THE PRIMARY EXEMPT PURPOSE OF THE ASSOCIATION IS TWO FOLD: (1) TO PROVIDE SCHOLARSHIP ASSISTANCE TO HELP PROMISING HIGH SCHOOL STUDENTS (WHO FIT THE HORATIO ALGER PROFILE) ATTEND COLLEGE, AND (2) TO SPREAD THE MESSAGE THAT AMERICA'S FREE ENTERPRISE SYSTEM PROVIDES THE GREATEST OPPORTUNITIES IN THE WORLD FOR PERSONAL ACHIEVEMENT AND SUCCESS.
| Year | Grants | Total Giving | Avg Grant | New | Repeat |
|---|---|---|---|---|---|
| 2023 | 2 | $111K | $55K | 1 | 1 |
| 2022 | 2 | $373K | $187K | 1 | 1 |
| 2020 | 4 | $288K | $72K | 1 | 3 |
| 2018 | 6 | $711K | $119K | 6 | 0 |
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024 | $30,407,277 ↓ | $34,027,086 | $12,964,647 |
| 2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023 | $31,058,997 ↑ | $29,715,341 | $16,678,132 |
| 2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022 | $22,420,571 ↓ | $27,233,966 | $14,465,066 |
| 2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020 | $27,092,429 ↓ | $21,519,354 | $24,277,525 |
| 2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019 | $29,843,129 ↓ | $31,576,746 | $21,667,118 |
| 2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018 | $34,599,955 | $27,988,760 | $25,900,662 |
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