SCHOLARSHIP FUND OF ALEXANDRIA: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SCHOLARSHIP FUND OF ALEXANDRIA (EIN 20-0031464)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-02
- IRS object ID
- 201411229349300521
- Schema version
- 2012v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-02T09:16:26-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 753218994 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JONES & MCINTYRE PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6225 BRANDON AVENUE SUITE 307 | AddressLine1 |
| City | SPRINGFIELD | City |
| State | VA | State |
| ZIP Code | 22150 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200031464 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SCHOLARSHIP FUND OF ALEXANDRIA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SCHO | NameControl |
| Phone | 7038246730 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3330 KING STREET | AddressLine1 |
| City | ALEXANDRIA | City |
| State | VA | State |
| ZIP Code | 22302 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRUCE JOHNSON | Name |
| Title | TREASURER | Title |
| Phone | 7038246730 | Phone |
| Date Signed | 2014-05-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LINDA D MCINTYRE | Name |
| PTIN | P00048561 | PTIN |
| Phone | 7038664500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BETH LOVAIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3330 KING STREET | AddressLine1 |
| City | ALEXANDRIA | City |
| State | VA | State |
| ZIP Code | 22302 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1159198 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ALEXSCHOLARSHIPFUND.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2002 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | TO AWARD POST-SECONDARY EDUCATION SCHOLARSHIPS TO GRADUATES OF TC WILLIAMS HIGH SCHOOL. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2 | TotalNbrEmployees |
| Total Nbr Volunteers | 450 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 887312 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 959882 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 78118 | InvestmentIncomePriorYear |
| Investment Income Current Year | 95214 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 7320 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 972750 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1055096 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 790962 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 800717 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 57616 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 57061 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 39516 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 43827 | OtherExpensePriorYear |
| Other Expenses Current Year | 64770 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 892405 | TotalExpensesPriorYear |
| Total Expenses Current Year | 922548 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 80345 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 132548 | RevenuesLessExpensesCY |
| Total Assets BOY | 3832119 | TotalAssetsBOY |
| Total Assets EOY | 4266976 | TotalAssetsEOY |
| Total Liabilities BOY | 158240 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 167378 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3673879 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4099598 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 845170 | Expense |
| Grants | 800717 | Grants |
| Description | THE SCHOLARSHIP FUND OF ALEXANDRIA PROVIDES FINANCIAL AID ADVICE TO ALEXANDRIA STUDENTS AND THEIR FAMILIES AND ASSISTS THEM IN ACCESSING FEDERAL, STATE, INSTITUTIONAL AND PRIVATE FINANCIAL AID FOR HIGHER EDUCATION. THE FUND AWARDS SCHOLARSHIPS AND RENEWAL AWARDS TO QUALIFIED GRADUATES OF ALEXANDRIA CITY PUBLIC SCHOOLS TO ATTEND ACCREDITED COLLEGES AND UNIVERSITIES, COMMUNITY COLLEGES AND CAREER SCHOOLS. OVER THE PAST 26 YEARS THE FUND HAS AWARDED NEARLY $10 MILLION IN SCHOLARSHIPS TO 3,900 ALEXANDRIA STUDENTS. IN FY 2013 THE FUND AWARDED FIRST-YEAR SCHOLARSHIPS TO 180 STUDENTS AND RENEWAL AWARDS TO 233 STUDENTS. THE FUND ADMINISTERED 10 FIRST YEAR SCHOLARSHIPS AND 26 RENEWAL AWARDS FROM THE SAMUEL L. POWELL TRUST. SFA HOSTS FINANCIAL AID WORKSHOPS, FAFSA SUPER SATURDAYS AND PROMOTES EARLY AWARENESS FOR ELEMENTARY AND MIDDLE SCHOOL STUDENTS AND THEIR FAMILIES. | Description |
| Total Program Service Expense | 845170 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 1 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 1 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BETH LOVAIN EXECUTIVE DIRECTOR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7038246730 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3330 KING STREET | AddressLine1 |
| City | ALEXANDRIA | City |
| State | VA | State |
| ZIP Code | 22302 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| M CATHARINE PUSKAR | ||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| DWIGHT DUNTON | ||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| DEBRA L RAGGIO | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| CINDY ANDERSON | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| SINDY BENAVIDES | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KATHY CONRAD | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KERRY J DONLEY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MICAELA M JONES | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JOHN F LEARY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| SUSAN YOWELL | ||||||
| FORMER EXECUTIVE DIRECTOR | 40.00 | X | X | 0 | 0 | 0 |
| JEFFREY J MCQUILKIN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ERICKA MILLER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| TODD SANDOZ | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ARTHUR E SCHMALZ | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| TERESE WILSON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DR MORTON SHERMAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| BRUCE JOHNSON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 1 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Federated Campaigns | 13235 | FederatedCampaigns |
| Fundraising Events | 447496 | FundraisingEvents |
| All Other Contributions | 499151 | AllOtherContributions |
| Total Contributions | 959882 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 95214 | TotalRevenueColumn |
| Exclusion | $95,214 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 34102 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 447496 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 79102 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -45000 | TotalRevenueColumn |
| Exclusion | -$45,000 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 70000 | GrossIncomeGaming |
| Gaming Direct Expenses | 25000 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 45000 | TotalRevenueColumn |
| Exclusion | $45,000 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1055096 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $95,214 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 800717 | Total |
| Program Services | 800717 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52932 | Total |
| Program Services | 35238 | ProgramServices |
| Management And General | 5635 | ManagementAndGeneral |
| Fundraising | 12059 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4129 | Total |
| Program Services | 2752 | ProgramServices |
| Management And General | 438 | ManagementAndGeneral |
| Fundraising | 939 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13860 | Total |
| Management And General | 13860 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3623 | Total |
| Program Services | 965 | ProgramServices |
| Management And General | 2658 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6977 | Total |
| Program Services | 4487 | ProgramServices |
| Management And General | 2490 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 544 | Total |
| Fundraising | 544 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16203 | Total |
| Program Services | 1011 | ProgramServices |
| Management And General | 7915 | ManagementAndGeneral |
| Fundraising | 7277 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1475 | Total |
| Management And General | 1475 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3356 | Total |
| Management And General | 3356 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| SPECIAL EVENTS COSTS | 17687 | 17687 | |
| MISCELLANEOUS | 1045 | 1010 | 35 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 922548 | Total |
| Program Services | 845170 | ProgramServices |
| Management And General | 37862 | ManagementAndGeneral |
| Fundraising | 39516 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88462 | BOY |
| EOY | 40836 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 909686 | BOY |
| EOY | 1024773 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6050 | BOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12600 | BOY |
| EOY | 3500 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 5795 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4297 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2280 | BOY |
| EOY | 1498 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2813041 | BOY |
| EOY | 3196369 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3832119 | BOY |
| EOY | 4266976 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1164 | BOY |
| EOY | 869 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 157076 | BOY |
| EOY | 166509 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 158240 | BOY |
| EOY | 167378 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3526768 | BOY |
| EOY | 3948338 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14786 | BOY |
| EOY | 18935 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132325 | BOY |
| EOY | 132325 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3673879 | BOY |
| EOY | 4099598 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3832119 | BOY |
| EOY | 4266976 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 132548 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 293171 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 943297 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 960685 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 848898 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 862312 | CurrentTaxYearMinus1Year |
| Current Tax Year | 959882 | CurrentTaxYear |
| Total | 4575074 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 75833 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 78072 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 74160 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 74834 | CurrentTaxYearMinus1Year |
| Current Tax Year | 84072 | CurrentTaxYear |
| Total | 386971 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1019130 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1038757 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 923058 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 937146 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1043954 | CurrentTaxYear |
| Total | 4962045 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 907881 | AmountsSubstContributorsTotal |
| Public Support Total170 | 4054164 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 77503 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 62243 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 64423 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 78118 | CurrentTaxYearMinus1Year |
| Current Tax Year | 95214 | CurrentTaxYear |
| Total | 377501 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 5339546 | TotalSupport |
| Public Support Pertcentage170 | 0.75930 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.73570 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 813736 | BeginningOfYearBalance |
| Contributions | 40000 | Contributions |
| Investment Earnings Or Losses | 15163 | InvestmentEarningsOrLosses |
| Other Expenditures | 11014 | OtherExpenditures |
| End Of Year Balance | 857885 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 810043 | BeginningOfYearBalance |
| Contributions | 6000 | Contributions |
| Investment Earnings Or Losses | 2053 | InvestmentEarningsOrLosses |
| Other Expenditures | 4360 | OtherExpenditures |
| End Of Year Balance | 813736 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 723513 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 99498 | InvestmentEarningsOrLosses |
| Other Expenditures | 12968 | OtherExpenditures |
| End Of Year Balance | 810043 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 722417 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 53440 | InvestmentEarningsOrLosses |
| Other Expenditures | 52344 | OtherExpenditures |
| End Of Year Balance | 723513 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 743650 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -125898 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 104665 | GrantsOrScholarships |
| End Of Year Balance | 722417 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.82000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.15000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5795 | OtherCostOrOtherBasis |
| Depreciation | 4297 | Depreciation |
| Book Value | 1498 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1498 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EQUITY MUTUAL FUNDS | Description |
| Book Value | 3196369 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 3196369 | TotalOfBookValueSecurities |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 1492068 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 293171 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 143801 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 436972 | RevenueNotRptdF990 |
| Revenue Subtotal | 1055096 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1055096 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1066349 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 143801 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 143801 | ExpensesNotRptdF990 |
| Expenses Subtotal | 922548 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 922548 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | 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. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | 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
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 320188 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 248818 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 71370 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 57279 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 3750 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 10341 | OtherDirectExpensesEvent1 |
| Name Of Event2 | TELETHON | NameOfEvent2 |
| Gross Receipts Event2 | 102813 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 102813 | CharitableContributionsEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 33597 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 25864 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 7733 | GrossRevenueOtherEvents |
| Food And Beverage Other Events | 2565 | FoodAndBeverageOtherEvents |
| Other Direct Expenses Other Events | 5168 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 456598 | GrossReceiptsTotal |
| Charitable Contributions Total | 377495 | CharitableContributionsTotal |
| Gross Revenue Total Events | 79103 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 59844 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 3750 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 15509 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 79103 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | 70000 | GrossRevenueOtherGaming |
| Cash Prizes Other Gaming | 25000 | CashPrizesOtherGaming |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGaming |
| Gross Revenue Total Gaming | 70000 | GrossRevenueTotalGaming |
| Cash Prizes Total Gaming | 25000 | CashPrizesTotalGaming |
| Direct Expense Summary Gaming | 25000 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 45000 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | VA | StatesWhereGamingConducted |
| Licensed | 1 | Licensed |
| License Suspended Etc | 0 | LicenseSuspendedEtc |
| Gaming With Nonmembers | 1 | GamingWithNonmembers |
| Member Of Other Entity | 0 | MemberOfOtherEntity |
| Percentage Of Gaming Othr Facility | 1.00000 | PercentageOfGamingOthrFacility |
Name Of Gaming Rec Keeper Bus NameOfGamingRecKeeperBus
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SCHOLARSHIP FUND OF ALEXANDRIA | BusinessNameLine1 |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3330 KING STREET | AddressLine1 |
| City | ALEXANDRIA | City |
| State | VA | State |
| ZIP Code | 22302 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | 0 | ContractWith3rdPartyForGamRev |
| Gaming Manager Name Person | SUSAN D YOWELL FORMER EX DIRECTO | GamingManagerNamePerson |
| Gaming Manager Services Provided | OVERSEES MANAGEMENT AND REPORTING OF THE EVENT AS PART OF HER JOB RESPONSIBILTIES. | GamingManagerServicesProvided |
| Gaming Manager Is Director Officer | X | GamingManagerIsDirectorOfficer |
| Charitable Distrib Required | 1 | CharitableDistribRequired |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS AND RENEWAL AWARDS TO QUALIFIED GRADUATES OF THE ALEXANDRIA CITY PUBLIC SCHOOLS TO ATTEND ACCREDITED COLLEGES, UNIVERSITIES, COMMUNITY COLLEGES AND CAREER SCHOOLS. | TypeOfGrant |
| Number Of Recipients | 413 | NumberOfRecipients |
| Amount Of Cash Grant | 800717 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | THE EXECUTIVE DIRECTOR IS PAID BY ALEXANDRIA CITY PUBLIC SCHOOLS FOR SERVICES RENDERED TO SFA. HER SALARY IS TREATED AS SERVICES DONATED TO SFA. THE VALUE OF THE DONATED SERVICES ARE ESTIMATED AT $53,514. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | 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. |