ALFRED STREET BAPTIST CHURCH FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: ALFRED STREET BAPTIST CHURCH FOUNDATION (EIN 13-4245463)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-15
IRS object ID: 202403209349327990
Schema version: 2023v5.1
Note: A later return for the same period supersedes this one.
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-15T19:35:05-08:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	134245463	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Alfred Street Baptist Church Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ALFR	BusinessNameControlTxt
Phone	3016832222	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	325 S Patrick Street	AddressLine1Txt
City	Alexandria	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22314	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Jhon McKnight	PersonNm
Person Title	Treasurer	PersonTitleTxt
Phone	3016832222	PhoneNum
Signature	2024-05-13	SignatureDt

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Patricia Wallace	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	325 S Patrick Street	AddressLine1Txt
City	Alexandria	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22314	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$761,948	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	http://www.alfredstreet.org/stewardship/asbc-foundation	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2002	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	The Foundation awards college scholarships to deserving students.	ActivityOrMissionDesc
Voting Members Governing Body	16	VotingMembersGoverningBodyCnt
Voting Members Independent	16	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	41	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$576,511	PYContributionsGrantsAmt
CY Contributions Grants	$570,080	CYContributionsGrantsAmt
PY Program Service Revenue	$1,511	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,072	CYProgramServiceRevenueAmt
PY Investment Income	-$101,190	PYInvestmentIncomeAmt
CY Investment Income	$151,058	CYInvestmentIncomeAmt
PY Other Revenue	$13,091	PYOtherRevenueAmt
CY Other Revenue	$25,378	CYOtherRevenueAmt
PY Total Revenue	$489,923	PYTotalRevenueAmt
CY Total Revenue	$747,588	CYTotalRevenueAmt
PY Grants And Similar Paid	$465,352	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$549,474	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$7,318	CYTotalFundraisingExpenseAmt
PY Other Expenses	$265,480	PYOtherExpensesAmt
CY Other Expenses	$74,404	CYOtherExpensesAmt
PY Total Expenses	$730,832	PYTotalExpensesAmt
CY Total Expenses	$623,878	CYTotalExpensesAmt
PY Revenues Less Expenses	-$240,909	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$123,710	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,589,747	TotalAssetsBOYAmt
Total Assets EOY	$2,856,163	TotalAssetsEOYAmt
Total Liabilities BOY	$2,600	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,600	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,587,147	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,853,563	NetAssetsOrFundBalancesEOYAmt
Mission	The Foundation awards college scholarships to deserving students.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$577,908	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$570,080	RevenueAmt
Desc	Awarded scholarships to 204 college and college-bound students.	Desc
Total Program Service Expenses	$577,908	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (true)	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
DAF Excess Business Holdings	false	DAFExcessBusinessHoldingsInd
Taxable Distributions	false	TaxableDistributionsInd
Distribution To Donor	false	DistributionToDonorInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	16	GoverningBodyVotingMembersCnt
Independent Voting Member	16	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	false	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	false	RegularMonitoringEnfrcInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Jhon McKnight	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7038681139	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	325 S Patrick St	AddressLine1Txt
City	Alexandria	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22314	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
Patricia Wallace
President	20.00	Yes (X)	Yes (X)	$0	$0	$0
Julia Gibbs
Vice President	20.00	Yes (X)	Yes (X)	$0	$0	$0
Terrill Garrison
Director	5.00	Yes (X)		$0	$0	$0
Patricia Johnson
Secretary	15.00	Yes (X)	Yes (X)	$0	$0	$0
Calvin Minor
Director	2.00	Yes (X)		$0	$0	$0
Georgia Booker
Director	2.00	Yes (X)		$0	$0	$0
Alton Wallace
Director	15.00	Yes (X)		$0	$0	$0
Jaret Ings
Director	2.00	Yes (X)		$0	$0	$0
Shelvee Osborne
Director	3.00	Yes (X)		$0	$0	$0
Darrel Gibson
Director	2.00	Yes (X)		$0	$0	$0
Rhodessa Bender
Director	2.00	Yes (X)		$0	$0	$0
Jhon McKnight
Treasurer	10.00	Yes (X)	Yes (X)	$0	$0	$0
Syrinda Paige
Director	2.00	Yes (X)		$0	$0	$0
Jacinta Greene
Director	2.00	Yes (X)		$0	$0	$0
Teanna Jones
Director	2.00	Yes (X)		$0	$0	$0
Felicia McClary
Director	2.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Federated Campaigns	$50,727	FederatedCampaignsAmt
All Other Contributions	$519,353	AllOtherContributionsAmt
Total Contributions	$570,080	TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,072	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,072	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$151,058	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Personal	$26,450	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Personal	$14,360	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Personal	$12,090	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$12,090	TotalRevenueColumnAmt
Related Or Exempt Func Income	$12,090	RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,288	TotalRevenueColumnAmt
Related Or Exempt Func Income	$13,288	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$13,288	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$747,588	TotalRevenueColumnAmt
Related Or Exempt Func Income	$177,508	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$549,474	TotalAmt
Program Services	$549,474	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$25	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$25	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$9,133	TotalAmt
Program Services	$9,133	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$785	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$785	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$180	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$180	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$11,560	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$11,560	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Donation Reimbursement	$5,000	$5,000	$0	$0
Software Renewal	$14,301	$14,301	$0	$0
Gifts/Awards	$9,500	$0	$9,500	$0
Board & Committee expenses	$7,251	$0	$7,251	$0

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$16,669	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$10,136	ManagementAndGeneralAmt
Fundraising	$6,533	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$623,878	TotalAmt
Program Services	$577,908	ProgramServicesAmt
Management And General	$38,652	ManagementAndGeneralAmt
Fundraising	$7,318	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$325,179	BOYAmt
EOY	$97,649	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$284,964	BOYAmt
EOY	$250,383	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$50,000	BOYAmt
EOY	$15,000	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$5,794	BOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$384,956	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$152,230	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$244,583	BOYAmt
EOY	$232,726	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$1,679,227	BOYAmt
EOY	$2,259,683	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
EOY	$722	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,589,747	BOYAmt
EOY	$2,856,163	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$2,600	BOYAmt
EOY	$2,600	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,600	BOYAmt
EOY	$2,600	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$756,062	BOYAmt
EOY	$98,371	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,343,209	BOYAmt
EOY	$2,755,192	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,587,147	BOYAmt
EOY	$2,853,563	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,589,747	BOYAmt
EOY	$2,856,163	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$123,710	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind
Other Support Sum	$0	OtherSupportSumAmt
Public Support CY170	0	PublicSupportCY170Pct

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$488,572	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$555,153	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$382,800	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$576,511	CurrentTaxYearMinus1YearAmt
Current Tax Year	$570,080	CurrentTaxYearAmt
Total	$2,573,116	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$488,572	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$555,153	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$382,800	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$576,511	CurrentTaxYearMinus1YearAmt
Current Tax Year	$570,080	CurrentTaxYearAmt
Total	$2,573,116	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$2,573,116	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$79,802	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$60,455	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$115,648	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$177,508	CurrentTaxYearAmt
Total	$433,413	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$79,802	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$60,455	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$115,648	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$177,508	CurrentTaxYearAmt
Total	$433,413	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Total	$3,006,529	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.85580	PublicSupportCY509Pct
Public Support PY509	0.90460	PublicSupportPY509Pct
Investment Income CY	0.14420	InvestmentIncomeCYPct
Investment Income PY	0.09540	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	false	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (true)	InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$877,095	BeginningYearBalanceAmt
Contributions	$210,354	ContributionsAmt
Investment Earnings Or Losses	$127,991	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$10,341	GrantsOrScholarshipsAmt
Other Expenditures	$92,981	OtherExpendituresAmt
Administrative Expenses	$9,133	AdministrativeExpensesAmt
End Year Balance	$1,102,985	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$765,548	BeginningYearBalanceAmt
Contributions	$252,175	ContributionsAmt
Investment Earnings Or Losses	-$105,732	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$28,348	GrantsOrScholarshipsAmt
Administrative Expenses	$6,548	AdministrativeExpensesAmt
End Year Balance	$877,095	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$724,605	BeginningYearBalanceAmt
Contributions	$10,031	ContributionsAmt
Investment Earnings Or Losses	$96,468	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$59,043	GrantsOrScholarshipsAmt
Administrative Expenses	$6,513	AdministrativeExpensesAmt
End Year Balance	$765,548	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$595,994	BeginningYearBalanceAmt
Contributions	$102,500	ContributionsAmt
Investment Earnings Or Losses	$36,639	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,021	GrantsOrScholarshipsAmt
Administrative Expenses	$4,507	AdministrativeExpensesAmt
End Year Balance	$724,605	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$463,801	BeginningYearBalanceAmt
Contributions	$97,650	ContributionsAmt
Investment Earnings Or Losses	$52,512	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$14,521	GrantsOrScholarshipsAmt
Administrative Expenses	$3,448	AdministrativeExpensesAmt
End Year Balance	$595,994	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.23000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.77000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.00000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$107,900	InvestmentCostOrOtherBasisAmt
Book Value	$107,900	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$263,169	InvestmentCostOrOtherBasisAmt
Depreciation	$148,428	DepreciationAmt
Book Value	$114,741	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$13,887	InvestmentCostOrOtherBasisAmt
Depreciation	$3,802	DepreciationAmt
Book Value	$10,085	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$232,726	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Managed Funds - Ray James	$1,102,985	F
CDs	$237,436	F
CDARS	$919,262	F

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$2,259,683	TotalBookValueProgramRltdAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt IV, Line 2b	The ASBC Foundation holds a $2,600 security deposit for a tenant of its rental property.
Pt V, Line 4	The Foundation intends to maintain the principal of the endowments and award scholarships from the earnings.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd
Total501c3 Org	0	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	College Scholarships	GrantTypeTxt
Recipient	204	RecipientCnt
Cash Grant	$546,800	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Valuation Method Used	Book	ValuationMethodUsedDesc
Non Cash Assistance	N/A	NonCashAssistanceDesc

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt VI, Line 5	The documents and financial statements are available to public upon request.
Pt VI, Line 11b	990 is forwarded by email to all Board members for review.