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Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
DBA: N/A
EIN 13-6225947 · Snapshot of IRS recognition, filing currency, financial health, and governance.
The Smalley foundation, inc. (the "foundation") awards college scholarships to deserving public high school seniors who need financial aid to attend college. The payments are made directly to the college for tuition, fees, books, room and board and related expenses. The college is authorized in certain cases to turn a portion of the funds over to the grantee for the purchase of books, supplies and other related expenses. Candidates for awards are nominated annually by the board of education (or comparable administrative agencies) of communities. The directors of the foundation select grantees from the list of nominees on the basis of the following criteria: 1) performance in examinations showing ability and aptitude for college work, 2) recommendation from school personnel, 3) financial need, and 4) prior academic performance. During 2024, the foundation disbursed $2,383,161 in scholarships for 119 individual students.
Total Revenue
$2.5M
FY2024
Total Expenses
$3.2M
FY2024
Net Assets
$38.7M
Program Ratio
—
expenses on programs
Employees
—
Volunteers
—
Board Members
—
Voting
—
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.