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THE SUMNER SCHOLARSHIP ENDOWMENT FOUNDATION INC
NEW YORK, NY · EIN 133899466 · Form 990PF · FY2024 · Small ($100K-$1M)
revenue
$221K
expenses
$26K
net assets
$2.8M
employees
—
profile · synthesized from sources

The Sumner Scholarship Endowment Foundation Inc is a private foundation that provides financial support for educational programs and scholarships. It awards grants to schools, educational nonprofits, and institutions focused on student support and academic enrichment. The foundation does not appear to conduct direct services, instead funding other organizations to carry out its mission.

named programs · 2 · from sources

What they call their work

Educational Support Program
General support grants provided to educational organizations and institutions for student scholarships, book funds, and academic programming
Marion Hatt Scholarship
Annual scholarship grants awarded to students attending Proctor Academy, supporting educational access for financially disadvantaged students
activities · 5 groups

What they do

  • Private K–12 School Support 4 activities
    • Funding educational programming at The Neighborhood House
      Provides grant funding to support educational programming at The Neighborhood House, increasing access to learning opportunities.
    • Funding educational programs at The Island Institute
      Supports educational initiatives at The Island Institute through grant funding, advancing educational access and programming.
    • Funding educational support programs at Byerschool Foundation
      Provides educational support funding to the Byerschool Foundation, enhancing access to educational resources. This grant was provided in 2023.
    • Funding the Marion Hatt Scholarship at Proctor Academy
      Funds the Marion Hatt Scholarship at Proctor Academy, supporting educational opportunities for students. This grant was provided in 2023.
  • Literacy Program Funding 3 activities
    • Funding educational initiatives at Words Without Borders
      Provides financial support to Words Without Borders for educational support initiatives, promoting literary and educational engagement.
    • Funding educational programming at Island Readers & Writers
      Supports Island Readers & Writers with grant funding for educational programming, fostering literacy and learning in island communities.
    • Funding scholarship and book programs at Northeast Harbor Library
      Funds a scholarship program and book fund at Northeast Harbor Library, supporting educational and literary resources for the community.
  • Art Museum Funding and Support 1 activity
    • Funding educational initiatives at Skowhegan School of Painting and Sculpture
      Supports educational programming at Skowhegan School of Painting and Sculpture through grants, advancing arts education.
  • Jewish Religious Institution Support 1 activity
    • Funding educational support programs at The Springboard School at Lubavitch on the Palisades
      Supports educational programming at The Springboard School at Lubavitch on the Palisades through grant funding, expanding educational services.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding educational support programs at University of Maine Foundation
      Provides educational support funding to the University of Maine Foundation, enhancing access to higher education resources.
financials · form 990PF · fy2024
revenue
Total revenue$221K
Contributions & grants——
Program service revenue——
Investment income$58K26%
Other revenue$162K
expenses
Total expenses$26K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$160K
balance sheet
Total assets$2.75M
Cash—
Investments—
Liabilities—
Net assets$2.75M
5 years on record · 2019–2024 · YoY revenue -2.4%
leadership · form 990 part vii · fy2024

Who runs it

board members · 1
  • WILLIAM ROSS — TRUSTEE
relationships · 10

Who they work with

  • BYERSCHOOL FOUNDATION Partner — Receives educational support funding
  • ISLAND READERS & WRITERS Partner — Receives funding for educational programming
  • NORTHEAST HARBOR LIBRARY Partner — Receives funding for a scholarship program and book fund
  • PROCTOR ACADEMY Partner — Receives funding for the Marion Hatt Scholarship
  • SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE Partner — Receives support for educational initiatives
  • THE ISLAND INSTITUTE Partner — Receives educational support funding
  • THE NEIGHBORHOOD HOUSE Partner — Receives funding for educational programming
  • THE SPRINGBOARD SCHOOL AT LUBAVITCH ON THE PALISADES Partner — Receives funding for educational support programs
  • UNIVERSITY OF MAINE FOUNDATION Partner — Receives educational support funding
  • WORDS WITHOUT BORDERS Partner — Receives funding for educational support initiatives