2025-11-11T12:22:53-07:00 2025-06-30 990 2024-07-01 561761842 ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION ASHE 3366255104 PO Box 1103 Asheboro NC 27204 Kristen Wright Treasurer 3366255104 2025-11-11 1 2024 2025-03-06 01:10:19Z Kristen Wright 1126 South Park Street Asheboro NC 27203 64452 0 X X Foundation 1991 NC To provide continuing support of Asheboro City Schools and its educational programs and provide philanthropic opportunities allowing donors to make gifts which will improve the quality of education for students in the Asheboro City Schools. 9 9 0 9 0 0 71864 38059 0 0 22912 26393 0 0 94776 64452 37050 63090 0 0 0 0 0 0 0 16191 18922 53241 82012 41535 -17560 986347 1013267 0 0 986347 1013267 X To award scholarships to seniors graduating from Asheboro High School and attending institutions of higher learning. Also to provide a conduit for public donations that are intended to be paid to Asheboro City Schools for upgrades of facilities and supplementation of educational programs. 0 0 38500 38500 26393 The Asheboro City Schools Education Foundation receives monetary donations from the public and uses them to award scholarships to seniors from Asheboro High School who are attending institutions of higher learning upon graduation. For the year ending June 30, 2025, the Asheboro City Schools Education Foundation awarded scholarships to 27 seniors (paid directly to their respective institutions of higher learning) totaling $38,500. 15000 15000 0 The Asheboro City Schools Education Foundation accepted a donation in the amount of $15,000 that was intended to be used for improvements to the athletic track at South Asheboro Middle School. 9590 9590 0 The Asheboro City Schools Education Foundation accepted a donation in the amount of $9,590 that was intended to be used to fund internship opportunities in the medical field for Asheboro High School students. 0 0 0 63090 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X Kristen Wright 3366255104 PO Box 1103 Asheboro NC 27204 X Carla Freemyer Member at Large 2 0 X 0 0 0 Carle Hall Member at Large 0.25 0 X 0 0 0 Sam Ramsey Member at Large 0.25 0 X 0 0 0 Janice Kite Member at Large 0.25 0 X 0 0 0 Kathryn Lail Member at Large 0.25 0 X 0 0 0 Sandra Spivey Vice President 0.5 0 X 0 0 0 Aaron Woody President 0.25 0 X 0 0 0 Kristen Wright Treasurer 3 0 X 0 0 0 Chandra Manning Secretary 2 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38059 0 38059 0 0 0 0 0 26393 26393 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 64452 26393 0 0 24590 24590 38500 38500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18922 0 18922 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 82012 63090 18922 0 419180 394149 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 567167 619118 0 0 0 0 0 0 0 0 986347 1013267 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 48047 49347 938300 963920 986347 1013267 986347 1013267 -17560 44480 0 0 0 0 X 0 0 0 X 78593 55545 233186 71864 38059 477247 0 0 0 0 0 0 0 0 0 0 0 0 78593 55545 233186 71864 38059 477247 208443 268804 16339 14947 18388 22912 26393 98979 0 0 0 0 0 0 0 0 0 0 0 0 576226 0 0.46649 0.53147 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 986347 38059 51951 63090 0 0 1013267 878983 71864 72550 37050 0 0 986347 655638 233186 60761 70602 0 0 878983 690325 55545 -66182 24050 0 0 655638 544980 78593 89002 22250 0 0 690325 0 0.89 0.11 0 0 Schedule D, Part V, Line 4 To award scholarships to seniors graduating from Asheboro High School and attending institutions of higher learning. Also, to provide a platform for public donations to upgrade facilities and/or programs at Asheboro City Schools. 1 Asheboro City Schools 1126 South Park Street Asheboro NC 27203 566000989 170(b)(1)(A)(ii) 24590 0 Schedule I, Part II, Line 1 - The Asheboro City Schools Education Foundation received two donations (one in the amount of $15,000, and one in the $9590). The $15,000 donation was for improvements at the South Asheboro Middle School Athletic Track. The $9,590 donation was for medical internship opportunities for Asheboro High School Students. 0 1 Schedule I, Part III, Line 1 - Scholarships for students attending college were awarded to 27 Asheboro High School Students. The total amount of all awards was $38,500. Scholarships are awarded based on fund balances for each scholarship prior to the date of scholarship interviews. The Treasurer recommends an award amount for each scholarship, and the Board approves that amount, or makes a different recommendation. Also, students must apply for the scholarships, completing an application and getting required recommendations. Students are then called before the Board for interviews, and the Board selects the best candidate for each scholarship based upon the application and interviews. 27 38500 0 Schedule I, Part I, Line 2 Students are required to complete a scholarship application and the Asheboro City Schools Education Foundation Board members interview each applicant after reviewing the applications. Candidates are matched with the appropriate scholarships based in the criteria established at the inception of the scholarship. Scholarship checks are made out directly to the college after students submit documentation showing proof of acceptance and student ID. Student name and ID number are referenced in the memo line of the check. Monthly bank reconciliations are completed to ensure that checks were received and cashed by colleges. When donations are given for facilities or programs, the donation is deposited and receipted to the donor, and a check is written to Asheboro City Schools in the amount donated. Asheboro City Schools deposits the check to the appropriate budget line for the facility upgrade or program support. Form 990, Part III, Line 4a The following scholarships (totaling $38,500) were paid during the period 7/1/2024-6/30/2025: (Checks #1795-1809/Dated 7/1/2024) CK#1795 - Scholarship: Laura Lisk Memorial Scholarship - Recipient: Carlisle Dozier - Amount: $1,000; CK#1796 - Scholarships: The Derek Kesler Scholarship & Class of 1972 Memorial Scholarship - Recipient: Jean Brou - Amount: $2,000; CK#1797 - Scholarship: The T. Henry Redding Scholarship for Achievement - Recipient: Kimberly Soto - Amount: $1,000; CK#1798 - Scholarship: The William H. Redding Scholarship for Excellence - Recipient: Isaac Martinez-Aguirre - Amount: $1,000; CK#1799 - Scholarships: The Diane L. Frost Centennial Scholarship & Diana Burge Scholarship Award in English - Recipient: Ellen Long - Amount: $1,500; CK#1800 - Scholarship: Frank Barham Mathematics Scholarship - Recipient: Omar Romero Jimenez - Amount: $500; CK#1801 - Scholarship: Cone Health Scholarship - Recipient: Carolina Castro-Perez - Amount: $2,000; CK#1802 - Scholarships: C. Reitzel Smith Memorial Scholarship, Pam Hill Scholarship, & Mildred Chrisco Business Scholarship - Recipient: Ashley Romero - Amount: $1,500; CK#1803 - Scholarship: The Brooke Upchurch Phillips Scholarship - Recipient: Keyva Lilly - Amount: $1,000; CK#1804 - Scholarships: The Diane L. Frost Centennial Scholarship & The Richard Harrington Scholarship - Recipient: Meghan Prochnau - Amount: $1,500; CK#1805 - Scholarships: The Diane L. Frost Centennial Scholarship & The Dr. Gurdial and Mrs. Surinder Wahla Scholarship - Recipient: Kyla Woody - Amount: $1,500; CK#1806 - Scholarship: Kathryn Cherry Needham Memorial Scholarship - Recipient: Patrick Piansay - Amount: $1,000; CK#1807 - Scholarship: Lisa Robertson Memorial Scholarship - Recipient: Addison Allen - Amount: $1,000; CK#1808 - Scholarship: Shann Redding Scholarship for Excellence - Recipient: Valeria Perdomo Osorio - Amount: $1000; CK#1809 - Scholarship: Allen Tate Scholarship -Recipient: Emma Dobbins - Amount: $500; (Check #1810/Dated 7/8/2024) CK#1810 - Scholarships: Lee J. Stone Scholarship & Eddie Luck Memorial Scholarship - Recipient: Amare Godwin - Amount: $2500; (Checks #1811-1814/Dated 7/16/2024) CK#1811 - Scholarship: Curt Lorimer Memorial Scholarship - Recipient: Emilee Shackelford - Amount: $1000; CK#1812 - Scholarship: Richard Morgan Scholarship - Recipient: Stephanie Eusebio - Amount: $500; CK#1813 - Scholarships: The Sam Ramsey Chick-Fil-A Legacy Scholarship & Christine Fennell Scholarship - Recipient: George Wilson - Amount: $1500; CK#1814 - Scholarships: Katie Bunch Servant Leader Scholarship & Charles Spivey Memorial Scholarship - Recipient: David Blanno Martinez - Amount: $3000; (Checks #1815-1816/Dated 7/18/2024) CK#1815 - Scholarship: Ruby B. Smith Memorial Scholarship - Recipient: Alan Alcantara Martinez - Amount: $2000; CK#1816 - Scholarship: Katie Bunch Servant Leader Scholarship - Recipient: Haylee Espinosa-Fuentes - Amount: $2000; (Check #1817/Dated 7/24/2024) CK#1817 - Scholarships: Joyce Harrington Scholarship of Excellence & Allen Tate Scholarship - Recipient: Tyler Smith - Amount: $1000; (Check #1818/Dated 7/30/2024) CK#1818 - Scholarships: The Dr. Bob W. Gordon Scholarship & Ida Ruth Alman Memorial Scholarship - Recipient: Jada Butts - Amount: $2000; (Check #1819/Dated 7/31/2024) CK#1819 - Scholarship: The JB & Claire Davis Scholarship of Excellence - Recipient: Elizabeth Pavon-Zagada - Amount: $1000; (Check #1820/Dated 8/14/2024) CK#1820 - Scholarship: The T. Henry Redding for Achievement - Recipient: Victoria Rodriguez - Amount: $3000; (Check #1821/Dated 10/29/2024) CK#1821 - Scholarship: The T. Henry Redding for Achievement - Recipient: Stephanie Cantu - Amount: $1000. Form 990, Part III, Line 4b The Asheboro City Schools Education Foundation paid $15,000 to Asheboro City Schools on 6/25/25. This payment was a pass-through of funding from a community member who made the $15,000 donation for the intended purpose of improving the sidewalks around the athletic track at South Asheboro Middle School, as the athletic track is also used by the citizens of the city of Asheboro for exercise and recreational purposes. Form 990, Part III, Line 4c The Asheboro City Schools Education Foundation paid $9,590 to Asheboro City Schools on 6/25/2025. This payment was a pass-through of funding from Cone Health Hospital who made the donation in the amount of $9,590 with the intent that the money be used to fund a medical internship program at Asheboro High School for students attending said school. Form 990, Part VI, Section B, Line 11b The 990 (or 990EZ) and all corresponding schedules are completed by the Treasurer for the Asheboro City Schools Education Foundation and reviewed by the Vice President (both are voluntary positions, but holders of both offices must have an accounting background). The 990 (or 990EZ) is made available to other Board members and the general public upon request. Form 990, Part VI, Section C, Line 19 Governing Documents and Financial Statements for the Asheboro City Schools Education Foundation are made available to the public upon written request.