Charities United States Education Scholarship America Inc
Scholarship America Inc logo

Scholarship America Inc

Eliminate barriers to educational success so that any student can pursue their dream.

Education Minneapolis, MN EIN 042296967 · IRS Reg 04-2296967 · IRS Sign up to see website
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79
Integrity Assessment
Strong transparency
79/100 · methodology

About Scholarship America Inc

With our scholarship management services, you can create flexible programs that break financial barriers and fuel student ambition. Set up a scholarship today.

Founded
Headquarters
Minneapolis, MN
Foundation type
Supporting organization (509(a)(3))
NTEE code
B820
IRS subsection
501(c)(03)
Ruling date
Size
very-large

Verified certifications

Confirmed against the issuing authority - not self-reported.

IRS Tax-Deductible since 1962

Mission

Eliminate barriers to educational success so that any student can pursue their dream.

Focus areas & reach

· What they work on and where
📚 Education · NTEE B820
Cause tags

How it stacks up against peers

· vs. 8 similar education in United States
Program spending This charity: 0%
Peer average: 95%
CEO comp as % of revenue This charity: 0.13%
Peer average: 0.48%
Integrity Assessment This charity: 79
Peer average: 93

Red flags

· All clear
IRS revocation history
Open investigations
Governance scandals
Related-party deals
Excessive exec comp

Common questions

· Auto-generated from filings + methodology

Scholarship America Inc is a registered education nonprofit based in Minneapolis, MN, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 1961 and has been operating for 65 years. Its EIN is 042296967. It has a GiveRadar Integrity Assessment of 79/100 (Strong transparency), indicating well-documented governance, financials, and contact details. This is below the average of 93/100 for education charities in United States. The organization reports $260M in annual revenue. 196 officers and directors are publicly disclosed. No red flags have been detected.

Scholarship America Inc has a GiveRadar Integrity Assessment of 79/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 79 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. For comparison, the average integrity assessment for education charities in United States is 93/100.

Scholarship America Inc is located in Minneapolis, MN, United States. The organization was established in 1961 and has been active for 65 years.

Based on official tax filings, Scholarship America Inc has $260M in annual revenue. Its revenue is significantly above the peer average of $7M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Scholarship America Inc is classified as a Education organization, registered in United States. It operates as a Supporting organization (509(a)(3)). By size, it is categorized as a very-large organization. It has $260M in annual revenue. The organization has 196 disclosed officers and directors.

No red flags have been detected for Scholarship America Inc. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

Scholarship America Inc has a GiveRadar Integrity Assessment of 79/100 (Strong transparency) and no red flags have been detected, which suggests it is a well-documented organization. It is regulated by the IRS. You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.

With our scholarship management services, you can create flexible programs that break financial barriers and fuel student ambition. Set up a scholarship today. Scholarship America Inc is classified as a education organization registered in United States. The organization was founded in 1961.

Among education charities registered in United States: Scholarship America Inc's GiveRadar Integrity Assessment of 79/100 is below the peer average of 93/100. Its annual revenue of $260M is well above the peer average of $7M.

Yes, donations to Scholarship America Inc are generally tax-deductible in the United States. Scholarship America Inc is a 501(c)(3) tax-exempt organization. Its EIN is 042296967, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.

Verified against 3 official sources, last refreshed .

Annual revenue
$100M-$1B
0% to programs
Source: IRS 990 (FY2024) why this matters
Unlock exact figures

Filing history

5 years on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2024, FY2023, FY2022, FY2021, FY2020.
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Taxes

Tax-deductibility for donors

Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Leadership

RI
Richard Greene
CFO

Officers & trustees (25)

Source: Public filings

AA
Aaron N••••••••
Director & Software Engineering
AL
Alain K••••••••
TRUSTEE
AN
Andrea S••••
VICE PRESIDENT, DEVELOPMENT & MARKETING
AN
Angel P••••
TRUSTEE
AU
Autumn M••••••
TRUSTEE
BA
Barbara M••••
TRUSTEE
BE
Beatrice G••
Treasurer
BE
Ben W••••••••
Vice President
BO
Bonnie M•••••••
VP, OPERATIONS
BU
Buck W•••
Director
CA
Carmen D•••
Director
DA
daniel l••
TRUSTEE
DE
Dennis N•••••
Treasurer
DO
Donald Y•
Chief Strategy Product Officer
DO
Douglas J M••••
TRUSTEE
EU
Eugene S••••
Secretary
FA
Fatima F•••••
Director
GA
Gail P••••••••••
Secretary
HA
Hank C•••••••
President
HA
Hazel M M••••••••
SECRETARY
JA
James D•••••
TRUSTEE
JA
James H••••
Vice President
JA
James N••••
President
JE
Jeffrey M•••••••••
TRUSTEE
JE
Jeffrey M S••••••••
TRUSTEE
Full names, contact details & compensation

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Latest news

From global news sources

No recent news coverage found

News coverage will appear here when articles mention this organization.

Activity timeline

Filings and press mentions, merged

Form filed
$259.9M revenue
FY2024
IRS_990
Form filed
$240.3M revenue
FY2023
IRS_990
Form filed
$222.5M revenue
FY2022
IRS_990
Form filed
$217.4M revenue
FY2021
IRS_990
Form filed
$196.6M revenue
FY2020
IRS_990

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Peer charities

Other education in United States, by integrity assessment

Charity Score Revenue Program %
Scholarship America Inc This page 79 $259.9 million -
Engaging Opportunities Foundation 93 $154,246 92%
Bluebonnet Home Scholars Collaborative 93 $496,564 97%
New England Preparatory School Athletic Council 93 $797,579 96%
Insight Colearning Center 93 $599,391 95%
Vphs Baseball Boosters 93 $154,642 97%
Fieldguides Incorporated 93 $435,724 89%
Coal Pit Ministry Inc 93 $208,306 91%
Dream Out Loud Center Inc 93 $218,479 100%

Sources and verification

Refreshed

Registration and legal identity
Internal Revenue Service (IRS) - Tax Exempt Organization Search
Financial filings
IRS Form 990 filings - Fiscal year 2024 most recent on file.
Officers and trustees
Internal Revenue Service (IRS) - Tax Exempt Organization Search - 196 disclosed in the public registry.

Data freshness

Last updated
May 27, 2026
Profile completeness
90%

What we don't know

Honest gaps - our score reflects transparency, not impact

Programs & projects
No named programs listed by the charity
Operating reach
Countries where programs run not specified

Methodology

GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.

Read full methodology

Quick facts about Scholarship America Inc

What is Scholarship America Inc?
Scholarship America Inc is a education supporting organization (509(a)(3)) based in Minneapolis, United States. With our scholarship management services, you can create flexible programs that break financial barriers and fuel student ambition. Set up a scholarship today.
When was Scholarship America Inc founded?
Scholarship America Inc was founded in 1961.
Who leads Scholarship America Inc?
Richard Greene serves as CFO.
Where is Scholarship America Inc located?
Headquartered in Minneapolis, United States.
What is Scholarship America Inc's annual budget?
Annual revenue for fiscal year 2024 is approximately $100M-$1B. 0% of expenses go to program services.
Is Scholarship America Inc trustworthy?
Scholarship America Inc has a GiveRadar Integrity Assessment of 79 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
What is Scholarship America Inc's registration number?
IRS EIN: 042296967. Registration: 04-2296967 (United States).
What is Scholarship America Inc's website?
http://www.scholarshipamerica.org