THE ALICE ABER SMITH SCHOLARSHIP FUND: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
THE ALICE ABER SMITH SCHOLARSHIP FUND (EIN 39-6628593)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-13
IRS object ID
202611339349101981
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-13T11:23:51-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN391597990PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCMAHON - VELTUS SCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17033 WASHINGTON AVE STE 103AddressLine1Txt
CityRACINECityNm
State AbbreviationWIStateAbbreviationCd
ZIP534066524ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN396628593EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ALICE ABER SMITH SCHOLARSHIPBusinessNameLine1Txt
Business Name Line2FUNDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlALICBusinessNameControlTxt
Phone2622101854PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1813 FOX LANE DAddressLine1Txt
CityWATERFORDCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53185ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJESSICA A SIPPELPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2622101854PhoneNum
Signature2026-05-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANTHONY JAROD POBST CPAPreparerPersonNm
PTINP01875425PTIN
Phone2628863536PhoneNum
Preparation2026-05-05PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$610,659FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1,419InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,419InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,419InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$14,559DividendsRevAndExpnssAmt
Dividends Net Invst Incm$14,559DividendsNetInvstIncmAmt
Dividends Adj Net Incm$14,559DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$16,705NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$280,729GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$14,406CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$32,683TotalRevAndExpnssAmt
Total Net Invst Incm$30,384TotalNetInvstIncmAmt
Total Adj Net Incm$15,978TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$4,519LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$4,519LegalFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$9,019OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$9,019OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$327TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$13,865TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$13,538TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$33,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$33,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$46,865TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$13,538TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$33,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$14,182ExcessRevenueOverExpensesAmt
Net Investment Income$16,846NetInvestmentIncomeAmt
Adjusted Net Income$15,978AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2CashBOYAmt
Sav And Temp Cash Invst BOY$11,133SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$32,164SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$32,164SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$540,963CorporateStockBOYAmt
Corporate Stock EOY$506,014CorporateStockEOYAmt
Corporate Stock EOYFMV$578,495CorporateStockEOYFMVAmt
Total Assets BOY$552,098TotalAssetsBOYAmt
Total Assets EOY$538,178TotalAssetsEOYAmt
Total Assets EOYFMV$610,659TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$552,098NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$538,178NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$552,098TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$538,178TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$552,098TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$538,178TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$552,098TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$14,182ExcessRevenueOverExpensesAmt
Other Increases$262OtherIncreasesAmt
Subtotal$538,178SubtotalAmt
Tot Net Ast Or Fund Balances EOY$538,178TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$14,406CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$234InvestmentIncomeExciseTaxAmt
Subtotal$234SubtotalAmt
Tax Based On Investment Income$234TaxBasedOnInvestmentIncomeAmt
Tax Due$234TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJESSICA A SIPPELIndividualWithBooksNm
Phone2622101854PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 205AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53105ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JESSICA A SIPPEL
PO BOX 205BURLINGTONWI53105TRUSTEE000.00$0$0$0
REV SCOTT MCMURRAY
455 S JEFFERSON STWATERFORDWI53185FOUNDATION M000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$610,631FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$610,631TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$610,631AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$33,000CashDeemedCharitableAmt
Net Vl Noncharitable Assets$577,631NetVlNoncharitableAssetsAmt
Minimum Investment Return$28,882MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$28,882MinimumInvestmentReturnAmt
Tax Based On Investment Income$234TaxBasedOnInvestmentIncomeAmt
Total Tax$234TotalTaxAmt
Distributable Before Adj$28,648DistributableBeforeAdjAmt
Distributable Before Ded$28,648DistributableBeforeDedAmt
Distributable As Adjusted$28,648DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$33,000ExpensesAndContributionsAmt
Qualifying Distributions$33,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$28,648DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$17,392ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$6,100ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$11,686ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$8,651ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$43,829TotalExcessDistributionCyovAmt
Qualifying Distributions$33,000QualifyingDistributionsAmt
Applied To Current Year$28,648AppliedToCurrentYearAmt
Remaining Distri From Corpus$4,352RemainingDistriFromCorpusAmt
Total Corpus$48,181TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$48,181ExcessDistriCyovToNextYrAmt
Excess From Year4$17,392ExcessFromYear4Amt
Excess From Year3$6,100ExcessFromYear3Amt
Excess From Year2$11,686ExcessFromYear2Amt
Excess From Year1$8,651ExcessFromYear1Amt
Excess From Current Year$4,352ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonPASTOR WILLIAM BUSCHRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1455 S JEFFERSON STAddressLine1Txt
CityWATERFORDCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53185ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2625342313RecipientPhoneNum
Form And Info And MaterialsSEE FORMS PREVIOUSLY ENCLOSED - NO CHANGEFormAndInfoAndMaterialsTxt
Submission DeadlinesSEE FORMS PREVIOUSLY ENCLOSED - NO CHANGESubmissionDeadlinesTxt
Restrictions On AwardsSEE FORMS PREVIOUSLY ENCLOSED - NO CHANGERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
OLIVET NAZARENE UNIVERSOTY
1 UNIVERSITY AVEBOURBONNAISIL60914PCSCHOLARSHIPS$3,000
LEWIS UNIVERSITY
ONE UNIVERSITY PKWYROMEOVILLEIL60446PCSCHOLARSHIPS$3,000
MOUNT MARY UNIVERSITY
2900 MENOMONEE RIVER PKWYMILWAUKEEWI53222PCSCHOLARSHIPS$3,000
CARTHAGE COLLEGE
2001 ALFORD PARK DRKENOSHAWI53140PCSCHOLARSHIPS$3,000
VITERBO UNIVERSITY
900 VITERBO DRLA CROSSEWI54601PCSCHOLARSHIPS$3,000
CEDARVILLE UNIVERSITY
251 N MAIN STCEDARVILLEOH45314PCSCHOLARSHIPS$6,000
FAITH BAPTIST BIBLE COLLEGE
1900 NW 4TH STANKENYIA50023PCSCHOLARSHIPS$3,000
CARROLL UNIVERSITY
100 N EAST AVEWAUKESHAWI53186PCSCHOLARSHIP$9,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$33,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion25ExclusionCd
Exclusion$1,419ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion25ExclusionCd
Exclusion$14,559ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion25ExclusionCd
Exclusion$16,705ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$32,683ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$32,683TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
How AcquiredPURCHASEHowAcquiredTxt
Gross Sales Price$266,323GrossSalesPriceAmt
Basis$264,024BasisAmt
Total Net$2,299TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
EOY Book Value$506,014EOYBookValueAmt
EOYFMV$578,495EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
Legal Fees$4,519LegalFeesAmt
Net Investment Income$4,519NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescIN TRANSITDesc
Amt$262Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
Amt$9,019Amt
Net Investment Income$9,019NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Amt$327Amt

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