SOMERSET SCHOLARSHIP FUND is a Small Public Charity headquartered in MENDOTA HEIGHTS, MN. Financial data from the 2025 filing: $97K revenue, $138K expenses, $59K total assets. 21 publicly reported grants to this organization, totaling roughly $205K, appear in IRS filings.
SOMERSET SCHOLARSHIP FUND IS ORGANIZED AND OPERATED TO RAISE FUNDS FROM MEMBERS OF SOMERSET COUNTRY CLUB THAT ARE USED TO PROVIDE SCHOLARSHIPS TO EMPLOYEES OR DECENDANTS OF SUCH EMPLOYEES, OF SOMERSET COUNTRY CLUB, WHICH IS A 503(C)(7) ORGANIZATION. MEMBERS OF SOMERSET COUNTRY CLUB, THE CLUB MANAGER, THE BOARD OF DIRECTORS, OFFICERS, AND COMMITTEE MEMBERS ARE NOT ELIGIBLE TO BE SCHOLARSHIP RECEIPIENTS.
Showing up to 5 of 21 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $97K | $138K | $59K |
| 2024 | $80K | $136K | $99K |
| 2023 | $97K | $92K | $153K |
| 2022 | $97K | $73K | $148K |
| 2021 | $120K | $92K | $124K |
Between 2021 and 2025, reported annual revenue declined from $120K to $97K (-20%), with total assets most recently reported at $59K.
Interactive year-over-year charts and full filing details available with membership.
