Joint Council No 73 Scholarship Fund
The Joint Council No 73 Scholarship Fund is a private foundation located in Springfield, New Jersey. Established in 1976, the organization operates as a 501(c)(3) entity dedicated to providing education scholarships to support students in their academic pursuits.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$856K
+12.5% YoY
Annual Giving
$93K
+4.5% YoY
Grant Count
67
+6.3% YoY
Avg Grant Size
$1K
-1.7% YoY
Mission & Focus Areas
The foundation's primary purpose is to provide education scholarships using contributions received. Specifically, the fund awards scholarship grants to children of International Brotherhood of Teamsters Joint Council No. 73 members, connecting its grantmaking directly to the labor union community it serves.
Grantmaking
The foundation maintains an active grantmaking program. In the most recent reporting year (2023), the organization made 65 grants to scholarship recipients. The foundation does not appear to have a formal published application process in available sources, though scholarship information is referenced through affiliated Teamsters Local organizations.
How to Apply
in available sources, though scholarship information is referenced through affiliated Teamsters Local organizations.
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Geographic Focus
Where this funder awards grants
The foundation operates from Springfield, New Jersey and primarily serves members and families connected to the International Brotherhood of Teamsters Joint Council No. 73, which is based in the same location.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $761,023
- Total Revenues: $172,133
- Total Expenses: $90,510
- Investment Income and Dividends: $13,050
- Miscellaneous Revenues: $159,083
The organization operates with no employees and relies on investment income and miscellaneous revenues to support its scholarship distribution activities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $856,264 | $761,023 | $675,415 |
| Revenue | $179,787 | $172,133 | $153,280 |
| Expenses | $103,998 | $90,510 | $93,114 |
| Qualifying Distributions | $93,000 | $89,000 | $97,000 |
| Net Investment Income | $22,047 | $13,050 | $1,511 |
| Distributable Amount | $15,907 | $24,148 | $35,738 |
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 2024
Grant Size Distribution
246 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALPHONSE RISPOLI JR | PRESIDENT | 1 | — |
| ROBERT CHERNEY | VICE PRESIDENT | 1 | — |
| JAMES KANE | TREASURER | 1 | — |
| JAMES KILKENNY | RECORDING SECRETARY | 1 | — |
| RONALD LAKE | TRUSTEE | 1 | — |
| JOSEPH DIPALMA | TRUSTEE | 1 | — |
| MICHAEL BRODERICK | TRUSTEE | 1 | — |
Contact Information
Address: 150 Morris Ave, Springfield, NJ 07081-1329
Telephone: 973-467-9100
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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