Memorial Scholarship Fund of the
Memorial Scholarship Fund of the is a private foundation, based in WESTMINSTER, MD. IRS filing data is available for 2021. As of 2021, the organization holds $123K in total assets. In 2021, it awarded 6 grants totaling $9K. Net investment income was $8K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
$123K
Annual Giving
$9K
Grant Count
6
Avg Grant Size
$2K
Under IRS private-foundation payout rules, Memorial Scholarship Fund of the reported a distributable amount of $11K for 2021 — the minimum it must pay out in qualifying distributions.
About Memorial Scholarship Fund of the
Based on IRS filings
Memorial Scholarship Fund of the is a private foundation, based in WESTMINSTER, MD. IRS filing data is available for 2021. As of 2021, the organization holds $123K in total assets. In 2021, it awarded 6 grants totaling $9K. Net investment income was $8K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 |
|---|---|
| Total Assets | $123,418 |
| Revenue | $12,335 |
| Expenses | $9,070 |
| Qualifying Distributions | — |
| Net Investment Income | $7,618 |
| Distributable Amount | $10,597 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2021
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Savannah Larkin ($1,500), Hayden Mason ($1,500), Jilienne Widner ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| SAVANNAH LARKIN FINKSBURG, MD | SCHOLARSHIP | $1,500 |
| HAYDEN MASON WESTMINSTER, MD | SCHOLARSHIP | $1,500 |
| JILIENNE WIDNER WESTMINSTER, MD | SCHOLARSHIP | $1,500 |
| ALEXA HAYMAN WESTMINSTER, MD | SCHOLARSHIP | $1,500 |
| KAYLA GILLIS FINKSBURG, MD | SCHOLARSHIP | $1,500 |
| GRACE MAGLIETTA FINKSBURG, MD | SCHOLARSHIP | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN AQUINO | PRESIDENT | — | — |
| JACIE MATHIAS | VICE PRESIDE | — | — |
| ANDREA BERSTLER | SECRETARY | — | — |
| GEORGE PECK | TREASURER | — | — |
| JAMES LIGHTNER | ASST SECRETA | — | — |
| ROBERT M BURK | ASST TREASUR | — | — |
Frequently Asked Questions
How large is Memorial Scholarship Fund of the?
As of 2021, Memorial Scholarship Fund of the holds $123K in total assets with $12K in annual revenue. It awarded 6 grants totaling $9K in 2021.
Where does Memorial Scholarship Fund of the operate?
Memorial Scholarship Fund of the has awarded grants in Maryland.
What size grants does Memorial Scholarship Fund of the award?
In 2021, Memorial Scholarship Fund of the awarded 6 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Memorial Scholarship Fund of the required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Memorial Scholarship Fund of the reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Memorial Scholarship Fund of the's EIN?
Memorial Scholarship Fund of the's EIN (Employer Identification Number) is 23-7037815. IRS Form 990 filing data is available on this page for 2021.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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