2024-01-25T15:55:42-06:00 2023-09-30 882730877 CHERRY BEKAERT ADVISORY LLC 222 CENTRAL PARK AVE STE 1400 VIRGINIA BEACH VA 23462 990EZ 2022-10-01 472360748 NANSEMOND-SUFFOLK ACADEMY EDUCATIONAL FOUNDATION NANS 7575398789 3373 PRUDEN BLVD SUFFOLK VA 23434 DOUGLAS C NAISMITH PRESIDENT 7575398789 2024-01-19 1 DOUGLAS NAISMITH 999009999 1 PAULA WENDLING P00536805 7574562400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X N/A X X 173171 X 173166 5 173171 187500 6692 194192 -21021 54558 0 33537 54558 33537 54558 33537 0 0 54558 33537 X THE MISSION OF NANSEMOND-SUFFOLK ACADEMY EDUCATIONAL FOUNDATION (THE "FOUNDATION") IS TO PROVIDE NEED BASED FINANCIAL AID FOR LOW INCOME STUDENTS ATTENDING NANSEMOND-SUFFOLK ACADEMY ASSOCIATION, INC. (THE "ACADEMY"), A VIRGINIA NON-STOCK CORPORATION, A TAX EXEMPT 501(C)(3) INSTITUTE, OR FOR STUDENTS RESIDING IN THE COMMONWEALTH OF VIRGINIA, WHOSE FAMILIES MEET GUIDELINES ESTABLISHED BY THE COMMONWEALTH OF VIRGINIA RELATIVE TO THE POVERTY LEVEL. THE FOUNDATION SUPPORTS THE ACADEMY AND AT LEAST ONE OTHER EDUCATIONAL INSTITUTION, WHICH THE FOUNDATION HAS DESIGNATED AS STONEBRIDGE SCHOOL. TO PROVIDE NEED BASED FINANCIAL AID FOR LOW INCOME STUDENTS RESIDING IN THE COMMONWEALTH OF VIRGINIA. A TOTAL OF 75 SCHOLARSHIPS WERE MADE DURING FISCAL YEAR 2023. 187500 187500 187500 DOUGLAS C NAISMITH PRESIDENT 5.00 0 0 0 MCLEMORE J BIRDSONG JR VICE PRESIDENT 1.00 0 0 0 S PAUL HUBER TREASURER 1.00 0 0 0 WHITNEY G SAUNDERS SECRETARY 1.00 0 0 0 JOHN M COUNCIL DIRECTOR 1.00 0 0 0 COREY RUSSELL DIRECTOR 1.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VA ANGELA THOMPSON 3373 PRUDEN BLVD SUFFOLK VA 23434 7575398789 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 195000 209749 281300 185500 173166 1044715 195000 209749 281300 185500 173166 1044715 656700 388015 4 344 4 4 5 361 1045076 0.37130 0.33670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INTEREST INCOME. AMOUNT: 5. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: NANSEMOND SUFFOLK ACADEMY ASSOCIATION, INC.. GRANTEE ADDRESS: 3373 PRUDEN BLVD. SUFFOLK, VA 23434. AMOUNT GIVEN: 180,000. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: STONEBRIDGE SCHOOL. GRANTEE ADDRESS: 1629-A JOLLIFF ROAD CHESAPEAKE, VA 23321. AMOUNT GIVEN: 7,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 187,500. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: ADMINISTRATIVE EXPENSES. AMOUNT: 6,692. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.