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Asset Transfer Between Two Organizations Supporting Students

MERIT Health Leadership Academy (“Merit”) is a nonprofit supporting Baltimore City students pursuing careers in health and STEM fields. CollegeBound Foundation works within Baltimore public schools to provide college counseling services. Following a period of leadership transitions and financial instability, MERIT determined they would transfer all assets to CollegeBound Foundation as the best way to sustain its mission and expand impact. The SeaChange-Lodestar Fund provided a grant to cover the legal implementation costs.

Grant Information

Grant Amount: $15,000

Year Granted: 2026

Grantee: CollegeBound Foundation

Location: MD - Maryland

Grantee Website: CollegeBound Foundation