Skip to the page content
Your donations
Passes our checks

Brighthouse Scholar Connections Inc

EIN 88-1318179 · Charlotte, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceFair66 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SCHOLARS SEEKS TO EXPAND EDUCATIONAL OPPORTUNITIES FOR STUDENTS WHO ARE MEMBERS OF HISTORICALLY UNDERREPRESENTED OR DISADVANTAGED POPULATIONS.SCHOLARS WILL GRANT SCHOLARSHIPS FOR FULL-TIME ENROLLMENT OR ATTENDANCE AT A UNIVERSITY, COLLEGE, TRADE SCHOOL OR VOCATIONAL SCHOOL OR OTHER INSTITUTION OF HIGHER EDUCATION AS DESCRIBED IN CODE SECTION 170(B)(1)(A)(II) (AN "EDUCATIONAL INSTITUTION") TO HELP UNDERREPRESENTED OR DISADVANTAGED STUDENTS OVERCOME HISTORIC CHALLENGES WHICH HAVE IMPEDED THEIR ENROLLMENT IN, SUCCESS AT, AND TIMELY GRADUATION FROM, AN EDUCATIONAL INSTITUTION. IT IS EXPECTED THAT SCHOLAR'S CHARITABLE ACTIVITIES, INCLUDING ITS SCHOLARSHIP PROGRAM, WILL BE FUNDED WITH DONATIONS RAISED THROUGH THE CORPORATION'S FUNDRAISING EFFORTS.

Income
$244,524
Spending
$199,861
Spent on programs
77%
Reserves
21.2 months of spending
Largest source of income
donations and private grants, 99%
Employees
0
Volunteers
24

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: 100 out of 100. Higher than 82% of charities in its peer group (education, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 21.2 months of spending.

  • Debt

    20 of 20

    It owes 12% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 18% of income.

  • Income trend

    15 of 15

    Income rose 6% on the year before.

  • Spending floor

    15 of 15

    77% of spending went to programs and raising each dollar of donations cost 0 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

Fair: 66 out of 100. Higher than 61% of charities in its peer group (education, under $250k).

  • Independent board

    5 of 25

    2 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports 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)
  1. $154,553 spent. SCHOLARSHIP PROGRAM:GRANTED 21 SCHOLARSHIPS WHICH ENABLE STUDENTS TO EXPAND THEIR EDUCATIONAL JOURNEY.

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

  1. 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.

  2. 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 November 6, 2026.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 November 4, 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.