2025-04-10T08:26:37-05:00 2024-09-30 753218994 JONES & MCINTYRE PLLC 6506 LOISDALE ROAD SUITE 330 SPRINGFIELD VA 22150 990 2023-10-01 200031464 THE SCHOLARSHIP FUND OF ALEXANDRIA SCHO 7038246730 3330 KING STREET ALEXANDRIA VA 22302 DEBORAH SCHILLING TREASURER 7038246730 2025-04-10 1 1 LINDA D MCINTYRE CPA P00048561 7038664500 2025-04-10 2023 2025-03-06 01:10:19Z JASMINE MILONE 3330 KING STREET ALEXANDRIA VA 22302 3485834 0 X WWW.ALEXSCHOLARSHIPFUND.ORG X 2002 VA TO AWARD POST-SECONDARY EDUCATION SCHOLARSHIPS TO GRADUATES OF ALEXANDRIA CITY HIGH SCHOOL. 12 11 6 185 0 0 1510547 1584250 0 0 369752 391421 45500 49400 1925799 2025071 1349234 1470592 0 0 319729 333976 0 0 123339 153226 235869 1822189 2040437 103610 -15366 8042863 9586624 138756 281830 7904107 9304794 X THE SCHOLARSHIP FUND OF ALEXANDRIA IS A NON-PROFIT ORGANIZATION FORMED TO RECEIVE AND MANAGE PRIVATE AND PUBLIC GIFTS AND DISPERSE THEM IN THE FORM OF SCHOLARSHIPS TO QUALIFIED GRADUATES OF ALEXANDRIA CITY PUBLIC SCHOOLS WHO ATTEND ACCREDITED COLLEGES OR CAREER SCHOOLS. 0 0 1779687 1470592 SEE SCHEDULE O 1779687 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 1 1 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X THE ORGANIZATION 7038246730 3330 KING STREET ALEXANDRIA VA 22302 X DEBORAH SCHILLING TREASURER 1.00 X X 0 0 0 KEVIN JAHNS CHAIR 1.00 X X 0 0 0 MARIA MONTIEL-MATTHEWS VICE CHAIR 1.00 X X 0 0 0 LOIS BERLIN SECRETARY 1.00 X X 0 0 0 SHANNON WATSON TRUSTEE 1.00 X 0 0 0 PREEANN JOHNSON TRUSTEE 1.00 X 0 0 0 WILLIAM EUILLE TRUSTEE 1.00 X 0 0 0 PAUL BRINKMAN TRUSTEE 1.00 X 0 0 0 ANDREW GARRAHAN TRUSTEE 1.00 X 0 0 0 ANGELA GREEN-BOWERS TRUSTEE 1.00 X 0 0 0 JESSE O'CONNELL TRUSTEE 1.00 X 0 0 0 JASMINE MILONE EXECUTIVE DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 1 0 8102 399240 1176908 1584250 363803 363803 1312858 1285240 27618 27618 27618 150523 399240 150523 0 74400 25000 49400 49400 2025071 27618 0 413203 1470592 1470592 296579 176075 63219 57285 3771 2254 800 717 10865 6514 2318 2033 22761 13515 4850 4396 43122 43122 19096 19096 86838 51388 35450 23417 13791 121 9505 33851 31512 2038 301 1346 640 706 SPECIAL EVENTS COSTS 22296 9808 12488 BANK CHARGES 4233 2053 1016 1164 PUBLICITY 1670 1545 125 2040437 1779687 137411 123339 71659 202768 621600 956041 13816 16673 35890 25834 3469 3469 0 0 7299898 8385308 8042863 9586624 8862 37571 79894 219259 50000 25000 138756 281830 X 3881782 4572628 4022325 4732166 7904107 9304794 8042863 9586624 -15366 1416053 0 X 0 1 X 1 0 X 1454239 2231408 2253191 1510547 1584250 9033635 82633 85112 74705 87622 87082 417154 1536872 2316520 2327896 1598169 1671332 9450789 809698 8641091 190593 215344 400662 369752 391421 1567772 11018561 0.78420 0.77000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6075226 649640 695870 592184 43485 6785067 5497377 610834 475167 471407 36745 6075226 5699822 1019698 -718571 466745 36827 5497377 4306304 1372566 440301 386824 32525 5699822 3554240 1508204 111394 842159 25375 4306304 0 0 3469 3469 0 0 X 3552703 1416053 130674 1546727 2005976 19096 19096 2025072 2152015 130674 130674 2021341 19096 19096 2040437 PART V, LINE 4: SFA'S ENDOWMENT CONSISTS OF VARIOUS FUNDS ESTABLISHED TO PROVIDE SCHOLARSHIPS TO QUALIFYING STUDENTS. SFA'S ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS, INCOME ON THOSE FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. PART X, LINE 2: SFA BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN INCOME TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. GALA 549763 399240 150523 24260 103297 7898 15068 549763 399240 150523 24260 103297 7898 15068 150523 0 74400 25000 0 74400 25000 25000 49400 VA 1 0 1 0 1.00000 THE SCHOLARSHIP FUND OF ALEXANDRIA 3330 KING STREET ALEXANDRIA VA 22302 0 JASMINE MILONE EXECUTIVE DIRECTOR OVERSEES MANAGEMENT AND REPORTING OF THE EVENT AS PART OF HER JOB RESPONSIBILTIES. X 1 1 SCHOLARSHIPS AND RENEWAL AWARDS TO QUALIFIED GRADUATES OF THE ALEXANDRIA CITY PUBLIC SCHOOLS TO ATTEND ACCREDITED COLLEGES, UNIVERSITIES, COMMUNITY COLLEGES AND CAREER SCHOOLS. CASH GRANT AMOUNT IS NET OF FORFEITED SCHOLARSHIPS. 550 1470592 PART I, LINE 2: SFA VERIFIES ENROLLMENT FOR EACH RECIPIENT. WHEN RENEWAL APPLICATIONS ARE SUBMITTED, THEY ARE REQUIRED TO BE ACCOMPANIED BY TRANSCRIPTS AND AWARD LETTERS. X 0 0 0 0 0 0 0 0 0 COMPENSATION FROM UNRELATED ORGANIZATION THE EXECUTIVE DIRECTOR IS PAID BY ALEXANDRIA CITY PUBLIC SCHOOLS FOR SERVICES RENDERED TO SFA. 50% OF HER COMPENSATION AND BENEFITS IS TREATED AS SERVICES DONATED TO SFA. THE VALUE OF THE DONATED SERVICES ARE ESTIMATED AT $77,267. FORM 990, PART III, LINE 4A THE SCHOLARSHIP FUND OF ALEXANDRIA AWARDED 213 NEW SCHOLARSHIPS TO ALEXANDRIA CITY HIGH SCHOOL CLASS OF 2024 GRADUATING SENIORS, AND AWARDED 337 RENEWAL SCHOLARSHIPS TO QUALIFIED PREVIOUS AWARDEES TO CONTINUE AND COMPLETE THEIR HIGHER EDUCATION. THE SFA ALSO PROVIDE COLLEGE ADVISING AND FINANCIAL AID ADVISING TO MORE THAN 4,000 STUDENTS IN GRADES 9-12 IN 2024 AND TO THOSE ACHS GRADUATES STILL IN COLLEGE. DIRECT SERVICES ARE PROVIDED THROUGH ONE-ON-ONE MEETINGS, SMALL GROUP AND CLASSROOM PRESENTATIONS, PROGRAMS AND WORKSHOPS FOR FAMILIES, RESPONSIVE TEXTING PLATFORM INTERACTIONS AND MONTHLY SCHOLARSHIP NEWSLETTER E-MAILS. EXAMPLES OF PROGRAMMING INCLUDE FAFSA COMPLETION WORKSHOPS, TRANSITION TO HIGH SCHOOL PLANNING NIGHTS, ALUMNI PANELS AND WORKING WITH CURRENT SENIORS TO NAVIGATE AND SUPPORT NOMINATIONS FOR NATIONAL SCHOLARSHIP PROGRAMS. THE SFA CONTINUES TO PROVIDE ACCESS TO STUDENTS AT ACHS, AND INCREASE RETENTION AMONG RECIPIENTS. FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR WILL PROVIDE FORM 990 TO THE MEMBERSHIP OF THE BOARD OF TRUSTEES AT LEAST TWO WEEKS PRIOR TO THE SUBMISSION DEADLINE. BOARD MEMBERS WILL HAVE A MINIMUM OF TEN DAYS TO REVIEW THE DOCUMENT AND TO OFFER COMMENTS BEFORE IT IS FILED WITH THE IRS. IF THERE ARE COMMENTS, FORM 990 WILL BE SUMITTED TO THE FINANCE COMMITTEE FOR CONSIDERATION. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISCUSSED EACH YEAR BY THE BOARD OF TRUSTEES. TRUSTEES ARE REQUIRED TO SIGN A STATEMENT ACKNOWLEDGING THE POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR IS PAID BY ALEXANDRIA CITY PUBLIC SCHOOLS AND HER SERVICES ARE DONATED TO THE ORGANIZAITON. THE COMPENSATION LEVEL IS DETERMINED BY THE OFFICE OF HUMAN RESOURCES OF ALEXANDRIA CITY PUBLIC SCHOOLS IN ACCORDANCE WITH PROCEDURES THAT ADHERE TO STANDARDS AND PRACTICES OF EQUITY IN COMPENSATION FOR DUTIES PERFORMED, CLASSIFICATIONS, LICENSURE, AND OTHER CONTRACTUAL STANDARDS, (INCLUDING CONSIDERATION OF JOB RESPONSIBILITIES, AND COMPARABLE SALARIES) AS DIRECTED BY THE SCHOOL BOARD OF THE CITY OF ALEXANDRIA. FORM 990, PART VI, SECTION C, LINE 19 SFA'S DOCUMENTS ARE AVAILABLE UPON REQUEST.