THANKS TO SCANDINAVIA INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
THANKS TO SCANDINAVIA INC (EIN 13-6192361)
Tax period
2019-07-01 to 2020-06-30
Filed
2020-11-03
IRS object ID
202033089349300643
Schema version
2019v5.1
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)
Return2020-11-03T09:18:46-06:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

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 Begin2019-07-01TaxPeriodBeginDt

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
Signature2020-10-30SignatureDt
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)
IP2020-10-30IPDt
IP Tm09:39:04IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id833DD5D48D6D6A49B454EB68F5248FFACFAE3476AtSubmissionCreationDeviceId
At Submission Filing Device Id72801F05FCDC4F1FB6E5A7637EBB8FB54822E0A2AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

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$635,102GrossReceiptsAmt
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$79,126PYContributionsGrantsAmt
CY Contributions Grants$44,182CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$500,398PYInvestmentIncomeAmt
CY Investment Income$170,521CYInvestmentIncomeAmt
PY Other Revenue$341PYOtherRevenueAmt
CY Other Revenue$251CYOtherRevenueAmt
PY Total Revenue$579,865PYTotalRevenueAmt
CY Total Revenue$214,954CYTotalRevenueAmt
PY Grants And Similar Paid$335,324PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$362,366CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$86,400PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$91,240CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$92,595PYOtherExpensesAmt
CY Other Expenses$79,262CYOtherExpensesAmt
PY Total Expenses$514,319PYTotalExpensesAmt
CY Total Expenses$532,868CYTotalExpensesAmt
PY Revenues Less Expenses$65,546PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$317,914CYRevenuesLessExpensesAmt
Total Assets BOY$7,050,893TotalAssetsBOYAmt
Total Assets EOY$7,179,106TotalAssetsEOYAmt
Total Liabilities BOY$14,809TotalLiabilitiesBOYAmt
Total Liabilities EOY$69,678TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,036,084NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,109,428NetAssetsOrFundBalancesEOYAmt
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$456,579ExpenseAmt
Grant$362,366GrantAmt
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$456,579TotalProgramServiceExpensesAmt
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
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
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 With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
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 (14 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)
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$44,182AllOtherContributionsAmt
Total Contributions$44,182TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$147,820TotalRevenueColumnAmt
Exclusion$147,820ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$442,849SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$420,148SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$22,701SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,701TotalRevenueColumnAmt
Exclusion$22,701ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$251TotalRevenueColumnAmt
Exclusion$251ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$251OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$214,954TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$170,772ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$87,384TotalAmt
Program Services$87,384ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$214,982TotalAmt
Program Services$214,982ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$60,000TotalAmt
Program Services$60,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$76,000TotalAmt
Program Services$49,400ProgramServicesAmt
Management And General$26,600ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,329TotalAmt
Program Services$7,329ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$931TotalAmt
Program Services$634ProgramServicesAmt
Management And General$297ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,980TotalAmt
Program Services$4,752ProgramServicesAmt
Management And General$2,228ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,913TotalAmt
Management And General$5,913ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$29,883TotalAmt
Management And General$29,883ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,871TotalAmt
Program Services$5,307ProgramServicesAmt
Management And General$6,564ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$10,534TotalAmt
Program Services$10,534ProgramServicesAmt

Insurance InsuranceGrp

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

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
OTHER FEES$6,900$6,900
DUES AND SUBCRIPTIONS$4,999$4,057$942
STATE REGISTRATION FEES$2,800$2,800
CONTRIBUTIONS TO OTHERS$2,500$2,500

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,160TotalAmt
Management And General$1,160ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$532,868TotalAmt
Program Services$456,579ProgramServicesAmt
Management And General$76,289ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$279,581BOYAmt
EOY$46,676EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,923BOYAmt
EOY$500EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$8,769BOYAmt
EOY$5,733EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,758,620BOYAmt
EOY$7,126,197EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,050,893BOYAmt
EOY$7,179,106EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$14,809BOYAmt
EOY$22,294EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$47,384EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,809BOYAmt
EOY$69,678EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,854,218BOYAmt
EOY$5,993,610EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,181,866BOYAmt
EOY$1,115,818EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,036,084BOYAmt
EOY$7,109,428EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,050,893BOYAmt
EOY$7,179,106EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$317,914ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$414,009NetUnrlzdGainsLossesInvstAmt
Investment Expense-$22,751InvestmentExpenseAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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$111,819CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$124,082CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$53,121CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$79,126CurrentTaxYearMinus1YearAmt
Current Tax Year$44,182CurrentTaxYearAmt
Total$412,330TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$111,819CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$124,082CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$53,121CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$79,126CurrentTaxYearMinus1YearAmt
Current Tax Year$44,182CurrentTaxYearAmt
Total$412,330TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$68,866SubstantialContributorsTotAmt
Public Support Total170$343,464PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$121,041CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$142,513CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$305,502CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$500,398CurrentTaxYearMinus1YearAmt
Current Tax Year$170,521CurrentTaxYearAmt
Total$1,239,975TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$468CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$341CurrentTaxYearMinus1YearAmt
Current Tax Year$251CurrentTaxYearAmt
Total$1,060TotalAmt
FieldValueIRS element (for citing)
Total Support$1,653,365TotalSupportAmt
Public Support CY1700.20770PublicSupportCY170Pct
Public Support PY1700.24090PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II - SECTION C - LINE 17AFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION MEETS THE FACTS AND CIRCUMSTANCES TEST SINCE THEY MAINTAIN A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC. DURING FISCAL YEAR 2020 AND DUE TO THE ECONOMIC SITUATION CAUSED BY COVID-19, THE ORGANIZATION DECIDED NOT TO SEND AN APPEAL TO THE GENERAL PUBLIC, THEREFORE CONTRIBUTIONS RECEIVED DECREASED SIGNIFICANTLY FROM PRIOR YEARS. IN ADDITION, THE ORGANIZATION EACH YEAR PROVIDES SCHOLARSHIPS TO 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.ExplanationTxt

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$1,159,366BeginningYearBalanceAmt
Investment Earnings Or Losses$78,502InvestmentEarningsOrLossesAmt
Other Expenditures$146,550OtherExpendituresAmt
End Year Balance$1,091,318EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

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
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.66540PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.33460TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$606,212TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$414,009NetUnrealizedGainsInvstAmt
Revenue Not Reported$414,009RevenueNotReportedAmt
Revenue Subtotal$192,203RevenueSubtotalAmt
Investment Expenses Not Incld$22,751InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$22,751RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$214,954TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$532,868TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$532,868ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$532,868TotalExpensesPerForm990Amt

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$40,000
MIDDLE EAST00GRANTS TO RECIPIENTS LOCATED IN REGIONSCHOLARSHIPS$20,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$60,000SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$60,000TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
EUROPESCHOLARSHIPS$40,000WIRE TRANSFER
MIDDLE EASTSCHOLARSHIPS$20,000WIRE 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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:THE 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.
PART III ACCOUNTING METHOD:

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
CORNELL UNIVERSITY
VISITOR RELATIONSITHACANY14853150532082$20,000SCHOLARSHIP
UNIVERSITY OF OKLAHOMA
660 PARRINGTON OVALNORMANOK73019731377584$20,000SCHOLARSHIP
THE LOUIS ARMSTRONG DEPARTMENT OF MUSIC THERAPY AT MOUNT SINAI
281 1ST AVENUENEW YORKNY10003135564934$47,384TO PROVIDE TRAINING AND MUSIC THERAPY TO SCHOLARS
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient12RecipientCnt
Cash Grant$214,982CashGrantAmt

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 (5 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.
FORM 990 PART XII, LINE 2C EXPLANATIONTHE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. PROCESS HAS NOT CHANGED FROM PRIOR YEARS.

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