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 2024 filing shows $21.3M in revenue, $21.0M in expenses, $176.8M in total assets. 261 publicly reported grants to this organization, totaling roughly $24.4M, appear in IRS filings.

EIN: 221905062 ALEXANDRIA, VA Latest filing: 2024
Total Revenue$21.3M
Total Expenses$21.0M
Total Assets$176.8M
Grant Records261
Funding Total$24.4M
Filing Years2020–2024

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 NEARLY 60,000 SCHOLARSHIPS VALUED AT MORE THAN $220 MILLION. EVERY QUALIFIED STUDENT WHO HAS APPLIED HAS RECEIVED AID.

Sample Grants Received

2024
For grant recipient's exempt purposes
$769,075
$671,680
$386,750
2024
THE ROBERT R. MCCORMICK FOUNDATION AND MCSF- "HONORING MARINES BY EDUCATING THEIR CHILDREN"
$300,000

Showing up to 5 of 261 total records — full history available with membership.

Officers & Directors

DIRECTOR Cassie Broemmer
DIRECTOR Catherine Thomas
DIRECTOR - UNTIL 10/2023 Charles F Bolden Jr
CHIEF ADVANCEMENT OFFICER Courtney Balson
DIRECTOR OF COMMUNICATIONS Dana M Mills
DIRECTOR Dan Henderson

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$8,517,892 9 grants
EDUCATION
$4,723,286 45 grants
Education
$1,686,120 8 grants
GENERAL SUPPORT
$1,427,420 35 grants
SCHOLARSHIPS, STUDENT FINANCIAL AID, AWARDS
$1,125,800 3 grants

Financial Trends

Year Revenue Expenses Assets
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
2020 $21.2M $14.8M $126.3M

Between 2020 and 2024, reported annual revenue held roughly steady at around $21.3M, with total assets most recently reported at $176.8M.

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

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