Carney Scholarship Foundation Inc

Public charity · Grantmaker West Hartford, CT EIN: 22-2475037
AcademicsStudentsEducation

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

AcademicsStudentsEducation
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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

West Hartford

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

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

University of Hartford: $190KUniversity of Hartford$190K

The largest 2025 recipient was University of Hartford ($190K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Hartford West Hartford, CTEduca'l Scholarships$190,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 5, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS July 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS June 12, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS June 9, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 5, 2026)
  7. 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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