2019-05-15T11:15:29-05:00 2018-12-31 770051130 ABBOTT STRINGHAM & LYNCH 1530 MERIDIAN AVE 2ND FLR SAN JOSE CA 95125 990 2018-01-01 471589441 COBELL BOARD OF TRUSTEES COBE 7024290203 555 13TH STREET NW WASHINGTON DC 20004 TURK COBELL TREASURER 7024290203 2019-05-13 1 SHEBA B DALANEY P00351252 4083778700 2019-05-13 12.217.167.66 2019-05-13 12:53:20 PD P 5EA4909D64F553E70A22955230CA76F68B1896FC B918F1C00FFED2661C5A43BEF2252A4B9D042A70 2018 2019-02-21 02:37:17Z TURK COBELL 555 13TH STREET NW WASHINGTON DC 20004 53192588 0 X WWW.COBELLSCHOLAR.ORG X 2014 DC TO PROVIDE OVERSIGHT OF THE COBELL SCHOLARSHIP FUND AND ADMINISTRATING THE ORGANIZATION. PROVIDE SCHOLARSHIPS TO NATIVE AMERICAN AND ALASKA NATIVE STUDENTS. 5 5 0 5 0 0 0 0 0 0 2131188 3010349 34283330 48501162 36414518 51511511 2392500 6687750 0 0 0 0 0 0 0 1276370 760177 3668870 7447927 32745648 44063584 84008662 119995386 308148 2113500 83700514 117881886 X THE COBELL BOARD OF TRUSTEES WAS CREATED TO IMPLEMENT AND ADMINISTER THE COBELL SCHOLARSHIP FUND CREATED UNDER P.L. 111-291, AS A RESULT OF LITIGATION COMMONLY KNOWN AS COBELL VS. SALAZAR. THE FUND IS TO PROVIDE AND EXPAND ACADEMIC OPPORTUNITIES FOR HIGHER EDUCATION TO QUALIFYING NATIVE AMERICAN AND ALASKA NATIVE STUDENTS. THIS WILL BE ACHIEVED BY PRUDENT AND FAIR ADMINISTRATION, INVESTMENT AND DISTRIBUITON OF FUNDS FOR EDUCATIONAL SCHOLARSHIPS. 0 0 7351500 6687750 48501162 SCHOLARSHIP DISTRIBUTION -DISTRIBUTION OF SCHOLARSHIPS TO QUALIFIYING NATIVE AMERICAN AND ALASKA NATIVE STUDENTS ATTENDING ACCREDITED NON-PROFIT, PUBLIC AND PRIVATE HIGHER EDUCATIONAL INSTITUTIONS WHO DEMONSTRATE AN UNMET NEED BASED ON SPECIFIC CRITERIA. 7351500 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 X STEPHANIE WHITE LVCPA PROS 7025861230 732 S 6TH STREET SUITE 200C LAS VEGAS NV 89101 X ALEX PEARL CHAIRMAN 10.00 X X 0 0 0 TURK COBELL VICE CHAIRMAN & TREASURER 10.00 X X 0 0 0 PAMELA AGOYO SECRETARY 10.00 X X 0 0 0 JEAN O'BRIEN TRUSTEE 10.00 X 0 0 0 DOROTHY A NASON TRUSTEE 10.00 X 0 0 0 0 0 0 0 0 0 0 INDIGENOUS EDUCATION INC 6501 AMERICAS PKWY NE STE 825 ALBUQUERQUE NM 87110 SCHOLARSHIP ADMINISTRATION 442500 1 2577716 2577716 2113710 1681077 432633 432633 432633 SETTLEMENT PAYMENTS RECEIVED 900099 48501162 48501162 48501162 51511511 48501162 0 3010349 6687750 6687750 13005 13005 663750 663750 804 804 6291 6291 5587 5587 FOREIGN TAXES WITHHELD 70392 70392 BANK FEES 348 348 7447927 7351500 96427 0 1835612 2118226 6101220 14052772 76071830 103824388 84008662 119995386 308148 2113500 308148 2113500 X 83700514 117881886 83700514 117881886 84008662 119995386 X 44063584 -9882212 X 1 X 1 X 0 0 X 29624820 17779513 34283330 48501162 130188825 29624820 17779513 34283330 48501162 130188825 130188825 406394 765724 2131187 3010349 6313654 136502479 X 0 X 41558907 -9876002 -9876002 51434909 76602 76602 51511511 7377535 0 7377535 70392 70392 7447927 PART X, LINE 2: AS OF DECEMBER 31, 2018, THE ORGANIZATION HAD NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS UNDER ASC TOPIC 740, INCOME TAXES, REQUIRING ADJUSTMENTS TO ITS FINANCIAL STATEMENTS. IN THE EVENT THE ORGANIZATION WERE TO RECOGNIZE INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IT WOULD BE RECOGNIZED IN THE FINANCIAL STATEMENTS AS INTEREST EXPENSE FOR INTEREST AND MISCELLANEOUS FOR PENALTIES. GENERALLY, THE PRIOR THREE YEARS' TAX RETURNS ARE OPEN TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES; HOWEVER, THE ORGANIZATION IS OPEN TO 2016, 2017, AND 2018. IN ADDITION, THERE ARE NO INCOME TAX EXAMINATIONS CURRENTLY IN PROCESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: GROSS UP DIVIDENDS FOR FOREIGN TAXES 70,392. CAPITAL GAINS DISTRIBUTIONS 6,210. PART XII, LINE 4B - OTHER ADJUSTMENTS: GROSS UP DIVIDENDS FOR FOREIGN TAXES 70,392. 1 HIGHER EDUCATION SCHOLARSHIPS 1288 6687750 0 FAIR MARKET VALUE - CASH PART I, LINE 2: THE PROCESS BY WHICH GRANT FUNDS ARE MONITORED IS BY CONFIRMATION OF THE APPROPRIATE ALLOCATION AND MAXIMUM AMOUNT OF UNDERGRADUATE AND GRADUATE STUDENT'S SCHOLARSHIPS. ADDITIONALLY, A SPECIFIC REPORT IS PREPARED ANNUALLY DETAILING STUDENT AND SCHOLARSHIP DATA; THIS REPORT IS REQUIRED BY LAW AND IS REVIEWED BY THE ORGANIZATION'S ATTORNEY AND THE DEPARTMENT OF INTERIOR. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE ANNUAL FORM 990 IS REVIEWED AT OUR SEMI ANNUAL MEETING, DISCUSSED, AND APPROVED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY AND REQUIRED DISCLOSURES ARE REVIEWED THROUGHOUT THE YEAR DURING MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: UNREALIZED GAINS -9,876,002. CAPITAL GAINS DISTRIBUTIONS -6,212. ROUNDING 2.