MC Scholarship Foundation
Accepts applications
MC Scholarship Foundation is a private foundation in Newport, Rhode Island. In tax year 2025 it gave $44,250 in 7 grants; the typical grant was $6,000 and the largest $11,250. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$44,250
- Number of grants7
- Typical grant$6,000
- Largest grant$11,250
- Assets$1.1 million
- New grantees50%
Giving in 2025 was down from $45,000 the year before.
50% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $64,000 | 8 | $938,217 |
| 2024 | $45,000 | 8 | $971,500 |
| 2025 | $44,250 | 7 | $1.1 million |
How to apply
| Contact | Susan Daly 360 Gibbs Avenue 7, Newport, RI 02840 |
|---|---|
| Phone or email | (401) 862-0356 |
| What to submit | There is no formal application process. Grants are made to institutions to support scholarships. |
| Deadlines | See 2b above |
What MC Scholarship Foundation funds
Where it gives
Its grants went to recipients in 4 states, the most to Connecticut.
| State | Grants | Amount |
|---|---|---|
| Connecticut | 2 | $20,000 |
| Mississippi | 1 | $11,250 |
| Florida | 2 | $10,500 |
| Rhode Island | 2 | $2,500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Mississippi Valley State University | Provide Scholarships | $11,250 |
| Yale University | Provide scholarships | $10,000 |
| The Taft School | Provide scholarships | $10,000 |
| University of North Florida | Provide Scholarships | $6,000 |
| Episcopal School of Jacksonville | Provide scholarships | $4,500 |
| Individual | Provide scholarships | $1,500 |
| IYRS School of Technology and Trade | Provide Scholarships | $1,000 |
Officers and trustees
- Susan Daly
- Timothy Bingham
Questions people ask
Does MC Scholarship Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: See 2b above.
How much does MC Scholarship Foundation give?
$44,250 in tax year 2025, across 7 grants, with a typical grant of $6,000.
Who runs MC Scholarship Foundation?
Its 2025 filing lists Susan Daly (Trustee) and Timothy Bingham (Trustee).
What does MC Scholarship Foundation fund?
Based on its grants, mainly education.