Scholarship Plus is one of more than 25 incubator programs under the sponsorship of the Fund for the City of New York. The Fund is a nonprofit corporation that is exempt from taxation under section 501(c)(3) of the Internal Revenue Code.
The Fund's mission is to improve quality of life for all New Yorkers by providing strategic organizational support to government and nonprofit organizations. In carrying out that mission, the Fund operates its Incubator Program, which provides support to small nonprofit organizations and provides tax-exempt status.
More information on FCNY can be found here: