Independent College Fund of Maryland Inc.
Independent College Fund of Maryland Inc.
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About this organization
Mission
To provide college access, choice and opportunities by raising funds, principally from businesses and foundations, to provide scholarships and grants to students attending I-Fund member institutions.
About
The National Security Scholars Program, currently the only program of its kind nationally, completed its twentieth year in June 2019. The fund provides the industry alliance access to a highly talented pool of candidates who are interested in pursuing a career in intelligence. Benefits to scholars include up to a $15,000 scholarship, assistance with processing for a national security clearance, paid internship opportunities with a program supporter, and opportunity for full time employment. The program's twentieth year culminated with the following results: $3.76 million in cumulative scholarship support; 335 plus students receiving scholarships; 323 plus students receiving paid internship opportunities; and a 90% hire and retention rate into the industry alliance.
Interesting data from their 2020 990 filing
According to the filing documents, the non-profit's mission is defined as “The mission of the i-fund is to provide college access, choice and opportunities by raising funds, principally from businesses and foundations, to provide scholarships and grants to students attending i-fund member institutions. the i-fund strives to expand educational opportunities to diversify leadership in the civic, corporate, and political communities; to strengthen the democratic process by preparing people to reason and discern truth; and to enrich the learning environment by providing support for new programs, technologies and other resources. the i-fund's programs include unrestricted support, a pooled scholarship fund, named scholarships, designated scholarships, and a national security scholars fund.”.
When referring to its tasks, they were referred to as: “To provide college access, choice and opportunities by raising funds, principally from businesses and foundations, to provide scholarships and grants to students attending i-fund member institutions.”.
- The non-profit's state of operation has been legally reported as MD.
- According to the latest filing, the non-profit's address in 2020 is 140 SOUTH STREET, ANNAPOLIS, MD, 21401.
- The total number of employees reported by the non-profit on their form for 2020 is 0.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$51,277.
- The organization has 3 independent voting members.
- The organization was formed in 1953.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.