GREENWICH SCHOLARSHIP ASSOCIATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: GREENWICH SCHOLARSHIP ASSOCIATION INC (EIN 06-1467698)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2024-12-12
IRS object ID: 202403479349301445
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-12-12T11:07:16-00:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	461036695	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SOLAKIAN & COMPANY LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	580 JOHNS PASS AVENUE	AddressLine1Txt
City	MADEIRA BEACH	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33708	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	061467698	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GREENWICH SCHOLARSHIP ASSOCIATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GREE	BusinessNameControlTxt
Phone	7322138495	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 4627	AddressLine1Txt
City	GREENWICH	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06831	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CATHERINE HOLDEN	PersonNm
Person Title	COPRESIDENT	PersonTitleTxt
Phone	7322138495	PhoneNum
Signature	2024-12-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL SOLAKIAN	PreparerPersonNm
PTIN	P01260810	PTIN
Phone	2032156541	PhoneNum
Preparation	2024-12-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	CATHERINE HOLDEN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 4627	AddressLine1Txt
City	GREENWICH	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06831	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,386,913	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.GREENWICHSCHOLARSHIP.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1972	FormationYr
Legal Domicile State	CT	LegalDomicileStateCd
Activity Or Mission	PROVIDE NEED-BASED FINANCIAL ASSISTANCE FROM ITS OWN FUNDS AND VARIOUS SPONSORS TO GRADUATING GREENWICH STUDENTS FOR THE STUDENTS HIGHER EDUCATION.	ActivityOrMissionDesc
Voting Members Governing Body	20	VotingMembersGoverningBodyCnt
Voting Members Independent	20	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$1,828,433	PYContributionsGrantsAmt
CY Contributions Grants	$1,268,139	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$58,461	PYInvestmentIncomeAmt
CY Investment Income	$118,774	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$1,886,894	PYTotalRevenueAmt
CY Total Revenue	$1,386,913	CYTotalRevenueAmt
PY Grants And Similar Paid	$557,004	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$521,816	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$45,232	PYOtherExpensesAmt
CY Other Expenses	$170,219	CYOtherExpensesAmt
PY Total Expenses	$602,236	PYTotalExpensesAmt
CY Total Expenses	$692,035	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,284,658	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$694,878	CYRevenuesLessExpensesAmt
Total Assets BOY	$5,231,302	TotalAssetsBOYAmt
Total Assets EOY	$6,682,933	TotalAssetsEOYAmt
Total Liabilities BOY	$681,692	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$827,610	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,549,610	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$5,855,323	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDE NEED-BASED FINANCIAL ASSISTANCE FROM ITS OWN FUNDS AND VARIOUS SPONSORS TO GRADUATING GREENWICH STUDENTS FOR THE STUDENTS HIGHER EDUCATION.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$692,035	ExpenseAmt
Grant	$521,816	GrantAmt
Desc	GREENWICH SCHOLARSHIP ASSOCIATION PROVIDES FINANCIAL ASSISTANCE FROM ITS OWN FUNDS AND VARIOUS SPONSORS TO APPROXIMATELY 100 HIGH SCHOOL SENIORS IN GREENWICH SCHOOLS FOR THE STUDENTS HIGHER EDUCATION.	Desc
Total Program Service Expenses	$692,035	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	20	GoverningBodyVotingMembersCnt
Independent Voting Member	20	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CT	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	SZE LING WAN	PersonNm
Phone	7322138495	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 4627	AddressLine1Txt
City	GREENWICH	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06831	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
BJERKE SAREETA
CP STUDENTS	001.00	Yes (X)	$0	$0	$0
BREA MARIA
DIRECTOR	001.00	Yes (X)	$0	$0	$0
CHAPMAN JUDY
DIRECTOR	001.00	Yes (X)	$0	$0	$0
DOBRYN LESLIE
DIRECTOR	001.00	Yes (X)	$0	$0	$0
FIKRE BENVENUTO CRISTINA
DIRECTOR	001.00	Yes (X)	$0	$0	$0
GILBERT MARLENE
SECRETARY	001.00	Yes (X)	$0	$0	$0	Yes (X)
HAGSTROM LOUISE
DIRECTOR	001.00	Yes (X)	$0	$0	$0
HAIDINGER TERRI
DIRECTOR	001.00	Yes (X)	$0	$0	$0
HOLDEN CATHERINE
CO-PRESIDENT	001.00	Yes (X)	$0	$0	$0	Yes (X)
WAN SZE LING
TREASURER	001.00	Yes (X)	$0	$0	$0	Yes (X)
LAFFAN NANETTE
SPONSOR LIAISON	001.00	Yes (X)	$0	$0	$0
LYNCH JENNIFER
GHS LIAISON	001.00	Yes (X)	$0	$0	$0
MERRILL MARIA
DIRECTOR	001.00	Yes (X)	$0	$0	$0
PORT JENNIFER
LEGAL COUNSEL	001.00	Yes (X)	$0	$0	$0	Yes (X)
SCHNUR JULIET
VP ADMINISTRATION	001.00	Yes (X)	$0	$0	$0	Yes (X)
TURKELTAUB GAIL
DIRECTOR	001.00	Yes (X)	$0	$0	$0
MURDOCK ANNE
DIRECTOR	001.00	Yes (X)	$0	$0	$0
POWERS RACHEL
INDEPENDENT SCHOOL LIAISON	001.00	Yes (X)	$0	$0	$0
SYGALL STACY
DIRECTOR	001.00	Yes (X)	$0	$0	$0
CASSIDY JOYCE
DIRECTOR	001.00	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
All Other Contributions	$1,268,139	AllOtherContributionsAmt
Total Contributions	$1,268,139	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$118,774	TotalRevenueColumnAmt
Related Or Exempt Func Income	$118,774	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,386,913	TotalRevenueColumnAmt
Related Or Exempt Func Income	$118,774	RelatedOrExemptFuncIncomeAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$521,816	TotalAmt
Program Services	$521,816	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
ADMINISTRATIVE EXPENSES	$45,969	$45,969
PASS-THROUGH AND RENEWABLE SCHOLARSHIPS	$124,250	$124,250

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$692,035	TotalAmt
Program Services	$692,035	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$704,798	BOYAmt
EOY	$628,744	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$16,500	BOYAmt
EOY	$18,000	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$4,510,004	BOYAmt
EOY	$6,036,189	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,231,302	BOYAmt
EOY	$6,682,933	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$681,692	BOYAmt
EOY	$827,610	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$681,692	BOYAmt
EOY	$827,610	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,219,364	BOYAmt
EOY	$964,055	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,330,246	BOYAmt
EOY	$4,891,268	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,549,610	BOYAmt
EOY	$5,855,323	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,231,302	BOYAmt
EOY	$6,682,933	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$694,878	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$610,835	NetUnrlzdGainsLossesInvstAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$599,413	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$698,786	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,363,843	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,828,432	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,268,139	CurrentTaxYearAmt
Total	$5,758,613	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$599,413	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$698,786	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,363,843	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,828,432	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,268,139	CurrentTaxYearAmt
Total	$5,758,613	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$2,163,493	SubstantialContributorsTotAmt
Public Support Total170	$3,595,120	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$36,812	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$43,109	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$55,812	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$58,461	CurrentTaxYearMinus1YearAmt
Current Tax Year	$118,774	CurrentTaxYearAmt
Total	$312,968	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$6,071,581	TotalSupportAmt
Public Support CY170	0.59210	PublicSupportCY170Pct
Public Support PY170	0.60960	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Incl Escrow Custodial Acct Liab	false	InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$4,549,610	BeginningYearBalanceAmt
Contributions	$1,268,139	ContributionsAmt
Investment Earnings Or Losses	$729,609	InvestmentEarningsOrLossesAmt
Other Expenditures	$692,035	OtherExpendituresAmt
End Year Balance	$5,855,323	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,979,899	BeginningYearBalanceAmt
Contributions	$1,828,433	ContributionsAmt
Investment Earnings Or Losses	$343,514	InvestmentEarningsOrLossesAmt
Other Expenditures	$602,236	OtherExpendituresAmt
End Year Balance	$4,549,610	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,570,660	BeginningYearBalanceAmt
Contributions	$1,363,843	ContributionsAmt
Investment Earnings Or Losses	-$439,736	InvestmentEarningsOrLossesAmt
Other Expenditures	$514,868	OtherExpendituresAmt
End Year Balance	$2,979,899	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,937,662	BeginningYearBalanceAmt
Contributions	$698,786	ContributionsAmt
Investment Earnings Or Losses	$462,474	InvestmentEarningsOrLossesAmt
Other Expenditures	$528,262	OtherExpendituresAmt
End Year Balance	$2,570,660	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,812,228	BeginningYearBalanceAmt
Contributions	$599,413	ContributionsAmt
Investment Earnings Or Losses	$50,041	InvestmentEarningsOrLossesAmt
Other Expenditures	$519,528	OtherExpendituresAmt
Administrative Expenses	$4,492	AdministrativeExpensesAmt
End Year Balance	$1,937,662	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.20000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.12000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.68000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc
Financial derivatives and other financial products
Closely-held equity interests

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
Federal income taxes
SCHOLARSHIPS PAYABLE	$519,765
DEFERRED AND PREFUNDED SCHOLARSHIPS PAYABLE	$307,845

Field	Value	IRS element (for citing)
Total Liability	$827,610	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$1,997,748	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$610,835	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$610,835	RevenueNotReportedAmt
Revenue Subtotal	$1,386,913	RevenueSubtotalAmt
Total Revenue Per Form990	$1,386,913	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$692,035	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$692,035	ExpensesSubtotalAmt
Total Expenses Per Form990	$692,035	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
X 2	THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10. AS A RESULT OF THE IMPLEMENTATION, THE ORGANIZATION DID NOT RECOGNIZE ANY LIABILITY FOR UNCERTAIN TAX POSITIONS.
V 4	THE ENDOWMENT FUND MONIES ARE USED IN CONNECTION WITH THE AWARDING OF CERTAIN SPECIFIED SCHOLARSHIP TO GRADUATING HIGH SCHOOL STUDENTS ON A NEED BASIS AND FIELD OF STUDY.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	COLLEGE SCHOLARSHIPS	GrantTypeTxt
Recipient	102	RecipientCnt
Cash Grant	$521,816	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I Line 2	FormAndLineReferenceDesc
Explanation	SCHOLARSHIP CHECKS ARE WRITTEN TO THE SCHOOLS WITH THE STIPULATION THAT IF THE STUDENT DOES NOT MATRICULATE THE SCHOLARSHIP IS RETURNED TO GSA. IF THE STUDENT ATTENDS AND THEN DROPS OUT OF SCHOOL, THE UNUSED PORTION OF THE SCHOLARSHIP IS RETURNED TO GSA. GSA MONITORS THE SCHOLARSHIP CHECKS CLEARED BY THE BANK AND OUTSTANDING CHECKS. MEMBERS OF THE GSA BOARD ARE IN CONTACT WITH THE COLLEGES TO ENSURE COMPLIANCE.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11B	THE RETURN PREPARED BY THE PREPARER IS REVIEWED BY THE PRESIDENT AND TREASURER PRIOR TO FILING WITH THE IRS. ALSO, A COPY IS EMAILED TO EACH BOARD MEMBER FOR THEIR REVIEW.
Form 990, Part VI, Section B, Line 12C	THERE IS AN ANNUAL REVIEW TO CONFIRM THAT THERE ARE NO CONFLICTS OF INTEREST WITH ANY TRUSTEE, BOARD COMMITTEE MEMBER, OR EMPLOYEE. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS BASED ON THE ANNUAL REVIEW AND IF IT APPEARS THERE ARE ANY CONFLICTS THE BOARD WOULD REVIEW SUCH CONFLICT. IF THE CONFLICT INVOLVED A BOARD MEMBER, IT WOULD RESULT IN THEIR REMOVAL FROM THE BOARD.
Form 990, Part VI, Section B, Line 19	THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE ON GUIDESTAR.ORG. IN ADDITION, THE FORMS 1023 AND 990 AS WELL AS THE AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS BUSINESS OFFICE.