CFAB Scholarship Fund
CFAB Scholarship Fund is a private foundation focused on Education, based in Anchorage, AK. IRS filing data is available from 2019 through 2021. In 2021, it awarded 8 grants totaling $358K. Net investment income was $266.
CFAB Scholarship Fund at a glance
In short: CFAB Scholarship Fund gave $358K across 8 grants in 2021 (avg $45K), mostly in Alaska. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $357,502
- +2453.6% vs 2020
- Grants made (2021)
- 8
- +33.3% vs 2020
- Average grant
- $44,688
- +1815.2% vs 2020
- Median grant
- $2,800
- Primary geography
- Alaska (100% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who CFAB Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2021
The largest 2021 recipient was Alaska Community Foundation ($339K).
Organizations only. It also paid 7 individual scholarships ($18,050), which are not listed by name.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 21 grants of 22 (95%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 8 itemized grants.
States
Cities
How CFAB Scholarship Fund gives
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2021, annual grant giving ranged from $14K (2020) to $358K (2021). In 2021 it made 8 grants totaling $358K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alaska Community Foundation Anchorage, AK | Grant | $339,452 |
| 7 individual scholarships Recipients not named | — | $18,050 |
Ready to take the next step with CFAB Scholarship Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2021 | — | $3,186 | $364,229 | $357,502 | 8 | $361,187 | $266 | $11,822 |
| 2020 | $361,043 | $8,788 | $17,837 | $14,000 | 6 | — | $8,788 | $17,749 |
| 2019 | $370,092 | $11,775 | $23,222 | $19,500 | 8 | — | $11,775 | $18,238 |
Under IRS private-foundation payout rules, CFAB Scholarship Fund reported a distributable amount of $12K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
CFAB Scholarship Fund is led by Lela Klingert, Chairman & Executive Director on every filing since 2019; none of the 4 officers listed in 2021 report compensation.
Officers on the 2021 filing
Lela Klingert
Chairman & Executive Director
On filings since 2019
0.3 hrs/week
No compensation reported
Deborah Levvorn
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Douglas Blumer
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Robert Clark
Secretary & Treasurer
On filings since 2019
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2021. "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 CFAB Scholarship Fund
How much does CFAB Scholarship Fund give each year?
CFAB Scholarship Fund gave $358K across 8 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $14K across 6 grants.
What is CFAB Scholarship Fund's typical grant size?
CFAB Scholarship Fund's median grant in 2021 was $2,800, and its average grant was $44,688, across 8 grants on its 2021 IRS Form 990-PF.
Where does CFAB Scholarship Fund give grants?
CFAB Scholarship Fund gives mostly in Alaska: 100% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there.
Does CFAB Scholarship Fund give general operating support?
Not in 2021: none of the 8 grants with a stated purpose on CFAB Scholarship Fund's 2021 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (7 grants).
What is CFAB Scholarship Fund?
CFAB Scholarship Fund is a private foundation focused on Education, based in Anchorage, AK.
How much is CFAB Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, CFAB Scholarship Fund reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is CFAB Scholarship Fund's EIN?
CFAB Scholarship Fund's EIN (Employer Identification Number) is 27-2210386. IRS Form 990 filing data is available on this page for 2019–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2020)
- IRS filings on file for fiscal years 2020–2021
Explore Open Grants
Browse active grant opportunities in CFAB Scholarship Fund's focus areas in our free grants database
Similar Funders
Similar funders in Alaska
The Aleut Foundation
Anchorage, AK
The Aleut Foundation supports education, career development, vocational training, and cultural preservation, primarily for Aleut shareholders and descendants; nearly all reported 2025 grant dollars went to Alaska. Grants ranged from $45 to $15,000 in 2025, with a median of $1,834. It states that it does not accept unsolicited funding requests, though eligible individuals can apply through its scholarship and career-development programs.
Assets
$565K
Grants
522
Total Given
$1.3M
Doyon Foundation
Fairbanks, AK
Doyon Foundation primarily funds scholarships, workforce development, and language revitalization for Doyon, Limited shareholders and their descendants, with a focus on Alaska Native communities; scholarship recipients may live outside Alaska. Typical itemized awards were $400–$5,500, with a $2,400 median, while specific scholarship programs offer different amounts. It accepts applications for its scholarship and language grant programs; the information provided does not state whether it accepts unsolicited requests for general grants.
Assets
$49.2M
Grants
552
Total Given
$1.3M
Arctic Education Foundation
Anchorage, AK
The Arctic Education Foundation supports scholarships, student assistance, skills training, and cultural education, primarily for eligible Iñupiat students pursuing higher education. Its 2024 awards ranged from $110 to $42,889, with a median of $5,750; 73% of grant dollars went to Alaska recipients. It accepts online scholarship applications; the profile does not state whether it accepts unsolicited requests for other funding.
Assets
$30.5M
Grants
411
Total Given
$2.9M
The Alaska Community Foundation
Anchorage, AK
The Alaska Community Foundation supports Alaska nonprofits and other eligible applicants through grants for community needs, youth programs, skills development, and other charitable work, as well as scholarships. In 2024, grants ranged from $5,019 to $1,359,483, with a median of $10,750; its Vocational Fund grants $10,000–$50,000. Competitive grants generally require applicants to serve Alaska, and applications are accepted through specific grant opportunities, but the profile does not state whether unsolicited requests are accepted.
Assets
$243.9M
Grants
343
Total Given
$12.3M
Rasmuson Foundation
Anchorage, AK
Rasmuson Foundation funds Alaska nonprofits, tribes, and local governments across a broad range of community needs, from small purchases to major capital and strategic projects. Grants range from $50 to $1 million, with a 2024 median of $5,000; Tier 1 awards are up to $35,000, Community Support grants up to $250,000, and Legacy grants exceed $250,000. Tier 1 applications are accepted year-round on a rolling basis; strategic grants are by invitation.
Assets
$845.4M
Grants
300
Total Given
$17.7M
Bristol Bay Foundation
Anchorage, AK
Bristol Bay Foundation funds education and cultural heritage projects, including scholarships for eligible BBNC shareholders and descendants and grants that preserve Bristol Bay’s Indigenous culture and way of life. In 2024, grants ranged from $200 to $16,000, with a median of $2,500; funding is for organizations in the Bristol Bay region or projects benefiting BBNC shareholders. It accepts unsolicited proposals through its online application process.
Assets
$40.8M
Grants
290
Total Given
$988K
More similar funders
More Funders in Alaska
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from CFAB Scholarship Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
CFAB Scholarship Fund down — hundreds of funders to go?