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ROCHESTER CHILDREN'S SCHOLARSHIP FUND INC

ROCHESTER, NY · EIN 160783528 · Form 990 · FY2024 · NTEE B82Z · Education · Small ($100K-$1M) · rcsf.info
revenue
$174K
expenses
$100K
net assets
$2.2M
employees
2
volunteers
9
program ratio
74%
mission · from form 990

PROVIDE SCHOLARSHIPS FOR STUDENTS WITH GOOD SCHOLASTIC STANDING AND FAMILY FINANCIAL DIFFICULTIES.

profile · synthesized from sources

Rochester Children's Scholarship Fund supports high-achieving, financially disadvantaged students in the Rochester City School District by providing monetary stipends and guidance throughout high school. The program targets academically strong 8th graders who maintain a minimum GPA and good character, with the goal of increasing graduation rates and college access. It operates as a retention and incentive program for students at risk of dropping out due to economic pressures.

named programs · 2 · from sources

What they call their work

Jeannette Hirsh Award for Seniors
Additional stipend awarded to qualifying senior students who maintain high academic performance, funded by an endowment from Morris Hirsch in memory of his wife
RCSF Scholarship Program
Provides quarterly monetary stipends to eligible RCSD students in grades 9–12 based on GPA and financial need, with ongoing support through high school
activities · 5 groups

What they do

  • Local High School Scholarship Programs 2 activities
    • Administer tiered stipend program with performance-based incentives
      Provides monetary incentives to 8th-grade students who meet criteria for academic performance, financial need, and good character, and distributes tiered stipends to enrolled students based on GPA, with higher GPAs resulting in higher payments each marking period.
    • Award scholarships and financial support to students in the Rochester City School District
      Provides need-based scholarships and financial resources to students in grades 9–12 within the Rochester City School District to support academic success, including assistance with school supplies, college applications, vocational training, and after-school programs. The program targets students from families experiencing financial hardship and demonstrates high retention and college enrollment outcomes.
  • Student Support and Academic Services 1 activity
    • Conduct proactive academic interventions for at-risk scholarship recipients
      Monitors academic performance of scholarship recipients and implements targeted interventions when students are at risk of falling below required academic standards to ensure continued eligibility and success.
  • Public School Support Fundraising 1 activity
    • Fund scholarship programs through donor contributions and fundraising events
      Raises funds through donor contributions and a bi-annual benefit banquet to finance scholarship awards and support services for students in the Rochester City School District.
  • College Access and Success Support 1 activity
    • Provide academic and financial literacy support to scholarship recipients
      Offers educational programming and resources in financial literacy, time management, study skills, and college planning to scholarship recipients to promote academic persistence and long-term success. These services are integrated into ongoing support for enrolled students.
  • Uncategorized 1 activity
    • Administer the Jeannette Hirsh Award for Seniors
      Provides an additional stipend to qualifying senior students who maintain a high level of academic excellence and automatically qualifies eligible recipients without requiring a separate application.
financials · form 990 · fy2024
revenue
Total revenue$174K
Contributions & grants$118K68%
Program service revenue$00%
Investment income$50K29%
Other revenue$6K
expenses
Total expenses$100K
Program expenses74%
Admin / overhead26%
Fundraising0%
Salaries & benefits$35K
Grants paid out$45K
Largest expense lineCompensation
balance sheet
Total assets$2.24M
Cash$310K
Investments$1.91M
Liabilities$12K
Net assets$2.23M
Liquid reserves265.6 mo
6 years on record · 2019–2024 · YoY revenue -25.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
CHERYL TESTA PROGRAM DIRECTOR - RESIGNED DURING YEAR 20 $33K
board members · 10
  • BARBARA DENSMORE — SECRETARY
  • BRIAN GREENBERG — BOARD MEMBER
  • DR SIM COVINGTON JR — BOARD MEMBER - RESIGNED DURING YEAR
  • JACQUES KOUEVI — BOARD MEMBER
  • JONATHA S CAIMANO — TREASURER
  • JOSEPH CICERO — BOARD MEMBER
  • MARIA THOMAS FISHER — VICE PRESIDENT
  • RICHARD DAN VEGA — PRESIDENT
  • SUZE WOLLKE — BOARD MEMBER
  • WILLIAM J ANSBROW — BOARD MEMBER
relationships · 19

Who they work with

  • AFSCM Council Partner — Organization represented by board member Maria Fisher
  • Bank of America Partner — Organization represented by board member Suze Wollke
  • East Upper School Partner — Partner school through which RCSF provides scholarship support to students.
  • Edison Career and Technology High School Partner — Partner school through which RCSF provides scholarship support to students.
  • James Monroe High School Partner — Partner school through which RCSF provides scholarship support to students.
  • Joseph C. Wilson High School Partner — Partner school through which RCSF provides scholarship support to students.
  • Joseph C. Wilson Magnet High School Partner — School attended by scholarship recipient supported by RCSF
  • L3Harris Technologies, Inc. Partner — Organization represented by board member Jacques Kouevi
  • Mary Cariola Children’s Center Partner — Organization represented by board member William Ansbrow
  • NE College Prep HS at Frederick Douglass Partner — Partner school through which RCSF provides scholarship support to students.
  • P-TECH Rochester Pathways to Technology Program Partner — Partner program through which RCSF provides scholarship support to students.
  • Rochester City School District Government — Employer of retired board members and likely partner in administering scholarship programs
  • Rochester City School District Partner — Provides financial support to students within the Rochester City School District.
  • Rochester Early College International High School Partner — Partner school through which RCSF provides scholarship support to students.
  • School 58 — World of Inquiry School Partner — Partner school through which RCSF provides scholarship support to students.
  • School of the Arts Partner — Partner school through which RCSF provides scholarship support to students.
  • Security Risk Advisors, Inc. Partner — Organization represented by board member Joseph Cicero
  • Sydor Optics Inc. Partner — Organization represented by board member Brian Greenberg
  • United Way Funder — Accepts donor-designated contributions through United Way
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Early Intervention with Sustained Support
    methodology: early intervention
    By intervening early (in 8th grade) and providing continuous financial and academic support through high school, the organization improves attendance and reduces dropout rates, because sustained engagement during critical transition years reinforces commitment to education.
  • Merit- and Need-Based Scholarship Model
    methodology: merit-and-need-based aid
    By awarding financial support based on both academic merit and demonstrated financial need, the organization increases access to educational opportunities and promotes student success, because combining merit with socioeconomic targeting ensures that high-potential students facing barriers can persist in school.
  • Performance-Based Incentive Structure
    methodology: performance-based incentives
    By linking higher stipend amounts to stronger academic performance, the organization motivates students to maintain excellence over time, because tangible financial rewards reinforce effort and accountability as drivers of long-term achievement.
  • Student Empowerment through Financial Responsibility
    methodology: financial-responsibility-through-student-empowerment
    By providing scholarship funds directly for essential expenses, the organization fosters personal financial responsibility and decision-making skills, because giving students agency over resources builds life skills that support academic focus and independence.