Public Charity

THE CENTRAL SCHOLARSHIP BUREAU INC

Based in OWINGS MILLS, MD, THE CENTRAL SCHOLARSHIP BUREAU INC operates as a Public Charity. The organization reported $1.6M in revenue, $1.9M in expenses, $13.1M in total assets for fiscal year 2024. Imperigo tracks 45 reported grant relationships connected to this organization totaling approximately $2.7M.

EIN: 526012589 OWINGS MILLS, MD Latest filing: 2024
Total Revenue$1.6M
Total Expenses$1.9M
Total Assets$13.1M
Grant Records45
Funding Total$2.7M
Filing Years2020–2024

Mission

THE CENTRAL SCHOLARSHIP BUREAU, INC. (ORGANIZATION) IS A MARYLAND NON-STOCK NOT-FOR-PROFIT ORGANIZATION THAT HELPS MARYLANDERS FULFILL THEIR DREAMS OF PURSUING HIGHER EDUCATION BY MAKING HIGHER EDUCATION MORE AFFORDABLE. (CONTINUED IN SCHEDULE O)THE ORGANIZATION AWARDS NEED-BASED SCHOLARSHIPS AND INTEREST-FREE LOANS TO HIGH-PERFORMING STUDENTS THROUGHOUT MARYLAND, OFFERS COLLEGE CASH FINANCIAL EDUCATION SEMINARS TO STUDENTS AND PARENTS TO HELP THEM BECOME MORE INFORMED HIGHER EDUCATION CONSUMERS AND ADVOCATES FOR LEGISLATION THAT MAKES HIGHER EDUCATION MORE AFFORDABLE FOR ALL MARYLANDERS.

Officers & Directors

DIRECTOR UNTIL SEP 2023 Arnold Fruman
DIRECTOR Barbara Sugarman Grochal
DIRECTOR Bruce Rosenberg
VICE CHAIR David Daneman
DIRECTOR David Fishman
DIRECTOR David Levy

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$1,267,331 12 grants
For grant recipient's exempt purposes
$326,712 7 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$272,000 1 grant
GENERAL SUPPORT AND VARIOUS PROJECTS
$131,874 2 grants
general support
$114,945 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.6M $1.9M $13.1M
2023 $2.3M $1.9M $12.9M
2022 $1.8M $1.8M $11.8M
2021 $1.9M $1.7M $13.4M
2020 $1.3M $2.0M $12.4M

Between 2020 and 2024, reported annual revenue grew from $1.3M to $1.6M (+22%), with total assets most recently reported at $13.1M.

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

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