Overview

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Est.

1994

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CARSON SCHOLARS FUND INC is a nonprofit focused on scholarships and financial aid, serving two educational initiatives: the Carson Scholars Program, which awards $1,000 college scholarships to high-achieving students in grades 4–11 who also complete community service, and the Ben Carson Reading Project, which creates safe havens for independent reading. In filing year 2025, it reported an operating budget of $1.8M and total revenue of $2.6M, with major funders including THE KAHLERT FOUNDATION INC, Highmark Health, and ADVOCATE HEALTH AND HOSPITALS CORP.

Mission Statement

THE CARSON SCHOLARS FUND SERVES TWO EDUCATIONAL INITIATIVES. THE CARSON SCHOLARS PROGRAM RECOGNIZES AND REWARDS STUDENTS IN GRADES 4-11 WHO HAVE EARNED THE HIGHEST LEVEL OF ACADEMIC ACHIEVEMENT AND DEVOTED THEIR TIME TO COMMUNITY SERVICE BY PROVIDING THEM WITH $1,000 COLLEGE SCHOLARSHIPS. THE BEN CARSON READING PROJECT CREATES SAFE HAVENS WHERE CHILDREN CAN DISCOVER THE JOY OF INDEPENDENT, LEISURE READING.
Revenues
$2.6M
Expenses
$2.6M
Net Income:
+$30.1K
Assets
$17.3M
Liabilities
$3.9M
Net Assets:
+$13.4M
Operating Budget
$1.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
20
Median grant size
$14K
Largest grant received
$100K
K
Katie Coleman
Board Member
C
Candy Carson
Board Member
L
Lee Warner
Board Member
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  • 87 funders
  • 69 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is CARSON SCHOLARS FUND INC’s budget?
In 2025, CARSON SCHOLARS FUND INC reported an annual operating budget of around $1.8 million. More detailed financial information is available to registered users.
What causes does CARSON SCHOLARS FUND INC support?
CARSON SCHOLARS FUND INC supports work in Scholarships & Financial Aid.
Where does CARSON SCHOLARS FUND INC operate?
CARSON SCHOLARS FUND INC is headquartered in Towson, MD.
Who funded CARSON SCHOLARS FUND INC recently?
In 2025, CARSON SCHOLARS FUND INC received grants from GREATER WASHINGTON COMMUNITY FOUNDATION, THE KAHLERT FOUNDATION INC, and LOUIS & PHYLLIS FRIEDMAN FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant CARSON SCHOLARS FUND INC received in 2024?
The largest grant to CARSON SCHOLARS FUND INC in 2024 exceeds $100 thousand.