Islamic Scholarship Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Islamic Scholarship Fund's mission is to support American Muslim storytelling & increase representation in fields & occupations that make public policy & influence public opinion by providing scholarships, internships, fellowships, film grants, & mentorship opportunities.
- Income
- $1.9 million
- Spending
- $1.3 million
- Spent on programs
- 72%
- Reserves
- 9.3 months of spending
- Largest source of income
- donations and private grants, 86%
- Employees
- 6
- Volunteers
- 100
- Highest pay
- $140,000, executive dir.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 83% of charities in its peer group (education, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 9.3 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 31% of income.
Income trend
15 of 15Income rose 90% on the year before.
Spending floor
15 of 1572% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 47% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $954,798 spent. Islamic Scholarship Fund has provided critical access and opportunities to over 661 individuals, with 746 prestigious awards since our launch in 2009, including over $3.67 million in funding. In 2024 alone, we awarded over $557,550 to our latest cohort. ISF awarded 58 scholarships to students totaling $259,500; awarded film grants totaling $118,250 to support Muslim storytelling; provided 14 screenwriters the opportunity to have their scripts produced, acted, and directed; advanced the ISF Artist Support program that provides filmmakers with unique script writing and production support; placed and funded thirteen trailblazing emerging leaders as congressional interns on Capitol Hill; placed four judicial interns with judges to give them access to the judicial system, and provided 6 bar scholarships.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2007.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.