Marine Corps Scholarship Foundation

Based on its 2022 tax return, we calculate that the Marine Corps Scholarship Foundation spent 30.7 percent of its $17.2 million budget on overhead. This is higher than our recommended 25 percent maximum overhead spending.

Additionally, the net assets of the Marine Corps Scholarship Foundation equal 7.71 times its annual budget of $17.2 million. This may be an indication that the group is spending too little of its donations on programs. We recommend net assets exceed no more than 3 years of the group’s annual budget.

Furthermore, the 2022 tax return of the Air Force Aid Society showed the group had $24,313 invested outside the United States.

We do not recommend giving to the Marine Corps Scholarship Foundation. See our lists of Highly Recommended Charities and Recommended Charities for alternatives.

To honor Marines by educating their children.