Irene Kandzie Scholarship Fund

PENNINGTON, NJ EIN: 75-3239047

Irene Kandzie Scholarship Fund is a private foundation focused on Education, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 1 grants totaling $245K. Net investment income was $563K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.5M

+5.1% YoY

Annual Giving

$245K

-1.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$245K

-1.5% YoY

About Irene Kandzie Scholarship Fund

Based on IRS filings

Irene Kandzie Scholarship Fund is a private foundation focused on Education, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 1 grants totaling $245K. Net investment income was $563K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Somerville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$174K$348K$521K$695K20202021202220232024
Metric202420232022
Total Assets$5,528,939$5,259,614$5,372,060
Revenue$597,189$212,995$451,079
Expenses$323,463$327,266$249,552
Qualifying Distributions$290,663$291,331$204,948
Net Investment Income$563,468$180,158$415,596
Distributable Amount$307,606$287,695$293,904

Giving Over Time

Total grant dollars and number of grants per year

$0$77K$154K$231K$308K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

TUFTS UNIVERSITY$245K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICA N ACO-TRUSTEE$65KMR J CURTIS HYERSCO-TRUSTEE$11K

From 2024 filing

NameTitleHoursCompensation
BANK OF AMERICA N ACO-TRUSTEE2$65,491
MR J CURTIS HYERSCO-TRUSTEE2$11,373

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.

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