Connecticut · Nonprofit
GREENWOODS SCHOLARSHIP FOUNDATION
GREENWOODS SCHOLARSHIP FOUNDATION (Connecticut) receives grants from 4 organizations whose IRS filings report $959,180 to it, the largest being NORTHWEST CONNECTICUT COMMUNITY FOUNDATION INC ($642,180). 3 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $399k
- Funders on record
- 4
- Grants received
- $959k
- Net assets
- $3.0M
What Greenwoods Scholarship Foundation does
Mission
Give scholarships for higher education to deserving students
As stated on its FY2025 Form 990.
Program
College scholarships to high school students, college students, and those returning to higher education. Individual scholarships based on need, achievement and course of study are given annually. Students apply for scholarships primarily promoted through word of mouth and high school guidance counselors.
$242,000 spentof which $242,000 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $242,000.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
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 $2.4M to $2.7M (+16%).
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.
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
2017 → 2023: the base held at 3 funders, grant income rose $101k → $111k.
1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 67% 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 GREENWOODS SCHOLARSHIP FOUNDATION’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
GREENWOODS SCHOLARSHIP FOUNDATION leans on a few funders — its largest provides 67% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
87% 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 GREENWOODS SCHOLARSHIP FOUNDATION.
Largest funder’s share by year: 2017 65% · 2018 78% · 2019 56% · 2020 66% · 2021 78% · 2022 68% · 2023 68% — growing more concentrated.
“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
67% of GREENWOODS SCHOLARSHIP FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $317k that is directly attributable, 100% of it comes from Connecticut funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $642k arriving through sponsors registered in 1 state 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.
Organizations like GREENWOODS SCHOLARSHIP FOUNDATION
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 Connecticut
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
96% of spending goes to programs.
Governance
Public support
59%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for GREENWOODS SCHOLARSHIP FOUNDATION: 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 GREENWOODS SCHOLARSHIP FOUNDATION?
- GREENWOODS SCHOLARSHIP FOUNDATION (Connecticut) receives grants from 4 organizations whose IRS filings report $959,180 to it, the largest being NORTHWEST CONNECTICUT COMMUNITY FOUNDATION INC ($642,180). 3 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does GREENWOODS SCHOLARSHIP FOUNDATION have?
- IRS filings report 4 organizations giving $959,180 in grants to GREENWOODS SCHOLARSHIP FOUNDATION, 3 of which have funded it in more than one year.
- Who is the largest funder of GREENWOODS SCHOLARSHIP FOUNDATION?
- NORTHWEST CONNECTICUT COMMUNITY FOUNDATION INC is the largest funder on record, with $642,180 in grants. The full list of funders is on this page.
- How can an organization like GREENWOODS SCHOLARSHIP FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. 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 Greenwoods Scholarship →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 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 14, 2026. What this page cannot tell you · view filing