2011-05-16T08:24:44-05:00 2010-06-30 MARCUM LLP 53 STATE STREET FLOOR 38 BOSTON MA 02109 990 2009-07-01 136130107 ACHIEVEMENT FOUNDATION INC ACHI 8606130315 460 SMITH STREET No K MIDDLETOWN CT 06457 William Annechini 8606130315 2011-05-13 1 Douglas Farrington 6177429666 2009 2016-02-24 21:20:13Z paul brady 460 Smith Street Middletown CT 06457 3070226 0 X www.achievementfoundation.org X 1945 CT dedicated to developing a better understanding of the free enterprise system by young people. 13 13 0 13 0 0 15522 14210 0 -715086 270095 0 -699564 284305 207000 194210 0 0 0 0 66177 69201 273177 263411 -972741 20894 3323073 3690617 124014 143224 3199059 3547393 The Achievement Foundation, by using its financial resources, dedicates itself to developing a better understanding of the free enterprise system by young people. the Achievement Foundation makes grants to other nonprofit organizations in support of the Foundation's mission, makes loans to Junior Achievement areas in financial need, and makes scholarships to students who have completed Junior Achievement programs. 0 0 145000 145000 284305 The Foundation made grants to nonprofit organizations which develop a better understanding of the free enterprise system in young people. The Foundation makes loans to specific Junior Achievement programs in financial need. These loans are repaid at no interest if the loans are repaid according to the agreed upon schedule. 49210 49210 The Foundation makes two scholarship programs available to graduates of Junior Achievement high school programs. 194210 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 13 13 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X PAUL BRADY 8606130315 460 smith street suite k middletown CT 06457 X alfred lee bright X 0 0 0 mike hannigan jr X 0 0 0 norman fleming X 0 0 0 morton moskin X 0 0 0 r chadwick paul jr X X 0 0 0 austen colgate X 0 0 0 chris white X 0 0 0 Dennis Houlihan X 0 0 0 carol mozak-wolff X 0 0 0 william annechini X X 0 0 0 anthony schopp X 0 0 0 Jack Kosakowski X 0 0 0 Kurt Snyder X 0 0 0 paul brady X 0 0 0 0 0 0 0 0 0 0 0 14210 14210 126494 126494 2929522 2785921 143601 143601 143601 284305 0 0 270095 145000 145000 49210 49210 8762 8762 13350 13350 30434 30434 91 91 432 432 3081 3081 7778 7778 Miscellaneous 1976 1976 Postage & Delivery 1320 1320 DUES AND SUBSCRIPTIONS 495 495 Printing & Reproduction 461 461 Telephone 401 401 620 620 263411 194210 69201 0 103381 101825 94256 240779 15000 22000 2902468 3107845 207968 218168 3323073 3690617 80000 80000 44014 63224 124014 143224 X 2213767 2614675 641361 578588 343931 354130 3199059 3547393 3323073 3690617 X 1 1 0 X 0 X X X 0 0 0 Junior Achievement Inc 841267604 12 0 1 1 145000 1 145000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 343931 10199 354130 430273 -86342 343931 1.00000 1 0 0 perpetual trust held by third party 218168 F 218168 Scholarships Payable 63224 63224 284305 263411 20894 327439 327439 348333 611743 327438 327438 284305 0 284305 263411 0 263411 0 263411 Part V, Line 4: Description of Intended Use of Endowment Funds: THE FUNDS ARE USED FOR THE EXPANSION OF THE WORK OF JUNIOR ACHIEVEMENT INC TO NEW AREAS OR FOR STUDIES IN THE IMPROVEMENT OF THE PROGRAM. THEY ARE ALSO USED FOR SPECIAL TRAINING AND RECRUITING FILMS. Part XI, Line 8 - Other Adjustments: Unrealized Gain on Investment 1 Ja Of Northern california 841267604 10000 Support of educational programs JA of Delaware 841267604 10000 Support of educational programs JA of the Rocky Mountains 841267604 10000 Support of educational programs JA of the Upper midwest 841267604 10000 Support of educational programs JA of Southwestern New England 841267604 10000 Support of educational programs JA of Central Virginia 841267604 10000 Support of educational programs JA of southern CaliforniaBay Area 841267604 10000 Support of educational programs JA of New Mexico 841267604 10000 Support of educational programs JA of Georgia 841267604 10000 Support of educational programs JA of Western Connecticut 841267604 10000 Support of educational programs JA of the Central Carolinas 841267604 10000 Support of educational programs JA of Northern Indiana 841267604 10000 Support of educational programs JA of New York 841267604 7500 Support of educational programs JA of Washington 841267604 10000 Support of educational programs JA of Southwest Indiana 841267604 7500 Support of educational programs Anna Sobolewska, Emery-Riddle Aeronautical University 1 5000 Margaret Rodriguez, University of Pennsylvania 1 5000 Aaron Rudy, Syracuse University 1 5000 Calvin Beeke, Davinport University 1 5000 Brittany Wang, University of Texas 1 5000 Brendan Belz, DuPauw University 1 5000 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Grant recipients are required to file quarterly reports and a final annual report. Scholarship recipients are required to file semester transcripts. 0 0 0 0 0 0 0 0 0 paul brady 0 0 0 0 0 0 0 0 0 0 0 0 Jack Kosakowski Exec VP of Junior Achievement Worldwide & Board member of Achievement Fnd Grants paid and loans made to Junior Achievement chapters Form 990, Part VI, Section A, line 3 Achievement Foundation contracts with Connecticut Engineers in Private Practice to provide administrative services to the Foundation. Paul Brady serves as Executive Director of the Foundation under this contract. Form 990, Part VI, Section A, line 6 THE ORGANIZATION HAS MEMBERS. Form 990, Part VI, Section A, line 7a THE MEMBERS ELECT THE GOVERNING BODY. Form 990, Part VI, Section A, line 7b YES. VARIOUS DECISONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS. Form 990, Part VI, Section B, line 11 A draft of the 990 is reviewed by the Board. The final version is reviewed by the Executive Director and Treasurer prior to signature. Form 990, Part VI, Section B, line 12c Discussed at annual meeting. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.