Central Pennsylvania Scholarship Fund logo

Central Pennsylvania Scholarship Fund

TYRONE, PA EIN: 45-4423429 Website

The Central Pennsylvania Scholarship Fund is a 501(c)(3) public charity based in Tyrone, Pennsylvania, established in 2012. The organization facilitates educational opportunity through scholarships and educational improvement programs, primarily leveraging Pennsylvania's Educational Improvement Tax Credit (EITC) program to fund tuition at private schools and support public school initiatives across Central Pennsylvania.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$77.1M

+12.7% YoY

Annual Giving

$64.5M

+20.7% YoY

Grant Count

436

+18.8% YoY

Avg Grant Size

$148K

+1.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: Provide educational opportunity through educational choice to students from low and middle-income families using scholarships and educational improvement programs in Pennsylvania, utilizing the state EITC program and supporting other EITC organizations.

Primary Focus Areas:

  • Scholarships for preschool and K-12 students from low and middle-income families
  • Educational improvement programs at Pennsylvania public schools
  • Grants to other charitable organizations
  • Facilitation of donor participation in Pennsylvania's tax credit programs

Grantmaking

The organization distributes substantial grant funding through its scholarship program. In 2024, the organization made grants totaling $64,587,938, with typical award amounts ranging from $5,400 to $1,816,280.

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Geographic Focus

Where this funder awards grants

Pennsylvania, with particular emphasis on Central Pennsylvania schools and educational institutions.

Grant Distribution by State

2states

Cities

ABINGOTNALEXANDRIAALIQUIPPAALLENTOWNALTOONAARIELASPINWALLATGLENBADENBALA CYNWYDBEAVER FALLSBEDFORDBELLE VERNONBELLEFONTEBELLEVILLEBELLEVUEBELLWOODBENSALEMBERWYNBETHLEHEM

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024:

  • Total Assets: $77,077,441
  • Total Revenue: $73,854,376
  • Total Expenses: $65,171,936
  • Total Liabilities: $0
  • Total Giving: $64,587,938

Staffing: 8 employees (as of 2024)

Rating: Three-Star rating from independent charity evaluator (77% overall score, based on Accountability & Finance metrics)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$41M$61M$81M201920202021202220232024
Metric202420232022
Total Assets$77,077,441$68,395,001$54,031,924
Revenue$73,854,376$69,551,076$55,334,922
Expenses$65,171,936$55,187,999$43,811,817
Qualifying Distributions
Net Investment Income$1,831,192$1,376,287$159,824
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$16M$32M$48M$64M202 grants2019299 grants20200 grants2021307 grants2022367 grants2023436 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST JAMES SCHOOL$1.5MLOGOS ACADEMY$1.3MBISHOP GUILFOYLE CATHOLI…$1.3MSHADY SIDE ACADEMY$957KVERITAS ACADEMY INC$861KCOMMUNITY DAY SCHOOL$772KGROVE CITY CHRISTIAN ACA…$731KCHRISTIAN SCHOOL OF YORK$603KTHE CITY SCHOOL$543KVALLEY SCHOOL OF LIGONIER$498K

Grant Size Distribution

200 grants across all recorded years

75<$50K29$50–100K31$100–250K39$250–500K21$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Tami Clark – Executive Director
  • Randy Tarpey – President

Compensation Overview

From 2024 IRS filing

TAMI CLARKEXECUTIVE DIRECTOR$98KCASI FRIESTREASURER$83KRANDY TARPEYPRESIDENT$42K

From 2024 filing

NameTitleHoursCompensation
RANDY TARPEYPRESIDENT15$42,000
CHRISTOPHER PALAZZIBOARD MEMBER1
EDWARD KAPLANBOARD MEMBER1
LINDSEY BENNETTSECRETARY1
JOSEPH ADAMSBOARD MEMBER1
TAMI CLARKEXECUTIVE DIRECTOR40$97,773
CASI FRIESTREASURER30$83,442

Contact Information

Address: 501 Third Street, Tyrone, PA 16686

Phone: 814-942-4406

Fax: 814-682-9279

Email: [email protected]

Website: www.pennsylvaniaeitc.org

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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