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Somerset County Foundation

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uuid000582b

Namestring
Somerset County Foundation
Legal namestring
Somerset County Foundation for Higher Education
Websiteurl
scfhe.org
Company typeenum
Private
Founded yearint
1994
Descriptiontext

Somerset County Foundation for Higher Education (SCFHE) is a 501(c)(3) nonprofit founded in 1994 and headquartered in Somerset, Pennsylvania. It provides educational financial assistance — scholarships and low-interest student loans — exclusively to residents of Somerset County pursuing post-secondary education. Its product set comprises three programs: a Nursing Scholarship Program (developed in partnership with Allegheny College of Maryland), a General Scholarship Fund, and a Low-Interest Student Loan offering. Over 30+ years, SCFHE reports awarding more than $790,000 in scholarships to roughly 4,000 students; the Fall 2024 cycle disbursed $39,255. SCFHE has also secured an $845,043 grant from the Appalachian Regional Commission in March 2022, the largest single capital event in its history.

SCFHE operates as a small, community-embedded foundation: it is governed by a 14-member volunteer board and staffed by a single part-time Executive Director (Suzanne Funa). Its operating model is grassroots-driven, with revenue sourced from individual donations, foundation grants, an annual community fundraiser called Marathon Dog Month, and modest interest income from student loans. The technology footprint is minimal — a WordPress-based public website — with AI used only for content and code generation under human review. Recipient pipelines are maintained through formal partnerships with Allegheny College of Maryland, Somerset County Technology Center, UPMC Somerset, Community Foundation for the Alleghenies, Somerset Area School District, and Somerset County Commissioners.

The foundation's value proposition is fundamentally local rather than scalable: it is a low-overhead mechanism for channeling community and regional-development capital into Somerset County's post-secondary student base. Product, distribution, and beneficiary base are all hyper-local to Somerset County, PA, and there is no evidence of geographic expansion, vertical diversification, or technology-led differentiation in the available data.

Short descriptiontext

Somerset County Foundation for Higher Education is a Somerset, Pennsylvania-based 501(c)(3) nonprofit that provides scholarships and low-interest student loans to Somerset County residents pursuing post-secondary education, funded by community donations, foundation grants, and an annual fundraiser.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersSomerset, United States
HQ citystring
Somerset
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
scholarship fund services, education financial assistance, low-interest student loans, nursing scholarship program, nonprofit fundraising events
Industry2 codes
1College Access, Scholarships & Student Success Nonprofits
CodeBPAGADAEPrimaryYes
2Private Student Loans (Undergraduate & Graduate)
CodeFSAKAEABPrimaryNo
NAICS code2 codes
  • Educational Support Services6117
  • Grantmaking Foundations813211
SIC code1 code
  • Services-Educational Services8200
Product category
Nonprofit Education Financial Assistance / Scholarship and Loan Services
No data
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Individual Donations (Tax-Deductible)
TypeOthers
Description

501(c)(3) tax-deductible donations accepted via online form or printable donor contribution form. Supports four designated funds: General Scholarship Fund, Nursing Scholarship Program, Low-Interest Student Loans, and Where Needed Most. Payment methods include check, bank transfer/ACH, credit card (contacted for processing), and in-person at office.

scfhe.org
2Recurring Giving (Monthly & Annual)
TypeSubscription Recurring
Description

Donors can opt into monthly recurring or annual recurring gifts in addition to one-time gifts. Pledges for future commitments are also accepted.

scfhe.org
3Marathon Dog Month Event Registrations
TypeTransaction Fee
Description

Fundraising event where participants pay registration fees to walk 26.2 miles with their dog over a month. Pricing: $26.20 for single dog, $50-$75 for two dogs. Funds support Somerset County student scholarships.

scfhe.org
4Low-Interest Student Loan Interest
TypeManaged Services
Description

SCFHE provides low-interest student loans to county residents bridging financial aid gaps. Revenue generated through interest on these loans (below-market rates with flexible repayment and no prepayment penalties).

scfhe.org
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Pricing details4 tiers
1Suggested donation tiers: $25, $50, $100, $250, $500, or custom amount
ModelOtherBilling cadencePay-as-you-go
Notes

Preset donation amounts offered via online form: $25, $50, $100, $250, $500, with an 'Other' custom amount option. Donor may designate to one of four funds. Tax-deductible to extent allowed by law.

scfhe.org
2Recurring donation options: Monthly or Annual recurring, plus future Pledges
ModelSubscriptionBilling cadenceMonthly
Notes

Donors can choose One-Time Gift, Monthly Recurring, Annual Recurring, or Pledge (future commitment). Same suggested tiers apply.

scfhe.org
3Marathon Dog Month: Single Dog $26.20, Two Dogs $50-$75
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Participants walk 26.2 miles with their dog(s) over a month. Registration packages: $26.20 for single dog; $50-$75 for two dogs. Optional free download of 2026 registration form from website.

scfhe.org
4Scholarship & Loan programs: amount varies by Board decision
ModelOutcome Based/ PerformanceBilling cadenceMulti-year contract
Notes

General Scholarship Fund: multiple award amounts, renewable annually, open to all Somerset County residents. Nursing Scholarship Program: full tuition support available. Low-Interest Student Loans: below-market interest rates, flexible repayment, no prepayment penalties. Application deadline June 30, 2026 for 2026-2027 academic year.

scfhe.org
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

The Somerset County Foundation for Higher Education (SCFHE) is a 501(c)(3) nonprofit that provides scholarships, tuition assistance, and low-interest student loans exclusively to Somerset County, Pennsylvania residents pursuing post-secondary education. Its portfolio includes a flagship Nursing Scholarship Program (full tuition at Allegheny College of Maryland Somerset site), a General Scholarship Fund for any post-secondary program, and below-market-rate student loans with no prepayment penalties. Funding comes from tax-deductible donations across four designated funds and the signature annual Marathon Dog Month community fundraiser.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • $790,000+ in scholarships awarded to nearly 4,000 students over 30+ years
+4 more records
Product overview1 text field

SCFHE operates a single unified program portfolio centered on making higher education accessible for Somerset County, Pennsylvania residents, comprising three core financial-aid offerings (the Nursing Scholarship Program with Allegheny College of Maryland, the General Scholarship Fund, and Low-Interest Student Loans) supported by an annual community fundraising event (Marathon Dog Month). Since 1994, the foundation has awarded over $790,000 in scholarships to nearly 4,000 students and operates as a registered 501(c)(3) nonprofit governed by a 14-member board of directors.

Product and service4 records
1Nursing Scholarship Program
CategoryScholarship / Nursing Education Financing
Description

Flagship scholarship program providing financial support to students pursuing nursing degrees at the Allegheny College of Maryland Somerset site, with full tuition support available and a partnership pipeline into local healthcare facilities such as UPMC Somerset. Has produced over 65 nursing graduates serving the Somerset County community.

2General Scholarship Fund
CategoryScholarship / Post-Secondary Education Financing
Description

Financial assistance for Somerset County, PA residents pursuing any form of post-secondary education, including universities, community colleges, and vocational programs. Offers multiple award amounts determined by the Board, is renewable annually, and is open to all eligible county residents.

3Low-Interest Student Loans
CategoryEducation Loan / Student Financing
Description

Affordable education-financing product that provides low-interest student loans to Somerset County residents to bridge the gap between financial aid and the actual cost of education, featuring below-market interest rates, flexible repayment terms, and no prepayment penalties.

4Marathon Dog Month
CategoryFundraising Event / Community Engagement
Description

SCFHE's signature annual community fundraising event in which participants walk 26.2 miles with their dog over the course of a month, paying registration fees ($26.20 for a single dog, $50–$75 for two dogs) to raise funds for Somerset County student scholarships. Includes a Hall of Champions recognizing finishing dogs.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierFlagship - Core To Nursing ProgramTypeStrategic or Co-development Partner
Description

Academic partner hosting SCFHE's flagship Nursing Scholarship Program. Students pursue nursing degrees at the ACM Somerset site with full tuition support available through SCFHE scholarships. 65+ nursing graduates have been produced. Direct community healthcare impact.

Strategic tierCore - Supports Vocational PathwayTypeStrategic or Co-development Partner
Description

Educational facility partner providing vocational training pathway for Somerset County residents. Listed as a community partner supporting SCFHE's mission to make higher education accessible.

Strategic tierCore - Supports Nursing Workforce PipelineTypeImplementation/ SI/ Consulting Partner
Description

Healthcare partner that benefits from the local nursing pipeline produced by SCFHE's Nursing Scholarship Program. Nursing graduates serve at UPMC Somerset and other local healthcare facilities, providing direct community healthcare impact.

Strategic tierMinor - Sector PeerTypeStrategic or Co-development Partner
Description

Foundation partner listed in SCFHE's community partner network. As a regional foundation serving the Alleghenies area, likely supports shared goals around regional education and community development.

Strategic tierCore - K-12 FeederTypeGTM or Marketing Partner
Description

K-12 education partner that channels graduating high school students toward SCFHE's post-secondary scholarship opportunities. Listed in the community partner network.

Strategic tierCore - Government EndorsementTypeGTM or Marketing Partner
Description

Government partner providing official support for SCFHE's mission. Listed as a community partner and represented on the Board of Directors (which includes members from government).

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Regional community foundation serving the Alleghenies region of Pennsylvania (including Somerset County). Already a partner of SCFHE; directly comparable as a community foundation deploying scholarship and grant capital in the same geography.

TypeDirect peer
Description

Pennsylvania-based community foundation administering scholarship funds and supporting post-secondary education access across Central PA. Closely comparable operating model: pooled/community funds, scholarships, and donor-advised education grants.

TypeDirect peer
Description

Community foundation serving Centre County, PA — a small-to-mid rural county setting comparable to Somerset. Administers scholarship funds for county residents pursuing higher education, directly analogous to SCFHE's mission.

TypeDirect peer
Description

Pennsylvania community foundation administering scholarship and education grant programs for local residents. Comparable structure: county-focused, scholarship + loan-style support, governed by local board.

TypeBroad incumbent
Description

One of the largest community foundations in Pennsylvania, with significant scholarship, education-access, and workforce programs. Comparable mission and geography-adjacent, but at much larger scale and broader scope.

TypeBroad incumbent
Description

Regional foundation serving West Virginia and southwestern Pennsylvania (including Appalachian communities adjacent to Somerset County) with education and workforce-development grantmaking. Comparable mission, broader geographic footprint.

TypeOthers
Description

Federal economic-development agency that has actually funded SCFHE (the $845,043 grant in 2022). Comparable as a funder of rural Appalachian education/workforce initiatives; relevant for understanding SCFHE's grant pipeline rather than as a peer in scholarship delivery.

TypeBroad incumbent
Description

State-level provider of student aid, grants, and low-cost loans for Pennsylvania residents pursuing post-secondary education. Direct overlap with SCFHE's loan-and-scholarship offering, but at much larger scale and statewide rather than county-specific.

TypeDirect peer
Description

Pennsylvania-based rural community foundation operating scholarship and grant programs for county residents. Closely comparable operating scale and structure to SCFHE.

TypeBroad incumbent
Description

National nonprofit that designs, manages, and administers scholarship programs for employers, communities, and foundations. Comparable mission (community-based scholarship access), but operates nationally and at much larger scale with a professional services model rather than a single county focus.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Somerset County Foundation

Nonprofit Education Financial Assistance / Scholarship and Loan Servicesscfhe.org

Somerset County Foundation for Higher Education is a Somerset, Pennsylvania-based 501(c)(3) nonprofit that provides scholarships and low-interest student loans to Somerset County residents pursuing post-secondary education, funded by community donations, foundation grants, and an annual fundraiser.

What Somerset County Foundation does

Somerset County Foundation for Higher Education (SCFHE) is a 501(c)(3) nonprofit founded in 1994 and headquartered in Somerset, Pennsylvania. It provides educational financial assistance — scholarships and low-interest student loans — exclusively to residents of Somerset County pursuing post-secondary education. Its product set comprises three programs: a Nursing Scholarship Program (developed in partnership with Allegheny College of Maryland), a General Scholarship Fund, and a Low-Interest Student Loan offering. Over 30+ years, SCFHE reports awarding more than $790,000 in scholarships to roughly 4,000 students; the Fall 2024 cycle disbursed $39,255. SCFHE has also secured an $845,043 grant from the Appalachian Regional Commission in March 2022, the largest single capital event in its history.

SCFHE operates as a small, community-embedded foundation: it is governed by a 14-member volunteer board and staffed by a single part-time Executive Director (Suzanne Funa). Its operating model is grassroots-driven, with revenue sourced from individual donations, foundation grants, an annual community fundraiser called Marathon Dog Month, and modest interest income from student loans. The technology footprint is minimal — a WordPress-based public website — with AI used only for content and code generation under human review. Recipient pipelines are maintained through formal partnerships with Allegheny College of Maryland, Somerset County Technology Center, UPMC Somerset, Community Foundation for the Alleghenies, Somerset Area School District, and Somerset County Commissioners.

The foundation's value proposition is fundamentally local rather than scalable: it is a low-overhead mechanism for channeling community and regional-development capital into Somerset County's post-secondary student base. Product, distribution, and beneficiary base are all hyper-local to Somerset County, PA, and there is no evidence of geographic expansion, vertical diversification, or technology-led differentiation in the available data.

Somerset County Foundation firmographics

Firmographics
Name
Somerset County Foundation
Legal name
Somerset County Foundation for Higher Education
Website
https://scfhe.org
Company type
Private
Founded year
1994
Operating status
Operating
Short description
Somerset County Foundation for Higher Education is a Somerset, Pennsylvania-based 501(c)(3) nonprofit that provides scholarships and low-interest student loans to Somerset County residents pursuing post-secondary education, funded by community donations, foundation grants, and an annual fundraiser.
Ownership category
akta.pro rank

Somerset County Foundation industry classification

Industry
Product category
Nonprofit Education Financial Assistance / Scholarship and Loan Services
NAICS
Educational Support Services (6117), Grantmaking Foundations (813211)
SIC
Services-Educational Services (8200)
akta.pro primary industry
College Access, Scholarships & Student Success Nonprofits (BPAGADAE)
akta.pro secondary industry
Private Student Loans (Undergraduate & Graduate) (FSAKAEAB)

Keywords

  • Scholarship fund services
  • Education financial assistance
  • Low-interest student loans
  • Nursing scholarship program
  • Nonprofit fundraising events

Where Somerset County Foundation is headquartered

Location

Headquarters

HQ city
Somerset
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Somerset County Foundation business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

  1. Individual Donations (Tax-Deductible): 501(c)(3) tax-deductible donations accepted via online form or printable donor contribution form. Supports four designated funds: General Scholarship Fund, Nursing Scholarship Program, Low-Interest Student Loans, and Where Needed Most. Payment methods include check, bank transfer/ACH, credit card (contacted for processing), and in-person at office.
  2. Recurring Giving (Monthly & Annual): Donors can opt into monthly recurring or annual recurring gifts in addition to one-time gifts. Pledges for future commitments are also accepted.
  3. Marathon Dog Month Event Registrations: Fundraising event where participants pay registration fees to walk 26.2 miles with their dog over a month. Pricing: $26.20 for single dog, $50-$75 for two dogs. Funds support Somerset County student scholarships.
  4. Low-Interest Student Loan Interest: SCFHE provides low-interest student loans to county residents bridging financial aid gaps. Revenue generated through interest on these loans (below-market rates with flexible repayment and no prepayment penalties).

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goSuggested donation tiers: $25, $50, $100, $250, $500, or custom amount
SubscriptionMonthlyRecurring donation options: Monthly or Annual recurring, plus future Pledges
One time/ perpetual licensePay-as-you-goMarathon Dog Month: Single Dog $26.20, Two Dogs $50-$75
Outcome Based/ PerformanceMulti-year contractScholarship & Loan programs: amount varies by Board decision

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Somerset County Foundation product offering

Product offering

Core offering

The Somerset County Foundation for Higher Education (SCFHE) is a 501(c)(3) nonprofit that provides scholarships, tuition assistance, and low-interest student loans exclusively to Somerset County, Pennsylvania residents pursuing post-secondary education. Its portfolio includes a flagship Nursing Scholarship Program (full tuition at Allegheny College of Maryland Somerset site), a General Scholarship Fund for any post-secondary program, and below-market-rate student loans with no prepayment penalties. Funding comes from tax-deductible donations across four designated funds and the signature annual Marathon Dog Month community fundraiser.

Product overview

SCFHE operates a single unified program portfolio centered on making higher education accessible for Somerset County, Pennsylvania residents, comprising three core financial-aid offerings (the Nursing Scholarship Program with Allegheny College of Maryland, the General Scholarship Fund, and Low-Interest Student Loans) supported by an annual community fundraising event (Marathon Dog Month). Since 1994, the foundation has awarded over $790,000 in scholarships to nearly 4,000 students and operates as a registered 501(c)(3) nonprofit governed by a 14-member board of directors.

Differentiator

Problem solved

Functional benefit

Products and services

  • Nursing Scholarship Program Flagship scholarship program providing financial support to students pursuing nursing degrees at the Allegheny College of Maryland Somerset site, with full tuition support available and a partnership pipeline into local healthcare facilities such as UPMC Somerset. Has produced over 65 nursing graduates serving the Somerset County community.
  • General Scholarship Fund Financial assistance for Somerset County, PA residents pursuing any form of post-secondary education, including universities, community colleges, and vocational programs. Offers multiple award amounts determined by the Board, is renewable annually, and is open to all eligible county residents.
  • Low-Interest Student Loans Affordable education-financing product that provides low-interest student loans to Somerset County residents to bridge the gap between financial aid and the actual cost of education, featuring below-market interest rates, flexible repayment terms, and no prepayment penalties.
  • Marathon Dog Month SCFHE's signature annual community fundraising event in which participants walk 26.2 miles with their dog over the course of a month, paying registration fees ($26.20 for a single dog, $50–$75 for two dogs) to raise funds for Somerset County student scholarships. Includes a Hall of Champions recognizing finishing dogs.

Quantifiable outcome

  • $790,000+ in scholarships awarded to nearly 4,000 students over 30+ years
  • +4 more outcomes

Companies that use Somerset County Foundation

Customer profile

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Somerset County Foundation technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature3 records

Somerset County Foundation partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered flagship - core to nursing program, core - supports vocational pathway, core - supports nursing workforce pipeline, minor - sector peer, core - k-12 feeder and core - government endorsement.

  • Allegheny College of Maryland (Somerset Site)flagship - core to nursing programStrategic or Co-development PartnerAcademic partner hosting SCFHE's flagship Nursing Scholarship Program. Students pursue nursing degrees at the ACM Somerset site with full tuition support available through SCFHE scholarships. 65+ nursing graduates have been produced. Direct community healthcare impact.
  • Somerset County Technology Centercore - supports vocational pathwayStrategic or Co-development PartnerEducational facility partner providing vocational training pathway for Somerset County residents. Listed as a community partner supporting SCFHE's mission to make higher education accessible.
  • UPMC Somersetcore - supports nursing workforce pipelineImplementation/ SI/ Consulting PartnerHealthcare partner that benefits from the local nursing pipeline produced by SCFHE's Nursing Scholarship Program. Nursing graduates serve at UPMC Somerset and other local healthcare facilities, providing direct community healthcare impact.
  • Community Foundation for the Allegheniesminor - sector peerStrategic or Co-development PartnerFoundation partner listed in SCFHE's community partner network. As a regional foundation serving the Alleghenies area, likely supports shared goals around regional education and community development.
  • Somerset Area School Districtcore - k-12 feederGTM or Marketing PartnerK-12 education partner that channels graduating high school students toward SCFHE's post-secondary scholarship opportunities. Listed in the community partner network.
  • Somerset County Commissionerscore - government endorsementGTM or Marketing PartnerGovernment partner providing official support for SCFHE's mission. Listed as a community partner and represented on the Board of Directors (which includes members from government).

Scale indicators10 records

Recent moves6 records

Expansion highlights4 records

Somerset County Foundation competitors and assessment

Company assessment

Direct peers

  • Community Foundation for the Alleghenies: Regional community foundation serving the Alleghenies region of Pennsylvania (including Somerset County). Already a partner of SCFHE; directly comparable as a community foundation deploying scholarship and grant capital in the same geography.
  • The Foundation for Enhancing Communities (TFEC): Pennsylvania-based community foundation administering scholarship funds and supporting post-secondary education access across Central PA. Closely comparable operating model: pooled/community funds, scholarships, and donor-advised education grants.
  • Centre Foundation: Community foundation serving Centre County, PA — a small-to-mid rural county setting comparable to Somerset. Administers scholarship funds for county residents pursuing higher education, directly analogous to SCFHE's mission.
  • The Erie Community Foundation: Pennsylvania community foundation administering scholarship and education grant programs for local residents. Comparable structure: county-focused, scholarship + loan-style support, governed by local board.
  • Adams County Community Foundation: Pennsylvania-based rural community foundation operating scholarship and grant programs for county residents. Closely comparable operating scale and structure to SCFHE.

Broad incumbents

  • The Pittsburgh Foundation: One of the largest community foundations in Pennsylvania, with significant scholarship, education-access, and workforce programs. Comparable mission and geography-adjacent, but at much larger scale and broader scope.
  • Claude Worthington Benedum Foundation: Regional foundation serving West Virginia and southwestern Pennsylvania (including Appalachian communities adjacent to Somerset County) with education and workforce-development grantmaking. Comparable mission, broader geographic footprint.
  • Pennsylvania Higher Education Assistance Agency (PHEAA): State-level provider of student aid, grants, and low-cost loans for Pennsylvania residents pursuing post-secondary education. Direct overlap with SCFHE's loan-and-scholarship offering, but at much larger scale and statewide rather than county-specific.
  • Scholarship America: National nonprofit that designs, manages, and administers scholarship programs for employers, communities, and foundations. Comparable mission (community-based scholarship access), but operates nationally and at much larger scale with a professional services model rather than a single county focus.

Others

  • Appalachian Regional Commission: Federal economic-development agency that has actually funded SCFHE (the $845,043 grant in 2022). Comparable as a funder of rural Appalachian education/workforce initiatives; relevant for understanding SCFHE's grant pipeline rather than as a peer in scholarship delivery.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Somerset County Foundation compliance and trust

Trust signal

Compliance1 record

Somerset County Foundation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Somerset County Foundation leadership team

Management profile

Number of profiles

Profiles5 records

Somerset County Foundation funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Somerset County Foundation M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Somerset County Foundation

What does Somerset County Foundation do?

The Somerset County Foundation for Higher Education (SCFHE) is a 501(c)(3) nonprofit that provides scholarships, tuition assistance, and low-interest student loans exclusively to Somerset County, Pennsylvania residents pursuing post-secondary education. Its portfolio includes a flagship Nursing Scholarship Program (full tuition at Allegheny College of Maryland Somerset site), a General Scholarship Fund for any post-secondary program, and below-market-rate student loans with no prepayment penalties. Funding comes from tax-deductible donations across four designated funds and the signature annual Marathon Dog Month community fundraiser.

Is Somerset County Foundation a public or private company?

Somerset County Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Somerset County Foundation founded?

Somerset County Foundation was founded in 1994.

Where is Somerset County Foundation based?

Somerset County Foundation is headquartered in Somerset, United States, in the North America region.

How does Somerset County Foundation make money?

Four revenue lines are on record. Individual Donations (Tax-Deductible) is the primary driver. The others are recurring Giving (Monthly & Annual), marathon Dog Month Event Registrations and low-Interest Student Loan Interest.

Who are Somerset County Foundation's main competitors?

Direct peers on record are Community Foundation for the Alleghenies, The Foundation for Enhancing Communities (TFEC), Centre Foundation, The Erie Community Foundation and Adams County Community Foundation. Broad incumbents are The Pittsburgh Foundation, Claude Worthington Benedum Foundation, Pennsylvania Higher Education Assistance Agency (PHEAA) and Scholarship America. Appalachian Regional Commission is listed as an others.

Does Somerset County Foundation have an API?

No public API is recorded for Somerset County Foundation.

What industry is Somerset County Foundation in?

Somerset County Foundation's product category is Nonprofit Education Financial Assistance / Scholarship and Loan Services. Its primary akta.pro industry code is BPAGADAE, College Access, Scholarships & Student Success Nonprofits, with a secondary code of FSAKAEAB, Private Student Loans (Undergraduate & Graduate). Its NAICS code is 6117 and its SIC code is 8200.

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