University Club Scholarship Fund

“No committee can act on behalf of the governing body.”

“The president and treasurer review and approve the form 990 prior to filing. It is also made available to any member of the governing body upon request prior to being filed.”

“All members of the board of directors certify by their signature that they are unaware of any conflicts of interest. As of 2018, no conflict of interests have been disclosed.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The university club scholarship fund (the "fund") is a not-for-profit organization that operated as a trust for charitable and educational purposes. During 2016, the fund decided to terminate the fund and establish a newly formed 501(c)(3) corporation with identical charitable purposes. Therefore, a new entity called the university club scholarship fund, inc. Was formed and on january 17, 2017, the irs determined that the newly formed entity was exempt from federal income tax under section 501(c)(3) of the internal revenue code. The newly formed entity, the university club scholarship fund, inc., is a charitable, nonprofit organization incorporated under the laws of the state of massachusetts. The purpose for which it is formed is exclusively charitable and educational, and is limited to providing scholarships to students who are pursuing an undergraduate degree at a college or university based on their financial need, academic success, character and extracurricular activities. Such scholarships are awarded to seniors attending boston charter, district or pilot high schools.”

“Transfer of assets to university club scholarship fund inc. (81-4091113) -757,134.”