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SCHOLARSHIP FOUNDATION OF INDIAN RIVER COUNTY INC

EIN 59-6192598 VERO BEACH, FL

Browse the largest nonprofits in Florida

Revenue 2025
$2,028,029
Expenses 2025
$907,476

Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
1000
Street
PO BOX 1820

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

SCHOLARSHIP FOUNDATION OF IRC PROVIDES HOPE, ENCOURAGEMENT AND NEED-BASED SCHOLARSHIPS TO INDIAN RIVER COUNTY STUDENTS WITH THE DESIRE AND ABILITY TO SUCCEED IN POST-SECONDARY EDUCATION.

  • SCHOLARSHIP FOUNDATION AWARDS MULTI-YEAR SCHOLARSHIPS THAT ARE RENEWABLE IF RECIPIENTS MEET ACADEMIC AND PAPERWORK REQUIREMENTS. IN 2025, WE PAID $667,224 IN AWARDS, RANGING FROM $1,000 TO $7,500 TO 139 NEW AND RETURNING STUDENTS.WE MADE NEW AWARDS TOTALING $798,800 TO THE 47 RECIPIENTS IN THE CLASS OF 2025.

    Expenses $764,210 · Grants $667,224

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Scott Schwartz

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Elizabeth Sorensen

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Mary Johnston

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Susan Chenault

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Jonathan Sternberg

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Joan Cook

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ann Bixel Wald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Gaye Ludwig

    DIRECTOR

    Total calculated
    $0
    Hours/week
    20

  • William Cardamone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Savannah Unruh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $2,028,029
    Expenses
    $907,476
    Contributions
    $625,199
    Grants paid
    $667,224
  • 2024
    Revenue
    $1,234,668
    Expenses
    $799,629
    Contributions
    $682,960
    Grants paid
    $572,778
  • 2023
    Revenue
    $1,744,803
    Expenses
    $782,452
    Contributions
    $696,240
    Grants paid
    $559,072
  • 2022
    Revenue
    $1,131,720
    Expenses
    $705,233
    Contributions
    $633,252
    Grants paid
    $492,849

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $1,627,778
    Expenses
    $669,301
    Assets (EOY)
    $13,279,874

  • 2020 · 990

    Revenue
    $854,222
    Expenses
    $696,019
    Assets (EOY)
    $11,997,016

  • 2019 · 990

    Revenue
    $1,482,477
    Expenses
    $709,195
    Assets (EOY)
    $11,399,907

  • 2018 · 990

    Revenue
    $693,564
    Expenses
    $773,523
    Assets (EOY)
    $9,392,745

  • 2017 · 990

    Revenue
    $835,075
    Expenses
    $759,992
    Assets (EOY)
    $10,470,120

  • 2016 · 990

    Revenue
    $713,659
    Expenses
    $617,244
    Assets (EOY)
    $9,345,639

  • 2015 · 990

    Revenue
    $1,777,773
    Expenses
    $596,033
    Assets (EOY)
    $8,917,614

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 11 November 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.