Public Charity

Maryland Association of Certified Public Accountants Educational Foundation Inc

Maryland Association of Certified Public Accountants Educational Foundation Inc is a Public Charity headquartered in Timonium, MD. Financial data from the 2025 filing: $185K revenue, $140K expenses, $861K total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $20K.

EIN: 521787902 Timonium, MD Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$185K
Total Expenses$140K
Total Assets$861K
Grants Given2
Grant Total$20K
Filing Years2021–2025

Mission

THE MACPA EDUCATIONAL FOUNDATION'S PURPOSE IS TO ENCOURAGE STUDENTS TO PURSUE CAREERS AS CERTIFIED PUBLIC ACCOUNTANTS AND TO CARRY ON CERTAIN CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS, INC (MACPA). THE FOUNDATION ALSO INCLUDES A CPA PIPELINE AND DIVERSITY AND INCLUSION INITIATIVES.

Where $100 goes at Maryland Association of Certified Public Accountants Educational Foundation Inc

How Maryland Association of Certified Public Accountants Educational Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$11 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 $89 for programs

$56
The foundation provides scholarships to accounting students
63% of program spending · Reported in the filing: 60 scholarships
$33
The foundation engaged in a series of educational events and outreach programs including recognition events of new cpas as well as celebrating the achievements of current professionals
37% of 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

DIRECTOR Adriano Lime E Silva
DIRECTOR Anoop Mehta
DIRECTOR Arnold Farmer
DIRECTOR Avonette Blanding
DIRECTOR Dr Satina Williams
DIRECTOR George Willie

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $185K $140K $861K
2024 $181K $155K $770K
2023 $131K $111K $688K
2022 $187K $59K $631K
2021 $84K $16K $635K

Between 2021 and 2025, reported annual revenue grew from $84K to $185K (+120%), with total assets most recently reported at $861K.

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

Grant Geography

Grants from this foundation were reported to recipients in MD.

MD

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

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