Minnesota · Nonprofit
SCHOLARSHIP AMERICA INC
SCHOLARSHIP AMERICA INC (Minnesota) receives grants from 179 organizations whose IRS filings report $159,274,977 to it, the largest being BURGER KING FOUNDATION INC ($21,954,185). 104 of them have funded it in more than one year.
- Revenue FY2025
- $260M
- Funders on record
- 179
- Grants received
- $159M
- Net assets
- $145M
What Scholarship America Inc does
Mission
See schedule oscholarship america is dedicated to removing financial barriers so every student has the opportunity to pursue their dreams. Our mission focuses on providing equitable pathways to education and training, especially for those with financial need. By partnering with generous donors and sponsors, we work to ensure outstanding students can access the resources they need to succeed. In our over 60 years of history, we have managed to administer and award $6 billion in scholarships to more than 3.5 million deserving students on the pathway to education.
As stated on its FY2025 Form 990.
Programs
Scholarship america (program management) is the leading private education assistance service provider in the country, helping corporations, foundations and individuals design and administer scholarship and related educational assistance programs.
$238,954,234 spentof which $227,632,801 as grants$15,278,384 earned by the program100% of program spendingDollars for scholars is a national network of 424 community-based, volunteer-driven affiliated organizations that raise funds and provide scholarships and educational support to local students in communities across the country.
$400,903 spent$312,600 earned by the program0% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $239,355,137.
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. 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 $172M to $194M (+13%).
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.
Government-grant reliance: 2021 1%. Grants only. Government contracts and fees sit inside program revenue.
91% of SCHOLARSHIP AMERICA INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 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.
Chief executive
Michael Nylund
President and CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 50 funders to 65 funders, grant income rose $13M → $20M.
73 of 179 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% 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 SCHOLARSHIP AMERICA INC’s funders (the co-funder graph). Top 30 of 179 funders by total. 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
SCHOLARSHIP AMERICA INC has a broad base — no single funder exceeds 14% of grant income, and it takes 9 funders to reach half.
the vertical line marks half of all grant income — 9 funders to its left
76% 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 SCHOLARSHIP AMERICA INC.
Largest funder’s share by year: 2017 27% · 2018 26% · 2019 12% · 2020 18% · 2021 20% · 2022 20% · 2023 16% — 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.
How long its funders stay
44% of SCHOLARSHIP AMERICA INC's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
SCHOLARSHIP AMERICA INC draws 92% of its grant income from funders outside Minnesota, across 28 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $74M arriving through sponsors registered in 26 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
SCHOLARSHIP AMERICA INC's funding base is broadening — from 50 funders to 65 as grant income climbed.
this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025
Government funding SCHOLARSHIP AMERICA INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.1M on record.
- Department of Education$5.1M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like SCHOLARSHIP AMERICA 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 Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Public support
82%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 42 states
Screen this organization
A dated, signed PDF of the compliance screen for SCHOLARSHIP AMERICA 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 SCHOLARSHIP AMERICA INC?
- SCHOLARSHIP AMERICA INC (Minnesota) receives grants from 179 organizations whose IRS filings report $159,274,977 to it, the largest being BURGER KING FOUNDATION INC ($21,954,185). 104 of them have funded it in more than one year.
- How many funders does SCHOLARSHIP AMERICA INC have?
- IRS filings report 179 organizations giving $159,274,977 in grants to SCHOLARSHIP AMERICA INC, 104 of which have funded it in more than one year.
- Who is the largest funder of SCHOLARSHIP AMERICA INC?
- BURGER KING FOUNDATION INC is the largest funder on record, with $21,954,185 in grants. The full list of funders is on this page.
- How can an organization like SCHOLARSHIP AMERICA INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 Scholarship America →
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 179 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