2023-11-13T15:24:04-07:00 2023-06-30 990 2022-07-01 561761842 ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION ASHE 3366255104 PO Box 1103 Asheboro NC 27204 Kristen Wright Treasurer 3366255104 2023-11-09 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Kristen Wright PO Box 1103 Asheboro NC 27204 251574 0 X X Foundation 1991 NC To provide continuing support of Asheboro City Schools and its educational programs and provide philanthropic opportunities allowing donors to make gifts which will improve the quality of education for students in the Asheboro City Schools. 9 9 0 9 0 0 55545 233186 0 0 14947 18388 0 0 70492 251574 24050 70595 0 0 0 0 0 0 0 12306 13033 36356 83628 34136 167946 655638 878983 0 0 655638 878983 X To award scholarships to seniors graduating from Asheboro High School and attending institutions of higher learning. Also to provide a conduit for public donations that are intended to be paid to Asheboro City Schools for upgrades of facilities and supplementation of educational programs. 1 0 35500 35500 0 The Asheboro City Schools Education Foundation accepted several donations that were intended to be used for improvements to facilities. Specifically, there were two donations (one for $33,000, and one for $2,500) that were given with the intent that the money be used to pay for an upgraded weight room at Asheboro High School. 33750 33750 18388 The Asheboro City Schools Education Foundation receives monetary donations from the public and uses them to award scholarships to seniors from Asheboro High School who are attending institutions of higher learning upon graduation. For the year ending June 30, 2023, the Asheboro City Schools Education Foundation awarded scholarships to 28 seniors (paid directly to their respective institutions of higher learning) totaling $33,750. 1345 1345 0 The Asheboro City Schools Education Foundation accepted several donations that were intended to be used for improvements to facilities. A former librarian passed away and the family asked that donations be made in her honor to Asheboro City Schools Education Foundation for the purpose of buying books and/or furniture for the media center at Guy B. Teachey Elementary School. 7 7 0 Asheboro City Schools Education Foundation pays for an engraved merit award that goes to an outstanding senior. 7 7 0 70602 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X Kristen Wright 3366255104 PO Box 1103 Asheboro NC 27204 X Carla Freemyer Member at Large 1 0 X 0 0 0 Carle Hall Member at Large 0.25 0 X 0 0 0 Sam Ramsey Member at Large 0.25 0 X 0 0 0 Janice Kite Member at Large 0.25 0 X 0 0 0 Kathryn Lail Member at Large 0.25 0 X 0 0 0 Aaron Woody President 0.25 0 X 0 0 0 Sandra Spivey Vice President 0.5 0 X 0 0 0 Kristen Wright Treasurer 3.00 0 X 0 0 0 Mikayla Smith Secretary 2 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 233186 0 233186 0 18388 18388 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 251574 18388 0 0 36845 36845 33750 33750 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13026 0 13026 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Engraving of the Hedrick Award to Outstanding Senior 7 7 0 0 0 0 0 0 83628 70602 13026 0 221783 384367 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 433855 494616 0 0 0 0 0 0 0 0 655638 878983 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 581549 44144 74089 834839 655638 878983 655638 878983 167946 55399 0 0 0 0 X 0 0 0 X 51100 45357 78593 55545 233186 463781 0 0 0 0 0 0 0 0 0 0 0 0 51100 45357 78593 55545 233186 463781 220282 243499 20610 17750 16339 14947 18388 88034 0 0 0 0 0 0 0 0 0 0 0 0 551815 0 0.44127 0.58996 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 655638 233186 60761 70602 0 0 878983 690325 55545 -66182 24050 0 0 655638 544980 78593 89002 22250 0 0 690325 509637 45357 19486 29500 0 0 544980 453212 51100 28895 23570 0 0 509637 0 0.89 0.11 0 0 Schedule D, Part V, Line 4 To award scholarships to seniors graduating from Asheboro High School and attend institutions of higher learning. Also, to provide a platform for public donations to upgrade facilities and/or programs at Asheboro City Schools. 1 Asheboro City Schools PO Box 1103 Asheboro NC 27204 566000989 Government Entity 35500 To renovate the weight room at Asheboro High School with new paint, equipment, and flooring. 0 1 Scholarships for students attending college 28 33750 0 Schedule I, Part I, Line 2 Schedule I, Part 1, Line 2 - Students are required to complete a scholarship application and the Asheboro City Schools Education Foundation Board members interview each applicant after reviewing these applications. Candidates are matched with appropriate scholarships based on the criteria established at inception of the scholarship. Scholarship checks are made out directly to the college after students submit documentation showing proof of acceptance and student ID. Student name and ID number are referenced in the memo line of the check. Monthly bank reconciliations are completed to ensure that checks were received and cashed by colleges. When donations are given for facilities or programs, the donation is deposited and receipted to the donor, and a check is written to Asheboro City Schools in the amount donated. Asheboro City Schools deposits the check to the appropriate budget line for the facility upgrade or program support. Schedule I, Part II, Line 1 The Asheboro City Schools Education Foundation received two donations (one in the amount of $33,000 and one in the amount of $2,500) that were specifically donated for a renovation project at Asheboro High School's weight room. Schedule I, Part III Scholarships for students attending college were awarded to 28 Asheboro High School students. The total amount of all awards was $33,750. Scholarships are awarded based on fund balances for each scholarship prior to the date of scholarship interviews. The Treasurer recommends an award amount for each scholarship, and the Board approves that amount, or makes a different recommendation. Also, students must apply for the scholarships, completing an application and getting required recommendations. Students are then called before the Board for interviews, and the Board selects the best candidate for each scholarship based upon the applications and interviews. Form 990, Part III, Line 2 The Asheboro City Schools Education Foundation accepted several donations that were intended to be used for improvements to facilities. Specifically, there were two donations (one for $33,000, and one for $2,500) that were given with the intent that the money be used to pay for an upgraded weight room at Asheboro High School. Also, a former librarian passed away and the family asked that donations be made in her honor to Asheboro City Schools Education Foundation and then remitted to Guy B. Teachey Elementary School for the purpose of buying books and/or furniture for the media center at the school. Form 990, Part III, Line 4a The following scholarships (totaling $33,750) were paid during the period 7/1/22-6/30/23: (Paid on 7/1/22) Dr. Diane L. Frost Centennial Scholarship - Amount: $1,000; Recipient: Luis Martinez Aguirre; Frank Barham Excellence in Math Scholarship - Amount: $500; Recipient: Kashish Singh; Doctors Surinder and Gurdial Wahla Scholarship - Amount: $500; Recipient: Kashish Singh; Kathryn Cherry Needham Scholarship - Amount: $1,000; Recipient: Madison Koskelowski; Ruby B. Smith Memorial Scholarship - Amount: $2,000; Recipient: Tiffany Martindale; Lana Gail Harris "Dash" Scholarship - Amount: $2,000; Recipient: Tiffany Martindale; The Sam Ramsey/Chick Fila Scholarship - Amount: $1,000; Recipient: Crystal Estrada-Dubon; Brooke Upchurch Phillips Memorial Scholarship - Amount: $1,000; Recipient: Brandon Aguilar-Gutierrez; Laura Lisk Memorial Scholarship - Amount: $1,000; Recipient: Sarah Allred; Pam Hill Scholarship - Amount: $500; Recipient: Jocelyn Estrada-Moscoso; Dr. Bob Gordon Scholarship - Amount: $1,000; Recipient: Emma Brady; The Ida Ruth Alman Memorial Scholarship - Amount: $1,000; Recipient: Jeanette Graham; Katie Bunch Servant Leader Scholarship - Amount $2,000; Recipient: Yu Chen; The Eddie Luck Memorial Scholarship - Amount: $500; Recipient: Yu Chen; Katie Bunch Servant Leader Scholarship - Amount $2,000; Recipient: Journey Craven; Lee Phoenix Scholarship - Amount: $1,000; Recipient: Fatima Galvan-Ruiz; Dr. Diane L. Frost Centennial Scholarship - Amount: $1,000; Recipient: Alonzo Castro-Perez; T. Henry Redding Scholarship - Amount: $1,000; Recipient: Georgia Shipley; (Paid on 7/14/22) JB and Claire Davis Scholarship of Excellence - Amount $750; Recipient: Monica Powell; Lisa Robertson Memorial Scholarship - Amount: $1,000; Recipient: Maggie Allred; (Paid on 7/25/22) T. Henry Redding Scholarship - Amount: $1,000; Recipient: Saul Badillo; Lee J. Stone Memorial Scholarship - Amount: $2,000; Recipient: Brandon Garcia Alcoser; Katie Bunch Servant Leader Scholarship - Amount: $1,000; Recipient: Ferdinand Kelley; Richard Harrington Memorial Scholarship - Amount: $1,000; Recipient: Ferdinand Kelley; (Paid on 8/8/22) The Joyce Harrington Memorial Scholarship - Amount: $500; Recipient: Peyton Knott; Charles Spivey Memorial Scholarship - Amount: $500; Recipient: Timmyeria Wright; The Richard Morgan Scholarship - Amount: $500; Recipient: Maria Guerroro-Resendez; (Paid on 8/15/22) The Curt Lorimer Memorial Scholarship - Amount $1,000; Recipient: Guillermo Hernandez-Lobato; Shann Redding Scholarship for Excellence - Amount: $1,000; Recipient: Rolando Hernandez-Ovalle; (Paid on 9/2/22) Derek Kesler Memorial Scholarship - Amount: $2,000; Recipient: Leonard Parra; (Paid on 10/7/22) The William H. Redding Scholarship - Amount: $1,000; Recipient: Madison Arroyo; (Paid on 12/9/22) The Reitzel Smith Memorial Scholarship - Amount: $500; Recipient: Trenton Cassidy. Form 990, Part VI, Section B, Line 11b The 990 (or 990EZ) and all corresponding schedules are completed by the Treasurer for the Asheboro City Schools Education Foundation and reviewed by the Vice President (both are voluntary positions, but holders of both offices must have an accounting background). The 990 (or 990EZ) is made available to other Board members and the general public upon request. Form 990, Part VI, Section C, Line 19 Governing Documents and Financial Statements for the Asheboro City Schools Education Foundation are made available to to the public upon written request.