2021-03-24T09:28:38-07:00 2020-09-30 261726741 WATSONRICE LLP 5 PENN PLZ 15TH FL NEW YORK NY 10001 990 2019-10-01 521962712 SCORE Foundation SCOR 8006340245 1165 Herndon Parkway Suite 100 Herndon VA 20170 Jessica Pisano Vice President 2021-03-24 true Baruti Bediako CPA P00740658 2124477300 2019 2022-09-23 18:48:47Z Jessica Pisano 1165 Herndon Parkway Suite 100 Herndon VA 20170 2147948 false X www.scorefoundation.org X 1996 DC The score foundation suppports the score association in its mission to foster vibrant small business communities through mentoring and education. 19 19 8 500 0 1061043 1789696 73500 40000 13744 7143 0 1148287 1836839 216640 187558 0 517898 399638 0 104290 673043 684027 1407581 1271223 -259294 565616 1208316 1843683 126765 196516 1081551 1647167 The score foundation suppports the score association in its mission to foster vibrant small business communities through mentoring and education. false false 658167 Special InitiativesEducational Content: The SCORE Foundation supported educational content, tools and resources for SCORE.org to help small business owners and startups succeed. This included the virtual conference, business templates, e-guides, checklists, videos and online workshops.Small Business Resilience: The SCORE Foundation funded the Small Business Resilience program, which allowed SCORE to bring all mentoring and educational services to virtual platforms amid the pandemic shutdowns. This Small Business Resilience program provided training, resources, and remote mentoring providing the small businesses the help they needed to adapt and succeed. 40541 Chapter Workshop Grants: Driven by our dedicated volunteers, SCORE chapters offer in person and online workshops to aspiring and in-business entrepreneurs to address the many challenges they face when starting, growing or closing a business. Through select partnerships, the SCORE Foundation awards grants to the chapters hosting these educational workshops. 10403 40000 The SCORE Association National Leadership Conference: In 2020, SCORE and the foundation held the conference online bring together more than 300 leaders from around the country. 709111 true true false true false false false false false false false false false false true true true true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 6 0 true 8 true false false false false false false false 0 false false false false false false false X 19 19 false false true false false false false true true false false true true true true true true true true false AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY X Rick Peluso 8006340245 1165 Herndon Parkway Suite 100 Herndon VA 20170 Jessica Pisano Vice President 40.00 0.00 X 186190 0 17231 Rick Peluso V.P. Finance 4.80 35.00 X 31978 141252 13004 Elizabeth Dougert V.P. Ext. Rel. 6.00 31.00 27481 130463 20333 John Fuqua Vice President 5.00 35.00 X 5860 75894 5961 Larry Tucker Chairman 1.00 1.00 X X 0 0 0 Fred Glave Treasurer 1.00 2.00 X X 0 0 0 Mary Landry Vice Chair 1.00 8.00 X X 0 0 0 Scott Harkins Director 1.00 8.00 X 0 0 0 Mukesh Asarpota Director 1.00 1.00 X 0 0 0 James Capolongo Director 1.00 1.00 X 0 0 0 Cherylyn Harley LeBon Director 1.00 1.00 X 0 0 0 Susan Hartman Director 1.00 1.00 X 0 0 0 Patricia Loftus Director 1.00 1.00 X 0 0 0 John McCloskey Director 1.00 1.00 X 0 0 0 Perri Richman Director 1.00 1.00 X 0 0 0 Michael Sandman Director 1.00 1.00 X 0 0 0 Tracy Shaw Director 1.00 1.00 X 0 0 0 Nancy Strojny Director 1.00 2.00 X 0 0 0 Luke Walling Director 1.00 1.00 X 0 0 0 Ronald Weiss Director 1.00 1.00 X 0 0 0 Ian Williams Director 1.00 1.00 X 0 0 0 David Zechman Director 1.00 1.00 X 0 0 0 Bob Manza Director 1.00 1.00 X 0 0 0 251509 347609 56529 1 false true false Price Waterhouse Coopers LLP PO Box 7247-8001 Philadelphia PA 19170 SCORE Leadership Survey 107500 1 1789696 1789696 Leadership Conference 900099 40000 40000 40000 6232 6232 0 0 0 312020 311109 911 911 911 0 0 0 0 1836839 40000 7143 187558 187558 0 0 0 236296 187932 48364 0 72213 68088 4125 0 60642 43295 17347 30487 24390 6097 0 17274 17274 35100 35100 678 678 0 0 32787 32787 0 31598 10526 21072 6213 2314 3899 0 0 17823 14437 3386 0 10403 10403 0 0 0 5238 5238 Special Initiatives 400444 400444 General Support 70165 70165 Chapter and District 40541 40541 Bad Debt 10114 10114 5649 5649 1271223 709111 457822 104290 208377 1709944 705511 4970 288985 111870 0 0 0 0 0 5238 7964 0 0 0 0 0 205 8935 1208316 1843683 102313 178068 24452 18448 126765 196516 X 40407 795430 1041144 851737 1081551 1647167 1208316 1843683 565616 X false true X true false X X 1 Service Corps of Retired Executives 521067290 7 true 709111 0 1 709111 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 678 false false 678 false false Part II-B, Line 1i - Other Activities Description Cost for SCORE staff to meet with officials on SCORE funding. Other Liabilities 18448 18448 X 1836839 1836839 1836839 1271223 1271223 1271223 Part X : FIN48 Footnote The Foundation recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. The Foundation has determined that it does not have any material unrecognized tax benefits or obligations as of September 30, 2020 and 2019. true Service Corps of Retired Exc 1165 Herndon Parkway Ste100 Herndon VA 20170 521067290 501(c)(3) 187558 0 To Support Supported Organziation 1 0 X X X X X true false false false false false false false false Elizabeth Dougert V.P. Ext. Rel. 25481 119083 2000 11380 1529 9357 9447 29010 149267 Jessica Pisano Vice President 158065 28125 9484 7747 203421 Rick Peluso V.P. Finance 19478 131981 12500 9271 584 4822 7598 32562 153672 Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents ARTICLE IVSection 1. Charitable and EducationalThe Foundation is chartered as a nonprofit corporation for charitable and educational purposes. It was organized, and it shall at all times be operated, exclusively for the benefit of, to perform the functions of, and to carry out the purposes of the Service Corps of Retired Executives Association (SCORE Association.) It shall at all times operate in support of and be controlled by the SCORE Association, and it shall not be controlled directly or indirectly by one or more disqualified persons (as that term is defined in Internal Revenue Code Section 4946) other than its foundation managers and the SCORE Association. As such, the Foundation comes within the meaning of Internal Revenue Code Sections 501(c)(3) and 509(a)(3), and has tax exempt status under Federal and District of Columbia law.Section 2. Funds and AssetsNo part of the funds and assets of the Foundation shall inure to the personal benefit of or be distributed to its individual members, directors, officers or other private persons, except that the Foundation is authorized and empowered to pay reasonable compensation for services rendered and to make payments and reimbursements to further the purposes set forth in its corporate charter. Upon dissolution of the Foundation, all assets of the organization shall be transferred to the SCORE Association.Section 3. NondiscriminationThe Foundation shall not discriminate in its membership or in any of its activities against any person because of race, religion, color, national origin, sex, age, marital status, sexual orientation or disability.Section 4. Nonpartisan ActivitiesThe Foundation shall be nonpartisan.ARTICLE VMEMBERSHIPThere shall be no voting members of the Foundation. All voting rights shall be vested with the Board of Directors (Board).Article VI- Board of Directors(viii) Selecting and terminating the employment of the Executive Director of the Foundation, including reviewing and approving the terms of his/her employment agreement.The Executive Director shall report directly to both the Board and to the Foundation Committee of the SCORE Association, and shall have the primary staff responsibility for:Section 2. Board Meetings (a)A simple majority of the Directors shall constitute a quorum for the transaction of business at any Board meeting. (b)Regular Meetings of the Board(a) shall be held in the second, third and fourth quarters of each fiscal year and may be held at a time and place designated by the Chair. Under emergency circumstances, any such dates may be changed by the Chair with reasonable notice to Directors.(c)The annual meeting shall be held in the first quarter of each fiscal year, which ends each September 30.(d)All Board meetings may be conducted by electronic means as long as all through the use of any means of communication by which all Directors participating may simultaneously hear each other during the meeting. A Director participating in a meeting by this means shall be considered to be present in person at the meeting(g)Board meetings shall be open to the SCORE Association members, except when the Board meets in Executive Session. Article VII Section 1 the Board shall have a Chair, a Vice Chair, a Secretary and a Treasurer, who shall at all times be the then-current Chair, Vice Chair, Secretary and Treasurer of the SCORE Association, serving ex officio. Any two offices may be held by the same person, except the offices of Chair andSection 2. Officer CompensationThe Foundation shall not pay any compensation to officers for services rendered, except that officers may reimbursed for reasonable expenses incurred in the performance of their duties to the Foundation, in reasonable amounts as approved by the majority of the entire Board. Officers will be reimbursed only once for expenses incurred in connection with meetings where the business of both the Foundation and the business of both the Corporation and SCORE Association are transacted.Section 3-6. DutiesThe Duties of the office and board were updated to include all good governance best practices. Section 7. VacanciesIn the event of a vacancy in the office of Chair, the Vice-Chair shall succeed to the office for the balance of the Chair's unexpired term. In the event of a vacancy in any other office, the Board shall elect a Director to fill the unexpired term of that office.Article VII Section 2. Other Standing Committees of the Board(A) Audit, Finance, Nominations and governance, and Leadership and Compensation(B) The Board may create and dissolve committees for any other proper purpose, may Governance Committee shall elect each committee's membership except its own. The Board shall elect the membership of the Nominating and Governance Committee.Article IX Notices Notices required to be sent to any person shall be sent to the person's last known post office address with sufficient postage to insure delivery and to the persons last known e-mail address. Such mailing shall be deemed conclusive evidence of the proper service of such notice.ARTICLE XII AMENDMENTSProposed amendments to these Bylaws shall be submitted in writing to the Board no less than fourteen (14) days before the meeting at which the proposed amendments will be voted on. A two-thirds (2/3) vote of all of the Directors shall be required to amend the Bylaws. Form 990, Part VI, Line 11b: Form 990 Review Process THE FINAL FORM 990 IS REVIEWED BY SENIOR STAFF AND THE AUDIT COMMITTEEPRIOR TO BEING PRESENTED TO THE FULL BOARD OF DIRECTORS FOR FINAL REVIEWAND APPROVAL. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts MEMBERS OF THE BOARD ARE REQUIRED TO SIGN THE CODE OF ETHICS ANNUALLY. ITIS CONSISTENTLY MONITORED AND ANY MEMBER'S VIOLATION OF THE CODE OF ETHICSIS IMMEDIATELY EXAMINED. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management EXECUTIVE COMPENSATION IS DETERMINED AND APPROVED ANNUALLY BY A COMPENSATION COMMITTEE COMPOSED OF BOARD MEMBERS. MINUTES FOR THE COMMITTEE MEETINGS ARE RECORDED AND APPROVED BY THE COMMITTEE. IN DETERMINING EXECUTIVE COMPENSATION, THE COMMITTEE EMPLOYS NUMEROUS OUTSIDE SOURCES TO COMPARE AND EVALUATE COMPENSATION LEVELS AND BENEFITS AS WELL AS CONSIDERING PERFORMANCE, TENURE AND BUDGET. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE FOUNDATION DOES NOT MAKE AVAILABLE COPIES OF ITS ORGANIZING DOCUMENTS,CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS TO THE PUBLIC. THE ANNUAL REPORT IS MADE AVAILABLE TO THE PUBLIC ON THE FOUNDATION'S WEBSITE. Service Corps Retired Executives Assoc 1165 Herndon Parkway Sutie 100 Herndon VA 20170 521067290 Provide Technical & Managerial Guidance DC 501(c)(3) 7 N/A false false true false true false false false false false false false true true false false true false false false