Well Told Grants

Foundations / Illinois

Scholar Dollars NFP

Preselected recipients only Buffalo Grove, Illinois · EIN 364765433

Scholar Dollars NFP is a private foundation in Buffalo Grove, Illinois. In tax year 2025 it gave $43,500 in 29 grants; the typical grant was $1,500 and the largest $1,500. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2025.

Giving in 2025 was down from $45,000 the year before.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$36,00023$4,578
2024$45,00028$4,563
2025$43,50029$6,048

How to apply

Scholar Dollars NFP says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

What Scholar Dollars NFP funds

Where it gives

Its grants went to recipients in 4 states, the most to Illinois.

StateGrantsAmount
Illinois24$36,000
Arizona2$3,000
Wisconsin2$3,000
Indiana1$1,500

Grants paid in 2025

All 29 grants
RecipientPurposeAmount
Individual
IN
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
WI
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
AZ
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
AZ
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
WI
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500
Individual
IL
Academic scholarship$1,500

Officers and trustees

As listed in Part VIII of the 2025 filing.

Questions people ask

Does Scholar Dollars NFP accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Scholar Dollars NFP give?

$43,500 in tax year 2025, across 29 grants, with a typical grant of $1,500.

Who runs Scholar Dollars NFP?

Its 2025 filing lists Marc Malnati (President) and Stuart Cohen (Treasurer).

What does Scholar Dollars NFP fund?

Based on its grants, mainly education.

Similar foundations in Illinois