2022-05-31T14:38:54-05:00 2021-09-30 753218994 JONES & MCINTYRE PLLC 6506 LOISDALE ROAD SUITE 330 SPRINGFIELD VA 22150 990 2020-10-01 200031464 THE SCHOLARSHIP FUND OF ALEXANDRIA SCHO 7038246730 3330 KING STREET ALEXANDRIA VA 22302 BRUCE JOHNSON TREASURER 7038246730 2022-05-31 1 BRUCE JOHNSON 999009999 LINDA D MCINTYRE CPA P00048561 7038664500 2022-05-31 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JASMINE MILONE 3330 KING STREET ALEXANDRIA VA 22302 2502121 0 X WWW.ALEXSCHOLARSHIPFUND.ORG X 2002 VA TO AWARD POST-SECONDARY EDUCATION SCHOLARSHIPS TO GRADUATES OF ALEXANDRIA CITY HIGH SCHOOL. 18 17 11 200 0 0 1382839 2181307 0 0 190593 215345 71400 50100 1644832 2446752 1009023 1135518 0 0 183328 315498 0 0 89499 111977 98909 1304328 1549925 340504 896827 6529384 8319812 172099 111044 6357285 8208768 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 1364878 1135518 SEE SCHEDULE O 1364878 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 11 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 17 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 BRUCE E JOHNSON TREASURER 1.00 X X 0 0 0 PRISCILLA GOODWIN CHAIR 1.00 X X 0 0 0 MICHAEL CASEY VICE CHAIR 1.00 X X 0 0 0 DEBORAH ELLSWORTH SECRETARY 1.00 X X 0 0 0 MARK ANDERSON TRUSTEE 1.00 X 0 0 0 JEAN M KELLEHER TRUSTEE 1.00 X 0 0 0 LOIS BERLIN TRUSTEE 1.00 X 0 0 0 LORRAINE REILLY TRUSTEE 1.00 X 0 0 0 SHANNON WATSON TRUSTEE 1.00 X 0 0 0 LAURA CASSIDY TRUSTEE 1.00 X 0 0 0 MARIA MONTIEL TRUSTEE 1.00 X 0 0 0 BETH LOVAIN EXECUTIVE DIRECTOR 40.00 X X 0 0 0 PAUL BRINKMAN TRUSTEE 1.00 X 0 0 0 ANDREW GARRAHAN TRUSTEE 1.00 X 0 0 0 ANGELA GREEN TRUSTEE 1.00 X 0 0 0 KEVIN JAHNS TRUSTEE 1.00 X 0 0 0 DANIEL MURRIN TRUSTEE 1.00 X 0 0 0 JESSE O'CONNELL TRUSTEE 1.00 X 0 0 0 KIMBERLY O'DONNELL TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 1 0 9928 441373 1730006 2181307 203327 203327 12019 1 12018 12018 12018 30368 441373 30368 0 75100 25000 50100 50100 2446752 12018 0 253427 1135518 1135518 289145 187572 40077 61496 3999 3999 22354 8072 5843 8439 25953 25953 16052 16052 10875 10075 800 19960 3458 3608 12894 1156 1156 1932 1932 SOFTWARE EXPENSE 11468 11331 137 BANK CHARGES 6704 890 1946 3868 SPECIAL EVENTS COSTS 3804 1802 2002 PUBLICITY 1005 1005 1549925 1364878 95548 89499 958411 1099797 66543 15594 4500 5425 3469 1253 3373 2216 5496557 7196780 6529384 8319812 21804 26794 115295 83500 750 35000 0 172099 111044 X 3646197 4561847 2711088 3646921 6357285 8208768 6529384 8319812 896827 954656 0 X 0 1 X 1 0 X 1030705 1971698 959122 1454239 2231408 7647172 86508 90443 90921 82633 85112 435617 1117213 2062141 1050043 1536872 2316520 8082789 1027953 7054836 165769 228672 299963 190593 215344 1100341 9183130 0.76820 0.77240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4306304 1372566 440301 386824 32525 5699822 3554240 1508204 111394 842159 25375 4306304 1781951 1777431 5093 10235 3554240 956578 822000 10614 7241 1781951 944217 19015 6654 956578 0.36020 0.02320 0.61660 0 0 3469 1253 2216 2216 X 3515885 954656 130529 1085185 2430700 16052 16052 2446752 1664402 130529 130529 1533873 16052 16052 1549925 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 471741 441373 30368 6237 15357 3666 5108 471741 441373 30368 6237 15357 3666 5108 30368 0 75100 25000 0 75100 25000 25000 50100 VA 1 0 1 0 1.00000 THE SCHOLARSHIP FUND OF ALEXANDRIA 3330 KING STREET ALEXANDRIA VA 22302 0 BETH LOVAIN 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. 415 1133018 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. 0 0 0 0 0 0 0 0 0 COMPENSATION FROM UNRELATED ORGANIZATION BETH LOVAIN, 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 $78,348. FORM 990, PART III, LINE 4A AWARDED 184 TO THE CLASS OF 2021 AND 231RENEWAL SCHOLARSHIPS TO PREVIOUS AWARDEES TO CONTINUE AND COMPLETE THEIR HIGHER EDUCATION. PROVIDED COLLEGE ADVISING AND FINANCIAL AID ADVISING TO 7,000+ STUDENTS IN GRADES 6-12 AND THROUGHOUT COLLEGE. DIRECT SERVICES ARE PROVIDED THROUGH ONE-ON-ONE MEETINGS, SMALL GROUP AND CLASSROOM PRESENTATIONS, PROGRAMS AND WORKSHOPS FOR FAMILIES, RESPONSIVE TEXTING PLATFORM, AND MONTHLY SCHOLARSHIP EMAILS. EXAMPLES OF PROGRAMMING INCLUDE FAFSA COMPLETION WORKSHOPS, TRANSITION TO HIGH SCHOOL PLANNING NIGHT, ALUMNI PANELS, AND NOMINATION PROGRAM FOR NATIONAL COLLEGE SCHOLARSHIPS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE TREASURER AND DIRECTOR PRIOR TO FILING. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD AFTER IT IS FILED. 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.