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Ron Brown Scholar Fund

Profile

Last Updated: 2015-09-24

At A Glance

Ron Brown Scholar Fund

(formerly CAP Charitable Foundation USA)

1160 Pepsi Pl., Ste. 206

Charlottesville, VA United States 22901-0807

Telephone: (434) 964-1588

URL: www.ronbrown.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2013-12-31)

Assets: $15,473,680

Total giving: $495,641

EIN

541832314

BRIDGE Number

6662537279

Background

Established in 1986 in DE

Purpose and Activities

Giving primarily college scholarships to African-American high school seniors through a scholarship program. Students must be U.S. citizens or have a permanent resident Visa card, attend a 4-year college or university in the U.S., and demonstrate financial need.

Program Area(s)

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

Grants to Individuals Program

Scholarships to academically talented, highly motivated African American students for undergraduate education.

Ron Brown Scholar Program

The program's mission is to accelerate the progress of African Americans into the mainstream of leadership in business, education, government and a wide spectrum of professions, while instilling a strong dedication to leadership and public service.

Fields of Interest

Population Groups
  • People of African descent
  • Young adults

Financial Data

Year ended 2013-12-31

Assets: $15,473,680 (market value)

Gifts received: $2,660,786

Expenditures: $1,655,534

Total giving: $495,641

Qualifying distributions: $1,612,519

Giving activities include:

$495,641 for 75 grants to individuals (high: $30,000; low: $774)