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Education : Scholarship and Financial Support

Marine Corps Scholarship Foundation

Honoring Marines by educating their children

three stars

85.05

909 N Washington Street Suite 400
Alexandria, VA 22314
tel: (703) 549-0060   Web Site
EIN: 22-1905062

Board Leadership
LtGen George J. Trautman, III
Chairman

CEO
Margaret B. Davis
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 85.05 three stars
  Financial 79.25 two stars
  Accountability & Transparency 96.00 four stars
This rating was published 03/01/2017 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

two stars

79.25

Accountability & Transparency

four stars

96.00

This rating was published 03/01/2017 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)
62.7%
  Administrative Expenses 13.3%
  Fundraising Expenses 23.8%
  Fundraising Efficiency $0.14
  Working Capital Ratio (years) 2.95
  Program Expenses Growth 5.6%
  Liabilities to Assets 3.7%
All data for Financial Performance Metrics calculations was provided by Marine Corps Scholarship Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Marine Corps Scholarship Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Marine Corps Scholarship Foundation (VA) 85.05 three stars
Evans Scholars Foundation (IL) 91.14 four stars
Thanks USA (VA) 88.30 three stars
Daniel Murphy Scholarship Fund (IL) 89.28 three stars
The Lyford Cay Foundation (NY) 85.41 three stars

Compare These Charities (Highly Rated)

Established in 1962, the Marine Corps Scholarship Foundation (MCSF) provides financial assistance in the form of scholarships for higher education to deserving sons and daughters of Marines and children of former Marines, with particular attention being given to children whose parent was killed or wounded in action. We are proud of our long history and commitment: Since 1962, we have awarded more than 37,000 scholarships and bonds totaling more than $105 million, including over $7 million to more than 2,300 scholarship recipients in 2016.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $12,408,741
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $19,477,307
   Related Organizations $0
   Government Grants $0
Total Contributions $31,886,048
   Program Service Revenue $0
Total Primary Revenue $31,886,048
   Other Revenue $-1,075,595
TOTAL REVENUE $30,810,453
   
EXPENSES  
   Program Expenses $9,135,000
   Administrative Expenses $1,723,128
   Fundraising Expenses $4,023,110
TOTAL FUNCTIONAL EXPENSES $14,881,238
   
Payments to Affiliates $0
Excess (or Deficit) for the year $15,929,215
   
Net Assets $79,334,008

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
Need-based Scholarships for Military Children $9,135,000 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 03/01/2017 85.05 three stars
2014-12 06/01/2016 83.95 three stars
 
CN 2.0
2014-12 12/22/2015 88.75 three stars
2013-12 04/01/2015 88.87 three stars
2012-12 12/01/2013 88.16 three stars
2011-12 03/01/2013 85.39 three stars
2010-12 04/01/2012 90.15 four stars
2009-12 09/20/2011 79.23 two stars
 
CN 1.0
2009-12 02/01/2011 70.91 two stars
2008-12 06/01/2010 86.50 three stars
2007-12 05/01/2009 86.53 three stars
2006-12 02/01/2008 91.92 four stars
2005-12 12/15/2006 82.83 three stars
2004-12 01/01/2006 93.68 four stars
2003-12 10/01/2004 87.76 three stars
2002-12 12/01/2003 88.48 three stars
2001-12 03/28/2003 89.81 three 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 22-1905062
Name in IRS Master File MARINE CORPS SCHOLARSHIP FOUNDATION INC
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable 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]
Ruling Date April, 1995
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 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
$354,709 2.38% Margaret B. Davis President, CEO

Established in 1962, the Marine Corps Scholarship Foundation (MCSF) provides financial assistance in the form of scholarships for higher education to deserving sons and daughters of Marines and children of former Marines, with particular attention being given to children whose parent was killed or wounded in action. We are proud of our long history and commitment: Since 1962, we have awarded more than 37,000 scholarships and bonds totaling more than $105 million, including over $7 million to more than 2,300 scholarship recipients in 2016.

Highly Rated

Charity Name & State Overall Score Overall Rating
Marine Corps Scholarship Foundation (VA) 85.05 three stars
American Indian Services (UT) 88.04 three stars
Southern Scholarship Foundation (FL) 87.00 three stars
Point Foundation (CA) 94.42 four stars
Evans Scholars Foundation (IL) 91.14 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Marine Corps Scholarship Foundation
909 N Washington Street
Suite 400
Alexandria, VA 22314
tel: (703) 549-0060
fax: (703) 549-9474
EIN: 22-1905062

Visit Web Site

Board Leadership

LtGen George J. Trautman, III
Chairman

CEO

Margaret B. Davis
President, CEO

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