SPENCER EDUCATIONAL FOUNDATION INC
AI Summary
SPENCER EDUCATIONAL FOUNDATION INC is a 501(c)(3) grantmaker that reported $955.4K in grants paid to 35 grantees in filing year 2024. It does not accept unsolicited proposals and makes grants by invitation only; nonprofits can explore warm-introduction pathways via 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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Explore this org's ecosystem
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
New York, NY
$567.5K
12%
Temple University - Of The Commonwealth System of Higher Education
Philadelphia, PA
$409.1K
8%
SAINT JOSEPH'S UNIVERSITY
PHILADELPHIA, PA
$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
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- 76 grantees
- 106 board & team members
- 10 historic 990s & financials
- 6-year operating budget trend
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.