Public Charity

MANCHESTER SCHOLARSHIP FOUNDATION INC

MANCHESTER SCHOLARSHIP FOUNDATION INC is a Public Charity headquartered in MANCHESTER, CT. Financial data from the 2024 filing: $2.3M revenue, $1.1M expenses, $25.6M total assets. 18 publicly reported grants to this organization, totaling roughly $620K, appear in IRS filings.

EIN: 066076924 MANCHESTER, CT Latest filing: 2024
Total Revenue$2.3M
Total Expenses$1.1M
Total Assets$25.6M
Grant Records18
Funding Total$620K
Filing Years2019–2024

Mission

TO RAISE MONEY FOR THE PURPOSE OF AWARDING SCHOLARSHIPS TO ASSIST STUDENTS IN OBTAINING EDUCATION BEYOND THE SECONDARY SCHOOL LEVEL; TO GRANT SUCH SCHOLARSHIPS ON THE BASIS OF A COMBINATION OF THE FOLLOWING: COMMUNITY AND SCHOOL INVOLVEMENT, FINANCIAL NEED AND SCHOLASTIC ATTAINMENT; TO ACCOMPLISH THE ABOVE ACTIVITIES WITHOUT DISCRIMINATION AS TO RACE, CREED, COLOR, NATIONAL ORIGIN, ANCESTRY, GENDER, SEXUAL ORIENTATION, OR DISABILITY.

Officers & Directors

DIRECTOR Ben Carbonetti
DIRECTOR Ben Tabachnick
SECRETARY & Carol Powell
DIRECTOR Catherine Koehler
TREASURER David Cass
DIRECTOR Holly Schaefer

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATING SUPPORT
$154,590 4 grants
EDUCATION HIGHER EDUCATION
$135,806 4 grants
SCHOLARSHIPS
$120,494 3 grants
EDUCATION SCHOLARSHIP
$74,118 2 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$52,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.3M $1.1M $25.6M
2023 $2.7M $1.1M $24.2M
2022 $871K $1.0M $23.5M
2020 $769K $779K $17.4M
2019 $2.2M $749K $17.4M

Between 2019 and 2024, reported annual revenue grew from $2.2M to $2.3M (+4%), with total assets most recently reported at $25.6M.

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

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