EQUITABLE FOUNDATION INC
https://HTTPS://WWW.EQUITABLE.COM/FOUNDATION
$106.1M
Total Assets (2023)
$6.5M
Avg Yearly Giving (2022–2023)
$13.0M
Giving on File
(2 yrs)
(2 yrs)
3,324
Grants on File
$5K
Avg Grant Size
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Contact Person
SCHOLARSHIP AMERICA
Phone
2017437364
Deadlines
DECEMBER 19, 2023 (OR WHEN 10,000 APPLICATIONS ARE SUBMITTED, WHICHEVER OCCURS FIRST).
How to Apply
EQUITABLE FOUNDATION HAS ESTABLISHED THE EQUITABLE EXCELLENCE SCHOLARSHIP PROGRAM TO ASSIST HIGH SCHOOL SENIORS WHO ARE PLANNING TO CONTINUE THEIR EDUCATION AT A TWO OR FOUR-YEAR COLLEGE IN THE UNITED STATES BY FALL 2024. THIS PROGRAM IS ADMINISTERED BY SCHOLARSHIP AMERICA, THE NATION'S LARGEST DESIGNER AND MANAGER OF SCHOLARSHIP, TUITION ASSISTANCE AND OTHER EDUCATION SUPPORT PROGRAMS FOR CORPORATIONS, FOUNDATIONS, ASSOCIATIONS, AND INDIVIDUALS. ELIGIBILITY FOR INDIVIDUAL PROGRAMS IS DETERMINED AT THE SOLE DISCRETION OF THE SPONSOR AND ELIGIBLE APPLICATIONS ARE REVIEWED BY SCHOLARSHIP AMERICA'S EVALUATION TEAM. IN COMPLIANCE WITH FEDERAL LAW, THIS PROGRAM WILL NOT DISCRIMINATE IN THE TERMS, CONDITIONS OR PRIVILEGES OF PARTICIPATION ON THE BASIS OF RACE, COLOR, RELIGION, GENDER, NATIONAL ORIGIN, AGE, DISABILITY OR SEXUAL ORIENTATION.
Restrictions
1. BE CURRENT HIGH SCHOOL SENIORS AND CURRENT UNDERGRADUATES IN ONE OF THE 50 U.S. STATES, DISTRICT OF COLUMBIA, OR PUERTO RICO, WHO PLAN TO ENROLL FULL-TIME IN AN ACCREDITED TWO OR FOUR-YEAR COLLEGE OR UNIVERSITY IN THE UNITED STATES FOR THE ENTIRE UPCOMING ACADEMIC YEAR. 2. DEMONSTRATE AMBITION AND SELF-DRIVE TO BE A FORCE FOR GOOD IN YOUR COMMUNITY BY ENCOURAGING OTHERS TO PURSUE HIGHER EDUCATION. 3. BE WILLING TO PROVIDE A RELEASE TO PUBLICIZE THEIR IDENTITIES AND INFORMATION ABOUT THEIR ACHIEVEMENTS ALONG WITH PHOTOGRAPHS FOR USE IN PROGRAM PROMOTION AND INFORMATION. 4. HAVE A 2.5 GPA ON A 4.0 SCALE.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2021 | N/A | $120.9M | $3.8M | N/A |
| 2022 | $6.2M | $96.7M | $5.9M | 1904 |
| 2023 | $6.7M | $106.1M | $21.9M | 1420 |
Grant Size Distribution
Based on 3324 grants on record
Minimum
$30
25th Pctl
$150
Median
$450
Average
$4K
75th Pctl
$1K
Maximum
$1.2M
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| JARIAN KEREKES | CHAIRMAN & PRESIDENT & DIRECTOR | — |
| CANDACE SCAPPATOR | CONTROLLER | — |
| JULIA YUN ZHANG | TREASURER | — |
| MARK PEARSON | DIRECTOR | — |
| MICHAL LEVY THRU 082023 | DIRECTOR | — |
| JEFFREY HURD | DIRECTOR | — |
| MICHAL LEVY | DIRECTOR | — |
Grants Awarded (3,324 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| SCHOLARSHIP AMERICA | SAINT PETER, MN | $1,250,000 | 2023 SCHOLARSHIP AWARDS | 2023 |
| SCHOLARSHIP AMERICA EQUITABLE EXCELLENCE SCHOLARSHIP PROGRAM | ST PETER, MN | $1,250,000 | SCHOLARSHIP PROGRAMS | 2022 |
| SCHOLARSHIP AMERICA EQUITABLE EXCELLENCE RENEWABLE SCHOLARSHIP PROGRAM | ST PETER, MN | $1,000,000 | SCHOLARSHIP PROGRAM | 2023 |
| SCHOLARSHIP AMERICA EQUITABLE EXCELLENCE SCHOLARSHIP PROGRAM | ST PETER, MN | $880,000 | SCHOLARSHIP PROGRAM | 2023 |
| SCHOLARSHIP AMERICA | SAINT PETER, MN | $561,335 | 2022 EQUITABLE EXCELLENCE SCHOLARSHIP AWARDS | 2022 |
| COUNCIL OF CHIEF STATE SCHOOL OFFICERS | WASHINGTON, DC | $350,000 | GENERAL CONTRIBUTION | 2022 |
| DONORSCHOOSE ORG | NEW YORK, NY | $258,080 | GENERAL CONTRIBUTION | 2022 |
| AMERICAN RED CROSS | WASHINGTON, DC | $250,000 | GENERAL CONTRIBUTION | 2023 |
| AMERICAN RED CROSS | WASHINGTON, DC | $250,000 | GENERAL CONTRIBUTION | 2022 |
| DONORSCHOOSE | NEW YORK, NY | $220,350 | GENERAL CONTRIBUTION | 2023 |
| BLUMENTHAL PERFORMING ARTS CENTER | CHARLOTTE, NC | $160,000 | GENERAL CONTRIBUTION | 2023 |
| THURGOOD MARSHALL COLLEGE FUND | WASHINGTON, DC | $160,000 | GENERAL CONTRIBUTION | 2023 |
| YEAR UP | BOSTON, MA | $157,389 | GENERAL CONTRIBUTION | 2023 |
| KABOOM | BETHESDA, MD | $145,750 | GENERAL CONTRIBUTION | 2023 |
| PURPOSITY FOUNDATION INC | DAWSONVILLE, GA | $130,100 | GENERAL SUPPORT | 2022 |
| UNITED WAY OF CENTRAL CAROLINAS INC | CHARLOTTE, NC | $100,000 | GENERAL CONTRIBUTION | 2023 |
| SCHOLARSHIP AMERICA | SAINT PETER, MN | $100,000 | 2022 GRANTS TO SCHOOLS | 2022 |
| SCHOLARSHIP AMERICA COMMUNITY SCHOLARSHIP | ST PETER, MN | $100,000 | SCHOLARSHIP PROGRAMS | 2022 |
| SCHOLARSHIP AMERICA | SAINT PETER, MN | $94,000 | 2023 HIGH SCHOOL GRANT AWARD | 2023 |
| YEAR UP | NEW YORK, NC | $90,250 | GENERAL CONTRIBUTION | 2022 |
| UNITED WAY OF CENTRAL NEW YORK | SYRACUSE, NY | $85,000 | GENERAL CONTRIBUTION | 2022 |
| LATINOJUSTICE PRLDEF | NEW YORK, NY | $80,103 | GENERAL CONTRIBUTION | 2023 |
| CMS FOUNDATION | CHARLOTTE, NC | $75,200 | GENERAL CONTRIBUTION | 2023 |
| UNITED WAY OF CENTRAL NEW YORK | SYRACUSE, NY | $75,000 | GENERAL CONTRIBUTION | 2023 |
| THURGOOD MARSHALL COLLEGE FUND | WASHINGTON, DC | $75,000 | GENERAL CONTRIBUTION | 2022 |