Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 20-2035617 • 501(c)3 • Bronxville, NY
Profile
USSAC FUND IS A CHARITY SET UP TO ENDOW EDUCATIONAL SCHOLARSHIPs to certain foreign and domestic colleges,universities and schools. THE FUND ALSO CONTRIBUTES MONIES TO COLLEGES,UNIVERSITIES AND SCHOOLS FOR CAPITAL EXPENDITURES.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
9th percentile
Faster asset growth than 9% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Assets
Down$0
Down $3,141,582 (-100%) from 2020
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$0
Down $3,141,582 (-100%) from 2020
Revenue
Down$71
Down $558,383 (-100%) from 2020
Expenses
Up$3,141,653
Up $2,952,606 (+1562%) from 2020
Net Income
Down-$3,141,582
Down $3,510,989 (-950%) from 2020
Most recent year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
USSAC FUND IS A CHARITY SET UP TO ENDOW EDUCATIONAL SCHOLARSHIPs to certain foreign and domestic colleges,universities and schools. THE FUND ALSO CONTRIBUTES MONIES TO COLLEGES,UNIVERSITIES AND SCHOOLS FOR CAPITAL EXPENDITURES.
| Description | Grants | Expenses |
|---|---|---|
| $3,141,609.36 fund was transferred to Maitland Trustees Limited (now known as Stonehage Fleming Trustees Limited), which is located in the Isle of Man, to continue to manage the fund and support St. Andrew's College in Grahamstown, South Africa (Grahamstown has been renamed Makhanda since these transfers took place)The Trust Object is the provision of funding to the School for:1. The provision of bursaries and/or scholarships to enable deserving pupils to attend the School, as selected by the School, its governing council or such other body as may be appointed for the purposes of selecting deserving pupils for scholarships and/or bursaries to the School; 2. With the written consent of the Enforcer, the development, improvement or enhancement of educational, pastoral or sporting facilities for the School. | $3,141,609 | $3,141,609 |
| $181,640 IN GRANTS TO ST. ANDREW'S COLLEGE FOR BOXER SCHOLARSHIPS AND TUITION PAYMENTS. | - | - |
| A $4,991 GRANT TO MONTERREY INSTITUTE OF TECHNOLOGY FOR STUDENTS TUITION PAYMENTS. | - | - |
| A $1,000 GRANT TO THE JULLIARD SCHOOL FOR STUDENTS TUITION PAYMENTS. | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARK PATTERSON | President | - | $0 | - | - |
| SIMON UPFILL-BROWN | Secretary | - | $0 | - | - |
| RODGER GEEL | Director | - | $0 | - | - |
| NICHOLAS UTTON | Director | - | $0 | - | - |
“Class of Activity: GENERAL FUNDING | Donee's Name: Maitland Trustees Limited | Donee's Address: FALCON CLIFF, PALACE ROAD DOUGLAS IM2 4LB Man, Isle of | Relationship of Donee: NONE | Cash Amount Given: $3141609”
“BANK CHARGES $44”
“DIVIDENDS RECEIVABLE - Beginning $575 DIVIDENDS RECEIVABLE - Ending $0”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MARK PATTERSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9149611200 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | C/O HYMES CPA 55 PONDFIELD ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BRONXVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10708 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 3141007 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3141582 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/FinalReturnInd | 0 | X |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 3141582 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 3141609 |
| IRS990EZ/GrossReceiptsAmt | 0 | 71 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 71 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 3141582 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 3141582 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MARK PATTERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SIMON UPFILL-BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RODGER GEEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | NICHOLAS UTTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 575 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 44 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | USSAC FUND IS A CHARITY SET UP TO ENDOW EDUCATIONAL SCHOLARSHIPs to certain foreign and domestic colleges,universities and schools. THE FUND ALSO CONTRIBUTES MONIES TO COLLEGES,UNIVERSITIES AND SCHOOLS FOR CAPITAL EXPENDITURES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | $181,640 IN GRANTS TO ST. ANDREW'S COLLEGE FOR BOXER SCHOLARSHIPS AND TUITION PAYMENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | A $4,991 GRANT TO MONTERREY INSTITUTE OF TECHNOLOGY FOR STUDENTS TUITION PAYMENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | A $1,000 GRANT TO THE JULLIARD SCHOOL FOR STUDENTS TUITION PAYMENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | $3,141,609.36 fund was transferred to Maitland Trustees Limited (now known as Stonehage Fleming Trustees Limited), which is located in the Isle of Man, to continue to manage the fund and support St. Andrew's College in Grahamstown, South Africa (Grahamstown has been renamed Makhanda since these transfers took place)The Trust Object is the provision of funding to the School for:1. The provision of bursaries and/or scholarships to enable deserving pupils to attend the School, as selected by the School, its governing council or such other body as may be appointed for the purposes of selecting deserving pupils for scholarships and/or bursaries to the School; 2. With the written consent of the Enforcer, the development, improvement or enhancement of educational, pastoral or sporting facilities for the School. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 0 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 3141609 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 3141609 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 3141653 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 3141609 |
| IRS990EZ/TotalRevenueAmt | 0 | 71 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/CollegeOrganizationInd | 0 | X |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 477285 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 198943 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 171532 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1105835 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1953595 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1953595 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 477285 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 198943 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 171532 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1105835 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1953595 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1953595 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleN/AssetsDistributedInd | 0 | true |
| IRS990ScheduleN/AttorneyGeneralNotifiedInd | 0 | true |
| IRS990ScheduleN/BondLiabilitiesDischargedInd | 0 | false |
| IRS990ScheduleN/BondsOutstandingInd | 0 | false |
| IRS990ScheduleN/DirectorOfSuccessorInd | 0 | false |
| IRS990ScheduleN/EmployeeOfSuccessorInd | 0 | false |
| IRS990ScheduleN/LiabilitiesPaidInd | 0 | true |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | CASH |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt | 0 | Maitland Trustees Limited |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 0 | 2021-01-27 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 0 | 3141609 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/AddressLine1Txt | 0 | FALCON CLIFF PALACE ROAD |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/CityNm | 0 | DOUGLAS |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/CountryCd | 0 | IM |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/ForeignPostalCd | 0 | 4LB |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/ProvinceOrStateNm | 0 | IM2 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 0 | CHARITY TRUST |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | CASH |
| IRS990ScheduleN/OwnerOfSuccessorInd | 0 | false |
| IRS990ScheduleN/ReceiveCompensationInd | 0 | false |
| IRS990ScheduleN/RequiredToNotifyAGInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Class of Activity: GENERAL FUNDING | Donee's Name: Maitland Trustees Limited | Donee's Address: FALCON CLIFF, PALACE ROAD DOUGLAS IM2 4LB Man, Isle of | Relationship of Donee: NONE | Cash Amount Given: $3141609 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BANK CHARGES $44 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DIVIDENDS RECEIVABLE - Beginning $575 DIVIDENDS RECEIVABLE - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grants and Similar Amounts Paid In Excess of $5,000.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Assets.1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Mark Patterson |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-10-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | USSAC FUND |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CO HYMES & ASSOCIATES CPA PC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | USSA |
| ReturnHeader/Filer/EIN | 0 | 202035617 |
| ReturnHeader/Filer/PhoneNum | 0 | 9149611200 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 55 PONDFIELD ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BRONXVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10708 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 874006001 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HYMES BARRERA & KIM CPA LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 55 PONDFIELD RD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BRONXVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10708 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9149611200 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Haram Kim CPA |
| ReturnHeader/ReturnTs | 0 | 2022-10-31T14:00:18-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Mark |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Patterson |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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