New Haven Scholarship Fund Inc

Organization Overview

New Haven Scholarship Fund Inc is located in New Haven, CT. The organization was established in 1961. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Haven Scholarship Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, New Haven Scholarship Fund Inc generated $529.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $400.9k during the year ending 06/2023. While expenses have increased by 6.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SCHOLARSHIPS FOR CITY SCHOOL GRADUATES

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE NEW HAVEN SCHOLARSHIP FUND, INC MADE SCHOLARSHIP AND BOOK AWARDS TO GRADUATES OF NEW HAVEN, CT, HIGH SCHOOLS ACCEPTED BY COLLEGES OR OTHER ACCREDITED POST-SECONDARY EDUCATION PROGRAMS TO FULFILL ITS EXEMPT PURPOSE. ALL AWARDS WERE MADE PAYABLE DIRECTLY TO THE ACCREDITED INSTITUTION OF POST-SECONDARY LEARNING WHICH THE AWARDEE ATTENDED.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$388,571
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$388,571
Total Program Service Revenue$0
Investment income $121,895
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $18,833
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $529,299

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