GREENWICH SCHOLARSHIP ASSOCIATION INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
GREENWICH SCHOLARSHIP ASSOCIATION INC (EIN 06-1467698)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-12
IRS object ID
201621339349304877
Schema version
2014v6.0
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)
Return2016-05-12T15:49:09-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061325235PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Dylewsky Goldberg & Brenner LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line130 Oak StreetAddressLine1Txt
CityStamfordCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06905ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061467698EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Greenwich Scholarship Association IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGREEBusinessNameControlTxt
Phone2039758830PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 4627AddressLine1Txt
CityGreenwichCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06831ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWilliam DylewskyPersonNm
Person TitleTreasurerPersonTitleTxt
Phone2036619799PhoneNum
Signature2016-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWilliam A DylewskyPreparerPersonNm
PTINP01265934PTIN
Phone2039758830PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWilliam DylewskyPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 4627AddressLine1Txt
CityGreenwichCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06831ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,045,231GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.greenwichscholarship.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1972FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionTo provide need-based financial assistance from its own funds and various sponsors to graduating Greenwich students for the students' higher education.ActivityOrMissionDesc
Voting Members Governing Body24VotingMembersGoverningBodyCnt
Voting Members Independent24VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$544,842PYContributionsGrantsAmt
CY Contributions Grants$791,321CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$44,991PYInvestmentIncomeAmt
CY Investment Income$64,619CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$589,833PYTotalRevenueAmt
CY Total Revenue$855,940CYTotalRevenueAmt
PY Grants And Similar Paid$508,311PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$540,233CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$13,192PYOtherExpensesAmt
CY Other Expenses$17,358CYOtherExpensesAmt
PY Total Expenses$521,503PYTotalExpensesAmt
CY Total Expenses$557,591CYTotalExpensesAmt
PY Revenues Less Expenses$68,330PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$298,349CYRevenuesLessExpensesAmt
Total Assets BOY$1,442,130TotalAssetsBOYAmt
Total Assets EOY$1,679,408TotalAssetsEOYAmt
Total Liabilities BOY$570,805TotalLiabilitiesBOYAmt
Total Liabilities EOY$569,538TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$871,325NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,109,870NetAssetsOrFundBalancesEOYAmt
MissionTo provide need-based financial assistance from its own funds and various sponsors to graduating Greenwich students for the students' higher education.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$540,233ExpenseAmt
Grant$540,233GrantAmt
DescGreenwich Scholarship Association provides financial assistance from its own funds and various sponsors to 120 high school seniors in Greenwich schools for the students' higher education.Desc
Total Program Service Expenses$540,233TotalProgramServiceExpensesAmt
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
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
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
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members24GoverningBodyVotingMembersCnt
Independent Voting Member24IndependentVotingMemberCnt
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 PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1William A Dylewsky CPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2039758830PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 Oak StreetAddressLine1Txt
CityStamfordCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06905ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Leslie Alfano
VP Interviews1.00Yes (X)Yes (X)$0$0$0
Anne Bourne
At-Large Director1.00Yes (X)$0$0$0
Judy Chapman
VP Events1.00Yes (X)Yes (X)$0$0$0
William Dylewsky
Assistant Treasurer1.00Yes (X)Yes (X)$0$0$0
Terri Haidinger
Bookeeper1.00Yes (X)Yes (X)$0$0$0
Marie Hertzig
President1.00Yes (X)Yes (X)$0$0$0
Barbara Hindman
VP Public Relations1.00Yes (X)Yes (X)$0$0$0
Kerri Ann Hofer
At-Large Director1.00Yes (X)$0$0$0
Catherine Holden
VP Students1.00Yes (X)Yes (X)$0$0$0
Allan Jay
Treasurer1.00Yes (X)Yes (X)$0$0$0
Diane Keleher
Secretary1.00Yes (X)Yes (X)$0$0$0
Cindy Lindemeyer
At-Large Director1.00Yes (X)$0$0$0
Jennifer Lynch
GHS Liaison1.00Yes (X)$0$0$0
Linda J Miller
At-Large Director1.00Yes (X)$0$0$0
Judith Nedell
GHS Guidance Director1.00Yes (X)$0$0$0
Jennifer D Port
Legal Counsel1.00Yes (X)$0$0$0
Rod Saggese
At-Large Director1.00Yes (X)$0$0$0
Juliet Schnur
VP Allocations1.00Yes (X)Yes (X)$0$0$0
Adrianne Singer
At-Large Director1.00Yes (X)$0$0$0
Geoffrey Thaw
At-Large Director1.00Yes (X)$0$0$0
Linna Yee
At-Large Director1.00Yes (X)$0$0$0
Elizabeth Zaccherio
At-Large Director1.00Yes (X)$0$0$0
Chris Zadik
At-Large Director1.00Yes (X)$0$0$0
Donna Zeale
At-Large Director1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
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$791,321AllOtherContributionsAmt
Total Contributions$791,321TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,297TotalRevenueColumnAmt
Exclusion$20,297ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$211,340SecuritiesAmt
Other$22,273OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$189,291SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$22,049SecuritiesAmt
Other$22,273OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$44,322TotalRevenueColumnAmt
Exclusion$44,322ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$855,940TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$64,619ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$540,233TotalAmt
Program Services$540,233ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$4,736TotalAmt
Management And General$4,736ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescAdministrative expensesDesc
Total$12,622TotalAmt
Management And General$12,622ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$557,591TotalAmt
Program Services$540,233ProgramServicesAmt
Management And General$17,358ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$582,914BOYAmt
EOY$506,790EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$227,240BOYAmt
EOY$504,728EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$600,223BOYAmt
EOY$666,790EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$31,753BOYAmt
EOY$1,100EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,442,130BOYAmt
EOY$1,679,408EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,808BOYAmt
EOY$1,719EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$567,997BOYAmt
EOY$567,819EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$570,805BOYAmt
EOY$569,538EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$161,477BOYAmt
EOY$189,052EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$546,161BOYAmt
EOY$766,277EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$163,687BOYAmt
EOY$154,541EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$871,325BOYAmt
EOY$1,109,870EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,442,130BOYAmt
EOY$1,679,408EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$298,349ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$64,540NetUnrlzdGainsLossesInvstAmt
Investment Expense$4,736InvestmentExpenseAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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$618,169CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$523,444CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$577,549CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$544,842CurrentTaxYearMinus1YearAmt
Current Tax Year$791,321CurrentTaxYearAmt
Total$3,055,325TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$618,169CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$523,444CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$577,549CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$544,842CurrentTaxYearMinus1YearAmt
Current Tax Year$791,321CurrentTaxYearAmt
Total$3,055,325TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$133,928SubstantialContributorsTotAmt
Public Support Total170$2,921,397PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,380CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$25,109CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$48,678CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$44,991CurrentTaxYearMinus1YearAmt
Current Tax Year$64,619CurrentTaxYearAmt
Total$210,777TotalAmt
FieldValueIRS element (for citing)
Total Support$3,266,102TotalSupportAmt
Public Support CY1700.89450PublicSupportCY170Pct
Public Support PY1700.88560PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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$871,325BeginningYearBalanceAmt
Contributions$791,321ContributionsAmt
Investment Earnings Or Losses$79InvestmentEarningsOrLossesAmt
Other Expenditures$540,233OtherExpendituresAmt
Administrative Expenses$12,622AdministrativeExpensesAmt
End Year Balance$1,109,870EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$759,752BeginningYearBalanceAmt
Contributions$544,533ContributionsAmt
Investment Earnings Or Losses$88,543InvestmentEarningsOrLossesAmt
Other Expenditures$509,779OtherExpendituresAmt
Administrative Expenses$11,724AdministrativeExpensesAmt
End Year Balance$871,325EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$606,359BeginningYearBalanceAmt
Contributions$577,549ContributionsAmt
Investment Earnings Or Losses$48,562InvestmentEarningsOrLossesAmt
Other Expenditures$460,264OtherExpendituresAmt
Administrative Expenses$12,454AdministrativeExpensesAmt
End Year Balance$759,752EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$575,424BeginningYearBalanceAmt
Contributions$523,444ContributionsAmt
Investment Earnings Or Losses$2,876InvestmentEarningsOrLossesAmt
Other Expenditures$483,824OtherExpendituresAmt
Administrative Expenses$11,561AdministrativeExpensesAmt
End Year Balance$606,359EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$493,851BeginningYearBalanceAmt
Contributions$618,169ContributionsAmt
Investment Earnings Or Losses$83,091InvestmentEarningsOrLossesAmt
Other Expenditures$608,963OtherExpendituresAmt
Administrative Expenses$10,724AdministrativeExpensesAmt
End Year Balance$575,424EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.17030BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.13930PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.69040TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescStocksDesc
Book Value$666,790BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$666,790TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Scholarships payable$523,127
Deferred scholarships payable$44,692
FieldValueIRS element (for citing)
Total Liability$567,819TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$791,400TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$64,540NetUnrealizedGainsInvstAmt
Revenue Not Reported-$64,540RevenueNotReportedAmt
Revenue Subtotal$855,940RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$855,940TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$552,855TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$552,855ExpensesSubtotalAmt
Investment Expenses Not Incld2$4,736InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$4,736ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$557,591TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part V, Line 4:The endowment fund monies are used in connection with the awarding of certain specified scholarship to graduating high school students on a need basis and field of study.
Part X, Line 2:The Organization is exempt from federal and state income taxes pursuant to the provisions of Section 501(c) (3) of the Internal Revenue Code and has been classified as other than a private foundation. Accordingly, no provision for income taxes is recorded in the financial statements. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Organization and recognize a tax liability (or asset) if it has taken an uncertain position that more-likely-than-not would not be sustained upon examination by the applicable taxing authorities. Management has analyzed the tax positions, and has concluded that as of June 30, 2015, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2012.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeCollege scholarshipsGrantTypeTxt
Recipient124RecipientCnt
Cash Grant$540,233CashGrantAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11The Form 990 will be reviewed by the President and Treasurer prior to filing with the IRS. Also a copy is emailed to each board member for their review.
Form 990, Part VI, Section B, line 12cEach board member signs a conflict of interest statement annually.
Form 990, Part VI, Section C, line 19The organization makes its Form 990 available on guidestar.org. In addition, the Forms 1023 and 990 as well as the audited financial statements, governing documents are available upon written request at the organization's business office.

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