Mission
Award a minimum of three (3) incoming (Freshman) and three (3) retention (upperclassmen) scholarships annually to underserved/underrepresented students attending James Madison University.
Public Charity
OLE SCHOOL SCHOLARSHIP FUND
Based in Chesapeake, VA, OLE SCHOOL SCHOLARSHIP FUND operates as a Public Charity. The organization reported $126K in revenue, $82K in expenses, $531K in total assets for fiscal year 2025. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $400K.
EIN: 261545132
Chesapeake, VA
Latest filing: 2025
Total Revenue$126K
Total Expenses$82K
Total Assets$531K
Grant Records10
Funding Total$400K
Filing Years2021–2025
Sample Grants Received
For grant recipient's exempt purposes
$37,500
OLE SCHOOL ALUMNI SCHOLARSHIP GROUP
$97,000
For grant recipient's exempt purposes
$19,100
UNRESTRICTED SUPPORT OF ORGANIZATIONS MISSION
$10,000
INCREASING UNDER-SERVED REPRESENTATION IN HEALTHCARE
$70,000
Showing up to 5 of 10 total records — full history available with membership.
Officers & Directors
Advisor
Charles May
President
Derek Steele
Vice President
Malcom Taylor
Advisor
Nora Crouch
Treasurer
Walter Stith
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $126K | $82K | $531K |
| 2024 | $174K | $117K | $487K |
| 2023 | $253K | $70K | $430K |
| 2022 | $61K | $5K | $247K |
| 2021 | $158K | $5K | $191K |
Between 2021 and 2025, reported annual revenue declined from $158K to $126K (-21%), with total assets most recently reported at $531K.
Interactive year-over-year charts and full filing details available with membership.