2014-02-06T09:59:42-06:00 2013-06-30 KPMG LLP 4200 Wells Fargo Ctr 90 S 7th Minneapolis MN 55402 990 2012-07-01 042296967 Scholarship America Inc % Richard S Greene CFO SCHO 5079311682 One Scholarship Way Suite SAINT PETER MN 56082 Richard S Greene 9528307396 2014-02-15 true 6123055000 2012 2016-02-25 16:41:14Z 195634886 false X www.scholarshipamerica.org X 1961 MA The mission of Scholarship America, Inc. is to mobilize America through scholarships and educational support to make postsecondary education possible for all students. 13 13 177 21000 0 143055784 151980658 9361822 9281082 4439154 5176932 -18672 -33528 156838088 166405144 148782888 151289599 0 0 7869395 8429526 162750 0 1520647 3620798 3867317 160435831 163586442 -3597743 2818702 187985505 188908618 52688501 50706502 135297004 138202116 X SEE SCHEDULE O ATTACHMENT 1 false false 156658360 151319599 8867837 Scholarship Management services is the leading scholarship services program in the country, helping corporations, foundations and individuals design and administer scholarship and related educational assistance programs. 1354325 413245 Dollars for Scholars is a national network of approximately 800 local affiliates, driven by local volunteers that provide scholarships and educational support to hometown students in 2,850 communities across the country. 367368 Dreamkeepers is a college-based emergency grant program designed to help students with an unforeseen financial emergency stay in college. 26790 Other - Education Programs & Policy 26790 158406843 true true false false false false false false false true true false false false true true true false false false true true true true true false false false true true false false false false false false false false true false false false false false false false false true 1061 0 true 177 true false true CA false false false false false false false false false false false X 13 13 false false false false false true false true true false true true true true true true true true true true false AL AK AZ AR CA CO CT DC FL GA HI IL IN IA KS KY ME MD MA MI MN MS MT NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA WA WV WI X X Richard S Greene CFO 9528307396 ONE SCHOLARSHIP WAY SAINT PETER MN 56802 X JBarry Griswell 5.0 X 0 0 0 Mim Schreck 3.0 X X 0 0 0 Lauren A Segal 40.0 X X 263003 0 27248 Judith Allen 5.0 X 0 0 0 Timothy A Christensen 5.0 X X 0 0 0 Tina T Lee 5.0 X 0 0 0 Michael D Ryan 5.0 X X 0 0 0 Michael J Ryder 5.0 X X 0 0 0 Seema R Shah 3.0 X 0 0 0 Robert C Ballard 3.0 X 0 0 0 Jay Morris 3.0 X 0 0 0 Mark D Quick 3.0 X 0 0 0 Roxanne Splillett 3.0 X 0 0 0 Barbara M Kuzdzol 5.0 X X 0 0 0 Rhianna Quinn Roddy 30.0 X 187136 0 16729 Terrance Kraling 40.0 X 162407 0 14170 Mary Larson 40.0 X 133941 0 9075 Mark Smith 40.0 X 111764 0 8058 858251 0 75280 9 false true false Iret Properties 10050 Crosstown Circle Ste 105 EDEN PRARIE MN 55344 Property Owner 160523 Hill Company Communications 1050 Marina Village Parkway Ste 10 ALAMEDA CA 94501 Mktg Communication 232132 IEG LLC 350 North Orleans Street STE 1200 CHICAGO IL 60654 Consulting 140000 VoyageurWeb PO Box 205 MANKATO MN 56002 Software Programming 111438 Internet Exposure Inc 1101 Washington Ave South MINNEAPOLIS MN 55145 Software Programming 110000 5 X 33154 151947504 151980658 MANAGEMENT FEES 900099 8867837 8867837 DOLLARS FOR SCHOLARS 900099 413245 413245 9281082 2890246 2890246 0 0 0 0 0 31482900 29196214 2286686 2286686 2286686 33154 33528 -33528 -33528 0 0 0 166405144 9281082 5143404 0 147189867 147189867 4099732 4099732 0 853412 187136 601898 64378 0 6370894 3836601 1566338 967955 0 695713 449435 163949 82329 509507 286379 145203 77925 1066835 542296 461137 63402 196644 106316 87027 3301 78350 78350 0 0 0 0 268810 189148 39987 39675 307742 221322 63683 22738 0 0 387472 228769 131314 27389 601588 303431 177039 121118 0 0 43011 38469 4542 0 285269 227640 53671 3957 118530 87312 21545 9673 PRINTING 197309 160542 30872 5895 POSTAGE & DELIVERY 246130 227848 10962 7320 MISCELLANEOUS 69627 24600 21435 23592 163586442 158406843 3658952 1520647 0 0 36712318 27509871 2650448 2255062 2607208 2761546 0 0 0 0 0 0 0 0 237727 199259 8752562 6146626 2715825 2605936 142819941 153338644 0 0 0 0 0 0 242038 238300 187985505 188908618 875186 837140 0 0 0 0 0 0 0 0 0 0 1465574 1329998 0 0 50347741 48539364 52688501 50706502 X 8498424 8170733 109614862 113400570 17183718 16630813 135297004 138202116 187985505 188908618 X 2818702 465776 -379366 X false true X true false X 158528948 141752610 140478327 143055784 151980658 735796327 0 0 158528948 141752610 140478327 143055784 151980658 735796327 0 735796327 5250051 4013159 3688280 3352273 2890246 19194009 0 0 0 0 0 0 0 754990336 46612037 0.97458 0.91570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20693045 43955 1001760 616554 741363 20380843 18055616 2014528 1122048 472890 26257 20693045 15986375 1992818 1485874 280587 1128865 18055615 15501881 61542 1461629 1034386 4291 15986375 21674965 19308 -787490 478489 4926413 15501881 0.08000 0.81000 0.11000 false false 329436 329436 4792478 2767804 2024674 3630648 3378822 251826 2605936 0 SCHOLARSHIPS PAYABLE 22725740 REFUNDABLE DEPOSITS 25813624 48539364 X 166904740 465776 292 33528 499596 166405144 166405144 163620262 292 33528 33820 163586442 163586442 Use of Endowment Funds Part V, Line 4 Scholarships: Nearly all of Scholarship America's endowment funds are for scholarship programs as specified by the donors. The donor agreements outline any special award criteria concerning geographic location, school, course of study, etc., and whether or not the principal may be awarded. Dollars for Scholars: Donors also established small endowments which support operation of the Dollars for Scholars program. FIN 48 Footnote Part X, Line 2 Scholarship America's accounting policy provides that a tax expense or benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. Scholarship America has no uncertain tax positions resulting in an accrual of tax expense or benefit. Other Reconciling Items Parts XI, XII Part XI 33,528 DIRECT EXPENSES RELATED TO FUNDRAISING Part XII 33,528 DIRECT EXPENSES RELATED TO FUNDRAISING true Central America and the Caribbean Grantmaking Scholarship Award 44339 North America Grantmaking Scholarship Award 1749951 Sub-Saharan Africa Grantmaking Scholarship Award 65100 East Asia and the Pacific Grantmaking Scholarship Award 661150 Europe (Including Iceland and Greenland) Grantmaking Scholarship Award 1007811 Middle East and North Africa Grantmaking Scholarship Award 149400 Russia and the Newly Independent States Grantmaking Scholarship Award 14000 South America Grantmaking Scholarship Award 286581 South Asia Grantmaking Scholarship Award 121400 4099732 4099732 East Asia and the Pacific Scholarships 5500 CHECK OR ET East Asia and the Pacific Scholarships 7000 CHECK OR ET East Asia and the Pacific Scholarships 6500 CHECK OR ET East Asia and the Pacific Scholarships 7500 CHECK OR ET East Asia and the Pacific Scholarships 14000 CHECK OR ET East Asia and the Pacific Scholarships 9500 CHECK OR ET East Asia and the Pacific Scholarships 5500 CHECK OR ET South America Scholarships 6000 CHECK OR ET North America Scholarships 8500 CHECK OR ET North America Scholarships 9000 CHECK OR ET North America Scholarships 6000 CHECK OR ET North America Scholarships 46000 CHECK OR ET North America Scholarships 27000 CHECK OR ET North America Scholarships 13000 CHECK OR ET North America Scholarships 8400 CHECK OR ET North America Scholarships 30700 CHECK OR ET North America Scholarships 13500 CHECK OR ET North America Scholarships 12375 CHECK OR ET North America Scholarships 6500 CHECK OR ET North America Scholarships 6500 CHECK OR ET North America Scholarships 26300 CHECK OR ET North America Scholarships 69900 CHECK OR ET North America Scholarships 69500 CHECK OR ET North America Scholarships 5100 CHECK OR ET North America Scholarships 11500 CHECK OR ET North America Scholarships 5500 CHECK OR ET North America Scholarships 8350 CHECK OR ET North America Scholarships 104900 CHECK OR ET North America Scholarships 8500 CHECK OR ET North America Scholarships 15750 CHECK OR ET North America Scholarships 7500 CHECK OR ET North America Scholarships 19200 CHECK OR ET North America Scholarships 10500 CHECK OR ET North America Scholarships 14000 CHECK OR ET North America Scholarships 14000 CHECK OR ET North America Scholarships 15500 CHECK OR ET North America Scholarships 6300 CHECK OR ET North America Scholarships 42500 CHECK OR ET North America Scholarships 54150 CHECK OR ET North America Scholarships 23500 CHECK OR ET North America Scholarships 65700 CHECK OR ET North America Scholarships 6275 CHECK OR ET North America Scholarships 10500 CHECK OR ET North America Scholarships 39000 CHECK OR ET North America Scholarships 12500 CHECK OR ET North America Scholarships 7550 CHECK OR ET North America Scholarships 41500 CHECK OR ET North America Scholarships 26100 CHECK OR ET North America Scholarships 97000 CHECK OR ET North America Scholarships 10000 CHECK OR ET North America Scholarships 8500 CHECK OR ET North America Scholarships 114200 CHECK OR ET North America Scholarships 86350 CHECK OR ET North America Scholarships 8000 CHECK OR ET North America Scholarships 7000 CHECK OR ET North America Scholarships 8000 CHECK OR ET North America Scholarships 47000 CHECK OR ET North America Scholarships 30500 CHECK OR ET South America Scholarships 5500 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 5500 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 8000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 5500 CHECK OR ET East Asia and the Pacific Scholarships 6500 CHECK OR ET North America Scholarships 18000 CHECK OR ET North America Scholarships 12500 CHECK OR ET North America Scholarships 8000 CHECK OR ET North America Scholarships 10000 CHECK OR ET North America Scholarships 6000 CHECK OR ET North America Scholarships 6250 CHECK OR ET East Asia and the Pacific Scholarships 27000 CHECK OR ET East Asia and the Pacific Scholarships 15000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 6000 CHECK OR ET East Asia and the Pacific Scholarships 7000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 8500 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 9500 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 10500 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 7500 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 8000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 8500 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 8000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 7000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 13375 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 9500 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 9000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 7000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 6000 CHECK OR ET North America SCHOLARSHIPS 6000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 6000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 10500 CHECK OR ET North America Scholarships 11500 CHECK OR ET North America Scholarships 10000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 6000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 44200 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 7500 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 6000 CHECK OR ET South Asia Scholarships 10000 CHECK OR ET East Asia and the Pacific Scholarships 7500 CHECK OR ET North America Scholarships 8500 CHECK OR ET Sub-Saharan Africa Scholarships 8000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 6000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 5500 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 6500 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 6000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 6000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 10000 CHECK OR ET Europe (Including Iceland and Greenland) Scholarships 27500 CHECK OR ET Scholarship Central America and the Caribbean 11 17100 CHECK OR ET Scholarship East Asia and the Pacific 153 356550 CHECK OR ET Scholarship Europe (Including Iceland and Greenland) 218 460200 CHECK OR ET Scholarship Middle East and North Africa 46 138400 CHECK OR ET Scholarship North America 26 65050 CHECK OR ET Scholarship Russia and the Newly Independent States 3 7000 CHECK OR ET Scholarship South America 56 165500 CHECK OR ET Scholarship South Asia 21 49300 CHECK OR ET Scholarship Sub-Saharan Africa 24 39500 CHECK OR ET false false false false false false Schedule F, Part I, Line 2 Grants outside the United States are competitively awarded using the process described in Schedule I (Grants...in the United States). In addition for each student Scholarship America obtains a verification of enrollment. Before payment the names of beneficiaries are compared to the Treasury Department, Office of Foreign Assets Control, Specially Designated Nationals List to make sure they are not on that list. Schedule F, Part II, Line 2 PAYMENTS TO ORGANIZATIONS OUTSIDE THE UNITED STATES ARE PRIMARILY TO COLLEGES AND UNIVERSITIES. THESE PAYMENTS ULTIMATELY REPRESENT GRANTS TO INDIVIDUAL STUDENTS AWARDED AT THE DISCRETION OF SCHOLARSHIP AMERICA. WHILE SCHOLARSHIP AMERICA KNOWS THE ORGANIZATIONS RECEIVING PAYMENT ARE NOT ON THE OFAC'S SDN LIST, WE ARE UNCERTAIN CONCERNING THE ORGANIZATIONS' CHARITY AND TAX EXEMPT STATUS. BASED ON ALL PUBLIC INFORMATION AVAILABLE, ALL ORGANIZATIONS RECEIVING GRANT PAYMENTS FROM SCHOLARSHIP AMERICA APPEAR TO BE INSTITUTES OF HIGHER EDUCATION CONSISTENT WITH SCHOLARSHIP AMERICA'S EXEMPT PURPOSE. X X X X X true Schultz and Williams Fundraising Councsel false 59631 59631 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY Light the Fire 33154 33154 33528 0 33154 33154 33528 33528 -33528 Part I, Question 2b, Item 1 Schultz and Williams is a consulting firm that provides counsel on the fundraising activities of Scholarship America. Schultz and Williams does not directly fundraise on behalf of Scholarship America. The counseling services provided by Schultz and Williams have been disclosed on this return to provide an added level of transparency with respect to their role in the fundraising activities of Scholarship America. true Scholarships 65028 147219867 SCHOLARSHIP MANAGEMENT SERVICES SCHEDULE I PART IV Scholarship America was formed to encourage citizen support of higher education including the administration of scholarship programs on behalf of participating corporations, foundations, and individuals. Scholarship America's grants to individuals for study purposes are made in compliance with procedures set forth in the Scholarship America awards kit on file with the IRS. In administering a scholarship program Scholarship America is available to perform the following in determining the recipients: 1. Prepare and furnish application forms; 2. Receive all application materials directly; 3. Process and evaluate all applications; 4. Determine the recipients and amount to be awarded; 5. Notify the recipients of their award; 6. Confirm the appropriate employment relationship or program eligibilities are met; 7. Confirm enrollment in a qualified educational institution; 8. Make payment of the award; 9. Supervise and investigate the use of the funds by the recipients in their educational programs. Recipients are determined by Scholarship America utilizing selection criteria based on a detailed analysis of the following candidate information: 1. Scholastic aptitude as measured by performance on a recognized scholastic aptitude test; 2. Scholastic performance measured by rank in class or grade point average; 3. Adult independent appraisal; 4. Work experience, interest, activities, and leadership contributions; 5. Financial need may also be taken into consideration. X X X X false false false false false false false false false Lauren A Segal 263003 0 0 0 0 0 0 0 27248 0 290251 0 0 0 Rhianna Quinn Roddy 187136 0 0 0 0 0 0 0 16729 0 203865 0 0 0 Terrance Kraling 162407 0 0 0 0 0 0 0 14170 0 176577 0 0 0 X 12 201284 MEAN OF MKT@GIFT DAT false true false Organization's Mission 990 Part III, Question 1 Scholarship America is a national education service organization. Our mission is to mobilize America through scholarships and educational support to make postsecondary success possible for all students. Scholarship America has distributed more than $3.1 billion in scholarship assistance to more than 2.0 million students since 1958. Scholarship America's programs help fund both entry-level and renewable, multi-year scholarships, as well as emergency financial grants. Programs include Dollars for Scholars, Dreamkeepers, the Dream Award scholarship program, and Scholarship Management Services. Group Elects Member of the Board: 990 Part VI, Question 7a Scholarship America has a group called Honor Roll Trustees (HRTs). The HRT group is comprised of former board members who have been off of the board for one year and were subsequently elected by the board to join this advisory group. In addition to advising the President the HRTs elect one of their members to a two year term on the board. Board Approval of Form 990: 990 Part VI, Question 11A Audit committee meets, reviews, and approves a draft of the Form 990. The results of their review are then shared for full board approval before it is filed with IRS. Monitoring Conflict of Interest: 990, Part VI, Question 12c Annually all board members and employees sign the conflict of interest disclosure form. Forms are reviewed by the Governance Committee. Based on the results of that review and discussion with the involved individual any appropriate action is taken. Review of President & CEO: 990, Part VI, Question 15b The Board annually reviews the President & CEO and sets the level of compensation based on performance and data regarding compensation for comparable positions. Availability of Information to the Public: 990, Part VI, Question 19 The Annual Report, Annual Audit and Form 990 are available to the public on the website. Articles, by-laws and conflict of interest policy are available upon request. Change in Net Assets 990, Part XI, Line 9 (615,245) Addition of Permanent Restriction of Endowment 235,879 Donor-Specified Release of Temporary Restriction (379,366) Total Change in Net Assets