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Foundation Lookup

Form 990-PFTax year 2025EIN 22-6078909

MC Scholarship Foundation

A private foundation in Newport, RI. Its return for tax year 2025 lists 7 grants and $44,250 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Susan Daly
360 Gibbs Avenue 7
Newport, RI 02840
(401) 862-0356
Form and materials
There is no formal application process. Grants are made to institutions to support scholarships.
Deadlines
See 2b above
Restrictions
None

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $44,250

    Grants listed
    7
    Assets, end of year
    $807,763

  • Tax year 2024

    $45,000

    Grants listed
    8
    Assets, end of year
    $803,330

  • Tax year 2023

    $64,000

    Grants listed
    8
    Assets, end of year
    $769,023

  • Tax year 2022

    $44,000

    Grants listed
    8
    Assets, end of year
    $794,401

  • Tax year 2021

    $47,000

    Grants listed
    8
    Assets, end of year
    $814,250

  • Tax year 2020

    $38,000

    Grants listed
    9
    Assets, end of year
    $785,363

Grants paid in 2025

7 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Mississippi Valley State UniversityItta Bena, MS

    Provide Scholarships

    $11,250
  2. Yale UniversityNew Haven, CT

    Provide scholarships

    $10,000
  3. The Taft SchoolWatertown, CT

    Provide scholarships

    $10,000
  4. University of North FloridaJacksonville, FL

    Provide Scholarships

    $6,000
  5. Individual

    Provide scholarships

    $4,500
  6. Sail NewportNewport, RI

    Provide scholarships

    $1,500
  7. IYRS School of Technology and TradeNewport, RI

    Provide Scholarships

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $10,00087% of the total
  2. Sports and recreation1 grant $1,50013% of the total

By State

Grants to organizations with a US address, latest year.

  1. Connecticut2 grants $20,000
  2. Mississippi1 grant $11,250
  3. Florida1 grant $6,000
  4. Rhode Island2 grants $2,500

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Susan DalyTrustee Hours 0.25Pay $0
  • Timothy BinghamTrustee Hours 0.25Pay $0

The return

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