Public Charity

SCHOLARSHIP AMERICA INC

SCHOLARSHIP AMERICA INC, of MINNEAPOLIS, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $259.9M in revenue, $243.3M in expenses, $194.4M in total assets. 485 publicly reported grants to this organization, totaling roughly $111.4M, appear in IRS filings.

EIN: 042296967 MINNEAPOLIS, MN Latest filing: 2024
Total Revenue$259.9M
Total Expenses$243.3M
Total Assets$194.4M
Grant Records485
Funding Total$111.4M
Filing Years2020–2024

Mission

SEE SCHEDULE OSCHOLARSHIP AMERICA IS A NATIONAL EDUCATION SERVICE ORGANIZATION. . WE'RE COMMITTED TO CREATING A WORLD WHERE EVERY STUDENT CAN ACCESS THE RESOURCES THEY NEED TO LEARN, GROW, AND SUCCEED. OUR EXPERT APPROACH AND FOCUS ON STUDENTS FACING FINANCIAL CHALLENGES HELP BREAK DOWN BARRIERS AND OPEN DOORS TO EDUCATION. SCHOLARSHIP AMERICA HAS DISTRIBUTED MORE THAN $5.7 BILLION IN SCHOLARSHIP ASSISTANCE TO MORE THAN 3.2 MILLION STUDENTS SINCE 1958. PROGRAMS INCLUDE DOLLARS FOR SCHOLARS, EMERGENCY AID, THE DREAM AWARD SCHOLARSHIP PROGRAM, AND SCHOLARSHIP MANAGEMENT SERVICES.

Officers & Directors

CHIEF GROWTH OFFICER Abigail Seldin
TRUSTEE Alain Karaoglan
TRUSTEE Angel Perez
TRUSTEE Autumn Manning
HRT CHAIR PRO TEM Barbara Mcbee
TRUSTEE Bill Young

Officer compensation and complete director data available with membership.

Top Grant Purposes

SCHOLARSHIPS
$16,777,013 28 grants
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$10,788,963 7 grants
GENERAL SUPPORT
$9,238,201 44 grants
EDUCATION
$8,346,270 50 grants
SCHOLARSHIP
$7,428,912 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $259.9M $243.3M $194.4M
2023 $240.3M $234.7M $172.3M
2022 $222.5M $217.3M $168.4M
2021 $217.4M $207.4M $171.9M
2020 $196.6M $201.1M $150.4M

Between 2020 and 2024, reported annual revenue grew from $196.6M to $259.9M (+32%), with total assets most recently reported at $194.4M.

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

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