Public Charity

MARINE CORPS SCHOLARSHIP FOUNDATION INC

MARINE CORPS SCHOLARSHIP FOUNDATION INC, of ALEXANDRIA, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $39.4M in revenue, $22.2M in expenses, $194.1M in total assets. 272 publicly reported grants to this organization, totaling roughly $25.0M, appear in IRS filings.

EIN: 221905062 ALEXANDRIA, VA Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$39.4M
Total Expenses$22.2M
Total Assets$194.1M
Grant Records272
Funding Total$25.0M
Filing Years2021–2025

Mission

SEE SCHEDULE OTHE MARINE CORPS SCHOLARSHIP FOUNDATION IS THE NATION'S OLDEST AND LARGEST PROVIDER OF NEED-BASED SCHOLARSHIPS TO MILITARY CHILDREN. FOUNDED IN 1962, THE MARINE CORPS SCHOLARSHIP FOUNDATION PROVIDES ACCESS TO EDUCATION FOR THE CHILDREN OF MARINES, NAVY CORPSMEN, AND RELIGIOUS PROGRAM SPECIALISTS ATTENDING POST-HIGH SCHOOL, UNDERGRADUATE, AND CAREER TECHNICAL EDUCATION PROGRAMS. THROUGHOUT OUR HISTORY, WE HAVE AWARDED MORE THAN 60,000 SCHOLARSHIPS VALUED AT MORE THAN $235 MILLION. EVERY QUALIFIED STUDENT WHO HAS APPLIED HAS RECEIVED AID.

Where $100 goes at Marine Corps Scholarship Foundation Inc

How Marine Corps Scholarship Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$67 Programs the work itself
$10 Management running the organization
$23 Fundraising raising the next dollar

Inside the $67 for programs

$67
For the 2025-2026 academic year, the Marine Corps Scholarship Foundation awarded $12.1 million to 2,886 children of marines and navy corpsmen in all 50 states and overseas.The quality…
All program spending · Reported in the filing: 2,886 children of marines
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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 Cassie Broemmer
DIRECTOR Catherine Thomas
CHIEF ADVANCEMENT OFFICER Courtney Balson
DIRECTOR OF COMMUNICATIONS Dana M Mills
DIRECTOR Dan Henderson
DIRECTOR - UNTIL 10/2024 Dan Nelson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$13,869,785 131 grants
Education
$10,597,269 112 grants
Economic Development
$81,000 2 grants
Fundraising & Sponsorship
$75,000 2 grants
Human & Social Services
$10,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $39.4M $22.2M $194.1M
2024 $21.3M $21.0M $176.8M
2023 $22.4M $19.2M $161.0M
2022 $37.4M $17.2M $143.5M
2021 $34.3M $15.2M $149.1M

Between 2021 and 2025, reported annual revenue grew from $34.3M to $39.4M (+15%), with total assets most recently reported at $194.1M.

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

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