Rwmd Scholarship Fund Inc is a private foundation focused on Education, based in NEW HAVEN, CT. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $275K. Net investment income was $76K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+4.8% YoY
Annual Giving
$275K
Grant Count
4
Avg Grant Size
$69K
Under IRS private-foundation payout rules, Rwmd Scholarship Fund Inc reported a distributable amount of $101K for 2024 — the minimum it must pay out in qualifying distributions.
About Rwmd Scholarship Fund Inc
Based on IRS filings
Rwmd Scholarship Fund Inc is a private foundation focused on Education, based in NEW HAVEN, CT. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $275K. Net investment income was $76K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $1,979,142 | $1,887,728 |
| Revenue | $415,507 | $1,907,960 |
| Expenses | $324,093 | $20,232 |
| Qualifying Distributions | $275,000 | — |
| Net Investment Income | $75,815 | $50,870 |
| Distributable Amount | $100,991 | $86,643 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Duke University School of Nursing ($125,000), University of Chicago ($55,000), Baruch College ($55,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DUKE UNIVERSITY SCHOOL OF NURSING DURHAM, NC | TO ACCOMPLISH CHARITABLE PURPOSE | $125,000 |
| UNIVERSITY OF CHICAGO CHICAGO, IL | TO ACCOMPLISH CHARITABLE PURPOSE | $55,000 |
| BARUCH COLLEGE NEW YORK, NY | TO ACCOMPLISH CHARITABLE PURPOSE | $55,000 |
| DUKE UNIVERSITY - TRINITY COLLEGE DURHAM, NC | TO ACCOMPLISH CHARITABLE PURPOSE | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURENCE NADEL | PRESIDENT SE | — | $26,881 |
| MARC ALBAUM | VICE PRESIDE | — | $7,813 |
| LINDA MAFFEI | DIRECTOR | — | $500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rwmd Scholarship Fund Inc?
Rwmd Scholarship Fund Inc is a private foundation focused on Education, based in NEW HAVEN, CT. It holds $2.0M in total assets as of 2024.
How large is Rwmd Scholarship Fund Inc?
As of 2024, Rwmd Scholarship Fund Inc holds $2.0M in total assets with $416K in annual revenue. It awarded 4 grants totaling $275K in 2024.
Where does Rwmd Scholarship Fund Inc operate?
Rwmd Scholarship Fund Inc has awarded grants in Illinois, North Carolina, New York.
What size grants does Rwmd Scholarship Fund Inc award?
In 2024, Rwmd Scholarship Fund Inc awarded 4 grants totaling $275K — an average of about $69K per grant, based on its IRS Form 990 filings.
How much is Rwmd Scholarship Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rwmd Scholarship Fund Inc reported a distributable amount of $101K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rwmd Scholarship Fund Inc's EIN?
Rwmd Scholarship Fund Inc's EIN (Employer Identification Number) is 92-1810984. IRS Form 990 filing data is available on this page for 2023–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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