Kernwood Scholarship Foundation

SWAMPSCOTT, MA EIN: 22-3215746

Kernwood Scholarship Foundation is a private foundation, based in SWAMPSCOTT, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $195.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$68K

-11.5% YoY

Annual Giving

$25K

+11.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$25K

+11.4% YoY

About Kernwood Scholarship Foundation

Based on IRS filings

Kernwood Scholarship Foundation is a private foundation, based in SWAMPSCOTT, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $195.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Salem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$13K$20K$27K20202021202220232024
Metric202420232022
Total Assets$67,840$76,633$80,185
Revenue$15,745$18,483$18,128
Expenses$24,538$22,035$18,785
Qualifying Distributions$24,500$22,000$18,750
Net Investment Income$195$213$53
Distributable Amount$3,302$3,551$3,647

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$18K$25K0 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SCHOLARSHIP RECIPIENTS O…$25K

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$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

From 2024 filing

NameTitleHoursCompensation
SCOTT A SAGANTRUSTEE0.1
STEVE SOLOMONTRUSTEE0.05

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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