Nestle Scholarship Foundation

ARLINGTON, VA EIN: 87-3568395

Nestle Scholarship Foundation is a private foundation focused on Education, based in ARLINGTON, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $14.5M in total assets. In 2024, it awarded 1 grants totaling $764K. Net investment income was $518K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.5M

-1.9% YoY

Annual Giving

$764K

+8.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$764K

+8.8% YoY

Under IRS private-foundation payout rules, Nestle Scholarship Foundation reported a distributable amount of $711K for 2024 — the minimum it must pay out in qualifying distributions.

About Nestle Scholarship Foundation

Based on IRS filings

Nestle Scholarship Foundation is a private foundation focused on Education, based in ARLINGTON, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $14.5M in total assets. In 2024, it awarded 1 grants totaling $764K. Net investment income was $518K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Minneapolis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$477K$954K$1M$2M2021202220232024
Metric202420232022
Total Assets$14,451,686$14,725,000$15,086,231
Revenue$522,074$375,181$1,734,923
Expenses$795,388$736,412$848,412
Qualifying Distributions$791,761$730,390$848,225
Net Investment Income$518,447$369,159$1,734,735
Distributable Amount$711,270$728,971$741,798

Giving Over Time

Total grant dollars and number of grants per year

$0$207K$414K$621K$828K0 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED LIST$764K

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached List ($763,800).

RecipientPurposeAmount
SEE ATTACHED LIST MINNEAPOLIS, MNCOLLEGE SCHOLARSHIPS$763,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVEN PRESLEYCHIEF EXECUTIVE OFFICER
JUDY CASCAPERACHIEF PEOPLE OFFICER
MELISSA HENSHAWPRESIDENT, SOLUTIONS LAB
DAREN COUTURECHIEF TECHNICAL OFFICER
PETER SPANOSCHIEF SUPPLY CHAIN OFFICER
ROBERT GATTOSENIOR VP ACQUISITION
DANIEL NUGENTCHIEF LEGAL OFFICER
ANDREW GLASSVICE PRESIDENT, DEPUTY GENERAL
ALEXANDRA NEELYTREASURER
MARIA CABANILLAASSISTANT TREASURER, CASH MGMT
JANET RUDDERHAMTREASURER
BRIAN INGRAMHEAD OF TAX
RUI BARBASCHIEF FINANCIAL OFFICER
VEERAL SHAHCHIEF DIGITAL OFFICER
TODD BURSKISECRETARY
BRENDAN SILHANASSISTANT SECREATARY
HASSAN SHAHASSISTANT SECREATARY
KRISTIN MIKOLAITISSR TAX COUNSEL
REBECCA KENNEDYASSISTANT TREASURER
ELLEN CODYASSISTANT TREASURER
BRIAN HANEYDIRECTOR OF RISK MANAGEMENT
RUSSELL NISWANDERVP OF INVESTMENTS, RISK, TREAS
NIKKI ODOMDIRECTOR
VICKI FELKERCHIEF MARKETING OFFICER
CHANDRA KUMARPRESIDENT, NUTRITION
NELSON PENAPRESIDENT, GLOBAL BRANDS
MARK ATKINSONDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Nestle Scholarship Foundation?

Nestle Scholarship Foundation is a private foundation focused on Education, based in ARLINGTON, VA. It holds $14.5M in total assets as of 2024.

How large is Nestle Scholarship Foundation?

As of 2024, Nestle Scholarship Foundation holds $14.5M in total assets with $522K in annual revenue. It awarded 1 grants totaling $764K in 2024.

Where does Nestle Scholarship Foundation operate?

Nestle Scholarship Foundation has awarded grants in Minnesota.

What size grants does Nestle Scholarship Foundation award?

In 2024, Nestle Scholarship Foundation awarded 1 grants totaling $764K — an average of about $764K per grant, based on its IRS Form 990 filings.

How much is Nestle Scholarship Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Nestle Scholarship Foundation reported a distributable amount of $711K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nestle Scholarship Foundation's EIN?

Nestle Scholarship Foundation's EIN (Employer Identification Number) is 87-3568395. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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