The Scudder Association Foundation Inc
The Scudder Association Foundation Inc is a private foundation established in 1912 and incorporated in 1946, making it one of America's oldest family charitable organizations. Based in Wilmington, Delaware, the foundation is dedicated to a tradition of "Service to Others" and operates as a 501(c)(3) tax-exempt organization (EIN: 13-5647705).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.6M
+4.5% YoY
Annual Giving
$125K
-12.6% YoY
Grant Count
4
-77.8% YoY
Avg Grant Size
$31K
+293.4% YoY
Mission & Focus Areas
The foundation's mission centers on supporting educational and medical initiatives, with particular emphasis on:
- Scholarship awards for higher education in medical study, ministerial giving, teaching, and social service
- Medical institutions, including support for hospitals and medical schools
- International development, particularly supporting hospitals and schools founded by the Scudder family in South India
- Family history preservation and kinship promotion among Scudder family members
The foundation primarily funds grants to schools for student scholarships and provides support to institutions including Scudder Memorial Hospital.
Grantmaking
The foundation made 19 grants in its most recent reporting year. Grant amounts have ranged from $25 to $90,000, with typical awards in this range.
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives in both the United States and South India, with particular focus on institutions founded by the Scudder family in South India, including Scudder Memorial Hospital and associated educational institutions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $4,579,308
- Total Revenues: $466,035
- Total Expenses: $267,884
- Total Giving: $125,025
As of December 2023:
- Total Assets: $4,381,157
- Total Revenues: $213,538
- Total Expenses: $256,998
Revenue sources include investment income and dividends, grants and contributions, and gains from asset sales.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,579,308 | $4,381,157 | $5,058,133 |
| Revenue | $466,035 | $213,538 | $-106,558 |
| Expenses | $267,884 | $256,998 | $279,856 |
| Qualifying Distributions | $250,527 | $249,549 | $279,205 |
| Net Investment Income | $455,490 | $204,777 | $109,079 |
| Distributable Amount | $276,491 | $252,423 | $260,966 |
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
67 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Margery Boyden | Dir | 1 | $5,000 |
| Margaret S Coleman | Dir | 1 | — |
| Clive Connor | Dir, Sec | 1 | $5,000 |
| Jack Gillmar | Dir | 1 | — |
| Randy Lakeman | Dir | 1 | — |
| Barbara Scudder | Dir | 1 | — |
| Charles S K Scudder | Dir | 1 | $1,690 |
| Renee Scudder | Dir | 1 | — |
| Richard Scudder | Dir, Treas | 1 | $18,750 |
| Virgil Scudder | VP, Dir | 1 | — |
| William Scudder | Dir | 1 | — |
| Cynthia Sherman | Dir | 1 | — |
| Susan Swanson | Pres, Dir | 14 | — |
| James Taylor | VP, Dir, Treas | 6 | — |
| Michael Taylor | Dir | 1 | — |
| Ken Scudder | Dir | 1 | — |
| Claudia Orchaniian | Dir | 1 | — |
| Bennett Gillmar | Dir | 1 | — |
Contact Information
- Website: www.scudder.org
- Phone: 800-839-1754
- Address: 501 Silverside Road, Wilmington, DE 19809-1377
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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