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The Clarence Schock Foundation

Profile

Last Updated: 2016-04-22

At A Glance

The Clarence Schock Foundation

(formerly The SICO Foundation)

15 Mount Joy St., P.O. Box 127

Mount Joy, PA United States 17552-1417

URL: www.clarenceschockfoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2013-12-31)

Assets: $16,251,515

Total giving: $1,149,650

EIN

236298332

BRIDGE Number

7926741861

Background

Incorporated in 1941 in DE

Purpose and Activities

The foundation promotes higher education through scholarships for students who are attending Cheney University, Kutztown University, Millersville University, Shippensburg University, and West Chester University, all of which are located in PA. It is the mission of the foundation to help to develop in students, the intellectual, personal, and social capabilities they need to achieve their highest potential, and to succeed as good citizens and capable professionals who contribute to the well-being of their community.

Program Area(s)

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

Grants to Individuals Program

Scholarships to students attending certain Pennsylvania institutions and residing in specific counties for higher education.

Scholarship Program

Scholarships are awarded in the amount of $6,000, payable at $1,200 for freshman year, $1,600 for sophomore year, $1,800 for junior year, and $2,000 for senior year. Students applying for scholarship must apply to one of the five participating universities on a full-time basis, and must be a legal resident of the following PA counties: Adams, Berks, Chester, Cumberland, Dauphin, Delaware, Lancaster, Lebanon, and York and be a graduate of a secondary school in one of the same counties. The participating universities are: Cheyney University, Kutztown University, Millersville University, Shippensburg University, and West Chester University. The recipient must remain full-time at the university of initial enrollment.

Fields of Interest

Subjects
  • Education
  • Higher education
  • Undergraduate education
  • University education
Population Groups
  • Academics
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2013-12-31

Assets: $16,251,515 (market value)

Gifts received: $740

Expenditures: $1,740,254

Total giving: $1,149,650

Qualifying distributions: $1,705,581

Giving activities include:

$1,149,650 for 12 grants (high: $250,000; low: $16,350)