Carney Scholarship Foundation Inc
To provide income to the university of hartford to grant scholarships to full-time university of hartford undergraduate students.
Key facts about Carney Scholarship Foundation Inc
In short: Carney Scholarship Foundation Inc gave $190K across 1 grant in 2025 (avg $190K), mostly in Connecticut. Source: 2025 IRS Form 990.
- EIN
- 22-2475037
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $190,000
- Grants made (2025)
- 1
- Average grant
- $190,000
- Median grant
- $190,000
- Total assets
- $4,505,721
- Primary geography
- Connecticut (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$4.5M
+8.9% YoY
Annual Giving
$190K
+8.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$190K
+8.6% YoY
How Carney Scholarship Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+9%). Method
From the foundation's IRS Form 990 filings. Methodology.
About Carney Scholarship Foundation Inc
Based on IRS filings
Carney Scholarship Foundation Inc is a public charity focused on Academics, based in West Hartford, CT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.5M in total assets. In 2025, it awarded 1 grant totaling $190K. Net investment income was $194K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $174K (2022) to $284K (2020). In 2025 it made 1 grant totaling $190K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was University of Hartford ($190K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Hartford West Hartford, CT | Educa'l Scholarships | $190,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,505,721 | $4,136,287 | $3,785,434 |
| Revenue | $193,529 | $140,408 | $41,192 |
| Expenses | $220,432 | $203,648 | $200,925 |
| Net Investment Income | $193,529 | $140,408 | $41,192 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 5, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS June 9, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Carney Scholarship Foundation Inc is led by David P. Hussey, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
David P. Hussey
President
On filings since 2020
No compensation reported
Katherine Deacon
Trustee
On filings since 2020
No compensation reported
Peter Sweeney
Trustee
On filings since 2024
No compensation reported
Elaine Daly
Secretary
On filings since 2021
No compensation reported
Former officers (3)
- Former: Santo Pirrotta (2020–2023) — Trustee
- Former: Jessica Nicklin (2020) — Trustee
- Former: Richard Braam (2020) — Secretary
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Carney Scholarship Foundation Inc
How much does Carney Scholarship Foundation Inc give each year?
Carney Scholarship Foundation Inc gave $190K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $175K across 1 grant.
How large is Carney Scholarship Foundation Inc?
Carney Scholarship Foundation Inc reported $4.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $194K.
What is Carney Scholarship Foundation Inc?
Carney Scholarship Foundation Inc is a public charity focused on Academics, based in West Hartford, CT. It holds $4.5M in total assets as of 2025.
Where does Carney Scholarship Foundation Inc operate?
Carney Scholarship Foundation Inc has awarded grants in Connecticut.
What is Carney Scholarship Foundation Inc's EIN?
Carney Scholarship Foundation Inc's EIN (Employer Identification Number) is 22-2475037. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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