Fmi Scholarship Foundation Inc

Foundation · Grantmaker Branchville, NJ EIN: 22-3394738

Fmi Scholarship Foundation Inc is a private foundation focused on Education, based in Branchville, NJ. IRS filing data is available for 2020. As of 2020, the organization holds $54K in total assets. In 2020, it awarded 26 grants totaling $72K.

Key facts about Fmi Scholarship Foundation Inc

EIN: 22-3394738
Latest 990 filing: Form 990-PF, 2020
Annual giving (2020): $71,500
Grants made (2020): 26
Average grant: $2,750
Median grant: $2,500
Total assets: $54,436
Primary geography: New Jersey (52% of itemized 2020 grant dollars)

Data from IRS Form 990-PF, 2020; updated September 2026.

Who Fmi Scholarship Foundation Inc funds

By grant dollars, the top recipient states for Fmi Scholarship Foundation Inc's 26 itemized 2020 grants were New Jersey (52%), Pennsylvania (22%) and Massachusetts (9%). The most frequent recipient cities were New Brunswick, NJ (3 grants), Bethlehem, PA (2 grants) and Worcester, MA (2 grants). None of its 26 grants with a stated purpose were described as general or operating support. Recurring purposes include "Post-Secondary Education" (26 grants).

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Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$54K

Annual Giving

$72K

Grant Count

Avg Grant Size

$3K

Under IRS private-foundation payout rules, Fmi Scholarship Foundation Inc reported a distributable amount of $2K for 2020 — the minimum it must pay out in qualifying distributions.

About Fmi Scholarship Foundation Inc

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $38K (52%)

Pennsylvania $16K (22%)

Massachusetts $7K (9%)

New York $4K (6%)

Connecticut $3K (4%)

All other $5K (7%)

Share of all 26 itemized 2020 grant dollars.

States

Connecticut Massachusetts New Jersey New York Pennsylvania Texas Virginia

Cities

New BrunswickBethlehemWorcesterAndoverBlacksburgBostonCollegevileElizabethtownGlassboroKeeneLafayetteMahwayNewtonPhiladelphiaPiscatawayRochesterSomersetSouth OrangeTeaneckWantage

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	$54,436
Revenue	$82,515
Expenses	$71,530
Qualifying Distributions	—
Net Investment Income	—
Distributable Amount	$2,451

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal year 2020

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2020

Grant Size Distribution

26 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest recipients include Julianne Sturm ($5,500), Kirsten Macmillan ($4,500), Alexandra Barcan ($4,000).

Recipient	Purpose	Amount
JULIANNE STURM Philadelphia, PA	POST-SECONDARY EDUCATION	$5,500
KIRSTEN MACMILLAN South Orange, NJ	POST-SECONDARY EDUCATION	$4,500
ALEXANDRA BARCAN Rochester, NY	POST-SECONDARY EDUCATION	$4,000
ZAYA KURODA-GRAUER Somerset, NJ	POST-SECONDARY EDUCATION	$3,000
KRISTEN SNYDER West Haven, CT	POST-SECONDARY EDUCATION	$3,000
CATHERINE MURPHY Wharton, NJ	POST-SECONDARY EDUCATION	$3,000
DANIEL BANAS Lafayette, NJ	POST-SECONDARY EDUCATION	$3,000
BRIAN MICHELS Andover, NJ	POST-SECONDARY EDUCATION	$3,000
JESSICA SCHREIBER Wantage, NJ	POST-SECONDARY EDUCATION	$3,000
ANDREW CARAGHER Bethlehem, PA	POST-SECONDARY EDUCATION	$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2020 IRS filing

Name	Title	Hours	Compensation
George H Guptill Jr	Trustee	—	—
James P Ayers	Trustee	—	—
Brian Lytwnec	Trustee	—	—
Vince Noggle	Trustee	—	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Fmi Scholarship Foundation Inc?

Fmi Scholarship Foundation Inc is a nonprofit organization focused on Education, based in Branchville, NJ. It holds $54K in total assets as of 2020.

How large is Fmi Scholarship Foundation Inc?

As of 2020, Fmi Scholarship Foundation Inc holds $54K in total assets with $83K in annual revenue. It awarded 26 grants totaling $72K in 2020.

Where does Fmi Scholarship Foundation Inc operate?

Fmi Scholarship Foundation Inc has awarded grants in Connecticut, Massachusetts, New Jersey, New York, Pennsylvania, Texas, Virginia.

What size grants does Fmi Scholarship Foundation Inc award?

In 2020, Fmi Scholarship Foundation Inc awarded 26 grants totaling $72K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Fmi Scholarship Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Fmi Scholarship Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.