Scholarship America Net Worth is155 Revenue in $mil
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Scholarship America is a Minnesota-based American philanthropic organization that assists communities, corporations, foundations and individuals with fundraising, managing and awarding scholarships to students. Scholarship America's two main divisions are Dollars for Scholars, a coalition of local scholarship organizations in communities across the United States, and Scholarship Management Services, which designs, administers and manages corporate and foundation scholarship programs.
Scholarship America also administers several special scholarship initiatives, including the Dreamkeepers Emergency Financial Aid program for community college students, and the Families of Freedom Scholarship Fund, which has to date distributed $36 million to dependents of those killed or disabled during the September 11, 2001 attacks, and will provide financial assistance to dependents in need through the 2030 academic year.
Dollars for Scholars was founded in 1958 by Dr. Irving Fradkin, an optometrist in Fall River, Massachusetts, and Scholarship America was officially chartered under the name "Citizens' Scholarship Foundation of America" on May 15, 1961. Scholarship America appointed Mim Schreck, former chair of its board, as interim president in July 2009 upon the resignation of Dr. Clifford L. Stanley, Major General, USMC (Retired).
In fiscal year 2007, Scholarship America distributed a total of $207 million to 114,000 students through its programs. (Scholarship America Annual Report, 2007).
Dollars for Scholars, the initial program that would become Scholarship America, was originally conceived by Dr. Irving Fradkin during a campaign for the Fall River, MA, school board in 1957, as a way of ensuring that community members could contribute to a city-wide scholarship fund through small donations. Fradkin lost the election, but began fundraising for Dollars for Scholars, starting the Fall River chapter in 1958.
Dollars for Scholars incorporated as a 501(c)(3) organiza

Scholarship America Latest News

New Miss America is North Dakota's first winner of pageant

The newly crowned Miss America is the first winner from North Dakota in the history of the nearly century-old scholarship pageant. The Bismarck Tribune reports that 23-year-old Cara Mund is preparing for a year of traveling throughout the country after ...
Posted: September 13, 2017, 9:55 am

Scholarship America® Designates $200,000 in Financial Aid to Assist Students in Texas and Louisiana

Grants will be awarded to post-secondary institutions in impacted areas in Texas and Louisiana. Schools will then disburse funds to students experiencing financial hardship to help with tuition, fees, books and supplies, room and board or other education ...
Posted: September 11, 2017, 8:58 am

Scholarship America® Designates $200,000 in Financial Aid to Ass - WAFB 9 News Baton Rouge, Louisiana News, Weather, Sports

MINNEAPOLIS, Sept. 11, 2017 /PRNewswire-USNewswire/ -- Scholarship America, the nation's largest nonprofit, private sector scholarship organization, will donate $200,000 to help college students affected by Hurricane Harvey. Grants will be awarded to ...
Posted: September 10, 2017, 5:00 pm

Hometown 'giddy' for North Dakota's first Miss America

North Dakota has sent contestants to the Miss America pageant for 70 years, and no one had ever made it to the top five, said SuAnn Olson, a board member for the Miss North Dakota Scholarship Organization. Three North Dakotans have made it to the top 10 ...
Posted: September 12, 2017, 10:33 am

Scholarship America® Designates $200,000 in Financial Aid to Ass - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

MINNEAPOLIS, Sept. 11, 2017 /PRNewswire-USNewswire/ -- Scholarship America, the nation's largest nonprofit, private sector scholarship organization, will donate $200,000 to help college students affected by Hurricane Harvey. Grants will be awarded to ...
Posted: September 10, 2017, 5:00 pm
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