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Angelo Brothers Company Founders Scholarship Foundation

Profile

Last Updated: 2016-02-04

At A Glance

Angelo Brothers Company Founders Scholarship Foundation

12401 McNulty Rd.

Philadelphia, PA United States 19154-3297

Telephone: (215) 671-2000

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $433,125

Total giving: $20,000

EIN

232825756

BRIDGE Number

4453583733

Background

Established in PA

Purpose and Activities

Scholarship awards to biological or adopted children of full-time employees of Angelo Brothers Co. or an affiliate of Angelo Brothers Co.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Scholarships to children of full-time employees of Angelo Brothers Company or an affiliate.

Scholarship Program

Children of Angelo Brothers Company employees are eligible to apply provided the combined family income of the applicant and his or her parents does not exceed $40,000 per year. Criteria for selection includes academic achievement, financial need, extracurricular activities and achievements, community involvement, economic self-help (e.g., part-time and summer employment of the applicant), and recommendations. Scholarships are renewable up to four years provided the recipient continues to be a matriculated degree candidate, maintains a 3.0 GPA, and has not been the subject of disciplinary punishment for misconduct, or convicted of a criminal charge other than routine traffic violations.

Financial Data

Year ended 2014-12-31

Assets: $433,125 (market value)

Expenditures: $20,000

Total giving: $20,000

Qualifying distributions: $20,000