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EIN 59-6192598

Scholarship Foundation of Indian River County

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Vero Beach
State
Florida
Year formed
1999
Most recent tax filings
2023-12-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
Scholarship Foundation of Indian River County provides hope, encouragement, and need-based scholarships to Indian River County students with the desire and ability to succeed in post-secondary education. The foundation awards multi-year scholarships that are renewable if recipients meet academic and paperwork requirements. In 2022, the foundation paid $492,849 in awards ranging from $1,000 to $7,500 to 114 new and returning students. The foundation made new awards totaling...
Total revenues
$1,744,803
2023
Total expenses
$782,452
2023
Total assets
$13,100,551
2023
Num. employees
2
2023

Program areas at Scholarship Foundation of Indian River County

Scholarship Foundation awards multi-year scholarships that are renewable if recipients meet academic and paperwork requirements. In 2023, we paid 559,072 in awards, ranging from 1,000 to 7,500 to 115 new and returning students.we made new awards totaling 725,400 to the 37 recipients in the class of 2023.

Who funds Scholarship Foundation of Indian River County

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Jake Owen FoundationAssistance To Indigent Families$30,000
John M Hopwood IrrOperating Support$25,000
The Herget FoundationGen Fund$25,000
...and 13 more grants received

Personnel at Scholarship Foundation of Indian River County

NameTitleCompensation
Jonathan SternbergPast President$0
Susan ChenaultSecretary$0
Elizabeth SorensenVice President$0
Scott SchwartzPresident$0
Ann Bixel WaldSecretary$0
...and 2 more key personnel

Financials for Scholarship Foundation of Indian River County

RevenuesFYE 12/2023
Total grants, contributions, etc.$696,240
Program services$0
Investment income and dividends$359,409
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$699,253
Net income from fundraising events$-10,099
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,744,803

Form 990s for Scholarship Foundation of Indian River County

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-02990View PDF
2022-122023-09-27990View PDF
2021-122022-08-30990View PDF
2020-122021-09-10990View PDF
2019-122021-02-17990View PDF
...and 6 more Form 990s
Data update history
October 26, 2024
Updated personnel
Identified 2 new personnel
October 19, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from William K and Ann M Eckerd Foundation
September 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 16, 2024
Received grants
Identified 8 new grant, including a grant for $25,000 from John M Hopwood Irr
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $48,000 from John's Island Community Service League
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
PO Box 1820
Vero Beach, FL 32961
Metro area
Sebastian-Vero Beach, FL
County
Indian River County, FL
Website URL
sfindianriver.org/ 
Phone
(772) 569-9869
IRS details
EIN
59-6192598
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
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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