EIN 46-2286764

Scholarships for Kids

IRS 501(c) type
501(c)(3)
Num. employees
2
State
Year formed
2013
Most recent tax filings
2023-12-01
Description
Scholarships for Kids supports education by providing scholarships to children from lower income families, allowing them to attend private K-12 schools of their parents' choice. The organization emphasizes the importance of parental investment in their children's education. To fund these scholarships, they raised over $21.48 million and received approximately 1,064 separate tax credit contributions in 2022. As a result of their success, partner schools located across the state benefit from these scholarship programs.
Total revenues
$27,312,282
2023
Total expenses
$18,553,112
2023
Total assets
$41,932,277
2023
Num. employees
2
2023

Program areas at Scholarships for Kids

The organization raised over $20.76 million to fund Scholarships for students to attend partner schools located across the state. During 2023, we received approximately 1,064 separate tax credit contributions. Due to the organization's success, partner schools are filling otherwise empty seats in the current school year.

Grants made by Scholarships for Kids

GranteeGrant descriptionAmount
Cornerstone Schools of AlabamaTo Provide Access To Quality Education$4,116,000
Restoration AcademyTo Provide Access To Quality Education$2,069,000
Valiant Cross AcademyTo Provide Access To Quality Education$878,904
...and 54 more grants made totalling $14,914,007

Who funds Scholarships for Kids

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$8,500

Personnel at Scholarships for Kids

NameTitleCompensation
Stephen BridgersExecutive Director$119,167

Financials for Scholarships for Kids

RevenuesFYE 12/2023
Total grants, contributions, etc.$26,318,338
Program services$0
Investment income and dividends$846,076
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$147,868
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$27,312,282

Form 990s for Scholarships for Kids

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-15990View PDF
2021-122022-10-03990View PDF
2020-122021-09-10990View PDF
2019-122021-08-05990View PDF
...and 6 more Form 990s
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 22, 2023
Updated personnel
Identified 2 new personnel
August 14, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsReceives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 10204
Birmingham, AL 35202
Metro area
Birmingham-Hoover, AL
County
Jefferson County, AL
Website URL
scholarshipsforkids.org/ 
Phone
(205) 480-9997
IRS details
EIN
46-2286764
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
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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