THANKS TO SCANDINAVIA INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
THANKS TO SCANDINAVIA INC (EIN 13-6192361)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-01-29
IRS object ID
202010299349300216
Schema version
2018v3.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-01-29T09:20:40-06:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221655803PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DORFMAN ABRAMS MUSIC LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1250 PEHLE AVE SUITE 702AddressLine1Txt
CitySADDLE BROOKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07663ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN136192361EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THANKS TO SCANDINAVIA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTHANBusinessNameControlTxt
Phone3478554109PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12218 BROADWAY NO 205AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10024ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAURIE NETTER SPRAYREGENPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3478554109PhoneNum
Signature2020-01-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPATRICIA DIAZ CPAPreparerPersonNm
PTINP01362006PTIN
Phone2014039750PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address47.22.41.242IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-01-13IPDt
IP Tm11:44:42IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id4D0B496993390993D5C14B07749AEA7CEF37E552AtSubmissionCreationDeviceId
At Submission Filing Device Id93356747C663C1F5D715FCF80A3F28583848DBEDAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-22 18:59:49ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLAURIE NETTER SPRAYREGENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12218 BROADWAY NO 205AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10024ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,000,121GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THANKSTOSCANDINAVIA.ORGWebsiteAddressTxt
Type Of Organization AssocYes (X)TypeOfOrganizationAssocInd
Formation1963FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHANKS TO SCANDINAVIA, A SCHOLARSHIP FUND, RECOGNIZES THE ORDINARY PEOPLE WHO PERFORMED EXTRAORDINARY ACTS IN SCANDINAVIA AND BULGARIA DURING WWII THAT SAVED TENS OF THOUSANDS OF THEIR JEWISH NEIGHBORS. THANKS TO SCANDINAVIA CELEBRATES THOSE WHO DEMONSTRATED COURAGE, TOLERANCE AND CIVILITY EVEN IN DARK TIMES. TO HONOR THEIR LEGACY, THANKS TO SCANDINAVIA PROVIDES EDUCATIONAL OPPORTUNITIES FOR STUDENTS FROM SCANDINAVIA AND BULGARIA WHO ARE PUSHING THE BOUNDARIES OF KNOWLEDGE AND WORKING TO CREATE POSITIVE CHANGE IN OUR WORLD.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$53,121PYContributionsGrantsAmt
CY Contributions Grants$79,126CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$305,502PYInvestmentIncomeAmt
CY Investment Income$500,398CYInvestmentIncomeAmt
PY Other Revenue$468PYOtherRevenueAmt
CY Other Revenue$341CYOtherRevenueAmt
PY Total Revenue$359,091PYTotalRevenueAmt
CY Total Revenue$579,865CYTotalRevenueAmt
PY Grants And Similar Paid$287,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$335,324CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$86,516PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$86,400CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$80,100PYOtherExpensesAmt
CY Other Expenses$92,595CYOtherExpensesAmt
PY Total Expenses$453,616PYTotalExpensesAmt
CY Total Expenses$514,319CYTotalExpensesAmt
PY Revenues Less Expenses-$94,525PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$65,546CYRevenuesLessExpensesAmt
Total Assets BOY$7,011,652TotalAssetsBOYAmt
Total Assets EOY$7,050,893TotalAssetsEOYAmt
Total Liabilities BOY$14,672TotalLiabilitiesBOYAmt
Total Liabilities EOY$14,809TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,996,980NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,036,084NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHANKS TO SCANDINAVIA, A SCHOLARSHIP FUND, RECOGNIZES THE ORDINARY PEOPLE WHO PERFORMED EXTRAORDINARY ACTS IN SCANDINAVIA AND BULGARIA DURING WWII THAT SAVED TENS OF THOUSANDS OF THEIR JEWISH NEIGHBORS. THANKS TO SCANDINAVIA CELEBRATES THOSE WHO DEMONSTRATED COURAGE, TOLERANCE AND CIVILITY EVEN IN DARK TIMES. TO HONOR THEIR LEGACY, THANKS TO SCANDINAVIA PROVIDES EDUCATIONAL OPPORTUNITIES FOR STUDENTS FROM SCANDINAVIA AND BULGARIA WHO ARE PUSHING THE BOUNDARIES OF KNOWLEDGE AND WORKING TO CREATE POSITIVE CHANGE IN OUR WORLD.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$438,828ExpenseAmt
Grant$335,324GrantAmt
DescTHANKS TO SCANDINAVIA PROVIDES SCHOLARSHIPS EACH YEAR FOR STUDENTS FROM SCANDINAVIA AND BULGARIA WHO ARE PUSHING THE BOUNDARIES OF KNOWLEDGE AND WORKING TO CREATE POSITIVE CHANGE IN OUR WORLD THROUGH THEIR GRADUATE STUDIES IN THE UNITED STATES AND ISRAEL. THANKS TO SCANDINAVIA PROVIDES THE SCHOLARSHIPS TO HONOR THE LEGACY OF THOSE WHO DEMONSTRATED COURAGE, TOLERANCE AND CIVILITY DURING WORLD WAR II BY PROTECTING THEIR JEWISH NEIGHBORS.Desc
Total Program Service Expenses$438,828TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKELLY RAMOTPersonNm
Phone3478554109PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12218 BROADWAYAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10024ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
EDWARD BERMAN
DIRECTOR1.00Yes (X)$0$0$0
DAVID BLOCH
DIRECTOR1.00Yes (X)$0$0$0
JAMES COLIAS
DIRECTOR1.00Yes (X)$0$0$0
REBECCA NEUWIRTH
DIRECTOR1.00Yes (X)$0$0$0
ZOYA RAYNES
DIRECTOR1.00Yes (X)$0$0$0
AMIR SHAVIV
DIRECTOR1.00Yes (X)$0$0$0
JAMES PARK
DIRECTOR1.00Yes (X)$0$0$0
ELLEN RACHLIN
DIRECTOR1.00Yes (X)$0$0$0
NANCY PETSCHEK-KOHN
DIRECTOR1.00Yes (X)$0$0$0
LAURIE NETTER SPRAYREGEN
PRESIDENT5.00Yes (X)$0$0$0Yes (X)
KIM LARSON
VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
PAUL KOREN
TREASURER1.00Yes (X)$0$0$0Yes (X)
RONDA LUBIN
SECRETARY1.00Yes (X)$0$0$0Yes (X)
RALPH M FREYDBERG - TERM 1118
SECRETARY1.00Yes (X)$0$0$0Yes (X)
KELLY RAMOT
EXECUTIVE DIRECTOR20.00$72,000$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$72,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$79,126AllOtherContributionsAmt
Total Contributions$79,126TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$132,405TotalRevenueColumnAmt
Exclusion$132,405ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$8,788,249SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$8,420,256SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$367,993SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$367,993TotalRevenueColumnAmt
Exclusion$367,993ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$341TotalRevenueColumnAmt
Exclusion$341ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$341OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$579,865TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$500,739ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$77,824TotalAmt
Program Services$77,824ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$180,000TotalAmt
Program Services$180,000ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$77,500TotalAmt
Program Services$77,500ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$72,000TotalAmt
Program Services$46,800ProgramServicesAmt
Management And General$25,200ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,788TotalAmt
Program Services$6,788ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$989TotalAmt
Program Services$673ProgramServicesAmt
Management And General$316ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,623TotalAmt
Program Services$4,505ProgramServicesAmt
Management And General$2,118ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,286TotalAmt
Program Services$7,524ProgramServicesAmt
Management And General$3,762ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$30,193TotalAmt
Management And General$30,193ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,090TotalAmt
Program Services$13,090ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,553TotalAmt
Management And General$1,553ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,702TotalAmt
Management And General$2,702ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
OFFICE SUPPLIES AND MAI$16,654$8,997$7,657
OTHER FEES$6,500$6,500
DUES AND SUBCRIPTIONS$4,717$3,977$740
STATE REGISTRATION FEES$3,150$3,150

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,750TotalAmt
Program Services$1,500ProgramServicesAmt
Management And General$1,250ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$514,319TotalAmt
Program Services$438,828ProgramServicesAmt
Management And General$75,491ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,517BOYAmt
EOY$279,581EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,479BOYAmt
EOY$3,923EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$11,049BOYAmt
EOY$8,769EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,992,054BOYAmt
EOY$6,758,620EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$1,553BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,011,652BOYAmt
EOY$7,050,893EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$14,672BOYAmt
EOY$14,809EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,672BOYAmt
EOY$14,809EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,849,932BOYAmt
EOY$5,854,218EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$342,392BOYAmt
EOY$377,210EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$804,656BOYAmt
EOY$804,656EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,996,980BOYAmt
EOY$7,036,084EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,011,652BOYAmt
EOY$7,050,893EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$65,546ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$29,617NetUnrlzdGainsLossesInvstAmt
Investment Expense-$56,059InvestmentExpenseAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$64,666CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$111,819CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$124,082CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,121CurrentTaxYearMinus1YearAmt
Current Tax Year$79,126CurrentTaxYearAmt
Total$432,814TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$64,666CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$111,819CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$124,082CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,121CurrentTaxYearMinus1YearAmt
Current Tax Year$79,126CurrentTaxYearAmt
Total$432,814TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$63,700SubstantialContributorsTotAmt
Public Support Total170$369,114PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$29,403CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$121,041CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$142,513CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$305,502CurrentTaxYearMinus1YearAmt
Current Tax Year$500,398CurrentTaxYearAmt
Total$1,098,857TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$468CurrentTaxYearMinus1YearAmt
Current Tax Year$341CurrentTaxYearAmt
Total$809TotalAmt
FieldValueIRS element (for citing)
Total Support$1,532,480TotalSupportAmt
Public Support CY1700.24090PublicSupportCY170Pct
Public Support PY1700.34390PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests PY170Yes (X)ThirtyThrPctSuprtTestsPY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,135,048BeginningYearBalanceAmt
Investment Earnings Or Losses$62,423InvestmentEarningsOrLossesAmt
Other Expenditures$38,105OtherExpendituresAmt
End Year Balance$1,159,366EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,063,583BeginningYearBalanceAmt
Investment Earnings Or Losses$74,868InvestmentEarningsOrLossesAmt
Other Expenditures$3,403OtherExpendituresAmt
End Year Balance$1,135,048EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,013,026BeginningYearBalanceAmt
Investment Earnings Or Losses$71,379InvestmentEarningsOrLossesAmt
Other Expenditures$20,822OtherExpendituresAmt
End Year Balance$1,063,583EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$998,387BeginningYearBalanceAmt
Investment Earnings Or Losses$77,727InvestmentEarningsOrLossesAmt
Other Expenditures$63,088OtherExpendituresAmt
End Year Balance$1,013,026EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,021,550BeginningYearBalanceAmt
Investment Earnings Or Losses-$11,876InvestmentEarningsOrLossesAmt
Other Expenditures$11,287OtherExpendituresAmt
End Year Balance$998,387EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.69380PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.30620TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$553,423TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$29,617NetUnrealizedGainsInvstAmt
Revenue Not Reported$29,617RevenueNotReportedAmt
Revenue Subtotal$523,806RevenueSubtotalAmt
Investment Expenses Not Incld$56,059InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$56,059RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$579,865TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$514,319TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$514,319ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$514,319TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS A TAX-EXEMPT ASSOCIATION AS DEFINED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE00GRANTS TO RECIPIENTS LOCATED IN REGIONSCHOLARSHIPS$60,000
MIDDLE EAST00GRANTS TO RECIPIENTS LOCATED IN REGIONSCHOLARSHIPS$17,500
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$77,500SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$77,500TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
EUROPESCHOLARSHIPS$60,000WIRE TRANSFER
MIDDLE EASTSCHOLARSHIPS$17,500WIRE TRANSFER
FieldValueIRS element (for citing)
Total Other Org2TotalOtherOrgCnt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION REVIEWS APPLICATIONS FROM THE SCHOLARSHIP APPLICANTS AND SELECTS THE FINAL SCHOLARSHIP RECIPIENT. THE ORGANIZATION TRANSFERS THE SCHOLARSHIP MONEY TO ORGANIZATIONS OUTSIDE THE U.S. THOSE ORGANIZATIONS DISBURSE THE FUNDS TO THE SCHOLARSHIP RECIPIENTS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
CORNELL UNIVERSITY
VISITOR RELATIONSITHACANY14853150532082$17,824SCHOLARSHIP
UNIVERSITY OF OKLAHOMA
660 PARRINGTON OVALNORMANOK73019731377584$20,000SCHOLARSHIP
COLUMBIA UNIVERSITY
116TH AND BROADWAYNEW YORKNY10027135598093$20,000SCHOLARSHIP
UNIVERSITY OF PENNSYLVANIA
3101 WALNUT STPHILADELPHIAPA19104231352685$20,000SCHOLARSHIP
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient9RecipientCnt
Cash Grant$180,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE GRANT AMOUNTS ARE SET EACH YEAR BY THE BOARD OF DIRECTORS. THE SCHOLARSHIP APPLICANTS GO THROUGH A RIGOROUS APPLICATION PROCESS WHICH INCLUDES DEMONSTRATING FINANCIAL NEED. THE GRANT SELECTION COMMITTEE EVALUATES THE APPLICANTS TO SELECT THE BEST APPLICANTS TO RECEIVE THE SCHOLARSHIPS BASED ON OUR SELECTION CRITERIA.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD OF DIRECTORS REVIEWS THE FORM 990 IN DETAIL PRIOR TO SUBMISSION TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CEACH BOARD MEMBER AND KEY STAFF MUST REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY EACH YEAR. IF THERE ANY CONFLICTS, THEY ARE REVIEWED AND DISCUSSED AND THEN RESOLVED AS NECESSARY.
FORM 990, PART VI, SECTION B, LINE 15THE PRESIDENT SPOKE WITH OUTSIDE LEGAL COUNSEL WHO ADVISED THE PRESIDENT AN APPROPRIATE LEVEL OF COMPENSATION BASED ON THE POSITION AND TIME AND EFFORT REQUIRED. THE PRESIDENT THEN PRESENTED THIS INFORMATION TO THE BOARD FOR THEIR APPROVAL OF THE COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19THANKS TO SCANDINAVIA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERESTS POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST.

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