2019-05-16T12:42:15-05:00 2018-06-30 521231901 GORFINE SCHILLER & GARDYN PA 10045 RED RUN BLVD SUITE 250 OWINGS MILLS MD 21117 990 2017-07-01 526012589 THE CENTRAL SCHOLARSHIP BUREAU INC CENT 4104155558 6 PARK CENTER COURT SUITE 211 OWINGS MILLS MD 21117 JAN WAGNER PRESIDENT 4104155558 2019-05-16 1 SCOTT D RODGVILLE CPA P00365285 4103565900 173.67.46.202 2019-05-16 13:39:06 ED P F2C32C7FCEB5118E95C0262F49E38711916DCDD1 E9E41BF387D4BDE30641B4966A70BCB5AFB65BF0 2017 2019-02-21 02:37:17Z CENTRAL SCHOLARSHIP JAN WAGNER 6 PARK CENTER COURT OWINGS MILLS MD 21117 3053653 0 X WWW.CENTRAL-SCHOLARSHIP.ORG X 1924 MD TO HELP MARYLANDERS FULFILL THEIR DREAMS OF PURSUING HIGHER EDUCATIONBY MAKING HIGHER EDUCATION MORE AFFORDABLE. 23 23 10 50 16271 15271 2195475 2734319 56319 16135 775567 273915 7610 29284 3034971 3053653 833588 944527 0 0 745849 771507 0 0 167671 319780 355176 1899217 2071210 1135754 982443 11635222 12875990 33640 33947 11601582 12842043 X THE CENTRAL SCHOLARSHIP BUREAU, INC. (ORGANIZATION) IS A MARYLAND NON-STOCK NOT-FOR-PROFIT ORGANIZATION THAT HELPS MARYLANDERS FULFILL THEIR DREAMS OF PURSUING HIGHER EDUCATION BY MAKING HIGHER EDUCATION MORE AFFORDABLE. (CONTINUED IN SCHEDULE O)THE ORGANIZATION AWARDS NEED-BASED SCHOLARSHIPS AND INTEREST-FREE LOANS TO HIGH-PERFORMING STUDENTS THROUGHOUT MARYLAND, OFFERS COLLEGE CASH FINANCIAL EDUCATION SEMINARS TO STUDENTS AND PARENTS TO HELP THEM BECOME MORE INFORMED HIGHER EDUCATION CONSUMERS AND ADVOCATES FOR LEGISLATION THAT MAKES HIGHER EDUCATION MORE AFFORDABLE FOR ALL MARYLANDERS. 0 0 1029089 696763 118528 CENTRAL SCHOLARSHIP (CS) PROVIDES NEED-BASED SCHOLARSHIPS AND EMERGENCY FUNDS FOR HIGH-PERFORMING STUDENTS PURSUING UNDERGRADUATE, GRADUATE AND PROFESSIONAL DEGREES. FOR MOST PROGRAMS, STUDENTS ARE ELIGIBLE FOR UP TO $10,000 PER YEAR IN ASSISTANCE FOR POST-SECONDARY EDUCATION. DURING THE FISCAL YEAR ENDED JUNE 30, 2018, CS PROCESSED NEARLY 6,000 APPLICATIONS AND AWARDED 231 SCHOLARSHIPS TO STUDENTS. 378839 0 INTEREST-FREE LOANS ARE AWARDED TO STUDENTS PURSUING UNDERGRADUATE, GRADUATE AND PROFESSIONAL SCHOOL DEGREES WHO QUALIFY BASED ON FINANCIAL NEED AND ACADEMIC PERFORMANCE. STUDENTS ARE ELIGIBLE FOR UP TO $10,000 PER YEAR IN ASSISTANCE FOR POST-SECONDARY EDUCATION. NEW LOANS OF $256,000 WERE AWARDED TO 62 STUDENTS IN THE FISCAL YEAR ENDING JUNE 30, 2018. CENTRAL SCHOLARSHIP (CS) ALSO MANAGED EXISTING LOANS OF APROXIMATELY $3,000,000 FOR MORE THAN 500 STUDENTS. 365937 247764 CAREER-TRAINING SCHOLARSHIPS ARE AVAILABLE FOR FIELDS WHERE THERE IS A VERIFIED WORKFORCE DEMAND, AN OPPORTUNITY TO EARN A LIVING WAGE, RECOGNIZED CREDENTIALS UPON PROGRAM COMPLETION AND A PATH FOR CAREER ADVANCEMENT. STUDENTS ARE QUALIFIED BASED ON FINANCIAL NEED, WITH PREFERENCE GIVEN TO BALTIMORE CITY RESIDENTS. DURING THE FISCAL YEAR ENDING ON JUNE 30, 2018, CS AWARDED CAREER TRAINING SCHOLARSHIPS TO 112 STUDENTS. A NEW FEATURE TO SUPPLEMENT THE EXISTING CAREER TRAINING PROGRAM - CS LAUNCHED A PILOT PROGRAM DURING THE FISCAL YEAR ENDED JUNE 30, 2018 WHEREBY THE ORGANIZATION PROVIDED TRANSPORTATION GRANTS TO CERTAIN GRADUATES OF THE CAREER TRAINING PROGRAM. THESE GRANTS ENABLED THE GRADUATES TO AFFORD DEPENDABLE TRANSPORTATION, SO THEY COULD COMMENCE THEIR NEW CAREERS. COLLEGE CASH IS A FINANCIAL EDUCATION SERIES OFFERED AS A FREE PUBLIC SERVICE THAT HELPS STUDENTS AND PARENTS NAVIGATE THE COMPLEX FINANCIAL OPTIONS AVAILABLE TO COLLEGE-BOUND STUDENTS. THE GOAL IS TO ENSURE THAT STUDENTS AND PARENTS ARE MAKING INFORMED FINANCIAL CHOICES WHEN SELECTING A COLLEGE. THE ADVOCACY PROGRAM CONTINUES TO FOCUS ON SCHOLARSHIP AWARD DISPLACEMENT, WHICH HAPPENS WHEN COLLEGES REDUCE THEIR INSTITUTIONAL SCHOLARSHIP AFTER A STUDENT RECEIVES A PRIVATE SCHOLARSHIP. A PAID LOBBYIST ASSISTED THE ORGANIZATION IN NEGOTIATING AN AGREEMENT WITH 13 PRIVATE COLLEGES THAT ARE MEMBERS OF THE MARYLAND INDEPENDENT COLLEGE AND UNIVERSITY ASSOCIATION. THIS AGREEMENT PROHIBITS PRIVATE COLLEGES FROM DISPLACING PRIVATE SCHOLARSHIP AWARDS MADE BY CS AND THE COLLEGE BOUND FOUNDATION. 1773865 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 10 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X X JAN WAGNER 4104155558 6 PARK CENTER COURT SUITE 211 OWINGS MILLS MD 21117 MICHAEL WARD PAST BOARD CHAIR 2.00 X 0 0 0 IRA WAGNER IMMEDIATE PAST BOARD CHAIR 2.00 X 0 0 0 RUSS CAUSEY 1ST VICE CHAIR 2.00 X 0 0 0 PEGGY HELLER SECRETARY 2.00 X 0 0 0 MARY SHOCK PAST BOARD CHAIR 2.00 X 0 0 0 DAVE RICHARDSON TREASURER 2.00 X 0 0 0 LARRY KAMANITZ PAST BOARD CHAIR 2.00 X 0 0 0 JERRY FOCAS CHAIR 2.00 X 0 0 0 JEAN WYMAN EXECUTIVE COMMITTEE MEMBER 1.00 X 0 0 0 RAY MCCREE DIRECTOR 1.00 X 0 0 0 DAVID ROTHSCHILD 2ND VICE CHAIR 2.00 X 0 0 0 ERNESTINE WHITING DIRECTOR 1.00 X 0 0 0 LIZ BLOCK DIRECTOR 1.00 X 0 0 0 RICARDO JOHNSON DIRECTOR 1.00 X 0 0 0 TIM REDMOND DIRECTOR 1.00 X 0 0 0 LELAND SHELTON DIRECTOR 1.00 X 0 0 0 SUSAN SILBERMAN DIRECTOR 1.00 X 0 0 0 MICHAEL DAVENPORT DIRECTOR 1.00 X 0 0 0 BARBARA KORNBLATT DIRECTOR 1.00 X 0 0 0 BRUCE ROSENBERG DIRECTOR 1.00 X 0 0 0 JAN WAGNER PRESIDENT 40.00 X 142000 0 17974 142000 0 17974 1 0 1 0 0 2734319 2734319 SCHOLARSHIP MANAGEMENT 900099 16135 16135 16135 175380 175380 98535 0 98535 98535 98535 PARTNERSHIP INCOME - V 900099 25426 16271 9155 SALES INCOME RECOVERY 900099 3858 3858 29284 3053653 118528 16271 184535 944527 944527 161973 134438 24296 3239 491882 358649 31706 101527 22914 16677 1451 4786 47436 34822 3257 9357 47302 35570 3966 7766 24132 15450 8310 372 20260 20260 117 111 6 3595 2697 718 180 30434 25260 4565 609 63824 49783 12765 1276 1776 1474 266 36 6930 1736 1263 3931 10700 8881 1605 214 8420 5726 2526 168 OTHER PROGRAM SERVICES 46084 46084 FUNDRAISING 31530 31530 BAD DEBTS 26441 10441 16000 WEBSITE EXPENSES 21250 21250 59683 40029 16980 2674 2071210 1773865 129674 167671 663115 1289224 843809 1069214 2610527 2480474 20374 19357 116251 99189 27762 17062 7469635 8000659 11635222 12875990 21315 8766 12325 25181 33640 33947 X 5455787 5711390 848614 1053474 5297181 6077179 11601582 12842043 11635222 12875990 982443 258018 0 X X 0 1 X 1 0 X 1378241 1508135 1616619 2195475 2734319 9432789 1378241 1508135 1616619 2195475 2734319 9432789 2945108 6487681 77373 67839 124902 775567 184535 1230216 16271 16271 10679276 123935 0.60750 0.80270 X 0 0 0 0 0 1 30000 0 0 0 30000 0 PART II-B, LINE 1: IN FY 2018, $30,000 WAS PAID TO MANIS, CANNING & ASSOCIATES, A REGISTERED LOBBYING FIRM, TO ASSIST THE ORGANIZATION IN NEGOTIATING AN AGREEMENT WITH 13 PRIVATE COLLEGES THAT ARE MEMBERS OF THE MARYLAND INDEPENDENT COLLEGE AND UNIVERSITY ASSOCIATION (MICUA). THIS AGREEMENT PROHIBITS DISPLACEMENT OF PRIVATE SCHOLARSHIP AWARDS MADE BY CS AND THE COLLEGEBOUND FOUNDATION TO STUDENTS WHO ATTEND THE 13 MICUA MEMBER INSTITUTIONS. SINCE AN AGREEMENT WAS REACHED WITH THE 13 MICUA MEMBER INSTITUTIONS, THE PAID LOBBYING FIRM DID NOT SEEK TO INFLUENCE LEGISLATION. 0 5345710 1180548 6526258 4463524 882186 5345710 3947522 489002 4436524 3247501 700021 3947522 3096545 150956 3247501 0.92000 0.08000 0 0 116251 99189 17062 17062 891979 C SECURITIES AND OTHER INVESTMENTS 6608680 F INVESTMENT IN LLC 500000 C 8000659 X 3291411 258018 258018 3033393 20260 20260 3053653 2050950 0 2050950 20260 20260 2071210 PART X, LINE 2: FASB ASC 740, ACCOUNTING FOR INCOME TAXES, REQUIRES THE ORGANIZATION TO RECOGNIZE OR DISCLOSE ANY TAX POSITIONS THAT WOULD RESULT IN UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS NO POSITIONS THAT WOULD REQUIRE DISCLOSURE OR RECOGNITION UNDER THE TOPIC. THE ORGANIZATION'S TAX INFORMATION FILINGS FOR THE FISCAL YEARS ENDING JUNE 30, 2015 AND AFTER ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT IN ROTHSCHILD GQ SYSTEMATIC INTERNATIONAL FUND, LTD 438871 0 0 0 0 0 0 438871 0 438871 1 0 1 0 0 0 1 LOANS 41 256500 BOOK GRANTS 391 944527 BOOK X X 0 1 0 0 0 0 0 0 0 JAN WAGNER PRESIDENT 142000 0 0 0 0 0 7100 0 10874 0 159974 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE DIRECTORS PRIOR TO FILING. THE FORM IS ALSO DISTRIBUTED ELECTRONICALLY TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED BY A REVIEW AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPARISON DATA OBTAINED ON GUIDESTAR, REVIEWED BY EXECUTIVE COMMITTEE AND APPROVED BY THE ENTIRE BOARD. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE ON GUIDESTAR AND UPON REQUEST. FORM 990-T AND FORM 1023 IS AVAILABLE UPON REQUEST. THE ORGANIZATION SENDS ITS FORM 990 TO GUIDESTAR AND POSTS IT TO ITS OWN WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND THE ORGANIZATION POSTS THEM TO ITS OWN WEBSITE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT REVIEWS THE TAX RETURN. LAYDON PARK INC 6 PARK CENTER COURT SUITE 211 OWINGS MILLS MD 21117 520787708 RENTAL REAL ESTATE MD C 55353 185741 0.70000 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 LAYDON PARK INC F 56398 DIVIDENDS RECEIVED LAYDON PARK INC S -1045 INCOME FROM ENTITY LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE.