Arthur Cunningham Scholarship Fund is a private foundation focused on Education, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $642K in total assets. In 2024, it awarded 19 grants totaling $40K. Net investment income was $39K.
Key facts about Arthur Cunningham Scholarship Fund
- EIN
- 20-6714808
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $39,500
- Grants made (2024)
- 19
- Average grant
- $2,079
- Median grant
- $1,500
- New grantees (estimate)
- 37% first-time grantees (7 of 19, 2024)
- Total assets
- $642,337
- Primary geography
- Massachusetts (77% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Arthur Cunningham Scholarship Fund funds
By grant dollars, the top recipient states for Arthur Cunningham Scholarship Fund's 19 itemized 2024 grants were Massachusetts (77%) and New Hampshire (9%). The most frequent recipient cities were Boston, MA (4 grants) and Amherst, MA (2 grants). None of its 19 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (19 grants).
Is Arthur Cunningham Scholarship Fund open to new grantees?
37%
first-time grantees, 2024
In 2024, 7 of 19 grantees (37%) were first-time recipients. First grants averaged $2K; repeat grants $2K. How we count
Medians: $2K first-time, $2K repeat.
- 47% of 2024 grantees were also funded in 2023. Method
- Giving grew 46% from 2021 to 2024. Method
- In 2024 it paid out 113% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Arthur Cunningham Scholarship Fund
- How to evaluate Arthur Cunningham Scholarship Fund as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Arthur Cunningham Scholarship Fund with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$642K
-0.3% YoY
Annual Giving
$40K
+9.7% YoY
Grant Count
19
-5.0% YoY
Avg Grant Size
$2K
+15.5% YoY
Under IRS private-foundation payout rules, Arthur Cunningham Scholarship Fund reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
About Arthur Cunningham Scholarship Fund
Based on IRS filings
Arthur Cunningham Scholarship Fund is a private foundation focused on Education, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $642K in total assets. In 2024, it awarded 19 grants totaling $40K. Net investment income was $39K.
Focus Areas
Ready to take the next step with Arthur Cunningham Scholarship Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 19 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $642,337 | $644,576 | $623,263 |
| Revenue | $46,361 | $74,418 | $67,031 |
| Expenses | $54,567 | $51,004 | $60,684 |
| Qualifying Distributions | $46,987 | $43,113 | $52,518 |
| Net Investment Income | $38,890 | $67,297 | $59,656 |
| Distributable Amount | $41,628 | $36,404 | $37,208 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
102 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Salem State University ($4,250), Saint Anselm College ($3,750), University of Massachusetts - Boston ($3,500).
| Recipient | Purpose | Amount |
|---|---|---|
| SALEM STATE UNIVERSITY Salem, MA | SCHOLARSHIP | $4,250 |
| SAINT ANSELM COLLEGE Manchester, NH | SCHOLARSHIP | $3,750 |
| University of Massachusetts - Boston Boston, MA | SCHOLARSHIP | $3,500 |
| Stonehill College North Easton, MA | SCHOLARSHIP | $3,000 |
| University of Massachusetts - Lowell Lowell, MA | SCHOLARSHIP | $2,750 |
| Bentley University Waltham, MA | SCHOLARSHIP | $2,750 |
| North Shore Community College Danvers, MA | SCHOLARSHIP | $2,500 |
| University of Massachusetts - Amherst Amherst, MA | SCHOLARSHIP | $2,500 |
| MERRIMACK COLLEGE North Andover, MA | SCHOLARSHIP | $2,250 |
| Hampshire College Amherst, MA | SCHOLARSHIP | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Frank Muzio | Co-Trustee | 2 | $2,411 |
| Eastern Bank | Co-Trustee | 2 | $2,050 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Arthur Cunningham Scholarship Fund?
Arthur Cunningham Scholarship Fund is a private foundation focused on Education, based in Boston, MA. It holds $642K in total assets as of 2024.
How large is Arthur Cunningham Scholarship Fund?
As of 2024, Arthur Cunningham Scholarship Fund holds $642K in total assets with $46K in annual revenue. It awarded 19 grants totaling $40K in 2024.
Where does Arthur Cunningham Scholarship Fund operate?
Arthur Cunningham Scholarship Fund has awarded grants in Colorado, Connecticut, District of Columbia, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina.
What size grants does Arthur Cunningham Scholarship Fund award?
In 2024, Arthur Cunningham Scholarship Fund awarded 19 grants totaling $40K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Arthur Cunningham Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Arthur Cunningham Scholarship Fund reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Arthur Cunningham Scholarship Fund's EIN?
Arthur Cunningham Scholarship Fund's EIN (Employer Identification Number) is 20-6714808. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Arthur Cunningham Scholarship Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Davis Educational Foundation
Yarmouth, ME
Assets
$130.3M
Grants
22
Total Given
$3.4M
Albert H & Reuben S Stone Fund
Gardner, MA
Assets
$2.4M
Grants
33
Total Given
$156K
O'Meara Foundation Inc
Wethersfield, CT
Assets
$809K
Grants
80
Total Given
$450K
Tulsa Community Foundation
Tulsa, OK
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
IBM International Foundation
Armonk, NY
Assets
$357.7M
Grants
16
Total Given
$11.7M
Fidelity Foundation
Boston, MA
Assets
$5.0B
Grants
4,430
Total Given
$156.2M
Boston Foundation Inc
Boston, MA
Assets
$1.9B
Grants
2,046
Total Given
$169.9M
Analog Devices Foundation
Boston, MA
Assets
—
Grants
1,177
Total Given
$1.9M
Barr Foundation
Boston, MA
Assets
$1.9B
Grants
903
Total Given
$123.2M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Enterprise Holdings Foundation
Saint Louis, MO
Assets
—
Grants
9,499
Total Given
$73.1M
More Funders in Massachusetts
Data last updated September 2026. Sourced from IRS Form 990-PF filings.