Public Charity

NJCPA SCHOLARSHIP FUND

NJCPA SCHOLARSHIP FUND is a Public Charity headquartered in ROSELAND, NJ. Financial data from the 2025 filing: $391K revenue, $295K expenses, $3.0M total assets. 13 publicly reported grants to this organization, totaling roughly $1.3M, appear in IRS filings.

EIN: 222291384 ROSELAND, NJ Latest filing: 2025
Total Revenue$391K
Total Expenses$295K
Total Assets$3.0M
Grant Records13
Funding Total$1.3M
Filing Years2021–2025

Mission

THE MISSION OF THE SCHOLARSHIP FUND IS TO ATTRACT THE BEST AND THE BRIGHTEST OF NEW JERSEY STUDENTS AND RESIDENTS INTO THE ACCOUNTING PROFESSION AND TO SUPPORT ATTAINING THE CERTIFIED PUBLIC ACCOUNTANT DESIGNATION.

Officers & Directors

VICE PRESIDENT Aiysha Johnson
PRESIDENT Angela Garofalo
TRUSTEE Bayaan A Oluyadi
DIR. OF FIN. & ADMIN Greg Tondi
TRUSTEE John M Szczomak
TRUSTEE Joseph A Mcgrath Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

SCHOLARSHIP AWARDS
$659,180 4 grants
SCHOLARSHIP AWARDS TO ACCOUNTING STUDENTS
$528,242 5 grants
LOCAL IMPACT GRANT
$66,000 2 grants
MARKETPLACE GRANT
$25,000 1 grant
Scholarships
$12,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $391K $295K $3.0M
2024 $365K $336K $2.8M
2023 $619K $407K $2.5M
2022 $328K $447K $2.7M
2021 $216K $435K $3.1M

Between 2021 and 2025, reported annual revenue grew from $216K to $391K (+81%), with total assets most recently reported at $3.0M.

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

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