Public Charity

SCHOLARSHIP AMERICA INC

SCHOLARSHIP AMERICA INC, of MINNEAPOLIS, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $259.9M in revenue, $254.9M in expenses, $207.4M in total assets. 510 publicly reported grants to this organization, totaling roughly $121.7M, appear in IRS filings.

EIN: 042296967 MINNEAPOLIS, MN Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$259.9M
Total Expenses$254.9M
Total Assets$207.4M
Grant Records510
Funding Total$121.7M
Filing Years2021–2025

Mission

SEE SCHEDULE OSCHOLARSHIP AMERICA IS DEDICATED TO REMOVING FINANCIAL BARRIERS SO EVERY STUDENT HAS THE OPPORTUNITY TO PURSUE THEIR DREAMS. OUR MISSION FOCUSES ON PROVIDING EQUITABLE PATHWAYS TO EDUCATION AND TRAINING, ESPECIALLY FOR THOSE WITH FINANCIAL NEED. BY PARTNERING WITH GENEROUS DONORS AND SPONSORS, WE WORK TO ENSURE OUTSTANDING STUDENTS CAN ACCESS THE RESOURCES THEY NEED TO SUCCEED. IN OUR OVER 60 YEARS OF HISTORY, WE HAVE MANAGED TO ADMINISTER AND AWARD $6 BILLION IN SCHOLARSHIPS TO MORE THAN 3.5 MILLION DESERVING STUDENTS ON THE PATHWAY TO EDUCATION.

Where $100 goes at Scholarship America Inc

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

$95 Programs the work itself
$4 Management running the organization
$1 Fundraising raising the next dollar

Inside the $95 for programs

$95
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…
100% of program spending
<$1
Dollars for scholars is a national network of 424 community-based, volunteer-driven affiliated organizations that raise funds and provide scholarships and educational support to local students in communities across…
0% 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.

Sample Grants Received

2025
SCHOLARSHIP
$3,792,814
$537,500
2025
GENERAL SUPPORT
$483,559
2025
RESTRICTED CONTRIBUTION AMY KERWIN-KOBISHOP ACCOUNTING SCHOLARSHIP PROGRAM 2025 IRVING INNOVATION AWARDS SPONSORSHIP, 11/12/25
$110,000

Showing up to 5 of 510 total records — full history available with membership.

Officers & Directors

CHIEF GROWTH OFFICER Abigail Seldin
TRUSTEE Alain Karaoglan
ASSOC VP, MARKETING Claire Berge Schmidt
TRUSTEE Daniel Lee
HRT CHAIR PRO TEM/TRUSTEE Dick Schwab
TREASURER FINANCE & INVESTMENT COMM CHAIR/TRUSTEE Hazel Mcneilage

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$62,599,034 230 grants
General Support
$54,401,068 244 grants
Fundraising & Sponsorship
$870,450 2 grants
Human & Social Services
$581,434 2 grants
Research & Policy
$571,967 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $259.9M $254.9M $207.4M
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

Between 2021 and 2025, reported annual revenue grew from $217.4M to $259.9M (+20%), with total assets most recently reported at $207.4M.

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

See the full picture for SCHOLARSHIP AMERICA INC

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