Civic Intelligence

Aaaa Foundation Inc.

990 • Fiscal year 2016 • EIN 13-3949950

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 31, 2017

Organization ProfileN/A
1065 Ave Of The Americas 16th FlrNew York, NY 10018

(212) 850-0770

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.26x

Higher debt load relative to assets than 93% of similar nonprofits.

2016 filings • NTEE B82 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

1.66x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • NTEE B82 • <$500k nonprofits • Source year 2016

Net Margin

4th percentile

-536%

Higher net margin than 4% of similar nonprofits.

2016 filings • NTEE B82 • <$500k nonprofits • Source year 2016

Top Officer Pay

100th percentile

$623,700

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 1379.8% of source-year revenue.

2016 filings • NTEE B82 • <$500k nonprofits • Source year 2016

Asset Growth

5th percentile

-47%

Faster asset growth than 5% of similar nonprofits.

2016 filings • NTEE B82 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-85%

Faster revenue growth than 5% of similar nonprofits.

2016 filings • NTEE B82 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$291,457

Down $253,489 (-47%) from 2015

Net Assets

Down

$216,457

Down $242,189 (-53%) from 2015

Liabilities

Down

$75,000

Down $11,300 (-13%) from 2015

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin4th percentile

Revenue

Down

$45,201

Down $248,502 (-85%) from 2015

Expenses

Down

$287,390

Down $51,046 (-15%) from 2015

Net Income

Down

-$242,189

Down $197,456 (-441%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $988,679Liabilities 2011: $66,296Net Assets 2011: $922,3832011Assets 2012: $785,380Liabilities 2012: $66,383Net Assets 2012: $718,9972012Assets 2013: $641,331Liabilities 2013: $66,496Net Assets 2013: $574,8352013Assets 2014: $623,979Liabilities 2014: $120,600Net Assets 2014: $503,3792014Assets 2015: $544,946Liabilities 2015: $86,300Net Assets 2015: $458,6462015Assets 2016: $291,457Liabilities 2016: $75,000Net Assets 2016: $216,4572016Assets 2017: $413,778Liabilities 2017: $52,500Net Assets 2017: $361,2782017Assets 2018: $558,347Liabilities 2018: $275,604Net Assets 2018: $282,7432018Assets 2019: $558,945Liabilities 2019: $345,246Net Assets 2019: $213,6992019Assets 2020: $1,098,912Liabilities 2020: $744,071Net Assets 2020: $354,8412020Assets 2021: $2,600,268Liabilities 2021: $515,045Net Assets 2021: $2,085,2232021Assets 2022: $2,704,594Liabilities 2022: $487,652Net Assets 2022: $2,216,9422022Assets 2023: $1,728,664Liabilities 2023: $247,599Net Assets 2023: $1,481,0652023Assets 2024: $173,918Liabilities 2024: $357,624Net Assets 2024: -$183,7062024

Highlighted filing

2016

Assets$291,457
Liabilities$75,000
Net Assets$216,457
Open 2016 Filing

Operations Trend

Revenue Growth5th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $625,318Expenses 2011: $215,145Net Income 2011: $410,1732011Revenue 2012: $82,099Expenses 2012: $285,485Net Income 2012: -$203,3862012Revenue 2013: $153,625Expenses 2013: $297,787Net Income 2013: -$144,1622013Revenue 2014: $218,543Expenses 2014: $289,999Net Income 2014: -$71,4562014Revenue 2015: $293,703Expenses 2015: $338,436Net Income 2015: -$44,7332015Revenue 2016: $45,201Expenses 2016: $287,390Net Income 2016: -$242,1892016Revenue 2017: $461,637Expenses 2017: $316,816Net Income 2017: $144,8212017Revenue 2018: $1,167,211Expenses 2018: $1,245,746Net Income 2018: -$78,5352018Revenue 2019: $1,590,564Expenses 2019: $1,659,608Net Income 2019: -$69,0442019Revenue 2020: $1,051,379Expenses 2020: $910,237Net Income 2020: $141,1422020Revenue 2021: $3,368,477Expenses 2021: $1,638,095Net Income 2021: $1,730,3822021Revenue 2022: $2,455,612Expenses 2022: $2,323,893Net Income 2022: $131,7192022Revenue 2023: $2,183,289Expenses 2023: $2,919,166Net Income 2023: -$735,8772023Revenue 2024: $1,197,925Expenses 2024: $2,862,696Net Income 2024: -$1,664,7712024

Highlighted filing

2016

Revenue$45,201
Expenses$287,390
Net Income-$242,189
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 31, 2017
Return Version
2016v3.0
Gross Receipts
$45,201
Mission and Program Overview

Mission

The foundation provides scholarships, grants, and other educational programs to multicultural students pursuing a career in advertising. Additionally, the foundation provides funding to organizations that engage all levels of multicultural talent that may not otherwise consider advertising as a career option, in order to develop new sources from which to recurit and new methods to develop talent for the industry.

THE FOUNDATION PROVIDES SCHOLARSHIPS, GRANTS, AND OTHER EDUCATIONAL PROGRAMS to multicultural students pursuing a career in advertising.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$417,788$279,101▼ $138,687
Cash and Non-Interest-Bearing Accounts$6,158$7,356▲ $1,198
Pledges and Grants Receivable$121,000$5,000▼ $116,000
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$544,946$291,457▼ $253,489
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$16,300$75,000▲ $58,700
Grants Payable$70,000--
Total Liabilities$86,300$75,000▼ $11,300
Net Assets / Fund Balance
Temporarily Rstr Net Assets$436,241$268,866▼ $167,375
Unrestricted Net Assets$22,405$-52,409▼ $74,814
Total Net Assets Fund Balance$458,646$216,457▼ $242,189
Total Liabilities and Net Assets / Fund Balance$544,946$291,457▼ $253,489
Compensation and Service Providers
Top Officer Pay100th percentile

Board Members and Trustees

NameTitle
Nancy HillPresident
Christine FruechteDirector
Ellen BenwittDirector
Jo MuseDirector
Joe ErwinDirector
Kim Noel-jonesDirector
Laura AgostiniDirector
Mary BaglivoDirector
R Vann GravesDirector
RENETTA McCANNDirector
Tim AllenDirector
H Todd HittleCFO, COO
JAMES O'DONNELLController
Revenue and Support

Revenue Composition

Contributions and Grants
$44,804
Program Service Revenue
$0
Investment Income
$397
Other Revenue
$0
All Other Contributions
$44,804
Change in Net Assets
$-242,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$161,000
Other Expenses$126,390
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$135,000--$135,000
Fees for Services Other$108,200--$108,200
Foreign Grants$26,000--$26,000
Fees for Services Accounting-$17,276-$17,276
Other Expenses-$125-$125
Total Functional Expenses$269,200$18,190$0$287,390
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Miami Ad SchoolMiami Beach, FL-Scholarships$45,000
Vcu Brand CenterRichmond, VA-Scholarships$30,000
New York UniversityNew York, NY-Scholarship$20,000
Alfred State College of TechAlfred, NY-Scholarship$11,750
Ut Dept of AdvertisingAustin, TX-Scholarship$10,000

International Summary

Spending
$26,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
United Arab EmiratesGrantScholarship00$10,000
IndiaGrantScholarship00$10,000
GermanyGrantScholarship00$6,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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, Line 11B: Form 990 Review Process

“An initial review of form 990 is conducted by one member of the board of directors and then is sent to all board of director members for their review prior to the mailing of the return.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“There is a Code of Conduct Policy of The 4A Association (a related organization) which Nancy Hill (President) and H. Todd Hittle (CEO, CFO) sign every other year.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The audit report is sent to all board members. The board meeting minutes are sent to all board members. In addition, the organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
AAAA FOUNDATION Inc
EIN
13-3949950
Phone
2128500770
Address
1065 AVE OF THE AMERICAS 16TH FLR, NEW YORK, NY 10018

Signing Officer

Name
H Todd Hittle
Title
CFO, COO
Signed
2017-08-31
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
7
Employees
0

Preparer

Firm
Bencivenga Ward & Company CPAs PC
Address
420 Columbus Avenue Suite 304, Valhalla, NY 10595-1382
Preparer
Leonard J Bencivenga CPA
Phone
9147695005
Raw XML AppendixShowing 400 of 582 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE FOUNDATION PROVIDES SCHOLARSHIPS, GRANTS, AND OTHER EDUCATIONAL PROGRAMS to multicultural students pursuing a career in advertising.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt0458646
IRS990/NetAssetsOrFundBalancesEOYAmt0216457
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/Desc1WEBSITE/COMMUNICATIONS
IRS990/OtherExpensesGrp/Desc2FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0597
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1192
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2125
IRS990/OtherExpensesGrp/TotalAmt0597
IRS990/OtherExpensesGrp/TotalAmt1192
IRS990/OtherExpensesGrp/TotalAmt2125
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0121000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0293250
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0200000
IRS990/PYInvestmentIncomeAmt0453
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0138436
IRS990/PYRevenuesLessExpensesAmt0-44733
IRS990/PYTotalExpensesAmt0338436
IRS990/PYTotalRevenueAmt0293703
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-242189
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt044804
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0417788
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0279101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt044804
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0293250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0203975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt075072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt034503
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0651604
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0397
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0453
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0355
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0538
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0781
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02524
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0139043
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.31330
IRS990ScheduleA/PublicSupportPY170Pct00.40950
IRS990ScheduleA/PublicSupportTotal170Amt0204906
IRS990ScheduleA/SubstantialContributorsTotAmt0446698
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt044804
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0293250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0203975
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt075072
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt034503
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0651604
IRS990ScheduleA/TotalSupportAmt0654128
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt06000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt110000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt210000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0GERMANY
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1UNITED ARAB EMIRATES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2INDIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0SCHOLARSHIP
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1SCHOLARSHIP
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2SCHOLARSHIP
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2GRANT
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt010000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt110000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt26000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRETRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRETRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2WIRETRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SCHOLARSHIP
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1SCHOLARSHIP
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2SCHOLARSHIP
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt026000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION MAKES PAYMENTS DIRECTLY TO THE COLLEGES FOR THE PAYMENT OF STUDENT SCHOLARSHIPS. THE COLLEGES NOTIFY THE FOUNDATION IF A STUDENT WHO RECEIVED A SCHOLARSHIP DOES NOT COMPLETE HIS/HER STUDIES.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
IRS990ScheduleF/Total501c3OrgCnt03
IRS990ScheduleF/TotalSpentAmt026000
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt011750
IRS990ScheduleI/RecipientTable/CashGrantAmt145000
IRS990ScheduleI/RecipientTable/CashGrantAmt220000

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$291,457
Liabilities
$75,000
Net assets
$216,457
Revenue
$45,201
Expenses
$287,390
Net income
-$242,189
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.36$0.18$1.20$2.86$1.66
2023Detailed filing. Detailed filing data is available for this year.$1.73$0.25$1.48$2.18$2.92$0.74
2022Detailed filing. Detailed filing data is available for this year.$2.70$0.49$2.22$2.46$2.32$0.13
2021Detailed filing. Detailed filing data is available for this year.$2.60$0.52$2.09$3.37$1.64$1.73
2020Detailed filing. Detailed filing data is available for this year.$1.10$0.74$0.35$1.05$0.91$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.35$0.21$1.59$1.66$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.56$0.28$0.28$1.17$1.25$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.05$0.36$0.46$0.32$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.29$0.08$0.22$0.05$0.29$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.09$0.46$0.29$0.34$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.62$0.12$0.50$0.22$0.29$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.64$0.07$0.57$0.15$0.30$0.14
2012Summary only. Only limited summary data is available for this year.$0.79$0.07$0.72$0.08$0.29$0.20
2011Summary only. Only limited summary data is available for this year.$0.99$0.07$0.92$0.63$0.22$0.41