SCHOLARSHIP FUND OF ALEXANDRIA: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: SCHOLARSHIP FUND OF ALEXANDRIA (EIN 20-0031464)
Tax period: 2019-10-01 to 2020-09-30
Filed: 2021-08-13
IRS object ID: 202112259349301951
Schema version: 2019v5.2
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 G
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-08-13T10:12:27-05:00	ReturnTs
Tax Period End	2020-09-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	753218994	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	JONES & MCINTYRE PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	6225 BRANDON AVENUE SUITE 307	AddressLine1Txt
City	SPRINGFIELD	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22150	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-10-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200031464	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE SCHOLARSHIP FUND OF ALEXANDRIA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SCHO	BusinessNameControlTxt
Phone	7038246730	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3330 KING STREET	AddressLine1Txt
City	ALEXANDRIA	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22302	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BRUCE JOHNSON	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	7038246730	PhoneNum
Signature	2021-08-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LINDA D MCINTYRE CPA	PreparerPersonNm
PTIN	P00048561	PTIN
Phone	7038664500	PhoneNum
Preparation	2021-08-13	PreparationDt

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	BETH LOVAIN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3330 KING STREET	AddressLine1Txt
City	ALEXANDRIA	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22302	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,669,832	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.ALEXSCHOLARSHIPFUND.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2002	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	TO AWARD POST-SECONDARY EDUCATION SCHOLARSHIPS TO GRADUATES OF TC WILLIAMS HIGH SCHOOL.	ActivityOrMissionDesc
Voting Members Governing Body	19	VotingMembersGoverningBodyCnt
Voting Members Independent	18	VotingMembersIndependentCnt
Total Employee	8	TotalEmployeeCnt
Total Volunteers	200	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$959,122	PYContributionsGrantsAmt
CY Contributions Grants	$1,382,839	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$299,963	PYInvestmentIncomeAmt
CY Investment Income	$190,593	CYInvestmentIncomeAmt
PY Other Revenue	$48,100	PYOtherRevenueAmt
CY Other Revenue	$71,400	CYOtherRevenueAmt
PY Total Revenue	$1,307,185	PYTotalRevenueAmt
CY Total Revenue	$1,644,832	CYTotalRevenueAmt
PY Grants And Similar Paid	$974,775	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$1,009,023	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$155,370	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$183,328	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$55,814	CYTotalFundraisingExpenseAmt
PY Other Expenses	$126,515	PYOtherExpensesAmt
CY Other Expenses	$111,977	CYOtherExpensesAmt
PY Total Expenses	$1,256,660	PYTotalExpensesAmt
CY Total Expenses	$1,304,328	CYTotalExpensesAmt
PY Revenues Less Expenses	$50,525	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$340,504	CYRevenuesLessExpensesAmt
Total Assets BOY	$5,928,248	TotalAssetsBOYAmt
Total Assets EOY	$6,529,384	TotalAssetsEOYAmt
Total Liabilities BOY	$63,363	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$172,099	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$5,864,885	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$6,357,285	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	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.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,168,847	ExpenseAmt
Grant	$1,009,023	GrantAmt
Desc	SEE SCHEDULE O	Desc
Total Program Service Expenses	$1,168,847	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	Yes (1)	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	9	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	8	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	19	GoverningBodyVotingMembersCnt
Independent Voting Member	18	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7038246730	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3330 KING STREET	AddressLine1Txt
City	ALEXANDRIA	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22302	ZIPCd

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

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
BRUCE E JOHNSON
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
PRISCILLA GOODWIN
CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
MICHAEL CASEY
VICE CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
DEBORAH ELLSWORTH
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
MARK ANDERSON
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ALBION C DICKSON
TRUSTEE	1.00	Yes (X)		$0	$0	$0
LOIS BERLIN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
LORRAINE REILLY
TRUSTEE	1.00	Yes (X)		$0	$0	$0
SHANNON WATSON
TRUSTEE	1.00	Yes (X)		$0	$0	$0
LAURA CASSIDY
TRUSTEE	1.00	Yes (X)		$0	$0	$0
JEAN KELLEHER
TRUSTEE	1.00	Yes (X)		$0	$0	$0
BETH LOVAIN
EXECUTIVE DIRECTOR	40.00	Yes (X)	Yes (X)	$0	$0	$0
PAUL BRINKMAN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ANDREW GARRAHAN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ANGELA GREEN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
KEVIN JAHNS
TRUSTEE	1.00	Yes (X)		$0	$0	$0
DANIEL MURRIN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
JESSE O'CONNELL
TRUSTEE	1.00	Yes (X)		$0	$0	$0
KIMBERLY O'DONNELL
TRUSTEE	1.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	Yes (1)	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Federated Campaigns	$6,704	FederatedCampaignsAmt
Fundraising	$362,253	FundraisingAmt
All Other Contributions	$1,013,882	AllOtherContributionsAmt
Total Contributions	$1,382,839	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$190,593	TotalRevenueColumnAmt
Exclusion	$190,593	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$362,253	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$0	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$96,400	GamingGrossIncomeAmt
Gaming Direct Expenses	$25,000	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$71,400	TotalRevenueColumnAmt
Exclusion	$71,400	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,644,832	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$261,993	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$1,009,023	TotalAmt
Program Services	$1,009,023	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$169,380	TotalAmt
Program Services	$96,442	ProgramServicesAmt
Management And General	$34,158	ManagementAndGeneralAmt
Fundraising	$38,780	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$922	TotalAmt
Program Services	$922	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$13,026	TotalAmt
Program Services	$7,445	ProgramServicesAmt
Management And General	$2,609	ManagementAndGeneralAmt
Fundraising	$2,972	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$19,927	TotalAmt
Management And General	$19,927	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$12,378	TotalAmt
Management And General	$12,378	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$39,374	TotalAmt
Program Services	$39,374	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$11,565	TotalAmt
Program Services	$6,358	ProgramServicesAmt
Management And General	$2,813	ManagementAndGeneralAmt
Fundraising	$2,394	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$3,363	TotalAmt
Program Services	$3,363	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$96	TotalAmt
Program Services	$96	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,347	TotalAmt
Management And General	$1,347	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt	Management And GeneralManagementAndGeneralAmt
SPECIAL EVENTS COSTS	$11,118	$161	$10,957
BANK CHARGES	$7,346	$200	$711	$6,435
SOFTWARE EXPENSE	$5,383	$5,383
PUBLICITY	$80	$80

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,304,328	TotalAmt
Program Services	$1,168,847	ProgramServicesAmt
Management And General	$79,667	ManagementAndGeneralAmt
Fundraising	$55,814	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$427,332	BOYAmt
EOY	$958,411	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$350,269	BOYAmt
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,035	BOYAmt
EOY	$66,543	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$550	BOYAmt
EOY	$4,500	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$3,469	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$96	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$3,373	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$5,148,062	BOYAmt
EOY	$5,496,557	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,928,248	BOYAmt
EOY	$6,529,384	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$6,975	BOYAmt
EOY	$21,804	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$56,388	BOYAmt
EOY	$115,295	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$35,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$63,363	BOYAmt
EOY	$172,099	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	$2,310,645	BOYAmt
EOY	$3,646,197	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,554,240	BOYAmt
EOY	$2,711,088	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,864,885	BOYAmt
EOY	$6,357,285	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,928,248	BOYAmt
EOY	$6,529,384	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$340,504	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$151,896	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$852,155	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,030,705	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,971,698	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$959,122	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,454,239	CurrentTaxYearAmt
Total	$6,267,919	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$84,312	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$86,508	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$90,443	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$90,921	CurrentTaxYearMinus1YearAmt
Current Tax Year	$82,633	CurrentTaxYearAmt
Total	$434,817	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$936,467	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,117,213	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,062,141	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,050,043	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,536,872	CurrentTaxYearAmt
Total	$6,702,736	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$705,994	SubstantialContributorsTotAmt
Public Support Total170	$5,996,742	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$175,566	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$165,769	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$228,672	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$299,963	CurrentTaxYearMinus1YearAmt
Current Tax Year	$190,593	CurrentTaxYearAmt
Total	$1,060,563	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$7,763,299	TotalSupportAmt
Public Support CY170	0.77240	PublicSupportCY170Pct
Public Support PY170	0.75310	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

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

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$3,554,240	BeginningYearBalanceAmt
Contributions	$1,508,204	ContributionsAmt
Investment Earnings Or Losses	$111,394	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$842,159	GrantsOrScholarshipsAmt
Administrative Expenses	$25,375	AdministrativeExpensesAmt
End Year Balance	$4,306,304	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,781,951	BeginningYearBalanceAmt
Contributions	$1,777,431	ContributionsAmt
Investment Earnings Or Losses	$5,093	InvestmentEarningsOrLossesAmt
Other Expenditures	$10,235	OtherExpendituresAmt
End Year Balance	$3,554,240	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$956,578	BeginningYearBalanceAmt
Contributions	$822,000	ContributionsAmt
Investment Earnings Or Losses	$10,614	InvestmentEarningsOrLossesAmt
Other Expenditures	$7,241	OtherExpendituresAmt
End Year Balance	$1,781,951	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$944,217	BeginningYearBalanceAmt
Investment Earnings Or Losses	$19,015	InvestmentEarningsOrLossesAmt
Other Expenditures	$6,654	OtherExpendituresAmt
End Year Balance	$956,578	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$935,514	BeginningYearBalanceAmt
Investment Earnings Or Losses	$15,915	InvestmentEarningsOrLossesAmt
Other Expenditures	$7,212	OtherExpendituresAmt
End Year Balance	$944,217	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.37040	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.03080	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.59880	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,469	OtherCostOrOtherBasisAmt
Depreciation	$96	DepreciationAmt
Book Value	$3,373	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$3,373	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	PAYCHECK PROTECTION LOAN	Desc
Amt	$35,000	Amt

Field	Value	IRS element (for citing)
Total Liability	$35,000	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$1,912,226	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$151,896	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$127,876	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$279,772	RevenueNotReportedAmt
Revenue Subtotal	$1,632,454	RevenueSubtotalAmt
Investment Expenses Not Incld	$12,378	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$12,378	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,644,832	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,419,826	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$127,876	DonatedServicesUseFcltsAmt
Expenses Not Reported	$127,876	ExpensesNotReportedAmt
Expenses Subtotal	$1,291,950	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$12,378	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$12,378	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,304,328	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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. SFA'S INCOME TAX RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND OTHER STATE AND LOCAL TAXING AUTHORITIES FOR THREE YEARS AFTER THEY WERE FILED.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	GALA	Event1Nm
Gross Receipts Event1	$362,253	GrossReceiptsEvent1Amt
Charitable Contri Event1	$362,253	CharitableContriEvent1Amt
Gross Receipts Total	$362,253	GrossReceiptsTotalAmt
Charitable Contributions Tot	$362,253	CharitableContributionsTotAmt

Gaming Information GamingInformationGrp

Field	Value	IRS element (for citing)
Gross Revenue Other Gaming	$96,400	GrossRevenueOtherGamingAmt
Cash Prizes Other Gaming	$25,000	CashPrizesOtherGamingAmt
Volunteer Labor Other Gaming	0	VolunteerLaborOtherGamingInd
Gross Revenue Total Gaming	$96,400	GrossRevenueTotalGamingAmt
Cash Prizes Total Gaming	$25,000	CashPrizesTotalGamingAmt
Direct Expense Summary Gaming	$25,000	DirectExpenseSummaryGamingAmt
Net Gaming Income Summary	$71,400	NetGamingIncomeSummaryAmt

Field	Value	IRS element (for citing)
States Where Gaming Conducted	VA	StatesWhereGamingConductedCd
Licensed	Yes (1)	LicensedInd
License Suspended Etc	0	LicenseSuspendedEtcInd
Gaming With Nonmembers	Yes (1)	GamingWithNonmembersInd
Member Of Other Entity	0	MemberOfOtherEntityInd
Gaming Other Facility	1.00000	GamingOtherFacilityPct

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	THE SCHOLARSHIP FUND OF ALEXANDRIA	BusinessNameLine1Txt

Persons With Books US Address PersonsWithBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	3330 KING STREET	AddressLine1Txt
City	ALEXANDRIA	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22302	ZIPCd

Field	Value	IRS element (for citing)
Cntrct With3rd Prty For Game Rev	0	CntrctWith3rdPrtyForGameRevInd
Gaming Manager Person	BETH LOVAIN EXECUTIVE DIRECTOR	GamingManagerPersonNm
Gaming Manager Services Prov	OVERSEES MANAGEMENT AND REPORTING OF THE EVENT AS PART OF HER JOB RESPONSIBILTIES.	GamingManagerServicesProvTxt
Gaming Manager Is Director Ofcr	Yes (X)	GamingManagerIsDirectorOfcrInd
Charitable Distribution Rqr	Yes (1)	CharitableDistributionRqrInd

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	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.	GrantTypeTxt
Recipient	393	RecipientCnt
Cash Grant	$1,009,023	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	SFA VERIFIES ENROLLMENT FOR EACH RECIPIENT. WHEN RENEWAL APPLICATIONS ARE SUBMITTED, THEY ARE REQUIRED TO BE ACCOMPANIED BY TRANSCRIPTS AND AWARD LETTERS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	COMPENSATION FROM UNRELATED ORGANIZATION	FormAndLineReferenceDesc
Explanation	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 $74,534.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 4A	AWARDED 181 TO THE CLASS OF 2020 AND 212 RENEWAL 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 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 HVE 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.