Nonprofit · EIN 23-6393335
LOWER MERION TOWNSHIP SCHOLARSHIP FUND
Tax-exempt · ARDMORE, PA 19003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $205,757 | $185,885 | $19,872 | $1,778,607 | $0 | $1,778,607 |
| June 30, 2024 | 990 | $288,963 | $160,772 | $128,191 | $1,681,364 | $0 | $1,681,364 |
| June 30, 2023 | 990 | $196,349 | $163,490 | $32,859 | $1,497,297 | $0 | $1,497,297 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $116,840
- Program service revenue
- $0
- Investment income
- $88,917
- Net gain from sales of assets
- $46,106
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $122,850
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $19,416
- Salaries, compensation and benefits (total)
- $19,416
- Professional fundraising fees
- $0
- Accounting fees
- $7,643
- Program services (functional)
- $136,253
- Management and general (functional)
- $42,509
- Fundraising (functional)
- $7,123
Balance sheet and other
- Total assets, start of year
- $1,681,364
- Total assets, end of year
- $1,778,607
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,778,607
- Publicly traded securities
- $1,586,294
- Net assets without donor restrictions
- $1,778,607
- Gross receipts
- $557,966
- Employees
- 2
- Volunteers
- 12
- Year formed
- 1965
- State of legal domicile
- PA
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 |
|---|---|---|---|
| Caryn Karmatz Rudy | Governor Trustee or director | 1 | $0 |
| Nancy Einstein | Secretary Trustee or director | 1 | $0 |
| Beth Altman | Governor Trustee or director | 1 | $0 |
| Stanton Remer | Treasurer Trustee or director, Officer | 5 | $0 |
| Saul Behar | Governor Trustee or director | 1 | $0 |
| Richard Marta | Governor Trustee or director | 1 | $0 |
| Norman F Esibill Jr | Governor Trustee or director | 1 | $0 |
| Lisa Fair | Governor Trustee or director | 1 | $0 |
| Lucy Klain | Governor Trustee or director | 1 | $0 |
| Diane Dibonaventuro | Governor Trustee or director | 1 | $0 |
| Katie McGlade | Governor Trustee or director | 1 | $0 |
| Pam Mebane | Governor Trustee or director | 1 | $0 |
| Dr Koreem Bell | Governor Trustee or director | 1 | $0 |
| Sarah Altman | Chairperson Trustee or director | 1 | $0 |
| Jared Epler | Governor Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lou Savastani | Vice Chair Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Caryn Karmatz Rudy | Governor Trustee or director | 1 | $0 |
| Nancy Einstein | Secretary Trustee or director | 1 | $0 |
| Beth Altman | Governor Trustee or director | 1 | $0 |
| Stanton Remer | Treasurer Trustee or director, Officer | 5 | $0 |
| Saul Behar | Governor Trustee or director | 1 | $0 |
| Richard Marta | Governor Trustee or director | 1 | $0 |
| Norman F Esibill Jr | Governor Trustee or director | 1 | $0 |
| Lisa Fair | Governor Trustee or director | 1 | $0 |
| Lucy Klain | Governor Trustee or director | 1 | $0 |
| Diane Dibonaventuro | Governor Trustee or director | 1 | $0 |
| Katie McGlade | Chairman Trustee or director | 1 | $0 |
| Pam Mebane | Governor Trustee or director | 1 | $0 |
| Dr Koreem Bell | Governor Trustee or director | 1 | $0 |
| Sarah Altman | Vice Chair Trustee or director | 1 | $0 |
| Jared Epler | Governor Trustee or director | 1 | $0 |
| Lou Savastani | Governor Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARYN KARMATZ RUDY | GOVERNOR Trustee or director | 1 | $0 |
| NANCY EINSTEIN | SECRETARY Trustee or director | 1 | $0 |
| BETH ALTMAN | GOVERNOR Trustee or director | 1 | $0 |
| STANTON REMER | TREASURER Trustee or director, Officer | 5 | $0 |
| SAUL BEHAR | GOVERNOR Trustee or director | 1 | $0 |
| RICHARD MARTA | GOVERNOR Trustee or director | 1 | $0 |
| NORMAN F ESIBILL JR | GOVERNOR Trustee or director | 1 | $0 |
| LISA PLISKIN | GOVERNOR Trustee or director | 1 | $0 |
| BETH JOHNSON | GOVERNOR Trustee or director | 1 | $0 |
| LUCY KLAIN | GOVERNOR Trustee or director | 1 | $0 |
| DIANE DIBONAVENTURO | GOVERNOR Trustee or director | 1 | $0 |
| KATIE MCGLADE | CHAIR Trustee or director | 1 | $0 |
| PAM MEBANE | GOVERNOR Trustee or director | 1 | $0 |
| MISTY WHELAN | GOVERNOR Trustee or director | 1 | $0 |
| SARAH ALTMAN | VICE CHAIR Trustee or director | 1 | $0 |
| JARED EPLER | GOVERNOR Trustee or director | 1 | $0 |
| LOU SAVASTANI | GOVERNOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 346, ARDMORE, PA 19003-0346
- Principal officer (990 for 2024)
- Stanton Remer, PO Box 346, Ardmore, PA 190030346
- Signed the 990
- Stanton Remer, Treasurer
- Phone
- (610) 645-1893
- Website
- www.lmtsf.org
- Return prepared by
- Howe Keller & Hunter PC
Mission
To provide aid for deserving students of the public senior high schools of the Lower Merion Township School District for the furtherance of their education by means of scholarship grants.
Program accomplishments
- Give scholarships to 96 students.Expenses $136,253 · grants $122,850
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
- 23-6393335
- 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
- 1964
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $2,011,365
- Income (IRS master file)
- $1,007,403
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $205,757 | $185,885 | $1,778,607 | XML |
| 990 | June 2024 | $288,963 | $160,772 | $1,681,364 | XML |
| 990 | June 2023 | $196,349 | $163,490 | $1,497,297 | XML |
| 990 | June 2022 | $321,632 | $184,412 | $1,424,160 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 23-6393335).
Questions about LOWER MERION TOWNSHIP SCHOLARSHIP FUND
- What is the EIN of LOWER MERION TOWNSHIP SCHOLARSHIP FUND?
- The employer identification number (EIN) of LOWER MERION TOWNSHIP SCHOLARSHIP FUND is 23-6393335.
- Is LOWER MERION TOWNSHIP SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to LOWER MERION TOWNSHIP SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOWER MERION TOWNSHIP SCHOLARSHIP FUND 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 LOWER MERION TOWNSHIP SCHOLARSHIP FUND 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 LOWER MERION TOWNSHIP SCHOLARSHIP FUND 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 LOWER MERION TOWNSHIP SCHOLARSHIP FUND?
- The 990 for the year ended June 30, 2025 names Stanton Remer.
- Who are the officers and directors of LOWER MERION TOWNSHIP SCHOLARSHIP FUND?
- The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does LOWER MERION TOWNSHIP SCHOLARSHIP FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $205,757, expenses of $185,885 and total assets of $1,778,607 at year end.
Other nonprofits in ARDMORE
- REGINA ANGELORUM ACADEMY EIN 20-8961405 · last filed 990 for 2025
- MATHEMATICAL STAIRCASE EIN 46-1813949 · last filed 990 for 2025
- CHESTNUTWOLD SCHOOL PARENT-TEACHER ORGANIZATION EIN 45-5420874 · last filed 990-EZ for 2025
- LOWER MERION LIBRARY FOUNDATION EIN 23-2813619 · last filed 990-EZ for 2024
- WEST CATHOLIC ALUMNI ASSOCIATION EIN 23-2492552 · last filed 990-N for 2024
- BETHEL ACADEMY EIN 36-4662257 · last filed 990-N for 2025
- FRC 1712 DAWGMA ROBOTICS BOOSTER CLUB EIN 81-4430549 · last filed 990-N for 2024
- PARENT BOOSTER USA INC EIN 87-2368131 · last filed 990-N for 2025