SCHOLARSHIP AMERICA INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- SCHOLARSHIP AMERICA INC (EIN 04-2296967)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-09-06
- IRS object ID
- 201712499349300936
- Schema version
- 2016v3.0
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-09-06T13:55:12-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Tilly Virchow Krause LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 S 6th St 2300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042296967 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Scholarship America Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCHO | BusinessNameControlTxt |
| Phone | 9528307396 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 International Dr No 500 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55425 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD GREENE | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 9528307396 | PhoneNum |
| Signature | 2017-08-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lawrence H Mohr CPA | PreparerPersonNm |
| PTIN | P00447603 | PTIN |
| Phone | 6128764500 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.88.188.75 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-08-07 | IPDt |
| IP Tm | 12:23:38 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 167182DFA60A41E45EAE2F4EF9C72CA9A698CA21 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Robert Ballard | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 International Dr No 500 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55425 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $224,876,079 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.scholarshipamerica.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1961 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | TO MOBILIZE AMERICA THROUGH SCHOLARSHIPS AND EDUCATIONAL SUPPORT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 192 | TotalEmployeeCnt |
| Total Volunteers | 14000 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $170,535,270 | PYContributionsGrantsAmt |
| CY Contributions Grants | $161,224,923 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $12,276,380 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $13,172,333 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,111,801 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,332,837 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$163,699 | PYOtherRevenueAmt |
| CY Other Revenue | -$122,018 | CYOtherRevenueAmt |
| PY Total Revenue | $183,759,752 | PYTotalRevenueAmt |
| CY Total Revenue | $175,608,075 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $181,575,490 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $171,725,189 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,762,232 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $9,184,171 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $75,096 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,397,388 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,208,690 | PYOtherExpensesAmt |
| CY Other Expenses | $4,618,825 | CYOtherExpensesAmt |
| PY Total Expenses | $197,621,508 | PYTotalExpensesAmt |
| CY Total Expenses | $185,528,185 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$13,861,756 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$9,920,110 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $137,105,652 | TotalAssetsBOYAmt |
| Total Assets EOY | $138,143,264 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $37,375,604 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $43,476,003 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $99,730,048 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $94,667,261 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SCHOLARSHIP AMERICA IS A NATIONAL EDUCATION SERVICE ORGANIZATION. OUR MISSION IS TO MOBILIZE AMERICA THROUGH SCHOLARSHIPS AND EDUCATIONAL SUPPORT TO MAKE POSTSECONDARY SUCCESS POSSIBLE FOR ALL STUDENTS. SCHOLARSHIP AMERICA HAS DISTRIBUTED MORE THAN $3.7 BILLION IN SCHOLARSHIP ASSISTANCE TO MORE THAN 2.3 MILLION STUDENTS SINCE 1958. SCHOLARSHIP AMERICA'S PROGRAMS HELP FUND BOTH ENTRY-LEVEL AND RENEWABLE, MULTI-YEAR SCHOLARSHIPS, AS WELL AS EMERGENCY FINANCIAL GRANTS. PROGRAMS INCLUDE DOLLARS FOR SCHOLARS, DREAMKEEPERS, THE DREAM AWARD SCHOLARSHIP PROGRAM, AND SCHOLARSHIP MANAGEMENT SERVICES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $178,827,971 | ExpenseAmt |
| Grant | $171,725,189 | GrantAmt |
| Revenue | $12,685,840 | RevenueAmt |
| Desc | SCHOLARSHIP MANAGEMENT SERVICES IS THE LEADING EDUCATION ASSISTANCE SERVICE PROVIDER IN THE COUNTRY, HELPING CORPORATIONS, FOUNDATIONS AND INDIVIDUALS DESIGN AND ADMINISTER SCHOLARSHIP AND RELATED EDUCATIONAL ASSISTANCE PROGRAMS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $952,531 | ExpenseAmt |
| Revenue | $486,493 | RevenueAmt |
| Desc | Dollars for Scholars (DFS) and Other Student Programs is comprised of a national network of nearly 500 community-based, volunteer-driven DFS chapter organizations that provide educational assistance to local communities, along with other programming such as emergency financial assistance grants to drive persistence in post-secondary education. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $546,682 | ExpenseAmt |
| Desc | Other Program Services include the Families of Freedom scholarship program and other related education program research, policy and community engagement activities. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $180,327,184 | 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 |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | 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 | 425 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 192 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | 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 | Yes (1) | 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 | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| 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 | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD S GREENE CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9528307396 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 INTERNATIONAL DR SUITE 500 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55425 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MICHAEL RYAN | |||||||
| Chair of the Board | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Mim Schreck | |||||||
| Past Chair of the board | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Timothy Christensen | |||||||
| Secretary | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Michael Ryder | |||||||
| Treasurer | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Phyllis McGrath | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| William Young | |||||||
| Trustee | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| Judith Allen | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Roxanne Spillett | |||||||
| Trustee | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Seema Shah | |||||||
| Trustee | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| Douglas Mello | |||||||
| Trustee | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| Jay Morris | |||||||
| Trustee | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| Tina Lee | |||||||
| Trustee | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| J Barry Griswell | |||||||
| Vice Chair of the board | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Mark P Turchan | |||||||
| Trustee | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| Michael L Davis | |||||||
| Trustee | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| Joyce E Smith | |||||||
| Trustee | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| Richard J Schwab | |||||||
| Trustee | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| Richard Greene | |||||||
| Chief Financial Officer | 40.00 | Yes (X) | $200,860 | $0 | $28,712 | ||
| Robert Ballard | |||||||
| President and CEO | 40.00 | Yes (X) | $273,125 | $0 | $49,407 | ||
| Rhianna Quinn Roddy | |||||||
| Executive Director, FOF | 40.00 | $195,404 | $0 | $35,769 | Yes (X) | ||
| Mary Larson | |||||||
| Senior VP Mktg and Public | 40.00 | $156,097 | $0 | $3,858 | Yes (X) | ||
| Jennifer Menke | |||||||
| VP Human Resources | 40.00 | $161,333 | $0 | $25,645 | Yes (X) | ||
| Mike Nylund | |||||||
| VP of Sales, SMS | 40.00 | $152,429 | $0 | $15,615 | Yes (X) | ||
| Stephanie Stoffel | |||||||
| VP, IT | 40.00 | $111,811 | $0 | $28,777 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,251,059 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $187,783 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Internet Connections Inc | |||||
| PO Box 205 | Mankato | MN | 56002 | Software Development | $275,843 |
| International Plaza Partners 2 LLC | |||||
| PO Box 714541 | Cincinnati | OH | 452714541 | Property Owner - Rent | $261,308 |
| Avanade Inc | |||||
| 818 Stewart Street STE 400 | Seattle | WA | 98101 | Software Development | $199,566 |
| oracle america inc | |||||
| PO Box 203448 | Dallas | TX | 75320 | Software Provider | $169,458 |
| Hill & Company Communications | |||||
| 1290 B Street STE 201 | Hayward | CA | 94541 | Marketing Communications | $144,801 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Fundraising | $331,706 | FundraisingAmt |
| All Other Contributions | $160,893,217 | AllOtherContributionsAmt |
| Noncash Contributions | $159,246 | NoncashContributionsAmt |
| Total Contributions | $161,224,923 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MANAGEMENT FEES | 900099 | $12,685,840 | $12,685,840 |
| DOLLARS FOR SCHOLARS/OTHER | 900099 | $486,493 | $486,493 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $13,172,333 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,439,905 | TotalRevenueColumnAmt |
| Exclusion | $2,439,905 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $47,940,308 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $49,047,376 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,107,068 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,107,068 | TotalRevenueColumnAmt |
| Exclusion | -$1,107,068 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $15,985 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $331,706 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $220,628 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$204,643 | TotalRevenueColumnAmt |
| Exclusion | -$204,643 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Income | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $82,625 | TotalRevenueColumnAmt |
| Exclusion | $82,625 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $82,625 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $175,608,075 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,172,333 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,210,819 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,931,721 | TotalAmt |
| Program Services | $165,931,721 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,793,468 | TotalAmt |
| Program Services | $5,793,468 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $517,887 | TotalAmt |
| Management And General | $517,887 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,225,091 | TotalAmt |
| Program Services | $4,539,268 | ProgramServicesAmt |
| Management And General | $1,748,003 | ManagementAndGeneralAmt |
| Fundraising | $937,820 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $895,295 | TotalAmt |
| Program Services | $627,219 | ProgramServicesAmt |
| Management And General | $174,346 | ManagementAndGeneralAmt |
| Fundraising | $93,730 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $545,898 | TotalAmt |
| Program Services | $333,019 | ProgramServicesAmt |
| Management And General | $146,344 | ManagementAndGeneralAmt |
| Fundraising | $66,535 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,022,391 | TotalAmt |
| Program Services | $742,037 | ProgramServicesAmt |
| Management And General | $246,005 | ManagementAndGeneralAmt |
| Fundraising | $34,349 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,444 | TotalAmt |
| Management And General | $133,444 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,303 | TotalAmt |
| Management And General | $73,303 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,886 | TotalAmt |
| Management And General | $37,886 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $410,991 | TotalAmt |
| Program Services | $329,528 | ProgramServicesAmt |
| Management And General | $80,006 | ManagementAndGeneralAmt |
| Fundraising | $1,457 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $559,465 | TotalAmt |
| Program Services | $439,957 | ProgramServicesAmt |
| Management And General | $79,441 | ManagementAndGeneralAmt |
| Fundraising | $40,067 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $347,267 | TotalAmt |
| Program Services | $295,984 | ProgramServicesAmt |
| Management And General | $51,283 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $502,573 | TotalAmt |
| Program Services | $254,766 | ProgramServicesAmt |
| Management And General | $162,204 | ManagementAndGeneralAmt |
| Fundraising | $85,603 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $578,036 | TotalAmt |
| Program Services | $364,608 | ProgramServicesAmt |
| Management And General | $141,710 | ManagementAndGeneralAmt |
| Fundraising | $71,718 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,200 | TotalAmt |
| Program Services | $57,048 | ProgramServicesAmt |
| Management And General | $19,764 | ManagementAndGeneralAmt |
| Fundraising | $4,388 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $597,631 | TotalAmt |
| Program Services | $478,555 | ProgramServicesAmt |
| Management And General | $86,450 | ManagementAndGeneralAmt |
| Fundraising | $32,626 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,152 | TotalAmt |
| Program Services | $120,299 | ProgramServicesAmt |
| Management And General | $32,016 | ManagementAndGeneralAmt |
| Fundraising | $9,837 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Total | $112,486 | TotalAmt |
| Program Services | $19,707 | ProgramServicesAmt |
| Management And General | $73,521 | ManagementAndGeneralAmt |
| Fundraising | $19,258 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,528,185 | TotalAmt |
| Program Services | $180,327,184 | ProgramServicesAmt |
| Management And General | $3,803,613 | ManagementAndGeneralAmt |
| Fundraising | $1,397,388 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,092,872 | BOYAmt |
| EOY | $17,581,332 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,360,006 | BOYAmt |
| EOY | $1,947,612 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,849,043 | BOYAmt |
| EOY | $1,833,252 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $384,626 | BOYAmt |
| EOY | $385,887 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,967,794 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,531,596 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,734,375 | BOYAmt |
| EOY | $2,436,198 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,264,665 | BOYAmt |
| EOY | $106,279,126 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,598,155 | BOYAmt |
| EOY | $6,064,086 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,569,213 | BOYAmt |
| EOY | $1,365,655 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $252,697 | BOYAmt |
| EOY | $250,116 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,105,652 | BOYAmt |
| EOY | $138,143,264 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,463,323 | BOYAmt |
| EOY | $1,333,825 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $937,745 | BOYAmt |
| EOY | $772,304 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,974,536 | BOYAmt |
| EOY | $41,369,874 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,375,604 | BOYAmt |
| EOY | $43,476,003 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,741,496 | BOYAmt |
| EOY | $6,772,995 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,521,770 | BOYAmt |
| EOY | $74,403,213 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,466,782 | BOYAmt |
| EOY | $13,491,053 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,730,048 | BOYAmt |
| EOY | $94,667,261 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,105,652 | BOYAmt |
| EOY | $138,143,264 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$9,920,110 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,857,323 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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 | $151,980,658 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $135,070,904 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $156,910,250 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $170,535,270 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $161,224,923 | CurrentTaxYearAmt |
| Total | $775,722,005 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $151,980,658 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $135,070,904 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $156,910,250 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $170,535,270 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $161,224,923 | CurrentTaxYearAmt |
| Total | $775,722,005 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $22,071,107 | SubstantialContributorsTotAmt |
| Public Support Total170 | $753,650,898 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,890,246 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $800,811 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,312,344 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,694,818 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,439,905 | CurrentTaxYearAmt |
| Total | $11,138,124 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $786,860,129 | TotalSupportAmt |
| Public Support CY170 | 0.95780 | PublicSupportCY170Pct |
| Public Support PY170 | 0.95730 | 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 | $15,501,416 | BeginningYearBalanceAmt |
| Contributions | $39,013 | ContributionsAmt |
| Investment Earnings Or Losses | $982,305 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $543,709 | GrantsOrScholarshipsAmt |
| Other Expenditures | $82,180 | OtherExpendituresAmt |
| End Year Balance | $15,896,845 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,993,284 | BeginningYearBalanceAmt |
| Contributions | $6,745 | ContributionsAmt |
| Investment Earnings Or Losses | -$299,648 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $603,842 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,595,123 | OtherExpendituresAmt |
| End Year Balance | $15,501,416 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,954,992 | BeginningYearBalanceAmt |
| Contributions | $90,871 | ContributionsAmt |
| Investment Earnings Or Losses | $779,779 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $747,168 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,085,190 | OtherExpendituresAmt |
| End Year Balance | $18,993,284 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,380,843 | BeginningYearBalanceAmt |
| Contributions | $615,239 | ContributionsAmt |
| Investment Earnings Or Losses | $1,147,018 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $188,108 | GrantsOrScholarshipsAmt |
| End Year Balance | $21,954,992 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,693,045 | BeginningYearBalanceAmt |
| Contributions | $43,955 | ContributionsAmt |
| Investment Earnings Or Losses | $1,001,760 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $616,554 | GrantsOrScholarshipsAmt |
| Other Expenditures | $741,363 | OtherExpendituresAmt |
| End Year Balance | $20,380,843 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01910 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.83870 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.14230 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $329,436 | OtherCostOrOtherBasisAmt |
| Book Value | $329,436 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,863,403 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,397,793 | DepreciationAmt |
| Book Value | $1,465,610 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $496,623 | OtherCostOrOtherBasisAmt |
| Depreciation | $192,099 | DepreciationAmt |
| Book Value | $304,524 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,278,332 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,941,704 | DepreciationAmt |
| Book Value | $336,628 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,436,198 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Scholarships Payable | $10,172,296 |
| Refundable Deposits | $31,197,578 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $41,369,874 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $119,032,526 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,857,323 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $220,628 | OtherRevenueAmt |
| Revenue Not Reported | $5,077,951 | RevenueNotReportedAmt |
| Revenue Subtotal | $113,954,575 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $37,886 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $61,615,614 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $61,653,500 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $175,608,075 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $124,095,313 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $220,628 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $220,628 | ExpensesNotReportedAmt |
| Expenses Subtotal | $123,874,685 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $37,886 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $61,615,614 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $61,653,500 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $185,528,185 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | SCHOLARSHIP AMERICA FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY SCHOLARSHIP AMERICA FOR UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2016 AND 2015. |
| Part XI, Line 2d - Other Adjustments: | Fundraising Expenses 220,628. |
| Part XI, Line 4b - Other Adjustments: | Scholarships without Variance Power 61,615,614. |
| Part XII, Line 2d - Other Adjustments: | Fundraising Expenses 220,628. |
| Part XII, Line 4b - Other Adjustments: | Scholarships without Variance Power 61,615,614. |
| PART V, LINE 4: | Scholarships: Nearly all of Scholarship America's endowment funds are for scholarship programs as specified by the donors. The donor agreements outline any special award criteria concerning geographic location, school, course of study, etc., and whether or not the principal may be used for awards. Dollars for Scholars: Donors have also established small endowments which support operational expenses of the Dollars for Scholars program. |
| Part XI, Line 2d and Part XII, Line 2d: | Fundraising expenses included in net revenue on 990 and on expense schedule on audited financial statements. |
| PART XI, LINE 4B AND PART XII, LINE 4B: | Scholarship contributions and awards over which Scholarship America does not have Variance Power. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| RUSSIA/INDEPENDENT STATES | 0 | 0 | GRANTMAKING | SCHOLARSHIP AWARD | $58,100 |
| SUB-SAHARAN AFRICA | 0 | 0 | GRANTMAKING | SCHOLARSHIP AWARD | $56,250 |
| SOUTH ASIA | 0 | 0 | GRANTMAKING | SCHOLARSHIP AWARD | $370,350 |
| SOUTH AMERICA | 0 | 0 | GRANTMAKING | SCHOLARSHIP AWARD | $431,950 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANTMAKING | SCHOLARSHIP AWARD | $795,380 |
| NORTH AMERICA | 0 | 0 | GRANTMAKING | SCHOLARSHIP AWARD | $2,580,576 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | GRANTMAKING | SCHOLARSHIP AWARD | $153,100 |
| EUROPE | 0 | 0 | GRANTMAKING | SCHOLARSHIP AWARD | $1,259,572 |
| CENTRAL AMERICA/CARIBBEAN | 0 | 0 | GRANTMAKING | SCHOLARSHIP AWARD | $88,190 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $5,705,278 | SubtotalSpentAmt |
| Continuation Spent | $88,190 | ContinuationSpentAmt |
| Total Spent | $5,793,468 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (109 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| EAST ASIA/PACIFIC | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| EAST ASIA/PACIFIC | SCHOLARSHIPS | $5,500 | CHECK OR ET |
| EAST ASIA/PACIFIC | SCHOLARSHIPS | $7,500 | CHECK OR ET |
| South America | SCHOLARSHIPS | $7,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $5,350 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $7,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $10,049 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $5,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $6,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $6,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $29,750 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $6,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $7,600 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $37,850 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $25,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $8,400 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $36,950 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $5,200 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $8,600 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $11,750 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $11,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $15,031 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $38,440 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $15,250 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $5,600 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $78,100 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $95,075 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $19,200 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $15,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $8,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $61,600 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $58,600 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $10,052 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $8,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $32,353 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $12,350 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $6,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $8,250 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $15,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $19,550 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $13,183 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $46,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $238,805 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $6,250 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $40,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $57,130 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $21,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $67,423 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $6,050 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $23,210 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $39,850 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $11,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $10,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $10,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $14,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $112,350 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $21,260 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $9,700 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $25,100 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $167,650 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $26,800 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $6,000 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $40,250 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $53,725 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $6,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $7,250 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $6,114 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $78,253 | CHECK OR ET |
| South America | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $10,000 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $5,500 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $7,000 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $8,750 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $5,220 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $10,750 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $6,300 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $14,250 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $11,050 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $7,000 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $9,500 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $22,500 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $5,000 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $16,700 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $6,750 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $10,500 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $7,250 | CHECK OR ET |
| EUrope/Iceland/Greenland | SCHOLARSHIPS | $13,400 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $5,500 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $30,490 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $9,750 | CHECK OR ET |
| NORTH AMERICA | SCHOLARSHIPS | $13,640 | CHECK OR ET |
| EAST ASIA/PACIFIC | SCHOLARSHIPS | $12,500 | CHECK OR ET |
| EAST ASIA/PACIFIC | SCHOLARSHIPS | $5,500 | CHECK OR ET |
| South America | SCHOLARSHIPS | $8,000 | CHECK OR ET |
| Middle East/North Africa | $9,000 | ||
| NORTH AMERICA | $5,500 | ||
| Middle East/North Africa | $7,000 | ||
| South Asia | $5,600 |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| SCHOLARSHIPS | CENT. AMERICA/CARIBBEAN | 23 | $68,500 | CHECK OR ET |
| SCHOLARSHIPS | EAST ASIA/PACIFIC | 222 | $634,620 | CHECK OR ET |
| SCHOLARSHIPS | EUROPE/ICELAND/GREENLAND | 345 | $878,450 | CHECK OR ET |
| SCHOLARSHIPS | MIDDLE EAST/NORTH AFRICA | 42 | $128,100 | CHECK OR ET |
| SCHOLARSHIPS | NORTH AMERICA | 128 | $356,054 | CHECK OR ET |
| SCHOLARSHIPS | RUSSIA/NEWLY IND. STATES | 25 | $58,100 | CHECK OR ET |
| SCHOLARSHIPS | SOUTH AMERICA | 155 | $395,200 | CHECK OR ET |
| SCHOLARSHIPS | SOUTH ASIA | 108 | $308,050 | CHECK OR ET |
| SCHOLARSHIPS | SUB-SAHARAN AFRICA | 25 | $54,250 | CHECK OR ET |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2: | GRANTS OUTSIDE THE UNITED STATES ARE COMPETITIVELY AWARDED USING THE PROCESS DESCRIBED IN SCHEDULE I, PART I, LINE 2 (GRANTS...IN THE UNITED STATES). IN ADDITION FOR EACH STUDENT SCHOLARSHIP AMERICA OBTAINS A VERIFICTION OF ENROLLMENT. BEFORE PAYMENT THE NAMES OF BENEFICIARIES ARE COMPARED TO THE TREASURY DEPARTMENT, OFFICE OF FOREIGN ASSETS CONTROL, SPECIALLY DESIGNATED NATIONALS LIST TO MAKE SURE THEY ARE NOT ON THAT LIST. |
| PART II, LINE 2: | PAYMENTS TO ORGANIZATIONS OUTSIDE THE UNITED STATES ARE PRIMARILY TO COLLEGES AND UNIVERSITIES. THESE PAYMENTS ULTIMATELY REPRESENT GRANTS TO INDIVIDUAL STUDENTS AWARDED AT THE DISCRETION OF SCHOLARSHIP AMERICA. WHILE SCHOLARSHIP AMERICA KNOWS THE ORGANIZATIONS RECEIVING PAYMENT ARE NOT ON THE OFAC'S SDN LIST, WE ARE UNCERTAIN CONCERNING THE ORGANIZATIONS' CHARITY AND TAX EXEMPT STATUS. BASED ON ALL PUBLIC INFORMATION AVAILABLE, ALL ORGANIZATIONS RECEIVING GRANT PAYMENTS FROM SCHOLARSHIP AMERICA APPEAR TO BE INSTITUTES OF HIGHER EDUCATION CONSISTENT WITH SCHOLARSHIP AMERICA'S EXEMPT PURPOSE. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Award Banquet | Event1Nm |
| Gross Receipts Event1 | $347,691 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $331,706 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $15,985 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $220,628 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $347,691 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $331,706 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $15,985 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $220,628 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $220,628 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$204,643 | NetIncomeSummaryAmt |
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 | GrantTypeTxt |
| Recipient | 86348 | RecipientCnt |
| Cash Grant | $165,931,721 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | Scholarship America was formed to encourage citizen support of higher education including the administration of scholarship programs on behalf of participating corporations, foundations, and individuals. Scholarship America's grants to individuals for study purposes are made in compliance with procedures set forth in the Scholarship America awards kit on file with the IRS. In administering a scholarship program Scholarship America is available to perform the following in determining the recipients: 1. Prepare and furnish application forms (electronic and paper); 2. Receive all application materials directly; 3. Process and evaluate all applications; 4. Determine the recipients and amounts to be awarded; 5. Notify the recipients of their award; 6. Confirm the appropriate employment relationship or program eligibilities are met; 7. Confirm enrollment in a qualified educational institution; 8. Make payment of the award; 9. Supervise and investigate the use of the funds by the recipients in their educational programs. Recipients are determined by Scholarship America utilizing selection criteria based on a detailed analysis of the following candidate information: 1. Scholastic aptitude as measured by performance on a recognized scholastic aptitude test; 2. Scholastic performance measured by rank in class or grade point average; 3. Adult independent appraisal; 4. Work experience, interest, activities, and leadership contributions; 5. Financial need may also be taken into consideration. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| 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 |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Richard Greene | ||||||||||||||
| Chief Financial Officer | $188,360 | $0 | $12,500 | $0 | $0 | $0 | $0 | $0 | $28,712 | $0 | $229,572 | $0 | $0 | $0 |
| Robert Ballard | ||||||||||||||
| President and CEO | $273,125 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $49,407 | $0 | $322,532 | $0 | $0 | $0 |
| Rhianna Quinn Roddy | ||||||||||||||
| Executive Director, FOF | $190,404 | $0 | $5,000 | $0 | $0 | $0 | $0 | $0 | $35,769 | $0 | $231,173 | $0 | $0 | $0 |
| Mary Larson | ||||||||||||||
| Senior VP Mktg and Public | $151,097 | $0 | $0 | $0 | $5,000 | $0 | $0 | $0 | $3,858 | $0 | $159,955 | $0 | $0 | $0 |
| Jennifer Menke | ||||||||||||||
| VP Human Resources | $153,833 | $0 | $7,500 | $0 | $0 | $0 | $0 | $0 | $25,645 | $0 | $186,978 | $0 | $0 | $0 |
| Mike Nylund | ||||||||||||||
| VP of Sales, SMS | $142,429 | $0 | $10,000 | $0 | $0 | $0 | $0 | $0 | $15,615 | $0 | $168,044 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Noncash Contributions Rpt F990 | $159,246 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Column (b): | ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN PART 1, COLUMN (B). |
| Part I, Line 32b: | Scholarship America uses a third party broker to receive stock contributions made to the organization. Additionally, the third party broker disposes of stock contributions in accordance with the organization's policies. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 7a | Scholarship America has an advisory group called the Honor Roll Trustees (HRT's). The HRT Group is comprised of former Board members who have been off the board for at least one year and were subsequently elected by the Board to join this advisory group. The HRT Group elects one of its members to serve a two year term on the Board. The group also serves an advisory role for the President and staff of Scholarship America. |
| Form 990, Part VI, Section B, line 11b | AUDIT COMMITTEE MEETS, REVIEWS, AND APPROVES A DRAFT OF THE FORM 990. THE RESULTS OF THEIR REVIEW ARE THEN SHARED FOR FULL BOARD APPROVAL BEFORE IT IS FILED WITH IRS. |
| Form 990, Part VI, Section B, line 12c | ANNUALLY ALL BOARD MEMBERS AND EMPLOYEES SIGN THE CONFLICT OF INTEREST DISCLOSURE FORM. FORMS ARE REVIEWED BY THE GOVERNANCE COMMITTEE. BASED ON THE RESULTS OF THAT REVIEW AND DISCUSSION WITH THE INVOLVED INDIVIDUAL ANY APPROPRIATE ACTION IS TAKEN. |
| Form 990, Part VI, Section B, line 15 | THE PRESIDENT'S COMPENSATION IS SET BY THE BOARD IN CONJUNCTION WITH THE PRESIDENT'S REVIEW. THE COMPENSATION OF KEY STAFF IS APPROVED BY THE BOARD IN CONJUNCTION WITH THEIR INDIVIDUAL PERFORMANCE REVIEWS AND BASED ON THE RECOMMENDATION FROM THE PRESIDENT. COMPENSATION IS DETERMINED AFTER REVIEWING COMPARABLE COMPENSATION BASED ON SURVEYS AND/OR CONSULTATION WITH OUTSIDE COMPENSATION EXPERTS. COMPENSATION OF ALL OTHER EMPLOYEES IS SET BY MANAGEMENT AND HR DEPARTMENT BASED ON COMPENSATION SURVEYS AND ANNUAL PERFORMANCE REVIEWS. |
| Form 990, Part VI, Section C, line 19 | The annual report, annual audit report, and Form 990 are available to the public on the website. Articles and By-laws are available upon request. The conflict of interest policy is not currently available to the public. |
| Part VIII: Statement of Revenue, Line 1F: | Contributions received and Scholarships awarded include amounts that Scholarship America does not have final variance power over. This reporting is consistent with prior year reporting. |
| Part IX: Statement of Functional Expenses, Line 2: | Contributions received and Scholarships awarded include amounts that Scholarship America does not have final variance power over. This reporting is consistent with prior year reporting. |
| Form 990, Part XII, Line 2c: | NEITHER THE OVERSIGHT PROCESS FOR THE AUDIT OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. |