2011-02-03T14:49:32-05:00 2010-06-30 KPMG LLP 4200 Wells Fargo Ctr 90 S 7th Minneapolis MN 55402 990 2009-07-01 042296967 SCHOLARSHIP AMERICA INC SCHO 5079311682 One Scholarship Way SAINT PETER MN 56082 Anne Cheney 2010-01-24 6123055000 2009 2016-02-24 21:20:13Z 172783207 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. 16 16 173 38000 0 158521848 141695659 9735675 9033926 5250051 3439178 -91086 -86373 173416488 154082390 169084522 148015779 0 9139656 7783727 0 1533000 3915635 3693944 182139813 159493450 -8723325 -5411060 173492656 176974012 41542361 40362563 131950295 136611449 See Schedule O Attachment 1 false false 152415964 148015779 63315351 SCHOLARSHIP MANAGEMENT SERVICES IS THE NATION'S LARGEST ADMINISTRATOR OF EDUCATIONAL ASSISTANCE PROGRAMS, INCLUDING SCHOLARSHIPS & TUITION REIMBURSEMENT. THEIR CUSTOM APPROACH EARNED THEM CUSTOMER LOYALTY & 100 PROGRAMS FOR FORTUNE 500 COMPANIES. 1791038 502607 DOLLARS FOR SCHOLARS IS A NATIONAL NETWORK OF COMMUNITY-BASED SCHOLARSHIP FOUNDATIONS DRIVEN BY 34,300 VOLUNTEERS. BEYOND SCHOLARSHIPS MANY CHAPTERS CONNECT STUDENTS/PARENTS WITH ADDITIONAL COMMUNITY RESOURCES LIKE MENTORING AND FINANCIAL COUNSELING. 238364 DREAMKEEPERS IS DESIGNED TO HELP STUDENTS STAY IN COLLEGE WHEN FACED WITH AN UNFORSEEN FINANCIAL EMERGENCY. STUDENTS RECEIVE FINANCIAL ASSISTANCE TO GET THROUGH THE EMERGENCY PLUS HELP BUILDING LONG-TERM MONEY MANAGEMENT SKILLS. 88918 28925 SCHOLARSHOP 88918 28925 154534284 true true false false false false false false true true true false false false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 0 0 true 173 true false true CA false false false false false false false false false false 16 16 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 ANNE CHENEY CONTROLLER 5079310430 ONE SCHOLARSHIP WAY SAINT PETER MN 56802 Richard J Schwab 8.0 X X 0 0 Mim Schreck 5.0 X X 84120 0 7267 Lauren A Segal 40.0 X X 0 0 Treasa Bowers 5.0 X X 0 0 Seema R Shah Esq 5.0 X X 0 0 Barbara B McBee 5.0 X 0 0 Judith Allen 3.0 X 0 0 Mark W Bates 3.0 X 0 0 Timothy A Christensen 3.0 X 0 0 Suneet Dua 3.0 X 0 0 Tina T Lee 3.0 X 0 0 Gregory Marino 3.0 X 0 0 Michael D Ryan 3.0 X 0 0 Michael J Ryder 3.0 X 0 0 Susan G Weinberger 3.0 X 0 0 Clifford Stanley 40.0 X X 260000 0 16319 Kay Marquet 3.0 X 0 0 Rhianna Quinn Roddy 40.0 X 225000 0 20113 Terrance Kraling 40.0 X 160000 0 17452 Donald Lassere 40.0 X 159185 0 21042 888305 0 82193 4 false true false NorthMarq Real Estate Services LLC 3500 American Blvd W 200 Bloomington MN 55431 Property Owner 154870 VoyageurWeb PO Box 205 MANKATO MN 56002 Software Programming 149724 Perspectrix LLC 16359 Kent Trail LAKEVILLE MN 55044 Software Programming 113898 Ebgineering Inc PO Box 6197 MINNEAPOLIS MN 55406 Software Programming 108445 4 192540 141503119 299277 141695659 MANAGEMENT FEES 900099 8502394 8502394 DOLLARS FOR SCHOLARS 900099 502607 502607 SCHOLARSHOP 900099 28925 28925 9033926 4013159 4013159 0 0 18031413 18605394 -573981 -573981 -573981 9050 192540 95423 -86373 -86373 0 0 0 154082390 9033926 3352805 0 148015779 148015779 0 0 871842 365481 455661 50700 0 5671490 3404641 1318099 948750 0 766445 461585 200378 104482 473950 271039 128532 74379 1114687 525150 512085 77452 121319 32587 88732 72044 72044 0 0 0 0 172979 108893 35599 28487 332568 218533 82055 31980 0 0 453817 205257 182488 66072 390825 204862 79036 106927 0 170583 49157 117059 4367 54908 43377 11531 0 188578 174023 12244 2311 117593 80961 25605 11027 PRINTING 178550 132020 32241 14289 MISCELLANEOUS 99442 32217 62286 4939 POSTAGE & DELIVERY 226051 208722 10491 6838 159493450 154534284 3426166 1533000 32678331 33699974 786452 1162007 2676163 2561486 281483 269573 8418995 5521013 3026444 2897982 133184824 136141871 858959 241119 173492656 176974012 1218761 633493 1848253 1724450 38475347 38004620 41542361 40362563 X 7663293 8237803 110177215 114211725 14109787 14161921 131950295 136611449 173492656 176974012 X false true true X false X 98713282 95116812 155362037 158528948 141752610 649473689 98713282 95116812 155362037 158528948 141752610 649473689 59559892 589913797 6419954 5048054 7222658 5250051 4013159 27953876 0 0 0 677427565 37424020 0.87082 0.91430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15501881 61542 1461629 1034386 4291 15986375 21674965 19308 -787490 478489 4926413 15501881 0.06000 0.88000 0.06000 false false 329436 329436 4690859 2240660 2450198 3398700 3280353 118348 2897982 0 SCHOLARSHIPS PAYABLE 16788695 REFUNDABLE DEPOSITS 21215925 38004620 154082390 159493450 -5411060 10072215 47902 10120117 4709057 164297930 10072215 47902 95423 10215540 154082390 154082390 159636775 47902 95423 143325 159493450 159493450 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 XII and XIII Part XII 2d Other DIRECT EXPENSES RELATED TO FUNDRAISING EVENTS 95,423 Part XIII 2d Other DIRECT EXPENSES RELATED TO FUNDRAISING EVENTS 95,423 HOOSIER 98065 94065 4000 1099 33370 LINCOLN 63095 61145 1950 11849 34812 2 40430 37330 3100 805 13488 201590 192540 9050 13753 81670 95423 -86373 true SCHOLARSHIPS 63993 148015779 SCHOLARSHIP MANAGEMENT SERVICES SCHEDULE I PART III Scholarship America was formed to encourage citizen support of higher education. In furtherance of that effort it has undertaken a variety of activities 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 I.R.S. In administering a scholarship program, Scholarship America is available to perform the following to determine the recipients: 1. Prepare and furnish application forms. 2. Receive all application material directly. 3. Process and evaluate all applications. 4. Determine the recipients and amount to be awarded. 5. Notify the recipient of their award. 6. Confirm the appropriate employment relationship or program eligibility. 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. 3. Counselor appraisal. 4. Interest, activities, and leadership contributions. 5. Financial need may also be taken into consideration. X X X true false false false false false false false false Clifford Stanley 260000 0 16319 276319 0 Rhianna Quinn Roddy 225000 0 20113 245113 0 Terrance Kraling 160000 0 17452 177452 0 Donald Lassere 159185 0 21042 180227 0 Part 1, Question 4a Clifford Stanley Severance Payment - 108,333 X 13 299277 Mean of mkt@gift dat false true false Organization's Mission 990 Part III, Question 1 THE MISSION OF SCHOLARSHIP AMERICA, INC. IS TO MOBILIZE AMERICA THROUGH SCHOLARSHIPS AND EDUCATIONAL SUPPORT TO MAKE POSTSECONDARY EDUCATION POSSIBLE FOR ALL STUDENTS. TO ACCOMPLISH THIS MISSION SCHOLARSHIP AMERICA WILL INVOLVE AND ASSIST COMMUNITIES, CORPORATIONS, FOUNDATIONS, ORGANIZATIONS, AND INDIVIDUALS IN THEIR SUPPORT OF STUDENTS AND THEIR ENCOURAGEMENT OF EDUCATIONAL ACHIEVEMENT. SCHOLARSHIP AMERICA IS A PRIVATE SECTOR SCHOLARSHIP AND EDUCATIONAL SUPPORT ORGANIZATION. SCHOLARSHIP AMERICA'S PROGRAMS PROVIDE FINANCIAL ASSISTANCE, AS WELL AS ACADEMIC SUPPORT, FOR STUDENTS PURSUING POST-SECONDARY EDUCATION. THROUGH ITS PROGRAMS -- DOLLARS FOR SCHOLARS, SCHOLARSHIP MANAGEMENT SERVICES, DREAMKEEPERS, AND SCHOLARSHOP -- SCHOLARSHIP AMERICA SERVES AS A LEADER, RESOURCE, AND ADVOCATE FOR IMPROVING ACCESS TO POSTSECONDARY EDUCATION. SINCE ITS INCEPTION IN 1958 SCHOLARSHIP AMERICA HAS DISTRIBUTED OVER ONE BILLION DOLLARS WORTH OF SCHOLARSHIP AWARDS TO MORE THAN ONE MILLION STUDENTS. ON SEPTEMBER 17, 2001, IN PARTNERSHIP WITH INDIANAPOLIS-BASED LUMINA FOUNDATION FOR EDUCATION, SCHOLARSHIP AMERICA FOUNDED THE FAMILIES OF FREEDOM SCHOLARSHIP FUND, WHICH WAS CREATED TO PROVIDE EDUCATIONAL ASSISTANCE FOR POSTSECONDARY STUDY TO THE FINANCIALLY NEEDY DEPENDENTS OF THE SEPTEMBER 11 TERRORIST ATTACK VICTIMS. 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 board members who have been off of the board for three years and were elected by existing HRTs to join the group. In addition to advising the President the HRTs elect one of their members to a two year term on the board. Board Review of Form 990: 990 Part VI, Question 11A Prior to its filing a copy of Form 990 is shared with the Audit Committee and it is reviewed and discussed during a Committee meeting. The minutes, along with the return, are shared with the full board. Monitoring Conflict of Interest: 990, Part VI, Question 12c Annually board members and staff review and sign a conflict of interest statement. The completed statements are reviewed by the Governance Committee, which determines what, if any, response is appropriate. 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 and by-laws are available upon request. The conflict of interest policy is not currently available to the public.