Carney Scholarship Foundation Inc

WEST HARTFORD, CT EIN: 22-2475037

TO PROVIDE INCOME TO THE UNIVERSITY OF HARTFORD TO GRANT SCHOLARSHIPS TO FULL-TIME UNIVERSITY OF HARTFORD UNDERGRADUATE STUDENTS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.1M

+9.3% YoY

Annual Giving

$175K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$175K

+0.0% YoY

About Carney Scholarship Foundation Inc

Based on IRS filings

Carney Scholarship Foundation Inc is a nonprofit organization focused on Academics, based in WEST HARTFORD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 1 grants totaling $175K. Net investment income was $140K.

Focus Areas

Academics Students Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Connecticut $991K (100%)

States

Connecticut

Cities

West Hartford

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,136,287	$3,785,434	$3,429,686
Revenue	$140,408	$41,192	$35,785
Expenses	$203,648	$200,925	$201,378
Qualifying Distributions	—	—	—
Net Investment Income	$140,408	$41,192	$35,785
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Hartford ($175,000).

Recipient	Purpose	Amount
UNIVERSITY OF HARTFORD WEST HARTFORD, CT	EDUCA'L SCHOLARSHIPS	$175,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KATHERINE DEACON	TRUSTEE	—	—
PETER SWEENEY	TRUSTEE	—	—
ELAINE DALY	SECRETARY/TR	—	—
DAVID P HUSSEY	PRESIDENT	—	—

Subject Areas

Focus areas based on grantmaking activity

Academics Students Education

Frequently Asked Questions

What is Carney Scholarship Foundation Inc?

Carney Scholarship Foundation Inc is a nonprofit organization focused on Academics, based in WEST HARTFORD, CT. It holds $4.1M in total assets as of 2024.

How large is Carney Scholarship Foundation Inc?

As of 2024, Carney Scholarship Foundation Inc holds $4.1M in total assets with $140K in annual revenue. It awarded 1 grants totaling $175K in 2024.

Where does Carney Scholarship Foundation Inc operate?

Carney Scholarship Foundation Inc has awarded grants in Connecticut.

What size grants does Carney Scholarship Foundation Inc award?

In 2024, Carney Scholarship Foundation Inc awarded 1 grants totaling $175K — an average of about $175K per grant, based on its IRS Form 990 filings.

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 2020–2024.