2018-11-14T03:43:15-06:00 2017-12-31 260004395 HALT BUZAS & POWELL LTD 1199 N FAIRFAX ST 10TH FLOOR ALEXANDRIA VA 22314 990 2017-01-01 131669975 HORATIO ALGER ASSN OF DISTINGUISHED AMERICANS INC HORA 7036849444 99 CANAL CENTER PLAZA NO 320 ALEXANDRIA VA 22314 TERRENCE J GIROUX EXECUTIVE DIRECTOR 7036849444 2018-11-13 1 STEVEN HALT P01083643 7038361350 2018-11-13 209.190.224.66 2018-11-13 19:05:31 ES P CB4C217627C7E711873879D1DF87A233C692FAAD B18DCE4CEC9A5C283D520B79604F6C15FED04EE2 2017 2019-02-21 02:37:17Z TERRENCE J GIROUX 99 CANAL CENTER PLAZA NO 320 ALEXANDRIA VA 22314 41189676 0 X WWW.HORATIOALGER.ORG X 1951 NY THE PRIMARY EXEMPT PURPOSE OF THE ASSOCIATION IS TWO FOLD : (1) TO PROVIDE SCHOLARSHIP ASSISTANCE TO HELP PROMISING HIGH SCHOOL STUDENTS (WHO FIT THE HORATIO ALGER PROFILE) ATTEND COLLEGE, AND (2) TO SPREAD THE MESSAGE THAT AMERICA'S FREE ENTERPRISE SYSTEM PROVIDES THE GREATEST OPPORTUNITIES IN THE WORLD FOR PERSONAL ACHIEVEMENT AND SUCCESS. THE ASSOCIATION WAS FOUNDED MORE THAN 60 YEARS AGO TO COMBAT A GROWING ATTITUDE AMONG YOUNG PEOPLE THAT ECONOMIC OPPORTUNITY WAS A THING OF THE PAST. THE ASSOCIATION STRIVES TO MOTIVATE AND EDUCATE OUR NATION'S YOUNG PEOPLE TO THE ECONOMIC AND PERSONAL OPPORTUNITIES AFFORDED THEM BY THE PROMISE OF THE AMERICAN FREE-ENTERPRISE SYSTEM. THE ASSOCIATION BRINGS THE "HORATIO ALGER HEROES" OF TODAY TOGETHER WITH THOSE OF TOMORROW BY BESTOWING THE HORATIO ALGER AWARD ANNUALLY; HOSTING CAREER, PUBLIC SERVICE, AND COMMUNITY SERVICE SEMINARS; SPONSORING FREE-ENTERPRISE FORUMS; AWARDING SCHOLARSHIPS EACH YEAR; AND PROVIDING AN INTERNSHIP PROGRAM. 74 74 13 74 0 0 28614928 32429957 338290 399322 350482 514379 0 0 29303700 33343658 13613138 17387913 0 0 1805896 2062530 0 0 222721 9059824 10049239 24478858 29499682 4824842 3843976 46341487 45958052 30551549 26243661 15789938 19714391 X THE PRIMARY EXEMPT PURPOSE OF THE ASSOCIATION IS TWO FOLD: (1) TO PROVIDE SCHOLARSHIP ASSISTANCE TO HELP PROMISING HIGH SCHOOL STUDENTS (WHO FIT THE HORATIO ALGER PROFILE) ATTEND COLLEGE, AND (2) TO SPREAD THE MESSAGE THAT AMERICA'S FREE ENTERPRISE SYSTEM PROVIDES THE GREATEST OPPORTUNITIES IN THE WORLD FOR PERSONAL ACHIEVEMENT AND SUCCESS. 0 0 6169115 282250 HORATIO ALGER MEMBERSHIP PROGRAMS AND INDUCTION CEREMONIES: THIS HONOR IS PRESENTED TO APPROXIMATELY TEN AMERICANS EACH YEAR IN RECOGNITION OF THEIR OUTSTANDING CONTRIBUTIONS IN THEIR CHOSEN FIELDS. 7461301 6588176 STATE SCHOLARSHIP PROGRAMS: SCHOLARSHIPS ARE AWARDED ANNUALLY IN PARTICULAR STATES TO STUDENTS WHO HAVE EXHIBITED INTEGRITY AND HAVE OVERCOME ADVERSITY SO THEY MAY PURSUE HIGHER EDUCATION. 2470372 2338713 NATIONAL SCHOLARS PROGRAM: THE PROGRAM ALLOWS MORE THAN 100 STUDENTS EACH YEAR FROM HIGH SCHOOLS ACROSS THE UNITED STATES AND PUERTO RICO TO RECEIVE HORATIO ALGER SCHOLARSHIPS. 151489 SCHOLARS ALUMNI PROGRAM 1295670 EDUCATIONAL PROGRAMS AND MEETINGS 94143 COLLEGIATE PARTNERS PROGRAM 359301 117072 EDUCATIONAL MATERIALS 75574 STATE OF OUR NATION'S YOUTH 71102 FIELD DIRECTORS MEETING 6799450 6041024 OTHER SCHOLARSHIP PROGRAMS 572866 NATIONAL SCHOLARS' CONFERENCE 2420000 2420000 AMERICAN SPIRIT BRIDGE 11839595 8461024 117072 27940383 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 70 0 13 1 0 0 0 0 0 1 1 0 0 X 74 74 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X X X HALT BUZAS & POWELL LTD 7038361350 1199 N FAIRFAX ST 10TH FLOOR ALEXANDRIA VA 22314 DAVID L SOKOL CHAIRMAN EMERITUS 1.00 X X 0 0 0 PAUL ANTHONY NOVELLY IMMEDIATE PAST CHAIRMAN 1.00 X X 0 0 0 GEORGE L ARGYROS CHAIRMAN EMERITUS 1.00 X 0 0 0 JOSEPH NEUBAUER CHAIRMAN EMERITUS 1.00 X 0 0 0 DENNIS R WASHINGTON CHAIRMAN EMERITUS 1.00 X 0 0 0 WALTER SCOTT JR ENDOWMENT FUND CHM & PRES 1.00 X 0 0 0 CHRIS SULLIVAN MEMBER-AT-LARGE 1.00 X 0 0 0 ANTHONY WELTERS TREASURER 1.00 X X 0 0 0 BARBARA BARRETT VICE PRESIDENT 1.00 X 0 0 0 HERBERT F BOECKMANN II BOARD MEMBER 1.00 X 0 0 0 ROBERT J BROWN BOARD MEMBER 1.00 X 0 0 0 DORIS K CHRISTOPHER BOARD MEMBER 1.00 X 0 0 0 ARTHUR A CIOCCA BOARD MEMBER 1.00 X 0 0 0 JOSEPH CLARK BOARD MEMBER 1.00 X 0 0 0 DEAN A CORTOPASSI BOARD MEMBER 1.00 X 0 0 0 LOU DOBBS BOARD MEMBER 1.00 X 0 0 0 WILLIAM J DORE BOARD MEMBER 1.00 X 0 0 0 WILLIAM F FARLEY BOARD MEMBER 1.00 X 0 0 0 SAM FOX BOARD MEMBER 1.00 X 0 0 0 TERRY M GILES BOARD MEMBER 1.00 X 0 0 0 JACK M GILL BOARD MEMBER 1.00 X 0 0 0 BILL GREEHEY BOARD MEMBER 1.00 X 0 0 0 PATRICK P LEE BOARD MEMBER 1.00 X 0 0 0 JOHN F GRUNDHOFER BOARD MEMBER 1.00 X 0 0 0 THOMAS S HAGGAI BOARD MEMBER 1.00 X 0 0 0 CRAIG HALL BOARD MEMBER 1.00 X 0 0 0 H WAYNE HUIZENGA CHAIRMAN EMERITUS 1.00 X 0 0 0 MELVYN N KLEIN BOARD MEMBER 1.00 X 0 0 0 RICHARD L KNOWLTON CHAIRMAN EMERITUS 1.00 X 0 0 0 LEE E MIKLES BOARD MEMBER 1.00 X 0 0 0 JAMES R MOFFETT CHAIRMAN EMERITUS 1.00 X 0 0 0 R JAMES NICHOLSON BOARD MEMBER 1.00 X 0 0 0 KENNETH G LANGONE BOARD MEMBER 1.00 X 0 0 0 CARL H RICKER JR BOARD MEMBER 1.00 X 0 0 0 HARRY S RINKER BOARD MEMBER 1.00 X 0 0 0 STEPHEN C SCHOTT BOARD MEMBER 1.00 X 0 0 0 RONALD M SIMON BOARD MEMBER 1.00 X 0 0 0 CLARENCE THOMAS BOARD MEMBER 1.00 X 0 0 0 SIDNEY D WOLK BOARD MEMBER 1.00 X 0 0 0 CRAIG O MCCAW BOARD MEMBER 1.00 X 0 0 0 AL ANNEXSTAD MEMBER-AT-LARGE 1.00 X 0 0 0 JENARD M GROSS BOARD MEMBER 1.00 X 0 0 0 HOWARD M MEYERS BOARD MEMBER 1.00 X 0 0 0 ROBERT G MILLER BOARD MEMBER 1.00 X 0 0 0 BRIAN MULRONEY PC CC LLD BOARD MEMBER 1.00 X 0 0 0 JOSEPH M GRANT BOARD MEMBER 1.00 X 0 0 0 JAMES M SENEFF JR BOARD MEMBER 1.00 X 0 0 0 EARL W STAFFORD SR BOARD MEMBER 1.00 X 0 0 0 ROBERT L WRIGHT JR BOARD MEMBER 1.00 X 0 0 0 JEFFREY A RICH BOARD MEMBER 1.00 X 0 0 0 HARRY S PATTEN BOARD MEMBER 1.00 X 0 0 0 BYRON D TROTT CHAIRMAN 1.00 X X 0 0 0 WANDA M AUSTIN BOARD MEMBER 1.00 X 0 0 0 GREG P RENKER AT-LARGE MEMBER 1.00 X 0 0 0 THOMAS JOSEPH SHANNON JR BOARD MEMBER 1.00 X 0 0 0 V PREM WATSA MEMBER-AT-LARGE 1.00 X 0 0 0 JOHN H WEILAND BOARD MEMBER 1.00 X 0 0 0 MATTHEW K ROSE PRESIDENT 1.00 X X 0 0 0 GLENN B STEARNS BOARD MEMBER 1.00 X 0 0 0 CHARLES C ANDERSON SR BOARD MEMBER 1.00 X 0 0 0 LEE R ANDERSON SR BOARD MEMBER 1.00 X 0 0 0 LEON G COOPERMAN BOARD MEMBER 1.00 X 0 0 0 JAMES F DICKE II BOARD MEMBER 1.00 X 0 0 0 FOSTER STEPHEN FRIESS BOARD MEMBER 1.00 X 0 0 0 EDMUND A HAJIM BOARD MEMBER 1.00 X 0 0 0 RONALD G HARRINGTON BOARD MEMBER 1.00 X 0 0 0 RANDALL DEE HUBBARD BOARD MEMBER 1.00 X 0 0 0 GILBERT E LEVASSEUR JR BOARD MEMBER 1.00 X 0 0 0 HARVEY L MASSEY BOARD MEMBER 1.00 X 0 0 0 ALAN B MILLER BOARD MEMBER 1.00 X 0 0 0 T DENNY SANFORD BOARD MEMBER 1.00 X 0 0 0 DAVID L STEWARD BOARD MEMBER 1.00 X 0 0 0 PETER W STOTT BOARD MEMBER 1.00 X 0 0 0 J RONALD TERWILLIGER BOARD MEMBER 1.00 X 0 0 0 TERRENCE J GIROUX EXECUTIVE DIRECTOR 37.50 5.00 X 3448282 0 55495 CONSTANTINE KATSARAKIS DIRECTOR STRATEGIC INITIAT 37.50 X 223373 0 26492 MARGARET SLIPEK MANAGER EDITORIAL SERVICES 37.50 X 144466 0 33816 3816121 0 115803 3 0 1 0 LINDER & ASSOCIATES 2150 WISCONSIN AVENUE NW WASHINGTON DC 20007 EVENT MANAGEMENT 1243870 DESIGN FOUNDRY 1851 SOUTH CLUB DRIVE UNIT B HYATTSVILLE MD 20785 EVENT DESIGN 630699 CLOVERLEA ENTERTAINMENT 1623 CHERRYSTONE DR EDGEWATER MD 21037 VIDEO PRODUCTION SERVICES 445619 SHOWCALL INC 19566 AMARANTH DRIVE GERMANTOWN MD 20874 EQUIPMENT RENTAL & LABOR 409871 TALENT SOURCE INC 131 S HARRISON ST EASTON MD 21601 ENTERTAINMENT 309152 25 9358214 23071743 32429957 AWARDS EVENT 900099 282250 282250 VIDEO AND BOOK SALES 900099 117072 117072 399322 512295 512295 7848102 7846018 2084 2084 2084 33343658 399322 0 514379 3130275 3130275 14054964 14054964 202674 202674 605461 444005 80728 80728 1183892 1015893 103195 64804 57413 48631 5239 3543 115525 100764 9166 5595 100239 82186 10154 7899 73801 7546 66255 317914 229507 88407 34961 34961 1134716 1030519 73484 30713 276241 212278 63963 398514 360725 32640 5149 354220 309719 25030 19471 603286 561500 38349 3437 2867978 2840637 27201 140 15766 12927 1597 1242 27165 393 26772 AUDIO VISUAL & MULTIMED 2990538 2981290 9248 BAD DEBT EXPENSE 552887 552887 ALL OTHER EXPENSES 206528 162494 44034 RECOGNITION ITEMS 175224 131956 43268 19500 19500 29499682 27940383 1336578 222721 22496919 21194313 10926060 12641246 934949 1333675 827149 775129 28193 52020 11955366 10403354 0 333444 46341487 45958052 418795 486128 30132754 25757533 30551549 26243661 X 1047279 3866977 14742659 15847414 15789938 19714391 46341487 45958052 3843976 80477 0 X X 0 1 X 1 0 X 15077238 14860540 20017683 28614928 32429957 111000346 15077238 14860540 20017683 28614928 32429957 111000346 2744850 108255496 551199 485604 410812 428190 512295 2388100 113388446 1762267 0.95470 0.90730 X 0 169146128 29306100 29524133 2561524 225414837 153719165 7877890 15060872 4985641 2526158 169146128 135484539 31117583 -4507095 3098500 5277362 153719165 115307546 21054942 4700919 2514793 3064075 135484539 84703189 12454887 20355013 1005308 1200235 115307546 0.93220 0.04590 0.02190 0 1 1 338180 338179 1 488969 436950 52019 52020 OTHER INVESTMENTS 10403354 F 10403354 SCHOLARSHIPS PAYABLE 25664192 DEFERRED RENT 92826 DEFERRED COMPENSATION LIABILITY 515 25757533 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO FUND UNDERGRADUATE AND GRADUATE SCHOLARSHIPS IN HONOR OF HORATIO ALGER MEMBERS AT THE NATIONAL, STATE LEVELS, AND WITHIN CANADA. THEY ARE ALSO USED TO ADVANCE THE ASSOCIATION'S NATIONAL VISIBILITY INITIATIVES THROUGH PUBLIC SERVICE ADVERTISING, CONCERTS, AND COMMUNICATIONS PROGRAM WHICH SHOULD ULTIMATELY ASSIST IN RAISING VISIBILITY AND INCREASE CONTRIBUTIONS. PART X, LINE 2: HORATIO AND THE FUND HAVE BEEN RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND EACH HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT-A-PRIVATE FOUNDATION. MANAGEMENT EVALUATED THE TAX POSITIONS AND CONCLUDED THAT HORATIO AND THE FUND HAVE TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. 0 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES TO PROVIDE SCHOLARSHIP ASSISTANCE TO HELP PROMISING HIGH SCHOOL STUDENTS ATTEND COLLEGE AND TO SPREAD THE MESSAGE REGARDING THE OPPORTUNITIES A FREE ENTERPRISE SYSTEM PROVIDES. 202674 0 0 0 0 0 0 202674 0 202674 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES GENERAL PURPOSES 202674 WIRE TRANSFER 1 0 0 0 0 0 0 1 THE MORTEL FAMILY CHARITABLE FOUNDATION 1229 SAND HILL ROAD HUMMELSTOWN PA 17036 232875876 501(C)(3) 50000 BOOK EDUCATIONAL GRANT JOBREDI FOUNDATION 11292 ALPINE ROAD STOCKTON CA 95212 475109064 501(C)(3) 585000 BOOK EDUCATIONAL GRANT UNIVERSITY OF NORTH CAROLINA WILMINGTON 601 S COLLEGE ROAD WILMINGTON NC 28403 561258660 501(C)(3) 30800 BOOK EDUCATIONAL GRANT RANDOLPH-MACON ACADEMY 200 ACADEMY DRIVE FRONT ROYAL VA 22630 540505939 501(C)(3) 25000 BOOK EDUCATIONAL GRANT COLLEGE FOUNDATION INC 2917 HIGHWOODS BLVD RALEIGH NC 27604 566046937 501(C)(3) 5475 BOOK EDUCATIONAL GRANT BRISTOL COMMUNITY COLLEGE FOUNDATION INC 777 ELSBREE STREET NO D-118 FALL RIVER MA 02720 042707491 501(C)(3) 5000 BOOK EDUCATIONAL GRANT JUILLIARD SCHOOL 60 LINCOLN PLAZA NEW YORK NY 10023 131624067 501(C)(3) 5000 BOOK EDUCATIONAL GRANT THE NATIONAL WWII MUSEUM 945 MAGAZINE STREET NEW ORLEANS LA 70130 721200790 501(C)(3) 2420000 BOOK TO SPONSOR A BRIDGE BETWEEN MUSEUM BUILDINGS 8 8 NATIONAL SCHOLARS PROGRAM 106 2338713 STATE SCHOLARSHIP PROGRAMS 702 6588176 WASHINGTON GRADUATE AND OTHER SCHOLARSHIP PROGRAMS 1092 5128074 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BASED ON EXTENSIVE SELECTION PROCESS AND DISBURSED DIRECTLY TO APPLICANT'S SCHOOL. X X X 0 0 0 0 0 0 0 0 0 TERRENCE J GIROUX EXECUTIVE DIRECTOR 400728 0 120000 0 2927554 0 24000 0 31495 0 3503777 0 2696498 0 CONSTANTINE KATSARAKIS DIRECTOR STRATEGIC INITIAT 163498 0 59875 0 0 0 16350 0 10142 0 249865 0 0 0 MARGARET SLIPEK MANAGER EDITORIAL SERVICES 137466 0 7000 0 0 0 13747 0 20069 0 178282 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 HORATIO ALGER ASSOCIATION,INC. IS A MEMBERSHIP ORGANIZATION. ADDITIONAL MEMBERS ARE ELECTED EVERY YEAR THROUGH AN EXTENSIVE SELECTION PROCESS. FORM 990, PART VI, SECTION A, LINE 7A FULL MEMBERSHIP BODY VOTES FOR BOARD, BOARD MEMBERS VOTE FOR EXECUTIVE COMMITTEE AND OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ASSOCIATION'S GOVERNANCE AND FINANCE CONSULTANT, EXECUTIVE MANAGEMENT AND ELECTED PRESIDENT AND CHAIRMAN. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EMPLOYEES ARE ASKED TO COMPLY WITH THE WRITTEN POLICY BY DISCLOSING ANY BUSINESS TRANSACTION IN WHICH BOARD MEMBER, STAFF OR THEIR FAMILIES HAVE A FINANCIAL INTEREST TO THE FULL BOARD. EXECUTIVE DIRECTOR PERSONALLY MONITORS ACTIVITIES OF MEMBERS TO ASSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS SET BY THE BOARD OF DIRECTORS AFTER RECEIVING A STUDY OF COMPARABLE ORGANIZATIONS BY TOWERS-PERRIN. THE REVIEW INCLUDES SALARY AND BENEFITS. ALL OTHER POSITIONS ARE EVALUATED BY TOWERS-PERRIN EVERY 3 YEARS, AND THEY PROVIDE THE ASSOCIATION WITH A STUDY OF COMPARABLE POSITIONS AND SALARY RANGES FOR EVERY JOB TITLE ON THE STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ONLY UPON REQUEST. FORM 990, PART XII, LINE 2C: THE NEW PRESIDENT/CEO APPOINTS AN AUDIT COMMITTEE ONCE HE OR SHE ASSUMES OFFICE. THE COMMITTEE APPOINTMENT COINCIDES WITH THE PRESIDENT'S TENURE IN THE OFFICE. HORATIO ALGER ENDOWMENT FUND 99 CANAL CENTER PLAZA 320 ALEXANDRIA VA 22314 272480291 HOLDS AND MANAGES ENDOWMENT FUNDS VA 501(C)(3) 509(A)(3), TYPE 2 0 THE HORATIO ALGER ASSOCIATION OF CANADA 1410 STANLEY STREET SUITE 1010 MONTREAL QUEBEC CA SCHOLARSHIP ASSISTANCE CA 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 0 1 1 0 HORATIO ALGER ENDOWMENT FUND C 9358214 COST THE HORATIO ALGER ASSOCIATION OF CANADA B 202674 COST HORATIO ALGER ENDOWMENT FUND Q 882300 COST HORATIO ALGER ENDOWMENT FUND D 333444 COST