EIN 52-6012589

Central Scholarship

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
1924
Most recent tax filings
2023-06-01
Description
Central Scholarship is a non-profit awarding over $1 million in scholarships every year to students in undergraduate, graduate, professional and certificate training.
Also known as...
The Central Scholarship Bureau
Total revenues
$2,276,776
2023
Total expenses
$1,896,034
2023
Total assets
$12,870,890
2023
Num. employees
7
2023

Program areas at Central Scholarship

Central Scholarship (cs) provides need-based scholarships for high-performing students pursuing undergraduate, graduate and professional degrees. For most programs, students are eligible for up to $11,000 per year in assistance for post-secondary education. During The fiscal year ended june 30, 2023, cs processed nearly 3,457 applications and awarded 192 scholarships to students. (emergency grants) cs provides students already receiving education funding for degree programs with emergency grants for non-education expenses. Examples of such expenses include medical bills, transportation emergencies, or replacement of essential belongings after theft or fire. During The fiscal year ending on june 30, 2023, cs made emergency grants to 11 students totaling $11,620.
Career-training scholarships are available for fields where there is a verified workforce demand, an opportunity to earn a living wage, recognized credentials upon program completion and a path for career advancement. Students are qualified based on financial need, with preference given to baltimore city residents. During The fiscal year ending on june 30, 2023, cs awarded career-training scholarships to 40 students.
Interest-free loans are awarded to students pursuing undergraduate, graduate and professional school degrees who qualify based on financial need and academic performance. Students are eligible for up to $10,000 per year in assistance for post-secondary education. New loans of $140,500 were awarded to 75 students in The fiscal year ending june 30, 2023. Central Scholarship (cs) also managed existing loans of approximately $1,800,000 for more than 400 students.
College cash is a financial education series offered as a free public service that helps students and parents navigate The complex financial options available to college-bound students. The goal is to ensure that students and parents are making informed financial choices when selecting a college. The advocacy program continues to focus on Scholarship award displacement, which happens when colleges reduce their institutional Scholarship after a student receives a private Scholarship. Cs has signed agreements with 13 private colleges in Maryland who agreed not to displace private scholarships issued by Central Scholarship.

Who funds Central Scholarship

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Associated Jewish Charities of BaltimoreGeneral Support$236,555
The Rothschild FoundationTo Support Organization$144,364
Crane Family FoundationTo Further the Exempt Purpose of the Organization.$125,000
...and 13 more grants received

Personnel at Central Scholarship

NameTitleCompensation
Laura L. GreenChief Development Officer
Kari EbelingDirector of Major Gifts
Felicia WiseSenior Program Director
Adefikayo DipeDevelopment Manager
Tierra DorseyPresident$142,715
...and 1 more key personnel

Financials for Central Scholarship

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,047,120
Program services$0
Investment income and dividends$206,147
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$19,381
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,128
Total revenues$2,276,776

Form 990s for Central Scholarship

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-31990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-18990View PDF
...and 10 more Form 990s
Data update history
January 3, 2025
Received grants
Identified 3 new grant, including a grant for $52,875 from Foundation for Baltimore County Public Library
July 15, 2024
Updated personnel
Identified 3 new personnel
July 11, 2024
Received grants
Identified 1 new grant, including a grant for $236,555 from Associated Jewish Charities of Baltimore
July 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
April 2, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
JewishReligiousLobbyingEndowed supportTax deductible donationsAccepts online donations
General information
Address
6 Park CT Suite 211
Owings Mills, MD 21117
Metro area
Baltimore-Columbia-Towson, MD
County
Baltimore County, MD
Website URL
central-scholarship.org/ 
Phone
(410) 415-5558
Facebook page
centralscholarship 
Twitter profile
@centralscholars 
IRS details
EIN
52-6012589
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1924
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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