2016-11-14T07:52:01-06:00 2015-12-31 521511275 RAFFA PC 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2015-01-01 264035461 THE ESPERANZA EDUCATION FUND INC ESPE 2026564673 PO BOX 27507 WASHINGTON DC 20038 ROMAN GOLDSTEIN TREASURER 2026564673 2016-11-14 1 FRANK H SMITH P00639053 2028225000 2016-11-14 2015 2017-02-10 21:41:12Z FRANCELLA CHINCHILLA PO BOX 27507 WASHINGTON DC 20038 122262 0 X WWW.ESPERANZAFUND.ORG X 2009 DC PROVIDE COLLEGE SCHOLARSHIPS AND MENTORING TO IMMIGRANT STUDENTS IN DC, MD, AND VA. 6 6 1 50 0 0 0 115144 0 0 0 275 0 190 0 115609 0 80022 0 0 0 12830 0 0 0 0 13919 0 106771 0 8838 321508 332633 195026 258357 126482 74276 THE ESPERANZA EDUCATION FUND (THE FUND) PROVIDES COLLEGE SCHOLARSHIPS AND MENTORING TO IMMIGRANT STUDENTS IN DC, MARYLAND, AND VIRGINIA. 0 0 87738 80022 IN 2015, THE ESPERANZA EDUCATION FUND AWARDED COLLEGE SCHOLARSHIPS WORTH $80,022 TO VARIOUS HIGH SCHOOL STUDENTS FROM DC, MARYLAND, AND VIRGINIA. THE STUDENTS CAME FROM, OR THEIR PARENTS CAME FROM, SEVERAL DIFFERENT COUNTRIES. ESPERANZA SELECTED THESE STUDENTS FROM OVER 450 APPLICATIONS.THE ESPERANZA EDUCATION FUND MATCHES EACH OF ITS SCHOLARS WITH A MENTOR (IF THE SCHOLAR DESIRES) AND PROVIDES SUPPORT TO THE STUDENTS THROUGHOUT THEIR COLLEGE CAREERS. THESE EXPENSES INCLUDE TRAVEL REIMBURSEMENT FOR THE MENTORS TO VISIT THEIR SCHOLARS ON CAMPUS AND VARIOUS EVENTS THAT WE HOST, INCLUDING A CAREER DEVELOPMENT CONFERENCE. 87738 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 X 6 6 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X ROMAN GOLDSTEIN 2026564673 PO BOX 27507 WASHINGTON DC 20038 FRANCELLA CHINCHILLA CHAIR 5.00 X X 0 0 0 ALICE WANG CHAIR (UNTIL 04/2015) 5.00 X X 0 0 0 ALEX LIN SECRETARY 5.00 X X 0 0 0 ROMAN GOLDSTEIN TREASURER 5.00 X X 0 0 0 ANDREW FELTON TREASURER (UNTIL 04/2015) 5.00 X X 0 0 0 ALVARO BEDOYA DIRECTOR 5.00 X 0 0 0 MICHELLE SCHWARTZ DIRECTOR 5.00 X 0 0 0 MARIE SCOTT DIRECTOR (UNTIL 04/2015) 5.00 X 0 0 0 JASON STEINHAUER DIRECTOR 5.00 X 0 0 0 ALISON COLLIER DIRECTOR OF OPERATIONS 20.00 X 10663 0 0 10663 0 0 0 0 0 0 0 14900 100244 115144 275 275 6385 14900 6653 -268 -268 REIMBURSED EXPENSES 900099 358 358 MISCELLANEOUS 900099 100 100 458 115609 0 0 465 80022 80022 10663 5332 5331 2167 1083 1084 970 970 1500 1500 1718 1718 5818 5818 400 200 200 10 10 1537 1101 436 1431 1431 MISCELLANEOUS 525 525 LICENSES & PERMITS 10 10 106771 87738 19033 0 223136 240739 91607 91819 6765 0 75 321508 332633 208 650 194818 257707 195026 258357 X 126482 74276 126482 74276 321508 332633 8838 -61044 0 X 0 0 0 X 99772 54554 68471 150886 115144 488827 99772 54554 68471 150886 115144 488827 165369 323458 1433 1718 595 531 275 4552 100 100 493479 23945 0.65550 0.60790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2011 AMOUNT: $ 0. 2012 AMOUNT: $ 0. 2013 AMOUNT: $ 0. 2014 AMOUNT: $ 0. 2015 AMOUNT: $ 100. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED BENEFIT CONCERT 21285 14900 6385 400 4044 1000 1209 21285 14900 6385 400 4044 1000 1209 6653 -268 1 COLLEGE SCHOLARSHIPS 35 80022 PART I, LINE 2: THE FUND GRANTS SCHOLARSHIP AWARDS TO STUDENTS IN THE YEAR THEY APPLY FOR AND RECEIVE THE SCHOLARSHIP BUT DISBURSES THE FUNDS DIRECTLY TO THE STUDENT'S EDUCATIONAL INSTITUTION IN PRO-RATED AMOUNTS AT THE BEGINNING OF EACH ACADEMIC SEMESTER THROUGHOUT THE COURSE OF THE STUDENT'S EDUCATION. SCHOLARSHIPS MAY BE REVOKED DUE TO A SCHOLAR'S FAILURE TO COMPLY WITH THE TERMS OF THE SCHOLARSHIP. TO MAINTAIN THEIR SCHOLARSHIPS, SCHOLARS MUST: - ENROLL FULL-TIME AT AN ACCREDITED PUBLIC COLLEGE OR UNIVERSITY; - REMAIN IN GOOD STANDING AND MAINTAIN A 2.5 GRADE POINT AVERAGE; - SUBMIT YEARLY TRANSCRIPTS AND PROGRESS REPORTS TO THE ESPERANZA EDUCATION FUND; AND - ATTEND MANDATORY EVENTS HOSTED BY THE ESPERANZA EDUCATION FUND, INCLUDING SCHOLAR ORIENTATION AND CAREER DAY. FORM 990, PART VI, SECTION A, LINE 4 THE FUND AMENDED ITS BYLAWS ON JANUARY 5, 2015. PER THE AMENDED BYLAWS, THE MAXIMUM NUMBER OF BOARD DIRECTORS WHO COULD SERVE ON THE BOARD EXPANDED FROM SEVEN TO NINE. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT VERSION OF THE FEDERAL FORM 990 IS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BYLAWS STATE THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS MUST DECLARE ANY CONFLICTS OF INTEREST AS SOON AS THEY ARISE. FURTHERMORE, ALL VOLUNTEERS WHO HELP GRADE SCHOLARSHIP APPLICATIONS MUST ALSO SIGN THE CONFLICT OF INTEREST FORM. FORM 990, PART VI, SECTION B, LINE 15 THE FUND HAS ONE, PART-TIME EMPLOYEE, WHO SERVES AS THE DIRECTOR OF OPERATIONS. HER COMPENSATION IS DETERMINED BASED ON THE DISCRETION OF THE BOARD OF DIRECTORS. ONCE THE COMPENSATION HAS BEEN DETERMINED, IT IS THEN DISCUSSED WITH THE DIRECTOR OF OPERATIONS PRIOR TO IT BEING APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE FUND MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.