Public Charity

MONTGOMERY COUNTY SCHOLARSHIPS INC

MONTGOMERY COUNTY SCHOLARSHIPS INC, of JENKINTOWN, PA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $15.7M in revenue, $4.0M in expenses, $26.5M in total assets. IRS filings disclose 52 grants awarded by this foundation, totaling roughly $6.8M.

EIN: 870969482 JENKINTOWN, PA Fund Raising & Fund Distribution NTEE: B12 Latest filing: 2025
Total Revenue$15.7M
Total Expenses$4.0M
Total Assets$26.5M
Grants Given52
Grant Total$6.8M
Filing Years2023–2025

Mission

MONTGOMERY COUNTY SCHOLARSHIPS, INC. IS A NON PROFIT SET UP TO ALLOW INDIVIDUALS AND BUSINESSES WHO RECEIVE TAX CREDITS UNDER THE STATE OF PENNSYLVANIA'S EITC TAX CREDIT PROGRAM TO USE THOSE CREDITS TO PROVIDE FUNDING TO SELECTED, ELIGIBLE, EDUCATION INSTITUTIONS.

Where $100 goes at Montgomery County Scholarships Inc

How Montgomery County Scholarships Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$91 Programs the work itself
$9 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 $91 for programs

$91
This organization processes eitc tax credit gifts on behalf of other schools
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.

Sample Grants Given

PHILADELPHIA, PA · 2025
PA EITC GRANT EXPENSE FOR 2024-2025
$928,055
BRYN MAWR, PA · 2025
PA EITC GRANT EXPENSE FOR 2024-2025
$927,675
MEDIA, PA · 2025
PA EITC GRANT EXPENSE FOR 2025-2026
$230,945
PHILADELPHIA, PA · 2025
PA EITC GRANT EXPENSE FOR 2025-2026
$188,910
PHILADELPHIA, PA · 2025
PA EITC GRANT EXPENSE FOR 2025-2026
$184,000

Showing up to 5 of 52 total records — full history available with membership.

Officers & Directors

TRUSTEE Jaret Gronczewski
DIRECTOR Jed Silversmith
TRUSTEE Mitch Bober
TRUSTEE Stephen Pieklik
DIRECTOR Todd Unger

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,480,368 36 grants
Unspecified
$3,314,036 16 grants

Financial Trends

Year Revenue Expenses Assets
2025 $15.7M $4.0M $26.5M
2024 $3.8M $3.6M $3.6M
2023 $3.4M $20K $3.4M

Between 2023 and 2025, reported annual revenue grew from $3.4M to $15.7M (+358%), with total assets most recently reported at $26.5M.

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

Grant Geography

Grants from this foundation were reported to recipients in PA.

PA

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

See the full picture for MONTGOMERY COUNTY SCHOLARSHIPS INC

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