SPENCER EDUCATIONAL FOUNDATION INC
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The Spencer Educational Foundation Inc is a 501(c)(3) grantmaking organization that focuses primarily on funding initiatives in New York, Pennsylvania, and Texas. The foundation operates on a relationship-based, invitation-only model and does not accept unsolicited proposals. Nonprofits interested in engaging with the foundation can explore warm-introduction pathways through Impala's Funder Prospecting.
Mission Statement
SPENCER EDUCATIONAL FOUNDATION, INC.'S ("THE FOUNDATION") MISSION IS TO FUND THE EDUCATION OF TOMORROW'S RISK MANAGEMENT AND INSURANCE INDUSTRY LEADERS. SINCE ITS FOUNDING IN 1980, SPENCER HAS AWARDED NEARLY $10.2 MILLION IN SCHOLARSHIPS TO STUDENTS STUDYING RISK MANAGEMENT AND INSURANCE. SPENCER HAS DIRECTLY IMPACTED AN ESTIMATED 110,000 STUDENTS THROUGH ITS PROGRAMMING.
Cause Areas
3
Education
Insurance
Scholarships & Financial Aid
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See top causes for this funder's grantees, who else funds them, and their grants.
Grantee
Total Funding
Funding Share
RISK AND INSURANCE MANAGEMENT SOCIETY INC
$567.5K
12%
Temple University - Of The Commonwealth System of Higher Education
$409.1K
8%
SAINT JOSEPH'S UNIVERSITY
$275K
6%
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Total No. of Grants
71
Median 1st year grant
$13.1K
Median 2nd year grant
$14.7K
Top 3 Grants
Matched grants only
Grantee
Grant Size
Frequently Asked Questions
Can I submit an unsolicited grant proposal to SPENCER EDUCATIONAL FOUNDATION INC?
No. SPENCER EDUCATIONAL FOUNDATION INC does not accept unsolicited proposals. Funding is by invitation only.
Where does SPENCER EDUCATIONAL FOUNDATION INC give?
SPENCER EDUCATIONAL FOUNDATION INC primarily gives to organizations located in New York, Pennsylvania, and Texas. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are SPENCER EDUCATIONAL FOUNDATION INC’s grants?
The largest share of grants from SPENCER EDUCATIONAL FOUNDATION INC fall in the $5,000 to $25 thousand range. The median first-year grant is about $13 thousand. More detailed grant size data is available to registered users.
How many grants does SPENCER EDUCATIONAL FOUNDATION INC make each year?
In 2024, SPENCER EDUCATIONAL FOUNDATION INC awarded about 70 grants, totaling nearly $955 thousand. More detailed grant metrics are available to registered users.
Who did SPENCER EDUCATIONAL FOUNDATION INC fund recently?
In 2024, SPENCER EDUCATIONAL FOUNDATION INC awarded grants to about 80 grantees. Recent grantees include RISK AND INSURANCE MANAGEMENT SOCIETY INC, Temple University - Of The Commonwealth System of Higher Education, and SAINT JOSEPH'S UNIVERSITY. More detailed information on all recent recipients is available to registered users.
How do we apply to SPENCER EDUCATIONAL FOUNDATION INC?
SPENCER EDUCATIONAL FOUNDATION INC does not accept unsolicited proposals. Funding is by invitation only.