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Education : Scholarship and Financial Support

Carson Scholars Fund

Discovering Promise... Rewarding Excellence

four stars

91.81

305 W. Chesapeake Avenue Towson, MD 21204
tel: (410) 828-1005   Web Site
EIN: 52-1851346

Board Leadership
Lee Warner
Chairman Of The Board

CEO
Amy Warner
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 91.81 four stars
  Financial 91.64 four stars
  Accountability & Transparency 92.00 four stars
This rating was published 12/21/2016 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

four stars

91.64

Accountability & Transparency

four stars

92.00

This rating was published 12/21/2016 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
92.0%
  Administrative Expenses 5.0%
  Fundraising Expenses 2.8%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 2.75
  Program Expenses Growth 9.1%
  Liabilities to Assets 45.2%
All data for Financial Performance Metrics calculations was provided by Carson Scholars Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Carson Scholars Fund on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Carson Scholars Fund (MD) 91.81 four stars
SHRM Foundation (VA) 88.45 three stars
Arizona Private Education Scholarship Fund (AZ) 93.91 four stars
Scholarship Foundation of Santa Barbara (CA) 94.56 four stars
Thurgood Marshall College Fund (DC) 94.69 four stars

Compare These Charities (Highly Rated)

The Carson Scholars Fund supports two main initiatives: The Carson Scholars Program and The Ben Carson Reading Project. Our scholarship program awards students who have embraced high levels of academic excellence and community service with $1,000 college scholarships. The Ben Carson Reading Project provides funding to schools to build and maintain Ben Carson Reading Rooms – warm, inviting rooms where children can discover the joy of independent leisure reading.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,456,771
   Federated Campaigns $6,481
   Membership Dues $0
   Fundraising Events $30,000
   Related Organizations $0
   Government Grants $0
Total Contributions $1,493,252
   Program Service Revenue $472,097
Total Primary Revenue $1,965,349
   Other Revenue $463,442
TOTAL REVENUE $2,428,791
   
EXPENSES  
   Program Expenses $1,735,694
   Administrative Expenses $94,516
   Fundraising Expenses $55,496
TOTAL FUNCTIONAL EXPENSES $1,885,706
   
Payments to Affiliates $0
Excess (or Deficit) for the year $543,085
   
Net Assets $4,815,308

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Scholarships $1,474,351 84.9%
Reading Programs $261,343 15.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-06 12/21/2016 91.81 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 52-1851346
Name in IRS Master File CARSON SCHOLARS FUND INC
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (40) Scholarships (other)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012
  • June, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$131,250 6.96% Amy Warner Executive Director

The Carson Scholars Fund supports two main initiatives: The Carson Scholars Program and The Ben Carson Reading Project. Our scholarship program awards students who have embraced high levels of academic excellence and community service with $1,000 college scholarships. The Ben Carson Reading Project provides funding to schools to build and maintain Ben Carson Reading Rooms – warm, inviting rooms where children can discover the joy of independent leisure reading.

Highly Rated

Charity Name & State Overall Score Overall Rating
Carson Scholars Fund (MD) 91.81 four stars
Simon Youth Foundation (IN) 86.68 three stars
The BISON Children's Scholarship Fund (NY) 94.28 four stars
Pardes Institute of Jewish Studies, North America (NY) 86.07 three stars
Daniel Murphy Scholarship Fund (IL) 89.28 three stars

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Charity Contact Info

Carson Scholars Fund
305 W. Chesapeake Avenue
Towson, MD 21204
tel: (410) 828-1005
fax: (410) 828-1007
EIN: 52-1851346

Visit Web Site

Board Leadership

Lee Warner
Chairman Of The Board

CEO

Amy Warner
Executive Director

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