The Memorial Scholarship Fund of
The Memorial Scholarship Fund of 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.
The Memorial Scholarship Fund of at a glance
In short: The Memorial Scholarship Fund of gave $9K across 6 grants in 2021 (avg $2K), mostly in Maryland. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $9,000
- Grants made (2021)
- 6
- Average grant
- $1,500
- Median grant
- $1,500
- Total assets
- $123,418
- Primary geography
- Maryland (100% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who The Memorial Scholarship Fund of funds
How this funder distributes its grants
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 6 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 6 grants totaling $9K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 6 individual scholarships Recipients not named | — | $9,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2021 | $123,418 | $12,335 | $9,070 | $9,000 | 6 | $7,618 | $10,597 |
Under IRS private-foundation payout rules, The Memorial Scholarship Fund of reported a distributable amount of $11K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Memorial Scholarship Fund of is led by Stephen Aquino, President on the 2021 filing; none of the 6 officers listed in 2021 report compensation.
Officers on the 2021 filing
Stephen Aquino
President
New on the 2021 filing
No compensation reported
Andrea Berstler
Secretary
New on the 2021 filing
No compensation reported
George Peck
Treasurer
New on the 2021 filing
No compensation reported
Jacie Mathias
Vice President
New on the 2021 filing
No compensation reported
James Lightner
Assistant Secretary
New on the 2021 filing
No compensation reported
Robert M. Burk
Assistant Treasurer
New on the 2021 filing
No compensation reported
Data from IRS Form 990 filings, 2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Memorial Scholarship Fund of
How much does The Memorial Scholarship Fund of give each year?
The Memorial Scholarship Fund of gave $9K across 6 grants in 2021, according to its 2021 IRS Form 990-PF.
What is The Memorial Scholarship Fund of's typical grant size?
The Memorial Scholarship Fund of's median grant in 2021 was $1,500, and its average grant was $1,500, across 6 grants on its 2021 IRS Form 990-PF.
Where does The Memorial Scholarship Fund of give grants?
The Memorial Scholarship Fund of gives mostly in Maryland: 100% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there.
Does The Memorial Scholarship Fund of give general operating support?
Not in 2021: none of the 6 grants with a stated purpose on The Memorial Scholarship Fund of's 2021 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (6 grants).
How large is The Memorial Scholarship Fund of?
The Memorial Scholarship Fund of reported $123K in total assets on its 2021 IRS Form 990-PF. Its revenue that year was $12K.
How much is The Memorial Scholarship Fund of required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, The Memorial Scholarship Fund of reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Memorial Scholarship Fund of's EIN?
The Memorial Scholarship Fund of's EIN (Employer Identification Number) is 23-7037815. IRS Form 990 filing data is available on this page for 2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2021
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