Public Charity

INNER CITY SCHOLARSHIP FUND INC

INNER CITY SCHOLARSHIP FUND INC is a Public Charity headquartered in NEW YORK, NY. Financial data from the 2025 filing: $48.8M revenue, $28.8M expenses, $143.2M total assets. 119 publicly reported grants to this organization, totaling roughly $14.3M, appear in IRS filings.

EIN: 510453629 NEW YORK, NY Latest filing: 2025
Total Revenue$48.8M
Total Expenses$28.8M
Total Assets$143.2M
Grant Records119
Funding Total$14.3M
Filing Years2021–2025

Mission

INNER-CITY SCHOLARSHIP FUND (ICSF) ENSURES THAT THE GIFT OF AN EXCELLENT K-12 CATHOLIC SCHOOL EDUCATION IN THE ARCHDIOCESE OF NEW YORK CONTINUES TO BE A VIABE OPTION FOR BOTH CURRENT AND FUTURE STUDENTS OF ALL FAITHS. SEE SCHEDULE O.

Where $100 goes at Inner City Scholarship Fund Inc

How Inner City Scholarship Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$84 Programs the work itself
$5 Management running the organization
$11 Fundraising raising the next dollar

Inside the $84 for programs

$59
Internally managed scholarships
70% of program spending
$24
Externally managed scholarships
29% of program spending
$1
Financial aid grants
1% of program spending
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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

CHIEF OF STAFF, SPECIAL CO Alberto Robaina
TRUSTEE Ana L Diez De Rivera-Laffont
TRUSTEE/VICE PRESIDENT Anthony J De Nicola
TRUSTEE Armando Rodriguez Jr
TRUSTEE Arthur J Mahon
TRUSTEE Bishop Edmund J Whalen

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$9,470,874 71 grants
Education
$4,627,042 43 grants
Arts & Culture
$176,800 1 grant
Economic Development
$25,000 1 grant
Unspecified
$12,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $48.8M $28.8M $143.2M
2024 $26.5M $21.5M $121.3M
2023 $19.3M $20.1M $107.2M
2022 $17.5M $19.3M $102.4M
2021 $24.8M $20.1M $115.8M

Between 2021 and 2025, reported annual revenue grew from $24.8M to $48.8M (+97%), with total assets most recently reported at $143.2M.

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

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