Massachusetts · Nonprofit
THE FRANCIS OUIMET SCHOLARSHIP FUND INC
THE FRANCIS OUIMET SCHOLARSHIP FUND INC (Massachusetts) receives grants from 152 organizations whose IRS filings report $6,128,508 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,718,311). 75 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2026
- $7.8M
- Funders on record
- 152
- Grants received
- $6.1M
- Net assets
- $36M
What The Francis Ouimet Scholarship Fund Inc does
Mission
The ouimet fund's purpose is to help deserving young men and women, who have worked at golf courses in massachusetts, fund their post-secondary education. We provide need-based college and trade school scholarships, which are renewable for four years, with some students receiving as much as $80,000.since 1949, the fund has awarded $57 million in need-based scholarships to nearly 7,000 deserving men and women across the state. Ouimet scholars excel in the classroom, graduating at a 91% rate and achieving a 3.5 collective gpa.the ouimet fund is the largest independent scholarship fund in new england, and works to enhance the legacy of mr. Ouimet by growing the scholarship fund he loved so dearly.
As stated on its FY2026 Form 990.
Program
The francis ouimet scholarship fund awards millions in need-based college and trade school scholarships each year to deserving young men and women who have worked at massachusetts golf courses for two or more years.2025-2026 scholarship profile 317 individuals receiving financial awards (average of $10,525)218 "honorary" scholars receiving monetary "book award" ($750)159 colleges attended by scholars127 clubs represented by scholars93 female scholars80 inner-city scholarsscholars' golf employment: 48% caddies 46% pro shop 6% course superintendent
$4,232,837 spentof which $3,672,097 as grants100% of program spending
The program described on its FY2026 Form 990. Program spending in total: $4,232,837.
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 2020 to 2021, from $19M to $25M (+33%).
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.
87% of THE FRANCIS OUIMET SCHOLARSHIP FUND INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 10 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
Mr Colin R Mcguire
Executive director
Board chair
Ms Marie E Chalmers
Director, scholarship chair, exec. Comm.
As listed on its FY2026 Form 990.
The chief executive listed changed between the FY2019 and FY2020 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 19 funders to 48 funders, grant income rose $294k → $863k.
21 of 152 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 68% 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 THE FRANCIS OUIMET SCHOLARSHIP FUND INC’s funders (the co-funder graph). Top 30 of 152 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
THE FRANCIS OUIMET SCHOLARSHIP FUND INC leans on a few funders — its largest provides 44% of grant income and the top three 57%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
81% 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 THE FRANCIS OUIMET SCHOLARSHIP FUND INC.
Largest funder’s share by year: 2017 45% · 2018 36% · 2019 44% · 2020 43% · 2021 52% · 2022 36% · 2023 32% — 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
28% of THE FRANCIS OUIMET SCHOLARSHIP FUND INC's funders are still giving 3 years after their first grant; 49% 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
68% of THE FRANCIS OUIMET SCHOLARSHIP FUND INC'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 $2.0M that is directly attributable, 64% of it comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $4.1M arriving through sponsors registered in 13 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
THE FRANCIS OUIMET SCHOLARSHIP FUND INC runs a healthier operating margin than three-quarters of the 204 education nonprofits its size.
this organization peer median middle 50% of peers· 204 education nonprofits $1M–$10M, FY2026
Organizations like THE FRANCIS OUIMET SCHOLARSHIP FUND 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
71% of spending goes to programs.
Governance
Public support
90%
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 THE FRANCIS OUIMET SCHOLARSHIP FUND 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 THE FRANCIS OUIMET SCHOLARSHIP FUND INC?
- THE FRANCIS OUIMET SCHOLARSHIP FUND INC (Massachusetts) receives grants from 152 organizations whose IRS filings report $6,128,508 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,718,311). 75 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE FRANCIS OUIMET SCHOLARSHIP FUND INC have?
- IRS filings report 152 organizations giving $6,128,508 in grants to THE FRANCIS OUIMET SCHOLARSHIP FUND INC, 75 of which have funded it in more than one year.
- Who is the largest funder of THE FRANCIS OUIMET SCHOLARSHIP FUND INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $2,718,311 in grants. The full list of funders is on this page.
- How can an organization like THE FRANCIS OUIMET SCHOLARSHIP FUND 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 Francis Ouimet Scholarship →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2017–2026), and the filings of 152 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