Insurance Scholarship Foundation of America

“Administrative fees 1,000 total 1,000”

“SCHOLARSHIPS 9,766 0 0”

“Expenses office supplies 126 software 2,331 convention expense 3,914 insurance 4,249 bad debt expense 1,092 maintenance contracts 83 other rentals-equipment 116 bank charges 7 dues and subscriptions 106 filing fees 65 public relations 400 taxes 24 website 1,770 investment fees/comm 757 board meetings 729 processing fees 64 contract fee processing 127 non-investment depreciation 166 total 16,126”

“Net unrealized gains on investments 0 net unrealized loss on investments -38,933”

“Pledges receivable 7,372 0 accounts receivable 245 105 prepaid expenses and deferred charges 2,277 2,172 equipment and software 14,978 14,978 less accumulated depreciation 14,493 14,659 total 10,379 2,596”

“Accounts payable and accrued expenses 382 100”

“To promote excellence in the insurance industry by underwriting the education of current and future employees.”

“The foundation offers two types of scholarships - one for a college student majoring in insurance/risk management, the other for individuals already working in the insurance industry. There were seven college scholarships awarded totaling 7,000 and four professional scholarships totaling 2,766 awarded during the year ending december 31, 2014.”