2019-06-13T14:50:00-05:00 2018-09-30 753218994 JONES & MCINTYRE PLLC 6225 BRANDON AVENUE SUITE 307 SPRINGFIELD VA 22150 990 2017-10-01 200031464 THE SCHOLARSHIP FUND OF ALEXANDRIA SCHO 7038246730 3330 KING STREET ALEXANDRIA VA 22302 BRUCE JOHNSON TREASURER 7038246730 2019-06-13 1 LINDA D MCINTYRE CPA P00048561 7038664500 2019-06-13 40.117.47.89 2019-06-13 15:49:51 ED P A426F58B69222F000E66796E85F60A85A6AB2BCC A426F58B69222F000E66796E85F60A85A6AB2BCC 2017 2019-02-21 02:37:17Z BETH LOVAIN 3330 KING STREET ALEXANDRIA VA 22302 2396786 0 X WWW.ALEXSCHOLARSHIPFUND.ORG X 2002 VA TO AWARD POST-SECONDARY EDUCATION SCHOLARSHIPS TO GRADUATES OF TC WILLIAMS HIGH SCHOOL. 20 18 7 450 0 0 1030705 1971698 0 0 165769 228672 69900 69800 1266374 2270170 887850 860466 0 0 146067 151625 0 0 33916 62675 79912 1096592 1092003 169782 1178167 4726121 5996071 95892 58750 4630229 5937321 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 1019168 860466 SEE SCHEDULE O 1019168 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 0 1 7 1 0 0 0 0 0 1 1 0 0 0 0 X 20 18 0 0 0 0 0 0 0 1 1 0 0 1 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 KATHY CONRAD CHAIR 1.00 X X 0 0 0 PRISCILLA GOODWIN 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 ALBION C DICKSON TRUSTEE 1.00 X 0 0 0 MICHAEL CASEY TRUSTEE 1.00 X 0 0 0 JOHN F LEARY 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 JEAN KELLEHER TRUSTEE 1.00 X 0 0 0 PETER COLARULLI TRUSTEE 1.00 X 0 0 0 SANDRA MURPHY TRUSTEE 1.00 X 0 0 0 GREGORY HUTCHINGS EX OFFICIO 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 0 0 0 0 0 0 1 0 6830 246924 1717944 1971698 228672 228672 101616 246924 101616 0 94800 25000 69800 69800 2270170 0 0 298472 860466 860466 140798 117302 8455 15041 10827 9019 650 1158 19133 19133 11023 11023 11350 11350 11476 3453 2839 5184 526 526 2736 2736 SPECIAL EVENTS COSTS 10949 992 9957 BANK CHARGES 7553 51 5106 2396 SOFTWARE EXPENSE 4926 4926 PUBLICITY 240 60 180 1092003 1019168 38919 33916 27354 88396 225939 634159 2632 300 5639 5790 5795 5795 0 0 4464557 5267426 4726121 5996071 18142 0 65650 33000 12100 25750 95892 58750 X 4455275 5758994 42629 46002 132325 132325 4630229 5937321 4726121 5996071 1178167 128925 0 X 0 1 X 1 0 X 795246 740825 852155 1030705 1971698 5390629 81494 80219 84312 86508 90443 422976 876740 821044 936467 1117213 2062141 5813605 655977 5157628 147680 220117 175566 165769 228672 937804 6751409 0.76390 0.81320 X 956578 822000 10614 7241 1781951 944217 19015 6654 956578 935514 15915 7212 944217 946780 -5034 6232 935514 857885 75000 20466 6571 946780 0.90000 0.07400 0.02600 0 0 5795 5795 0 0 X 2574515 128925 175420 304345 2270170 0 2270170 1267423 175420 175420 1092003 0 1092003 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. GALA 348540 348540 2266 79691 18920 740 348540 348540 2266 79691 18920 740 101617 -101617 94800 25000 0 94800 25000 25000 69800 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. 337 860466 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 $70,605. FORM 990, PART III, LINE 4A PROGRAM ACCOMPLISHMENTS FY2018 AWARDED 154 NEW SCHOLARSHIPS TO GRADUATES OF THE CLASS OF 2018 AND 183 RENEWAL SCHOLARSHIPS TO PREVIOUS AWARDEES TO CONTINUE AND COMPLETE THEIR HIGHER EDUCATION. PROVIDED COLLEGE ADVISING AND FINANCIAL AID ADVISING TO STUDENTS IN GRADES 6 - 12 AND THROUGHOUT COLLEGE. DIRECT SERVICES ARE PROVIDED THROUGH ONE-ON-ONE MEETINGS, SMALL GROUP AND CLASSROOM PRESENTATIONS, AFTER-SCHOOL GROUPS, PROGRAMS FOR FAMILIES, RESPONSIVE TEXTING PLATFORM, AND MONTHLY SCHOLARSHIP EMAILS. MIDDLE SCHOOL HIGHLIGHTS: WEEKLY AFTER SCHOOL ASPIRE HIGHER PROGRAM FOR STUDENTS TRANSITION TO HIGH SCHOOL PLANNING NIGHT FOR FAMILIES TC ALUMNI PANELS FOR STUDENTS HIGH SCHOOL HIGHLIGHTS: COLLEGE NIGHT VIRGINIA FOR FAMILIES 3 FAFSA COMPLETION WORKSHOPS FOR SENIORS SCHOLARSHIP APPLICATION WORKSHOP FOR SENIORS COLLEGE PLANNING NIGHTS FOR SENIORS, JUNIORS AND INT'L ACADEMY FAMILIES COLLEGE SUCCESS WORKSHOPS FOR AWARDEES TEXTING PROGRAM FOR SENIORS ALUMNI HIGHLIGHTS: NETWORKING LUNCHEON FOR FIRST-SEMESTER COLLEGE STUDENTS TEXTING PROGRAM FOR NEW COLLEGE STUDENTS DIRECT SERVICE: STUDENT MEETINGS: 2,921 ONE-ON-ONE MEETINGS WITH HIGH SCHOOL STUDENTS 1,946 HIGH SCHOOL STUDENTS REACHED THROUGH 56 CLASSROOM PRESENTATIONS OR SMALL GROUP WORKSHOPS 2,261 INTERACTIONS WITH MIDDLE SCHOOL STUDENTS 1,055 INTERACTIONS WITH MIDDLE AND HIGH SCHOOL PARENTS SENIOR TEXT MESSAGING PLATFORM: 86% STUDENT ENGAGEMENT 96 GROUP MESSAGES SENT 7.8% RESPONSE RATE PER MESSAGE 4,437 INDIVIDUAL TEXT MESSAGE RESPONSES TO STUDENT QUESTIONS ALUMNI MEETINGS: 506 IN-PERSON MEETINGS 236 TELEPHONE OR EMAIL INTERACTIONS 63 PARENT MEETINGS ALUMNI TEXT MESSAGING PLATFORM: 81.73% STUDENT ENGAGEMENT 101 GROUP MESSAGES SENT 14.83% RESPONSE RATE PER MESSAGE 3,532 INDIVIDUAL TEXT MESSAGE RESPONSES TO STUDENT QUESTIONS KEY INDICATOR OF COLLEGE MATRICULATION: FAFSA COMPLETIONS INCREASED BY 19% FROM 436 TO 519 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.