Nestle Scholarship Foundation

Private foundation · Grantmaker 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 grant totaling $764K. Net investment income was $518K.

Nestle Scholarship Foundation at a glance

In short: Nestle Scholarship Foundation gave $764K across 1 grant in 2024 (avg $764K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$763,800
+8.8% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$763,800
+8.8% vs 2023
Median grant
$763,800
Total assets
$14,451,686
-1.9% vs 2023
Primary geography
Minnesota (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Nestle Scholarship Foundation funds

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

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

The most common grant size was in the $500K–1M range: 3 grants of 3 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Minneapolis

How Nestle Scholarship Foundation gives

  • In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M0 grants2021 1 grant2022 1 grant2023 1 grant2024

From 2022 to 2024, annual grant giving ranged from $702K (2023) to $828K (2022). In 2024 it made 1 grant totaling $764K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
1 individual scholarship Recipients not named —$763,800
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$14,451,686$522,074$795,388$763,8001$791,761$518,447$711,270
2023$14,725,000$375,181$736,412$702,0001$730,390$369,159$728,971
2022$15,086,231$1,734,923$848,412$828,0001$848,225$1,734,735$741,798

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.

Leadership & Key People

Officers and directors from IRS filings

Nestle Scholarship Foundation is led by Steven Presley, Chief Executive Officer on every filing since 2021; none of the 27 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Steven Presley

    Chief Executive Officer

    On filings since 2021

    No compensation reported

  • Chandra Kumar

    President & Nutrition

    On filings since 2023

    No compensation reported

  • Melissa Henshaw

    President & Solutions Lab

    On filings since 2023

    No compensation reported

  • Nelson Pena

    President & Global Brands

    On filings since 2023

    No compensation reported

  • Brian Haney

    Director of Risk Management

    On filings since 2022

    No compensation reported

  • Mark Atkinson

    Director

    Corporate Controller → Director, 2024

    On filings since 2023

    No compensation reported

  • Nikki Odom

    Director

    On filings since 2023

    No compensation reported

  • Alexandra Neely

    Treasurer

    On filings since 2021

    No compensation reported

  • Andrew Glass

    Vice President & Deputy General

    On filings since 2021

    No compensation reported

  • Daniel Nugent

    Chief Legal Officer

    On filings since 2021

    No compensation reported

  • Janet Rudderham

    Treasurer

    Assistant Treasurer → Treasurer, 2024

    On filings since 2021

    No compensation reported

  • Judy Cascapera

    Chief People Officer

    Vice President → Chief People Officer, 2022

    On filings since 2021

    No compensation reported

  • Robert Gatto

    Senior Vice President Acquisition

    Senior Vice President Acquisit → Senior Vice President Acquisition, 2023

    On filings since 2021

    No compensation reported

  • Brendan Silhan

    Assistant Secreatary

    On filings since 2022

    No compensation reported

  • Brian Ingram

    Head of Tax

    On filings since 2022

    No compensation reported

  • Ellen Cody

    Assistant Treasurer

    On filings since 2022

    No compensation reported

  • Hassan Shah

    Assistant Secreatary

    On filings since 2022

    No compensation reported

  • Kristin Mikolaitis

    Senior Tax Counsel

    Senior Tax Counsel & Assistant Treasurer → Senior Tax Counsel, 2023

    On filings since 2022

    No compensation reported

  • Maria Cabanilla

    Assistant Treasurer & Cash Management

    On filings since 2022

    No compensation reported

  • Peter Spanos

    Chief Supply Chain Officer

    On filings since 2022

    No compensation reported

  • Rebecca Kennedy

    Assistant Treasurer

    On filings since 2022

    No compensation reported

  • Rui Barbas

    Chief Financial Officer

    On filings since 2022

    No compensation reported

  • Russell Niswander

    Vice President of Investments, Risk & Treasurer

    On filings since 2022

    No compensation reported

  • Todd Burski

    Secretary

    On filings since 2022

    No compensation reported

  • Veeral Shah

    Chief Digital Officer

    Chief Ecommerce & Digital Officer → Chief Digital Officer, 2023

    On filings since 2022

    No compensation reported

  • Daren Couture

    Chief Technical Officer

    On filings since 2023

    No compensation reported

  • Vicki Felker

    Chief Marketing Officer

    On filings since 2023

    No compensation reported

Former officers (9)
  • Former: Detlef Krost (2021–2022) — Chief Technical Officer
  • Former: Kathleen Carl (2021–2022) — Vice President Finance
  • Former: Melissa Cash (2021–2022) — Chief Marketing Officer
  • Former: Pellegrino Miele (2022) — President & Npna
  • Former: Tarun Malkani (2022) — President & Gpc
  • Former: Giulio Gerardo (2021) — Chief Financial Officer
  • Former: James Parent (2021) — Head of Tax
  • Former: Jim Wells (2021) — Chief Supply Chain Officer
  • Former: Praveen Kumar (2021) — Assistant Treasurer

Data from IRS Form 990 filings, 2021–2024. "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 Nestle Scholarship Foundation

How much does Nestle Scholarship Foundation give each year?

Nestle Scholarship Foundation gave $764K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $702K across 1 grant.

How large is Nestle Scholarship Foundation?

Nestle Scholarship Foundation reported $14.5M in total assets on its 2024 IRS Form 990-PF. It paid out $792K in qualifying distributions that year, against a required minimum of $711K (roughly 5% of its investment assets).

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.

Where does Nestle Scholarship Foundation operate?

Nestle Scholarship Foundation has awarded grants in Minnesota.

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.

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

  1. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Nestle Scholarship Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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