Civic Intelligence

Brunswick Area Student Aid Fund

990 • Fiscal year 2025 • EIN 01-6014861

Jul 01, 2024 to Jun 30, 2025 • Filed on Oct 09, 2025

PO Box 867Brunswick, ME 04011-0867

(207) 772-1981

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

76th percentile

19%

Higher net margin than 76% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

66th percentile

8.8%

Faster asset growth than 66% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

25th percentile

-5.9%

Faster revenue growth than 25% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$8,369,320

Up $676,062 (+8.8%) from 2024

Net Assets

Up

$8,369,320

Up $676,062 (+8.8%) from 2024

Liabilities

Flat

$0

Flat from 2024

Revenue

Down

$750,970

Down $47,068 (-5.9%) from 2024

Expenses

Up

$605,228

Up $72,641 (+14%) from 2024

Net Income

Down

$145,742

Down $119,709 (-45%) from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $1,586,508Liabilities 2011: $0Net Assets 2011: $1,586,5082011Assets 2012: $1,605,007Liabilities 2012: $0Net Assets 2012: $1,605,0072012Assets 2013: $3,756,183Liabilities 2013: $0Net Assets 2013: $3,756,1832013Assets 2014: $4,306,281Liabilities 2014: $0Net Assets 2014: $4,306,2812014Assets 2015: $4,480,910Liabilities 2015: $0Net Assets 2015: $4,480,9102015Assets 2016: $4,490,361Liabilities 2016: $0Net Assets 2016: $4,490,3612016Assets 2017: $4,814,943Liabilities 2017: $0Net Assets 2017: $4,814,9432017Assets 2018: $4,979,494Liabilities 2018: $0Net Assets 2018: $4,979,4942018Assets 2019: $5,919,835Liabilities 2019: $0Net Assets 2019: $5,919,8352019Assets 2020: $5,729,909Liabilities 2020: $0Net Assets 2020: $5,729,9092020Assets 2021: $7,200,359Liabilities 2021: $0Net Assets 2021: $7,200,3592021Assets 2022: $6,464,596Liabilities 2022: $0Net Assets 2022: $6,464,5962022Assets 2023: $6,833,667Liabilities 2023: $0Net Assets 2023: $6,833,6672023Assets 2024: $7,693,258Liabilities 2024: $0Net Assets 2024: $7,693,2582024Assets 2025: $8,369,320Liabilities 2025: $0Net Assets 2025: $8,369,3202025

Highlighted filing

2025

Assets$8,369,320
Liabilities$0
Net Assets$8,369,320

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $180,166Expenses 2011: $204,808Net Income 2011: -$24,6422011Expenses 2012: $235,8882012Revenue 2013: $2,324,255Expenses 2013: $263,288Net Income 2013: $2,060,9672013Revenue 2014: $386,560Expenses 2014: $310,375Net Income 2014: $76,1852014Revenue 2015: $636,799Expenses 2015: $352,716Net Income 2015: $284,0832015Revenue 2016: $423,812Expenses 2016: $396,970Net Income 2016: $26,8422016Revenue 2017: $483,508Expenses 2017: $394,831Net Income 2017: $88,6772017Revenue 2018: $439,975Expenses 2018: $395,408Net Income 2018: $44,5672018Revenue 2019: $1,105,642Expenses 2019: $411,750Net Income 2019: $693,8922019Revenue 2020: $453,466Expenses 2020: $426,717Net Income 2020: $26,7492020Revenue 2021: $495,309Expenses 2021: $438,048Net Income 2021: $57,2612021Revenue 2022: $634,763Expenses 2022: $448,538Net Income 2022: $186,2252022Revenue 2023: $581,509Expenses 2023: $540,320Net Income 2023: $41,1892023Revenue 2024: $798,038Expenses 2024: $532,587Net Income 2024: $265,4512024Revenue 2025: $750,970Expenses 2025: $605,228Net Income 2025: $145,7422025

Highlighted filing

2025

Revenue$750,970
Expenses$605,228
Net Income$145,742
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 9, 2025
Return Version
2024v5.2
Gross Receipts
$1,110,757
Mission and Program Overview

Mission

To award post-secondary scholarships to worthy students and to give support to k-12 students who might need eyeglasses, dental care or clothing to participate effectively in school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$7,693,258$8,369,320▲ $676,062
Investments in Publicly Traded Securities$7,682,632$8,343,218▲ $660,586
Savings and Temporary Cash Investments$10,626$26,102▲ $15,476
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$7,693,258$8,369,320▲ $676,062
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,693,258$8,369,320▲ $676,062
Total Liabilities and Net Assets / Fund Balance$7,693,258$8,369,320▲ $676,062

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$7,682,632$172,923▲ $782,663-$8,343,218
2023$6,814,840$360,368▲ $770,424-$7,682,632
2022$6,424,587$93,700▲ $514,553-$6,814,840
2021$7,153,457$101,228▼ $657,098-$6,424,587
2020$5,676,448$62,308▲ $1,597,701-$7,153,457
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$498,086
Program Service Revenue
$0
Investment Income
$252,884
Other Revenue
$0
All Other Contributions
$498,086
Change in Net Assets
$145,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$590,635
Other Expenses$14,593
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$590,635--$590,635
Fees for Services Accounting-$6,358-$6,358
Advertising-$5,423-$5,423
Insurance-$1,479-$1,479
Office Expenses-$1,333-$1,333
Total Functional Expenses$590,635$14,593$0$605,228
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Michelle whitney and marie whitney have a family relationship.

Form 990, Part VI, Section B, Line 11B

Line 11a explanation - a complete copy of form 990 is initially reviewed by the treasurer and any noted changes are made. A complete copy of form 990 is then provided to the fund's finance committee, and any noted changes are made. Finally, a complete copy of form 990 is provided to all members of the governing body, after which the treasurer executes the required form for filing the return with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The fund has established a written conflict of interest policy. Directors are required to annually disclose any known potential conflicts of interest by execution of a conflict of interest policy document. The fund maintains the executed documents in its files. The board of directors is to discuss the conflict of interest policy no less frequently than annually at the october board of directors meeting. In order to avoid conflicts of interest in the awarding of scholarships, the eligibility and selections process shall be blind and designed to eliminate the opportunity for a conflict.

Form 990, Part VI, Section B, Line 15

The organization does not compensate any board members or officers.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available in response to specific requests from the public.

Filing and Contact Details

Filer

Filer Name
Brunswick Area Student Aid Fund
EIN
01-6014861
Phone
2077721981
Address
PO BOX 867, BRUNSWICK, ME 04011-0867

Signing Officer

Name
Dan Doiron
Title
Treasurer
Phone
2077721981
Signed
2025-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marie Whitney
Formed
1956
Legal Domicile
Me
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
19

Preparer

Firm
Wipfli Advisory LLC
Address
30 LONG CREEK DRIVE, SOUTH PORTLAND, ME 04106-2437
Preparer
Patrick Nicholas CPA
Phone
2077745701
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The organization's endowment funds are used to generate investment returns which are spent in the furtherance of the organization's mission and exempt purposes.

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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO AWARD POST-SECONDARY SCHOLARSHIPS TO WORTHY STUDENTS AND TO GIVE SUPPORT TO K-12 STUDENTS WHO MIGHT NEED EYEGLASSES, DENTAL CARE OR CLOTHING TO PARTICIPATE EFFECTIVELY IN SCHOOL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07693258
IRS990/NetAssetsOrFundBalancesEOYAmt08369320
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt080079
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt080079
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0530320
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01333
IRS990/OfficeExpensesGrp/TotalAmt01333
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARIE WHITNEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0621721
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0519176
IRS990/PYInvestmentIncomeAmt0176317
IRS990/PYOtherExpensesAmt013411
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0265451
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0532587
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0798038
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0145742
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07693258
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08369320
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010626
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026102
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: CASH RECEIVED DATE: 06/30/25 AMOUNT: 400000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt098085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt075721
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt048793
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0104814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt056551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0383964
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0172805
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0155350
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0122513
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0106868
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0105489
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0663025
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.35360
IRS990ScheduleA/PublicSupportPY170Pct00.34010
IRS990ScheduleA/PublicSupportTotal170Amt0370242
IRS990ScheduleA/SubstantialContributorsTotAmt013722
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt098085
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt075721
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt048793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0104814
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt056551
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0383964
IRS990ScheduleA/TotalSupportAmt01046989
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.98000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt07682632
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0172923
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt08343218
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0295000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0782663
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt06814840
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0360368
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt07682632
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0263000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0770424
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06424587
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt093700
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt06814840
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0218000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0514553
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt07153457
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0101228
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06424587
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0173000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-657098
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05676448
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt062308
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt07153457
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0183000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01597701
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.01000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED TO GENERATE INVESTMENT RETURNS WHICH ARE SPENT IN THE FURTHERANCE OF THE ORGANIZATION'S MISSION AND EXEMPT PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.01000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0585200
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt12768
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt22667
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TECHNOLOGY AWARD GRANT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2STUDENT NEEDS GRADES K-12
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0166
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt13
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt216
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ENSURES SCHOLARSHIP GRANTS ARE USED FOR PROPER PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM THE INTENDED USE. THE ORGANIZATION MAKES SCHOLARSHIP GRANT CHECKS PAYABLE TO EDUCATIONAL INSTITUTIONS AND CONTROLS THE MAILING OF SCHOLARSHIP GRANT CHECKS DIRECTLY TO EDUCATIONAL INSTITUTIONS. A MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS, OTHER THAN THE TREASURER, ANNUALLY SELECTS A SAMPLE OF GRANT AWARDS AND DISBURSEMENTS. CERTAIN AGREED UPON PROCEDURES ARE PERFORMED ON THE SAMPLE TO ASCERTAIN THE PROPRIETY OF DISBURSEMENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MICHELLE WHITNEY AND MARIE WHITNEY HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 11A EXPLANATION - A COMPLETE COPY OF FORM 990 IS INITIALLY REVIEWED BY THE TREASURER AND ANY NOTED CHANGES ARE MADE. A COMPLETE COPY OF FORM 990 IS THEN PROVIDED TO THE FUND'S FINANCE COMMITTEE, AND ANY NOTED CHANGES ARE MADE. FINALLY, A COMPLETE COPY OF FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY, AFTER WHICH THE TREASURER EXECUTES THE REQUIRED FORM FOR FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FUND HAS ESTABLISHED A WRITTEN CONFLICT OF INTEREST POLICY. DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE ANY KNOWN POTENTIAL CONFLICTS OF INTEREST BY EXECUTION OF A CONFLICT OF INTEREST POLICY DOCUMENT. THE FUND MAINTAINS THE EXECUTED DOCUMENTS IN ITS FILES. THE BOARD OF DIRECTORS IS TO DISCUSS THE CONFLICT OF INTEREST POLICY NO LESS FREQUENTLY THAN ANNUALLY AT THE OCTOBER BOARD OF DIRECTORS MEETING. IN ORDER TO AVOID CONFLICTS OF INTEREST IN THE AWARDING OF SCHOLARSHIPS, THE ELIGIBILITY AND SELECTIONS PROCESS SHALL BE BLIND AND DESIGNED TO ELIMINATE THE OPPORTUNITY FOR A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT COMPENSATE ANY BOARD MEMBERS OR OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE IN RESPONSE TO SPECIFIC REQUESTS FROM THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.37$0.00$8.37$0.75$0.61$0.15
2024Detailed filing. Detailed filing data is available for this year.$7.69$0.00$7.69$0.80$0.53$0.27
2023Detailed filing. Detailed filing data is available for this year.$6.83$0.00$6.83$0.58$0.54$0.04
2022Detailed filing. Detailed filing data is available for this year.$6.46$0.00$6.46$0.63$0.45$0.19
2021Detailed filing. Detailed filing data is available for this year.$7.20$0.00$7.20$0.50$0.44$0.06
2020Detailed filing. Detailed filing data is available for this year.$5.73$0.00$5.73$0.45$0.43$0.03
2019Detailed filing. Detailed filing data is available for this year.$5.92$0.00$5.92$1.11$0.41$0.69
2018Detailed filing. Detailed filing data is available for this year.$4.98$0.00$4.98$0.44$0.40$0.04
2017Detailed filing. Detailed filing data is available for this year.$4.81$0.00$4.81$0.48$0.39$0.09
2016Detailed filing. Detailed filing data is available for this year.$4.49$0.00$4.49$0.42$0.40$0.03
2015Detailed filing. Detailed filing data is available for this year.$4.48$0.00$4.48$0.64$0.35$0.28
2014Detailed filing. Detailed filing data is available for this year.$4.31$0.00$4.31$0.39$0.31$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$0.00$3.76$2.32$0.26$2.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.00$1.61$0.24
2011Summary only. Only limited summary data is available for this year.$1.59$0.00$1.59$0.18$0.20$0.02
Peer Organizations

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