2013-12-20T14:23:12-06:00 2013-08-31 391173131 SCHENCK SC PO BOX 23819 GREEN BAY WI 543053819 990 2012-09-01 391044089 SCHOLARSHIPS INCORPORATED SCHO 9208569088 2301 RIVERSIDE DRIVE GREEN BAY WI 54301 LORRI CISLER 9205698411 2013-12-19 1 THOMAS L KARMAN P00239197 9204367800 2013-12-19 2012 2015-11-30 17:44:51Z X LORRI CISLER 2301 RIVERSIDE DRIVE GREEN BAY WI 54301 3579779 0 X WWW.SCHOLARSHIPSINC.ORG X 1962 WI SCHOLARSHIPS, INC. IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO ENCOURAGE AND INVEST IN AREA STUDENTS TO SUCCEED IN HIGHER EDUCATION. 10 10 5 60 0 0 866982 587603 19148 10520 172875 314209 -9166 -14532 1049839 897800 361948 414400 0 0 154140 174831 0 0 53832 114519 107030 630607 696261 419232 201539 7494309 7973526 409545 189242 7084764 7784284 X SCHOLARSHIPS, INC. IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO ENCOURAGE AND INVEST IN AREA STUDENTS TO SUCEED IN HIGHER EDUCATION. 0 1 517558 414400 10520 THE ORGANIZATION AWARDS SCHOLARSHIPS TO STUDENTS WHO HAVE ESTABLISHED FINANCIAL NEED AND HAVE DEMONSTRATED ACADEMIC ACHIEVEMENT BASED ON GPA, ACT SCORES, CLASS RANK, COURSE RIGOR, COMMUNITY INVOLVEMENT, LEADERSHIP AND EXTRA CURRICULAR ACTIVITIES. 175 STUDENTS WERE AWARDED SCHOLARSHIPS OUT OF 600 APPLICATIONS RECEIVED, IN ADDITION TO WORKING WITH ORGANIZATIONS AND SCHOOLS TO BETTER PREPARE STUDENTS FOR SCHOLARSHIPS. THE OBJECT OF OUR ACTIVITIES IS TO PROVIDE COACHING ON PREPARING FOR SCHOLARSHIPS SO THAT WE HAVE THE BEST QUALIFIED APPLICANTS, AS WELL AS SHOWING THEM THE COMPONENTS OF A QUALITY EDUCATION. 517558 1 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 5 1 0 0 0 0 0 1 1 0 0 0 0 X 10 10 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 WI X JOANNE ANGELI 9208569088 2301 RIVERSIDE DRIVE GREEN BAY WI 54301 LORRI CISLER 2.00 X X 0 0 0 DIANE LIEBMANN 2.00 X X 0 0 0 KATHY SCHMIDT 2.00 X X 0 0 0 JULIA WALLACE 2.00 X X 0 0 0 PATTI CLIFFORD 1.00 X 0 0 0 KARI BACHER 1.00 X 0 0 0 TERESA BRAY 1.00 X 0 0 0 HEIDI RADISH 1.00 X 0 0 0 ELAINE WAGNER 1.00 X 0 0 0 DEBORAH VANDYK 1.00 X 0 0 0 MICHELLE MCKINNON 1.00 X 0 0 0 GISELLE SIMONS 1.00 X 0 0 0 JOANNE ANGELI 40.00 X 93462 0 18953 93462 0 18953 0 0 0 0 0 71375 516228 587603 ADMINISTRATIVE FEES 611710 10520 10520 10520 138548 138548 2833301 2657640 175661 175661 175661 9804 71375 24339 -14535 -14535 OTHER 611710 3 3 3 897800 10520 0 299677 414400 414400 124140 43774 40429 39937 33562 28179 4486 897 6047 2758 1723 1566 11082 5054 3158 2870 7000 7000 36224 36224 17200 10320 6880 1219 1219 11183 3976 3604 3603 10800 4925 3078 2797 6451 3225 3226 12076 12076 2834 947 944 943 MISCELLANEOUS 2043 2043 696261 517558 124871 53832 4730 44803 491576 63088 1500 42250 1337 8005 15524 8317 5901 7207 6151872 6937176 834982 869853 2411 1144 7494309 7973526 10362 4224 262215 32050 136968 152968 409545 189242 X 5337494 5977037 912288 937394 834982 869853 7084764 7784284 7494309 7973526 201539 497981 0 X X 0 1 X 1 0 X 216665 196610 201245 866982 587603 2069105 216665 196610 201245 866982 587603 2069105 733688 1335417 137446 154974 252297 71514 138548 754779 -2697 -2697 375 209 10 261 3 858 2822045 73518 0.47320 0.39940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 6770 1897 4873 8754 6420 2334 7207 BENEFICIAL INTEREST IN IRREVOCABLE TRUST 869853 F 869853 1398846 497981 14950 24339 537270 861576 36224 36224 897800 699326 14950 24339 39289 660037 36224 36224 696261 PART IV, LINE 2B: SCHOLARSHIPS INCORPORATED HAS AN AGENCY RELATIONSHIP WITH SEVERAL ORGANIZATIONS WHEREBY SCHOLARSHIPS INCORPORATED RECEIVES DONATIONS AND PAYS OUT SCHOLARSHIPS ON BEHALF OF THESE ORGANIZATIONS. SCHOLARSHIPS INCORPORATED RECEIVES ADMINISTRATIVE FEES FROM THESE ORGANIZATIONS FOR HANDLING THESE FUNDS FOR THEM. ALL REVENUES AND EXPENSES ARE REPORTED IN A FISCAL AGENCY LIABILITY ACCOUNT. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 24339. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 24339. LAMP OF KNOWLEDGE 76179 66375 9804 12512 3250 3512 I AM YOUR NEIGHBOR 5000 5000 5000 65 81179 71375 9804 12512 8250 3577 24339 -14535 1 SCHOLARSHIPS 290 414400 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: VERIFICATION OF BUDGETED AMOUNTS TO ACTUAL AS WELL AS FINANCE COMMITTEE OVERSIGHT. CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 THE ORGANIZATION HAS BEGUN IMPLEMENTING A NEW COLLEGE READINESS PROGRAM THAT WILL BEGIN AUGUST 2014 WITH 6TH GRADERS FROM EDISON AND WASHINGTON MIDDLE SCHOOLS. FORM 990, PART VI, SECTION A, LINE 4 BY-LAW REVISION - ITEMS CHANGED INCLUDE: 1) CHANGED THE BOARD SIZE FROM 15-20 TO 7-15; 2) REMOVED THE DOOR COUNTY DIVISION; 3) MEETINGS WERE DEFINED BY MONTH AND NOW STATE THAT THEY MEET AT LEAST 5 TIMES PER YEAR; 4) THE PUBLIC RELATIONS COMMITTEE WAS FOLDED INTO THE DEVELOPMENT COMMITTEE RESPONSIBILITIES; 5) A PROGRAM COMMITTEE WAS CREATED TO OVERSEE THE COLLEGE READINESS PROGRAM. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS INITIALLY REVIEWED BY THE PRESIDENT AND TREASURER, AND THEN IT IS PRESENTED TO THE ENTIRE BOARD IN DRAFT FORM AT THE ANNUAL MEETING IN NOVEMBER. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED EACH YEAR BY ALL BOARD MEMBERS AND EACH MEMBER SIGNS THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS COMPARABLE DATA FROM VARIOUS SOURCES INCLUDING COMPENSATION OF SIMILAR ORGANIZATIONS AND MAKES THEIR DETERMINATION FROM THERE. PERFORMANCE IS ALSO USED TO DETERMINE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR THE PROCESS USED TO SELECT AN INDEPENDENT ACCOUNTANT.