Shawn Carter Scholarship Fund
To help individuals facing socio-economic hardships further their education at post secondary institutions by providing them with educational scholarships and related educational support services and experiences to ensure their path towards success.
Shawn Carter Scholarship Fund at a glance
- Total assets
- $16,531,193
- +27.8% vs 2023
- Revenue (2024)
- $5,146,379
- -53.3% vs 2023
- Net investment income (2024)
- $647,590
- +69.3% vs 2023
- Expenses (2024)
- $1,499,664
- -50.6% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Shawn Carter Scholarship Fund
Open Grants
2 open opportunities from Shawn Carter Scholarship Fund
Who Shawn Carter Scholarship Fund funds
How this funder distributes its grants
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 8 grants of 12 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Shawn Carter Scholarship Fund gives
- Giving fell 51% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $138K (2022) to $3.1M (2020). In 2023 it made 1 grant totaling $1.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Brooklyn Public Library Brooklyn, NY | Books Unbanned Initiative | $1,500,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $16,531,193 | $5,146,379 | $1,499,664 | — | — | $647,590 |
| 2023 | $12,937,536 | $11,009,237 | $3,034,784 | $1,500,000 | 1 | $382,483 |
| 2022 | $4,948,214 | $2,357,871 | $1,053,149 | $137,500 | 1 | $423 |
| 2021 | $3,559,051 | $552,974 | $756,066 | $293,738 | 2 | $371 |
| 2020 | $3,770,693 | $3,724,003 | $4,624,770 | $3,051,750 | 8 | $565 |
About Shawn Carter Scholarship Fund
Based on IRS filings
Shawn Carter Scholarship Fund is a public charity focused on Education, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.5M in total assets. Net investment income was $648K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Shawn Carter Scholarship Fund is led by Dania Diaz, Executive Director on every filing since 2020; 2 of 7 officers listed in 2024 are compensated.
Officers on the 2024 filing
Dania Diaz
Executive Director
On filings since 2020
40 hrs/week
$90K (2020) → $93K (2024)
Gloria Carter
President
On filings since 2020
10 hrs/week
No compensation reported
Alex Spiro
Director
On filings since 2023
3 hrs/week
No compensation reported
Brian Schlusselberg
Director
On filings since 2023
3 hrs/week
No compensation reported
Jay Brown
Director
On filings since 2023
3 hrs/week
No compensation reported
Carolyn Archer
Secretary
Board Member → Director, 2023
Director → Secretary, 2024
On filings since 2020
3 hrs/week
$20K (2022) → $20K (2024)
Chaka Pilgrim
Honorary Board Member
Secretary → Honorary Board Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Kashyap Bakhai (2020–2022) — Treasurer
- Former: Neil Sirni (2020–2022) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $93K, to Dania Diaz (Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Shawn Carter Scholarship Fund
How large is Shawn Carter Scholarship Fund?
Shawn Carter Scholarship Fund reported $16.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $5.1M.
What is Shawn Carter Scholarship Fund?
Shawn Carter Scholarship Fund is a public charity focused on Education, based in New York, NY. It holds $16.5M in total assets as of 2024.
Where does Shawn Carter Scholarship Fund operate?
Shawn Carter Scholarship Fund has awarded grants in Georgia, New York, Pennsylvania, Virginia.
What is Shawn Carter Scholarship Fund's EIN?
Shawn Carter Scholarship Fund's EIN (Employer Identification Number) is 11-3662240. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Shawn Carter Scholarship Fund's focus areas in our free grants database
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