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    Nsb Caps

    ActiveEducation
    NEW SMYRNA BEACH, FLWebsite3864282934EIN: 59-32985902 filings on record

    About Nsb Caps

    Since 1995, NSB CAPS is dedicated to helping New Smyrna Beach High School graduates continue their education by providing scholarships and support to increase college access and success.

    Focus Areas

    ScholarshipsPostsecondary educationYouth developmentAlumni engagement

    Who They Fund

    New Smyrna Beach High School graduatesrecent high school graduates pursuing postsecondary educationlocal youth seeking vocational training or college enrollment

    Funding Style

    direct financial assistance (scholarships)barrier reduction for postsecondary accessindividual-level support and mentorshipsupport for education-to-career pathways

    About Nsb Caps

    A recurring scholarship relationship with New Smyrna Beach High School defines Nsb Caps Inc. In 2023 and 2024, the foundation directed its two largest recent grants to the school for student scholarships, keeping its support focused on helping local graduates move into postsecondary education. That pattern matches the foundation’s long-running purpose: since 1995, it has aimed to help New Smyrna Beach High School graduates continue their education and increase college access and success. The foundation’s giving centers on education pathways after high school, with scholarships as the main vehicle and accredited colleges, universities, and vocational schools as the destination. Its stated beneficiary group is New Smyrna Beach High School graduates, along with recent graduates pursuing postsecondary education. The grant program description also points to support for vocational training, college enrollment, and transition into further study. Leadership is listed under Carissa Peterson, and the organization reports annual grants of $123,800 against assets of $1,012,111. Its grantmaking is local and entirely within Florida, reinforcing a tightly defined community orientation rather than a broad regional or national portfolio.

    What Nsb Caps Funds

    Scholarships are the clearest cause area for Nsb Caps Inc. The active NSB CAPS Scholarships program provides support for New Smyrna Beach High School graduates who plan to attend accredited colleges, universities, or vocational schools. That gives the foundation a direct role in helping graduates cover the transition into postsecondary education. The same education-to-career pathway appears in its broader topic profile, which includes vocational and technical training funding, college access and retention supports, and financial barrier removal for higher education. Those themes fit the foundation’s stated purpose of increasing college access and success for local graduates. Youth development is another part of the picture. The existing summary describes support for New Smyrna Beach High School graduates to continue their education, which places the foundation’s work at the point where high school completion turns into the next step after graduation.

    How Nsb Caps Gives

    Typical awards are tightly clustered: the reported p25 is $61,150, the median is $61,900, and the p75 is $62,650. That narrow spread suggests a standardized scholarship model rather than highly variable grant sizes. The recent grants table also shows two awards of similar size in consecutive years, which fits a repeatable annual pattern. Nsb Caps Inc. is not a funder of individuals, and it does not make program-related investments. Its active program does not accept unsolicited applications.

    Financial Snapshot

    Annual Giving

    $124K

    Total Assets

    $1M

    Total Revenue

    $119K

    Total Expenses

    $65K

    Typical Grant Size

    Most grants fall between $61K and $63K, with a median of $62K.

    25th Percentile

    $61K

    Median

    $62K

    75th Percentile

    $63K

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in FL.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    CARISSA PETERSON

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    Topics

    postsecondary scholarshipsvocational and technical training fundingcollege access and retention supportsyouth development and transitional supportfinancial barrier removal for higher education

    Where Nsb Caps Makes Grants

    Nsb Caps Inc. gives locally, with 100% of grants going to recipients in Florida. The recent grants list places both awards in New Smyrna Beach, Florida, and the program description names New Smyrna Beach and Volusia County as its geography. Grant activity is concentrated in a single state and a single community, matching the foundation’s scholarship focus for New Smyrna Beach High School graduates.

    Frequently Asked Questions About Nsb Caps

    What does Nsb Caps Inc fund?

    Its core program is NSB CAPS Scholarships, which support New Smyrna Beach High School graduates attending accredited colleges, universities, or vocational schools. The broader topic profile also includes postsecondary scholarships, vocational and technical training funding, college access and retention supports, and youth development.

    Who can benefit from its grants?

    The stated beneficiaries are New Smyrna Beach High School graduates, recent high school graduates pursuing postsecondary education, and local youth seeking vocational training or college enrollment. The scholarship program is specifically tied to graduates of New Smyrna Beach High School.

    How large are its typical grants?

    Typical grant sizes are very consistent: p25 is $61,150, the median is $61,900, and p75 is $62,650. The recent grants table also shows awards of $63,400 in 2023 and $60,400 in 2024.

    Does Nsb Caps Inc accept unsolicited applications?

    No. The active NSB CAPS Scholarships program is marked as not accepting unsolicited requests. The foundation’s support is structured through its defined scholarship program for New Smyrna Beach High School graduates.

    Is its giving local or broad geographically?

    Its giving is local. All reported grants go to recipients in Florida, and the recent grants list places the awards in New Smyrna Beach, Florida. The active program description also names New Smyrna Beach and Volusia County as its geography.

    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    NEW SMYRNA BEACH HIGH SCHOOLNEW SMYRNA BEACH, FL$60,4002024STUDENT SCHOLARSHIPS
    NEW SMYRNA BEACH HIGH SCHOOLNEW SMYRNA BEACH, FL$63,4002023STUDENT SCHOLARSHIPS

    NEW SMYRNA BEACH HIGH SCHOOL

    $60,400
    NEW SMYRNA BEACH, FL2024

    STUDENT SCHOLARSHIPS

    NEW SMYRNA BEACH HIGH SCHOOL

    $63,400
    NEW SMYRNA BEACH, FL2023

    STUDENT SCHOLARSHIPS