Liabilities / Assets
3rd percentile
Higher debt load relative to assets than 3% of similar nonprofits.
990 • Fiscal year 2016 • EIN 27-2480291
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
3rd percentile
Higher debt load relative to assets than 3% of similar nonprofits.
Liabilities / Revenue
3rd percentile
Higher debt load relative to revenue than 3% of similar nonprofits.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
71st percentile
Higher top officer pay than 71% of similar nonprofits.
Top officer pay equals 5.6% of source-year revenue.
Asset Growth
75th percentile
Faster asset growth than 75% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Up$186,483,508
Up $13,681,547 (+7.9%) from 2015
Net Assets
Up$186,440,140
Up $15,526,974 (+9.1%) from 2015
Liabilities
Down$43,368
Down $1,845,427 (-98%) from 2015
Revenue
Down$14,006,271
Down $22,368,599 (-61%) from 2015
Expenses
Down$7,820,524
Down $1,439,797 (-16%) from 2015
Net Income
Down$6,185,747
Down $20,928,802 (-77%) from 2015
The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the "association") for the benefit of the association's existing and future programs.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $139,538,478 | $137,121,997 | ▼ $2,416,481 |
| Savings and Temporary Cash Investments | $6,813,098 | $20,060,446 | ▲ $13,247,348 |
| Pledges and Grants Receivable | $20,860,899 | $16,310,907 | ▼ $4,549,992 |
| Cash and Non-Interest-Bearing Accounts | $3,098,532 | $5,735,806 | ▲ $2,637,274 |
| Prepaid Expenses and Deferred Charges | $501,500 | $251,700 | ▼ $249,800 |
| Investments Other Securities | $355,322 | $224,925 | ▼ $130,397 |
| Total Assets | $172,801,961 | $186,483,508 | ▲ $13,681,547 |
| Other Assets Total | $1,634,132 | $6,777,727 | ▲ $5,143,595 |
| Liabilities | |||
| Other Liabilities | $1,846,164 | $0 | ▼ $1,846,164 |
| Accounts Payable and Accrued Expenses | $42,631 | $43,368 | ▲ $737 |
| Total Liabilities | $1,888,795 | $43,368 | ▼ $1,845,427 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $146,450,315 | $166,106,494 | ▲ $19,656,179 |
| Temporarily Rstr Net Assets | $19,720,896 | $15,551,436 | ▼ $4,169,460 |
| Permanently Rstr Net Assets | $4,741,955 | $4,782,210 | ▲ $40,255 |
| Total Net Assets Fund Balance | $170,913,166 | $186,440,140 | ▲ $15,526,974 |
| Total Liabilities and Net Assets / Fund Balance | $172,801,961 | $186,483,508 | ▲ $13,681,547 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2016 | $153,719,165 | $7,877,890 | ▲ $15,060,872 | $2,526,158 | $169,146,128 |
| 2015 | $135,484,539 | $31,117,583 | ▼ $4,507,095 | $5,277,362 | $153,719,165 |
| 2014 | $115,307,546 | $21,054,942 | ▲ $4,700,919 | $3,064,075 | $135,484,539 |
| 2013 | $84,703,189 | $12,454,887 | ▲ $20,355,013 | $1,200,235 | $115,307,546 |
| 2012 | $68,832,850 | $6,143,891 | ▲ $12,185,336 | $1,323,813 | $84,703,189 |
| Name | Title |
|---|---|
| Walter Scott Jr | Chairman and President |
| David L Sokol | Vice President |
| Dennis R Washington | Director |
| George L Argyros | Director |
| Paul Anthony Novelly | Director |
| Terrence J Giroux | Executive Director |
| Anthony Welters | Assistant Secretary |
| Joseph Neubauer | Secretary |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Brian Communications | Public Relations And Marketing Campaigns | 200 FOUR FALLS CORPORATE CENTER SU, Conshohocken, PA 19428, Ca | $247,500 |
| The Tenors | Operatic Pop Music Performance | 8182 MARYLAND AVENUE 6TH FLOOR, St Louis, MO 63105 | $231,667 |
| Summit Strategies Group | Investment Consulting | 425 NORTH BUMBY AVE, Orlando, FL 32803 | $153,441 |
| Orlando Philharmonic Orchestra INC | Symphonic Music | - | $134,096 |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $4,985,641 |
| Other Expenses | $2,429,455 |
| Total Fundraising Expense | $471,008 |
| Salaries, Compensation, and Employee Benefits | $405,428 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $4,985,641 | - | - | $4,985,641 |
| Advertising | $793,808 | - | - | $793,808 |
| Fees for Service Investment Mgmnt Fees | - | $408,746 | - | $408,746 |
| Other Salaries and Wages | - | $47,015 | $297,166 | $344,181 |
| Conferences and Meetings | $307,916 | - | - | $307,916 |
| Fees for Services Other | $29,707 | $158,618 | $56,722 | $245,047 |
| Other Expenses | $85,000 | - | - | $85,000 |
| Fees for Services Accounting | - | $54,932 | - | $54,932 |
| Occupancy | - | $6,649 | $42,020 | $48,669 |
| Other Employee Benefits | - | $4,303 | $27,200 | $31,503 |
| Office Expenses | $3,554 | $2,034 | $12,245 | $17,833 |
| Pension Plan Contributions | - | $2,274 | $14,371 | $16,645 |
| Payroll Taxes | - | $1,789 | $11,310 | $13,099 |
| Travel | - | $1,578 | $9,974 | $11,552 |
| Fees for Services Legal | $1,877 | $5,945 | - | $7,822 |
| Total Functional Expenses | $6,655,633 | $693,883 | $471,008 | $7,820,524 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Horatio Alger Assn of Distinguished Americans Inc | Alexandria, VA | 501(c)(3) | Transfers to Supported Organization | $4,985,641 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The form 990 is reviewed by the fund's governance and finance consultant, executive management and elected president.”
“All board members and employees are asked to comply with the written policy by disclosing any business transaction in which board member, staff or their families have a financial interest to the full board. Executive director personally monitors activities of members to assure compliance.”
“The executive director's compensation is set by the board of directors after receiving a study of comparable organizations by towers-perrin. The review includes salary and benefits. All other positions are evaluated by towers-perrin every 3 years, and they provide the association with a study of comparable positions and salary ranges for every job title on the staff.”
“The organization makes available its governing documents, conflict of interest policy and financial statements only upon request.”
“There was no change in the process for overseeing the audit for the prior year.”
“The endowment funds are used to fund undergraduate and graduate scholarships in honor of horatio alger members at the national, state levels, and within canada. They are also used to advance the association's national visibility initiatives through public service advertising, concerts, and communications program which should ultimately assist in raising visibility and increase contributions.”
“Horatio and the fund have been recognized as exempt from federal income taxes by the internal revenue service under section 501(c)(3) of the internal revenue code and each has been classified as an organization that is not a private foundation. Management evaluated the tax positions and concluded that horatio and the fund have taken no uncertain tax positions that require adjustment to the consolidated financial statements to comply with the provisions of this guidance. Generally, horatio and the fund are no longer subject to income tax examinations by the u.s. Federal, state, or local tax authorities for years before 2013.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 42631 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 43368 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE PURPOSE OF THE FUND IS TO PROMOTE EDUCATIONAL AND CHARITABLE PURPOSES, AND IN PARTICULAR TO RECEIVE, HOLD, INVEST AND DISTRIBUTE FUNDS TO THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. (THE "ASSOCIATION") FOR THE BENEFIT OF THE ASSOCIATION'S EXISTING AND FUTURE PROGRAMS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 793808 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 793808 |
| IRS990/AllOtherContributionsAmt | 0 | 7867292 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | HALT BUZAS & POWELL LTD |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7038361350 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1199 NORTH FAIRFAX ST 10TH FLOOR |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ALEXANDRIA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 22314 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 3098532 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 5735806 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 4 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 307916 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 307916 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 247500 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 231667 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 153441 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 134096 |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/AddressLine1Txt | 0 | 57 CRAWFORD STREET |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/CityNm | 0 | TORONTO |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/CountryCd | 0 | CA |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/ForeignPostalCd | 0 | M5B 2C5 |
| IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/ProvinceOrStateNm | 0 | ONTARIO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 200 FOUR FALLS CORPORATE CENTER SU |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 8182 MARYLAND AVENUE 6TH FLOOR |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 425 NORTH BUMBY AVE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | CONSHOHOCKEN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | ST LOUIS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | ORLANDO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | MO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | FL |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 19428 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 63105 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 32803 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | BRIAN COMMUNICATIONS |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | THE TENORS |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | SUMMIT STRATEGIES GROUP |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | ORLANDO PHILHARMONIC ORCHESTRA INC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | PUBLIC RELATIONS AND MARKETING CAMPAIGNS |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | OPERATIC POP MUSIC PERFORMANCE |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | INVESTMENT CONSULTING |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | SYMPHONIC MUSIC |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 7867292 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 4985641 |
| IRS990/CYInvestmentIncomeAmt | 0 | 6138979 |
| IRS990/CYOtherExpensesAmt | 0 | 2429455 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 6185747 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 405428 |
| IRS990/CYTotalExpensesAmt | 0 | 7820524 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 471008 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 14006271 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | DURING 2016 THE FUND MADE GRANTS TO HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. TO SUPPORT STATE AND OTHER SCHOLARSHIP PROGRAMS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 6655633 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 54932 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 54932 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 5945 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 1877 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 7822 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 56722 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 158618 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 29707 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 245047 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 408746 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 408746 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 37.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 78686 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | WALTER SCOTT JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | GEORGE L ARGYROS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JOSEPH NEUBAUER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DENNIS R WASHINGTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | PAUL ANTHONY NOVELLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ANTHONY WELTERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DAVID L SOKOL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | TERRENCE J GIROUX |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 703298 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN AND PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | ASSISTANT SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2010 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 2733079 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantAmt | 0 | 4985641 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 4985641 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 4985641 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 120574229 |
| IRS990/GrossReceiptsAmt | 0 | 131847421 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 3405900 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 3405900 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 355322 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 224925 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 139538478 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 137121997 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 117841150 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE PURPOSE OF THE FUND IS TO PROMOTE EDUCATIONAL AND CHARITABLE PURPOSES, AND IN PARTICULAR TO RECEIVE, HOLD, INVEST AND DISTRIBUTE FUNDS TO THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. (THE "ASSOCIATION") FOR THE BENEFIT OF THE ASSOCIATION'S EXISTING AND FUTURE PROGRAMS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 170913166 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 186440140 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 2733079 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 2733079 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 9341227 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 42020 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 6649 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 48669 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 12245 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2034 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3554 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 17833 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1634132 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 6777727 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 27200 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 4303 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 31503 |
| IRS990/OtherExpensesGrp/Desc | 0 | AUDIO VISUAL & MULTIMED |
| IRS990/OtherExpensesGrp/Desc | 1 | AWARDS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 448130 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 85000 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 448130 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 85000 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1846164 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 297166 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 47015 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 344181 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 11310 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1789 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 13099 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 14371 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 2274 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 16645 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 4741955 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 4782210 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 20860899 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 16310907 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 501500 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 251700 |
| IRS990/PrincipalOfficerNm | 0 | TERRENCE J GIROUX |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 31560281 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 3098500 |
| IRS990/PYInvestmentIncomeAmt | 0 | 4814589 |
| IRS990/PYOtherExpensesAmt | 0 | 5810826 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 27114549 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 350995 |
| IRS990/PYTotalExpensesAmt | 0 | 9260321 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 36374870 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 6185747 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 6813098 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 20060446 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | IN ITS DETERMINATION LETTER TO THE HORATIO ALGER ENDOWMENT FUND (THE "FUND"), DATED AUGUST 30, 2010, THE INTERNAL REVENUE SERVICE ("IRS") STATED, AMONG OTHER THINGS, THAT THE IRS HAD DETERMINED THAT THE FUND IS A TYPE 2 SUPPORTING ORGANIZATION UNDER INTERNAL REVENUE CODE ("IRC") SECTION 590(A)(3). THE MANNER IN WHICH THE FUND SATISFIES THE TYPE II SUPPORTING ORGANIZATION "RELATIONSHIP TEST" IS SET FORTH BELOW, AND WAS SET FORTH IN THE FUND'S FORM 1023, DATED JULY 6, 2010, ON WHICH THE IRS'S DETERMINATION LETTER WAS BASED. THERE HAVE BEEN NO CHANGES TO THE MANNER IN WHICH THE FUND OPERATES IN THIS REGARD SINCE THE FUND FILED ITS FORM 1023. IN ACCORDANCE WITH ARTICLE 2 OF THE FUND'S ARTICLES OF INCORPORATION, THE FUND SUPPORTS ONE ORGANIZATION: THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC., A NONPROFIT MEMBERSHIP CORPORATION AND PUBLIC CHARITY UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) (THE "ASSOCIATION"). IN ACCORDANCE WITH ARTICLE 6 OF THE FUND'S ARTICLES OF INCORPORATION, AT ALL TIMES (A) A MAJORITY OF DIRECTORS ON THE FUND'S BOARD OF DIRECTORS (THE "BOARD DIRECTORS") CONCURRENTLY SERVE ON THE ASSOCIATION'S BOARD OF DIRECTORS, AND (B) THE REMAINING DIRECTORS ON THE FUND'S BOARD OF DIRECTORS (THE "MEMBER DIRECTORS") ARE ACTIVE MEMBERS OF THE ASSOCIATION. (MEMBER DIRECTORS MAY (BUT ARE NOT REQUIRED TO) SERVE ON THE BOARD OF DIRECTORS OF THE ASSOCIATION IN ADDITION TO BEING ACTIVE MEMBERS OF THE ASSOCIATION.) BOARD DIRECTORS ARE ELECTED BY PLURALITY VOTE OF THE BOARD OF DIRECTORS OF THE ASSOCIATION, AND MEMBER DIRECTORS ARE ELECTED BY PLURALITY VOTE OF THE BOARD DIRECTORS. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART IV, SECTION C, LINE 1: |
| IRS990ScheduleA/MajorityDirTrstSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 131669975 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 4985641 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS INC |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType2Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 4985641 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | 0 |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 0.87980 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 153719165 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 7877890 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 169146128 |
| IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 4985641 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 15060872 |
| IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt | 0 | 2526158 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 135484539 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 31117583 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 153719165 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 3098500 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -4507095 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 5277362 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 115307546 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 21054942 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 135484539 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 2514793 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 4700919 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 3064075 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 84703189 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt | 0 | 12454887 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 115307546 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 1005308 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 20355013 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 1200235 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 68832850 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt | 0 | 6143891 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 84703189 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 1135075 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 12185336 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 1323813 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.09190 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ENDOWMENT FUNDS ARE USED TO FUND UNDERGRADUATE AND GRADUATE SCHOLARSHIPS IN HONOR OF HORATIO ALGER MEMBERS AT THE NATIONAL, STATE LEVELS, AND WITHIN CANADA. THEY ARE ALSO USED TO ADVANCE THE ASSOCIATION'S NATIONAL VISIBILITY INITIATIVES THROUGH PUBLIC SERVICE ADVERTISING, CONCERTS, AND COMMUNICATIONS PROGRAM WHICH SHOULD ULTIMATELY ASSIST IN RAISING VISIBILITY AND INCREASE CONTRIBUTIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | HORATIO AND THE FUND HAVE BEEN RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND EACH HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. MANAGEMENT EVALUATED THE TAX POSITIONS AND CONCLUDED THAT HORATIO AND THE FUND HAVE TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, HORATIO AND THE FUND ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2013. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART V, LINE 4: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART X, LINE 2: |
| IRS990ScheduleD/TermEndowmentBalanceEOYPct | 0 | 0.02830 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 4985641 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | TRANSFERS TO SUPPORTED ORGANIZATION |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | HORATIO ALGER ASSN OF DISTINGUISHED AMERICANS INC |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 136669975 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 99 CANAL CENTER PLAZA |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | ALEXANDRIA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 22314 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | EXTENSIVE AND ONGOING COMMUNICATION WITH SUPPORTED ORGANIZATION AND GRANT REQUIREMENTS |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 120000 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.