THE AIM HIGHER FOUNDATION (AHF) PROVIDES SCHOLARSHIPS TO STUDENTS FROM FAMILIES WITH DEMONSTRATED FINANCIAL NEED WHO SEEK A CATHOLIC EDUCATION FOR THEIR CHILDREN
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.5M
-11.5% YoY
Annual Giving
$2.5M
+8.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.5M
+8.8% YoY
About Aim Higher Foundation
Based on IRS filings
Aim Higher Foundation is a nonprofit organization focused on Religion Related, based in ST PAUL, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 1 grants totaling $2.5M. Net investment income was $166K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,490,835 | $6,203,962 | $6,907,513 |
| Revenue | $2,308,093 | $2,095,192 | $2,912,547 |
| Expenses | $3,338,691 | $2,991,736 | $2,745,766 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $166,417 | $84,626 | $84,049 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Open Grants
5 open opportunities from Aim Higher Foundation
Aim Higher Scholarship
AIM HIGHER FOUNDATION
Amount
$1,000 per year
Deadline
August 24, 2026
Catholic Schools Week Scholarship Giveaway
AIM HIGHER FOUNDATION
Amount
$1,000
Deadline
Rolling / Open
Catholic Services Appeal (CSA) / Aim Higher Scholarship
AIM HIGHER FOUNDATION
Amount
$1,000
Deadline
August 24, 2026
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached Schedule ($2,522,360).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED SCHEDULE | TUITION SCHOLARSHIP FOR PRIVATE CATHOLIC EDUCATION | $2,522,360 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONAL MULLIGAN | SECRETARY | 3 | — |
| FATHER JOHN UBEL | FORMER TREASURER | 1 | — |
| SARAH SCHUMACHER | TREASURER | 3 | — |
| MARY SCHAFFNER | BOARD CHAIR | 5 | — |
| AIDA SCHAEFER | BOARD MEMBER | 1 | — |
| BARRY LIESKE | BOARD MEMBER | 1 | — |
| BRENT FREDERICK | BOARD MEMBER | 1 | — |
| FATHER CHRIS COLLINS | BOARD MEMBER | 1 | — |
| JACKIE DAYLOR | BOARD MEMBER | 1 | — |
| JEFF CACHAT | BOARD MEMBER | 1 | — |
| JOE DONNELLY | BOARD MEMBER | 1 | — |
| JULIE HURLEY | BOARD MEMBER | 1 | — |
| MARGARET REQUET | BOARD MEMBER | 1 | — |
| PAUL HERRO | BOARD MEMBER | 1 | — |
| RICHARD R AUSTIN III | PRESIDENT | 60 | $168,577 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Aim Higher Foundation?
Aim Higher Foundation is a nonprofit organization focused on Religion Related, based in ST PAUL, MN. It holds $5.5M in total assets as of 2024.
How large is Aim Higher Foundation?
As of 2024, Aim Higher Foundation holds $5.5M in total assets with $2.3M in annual revenue. It awarded 1 grants totaling $2.5M in 2024.
What size grants does Aim Higher Foundation award?
In 2024, Aim Higher Foundation awarded 1 grants totaling $2.5M — an average of about $2.5M per grant, based on its IRS Form 990 filings.
What is Aim Higher Foundation's EIN?
Aim Higher Foundation's EIN (Employer Identification Number) is 46-3935682. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Aim Higher Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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