Ninety One Scholarship Fund

Private foundation · Grantmaker Niagara Falls, NY EIN: 20-0508968

Ninety One Scholarship Fund is a private foundation focused on Education, based in Niagara Falls, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $84K in total assets. In 2025, it awarded 6 grants totaling $4K.

Key facts about Ninety One Scholarship Fund

In short: Ninety One Scholarship Fund gave $4K across 6 grants in 2025 (avg $623), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
20-0508968
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$3,738
Grants made (2025)
6
Average grant
$623
Median grant
$650
Total assets
$83,820
Primary geography
New York (57% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$84K

+9.9% YoY

Annual Giving

$4K

-6.1% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$623

+9.5% YoY

Under IRS private-foundation payout rules, Ninety One Scholarship Fund reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.

How Ninety One Scholarship Fund gives

  • Giving fell 47% from 2022 to 2025. Method
  • In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Your AI grants department

Ready to take the next step with Ninety One Scholarship Fund?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 6 itemized 2025 grant dollars.

Cities

LockportArcadeGrand IslandLithiaNiagara FallsWest SenecaPanama CityAppleton

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K11 grants202011 grants202112 grants20228 grants20237 grants20246 grants2025

From 2020 to 2025, annual grant giving ranged from $4K (2025) to $7K (2020). In 2025 it made 6 grants totaling $4K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Kiana Polanin: $975Kiana Polanin$975Alexa Ventura: $650Alexa Ventura$650Isabella Costa: $650Isabella Costa$650Amara Ventura: $650Amara Ventura$650Sydney Polanin: $650Sydney Polanin$650Allison Miley: $163Allison Miley$163

The largest 2025 recipient was Kiana Polanin ($975). Together the top 6 received $4K.

Grant Size Distribution

44 grants across all recorded years

44<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 44 grants of 44 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Kiana Polanin Lithia, FLScholarship$975
Alexa Ventura Lockport, NYScholarship$650
Isabella Costa Niagara Falls, NYScholarship$650
Amara Ventura Lockport, NYScholarship$650
Sydney Polanin Lithia, FLScholarship$650
Allison Miley Arcade, NYScholarship$163

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$5K$10K$15K202020212022202320242025
Metric202520242023
Total Assets$83,820$76,303$72,298
Revenue$12,264$8,901$8,389
Expenses$4,747$4,896$6,894
Qualifying Distributions$3,738$3,981$5,769
Net Investment Income———
Distributable Amount$3,896$3,659$3,508

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 8, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)

Leadership & Key People

Officers and directors from IRS filings

Ninety One Scholarship Fund's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Mario Neri

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Randy Palladino

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Richard Palladino

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Ninety One Scholarship Fund

How much does Ninety One Scholarship Fund give each year?

Ninety One Scholarship Fund gave $4K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 7 grants.

What is Ninety One Scholarship Fund's typical grant size?

Ninety One Scholarship Fund's median grant in 2025 was $650, and its average grant was $623, across 6 grants on its 2025 IRS Form 990-PF.

Where does Ninety One Scholarship Fund give grants?

Ninety One Scholarship Fund gives mostly in New York: 57% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (43%). The most frequent recipient cities were Lithia, FL (2 grants) and Lockport, NY (2 grants).

Does Ninety One Scholarship Fund give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Ninety One Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (6 grants).

Who are Ninety One Scholarship Fund's largest grantees?

Ninety One Scholarship Fund's largest 2025 grantees include Kiana Polanin ($975), Alexa Ventura ($650) and Isabella Costa ($650), according to its 2025 IRS Form 990-PF. Together they received 61% of its itemized 2025 grant dollars.

How large is Ninety One Scholarship Fund?

Ninety One Scholarship Fund reported $84K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

What is Ninety One Scholarship Fund?

Ninety One Scholarship Fund is a private foundation focused on Education, based in Niagara Falls, NY. It holds $84K in total assets as of 2025.

What is Ninety One Scholarship Fund's EIN?

Ninety One Scholarship Fund's EIN (Employer Identification Number) is 20-0508968. IRS Form 990 filing data is available on this page for 2020–2025.

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

Your AI grants department

Here's the math on researching Ninety One Scholarship Fund by hand.

Explore Open Grants

Browse active grant opportunities in Ninety One Scholarship Fund's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

The Ford Foundation

New York, NY

The Ford Foundation funds organizations, individuals, and ideas working to reduce inequality and advance social justice, including work in areas such as immigrant justice, criminal justice reform, gender equity, and arts and culture, through grants around the world. Its 2024 grants had a median of $100,000, with amounts ranging from $45 to $15 million; it does not accept unsolicited requests by mail, email, or phone.

Philanthropy, Voluntarism & Grantmaking

Assets

$17.5B

Grants

4,007

Total Given

$844.7M

The New York Community Trust

New York, NY

The New York Community Trust funds projects in areas including arts, education, health, human services, community development, and the environment, primarily in New York City, Long Island, and Westchester, with some opportunities elsewhere. Its 2024 median grant was $20,000, though awards varied widely. It accepts applications through its open competitive grants program and selected RFPs or letters of interest; donor-advised funds do not accept proposals.

Assets

$3.5B

Grants

2,748

Total Given

$193.8M

The Simons Foundation Inc

New York, NY

The Simons Foundation funds research in mathematics and the basic sciences, as well as autism and other disease research, through grants to research centers, universities, and related organizations. In 2024, grants ranged from $1,480 to $20 million, with a median of $72,000; funding is concentrated in New York, California, and Massachusetts, with awards also made elsewhere in the U.S. and internationally. Whether it accepts unsolicited requests is not stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$4.5B

Grants

1,727

Total Given

$272.0M

Local Initiatives Support Corporation

New York, NY

Local Initiatives Support Corporation funds affordable housing, economic development, education, health, child care, small businesses and other community initiatives, often through grants, loans and equity. Its 2024 grants had a median of $40,000, with awards ranging from $5,189 to $4.7 million, and its work spans communities across all 50 states. It offers specific grant opportunities, but the profile does not state whether it accepts unsolicited requests generally.

Assets

$1.6B

Grants

1,119

Total Given

$102.8M

Wellspring Philanthropic Fund Inc

New York, NY

Wellspring Philanthropic Fund supports climate and environmental work, human rights, civic engagement, Jewish causes, and some economic-opportunity initiatives, with grants reported across the U.S. and internationally. In 2024, its grants ranged from $500 to $9.75 million, with a median of $200,000. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$134.4M

Grants

1,101

Total Given

$326.0M

More Funders in New York

Ninety One Scholarship Fund down — hundreds of funders to go?

Want AI to do this for you?