Public Charity

GREAT ASPIRATIONS SCHOLARSHIP PROGRAM INC

GREAT ASPIRATIONS SCHOLARSHIP PROGRAM INC is a Public Charity headquartered in RICHMOND, VA. Financial data from the 2025 filing: $2.5M revenue, $2.5M expenses, $8.4M total assets. 43 publicly reported grants to this organization, totaling roughly $976K, appear in IRS filings.

EIN: 521277427 RICHMOND, VA Latest filing: 2025
Total Revenue$2.5M
Total Expenses$2.5M
Total Assets$8.4M
Grant Records43
Funding Total$976K
Filing Years2020–2025

Mission

TO PROVIDE RESOURCES TO STUDENTS AND FAMILIES IN NEED TO ACCESS FINANCIAL AID, SCHOLARSHIPS, PRIVATE FINANCIAL SUPPORT AND COUNSELING TO ENCOURAGE AND MAXIMIZE EACH STUDENT'S EDUCATIONAL OPPORTUNITIES. GRASP'S FOCUS IS ON INCREASING COLLEGE, TECHNICAL SCHOOL, AND WORKFORCE CREDENTIAL ACCESS AND GRADUATION RATES, PARTICULARLY AMONG FAMILIES WITHOUT SUFFICIENT FINANCIAL RESOURCES TO ACCOMPLISH THIS WITHOUT GRASP'S GUIDANCE AND FINANCIAL ASSISTANCE.

Officers & Directors

CHIEF COMPLI Anne Michie
DIRECTOR Cheryl Burke
DIRECTOR Christopher Lloyd
DIRECTOR Chuck Duvall
DIRECTOR David Didawick
DIRECTOR Ebony Lambert

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$313,397 7 grants
EDUCATIONAL SUCCESS
$127,918 3 grants
GENERAL PURPOSES; STUDENT ADVISING SERVICES; IN-SCHOOL FINANCIAL AID ADVISING
$100,250 1 grant
GENERAL SUPPORT
$73,290 8 grants
GENERAL OPERATING FUNDS TO SUPPORT ASSISTANCE WITH COLLEGE FINANCIAL AID
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.5M $2.5M $8.4M
2024 $2.7M $2.2M $8.1M
2023 $2.3M $2.0M $5.0M
2021 $2.1M $1.5M $4.6M
2020 $1.5M $1.7M $3.7M

Between 2020 and 2025, reported annual revenue grew from $1.5M to $2.5M (+64%), with total assets most recently reported at $8.4M.

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

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