2023-11-07T08:19:36-06:00 2022-12-31 520982413 GROSS MENDELSOHN & ASSOCIATES PA 1801 PORTER STREET SUITE 500 BALTIMORE MD 21230 990 2022-01-01 237045244 AMERICAN FOREIGN SERVICE ASSOCIATION SCHOLARSHIP FUND AMER 2023384045 2101 E STEET NW WASHINGTON DC 20037 ASGEIR SIGFUSSON EXECUTIVE DIRECTOR 2023384045 2023-11-07 1 ASGEIR SIGFUSSON XXX-XX-XXXX 0 JENNIFER ROCK P01083312 4106855512 2023-11-03 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z ASGEIR SIGFUSSON 2101 E STEET NW WASHINGTON DC 20037 1250788 0 X WWW.AFSA.ORG/AFSA-SCHOLARSHIPS X 1972 DC PROVIDE NEED BASED SCHOLARSHIPS & ACADEMIC & MERIT AWARDS FOR FOREIGN SERVICE HIGH SCHOOL SENIORS. 19 19 0 62 0 0 87114 97759 0 0 889821 441302 0 0 976935 539061 401732 326500 0 0 99331 143681 0 0 0 115015 112236 616078 582417 360857 -43356 14112327 15575557 208984 4113809 13903343 11461748 THE AFSA SCHOLARSHIP PROGRAM PROVIDES TO CHILDREN OF FOREIGN SERVICE EMPLOYEES WHO ARE AFSA MEMBERS: NEED-BASED, FINANCIAL AID SCHOLARSHIPS (FOR UNDERGRADUATE STUDY) AND ONE-TIME ONLY ACADEMIC AND ART MERIT SCHOLARSHIPS (FOR HIGH SCHOOL SENIORS). 0 0 390640 326500 SCHOLARSHIPS: THE AFSA SCHOLARSHIP PROGRAM OFFERS COLLEGE AID TO CHILDREN OF AFSA MEMBERS WHOS PARENTS ARE/WERE FOREIGN SERVICE EMPLOYEES. WE PROVIDE FINANCIAL AID SCHOLARSHIPS TO UNDERGRADUATES AND ACADEMIC MERIT AWARDS, ART MERIT AWARDS, AND A COMMUNITY SERVICE AWARD TO GRADUATING HIGH SCHOOL SENIORS. THE ABOVE ACTIVITIES COULD NOT HAPPEN WITHOUT THE GENEROUS BEQUESTS AND DONATIONS FROM THOSE IN THE FOREIGN SERVICE COMMUNITY. NO AFSA MEMBERSHIP DUES ARE USED IN THE AFSA SCHOLARSHIP PROGRAM. THIS ROBUST AFSA MEMBER BENEFIT HAS DISBURSED MORE THAN $4.9 MILLION TO 2,500 STUDENTS IN THE LAST 28 YEARS. 390640 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X FEMI OSHOBUKOLA 2023384045 2101 E STREET NW WASHINGTON DC 20037 ASEGIR SIGFUSSON EXECUTIVE DIRECTOR 5.00 35.00 X 0 192554 28613 FEMI OSHOBUKOLA DIRECTOR OF FINANCE 5.00 35.00 X 0 137501 7675 ERIC RUBIN PRESIDENT 5.00 35.00 X X 0 0 0 THOMAS YAZDGERDI STATE VICE PRESIDENT 5.00 35.00 X X 0 0 0 JASON SINGER USAID VICE PRESIDENT 5.00 35.00 X X 0 0 0 CHARLES RANADO FCS VICE PRESIDENT 5.00 35.00 X X 0 0 0 LISA AHRAMJIAN FAC VICE PRESIDENT 5.00 35.00 X X 0 0 0 JOHN NALAND RETIREE VICE PRESIDENT 0.50 1.00 X X 0 0 0 JOSHUA ARCHIBALD STATE VICE PRESIDENT 0.50 1.00 X X 0 0 0 SUE SAARNIO SECRETARY 0.50 1.00 X X 0 0 0 JOHN O'KEEFE TREASURER 0.50 1.00 X X 0 0 0 PHIL SHULL RETIREE REPRESENTATIVE 0.50 1.00 X 0 0 0 MARY DALY RETIREE REPRESENTATIVE 0.50 1.00 X 0 0 0 STEVE HERMAN USAGM REPRESENTATIVE 0.50 1.00 X 0 0 0 JAY SINGH USAID REPRESENTATIVE 0.50 1.00 X 0 0 0 RUSSELL DUNCAN APHIS REPRESENTATIVE 0.50 1.00 X 0 0 0 MARIA HART STATE REPRESENTATIVE 0.50 1.00 X 0 0 0 CAMILLE DOCKERY STATE REPRESENTATIVE 0.50 1.00 X 0 0 0 KIMBERLY HARRINGTON STATE REPRESENTATIVE 0.50 1.00 X 0 0 0 CHRSITEN MACHAK STATE REPRESENTATIVE 0.50 1.00 X 0 0 0 HUI JUN TINA WONG STATE REPRESENTATIVE 0.50 1.00 X 0 0 0 0 330055 36288 0 0 1 0 0 97759 97759 269070 269070 883959 711727 172232 172232 172232 539061 0 0 441302 326500 326500 22117 1257 20860 107621 52154 55467 4154 1565 2589 723 700 23 9066 3150 5916 1464 1464 71878 71878 15705 2300 13405 5546 2731 2815 6388 6388 5064 5064 283 283 11 11 3989 3989 1651 1651 TAXES AND LICENSES 257 257 582417 390640 191777 0 1105260 882803 10 10 117500 129000 11739726 9553751 1149831 5009993 14112327 15575557 9600 12935 199384 4100874 208984 4113809 X 13903343 11461748 13903343 11461748 14112327 15575557 X -43356 -2184006 -214233 X X 0 1 X 1 0 X 683749 227862 62674 87114 97759 1159158 683749 227862 62674 87114 97759 1159158 110210 1048948 244114 270090 299071 330848 269070 1413193 2572351 0.40780 0.39530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 348634 -54703 293931 248164 100470 348634 235590 12574 248164 225908 9682 235590 212747 13161 225908 0.00000 0.57344 0.42656 0 0 0 BENEFICIAL INTEREST IN A TRUSTS 935598 DUE FROM AFFILIATES 4074395 5009993 DUE TO AFFILIATES 4100874 4100874 X PART X, LINE 2: THE SCHOLARSHIP FUND ADOPTED THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE SCHOLARSHIP FUND EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. 1 SCHOLARSHIP AND MERIT AWARDS 113 326500 PART I, LINE 2: THE AMERICAN FOREIGN SERVICE ASSOCIATION (AFSA) FINANCIAL AID SCHOLARSHIP PROGRAM PROVIDES NEED-BASED UNDERGRADUATE COLLEGE SCHOLARSHIPS FOR FOREIGN SERVICE CHILDREN. THE STUDENTS SUBMIT APPLICATIONS, THEIR COLLEGE TRANSCRIPT AND THE CSS PROFILE (THE FINANCIAL ASSESMENT INSTRUMENT OFFERED BY THE COLLEGE SCHOLARSHIP SERVICE) TO DETERMINE THEIR ELIGIBILITY. IF THE STUDENT QUALIFIES FOR AN AWARD, THE COLLEGES AND UNIVERSITITIES MONITOR THE STUDENT'S GRADE POINT AVERAGE AND CREDIT HOUR COURSE LOAD. IF THE STUDENT DOESN'T MEET THE AFSA REQUIREMENTS, THE COLLEGE DOES NOT RELEASE THE FUNDS THAT WERE SENT TO THEM IN THE STUDENT'S NAME AND SEND BACK THE SCHOLARSHIP TO AFSA THAT WAS BESTOWED TO THE STUDENT. AFSA ALSO CAN DISQUALIFY THE STUDENT FOR NOT SUBMITTING HIS/HER DONOR THANK YOU LETTER. APPLICANTS NEED TO REAPPLY FOR THIS AWARD EVERY YEAR. X X 0 0 0 0 0 0 0 0 0 ASEGIR SIGFUSSON EXECUTIVE DIRECTOR 0 188494 0 2500 0 1560 0 8545 0 20068 0 221167 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE, MANAGEMENT AND AUDIT COMMITTEE REVIEWS DRAFT 990 AND REPORTS TO THE GOVERNING BOARD UPON FILING. A COPY OF THE RETURN IS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT AND THE BOARD MEMBERS ARE RESPONSIBLE FOR REGULARLY AND CONSISTENTLY MONITORING AND ENFORCING THE CONFLICT OF INTEREST POLICY. THEY ARE REQUIRED TO SIGN THE COI POLICY STATING THEIR UNDERSTANDING OF THE POLICY AND WILL REPORT PROMPTLY A POTENTIAL CONFLICT OF INTEREST. THE FOLLOWING EXPLANATION DESCRIBES WHAT HAPPENS WHEN A CONFLICT IS SUSPECTED OR REPORTED. ANY POSSIBLE CONFLICT OF INTEREST SHALL BE DISCLOSED TO THE PRESIDENT OF THE ASSOCIATION, OR TO ANOTHER OFFICER OR TO THE BOARD, AS CIRCUMSTANCES REQUIRE, BY THE INTERESTED PERSON OR ANY OTHER KNOWLEDGEABLE MEMBER OF THE BOARD OR STAFF MEMBER OF AMERICAN FOREIGN SERVICE ASSOCIATION. WHERE ANY SUCH CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRE ACTION BY THE BOARD, THE POTENTIAL CONFLICT OF INTEREST SHALL BE DISCLOSED TO THE BOARD PRIOR TO ANY VOTE ON THE MATTER. THE INTERESTED PERSON SHALL NOT VOTE ON SUCH MATTER, PARTICIPATE IN DELIBERATIONS CONCERNING IT, OR USE PERSONAL INFLUENCE IN ANY WAY IN THE MATTER. THE INTERESTED PERSON SHALL NOT COUNT TOWARD THE QUORUM OR ANY VOTE ON THE MATTER. THE MINUTES OF THE MEETING SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED AND THAT THE INTERESTED PERSON WAS NOT PRESENT DURING THE FINAL DISCUSSIONS OR VOTE AND DID NOT VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE BYLAWS ARE POSTED ON THE ORGANIZATION'S WEBSITE AND THE CONFLICT OF INTEREST POLICY IS AVAILABLE FOR VIEWING AT THE ORGANIZATION'S OFFICE OR UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL TRUST -214,233. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE CURRENT YEAR. AMERICAN FOREIGN SERVICE ASSOCIATION 2101 E STREET NW WASHINGTON DC 20037 530173091 MEMBER SERVICES DC 501(C)(5) N/A N/A 0 FUND FOR AMERICAN DIPLOMACY 2101 E STREET NW WASHINGTON DC 20037 526078372 OUTREACH ACTIVITIES DC 501(C)(3) LINE 12A, I AMERICAN FOREIGN SERVICE ASSOCIATION 0 AMERICAN FOREIGN SERVICE ASSOCIATION - PAC 2101 E STREET NW WASHINGTON DC 20037 043620266 PAC DC 527 N/A AMERICAN FOREIGN SERVICE ASSOCIATION 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 AMERICAN FOREIGN SERVICE ASSOCIATION P 399500 FAIR VALUE