF
2018-122019-10-11990View PDF
2017-122018-10-16990View PDF
...and 9 more Form 990s

Organizations like Scholarship America

OrganizationLocationRevenue
Big Shoulders FundChicago, IL$62,883,883
Step Up For Students - FloridaJacksonville, FL$913,033,619
Rutgers University FoundationNew Brunswick, NJ$202,492,280
First BookWashington, DC$104,666,814
Stephen Siller Tunnel To Towers FoundationStaten Island, NY$305,316,257
University of Nevada-Reno FoundationReno, NV$59,644,067
The Foundation for City CollegeNew York, NY$102,453,904
A4bgu (AABGU)New York, NY$56,387,922
American Friends of Hebrew UniversityNew York, NY$104,687,211
Food For The Poor (FFP)Coconut Creek, FL$491,300,980
Data update history
March 1, 2024
Posted financials
Added Form 990N for fiscal year 2023
January 3, 2024
Received grants
Identified 44 new grant, including a grant for $781,500 from Baxter
October 26, 2023
Received grants
Identified 14 new grant, including a grant for $3,914,044 from Burger King Foundation
October 15, 2023
Updated personnel
Identified 6 new personnel
September 28, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
Nonprofit Types
SchoolsEducational service providersHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Fundraising eventsOperates internationallyNational levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donations
General information
Address
7900 International Dr 500
Minneapolis, MN 55425
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
scholarshipamerica.org/ 
Phone
(800) 537-4180
Facebook page
ScholarshipAmerica 
Twitter profile
@scholamerica 
IRS details
EIN
04-2296967
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1961
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Parent of group exemption
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