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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 95-3466880 · Snapshot of IRS recognition, filing currency, financial health, and governance.
Dc scholarship program the purpose of the scholarship program is to award scholarships to graduating high school seniors who have shown the passion to succeed despite facing economic challenges. Because many of these students receive insufficient funds to cover basic tuition and fees for the school, the foundation makes grants to cover some or all of the gap between the student's costs and the school's financial aid, such as basic supplies, transportation, travel, and living expenses. In 2024, the scholarship program helped four students with their college expenses, providing support totaling $60,390. The foundation strictly follows its scholarship granting procedures as outlined in its irs advance approval letter, including the use of a grant selection committee, student gpa and reporting requirements, and monitoring use of funds, among other things.
Principal Officer
Marianne Cracchiolo Mago
Total Revenue
$6.0M
FY2024
Total Expenses
$5.4M
FY2024
Net Assets
$65.8M
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.