Program areas at CSF
In fiscal year 2023 nearly 26,500 children across the US benefited from scholarships awarded by CSF and its partner programs. These children, all of whom are from low-income families, are receiving the education desired by their families due to the generosity of our donors and the efforts of scholarship programs in 23 communities. Since its inception in 1998, nearly 200,750 children from low-income families have benefited from attending the private school of their choice with more than $989 million in tuition assistance from CSF and its partner programs.
Program management, outreach and support: CSF's program staff works with parents and schools to ensure the integrity and efficient management of the program. The program staff verifies eligibility and student attendance, disburses the tuition assistance payments to schools and annually requalifies returning students. The Children's Scholarship Fund maintains partnerships with local scholarship programs in communities around the country. In addition to providing matching grants to these organizations, the Children's Scholarship Fund also trains local program staff and has developed and maintains specialized software that is used to manage scholarship awards.
Program management and administration of New Hampshire Education Freedom (EFA) program: The EFA program provides students who are not enrolled full time in a New Hampshire public school and whose family earns 350% of the poverty line or below with a state grant to spend on eligible education related expenses. CSF administers the funding provided from the State of New Hampshire to each student account. Program staff verifies eligibility of students through the application process, reviews and approves payment of eligible education expenses, and approves educational providers. In addition, program staff provide outreach and support to NH families to inform them about the EFA program. During fiscal year 2023, CSF received approximately $14.8 million from the State of NH to fund over 3,300 EFAs.
Who funds The Childrens Scholarship Fund (CSF)
Grants from foundations and other nonprofits
Personnel at CSF
Name | Title | Compensation | Date of data |
---|
Darla Romfo | President and Chief Executive Officer | $328,810 | 2024-01-25 |
Kathleen M. Doran | Chief Financial Officer | $224,095 | 2024-01-25 |
Michele Mitola | Vice President, Strategic Planning and Development | $185,442 | 2024-01-25 |
Tom Finnerty | Senior Vice President | | 2022-10-13 |
Katie J Baker Demers | Executive Director New Hampshire Programs | $108,473 | 2023-08-31 |
...and 5 more key personnel |
Financials for CSF
Revenues | FYE 08/2023 | FYE 08/2022 | % Change |
---|
Total grants, contributions, etc. | $22,894,320 | $23,788,636 | -3.8% |
Program services | $1,138,185 | $860,103 | 32.3% |
Investment income and dividends | $983,120 | $66,291 | 1383% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $1,676 | $-2,313 | 172.5% |
Net income from fundraising events | $-2,038 | $-2,197 | 7.2% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $25,015,263 | $24,710,520 | 1.2% |
Organizations like CSF
Organization | Type | Location | Revenue |
---|
Cabrillo College Foundation | 501(c)(3) | Aptos, CA | $7,404,860 |
Stony Brook Foundation | 501(c)(3) | Stony Brook, NY | $79,474,546 |
University System of Maryland Foundation (USMF) | 501(c)(3) | Adelphi, MD | $46,875,365 |
Marine Corps Scholarship Foundation | 501(c)(3) | Alexandria, VA | $22,373,801 |
James Madison University Foundation | 501(c)(3) | Harrisonburg, VA | $21,589,923 |
American Indian College Fund | 501(c)(3) | Denver, CO | $83,877,964 |
Hispanic Scholarship Fund | 501(c)(3) | Gardena, CA | $45,537,768 |
Jefferson Scholars Foundation | 501(c)(3) | Charlottesville, VA | $33,501,224 |
The Foundation for City College | 501(c)(3) | New York, NY | $27,910,258 |
Inspire Brands Foundation | 501(c)(3) | Atlanta, GA | $17,489,190 |
Data update history
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 25, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsLobbyingFundraising eventsNational levelCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
- Address
- 8 W 38th St 8th Floor
- New York, NY 10018
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- New York County, NY
- Website URL
- scholarshipfund.org/Â
- Phone
- (212) 515-7100
- Facebook page
- ScholarshipFundÂ
- Twitter profile
- @csfnationalÂ
IRS details
- EIN
- 13-4002189
- Fiscal year end
- August
- Taxreturn type
- Form 990
- Year formed
- 1998
- 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
- FTB status revoked
- Not revoked
- AG Registration Number
- 111883
- FTB Entity ID
- 2159433
- AB 488 data last updated ("as-of") date
- 2024-10-16
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