Royal Acranum Scholarship Fund Inc logo

Royal Acranum Scholarship Fund Inc

Private foundation · Grantmaker Boston, MA EIN: 20-1236826 Website

Royal Acranum Scholarship Fund Inc is a private foundation based in Boston, Massachusetts. It provides educational scholarships and grants to Royal Arcanum members.

Key facts about Royal Acranum Scholarship Fund Inc

In short: Royal Acranum Scholarship Fund Inc gave $59K across 39 grants in 2025 (avg $2K), top state New Jersey. 28% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
20-1236826
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$58,697
Grants made (2025)
39
Average grant
$1,505
Median grant
$1,250
New grantees (estimate)
28% first-time grantees (11 of 39, 2025)
Total assets
$516,839
Primary geography
New Jersey (37% of itemized 2025 grant dollars)
How to apply
The 2024 filing directs applicants to contact Stephen Haddock and submit the listed application materials. Full details ↓
Deadline
The 2024 filing lists December 31, 2024.

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$517K

-6.8% YoY

Annual Giving

$59K

+6.9% YoY

Grant Count

39

-17.0% YoY

Avg Grant Size

$2K

+28.8% YoY

Is Royal Acranum Scholarship Fund Inc open to new grantees?

28%

first-time grantees, 2025

In 2025, 11 of 39 grantees (28%) were first-time recipients. First grants averaged $2K; repeat grants $1K. How we count

Medians: $2K first-time, $675 repeat.

  • 72% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+15%). Method
  • In 2022 it paid out 236% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The fund supports education through scholarships and grants for Royal Arcanum members. Its 2025 grants were designated for educational purposes and went to individual recipients.

Grantmaking

In filing year 2025, the fund made 39 grants totaling $58,697. Grant amounts ranged from $375 to $6,000, with a median of $1,250. Its largest reported awards included $6,000 to Morgan Whiteside of Cornielius, North Carolina; $4,000 to Penelope Aboud of S Pasadena, California; and $2,747 to Alexis Cannon of Parlin, New Jersey. Other listed awards included $2,500 each to Jacob Olano, Emily Solondz, Matthew MacDougall, Katarzyna Tomaszkowicz, Amanda Raymond, Adele Sobieski, Justin Koplinka, and Nina Pantaleone.

Review Cycle

The 2024 filing lists December 31, 2024. The website’s 2026 competitive scholarship application gives a December 31, 2025 receipt deadline.

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Geographic Focus

Where this funder awards grants

The fund is based in Boston. In filing year 2025, recipients were located across multiple states; the largest shares of grant dollars went to recipients in New Jersey (37%), California (14%), North Carolina (12%), Florida (8%), and Virginia (7%).

Grant Distribution by State

24states

Share of 2025 grant dollars across all 39 itemized grants.

Cities

PortlandBayonneGarfieldOshkoshCranfordParamusPhiladelphiaBloomfieldBriarcliff ManorCliftonTujungaWichitaFort KentLarchmontNarragansettWest ColumbiaAllendaleBexleyCornieliusDracut

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K43 grants2020 42 grants2021 40 grants2022 43 grants2023 47 grants2024 39 grants2025

From 2020 to 2025, annual grant giving ranged from $48K (2021) to $59K (2025). In 2025 it made 39 grants totaling $59K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Morgan Whiteside: $6KMorgan Whiteside$6KPenelope Aboud: $4KPenelope Aboud$4KAlexis Cannon: $3KAlexis Cannon$3KJacob Olano: $3KJacob Olano$3KEmily Solondz: $3KEmily Solondz$3KMatthew MacDougall: $3KMatthew MacDougall$3KKatarzyna Tomaszkowicz: $3KKatarzyna Tomaszkowicz$3KAmanda Raymond: $3KAmanda Raymond$3KAdele Sobieski: $3KAdele Sobieski$3KJustin Koplinka: $3KJustin Koplinka$3K

The largest 2025 recipient was Morgan Whiteside ($6K). Together the top 10 received $30K.

Grant Size Distribution

211 grants across all recorded years

211<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 211 grants of 211 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Morgan Whiteside Cornielius, NCEducational$6,000
Penelope Aboud S Pasadena, CAEducational$4,000
Alexis Cannon Parlin, NJEducational$2,747
Jacob Olano Glendale, CAEducational$2,500
Emily Solondz Palm Harbor, FLEducational$2,500
Matthew MacDougall Atglen, PAEducational$2,500
Katarzyna Tomaszkowicz Garfield, NJEducational$2,500
Amanda Raymond Auburn, MEEducational$2,500
Adele Sobieski Ocean, NJEducational$2,500
Justin Koplinka Fairpoint, NYEducational$2,500

Financial History

Multi-year comparison from IRS filings

Filing year Grants awarded Grant count
2025 $58,697 39
2024 $54,910 47
2023 $54,614 43
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$516,839$554,833$581,771
Revenue$21,847$28,350$65,284
Expenses$59,841$55,288$54,674
Qualifying Distributions$59,841$55,288$54,674
Net Investment Income$21,847$28,350$16,261

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 April 19, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 7, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 28, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 29, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 1, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 6, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Antal Basa as president, John Crisanti as treasurer, and Nicole Covelli and Cynthia Macon as directors.

Royal Acranum Scholarship Fund Inc is led by Antal Basa, President on every filing since 2022; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Antal Basa

    President

    On filings since 2022

    No compensation reported

  • Cynthia Macon

    Director

    On filings since 2022

    No compensation reported

  • Nicole Covelli

    Director

    On filings since 2024

    No compensation reported

  • John Crisanti

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Maria Dibartolo (2020–2023) — Director
  • Former: James ONeill (2020–2021) — Director
  • Former: Peter D Ferrara (2020–2021) — President

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.

Contact

Application contact: Stephen Haddock
Mailing address: 61 Batterymarch St, Boston, MA 02110
Phone: (617) 426-4135
Email: shaddock@royalarcanum.com
Website: https://royalarcanum.com

Frequently asked questions about Royal Acranum Scholarship Fund Inc

How much does Royal Acranum Scholarship Fund Inc give each year?

Royal Acranum Scholarship Fund Inc gave $59K across 39 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $55K across 47 grants.

What is Royal Acranum Scholarship Fund Inc's typical grant size?

Royal Acranum Scholarship Fund Inc's median grant in 2025 was $1,250, and its average grant was $1,505, across 39 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Royal Acranum Scholarship Fund Inc that year got $2K on average.

Where does Royal Acranum Scholarship Fund Inc give grants?

Royal Acranum Scholarship Fund Inc's top state is New Jersey, with 37% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were California (14%) and North Carolina (12%). The most frequent recipient cities were Cornielius, NC (2 grants), Richmond, VA (2 grants), Garfield, NJ (2 grants) and Paramus, NJ (2 grants).

Does Royal Acranum Scholarship Fund Inc give general operating support?

Not in 2025: none of the 39 grants with a stated purpose on Royal Acranum Scholarship Fund Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (39 grants).

Who are Royal Acranum Scholarship Fund Inc's largest grantees?

Royal Acranum Scholarship Fund Inc's largest 2025 grantees include Morgan Whiteside ($6,000), Penelope Aboud ($4,000) and Alexis Cannon ($2,747), according to its 2025 IRS Form 990-PF. Together they received 22% of its itemized 2025 grant dollars.

How large is Royal Acranum Scholarship Fund Inc?

Royal Acranum Scholarship Fund Inc reported $517K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $22K.

What does Royal Acranum Scholarship Fund Inc fund?

The fund supports education through scholarships and grants for Royal Arcanum members. Its 2025 grants were designated for educational purposes and went to individual recipients. See mission & focus areas ↑

How do I apply for a grant from Royal Acranum Scholarship Fund Inc?

The 2024 filing directs applicants to contact Stephen Haddock and submit the listed application materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Royal Acranum Scholarship Fund Inc's EIN?

Royal Acranum Scholarship Fund Inc's EIN (Employer Identification Number) is 20-1236826. 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. Research dossier generated September 2026.

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