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Nonprofiteer
← SCHOLAR FUND

Form 990 for tax year 2023

Filed by SCHOLAR FUND.

Totals

Total revenue
$45,276,999
Total expenses
$45,725,910
Contributions and grants received
$547,719
Grants paid
$39,151,442
Program service revenue
$44,724,568
Investment income
$4,712
Other revenue
$0
Total assets, end of year
$5,238,927
Total liabilities, end of year
$2,595,324
Net assets or fund balances, end of year
$2,643,603
Program services expenses (Part IX)
$43,048,483
Management and general expenses
$2,673,844
Fundraising expenses
$3,583
Program service expenses (Part III)
$43,048,483

Program services were 94.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • David Coven

    CEO

    Total calculated
    $270,400
    From this org
    $270,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $270,400
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $270,400

  • Brent Schroeter

    Director of Engineering

    Total calculated
    $195,011
    From this org
    $195,011
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,011
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $195,011

  • Malachi Williams

    Director of Operations

    Total calculated
    $175,160
    From this org
    $175,160
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $175,160
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $175,160

  • Mayzie Meng

    Senior Software Engineer

    Total calculated
    $159,519
    From this org
    $159,519
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,519
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $159,519

  • Maria Alejandra Perez Guzman

    Director of Education Strategy

    Total calculated
    $136,021
    From this org
    $136,021
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Princess Shareef

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Eileen Robison

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Ana M Cauce

    Director

    Total calculated
    $0
    Hours/week
    1

  • Paul Gentsch

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Rachel Lauter

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
31 July 2025
IRS schema version
2023v6.0
Source object
202522129349300917

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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