Nonprofit · EIN 22-1905062
MARINE CORPS SCHOLARSHIP FOUNDATION INC
Tax-exempt · ALEXANDRIA, VA 22314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $39,359,324 | $22,193,571 | $17,165,753 | $194,122,792 | $15,641,116 | $178,481,676 |
| June 30, 2024 | 990 | $21,252,889 | $21,002,017 | $250,872 | $176,766,473 | $15,469,356 | $161,297,117 |
| June 30, 2023 | 990 | $22,373,801 | $19,178,181 | $3,195,620 | $160,956,122 | $13,631,574 | $147,324,548 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $24,454,856
- Program service revenue
- $0
- Investment income
- $15,733,174
- Net gain from sales of assets
- $9,628,519
- Net income from fundraising events
- -$850,274
- Net income from gaming
- $21,061
- Other revenue
- -$828,706
Expenses
- Grants and similar amounts paid
- $11,695,398
- Compensation of officers, directors and key employees
- $909,586
- Other salaries and wages
- $3,195,670
- Salaries, compensation and benefits (total)
- $4,724,954
- Professional fundraising fees
- $459,500
- Accounting fees
- $92,670
- Occupancy
- $199,717
- Travel
- $246,673
- Depreciation
- $24,561
- Program services (functional)
- $14,120,233
- Management and general (functional)
- $2,930,702
- Fundraising (functional)
- $5,142,636
Balance sheet and other
- Total assets, start of year
- $176,766,473
- Total assets, end of year
- $194,122,792
- Total liabilities, end of year
- $15,641,116
- Net assets, end of year
- $178,481,676
- Land, buildings and equipment
- $245,576
- Publicly traded securities
- $158,432,730
- Net assets without donor restrictions
- $48,724,721
- Net assets with donor restrictions
- $129,756,955
- Gross receipts
- $97,425,280
- Employees
- 37
- Volunteers
- 279
- Year formed
- 1962
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EDWARD PROBERT | PRESIDENT AND CEO Trustee or director, Officer | 37.5 | $359,628 | $21,993 |
| SARAH TONIZZO | CHIEF FINANCIAL OFFICER Officer | 37.5 | $239,650 | $28,501 |
| HAROLD VAN OPDORP | CHIEF OPERATING OFFICER Officer | 37.5 | $232,654 | $12,593 |
| COURTNEY BALSON | CHIEF ADVANCEMENT OFFICER Highest-paid employee | 37.5 | $213,603 | $26,877 |
| JEANNA ADAMS | CHIEF SCHOLARSHIP OFFICER Highest-paid employee | 37.5 | $207,768 | $20,614 |
| KEITH H MOORE DIRECTOR OF | PHILANTHROPY, NATIONAL EVENTS Highest-paid employee | 37.5 | $146,938 | $17,161 |
| RENEE K LAFLAM | DIRECTOR OF NATIONAL EVENTS Highest-paid employee | 37.5 | $137,922 | $16,498 |
| DANA M MILLS | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 37.5 | $132,684 | $16,386 |
| ROBERT B NELLER | CHAIR Trustee or director | 1 | $0 | $0 |
| ERIC J CANDELORI | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| MATTHEW GANTZ | TREASURER - AS OF 10/2024 Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD D STEPHENS | TREASURER - UNTIL 10/2024 Trustee or director, Officer | 1 | $0 | $0 |
| STEVEN M POST | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $0 |
| MICHEAL BARRETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH F BOULOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
24 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CASSIE BROEMMER | DIRECTOR Trustee or director | 1 | $0 |
| MIGUEL EATON | DIRECTOR - UNTIL 10/2024 Trustee or director | 1 | $0 |
| KAREEM EL | DIRECTOR Trustee or director | 1 | $0 |
| STEVE FUSCO | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER HAZELTON | DIRECTOR Trustee or director | 1 | $0 |
| DAN HENDERSON | DIRECTOR Trustee or director | 1 | $0 |
| KEITH M JONES | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT E JOYCE JR | DIRECTOR Trustee or director | 1 | $0 |
| MARGARET G KIBBEN | DIRECTOR Trustee or director | 1 | $0 |
| KENNETH KORNGIEBEL | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT LARUE | DIRECTOR Trustee or director | 1 | $0 |
| FRANK D MARTELL | DIRECTOR Trustee or director | 1 | $0 |
| PETER MCCALLUM | DIRECTOR - UNTIL 10/2024 Trustee or director | 1 | $0 |
| DAN NELSON | DIRECTOR - UNTIL 10/2024 Trustee or director | 1 | $0 |
| PETER PACE | DIRECTOR Trustee or director | 1 | $0 |
| MELISSA D PALMISCIANO | DIRECTOR - UNTIL 10/2024 Trustee or director | 1 | $0 |
| GREG PARSONS | DIRECTOR Trustee or director | 1 | $0 |
| PAUL POHL | DIRECTOR Trustee or director | 1 | $0 |
| LORI REYNOLDS | DIRECTOR Trustee or director | 1 | $0 |
| HARVEY SEEGERS | DIRECTOR Trustee or director | 1 | $0 |
| LINDA SILVER | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE SMITH | DIRECTOR Trustee or director | 1 | $0 |
| HENRY STOEVER | DIRECTOR Trustee or director | 1 | $0 |
| CATHERINE THOMAS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 40 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EDWARD PROBERT | PRESIDENT AND CEO Trustee or director, Officer | 37.5 | $332,236 | $20,628 |
| SARAH TONIZZO | CHIEF FINANCIAL OFFICER Officer | 37.5 | $215,462 | $22,148 |
| HAROLD VAN OPDORP | CHIEF OPERATING OFFICER Officer | 37.5 | $213,923 | $11,656 |
| COURTNEY BALSON | CHIEF ADVANCEMENT OFFICER Highest-paid employee | 37.5 | $177,368 | $24,118 |
| JEANNA ADAMS | CHIEF SCHOLARSHIP OFFICER Highest-paid employee | 37.5 | $180,196 | $18,638 |
| KEITH H MOORE | DIRECTOR OF DEVELOPMENT Highest-paid employee | 37.5 | $142,604 | $16,392 |
| RENEE K LAFLAM | DIRECTOR OF NATIONAL EVENTS Highest-paid employee | 37.5 | $133,384 | $15,716 |
| DANA M MILLS | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 37.5 | $126,550 | $15,511 |
| ROBERT B NELLER | CHAIR Trustee or director | 1 | $0 | $0 |
| ERIC J CANDELORI | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| RICHARD D STEPHENS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| STEVEN M POST | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $0 |
| MICHEAL BARRETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES F BOLDEN JR | DIRECTOR - UNTIL 10/2023 Trustee or director | 1 | $0 | $0 |
| JOSEPH F BOULOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CASSIE BROEMMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIGUEL EATON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREEM EL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE J FLYNN | DIRECTOR - UNTIL 10/2023 Trustee or director | 1 | $0 | $0 |
| STEVE FUSCO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW GANTZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER HAZELTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN HENDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEITH M JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT E JOYCE JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL KENNEDY | DIRECTOR - UNTIL 10/2023 Trustee or director | 1 | $0 | $0 |
| MARGARET G KIBBEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT LARUE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK D MARTELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER MCCALLUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN NELSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER PACE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELISSA D PALMISCIANO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG PARSONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL POHL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LORI REYNOLDS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT W SCHRODER | DIRECTOR - UNTIL 10/2023 Trustee or director | 1 | $0 | $0 |
| HARVEY SEEGERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HENRY STOEVER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CATHERINE THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 39 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EDWARD PROBERT | PRESIDENT AND CEO Trustee or director, Officer | 37.5 | $314,308 | $17,102 |
| HAROLD VAN OPDORP | CHIEF OPERATING OFFICER Officer | 37.5 | $198,985 | $5,120 |
| COURTNEY BALSON | CHIEF ADVANCEMENT OFFICER Highest-paid employee | 37.5 | $163,288 | $12,512 |
| JEANNA ADAMS | CHIEF SCHOLARSHIP OFFICER Highest-paid employee | 37.5 | $153,597 | $11,878 |
| ASHLEY SAVILLE | DIR. OF DEVELOPMENT UNTIL MAY 2022 Highest-paid employee | 37.5 | $150,193 | $10,747 |
| SARAH TONIZZO | CHIEF FINANCIAL OFFICER Officer | 37.5 | $140,042 | $7,408 |
| JEANINE CAVICCHIA | DIR. OF DEVELOPMENT UNTIL MAR 2023 Highest-paid employee | 37.5 | $136,461 | $8,313 |
| KEITH H MOORE | DIRECTOR OF DEVELOPMENT Highest-paid employee | 37.5 | $129,506 | $12,801 |
| ROBERT B NELLER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ERIC J CANDELORI | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD D STEPHENS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| STEVEN M POST | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES F BOLDEN JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH F BOULOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIGUEL EATON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE J FLYNN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE FUSCO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER HAZELTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN HENDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEITH M JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT E JOYCE JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL KENNEDY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARGARET G KIBBEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT LARUE | DIRECOTR Trustee or director | 1 | $0 | $0 |
| FRANK D MARTELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER MCCALLUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN NELSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELISSA D PALMISCIANO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG PARSONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL POHL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT W SCHRODER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HARVEY SEEGERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HENRY STOEVER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CATHERINE THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TRACY GARRETT | DIRECTOR UNTIL OCT 2022 Trustee or director | 1 | $0 | $0 |
| MATTHEW GANTZ | DIRECTOR UNTIL OCT 2022 Trustee or director | 1 | $0 | $0 |
| FRANK J GAUDIO | DIRECTOR UNTIL OCT 2022 Trustee or director | 1 | $0 | $0 |
| SUSAN E MORRISON | DIRECTOR UNTIL JUNE 2023 Trustee or director | 1 | $0 | $0 |
| MICHAEL G MULLEN | DIRECTOR UNTIL JAN 2023 Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 909 N WASHINGTON ST STE 400, ALEXANDRIA, VA 22314-1555
- In care of
- % ROBERT RUARK
- Principal officer (990 for 2024)
- EDWARD PROBERT JR, 909 N WASHINGTON STREET 400, ALEXANDRIA, VA 22314
- Signed the 990
- EDWARD PROBERT JR, PRESIDENT & CHIEF EXECUTIVE OFFICER
- Phone
- (703) 549-0060
- Website
- WWW.MCSF.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
SEE SCHEDULE OTHE MARINE CORPS SCHOLARSHIP FOUNDATION IS THE NATION'S OLDEST AND LARGEST PROVIDER OF NEED-BASED SCHOLARSHIPS TO MILITARY CHILDREN. FOUNDED IN 1962, THE MARINE CORPS SCHOLARSHIP FOUNDATION PROVIDES ACCESS TO EDUCATION FOR THE CHILDREN OF MARINES, NAVY CORPSMEN, AND RELIGIOUS PROGRAM SPECIALISTS ATTENDING POST-HIGH SCHOOL, UNDERGRADUATE, AND CAREER TECHNICAL EDUCATION PROGRAMS. THROUGHOUT OUR HISTORY, WE HAVE AWARDED MORE THAN 60,000 SCHOLARSHIPS VALUED AT MORE THAN $235 MILLION. EVERY QUALIFIED STUDENT WHO HAS APPLIED HAS RECEIVED AID.
Program accomplishments
- FOR THE 2025-2026 ACADEMIC YEAR, THE MARINE CORPS SCHOLARSHIP FOUNDATION AWARDED $12.1 MILLION TO 2,886 CHILDREN OF MARINES AND NAVY CORPSMEN IN ALL 50 STATES AND OVERSEAS.THE QUALITY OF THE STUDENTS WE INVEST IN, CHILDREN RAISED BY HONORABLE MARINE PARENTS, IS HIGHLIGHTED IN THEIR ACADEMIC ACCOMPLISHMENTS. THEY GRADUATE AT A RATE OF 91% (COMPARED TO 54% NATIONALLY), DEMONSTRATING THAT OUR INVESTMENT IN THEIR EDUCATION PAYS OFF. WITH 63% OF OUR RECIPIENTS REPORTING LITTLE TO NO DEBT AT GRADUATION (COMPARED TO AN AVERAGE STUDENT DEBT OF $30,000 UPON GRADUATION NATIONALLY), WE ARE CONFIDENT THAT OUR SCHOLARSHIP SUPPORT MAKES A SIGNIFICANT IMPACT IN THEIR LIVES AFTER GRADUATION.Expenses $14,120,233 · grants $11,695,398
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-1905062
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $194,122,792
- Income (IRS master file)
- $97,425,280
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $39,359,324 | $22,193,571 | $194,122,792 | IRS |
| 990 | June 2024 | $21,252,889 | $21,002,017 | $176,766,473 | IRS |
| 990 | June 2023 | $22,373,801 | $19,178,181 | $160,956,122 | XML |
| 990 | June 2022 | $37,411,876 | $17,245,029 | $143,461,620 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-1905062).
Questions about MARINE CORPS SCHOLARSHIP FOUNDATION INC
- What is the EIN of MARINE CORPS SCHOLARSHIP FOUNDATION INC?
- The employer identification number (EIN) of MARINE CORPS SCHOLARSHIP FOUNDATION INC is 22-1905062.
- Is MARINE CORPS SCHOLARSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to MARINE CORPS SCHOLARSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARINE CORPS SCHOLARSHIP FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MARINE CORPS SCHOLARSHIP FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARINE CORPS SCHOLARSHIP FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MARINE CORPS SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names EDWARD PROBERT JR.
- Who are the officers and directors of MARINE CORPS SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 39 people; 8 received compensation from the organization, the highest $359,628 (EDWARD PROBERT, PRESIDENT AND CEO).
- How much revenue does MARINE CORPS SCHOLARSHIP FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $39,359,324, expenses of $22,193,571 and total assets of $194,122,792 at year end.
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