GrantAuthority

National Merit Scholarship Corporation

Grantmaking foundation in Evanston, Illinois · EIN 36-2307745

Total giving
$33MTax year 2025
Total assets
$160MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

The mission of National Merit Scholarship Corporation (NMSC) is to recognize and honor the academically talented students of the United States. NMSC accomplishes its mission by conducting nationwide academic scholarship programs. The enduring goals of NMSC's scholarship programs are: to promote a wider and deeper respect for learning in general and for exceptionally talented individuals in particular; to shine a spotlight on brilliant students and encourage the pursuit of academic excellence at all levels of education; and to stimulate increased support from individuals and organizations that wish to sponsor scholarships for outstanding scholastic talent.

Quoted from the foundation's IRS filing.

Giving by year

$37M2021
$40M2022
$36M2023
$35M2024
$33M2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
United Negro College Fund$2.1M2021

Amounts are rounded. The full grantee list is available with a free account.

Website: nms.org

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Similar foundations in Illinois

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.