The Iranian Scholarship Foundation (ISF), based in Menlo Park, California, is a 501(c)(3) nonprofit organization (TIN 20-3100594). Under United States tax law, ISF is a tax-exempt organization. ISF operates exclusively for charitable purposes and is governed by a Board of Trustees.
ISF applies the strictest standards regarding responsibility and transparency in the stewardship of its funds. We make publicly available our federal tax returns for the preceding three years.
Click below for our federal tax returns:
The ISF staff is composed entirely of volunteers; we do not have any paid employees and no funds whatsoever are used to pay for staff. All of our administrative costs are generously donated by our leadership, allowing 100% of donations to go straight to the students. Funding for our scholarships is raised entirely through fundraising events and private donations.
ISF is truly a community effort. Since its inception, the organization has enjoyed significant and steady growth in annual contributions and has received over $3.7 million (USD) in donations for its scholarship funds.
The organization has not received any funds whatsoever from any government or any organization belonging to any government. All of the members of the ISF Board of Trustees and all Committee members do not receive any compensation from ISF and are themselves donors to the fund. The children of the committee members and board of trustees are not allowed to apply for ISF scholarships.