Aim Higher Foundation

ST PAUL, MN EIN: 46-3935682 Website

THE AIM HIGHER FOUNDATION (AHF) PROVIDES SCHOLARSHIPS TO STUDENTS FROM FAMILIES WITH DEMONSTRATED FINANCIAL NEED WHO SEEK A CATHOLIC EDUCATION FOR THEIR CHILDREN

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$5.5M

-11.5% YoY

Annual Giving

$2.5M

+8.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$2.5M

+8.8% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$5,490,835$6,203,962$6,907,513
Revenue$2,308,093$2,095,192$2,912,547
Expenses$3,338,691$2,991,736$2,745,766
Qualifying Distributions
Net Investment Income$166,417$84,626$84,049
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$631K$1M$2M$3M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED SCHEDULE$2.5M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Aim Higher Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RICHARD R AUSTIN IIIPRESIDENT$169K

From 2024 filing

NameTitleHoursCompensation
DONAL MULLIGANSECRETARY3
FATHER JOHN UBELFORMER TREASURER1
SARAH SCHUMACHERTREASURER3
MARY SCHAFFNERBOARD CHAIR5
AIDA SCHAEFERBOARD MEMBER1
BARRY LIESKEBOARD MEMBER1
BRENT FREDERICKBOARD MEMBER1
FATHER CHRIS COLLINSBOARD MEMBER1
JACKIE DAYLORBOARD MEMBER1
JEFF CACHATBOARD MEMBER1
JOE DONNELLYBOARD MEMBER1
JULIE HURLEYBOARD MEMBER1
MARGARET REQUETBOARD MEMBER1
PAUL HERROBOARD MEMBER1
RICHARD R AUSTIN IIIPRESIDENT60$168,577

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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