Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 74-2996331

ARMY SCHOLARSHIP FOUNDATION INC

Tax-exempt · DALLAS, TX 75230

Financials

$728K$435K2023$1.1M$515K2024$1M$555K2025
Revenue Expenses · by fiscal year end
Financials of ARMY SCHOLARSHIP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,009,095$555,414$453,681$2,709,835$5,382$2,704,453
December 31, 2024990$1,138,277$515,099$623,178$2,255,136$4,364$2,250,772
December 31, 2023990$727,632$435,114$292,518$1,629,850$2,255$1,627,595
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$849,203
Program service revenue
$0
Investment income
$159,892
Other revenue
$0

Expenses

Grants and similar amounts paid
$408,500
Other salaries and wages
$65,192
Salaries, compensation and benefits (total)
$70,179
Professional fundraising fees
$0
Accounting fees
$7,859
Travel
$749
Depreciation
$447
Program services (functional)
$516,324
Management and general (functional)
$14,388
Fundraising (functional)
$24,702

Balance sheet and other

Total assets, start of year
$2,255,136
Total assets, end of year
$2,709,835
Total liabilities, end of year
$5,382
Net assets, end of year
$2,704,453
Land, buildings and equipment
$1,192
Net assets without donor restrictions
$1,730,831
Net assets with donor restrictions
$973,622
Gross receipts
$1,009,095
Employees
1
Year formed
2001
State of legal domicile
TX

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
JEFF GAULTChairman CEO
Trustee or director, Officer
0$0
KEIRN BROWNBoard Member
Trustee or director
0$0
DANA JOHNSONBoard Member
Trustee or director
0$0
CHRISTOPHER LEPPSecretary
Trustee or director, Officer
0$0
ELLEN HOULIHANBoard Member
Trustee or director
0$0
ROSE GAULTPresident
Trustee or director, Officer
0$0
JOEL GRAYBoard Member
Trustee or director
0$0
PHILLIP SHEARERTreasurer
Trustee or director, Officer
0$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
JEFF GAULTChairman CEO
Trustee or director, Officer
10$0
KEIRN BROWNBoard Member
Trustee or director
1$0
DANA JOHNSONBoard Member
Trustee or director
1$0
CHRISTOPHER LEPPSecretary
Trustee or director, Officer
1$0
ELLEN HOULIHANBoard Member
Trustee or director
1$0
ROSE GAULTPresident
Trustee or director, Officer
10$0
JOEL GRAYBoard Member
Trustee or director
1$0
PHILLIP SHEARERTreasurer
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
JEFF GAULTChairman CEO
Trustee or director, Officer
10$0
KEIRN BROWNBoard Member
Trustee or director
1$0
DANA JOHNSONBoard Member
Trustee or director
1$0
CHRISTOPHER LEPPBoard Member
Trustee or director
1$0
ELLEN HOULIHANBoard Member
Trustee or director
1$0
ROSE GAULTPresident
Trustee or director, Officer
10$0
JOEL GRAYSecretary
Trustee or director, Officer
1$0
PHILLIP SHEARERTreasurer
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
11700 PRESTON RD STE 660 PMB 301, DALLAS, TX 75230-2739
In care of
% JEFF GAULT
Principal officer (990 for 2025)
Jeff Gault, 11700 Preston Road Ste 660-301, Dallas, TX 75230
Signed the 990
JEFF GAULT, Chairman CEO
Phone
(703) 587-5181

Mission

Provide college level academic scholarships to the children and spouses of active duty U.S. Military

990 for the year ended December 31, 2025

Program accomplishments

  • The Army Scholarship Foundation (ASF) grants academic scholarships to the children/spouses of active duty enlisted soldiers. ASF actively solicits contributions from the general public, foundations and corporation to fund its programs. The scholarhsips allow eligible recipients the opportunity to pursue their education, where they might otherwise be unable to do so. A total of 375 scholarships valued at $408,500 were awarded in 2025. A total of 1,083 applications for scholarhsips were received.
    Expenses $555,414 · grants $408,500 · revenue $1,009,095

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
74-2996331
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
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$2,709,835
Income (IRS master file)
$1,009,095

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,009,095$555,414$2,709,835XML
990December 2024$1,138,277$515,099$2,255,136IRS
990December 2023$727,632$435,114$1,629,850XML
990December 2022$484,248$294,573$1,337,001IRS
990December 2021–––IRS
990December 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 74-2996331).

Questions about ARMY SCHOLARSHIP FOUNDATION INC

What is the EIN of ARMY SCHOLARSHIP FOUNDATION INC?
The employer identification number (EIN) of ARMY SCHOLARSHIP FOUNDATION INC is 74-2996331.
Is ARMY SCHOLARSHIP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to ARMY SCHOLARSHIP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARMY 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 ARMY 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 ARMY 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 ARMY SCHOLARSHIP FOUNDATION INC?
The 990 for the year ended December 31, 2025 names Jeff Gault.
Who are the officers and directors of ARMY SCHOLARSHIP FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does ARMY SCHOLARSHIP FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,009,095, expenses of $555,414 and total assets of $2,709,835 at year end.

Other nonprofits in DALLAS

All nonprofits in DALLAS · Texas · Education