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Nonprofit · EIN 22-2475037

THE CARNEY SCHOLARSHIP FOUNDATION INC

Tax-exempt · WEST HARTFORD, CT 06117

Financials

$41K$201K2023$140K$204K2024$194K$220K2025
Revenue Expenses · by fiscal year end
Financials of THE CARNEY SCHOLARSHIP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$193,529$220,432-$26,903$4,505,721$0$4,505,721
December 31, 2024990$140,408$203,648-$63,240$4,136,287$0$4,136,287
December 31, 2023990$41,192$200,925-$159,733$3,785,434$0$3,785,434
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$193,529
Net gain from sales of assets
$101,390
Other revenue
$0

Expenses

Grants and similar amounts paid
$190,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$190,000
Management and general (functional)
$30,432

Balance sheet and other

Total assets, start of year
$4,136,287
Total assets, end of year
$4,505,721
Total liabilities, end of year
$0
Net assets, end of year
$4,505,721
Publicly traded securities
$4,419,483
Net assets without donor restrictions
$4,505,721
Gross receipts
$678,388
Employees
0
Year formed
1983
State of legal domicile
CT

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
KATHERINE DEACONTRUSTEE
Trustee or director
–$0
PETER SWEENEYTRUSTEE
Trustee or director
–$0
ELAINE DALYSECRETARY/TR
Officer
–$0
DAVID P HUSSEYPRESIDENT
Officer
–$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
KATHERINE DEACONTRUSTEE
Trustee or director
–$0
PETER SWEENEYTRUSTEE
Trustee or director
–$0
ELAINE DALYSECRETARY/TR
Officer
–$0
DAVID P HUSSEYPRESIDENT
Officer
–$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
KATHERINE DEACONTRUSTEE
Trustee or director
–$0
SANTO PIRROTTATRUSTEE
Trustee or director
–$0
ELAINE DALYSECRETARY/TR
Officer
–$0
DAVID HUSSEYPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
200 BLOOMFIELD AVE, WEST HARTFORD, CT 06117-1545
In care of
% JOHN S MASON JR
Principal officer (990 for 2025)
ELAINE DALY, 200 BLOOMFIELD AVENUE, WEST HARTFORD, CT 06117
Signed the 990
ELAINE DALY, SECRETARY/TREASURER
Phone
(860) 768-4652
Return prepared by
COURTNEY FINK & FORBES LLP

Mission

TO PROVIDE INCOME TO THE UNIVERSITY OF HARTFORD TO GRANT SCHOLARSHIPS TO FULL-TIME UNIVERSITY OF HARTFORD UNDERGRADUATE STUDENTS.

990 for the year ended December 31, 2025

Program accomplishments

  • TO PROVIDE INCOME TO THE UNIVERSITY OF HARTFORD TO GRANT SCHOLARSHIPS TO FULL-TIME UNIVERSITY OF HARTFORD UNDERGRADUATE STUDENTS.
    Expenses $190,000 · grants $190,000

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-2475037
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,505,721
Income (IRS master file)
$678,388

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$193,529$220,432$4,505,721IRS
990December 2024$140,408$203,648$4,136,287XML
990December 2023$41,192$200,925$3,785,434XML
990December 2022$35,785$201,378$3,429,686IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 22-2475037).

Questions about THE CARNEY SCHOLARSHIP FOUNDATION INC

What is the EIN of THE CARNEY SCHOLARSHIP FOUNDATION INC?
The employer identification number (EIN) of THE CARNEY SCHOLARSHIP FOUNDATION INC is 22-2475037.
Is THE CARNEY SCHOLARSHIP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to THE CARNEY SCHOLARSHIP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does THE CARNEY 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 THE CARNEY SCHOLARSHIP FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE CARNEY SCHOLARSHIP FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of THE CARNEY SCHOLARSHIP FOUNDATION INC?
The 990 for the year ended December 31, 2025 names ELAINE DALY.
Who are the officers and directors of THE CARNEY SCHOLARSHIP FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does THE CARNEY SCHOLARSHIP FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $193,529, expenses of $220,432 and total assets of $4,505,721 at year end.

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