EIN 54-6038828

Dolphin Scholarship Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
1990
Most recent tax filings
2024-06-01
Description
The Dolphin Scholarship Foundation believes in achieving the enhancement of human potential and quality of life through education, as many sons, daughters, and spouses of U.S. Navy submariners face financial obstacles while pursuing undergraduate studies. The foundation is organized exclusively for charitable and educational purposes under the section 501(c)(3) of the internal revenue code, ensuring tax-exempt status.
Total revenues
$709,954
2024
Total expenses
$723,748
2024
Total assets
$8,387,937
2024
Num. employees
6
2024

Program areas at Dolphin Scholarship Foundation

Dolphin Scholarship Foundation is organized exclusively for charitable and educational purposes as set forth under section 501(c)(3) of the internal revenue code of 1986 or the corresponding provision of any future federal law of taxation (the code) and primarily for the purpose of holding, investing, administering and distributing funds to provide financial assistance to certain of the dependents of officers and enlisted personnel of the submarine force of the united states navy in order to enable and assist such dependents to pursue a post-secondary education. Dolphin Scholarship Foundation also administers scholarships to provide financial assistance to enlisted personnel, and the dependents of officers and enlisted personnel who are serving or have served on specific u.s. navy submarines to enable and assist them in pursuing a post-secondary education.

Who funds Dolphin Scholarship Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Pew Charitable Trusts (Pew)Daf Grant$100,000
Schwab Charitable FundEducation$30,200
Columbus FoundationEducation$20,000
...and 4 more grants received

Personnel at Dolphin Scholarship Foundation

NameTitleCompensation
Andrew Clark, MBA, CFRE, CAPExecutive Director$88,214
Steven W. MaasPresident , Board$0
Scott R. Van BuskirkVice President , Board$0
Charles J. BeersEmeritus Member , Board$0
Keith B. FargoSecretary and Treasurer , Board$0
...and 3 more key personnel

Financials for Dolphin Scholarship Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$486,265
Program services$0
Investment income and dividends$167,387
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-8,262
Net income from fundraising events$58,230
Net income from gaming activities$0
Net income from sales of inventory$6,334
Miscellaneous revenues$0
Total revenues$709,954

Form 990s for Dolphin Scholarship Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-13990View PDF
2023-062023-11-14990View PDF
2022-062022-11-10990View PDF
2021-062021-11-11990View PDF
2020-062021-04-05990View PDF
...and 11 more Form 990s
Data update history
November 19, 2024
Updated personnel
Identified 2 new personnel
July 9, 2024
Received grants
Identified 3 new grant, including a grant for $100,000 from The Pew Charitable Trusts (Pew)
December 25, 2023
Posted financials
Added Form 990 for fiscal year 2023
December 23, 2023
Received grants
Identified 2 new grant, including a grant for $7,418 from PayPal Giving Fund
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsMilitary and veteran charitiesCharities
Issues
EducationMilitary and veterans
Characteristics
Fundraising eventsEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
4966 Euclid Rd Suite 109
Virginia Beach, VA 23462
Metro area
Virginia Beach-Norfolk-Newport News, VA-NC
County
Virginia Beach city, VA
Website URL
dolphinscholarship.org/ 
Phone
(757) 671-3200
IRS details
EIN
54-6038828
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1990
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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
CT0255671
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-31
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