﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2009v1.3" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-02-04T07:14:53-08:00</Timestamp>
    <TaxPeriodEndDate>2010-08-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>RICHARD MENFI CPA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>72 S MAPLE AVENUE</AddressLine1>
        <City>RIDGEWOOD</City>
        <State>NJ</State>
        <ZIPCode>07450</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2009-09-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>043654580</EIN>
      <Name>
        <BusinessNameLine1>CHOEY MEMORIAL SCHOLARSHIP FUND INC</BusinessNameLine1>
      </Name>
      <NameControl>CHOE</NameControl>
      <Phone>2016704040</Phone>
      <USAddress>
        <AddressLine1>C/O M GREENE - 310 PROSPECT HILL RO</AddressLine1>
        <City>CUDDEBACKVILLE</City>
        <State>NY</State>
        <ZIPCode>12729</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>KEN MCINERNEY</Name>
      <Title>TREASURER</Title>
      <Phone>2016704040</Phone>
      <DateSigned>2011-01-03</DateSigned>
    </Officer>
    <Preparer>
      <Name>RICHARD J MENFI CPA</Name>
      <Phone>2016704040</Phone>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2009</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="2">
    <IRS990EZ documentId="00000001" referenceDocumentName="ReasonableCauseExplanation GeneralExplanationAttachment TransfersPersonalBenefitsContractsDeclaration ExplanationOfNonUBI">
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>N/A</WebSite>
      <Organization501c referenceDocumentId="00000002" referenceDocumentName="IRS990ScheduleA" typeOf501cOrganization="3">X</Organization501c>
      <GrossReceiptsLessThan25000>X</GrossReceiptsLessThan25000>
      <GrossReceipts>8061</GrossReceipts>
      <ContributionsGiftsGrantsEtc>7835</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>0</ProgramServiceRevenue>
      <MembershipDues>0</MembershipDues>
      <InvestmentIncome>226</InvestmentIncome>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
      <GainOrLossFromSaleOfAssets>0</GainOrLossFromSaleOfAssets>
      <SpecialEventsGrossRevenue>0</SpecialEventsGrossRevenue>
      <SpecialEventsDirectExpenses>0</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>0</SpecialEventsNetIncomeLoss>
      <CostOfGoodsSold>0</CostOfGoodsSold>
      <GroProfitLossSalesOfInventory>0</GroProfitLossSalesOfInventory>
      <TotalRevenue>8061</TotalRevenue>
      <GrantsAndSimilarAmountsPaid referenceDocumentId="00000003" referenceDocumentName="GrantsAndSimilarAmountsPaidSchedule">8700</GrantsAndSimilarAmountsPaid>
      <FeesAndOthPymtToIndContractors>400</FeesAndOthPymtToIndContractors>
      <OtherExpensesTotal referenceDocumentId="00000004" referenceDocumentName="OtherExpensesSchedule2">125</OtherExpensesTotal>
      <TotalExpenses>9225</TotalExpenses>
      <ExcessOrDeficitForYear>-1164</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>57818</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>56654</NetAssetsOrFundBalancesEOY>
      <CashSavingsAndInvestments>
        <BOY>2106</BOY>
        <EOY>716</EOY>
      </CashSavingsAndInvestments>
      <OtherAssetsTotal>
        <BOY>55712</BOY>
        <EOY>55938</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>57818</BOY>
        <EOY>56654</EOY>
      </TotalAssets>
      <NetAssetsOrFundBalances>
        <BOY>57818</BOY>
        <EOY>56654</EOY>
      </NetAssetsOrFundBalances>
      <PrimaryExemptPurpose>TO PROVIDE COLLEGE SCHOLARSHIPS</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>TO CONDUCT FUNDRAISING EVENTS TO RAISE FUNDS TO AWARD YEARLY SCHOLARSHIPS TO STUDENTS GRADUATING FROM PORT JERVIS HIGH SCHOOL. PROPERTY USE FOR ONE EVENT IS PROVIDED BY OFFICER AT NO COST.</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>8700</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>8700</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>MARC GREENE</PersonName>
        <AddressUS>
          <AddressLine1>310 PROSPECT HILL ROAD</AddressLine1>
          <City>CUDDEBACKVILLE</City>
          <State>NY</State>
          <ZIPCode>12729</ZIPCode>
        </AddressUS>
        <Title>PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>MICHAEL KUCHER</PersonName>
        <AddressUS>
          <AddressLine1>4 CHRISTOPHER STREET</AddressLine1>
          <City>PORT JERVIS</City>
          <State>NY</State>
          <ZIPCode>12771</ZIPCode>
        </AddressUS>
        <Title>VICE PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>HELMUT BISL</PersonName>
        <AddressUS>
          <AddressLine1>15 COSS LANE</AddressLine1>
          <City>MONTAGUE</City>
          <State>NJ</State>
          <ZIPCode>07827</ZIPCode>
        </AddressUS>
        <Title>SECRETARY</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>KEN MCINERNEY</PersonName>
        <AddressUS>
          <AddressLine1>439 NEW ASHFORD ROAD</AddressLine1>
          <City>NEW ASHFORD</City>
          <State>MA</State>
          <ZIPCode>01237</ZIPCode>
        </AddressUS>
        <Title>TREASURER</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>JOHN FAGGIONE</PersonName>
        <AddressUS>
          <AddressLine1>314 PROSPECT HILL ROAD</AddressLine1>
          <City>CUDDEBACKVILLE</City>
          <State>NY</State>
          <ZIPCode>12729</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>THOMAS FAGGIONE</PersonName>
        <AddressUS>
          <AddressLine1>314 PROSPECT HILL ROAD</AddressLine1>
          <City>CUDDEBACKVILLE</City>
          <State>NY</State>
          <ZIPCode>12729</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI referenceDocumentName="IRS990ScheduleC">false</OrganizationHadUBI>
      <OrganizationDissolvedEtc referenceDocumentName="IRS990ScheduleN BinaryAttachment">false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NamePerson>KEN MCINERNEY</NamePerson>
        <AddressUS>
          <AddressLine1>439 NEW ASHFORD ROAD</AddressLine1>
          <City>NEW ASHFORD</City>
          <State>MA</State>
          <ZIPCode>01237</ZIPCode>
        </AddressUS>
        <TelephoneNumber>4138223576</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
    </IRS990EZ>
    <IRS990ScheduleA documentId="00000002" softwareId="09000048">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <PublicSupportTotal170>0</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <PublicSupportPertcentage170>0</PublicSupportPertcentage170>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus4Years>8040</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>3355</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>4855</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>4420</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>7835</CurrentTaxYear>
        <Total>28505</Total>
      </GiftsGrantsContribReceived509>
      <GrossReceiptsFromAdmissions>
        <CurrentTaxYearMinus4Years>7275</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus2Years>1025</CurrentTaxYearMinus2Years>
        <Total>8300</Total>
      </GrossReceiptsFromAdmissions>
      <Total509>
        <CurrentTaxYearMinus4Years>15315</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>3355</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>5880</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>4420</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>7835</CurrentTaxYear>
        <Total>36805</Total>
      </Total509>
      <PublicSupportTotal509>36805</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>281</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>284</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>448</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>358</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>226</CurrentTaxYear>
        <Total>1597</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>281</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>284</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>448</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>358</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>226</CurrentTaxYear>
        <Total>1597</Total>
      </InvestmentIncomeAndUBTI>
      <TotalSupportTotal>
        <Total>38402</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.95840</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.97960</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.04160</InvestmentIncomePercentage>
      <PriorYrInvestIncomePercentage>0.02040</PriorYrInvestIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
  </ReturnData>
</Return>