2011-09-09T13:47:31-05:00 2010-12-31 SOBEL AND CO LLC CPA'S 293 EISENHOWER PARKWAY LIVINGSTON NJ 070391711 990 2010-01-01 222354475 TRI-COUNTY SCHOLARSHIP FUND TRI- 9739849600 4 CENTURY DRIVE NO 2ND FL PARSIPPANY NJ 07054 GREGORY FLOYD 9739849600 2011-08-22 1 MICHAEL LAFORGE 9739949494 2011-08-22 2010 2016-02-24 21:20:13Z GREGORY FLOYD 4 CENTURY DRIVE PARSIPPANY NJ 07054 3838080 0 X WWW.TCSFUND.ORG X 1981 NJ TO PROVIDE SCHOLARSHIP ASSISTANCE, BASED SOLELY ON FINANCIAL NEED, FOR CHILDREN TO ATTEND PRIVATE SCHOOL. 48 47 4 50 0 0 1204359 1670647 0 0 -279081 63327 11819 8863 937097 1742837 559506 1187261 0 0 253272 265625 0 0 132496 111159 118463 923937 1571349 13160 171488 1995892 2550164 295588 608129 1700304 1942035 X THE MISSION OF TRI-COUNTY SCHOLARSHIP FUND IS TO PROVIDE FINANCIAL SUPPORT TO DESERVING AND ECONOMICALLY DISADVANTAGED CHILDREN, REGARDLESS OF RACE, RELIGION, OR NATIONAL ORIGIN, SO THEY CAN OBTAIN A QUALITY VALUE-CENTERED EDUCATION THROUGH ACCREDITED PAROCHIAL AND PRIVATE SCHOOLS IN PASSAIC, MORRIS AND SUSSEX COUNTIES. 0 0 1253785 1187261 TO PROVIDE FINANCIAL SUPPORT TO DESERVING AND ECONOMICALLY DISADVANTAGED CHILDREN TO ATTEND ACCREDITED PAROCHIAL AND PRIVATE SCHOOLS. SCHOLARSHIPS ARE AWARDED ANNUALLY TO HUNDREDS OF STUDENTS. THIS YEAR TRI-COUNTY SCHOLARSHIP FUND AWARDED 575 SCHOLARSHIPS. 1253785 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 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 0 1 0 0 4 1 0 0 0 0 0 1 1 0 0 0 0 X 48 47 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ X THE ORGANIZATION 9739849600 4 CENTURY DRIVE - 2ND FLOOR PARSIPPANY NJ 07054 TIMOTHY I DUFFY X X 0 0 0 GEORGE RACHMIEL X X 0 0 0 GREGORY FLOYD 40.00 X X 113500 0 0 RC TOBY BABEUF X 0 0 0 ROBERT K BEATTIE X 0 0 0 ELYSE D BEIDNER X 0 0 0 BARRETT D BENCIVENGA X 0 0 0 MARK BODE X 0 0 0 PAUL BOUDREAU X 0 0 0 ROBERT W CAVALERO X 0 0 0 JOHN C CHAPMAN X 0 0 0 JOSEPH A CHERRY X 0 0 0 BRIAN J CLARK X 0 0 0 BART J COLLI X 0 0 0 WILLIAM J COZINE X 0 0 0 THOMAS B CRANE X 0 0 0 JOHN C CRIMI X 0 0 0 RICK DEBEL X 0 0 0 ANTHONY L DICESARE X 0 0 0 JAMES T ELLIOT X 0 0 0 KELLY A FRANK X 0 0 0 JOSEPH A GONNELLA X 0 0 0 JOHN C HAGERTY X 0 0 0 THOMAS J HEALEY X 0 0 0 DOUGLAS L KENNEDY X 0 0 0 ERNEST J LARINI X 0 0 0 EDWARD J LAZOR X 0 0 0 MICHAEL D LEZYNSKI X 0 0 0 THOMAS J MARINO X 0 0 0 JOSEPH J MARTINI X 0 0 0 KARL H MEISTER X 0 0 0 SUZY MORAN X 0 0 0 VIRGINIA MORIARTY X 0 0 0 MARY A MULHOLLAND X 0 0 0 A QUENTIN MURRAY III X 0 0 0 RICHARD F NEUMAN X 0 0 0 PAUL L ONDERDONK X 0 0 0 MARGARET M PARADISE X 0 0 0 RAB RAZZAK X 0 0 0 MANNAN RAZZAK X 0 0 0 ROBERT A SAMETH X 0 0 0 PAUL C SANTUCCI X 0 0 0 JOSEPH W SPADA X 0 0 0 CHRISTOPHER J STRACCO X 0 0 0 ROBERT J WALDELE X 0 0 0 SUSANNE C WALDELE X 0 0 0 JOHN P WICKLOW X 0 0 0 MARK YEAGER X 0 0 0 113500 0 0 1 0 0 0 0 913973 756674 1670647 44718 44718 2042065 2023456 18609 18609 18609 67480 913973 65202 2278 2278 13170 6585 6585 6585 1742837 0 0 72190 1187261 1187261 113500 24406 41628 47466 139402 29976 51127 58299 12723 5712 7011 19526 19526 150 150 500 500 26819 585 20914 5320 11369 11369 23118 23118 9672 2450 1990 5232 3743 3743 2538 2538 713 713 PROSPECT RESEARCH 7140 7140 MISCELLANEOUS 6510 2745 3765 AWARDS AND PRIZES 5274 5274 DUES & SUSCRIPTIONS 1391 1391 WEBSITE 0 1571349 1253785 185068 132496 352540 606962 39525 259000 4189 3067 78350 68882 12006 9468 1479373 1567118 107710 104549 549 0 1995892 2550164 17149 19918 278439 588211 295588 608129 X 450321 609342 45059 146769 1204924 1185924 1700304 1942035 1995892 2550164 X 171488 70243 X X 0 1 1 X 0 X 1190941 1378296 1556802 1204359 1670647 7001045 1190941 1378296 1556802 1204359 1670647 7001045 7001045 33141 43512 73652 40959 44718 235982 85830 81630 167460 7404487 1734996 0.94550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1479372 21000 136771 -20000 1617143 1265815 273100 195850 267497 1467268 1818428 41250 -503863 90000 1265815 0.22000 0.78000 0 0 78350 68882 9468 9468 1742837 1571349 171488 70243 70243 241731 1728837 70243 70243 1658594 84243 84243 1742837 1487106 0 1487106 84243 84243 1571349 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FUND FOLLOWS ACCOUNTING STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FUND'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. TAX RETURNS FOR CERTAIN YEARS ARE SUBJECT TO AUDIT BY FEDERAL AND STATE JURISDICTIONS. AT DECEMBER 31, 2010, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES THAT ARE EXPECTED TO HAVE A MATERIAL IMPACT ON THE FUND'S 2010 FINANCIAL STATEMENTS. PART XII, LINE 4B - OTHER ADJUSTMENTS: INDIRECT EXPENSES FUNDRAISING AND GAMING 84,243. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INDIRECT EXPENSES FUNDRAISING AND GAMING 84,243. ANNUAL DINNER 851174 812674 38500 34957 GOLF TOURNAMENT 130279 101299 28980 6585 20950 9295 981453 913973 67480 6585 20950 44252 71787 -4307 13170 6585 1 1.00000 13170 6585 6585 6585 NJ 1 0 0 0 1.00000 GREGORY FLOYD 4 CENTURY DRIVE PARSIPPANY NJ 07054 0 GREGORY FLOYD X 0 1 SCHOLARSHIPS 575 1187261 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE GRANTS ARE MONITORED BY THE ORGANIZATION AS THEY ARE GIVEN OUT TO THE RECIPIENT TO ENSURE THAT THEY ARE BEING GIVEN OUT APPROPRIATELY. FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD, ABDUAL RAB RAZZAK AND MANNAN RAZZAK, ARE BROTHERS. TWO ADDITIONAL MEMBERS OF THE BOARD, ROBERT J. WALDELE AND SUSANNE C. WALDELE ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PROVIDED TO THE ORGANIZATIONS GOVERNING BOARD AND IN TURN THEY REVIEW IT. IF THERE ARE ANY CONCERNS THEY WILL SPEAK WITH THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR WILL REVIEW THE CONCERNS AND IF THERE IS ACTION TO TAKE, SPEAK WITH THE AUDITORS TO MAKE A RESOLUTION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE GOVERNING BOARD RECEIVES THE CONFLICT OF INTEREST POLICY AND MUST SIGN THE ANNUAL STATEMENT/CERTIFICATION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS BUDGETED PRIOR TO THE BEGINNING OF THE YEAR. THE BOARD WILL REVIEW THE BUDGET AND MAKE THE FINAL DETERMINATION OF THE COMPENSATION. IF THE BOARD IS IN AGREEMENT, THE BUDGET WILL BE APPROVED WITH THE FINAL COMPENSATION AMOUNT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 70,243. FORM 990 PART XII LINE 2C NO CHANGE FROM PRIOR YEAR