The Carle C Conway Scholarship Foundation is a private foundation based in Stamford, Connecticut. Established in 1950 and tax-exempt since January 1952, the foundation operates as a company-sponsored foundation focused on supporting higher education through scholarships and student financial aid.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.2M
+16.7% YoY
Annual Giving
$767K
+52.0% YoY
Grant Count
18
-10.0% YoY
Avg Grant Size
$43K
+68.8% YoY
Under IRS private-foundation payout rules, Carle C Conway Scholarship reported a distributable amount of $156K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports organizations involved with higher education, with a primary focus on scholarships and student financial aid. Their grant-making priorities include Education, Human Services, and Professional Societies & Associations.
Grantmaking
The foundation distributes grants to support educational initiatives and scholarship programs at institutions across multiple states.
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Geographic Focus
Where this funder awards grants
The foundation's grant-making extends primarily to New York, Pennsylvania, and Oregon, with additional activity in Connecticut.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $2,248,411
- Annual Giving: $766,868
- EIN: 13-6088936
- Address: 95 Alexandra Drive, Stamford, CT 06903
- Contact: 203-329-9622
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,248,411 | $1,926,982 | $1,948,917 |
| Revenue | $1,151,205 | $546,007 | $322,800 |
| Expenses | $829,776 | $567,942 | $543,337 |
| Qualifying Distributions | $780,840 | $519,205 | $504,298 |
| Net Investment Income | $1,109,716 | $501,670 | $290,560 |
| Distributable Amount | $155,735 | $174,363 | $179,146 |
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 2025
Grant Size Distribution
87 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Jobs First Nyc ($550,000), Building One Community ($45,000), Amanda N Purga Suny College at Gene ($12,009).
| Recipient | Purpose | Amount |
|---|---|---|
| ABRAHAM GALLEGOS UNIVERSITY OF ARIZ TUCSON, AZ | SCHOLARSHIP FOR THE BENEFIT OF ABRAHAM GALLEGOS | $11,000 |
| AMANDA N PURGA SUNY COLLEGE AT GENE GENESEO, NY | SCHOLARSHIP FOR THE BENEFIT OF AMANDA N. PURGA | $12,009 |
| ASHLEY V SALGADO COLORADO STATE UNI FORT COLLINS, CO | SCHOLARSHIP FOR THE BENEFIT OF ASHLEY V. SALGADO | $11,000 |
| BRIDGET J EDNIE UNIVERSITY OF DELEW NEWARK, DE | SCHOLARSHIP FOR THE BENEFIT OF BRIDGET J. EDNIE | $11,000 |
| BROOKE A BROWN SUFFOLK COMMUNITY CO SLEDEN, NY | SCHOLARSHIP FOR THE BENEFIT OF BROOKE A. BROWN | $5,859 |
| BUILDING ONE COMMUNITY STAMFORD, CT | GRANT TO FURTHER DONEE'S EXEMPT PURPOSE. GRANTS TO BUILDING ONE ARE MADE TO SUPPORT ITS MISSION AND FOR EDUCATION PURPOSES | $45,000 |
| CHRISTOPHER J TASSONE ITHACA COLLEG ITHICA, NY | SCHOLARSHIP FOR THE BENEFIT OF CHRISTOPHER J. TASSONE | $11,000 |
| GABRIELLA I WILLIAMS SUNY COLLEGE A OLD WESTBURY, NY | SCHOLARSHIP FOR THE BENEFIT OF GABRIELLA I. WILLIAMS | $11,000 |
| HAMZAH S SHILBLI STEVENS INSTITUTE HOBOKEN, NJ | SCHOLARSHIP FOR THE BENEFIT OF HAMZAH S. SHILBLI | $11,000 |
| HUMZA B ZIA HOFSTRA UNIVERSITY HAMPSTEAD, NY | SCHOLARSHIP FOR THE BENEFIT OF HUMZA B. ZIA | $11,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is administered through M L Colten's office in Stamford, Connecticut.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT S COHEN | TRUSTEE | 1 | $10,850 |
| MARSHA L COLTEN | PRESIDENT, TREASURER | 5 | $26,600 |
| PATRICIA DELTORO HECK | VP, SECRETARY | 1 | $10,250 |
Recent News & Activity
Recent developments and announcements
The foundation has supported nursing scholarship programs at major universities, including the University of Pennsylvania School of Nursing and Georgetown University School of Nursing, providing loan relief and financial support for nursing students through the Conway Scholars program.
Penn Nursing: 2024-2025 Conway ScholarsSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Carle C Conway Scholarship fund?
The foundation supports organizations involved with higher education, with a primary focus on scholarships and student financial aid. Their grant-making priorities include Education, Human Services, and Professional Societies & Associations.
How do I apply for a grant from Carle C Conway Scholarship?
**Financial Capacity:** • Total assets: $2,248,411 • Total annual giving: $766,868 • Typical award range: $3,135–$550,000 The foundation distributes grants to support educational initiatives and scholarship programs at institutions across multiple states.
Where does Carle C Conway Scholarship make grants?
The foundation's grant-making extends primarily to New York, Pennsylvania, and Oregon, with additional activity in Connecticut.
What size grants does Carle C Conway Scholarship award?
In 2025, Carle C Conway Scholarship awarded 18 grants totaling $767K — an average of about $43K per grant, based on its IRS Form 990 filings.
How much is Carle C Conway Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Carle C Conway Scholarship reported a distributable amount of $156K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carle C Conway Scholarship's EIN?
Carle C Conway Scholarship's EIN (Employer Identification Number) is 13-6088936. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Carle C Conway Scholarship's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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