2026-05-15T11:16:53-05:00 2025-12-31 770051130 ABBOTT STRINGHAM & LYNCH 1901 S BASCOM AVE SUITE 105 CAMPBELL CA 95008 990 2025-01-01 471589441 COBELL BOARD OF TRUSTEES COBE 7024290203 555 13TH STREET NW WASHINGTON DC 20004 ALEX PEARL CHAIRMAN 7024290203 2026-05-15 1 SHEBA B DALANEY P00351252 4083778700 2026-05-15 2025 2025-03-06 01:10:19Z ALEX PEARL 555 13TH STREET NW WASHINGTON DC 20004 52180654 0 X WWW.COBELLSCHOLAR.ORG X 2014 DC TO OVERSEE THE DISTRIBUTION OF SCHOLARSHIPS FOR NATIVE AMERICAN AND ALASKAN NATIVE STUDENTS. 5 5 0 3 0 0 0 0 0 0 5626652 5272872 0 34542188 5626652 39815060 9946002 8500797 0 0 100000 100000 0 0 0 2074705 2293748 12120707 10894545 -6494055 28920515 175705919 221289029 4100 4100 175701819 221284929 X THE COBELL BOARD OF TRUSTEES WAS CREATED TO IMPLEMENT AND ADMINISTER THE COBELL SCHOLARSHIP FUND CREATED UNDER P.L. 111-291, AS A RESULT OF LITIGATION COMMONLY KNOWN AS COBELL VS. SALAZAR. THE FUND IS TO PROVIDE AND EXPAND ACADEMIC OPPORTUNITIES FOR HIGHER EDUCATION TO QUALIFYING NATIVE AMERICAN AND ALASKA NATIVE STUDENTS. THIS WILL BE ACHIEVED BY PRUDENT AND FAIR ADMINISTRATION, INVESTMENT AND DISTRIBUTION OF FUNDS FOR EDUCATIONAL SCHOLARSHIPS. 0 0 10493797 8500797 34542188 SCHOLARSHIP DISTRIBUTION -DISTRIBUTION OF SCHOLARSHIPS TO QUALIFIYING NATIVE AMERICAN AND ALASKA NATIVE STUDENTS ATTENDING ACCREDITED NON-PROFIT, PUBLIC AND PRIVATE HIGHER EDUCATIONAL INSTITUTIONS WHO DEMONSTRATE AN UNMET NEED BASED ON SPECIFIC CRITERIA. 10493797 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X STEPHANIE WHITE 7252582848 1180 N TOWN CENTER DR SUITE 100 LAS VEGAS NV 89144 ALEX PEARL CHAIRMAN & CEO 10.00 X X 50000 0 0 TURK COBELL PRESIDENT & TREASURER 10.00 X X 50000 0 0 PAMELA AGOYO SECRETARY 10.00 X X 0 0 0 JEAN O'BRIEN TRUSTEE 10.00 X 0 0 0 DOROTHY A NASON TRUSTEE 10.00 X 0 0 0 100000 0 0 0 0 0 0 INDIGENOUS EDUCATION INC 6501 AMERICAS PARKWAY NE SUITE 825 ALBUQUERQUE NM 87110 SCHOLARSHIP ADMINSTRATION 1993000 1 3618913 3618913 14019553 12365594 1653959 1653959 1653959 SETTLEMENT PAYMENTS RECEIVED 900099 34542188 34542188 34542188 39815060 34542188 0 5272872 X 8500797 8500797 100000 100000 101 101 21484 21484 208546 208546 1993000 1993000 43732 43732 45 45 13888 13888 7050 7050 5902 5902 10894545 10493797 400748 0 4279793 337892 171426126 220951137 175705919 221289029 4100 4100 4100 4100 X 175701819 221284929 175701819 221284929 175705919 221289029 28920515 16662595 0 X X 0 1 X 1 0 X 1510254 692 3319 34542188 36056453 1510254 692 3319 34542188 36056453 36056453 2200674 2471007 2765811 3169919 3618913 14226324 50282777 0.71710 0.12120 X 0 X 56477655 16662595 16662595 39815060 0 39815060 10894545 0 10894545 0 10894545 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ACCORDINGLY, NO INCOME TAX IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER IRC SECTION 509(A); THEREFORE, DONATIONS QUALIFY FOR MAXIMUM CHARITABLE CONTRIBUTION DEDUCTIONS UNDER IRC SECTION 170(B) (1) (A) (VI). AS OF DECEMBER 31, 2025, THE ORGANIZATION HAD NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS UNDER ASC TOPIC 740, INCOME TAXES, REQUIRING ADJUSTMENTS TO ITS FINANCIAL STATEMENTS. IN THE EVENT THE ORGANIZATION WERE TO RECOGNIZE INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IT WOULD BE RECOGNIZED IN THE FINANCIAL STATEMENTS AS INTEREST EXPENSE FOR INTEREST AND MISCELLANEOUS FOR PENALTIES. GENERALLY, THE PRIOR THREE YEARS' TAX RETURNS ARE OPEN TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES; HOWEVER, THE ORGANIZATION IS OPEN TO 2022, 2023, AND 2024. IN ADDITION, THERE ARE NO INCOME TAX EXAMINATIONS CURRENTLY IN PROCESS. PART XII, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 1 HIGHER EDUCATION SCHOLARSHIPS 2903 8500797 FAIR MARKET VALUE - CASH PART I, LINE 2: THE PROCESS BY WHICH GRANT FUNDS ARE MONITORED IS BY CONFIRMATION OF THE APPROPRIATE ALLOCATION AND MAXIMUM AMOUNT OF UNDERGRADUATE AND GRADUATE STUDENT'S SCHOLARSHIPS. ADDITIONALLY, A SPECIFIC REPORT IS PREPARED ANNUALLY DETAILING STUDENT AND SCHOLARSHIP DATA; THIS REPORT IS REQUIRED BY LAW AND IS REVIEWED BY THE ORGANIZATION'S ATTORNEY AND THE DEPARTMENT OF INTERIOR. FORM 990, PART VI, SECTION B, LINE 11B REVIEW WITH OUR GENERAL COUNSEL AT THE NEXT TRUSTEE MEETING AFTER RECEIVING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY AND REQUIRED DISCLOSURES ARE REVIEWED THROUGHOUT THE YEAR DURING MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 RESEARCH AND OPINION FROM LEGAL COUNSEL FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G SCHOLARSHIP ADMINISTRATION FEES: PROGRAM SERVICE EXPENSES 1,993,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,993,000. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.