2023-03-31T08:49:58-05:00 2022-10-31 BDO USA LLP 150 Boush Street Suite 1100 Norfolk VA 23510 990 2022-07-01 542009431 Cape Henry Collegiate School Students' Assistance Foundation Inc % CHCS STUDENTS' ASSISTANCE FD CAPE 7574819478 1320 MILL DAM ROAD VIRGINIA BEACH VA 23454 Dr Christopher Garran PRESIDENT 7574819478 2023-03-27 true Dr Christopher Garran 999009999 Marc Berger P01871563 7576407190 2023-03-27 3 2022 2023-04-26 12:10:37Z X Dr Christopher Garran 1320 MILL DAM ROAD VIRGINIA BEACH VA 23454 0 false X www.capehenrycollegiate.org X 2000 VA SCHOLARSHIPS AND FINANCIAL AID X 0 0 0 0 0 0 35421 0 0 0 0 0 0 0 35421 0 0 0 0 0 0 0 0 0 0 0 0 0 0 35421 0 888995 0 0 0 888995 0 X THE PURPOSE OF THE CHCS STUDENTS' ASSISTANCE FOUNDATION IS TO PROVIDE NEED-BASED FINANCIAL AID TO IMPOVERISHED STUDENTS' ATTENDING CAPE HENRY COLLEGIATE SCHOOL. FUNDING FOR THE FOUNDATION IS DEPENDENT UPON DONATIONS AND UPON PROCEEDS RECEIVED FROM SPECIAL EVENTS CONDUCTED BY THE FOUNDATION. THE FOUNDATION'S UNRESTRICTED ASSETS PROVIDE FINANCIAL AID ONLY TO THOSE STUDENTS WHOSE FAMILIES MEET GUIDELINES ESTABLISHED BY THE COMMONWEALTH OF VIRGINIA RELATIVE TO THE POVERTY LEVEL. false true 0 0 0 NO PRORAM SERVICE ACTIVITIES IN 2022 0 true false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false true false false false true 0 0 0 false false false false false false false false false false false false X 0 0 false false false false false false false true true false false true true true true true true false false false X CHCS STUDENTS' ASSISTANCE FD 7574819478 1320 MILL DAM ROAD VIRGINIA BEACH VA 23454 GARRAN DR CHRISTOPHER PRESIDENT 0.0 0.0 X X 0 0 0 DUDLEY TRENT W BOARD CHAIR 0.0 0.0 X X 0 0 0 DUNCAN SCOTT BOARD VICE CHAIR 0.0 0.0 X X 0 0 0 KRAMER RONALD BOARD VICE CHAIR 0.0 0.0 X X 0 0 0 HEWITT EDWARD SECRETARY 0.0 0.0 X X 0 0 0 BUNN DEBRA TREASURER/CHAIR FIN. COMMIT. 0.0 0.0 X X 0 0 0 ATHERTON III THOMAS H TRUSTEE 0.0 0.0 X 0 0 0 PATRICK ZELDA TRUSTEE 0.0 0.0 X 0 0 0 WHITMORE HOBIE TRUSTEE 0.0 0.0 X 0 0 0 XIE LING CFO 0.0 0.0 X 0 0 0 0 0 0 0 false false false 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 108157 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 780838 0 0 0 0 0 0 0 888995 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 334663 0 554332 0 888995 0 888995 0 X 0 -888995 X false false false X 71218 64366 62 35421 0 171067 0 0 71218 64366 62 35421 0 171067 120999 50068 0 0 0 171067 0.29268 0.27875 X 636818 -82486 554332 500070 136748 636818 497896 350 1824 500070 491015 30693 521708 SCHEDULE D, PART V THE FOUNDATION'S ENDOWMENT CONSISTS OF CASH AND INVESTMENTS ESTABLISHED FOR THE PRIMARY PURPOSE OF PROVIDING SCHOLARSHIPS TO LOW-INCOME STUDENTS. CASH 2022-10-24 108157 COST 540793766 CAPE HENRY COLLEGIATE SCHOOL INC 1320 MILL DAM ROAD VIRGINIA BEACH VA 23454 501(C)(3) INVESTMENTS 2022-10-24 780838 COST 540793766 CAPE HENRY COLLEGIATE SCHOOL INC 1320 MILL DAM ROAD VIRGINIA BEACH VA 23454 501(C)(3) false false false false true true true true false FORM 990, SCHEDULE N, PART I, LINE 2A: The Cape Henry Collegiate School Students' Assistance Foundation, Inc. and Cape Henry Collegiate School, Inc. are affiliated entities as disclosed in previous 990s. The Executive Committee of the School serves as the Board of Trustees for the Students' Assistant Foundation. FORM 990, PART III, LINE 3: The Foundation was officially dissolved and merged into Cape Henry Collegiate School on October 24, 2022. The two named endowment funds from the Foundation remain intact and as part of the School's endowment funds and the quasi board designated funds accumulated in the Foundation have been restricted by the School's Board of Trustee for use to supplement financial aid, consistent with the mission of the Students' Assistance Foundation." FORM 990, PART VI, SECTION B, LINE 11B: THE CHIEF FINANCIAL OFFICER AND CHAIR OF THE FINANCE COMMITTEE REVIEW THE FORM 990 IN DETAIL AND PRESENT THE FORM 990 TO THE STUDENTS' ASSISTANCE FOUNDATION BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: CONFLICT OF INTEREST STATEMENTS ARE SIGNED ANNUALLY BY ALL MEMBERS OF THE bOARD OF TRUSTEES AND OFFICERS IN CONJUNCTION WITH THE PROCESS CONDUCTED BY CHC. SHOULD A RELATIONSHIP OR TRANSACTION REQUIRE IT, ANY BOARD MEMBER OR KEY EMPLOYEE IS ASKED TO RECUSE THEMSELVES. TRANSACTIONS INVOLVING A POTENTIAL CONFLICT OF INTEREST ARE DISCUSSED BY THE BOARD. THE FOUNDATION'S MANAGEMENT ENSURES THAT ANY CONTRACTS WITH BOARD MEMBERS OR OFFICERS ARE RECEIVED AT OR BELOW FAIR MARKET VALUE. FORM 990, PART VI, SECTION C, LINE 19: THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CAPE HENRY COLLEGIATE SCHOOL STUDENTS' ASSISTANCE FOUNDATION, INC TRANSFERRED ALL ASSETS OF $888,995 TO CAPE HENRY COLLEGIATE SCHOOL, INC AS PART OF THE ORGANIZATION BEING DISSOLVED. CAPE HENRY COLLEGIATE SCHOOL INC 1320 MILL DAM RD VIRGINIA BEACH VA 23454 540793766 EDUCATION VA 501(c)(3) 2 NA false false false false false false false false false false false false false false false false false false false false