Shawn Carter Scholarship Fund logo

Shawn Carter Scholarship Fund

NEW YORK, NY EIN: 11-3662240 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.5M

+27.8% YoY

Revenue

$5.1M

-53.3% YoY

Net Investment Income

$648K

+69.3% YoY

Expenses

$1.5M

-50.6% YoY

About Shawn Carter Scholarship Fund

Based on IRS filings

Shawn Carter Scholarship Fund is a nonprofit organization 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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AtlantaBrooklynLincoln UnivMiamiNew RochellePetersburgPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
Total Assets$16,531,193$12,937,536$4,948,214
Revenue$5,146,379$11,009,237$2,357,871
Expenses$1,499,664$3,034,784$1,053,149
Qualifying Distributions
Net Investment Income$647,590$382,483$423
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$763K$2M$2M$3M8 grants20202 grants20211 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

8<$50K$50–100K1$100–250K1$250–500K$500K–1M2$1–5M$5M+

Open Grants

2 open opportunities from Shawn Carter Scholarship Fund

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

DANIA DIAZEXECUTIVE DIRECTOR$93KCAROLYN ARCHERSECRETARY$20K

From 2024 filing

NameTitleHoursCompensation
GLORIA CARTERPRESIDENT10
CAROLYN ARCHERSECRETARY3$20,000
JAY BROWNDIRECTOR3
BRIAN SCHLUSSELBERGDIRECTOR3
ALEX SPIRODIRECTOR3
DANIA DIAZEXECUTIVE DIRECTOR40$93,151
CHAKA PILGRIMHONORARY BOARD MEMBER1

Subject Areas

Focus areas based on grantmaking activity

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

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