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Vietnam Scholarship Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$168k (2024)

Expenses
$96k (2024)

Total Assets
$444k (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$168,024
Expenses
$96,045
Net Income
$71,979
Net Assets
$444,025
Notable Sources of Revenue Percent of Total Revenue
Contributions $151,522
90.2%
Program Services $0
Investment Income $16,502
9.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $444,025
Total Liabilities $0
Net Assets $444,025
Compensation
Key Employees and Officers Compensation Related Other
Hoa Lam (Board Member) $0 $0 $0
Florence O Quinn (Chair Person) $0 $0 $0
Michael Grainger (Treasurer) $0 $0 $0
Gary Ly (Vice Chairman) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,818
Expenses
$102,214
Net Income
-$58,396
Net Assets
$374,280
Notable Sources of Revenue Percent of Total Revenue
Contributions $40,942
93.4%
Program Services $0
Investment Income $2,876
6.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $374,280
Total Liabilities $0
Net Assets $374,280
Compensation
Key Employees and Officers Compensation Related Other
Hoa Lam (Board Member) $0 $0 $0
Florence O Quinn (Board Member) $0 $0 $0
Gary Ly (Vice Chairman) $0 $0 $0
Michael Grainger (Treasurer) $0 $0 $0
Tam Nguyen (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$214,982
Expenses
$89,014
Net Income
$125,968
Net Assets
$435,577
Notable Sources of Revenue Percent of Total Revenue
Contributions $214,942
100.0%
Program Services $0
Investment Income $40
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $435,577
Total Liabilities $0
Net Assets $435,577
Compensation
Key Employees and Officers Compensation Related Other
Rebecca Adams (Secretary) $0 $0 $0
Florence O Quinn (Board Member) $0 $0 $0
Gary Ly (Vice Chairman) $0 $0 $0
Michael Grainger (Treasurer) $0 $0 $0
Tam Nguyen (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$33,858
Expenses
$85,912
Net Income
-$52,054
Net Assets
$309,995
Notable Sources of Revenue Percent of Total Revenue
Contributions $33,821
99.9%
Program Services $0
Investment Income $37
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $309,995
Total Liabilities $0
Net Assets $309,995
Compensation
Key Employees and Officers Compensation Other
Michael Grainger (Treasurer) $0 $0
Tam Nguyen (Chairman) $0 $0
Gary Ly (Vice Chairman) $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$21,795
Expenses
$69,317
Net Income
-$47,522
Net Assets
$392,474
Notable Sources of Revenue Percent of Total Revenue
Contributions $21,795
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $392,474
Total Liabilities $0
Net Assets $392,474
Compensation
Key Employees and Officers Compensation Other
Michael Grainger (Treasurer) $0 $0
Tam Nguyen (Chairman) $0 $0
Gary Ly (Vice Chairman) $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$125,040
Expenses
$103,776
Net Income
$21,264
Net Assets
$409,168
Notable Sources of Revenue Percent of Total Revenue
Contributions $124,894
99.9%
Program Services $0
Investment Income $146
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $409,168
Total Liabilities $0
Net Assets $409,168
Compensation
Key Employees and Officers Compensation Other
Michael Grainger (Treasurer) $0 $0
Tam Nguyen (Chairman) $0 $0
Diem Thuy (Vice Chairman) $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$147,827
Expenses
$120,685
Net Income
$27,142
Net Assets
$387,854
Notable Sources of Revenue Percent of Total Revenue
Contributions $147,580
99.8%
Program Services $0
Investment Income $247
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $387,854
Total Liabilities $0
Net Assets $387,854
Compensation
Key Employees and Officers Compensation Other
Michael Grainger (Treasurer) $0 $0
Tam Nguyen (Chairman) $0 $0
Diem Thuy (Vice Chairman) $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$118,479
Expenses
$82,580
Net Income
$35,899
Net Assets
$358,712
Notable Sources of Revenue Percent of Total Revenue
Contributions $123,613
> 100%
Program Services $0
Investment Income $213
0.2%
Net Fundraising -$5,347
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $358,712
Total Liabilities $0
Net Assets $358,712
Compensation
Key Employees and Officers Compensation Other
Gary Ly (President) $0 $0
My Linh Thai (Vice President) $0 $0
Fred Angeles (Secretary) $0 $0
Tyler Du Lam (Treasurer) $0 $0
Diem Thuy Tran (Board Member) $0 $0
Tuong Nguyen (Board Member) $0 $0
Quynh Vuong (Board Member) $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$145,822
Expenses
$43,219
Net Income
$102,603
Net Assets
$322,813
Notable Sources of Revenue Percent of Total Revenue
Contributions $136,401
93.5%
Program Services $0
Investment Income $119
0.1%
Net Fundraising $9,302
6.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $322,813
Total Liabilities $0
Net Assets $322,813

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$90,127
Expenses
$41,028
Net Income
$49,099
Net Assets
$223,897
Notable Sources of Revenue Percent of Total Revenue
Contributions $72,237
80.2%
Program Services $0
Investment Income $93
0.1%
Net Fundraising $17,797
19.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $236,216
Total Liabilities $12,319
Net Assets $223,897

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$69,100
Expenses
$43,707
Net Income
$25,393
Net Assets
$174,798
Notable Sources of Revenue Percent of Total Revenue
Contributions $62,470
90.4%
Program Services $0
Investment Income $133
0.2%
Net Fundraising $6,498
9.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $174,798
Total Liabilities $0
Net Assets $174,798

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$62,769
Expenses
$48,508
Net Income
$14,261
Net Assets
$149,404
Notable Sources of Revenue Percent of Total Revenue
Contributions $57,656
91.9%
Program Services $0
Investment Income $124
0.2%
Net Fundraising $4,989
7.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $149,404
Total Liabilities $0
Net Assets $149,404

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$59,970
Expenses
$41,805
Net Income
$18,165
Net Assets
$135,143
Notable Sources of Revenue Percent of Total Revenue
Contributions $57,896
96.5%
Program Services $0
Investment Income $118
0.2%
Net Fundraising $1,956
3.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $135,143
Total Liabilities $0
Net Assets $135,143

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$67,717
Expenses
$42,373
Net Income
$25,344
Net Assets
$124,384
Notable Sources of Revenue Percent of Total Revenue
Contributions $65,710
97.0%
Program Services $0
Investment Income $92
0.1%
Net Fundraising $1,915
2.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $124,384
Total Liabilities $0
Net Assets $124,384

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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