Nonprofit · EIN 31-0603619
CINCINNATI SCHOLARSHIP FOUNDATION
Tax-exempt · CINCINNATI, OH 45202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,018,624 | $2,439,273 | $579,351 | $6,655,256 | $33,741 | $6,621,515 |
| June 30, 2024 | 990 | $2,127,105 | $2,220,695 | -$93,590 | $5,840,864 | $47,151 | $5,793,713 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,666,297
- Program service revenue
- $0
- Investment income
- $398,232
- Net income from fundraising events
- -$45,905
- Other revenue
- -$45,905
Expenses
- Grants and similar amounts paid
- $1,863,081
- Compensation of officers, directors and key employees
- $117,554
- Other salaries and wages
- $130,574
- Salaries, compensation and benefits (total)
- $315,931
- Professional fundraising fees
- $0
- Legal fees
- $9,421
- Accounting fees
- $89,544
- Occupancy
- $25,254
- Travel
- $8,004
- Depreciation
- $4,188
- Program services (functional)
- $2,017,694
- Management and general (functional)
- $310,295
- Fundraising (functional)
- $111,284
Balance sheet and other
- Total assets, start of year
- $5,840,864
- Total assets, end of year
- $6,655,256
- Total liabilities, end of year
- $33,741
- Net assets, end of year
- $6,621,515
- Land, buildings and equipment
- $12,215
- Publicly traded securities
- $5,539,109
- Net assets without donor restrictions
- $18,130
- Net assets with donor restrictions
- $6,603,385
- Gross receipts
- $3,078,328
- Employees
- 6
- Volunteers
- 15
- Year formed
- 1918
- State of legal domicile
- OH
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 |
|---|---|---|---|
| WHITNEY O'NEAL | PRESIDENT & CEO Highest-paid employee | 40 | $105,420 |
| JACK MINER | CHAIR Trustee or director, Officer | 1 | $0 |
| ADRIENNE MONTGOMERY | VICE-CHAIR Trustee or director, Officer | 1 | $0 |
| CHAD KOLDE | TREASURER Trustee or director, Officer | 1 | $0 |
| WILLIAM LAMPKIN | SECRETARY Trustee or director, Officer | 1 | $0 |
| JAMES R CULLEN | BOARD MEMBER Trustee or director | 1 | $0 |
| MELANIE BURDEN | BOARD MEMBER Trustee or director | 1 | $0 |
| MEGHAN HOLLOWELL | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHELLE HOPKINS | BOARD MEMBER Trustee or director | 1 | $0 |
| DR ERIC JACKSON | BOARD MEMBER Trustee or director | 1 | $0 |
| OLIVIA KENTNER | BOARD MEMBER Trustee or director | 1 | $0 |
| MATT LAKE | BOARD MEMBER Trustee or director | 1 | $0 |
| NIKELA OWENS PHD | BOARD MEMBER Trustee or director | 1 | $0 |
| TRAVIS SCHRAFFENBERGER | BOARD MEMBER Trustee or director | 1 | $0 |
| SHANNAN SCHMITT | BOARD MEMBER Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR AUDLEY SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WHITNEY O'NEAL | PRESIDENT Officer | 1 | $105,729 |
| ELIZABETH COLLINS | PROGRAM ADMINISTRATOR Officer | 1 | $66,213 |
| SHANNAN SCHMITT | CHAIR Trustee or director, Officer | 1 | $0 |
| CHAD KOLDE | TREASURER Trustee or director, Officer | 1 | $0 |
| MATT LAKE | SECRETARY Trustee or director, Officer | 1 | $0 |
| JAMES R CULLEN | BOARD MEMBER Trustee or director | 1 | $0 |
| MATTHEW HOFFMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| MELANIE BURDEN | BOARD MEMBER Trustee or director | 1 | $0 |
| TANYA FICKLIN | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHELLE HOPKINS | BOARD MEMBER Trustee or director | 1 | $0 |
| DR ERIC JACKSON | BOARD MEMBER Trustee or director | 1 | $0 |
| WILLIAM LAMPKIN | BOARD MEMBER Trustee or director | 1 | $0 |
| JACK MINER | BOARD MEMBER Trustee or director | 1 | $0 |
| ADRIENNE MONTGOMERY | BOARD MEMBER Trustee or director | 1 | $0 |
| NIKELA OWENS PHD | BOARD MEMBER Trustee or director | 1 | $0 |
| TRAVIS SCHRAFFENBENGER | BOARD MEMBER Trustee or director | 1 | $0 |
| DR AUDLEY SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| BRYAN SURFACE | BOARD MEMBER Trustee or director | 1 | $0 |
| CAROLINE TRENNEPOHL | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 720 E PETE ROSE WAY STE 120, CINCINNATI, OH 45202-3576
- In care of
- % CINCINNATI SCHOLARSHIP
- Principal officer (990 for 2024)
- RANDY J ULSES, 324 E 4TH STREET 2ND FLOOR, CINCINNATI, OH 45202
- Signed the 990
- RANDY J ULSES, INTERIM PRESIDENT & CEO
- Phone
- (513) 345-6701
- Return prepared by
- CHAMBERLIN OWEN & CO INC
Mission
THE MISSION OF THE ORGANIZATION IS TO CONNECT STUDENTS RESIDING IN GREATER CINCINNATI WITH POST-HIGH SCHOOL SCHOLARSHIP OPPORTUNITIES TO PURSUE THEIR EDUCATIONAL GOALS
Program accomplishments
- SCHOLARSHIPS- THE OBJECT OF THE ORGANIZATION IS TO CREATE, MAINTAIN, AND ADMINISTER FUNDS FOR THE EDUCATIONAL ADVANCEMENT OF WORTHY AND FINANCIALLY NEEDY COLLEGE STUDENTS. SINCE 1964 OVER $62,871,729 IN SCHOLARSHIPS HAVE BEEN AWARDED TO 41,415 AREA STUDENTS.SEE SCHEDULE I FOR DETAILS OF THE CURRENT YEAR SCHOLARSHIPS AWARDED.Expenses $2,017,694 · grants $1,863,081
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
- 31-0603619
- 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
- 1951
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,655,256
- Income (IRS master file)
- $3,078,328
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,018,624 | $2,439,273 | $6,655,256 | IRS |
| 990 | June 2024 | $2,127,105 | $2,220,695 | $5,840,864 | IRS |
| 990 | June 2023 | $1,829,317 | $2,138,422 | $5,473,124 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 31-0603619).
Questions about CINCINNATI SCHOLARSHIP FOUNDATION
- What is the EIN of CINCINNATI SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of CINCINNATI SCHOLARSHIP FOUNDATION is 31-0603619.
- Is CINCINNATI SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1951.
- Are donations to CINCINNATI SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CINCINNATI SCHOLARSHIP FOUNDATION 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 CINCINNATI SCHOLARSHIP FOUNDATION 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 CINCINNATI SCHOLARSHIP FOUNDATION 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 CINCINNATI SCHOLARSHIP FOUNDATION?
- The 990 for the year ended June 30, 2025 names RANDY J ULSES.
- Who are the officers and directors of CINCINNATI SCHOLARSHIP FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $105,420 (WHITNEY O'NEAL, PRESIDENT & CEO).
- How much revenue does CINCINNATI SCHOLARSHIP FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,018,624, expenses of $2,439,273 and total assets of $6,655,256 at year end.
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