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Filing year 2023

INDEPENDENT COLLEGE FUND OF MARYLAND INC

Annapolis, Maryland·EIN 52-0692469·NTEE B82Z · Education·3
Total revenue
$138k
Total assets
$383k
Total expenses
$170k
Reported officers
4
Mission

THE MISSION OF THE I-FUND IS TO PROVIDE COLLEGE ACCESS, CHOICE AND OPPORTUNITIES BY RAISING FUNDS, PRINCIPALLY FROM BUSINESSES AND FOUNDATIONS, TO PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS ATTENDING I-FUND MEMBER INSTITUTIONS. THE I-FUND STRIVES TO EXPAND EDUCATIONAL OPPORTUNITIES TO DIVERSIFY LEADERSHIP IN THE CIVIC, CORPORATE, AND POLITICAL COMMUNITIES; TO STRENGTHEN THE DEMOCRATIC PROCESS BY PREPARING PEOPLE TO REASON AND DISCERN TRUTH; AND TO ENRICH THE LEARNING ENVIRONMENT BY PROVIDING SUPPORT FOR NEW PROGRAMS, TECHNOLOGIES AND OTHER RESOURCES. THE I-FUND'S PROGRAMS INCLUDE UNRESTRICTED SUPPORT, A POOLED SCHOLARSHIP FUND, NAMED SCHOLARSHIPS, AND DESIGNATED SCHOLARSHIPS.

Reported officers (all unpaid)

No paid executives reported in 2023. INDEPENDENT COLLEGE FUND OF MARYLAND INC reported 4 unpaid officers and board members on its 990.

President
Secretary
Treasurer
Managing Director
Sector benchmark

What Education executives earn in Maryland

INDEPENDENT COLLEGE FUND OF MARYLAND INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in Maryland earns a median of $91,755.

25th percentile
$41k
Median
$91,755
75th percentile
$179k
90th percentile
$376k

These are education sector-wide figures, not this organization's reported pay. Based on 518 organizations across 518 filings (2022 – 2024).

See full Education pay data for Maryland
FAQ

Common questions about INDEPENDENT COLLEGE FUND OF MARYLAND INC

What are INDEPENDENT COLLEGE FUND OF MARYLAND INC's revenue and expenses?

In 2023, INDEPENDENT COLLEGE FUND OF MARYLAND INC reported $138k in total revenue and $170k in total expenses on its IRS Form 990.

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