Carey Scholarship

WALL, NJ EIN: 85-6189970

Carey Scholarship is a private foundation, based in WALL, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $712K in total assets. In 2024, it awarded 15 grants totaling $40K. Net investment income was $19K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$712K

-3.2% YoY

Annual Giving

$40K

-0.0% YoY

Grant Count

15

-25.0% YoY

Avg Grant Size

$3K

+33.3% YoY

Under IRS private-foundation payout rules, Carey Scholarship reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

About Carey Scholarship

Based on IRS filings

Carey Scholarship is a private foundation, based in WALL, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $712K in total assets. In 2024, it awarded 15 grants totaling $40K. Net investment income was $19K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

19states
+11 more states

Cities

AllentownAuburnBoca RatonBostonCaldwellChestertownChestnut HillClemsonCollegevilleCoral GablesEwing TownshipFairfaxGallowayGlassboroHarrisonburgHobokenKentLakewoodLock HavenMahwah

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17K$34K$52K$69K20202021202220232024
Metric202420232022
Total Assets$712,293$735,908$770,268
Revenue$27,970$16,726$-11,164
Expenses$51,769$51,076$62,625
Qualifying Distributions$42,801$42,650$52,530
Net Investment Income$19,055$10,958$7,870
Distributable Amount$41,752$39,173$41,162

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$25K$37K$49K12 grants202014 grants202115 grants202220 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BOSTON UNIVERSITY$8KGEORGIAN COURT UNIVERSITY$6KUNIVERSITY OF DELEWARE$6KSTOCKTON UNIVERSITY$3KMONTCLAIR STATE UNIVERSITY$3KROWAN UNIVERSITY$3KFLORIDA ATLANTIC UNIVERS…$3KWESTERN NEW ENGLAND UNIV…$2KWILLIAM PATERSON UNIVERS…$2KTHE COLLEGE OF NEW JERSEY$2K

Grant Size Distribution

76 grants across all recorded years

76<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boston University ($8,000), Georgian Court University ($6,000), University of Deleware ($5,500).

RecipientPurposeAmount
WESTERN NEW ENGLAND UNIVERSITY SPRINGFIELD, MASCHOLARSHIP$2,000
STOCKTON UNIVERSITY GALLOWAY, NJSCHOLARSHIP$2,500
PENN STATE UNIVERSITY UNIVERSITY PARK, PASCHOLARSHIP$500
ASSUMPTION UNIVERSITY WORCESTER, MASCHOLARSHIP$1,000
WILLIAM PATERSON UNIVERSITY WAYNE, NJSCHOLARSHIP$2,000
MONTCLAIR STATE UNIVERSITY MONTCLAIR, NJSCHOLARSHIP$2,500
BOSTON UNIVERSITY BOSTON, MASCHOLARSHIP$8,000
ROWAN UNIVERSITY GLASSBORO, NJSCHOLARSHIP$2,500
UNIVERSITY OF DELEWARE NEWARK, DESCHOLARSHIP$5,500
THE COLLEGE OF NEW JERSEY EWING TOWNSHIP, NJSCHOLARSHIP$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Carey Scholarship?

As of 2024, Carey Scholarship holds $712K in total assets with $28K in annual revenue. It awarded 15 grants totaling $40K in 2024.

Where does Carey Scholarship operate?

Carey Scholarship has awarded grants in Alabama, Arizona, Connecticut, District of Columbia, Delaware, Florida, Georgia, Indiana, Massachusetts, Maryland, Mississippi, Nebraska, New Jersey, Ohio, Pennsylvania, Rhode Island, South Carolina, Virginia, West Virginia.

What size grants does Carey Scholarship award?

In 2024, Carey Scholarship awarded 15 grants totaling $40K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Carey Scholarship required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carey Scholarship reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Carey Scholarship's EIN?

Carey Scholarship's EIN (Employer Identification Number) is 85-6189970. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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