Massachusetts · Nonprofit
Funderburg Scholars Inc
Funderburg Scholars Inc (Massachusetts) receives grants from 7 organizations whose IRS filings report $745,367 to it, the largest being THE HERSHEY FAMILY FOUNDATION CHOATE HALL & STEWART LLP C CASEY ($350,000). 5 of them have funded it in more than one year.
- Revenue FY2026
- $508k
- Funders on record
- 7
- Grants received
- $745k
- Net assets
- $473k
What Funderburg Scholars Inc does
Mission
Funderburg Scholars is an all-volunteer organization that helps inner-city youth attend college by providing tuition scholarships, student loan repayment assistance, textbooks, computers, and related educational support.
As stated on its FY2026 Form 990.
Programs
Provided tuition scholarships and student loan repayment assistance to students in need to help them attend and complete college.
$392,422 spentof which $392,422 as grants97% of program spendingPurchased textbooks, computers, and related educational materials for students in need.
$12,147 spentof which $12,147 as grants3% of program spending
The 2 programs described on its FY2026 Form 990, listed largest first by expense. Program spending in total: $404,569.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $370k to $531k (+43%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of Funderburg Scholars Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $26k → $145k.
3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Funderburg Scholars Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Funderburg Scholars Inc leans on a few funders — its largest provides 47% of grant income and the top three 89%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
32% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Funderburg Scholars Inc.
Largest funder’s share by year: 2019 100% · 2020 61% · 2021 64% · 2022 50% · 2023 52% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
93% of Funderburg Scholars Inc's grant income comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $240k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Funderburg Scholars Inc holds deeper cash reserves than three-quarters of the 1,238 education nonprofits its size.
this organization peer median middle 50% of peers· 1,238 education nonprofits $100k–$1M, FY2026
Organizations like Funderburg Scholars Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
99% of spending goes to programs.
Governance
Public support
83%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Funderburg Scholars Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Funderburg Scholars Inc?
- Funderburg Scholars Inc (Massachusetts) receives grants from 7 organizations whose IRS filings report $745,367 to it, the largest being THE HERSHEY FAMILY FOUNDATION CHOATE HALL & STEWART LLP C CASEY ($350,000). 5 of them have funded it in more than one year.
- How many funders does Funderburg Scholars Inc have?
- IRS filings report 7 organizations giving $745,367 in grants to Funderburg Scholars Inc, 5 of which have funded it in more than one year.
- Who is the largest funder of Funderburg Scholars Inc?
- THE HERSHEY FAMILY FOUNDATION CHOATE HALL & STEWART LLP C CASEY is the largest funder on record, with $350,000 in grants. The full list of funders is on this page.
- How can an organization like Funderburg Scholars Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Funderburg Scholars →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2018–2026), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing