Scholarship America Inc

MINNEAPOLIS, MN EIN: 23-7039405

(SEE SCHEDULE O)

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$277.3M

+9.6% YoY

Annual Giving

$681K

-29.6% YoY

Grant Count

17

-5.6% YoY

Avg Grant Size

$40K

-25.5% YoY

About Scholarship America Inc

Based on IRS filings

Scholarship America Inc is a nonprofit organization focused on Education, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $277.3M in total assets. In 2024, it awarded 17 grants totaling $681K. Net investment income was $12.4M.

Focus Areas

Ready to take the next step with Scholarship America Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

15states
+7 more states

Cities

AdaAppletonBellevueBemidjiBlackduckBurlingtonCedar FallsCharitonConcordDes MoinesDubuqueDyer BrookElkhartFargoGreencastleHaynevilleLarimoreLawrenceburgNevisNorth Creek

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12M$25M$37M$50M20202021202220232024
Metric202420232022
Total Assets$277,252,707$253,059,625$229,703,495
Revenue$42,758,638$40,074,677$29,151,786
Expenses$29,330,151$27,906,725$25,702,075
Qualifying Distributions
Net Investment Income$12,441,084$8,044,472$2,018,116
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$667K$1M$2M$3M10 grants202019 grants202113 grants202218 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NEW HAMPSHIRE CHARITABLE…$169KNORTHWEST MN FOUNDATION$90KPUTNAM COUNTY COMMUNITY …$48KADA-BORUP-WEST ISD 2910$45KADA SCHOLARSHIP FOUNDATI…$45KYORK COUNTY COMMUNITY FO…$42KCOMMUNITY FOUNDATION OF …$40KWASHINGTON COUNTY COMMUN…$37KCOMMUNITY FOUNDATION OF …$29KCOMMUNITY FOUNDATION OF …$28K

Grant Size Distribution

77 grants across all recorded years

54<$50K13$50–100K6$100–250K1$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SEESCHEDULE O

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with Scholarship America Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities