Public Charity

CARNEY SCHOLARSHIP FOUNDATION INC

CARNEY SCHOLARSHIP FOUNDATION INC is a private foundation categorized as Public Charity based in WEST HARTFORD, CT. Its most recent IRS filing (2025) reports revenue of $194K, expenses of $220K, total assets of $4.5M. Imperigo tracks 9 reported grants from this foundation totaling approximately $1.6M.

EIN: 222475037 WEST HARTFORD, CT Latest filing: 2025
Total Revenue$194K
Total Expenses$220K
Total Assets$4.5M
Grants Given9
Grant Total$1.6M
Filing Years2021–2025

Mission

TO PROVIDE INCOME TO THE UNIVERSITY OF HARTFORD TO GRANT SCHOLARSHIPS TO FULL-TIME UNIVERSITY OF HARTFORD UNDERGRADUATE STUDENTS.

Where $100 goes at Carney Scholarship Foundation Inc

How Carney Scholarship Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$86
To provide income to the university of hartford to grant scholarships to full-time university of hartford undergraduate students
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT David P Hussey
SECRETARY/TR Elaine Daly
TRUSTEE Katherine Deacon
TRUSTEE Peter Sweeney

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$1,592,750 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $194K $220K $4.5M
2024 $140K $204K $4.1M
2023 $41K $201K $3.8M
2022 $36K $201K $3.4M
2021 $431K $214K $4.2M

Between 2021 and 2025, reported annual revenue declined from $431K to $194K (-55%), with total assets most recently reported at $4.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CT.

CT

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for CARNEY SCHOLARSHIP FOUNDATION INC

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