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Nonprofit · EIN 43-6031234

SCHOLARSHIP FOUNDATION OF ST LOUIS

Tax-exempt · SAINT LOUIS, MO 63139

Financials

$11.8M$9.3M2023$11M$11M2024$13.8M$10.3M2025
Revenue Expenses · by fiscal year end
Financials of SCHOLARSHIP FOUNDATION OF ST LOUIS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$13,766,230$10,293,378$3,472,852$51,445,313$3,743,423$47,701,890
December 31, 2024990$10,982,931$10,964,665$18,266$46,287,097$3,354,886$42,932,211
December 31, 2023990$11,788,636$9,337,176$2,451,460$46,405,455$3,201,092$43,204,363
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$9,956,638
Program service revenue
$2,191,808
Investment income
$1,419,969
Net gain from sales of assets
$411,859
Other revenue
$197,815

Expenses

Grants and similar amounts paid
$6,473,590
Compensation of officers, directors and key employees
$252,350
Other salaries and wages
$1,569,546
Salaries, compensation and benefits (total)
$2,160,074
Professional fundraising fees
$0
Legal fees
$11,591
Accounting fees
$51,388
Occupancy
$174,509
Depreciation
$40,542
Program services (functional)
$8,894,725
Management and general (functional)
$677,243
Fundraising (functional)
$721,410

Balance sheet and other

Total assets, start of year
$46,287,097
Total assets, end of year
$51,445,313
Total liabilities, end of year
$3,743,423
Net assets, end of year
$47,701,890
Land, buildings and equipment
$126,521
Publicly traded securities
$27,111,282
Net assets without donor restrictions
$32,502,076
Net assets with donor restrictions
$15,199,814
Gross receipts
$30,061,210
Employees
19
Volunteers
28
Year formed
1920
State of legal domicile
MO

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 / weekCompensationOther / benefits
FAITH SANDLEREXECUTIVE DIRECTOR
Key employee
55$249,019$28,169
ROBERT FOLEYDIRECTOR OF INFORMATION TE
Highest-paid employee
45$149,536$19,862
JENNY WEBERDIRECTOR OF ADVANCEMENT
Highest-paid employee
45$147,229$13,335
TAMEKA HERRIONSENIOR DIRECTOR OF PROGRAM
Highest-paid employee
45$132,098$13,953
CATHERINE FOSTERDIRECTOR OF FINANCE AND CO
Highest-paid employee
45$134,311$11,368
TERESA STEINKAMPDIRECTOR OF ADVISING
Highest-paid employee
45$101,963$12,155
TOM RUWITCHPRESIDENT
Trustee or director, Officer
10$0$0
MUHAMMAD ISLAMVICE PRESIDENT
Trustee or director, Officer
4$0$0
APRIL MICKENS JOLLYVICE PRESIDENT
Trustee or director, Officer
4$0$0
DEBRA KENNARDVICE PRESIDENT
Trustee or director, Officer
4$0$0
JOHN MILONASVICE PRESIDENT
Trustee or director, Officer
4$0$0
DAVID MEYERTREASURER
Trustee or director, Officer
4$0$0
BETH-ANNE YAKUBUSECRETARY
Trustee or director, Officer
4$0$0
CARDELIA COLLIER-ROBINSONMEMBER AT LARGE
Trustee or director, Officer
4$0$0
MARTHA ARONSONDIRECTOR
Trustee or director
2$0$0
26 more people on this return
NameTitleHours / weekCompensation
GERALD AXELBAUMDIRECTOR
Trustee or director
2$0
AZMY AZMYDIRECTOR
Trustee or director
2$0
JACQUELIN MEADERS BOOTHDIRECTOR
Trustee or director
2$0
CORY BRICKERDIRECTOR
Trustee or director
2$0
SAMANTHA SCHRAGE BUNKDIRECTOR
Trustee or director
2$0
MATT DACEDIRECTOR
Trustee or director
2$0
JENNIFER ENGELINGDIRECTOR
Trustee or director
2$0
CLAYTON EVANSDIRECTOR
Trustee or director
2$0
BRIAN FERNANDEZDIRECTOR
Trustee or director
2$0
JANET HENDRICKSONDIRECTOR
Trustee or director
2$0
JENNIE JEAN-JACQUESDIRECTOR
Trustee or director
2$0
MICHAEL F JONES IIDIRECTOR
Trustee or director
2$0
LAURA KIPNISDIRECTOR
Trustee or director
2$0
PAULA D KNIGHTDIRECTOR
Trustee or director
2$0
KATHERINE KREUSSERDIRECTOR
Trustee or director
2$0
JOAN MAGRUDERDIRECTOR
Trustee or director
2$0
LAUREN NASH MINGDIRECTOR
Trustee or director
2$0
GWENDOLYN GOOSBY MIZELLDIRECTOR
Trustee or director
2$0
LAINIE NEIMANDIRECTOR
Trustee or director
2$0
MATT NEWLINDIRECTOR
Trustee or director
2$0
JILL NOWAKDIRECTOR
Trustee or director
2$0
BOB SCHMALZDIRECTOR
Trustee or director
2$0
TRINA' OWENS ROGERSDIRECTOR
Trustee or director
2$0
HEIDI VERONDIRECTOR
Trustee or director
2$0
JORDAN WATSONDIRECTOR
Trustee or director
2$0
PETER WERNERDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2024: 37 people
NameTitleHours / weekCompensationOther / benefits
FAITH SANDLEREXECUTIVE DIRECTOR
Key employee
55$239,118$26,067
ROBERT FOLEYDIRECTOR OF INFORMATION TE
Highest-paid employee
45$144,517$18,049
JENNY WEBERDIRECTOR OF ADVANCEMENT
Highest-paid employee
45$141,953$12,476
TAMEKA HERRIONSENIOR DIRECTOR OF PROGRAM
Highest-paid employee
45$127,669$12,871
CATHERINE HILLDIRECTOR OF FINANCE AND CO
Highest-paid employee
45$127,416$10,622
TOM RUWITCHPRESIDENT
Trustee or director, Officer
10$0$0
JOHN MILONASVICE PRESIDENT
Trustee or director, Officer
4$0$0
DEBRA KENNARDVICE PRESIDENT
Trustee or director, Officer
4$0$0
MUHAMMAD ISLAMVICE PRESIDENT
Trustee or director, Officer
4$0$0
JANET HENDRICKSONTREASURER
Trustee or director, Officer
4$0$0
BETH-ANNE YAKUBUSECRETARY
Trustee or director, Officer
4$0$0
JILL NOWAKMEMBER AT LARGE
Trustee or director, Officer
4$0$0
GERALD AXELBAUMDIRECTOR
Trustee or director
2$0$0
AZMY AZMYDIRECTOR
Trustee or director
2$0$0
MATT DACEDIRECTOR
Trustee or director
2$0$0
CORY BRICKERDIRECTOR
Trustee or director
2$0$0
CARDELIA COLLIER-ROBINSONDIRECTOR
Trustee or director
2$0$0
JENNIFER ENGELINGDIRECTOR
Trustee or director
2$0$0
JENNIE JEAN-JACQUESDIRECTOR
Trustee or director
2$0$0
BRIAN FERNANDEZDIRECTOR
Trustee or director
2$0$0
KATHERINE KREUSSERDIRECTOR
Trustee or director
2$0$0
LAURA KIPNISDIRECTOR
Trustee or director
2$0$0
CLAYTON EVANSDIRECTOR
Trustee or director
2$0$0
APRIL MICKENS JOLLYDIRECTOR
Trustee or director
4$0$0
JOAN MAGRUDERDIRECTOR
Trustee or director
2$0$0
LAINIE NEIMANDIRECTOR
Trustee or director
2$0$0
DAVID MEYERDIRECTOR
Trustee or director
2$0$0
JORDAN WATSONDIRECTOR
Trustee or director
2$0$0
MICHAEL F JONES IIDIRECTOR
Trustee or director
2$0$0
PAULA D KNIGHTDIRECTOR
Trustee or director
2$0$0
JACQUELIN MEADERS BOOTHDIRECTOR
Trustee or director
2$0$0
BOB SCHMALZDIRECTOR
Trustee or director
2$0$0
HEIDI VERONDIRECTOR
Trustee or director
2$0$0
MARTHA ARONSONDIRECTOR
Trustee or director
2$0$0
GWENDOLYN GOOSBY MIZELLDIRECTOR
Trustee or director
2$0$0
KAREN O DRAKEDIRECTOR
Trustee or director
2$0$0
LAUREN NASH MINGDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 33 people
NameTitleHours / weekCompensationOther / benefits
FAITH SANDLEREXECUTIVE DIRECTOR
Key employee
55$254,753$25,315
ROBERT FOLEYDIRECTOR OF INFORMATION TECHNOLOGY
Highest-paid employee
45$137,269$17,026
TAMEKA HERRIONSENIOR DIRECTOR OF PROGRAM
Highest-paid employee
45$123,733$12,354
CATHERINE HILLDIRECTOR OF FINANCE AND CONTROLLER
Highest-paid employee
45$117,788$10,014
JENNY WEBERDIRECTOR OF ADVANCEMENT
Highest-paid employee
45$108,259$9,918
LAUREN NASH MINGPRESIDENT
Trustee or director, Officer
10$0$0
MATT DACEVICE PRESIDENT
Trustee or director, Officer
4$0$0
KAREN O DRAKEVICE PRESIDENT
Trustee or director, Officer
4$0$0
MUHAMMAD ISLAMVICE PRESIDENT
Trustee or director, Officer
4$0$0
JANET HENDRICKSONTREASURER
Trustee or director, Officer
4$0$0
JACQUELINE MEADERS BOOTHSECRETARY
Trustee or director, Officer
4$0$0
JILL NOWAKMEMBER AT LARGE
Trustee or director, Officer
4$0$0
GERALD AXELBAUMDIRECTOR
Trustee or director
2$0$0
AZMY AZMYDIRECTOR
Trustee or director
2$0$0
MARTHA ARONSONDIRECTOR
Trustee or director
2$0$0
CORY BRICKERDIRECTOR
Trustee or director
2$0$0
CARDELIA COLLIER-ROBINSONDIRECTOR
Trustee or director
2$0$0
JENNIFER ENGELINGDIRECTOR
Trustee or director
2$0$0
JENNIE JEAN-JACQUESDIRECTOR
Trustee or director
2$0$0
DEBRA KENNARDDIRECTOR
Trustee or director
2$0$0
KATHERINE KREUSSERDIRECTOR
Trustee or director
2$0$0
LAURA KIPNISDIRECTOR
Trustee or director
2$0$0
CLAYTON EVANSDIRECTOR
Trustee or director
2$0$0
APRIL MICKENS JOLLYDIRECTOR
Trustee or director
4$0$0
JOAN MAGRUDERDIRECTOR
Trustee or director
2$0$0
LAINIE NEIMANDIRECTOR
Trustee or director
2$0$0
DAVID MEYERDIRECTOR
Trustee or director
2$0$0
JORDAN WATSONDIRECTOR
Trustee or director
2$0$0
TOM RUWITCHDIRECTOR
Trustee or director
2$0$0
BETH-ANNE YAKUBUDIRECTOR
Trustee or director
2$0$0
JOHN MILONASDIRECTOR
Trustee or director
2$0$0
BOB SCHMALZDIRECTOR
Trustee or director
2$0$0
HEIDI VERONDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
6825 CLAYTON AVE STE 100, SAINT LOUIS, MO 63139-3749
Principal officer (990 for 2025)
DAVID MEYER, 6825 CLAYTON AVE STE 100, ST LOUIS, MO 63139
Signed the 990
DAVID MEYER, TREASURER
Phone
(314) 725-7990
Return prepared by
UHY ADVISORS MIDWEST INC

Mission

BASED ON A CONVICTION THAT AN EDUCATED SOCIETY IS ESSENTIAL TO A HEALTHY DEMOCRACY, THE SCHOLARSHIP FOUNDATION OF ST. LOUIS SUPPORTS STUDENTS WITH FINANCIAL NEED TO AND THROUGH HIGHER EDUCATION BY PROVIDING SCHOLARSHIP GRANTS, INTEREST-FREE LOANS, AND STUDENT SUPPORT SERVICES.

990 for the year ended December 31, 2025

Program accomplishments

  • OPERATING ON A NONDISCRIMINATORY BASIS, THE FOUNDATION AWARDS SCHOLARSHIP GRANTS AND RENEWABLE INTEREST-FREE, FEE-FREE LOANS TO APPLICANTS WITH SIGNIFICANT FINANCIAL NEED WHO DEMONSTRATE SATISFACTORY ACADEMIC PROGRESS AND GOOD CHARACTER AND ARE FROM THE PROGRAM'S ELIGIBLE SERVICE AREA OR GRADUATE FROM AN ELIGIBLE HIGH SCHOOL. DURING 2025, 546 STUDENTS WERE AWARDED A TOTAL OF $5,409,790 IN SCHOLARSHIP GRANTS AND $1,063,800 IN INTEREST-FREE LOANS.
    Expenses $7,789,660 · grants $6,473,590 · revenue $2,193,889
  • THE FOUNDATION'S STUDENT ADVISING PROGRAM PROVIDES GUIDANCE AND ASSISTANCE TO STUDENTS AND FAMILIES, HELPING THEM NAVIGATE THE PROCESS OF APPLYING FOR FINANCIAL AID AND MAKE ENROLLMENT DECISIONS. STUDENTS WHO RECEIVE SCHOLARSHIP GRANTS OR INTEREST-FREE LOANS FROM THE FOUNDATION ARE ASSIGNED A STUDENT ADVISOR, WHO IS RESPONSIBLE FOR PROVIDING PERSONALIZED SUPPORT AND ADVISING THROUGHOUT COLLEGE.
    Expenses $836,398
  • THE FOUNDATION OFFERS STUDENTS A POLICY FELLOWSHIP PROGRAM AS PART OF THE ORGANIZATION'S COMMITMENT TO SUPPORTING AN EDUCATED SOCIETY. FOUNDATION STUDENTS ARE IN THE STRONGEST POSITION TO LEAD THIS EFFORT SINCE THEY ARE NAVIGATING BARRIERS TO HIGHER EDUCATION. IN 2025, THE FOUNDATION ENGAGED SELECTED STUDENTS IN A POLICY FELLOWSHIP PROGRAM IN WHICH THEY RESEARCHED SPECIFIC ISSUES, DEVELOPED THE FOUNDATION'S POLICY PLATFORM, AND ADVOCATED FOR ITS IMPLEMENTATION AT THE STATE, FEDERAL, AND CAMPUS LEVELS.
    Expenses $268,667

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
43-6031234
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
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$51,445,313
Income (IRS master file)
$30,061,210

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$13,766,230$10,293,378$51,445,313IRS
990December 2024$10,982,931$10,964,665$46,287,097IRS
990December 2023$11,788,636$9,337,176$46,405,455XML
990December 2022$7,587,422$9,042,342$46,466,432IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 43-6031234).

Questions about SCHOLARSHIP FOUNDATION OF ST LOUIS

What is the EIN of SCHOLARSHIP FOUNDATION OF ST LOUIS?
The employer identification number (EIN) of SCHOLARSHIP FOUNDATION OF ST LOUIS is 43-6031234.
Is SCHOLARSHIP FOUNDATION OF ST LOUIS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to SCHOLARSHIP FOUNDATION OF ST LOUIS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SCHOLARSHIP FOUNDATION OF ST LOUIS 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 SCHOLARSHIP FOUNDATION OF ST LOUIS 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 SCHOLARSHIP FOUNDATION OF ST LOUIS 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 SCHOLARSHIP FOUNDATION OF ST LOUIS?
The 990 for the year ended December 31, 2025 names DAVID MEYER.
Who are the officers and directors of SCHOLARSHIP FOUNDATION OF ST LOUIS?
The 990 for the year ended December 31, 2025 lists 41 people; 6 received compensation from the organization, the highest $249,019 (FAITH SANDLER, EXECUTIVE DIRECTOR).
How much revenue does SCHOLARSHIP FOUNDATION OF ST LOUIS have?
On its 990 for the year ended December 31, 2025 it reported revenue of $13,766,230, expenses of $10,293,378 and total assets of $51,445,313 at year end.

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