2024-05-13T15:19:58-07:00 2023-06-30 814391439 Jennifer Weiss-Heery CPA 15720 Brixham Hill Ave 300 Charlotte NC 28277 990 2022-07-01 810834789 ANSWER Scholarship Inc ANSW 7045441988 9805 Sandy Rock Pl C 208 Charlotte NC 28277 Susan Andersen Executive Director 2024-05-13 true Susan Andersen 999009999 true Jennifer Weiss P01231457 7043694872 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z 9805 Sandy Rock Pl C 208 Charlotte NC 28277 242535 false X WWW.ANSWERSCHOLARSHIP.ORG X 2015 NC To mentor and prepare mothers of school-age children to achieve a college education and inspire them to be role models of academic, personal, and professional success for their children. 12 11 3 60 0 315901 234777 0 170 170 861 -4660 316932 230287 66732 73288 0 32802 84695 0 62056 126790 122974 226324 280957 90608 -50670 272743 227507 1963 1482 270780 226025 To mentor and prepare mothers of school-age children to achieve a college education and inspire them to be role models of academic, personal, and professional success for their children. false false 92561 MENTORS FOR MOM PROGRAM - ONE OF THE MOST IMPACTFUL THINGS WE DO FOR OUR SCHOLARS IS CONNECT THEM WITH A VOLUNTEER MENTOR THROUGH OUR MENTORS FOR MOM PROGRAM. MENTORS OFFER OUR SCHOLARS SUPPORT AND GUIDANCE ON BALANCING FAMILY, WORK AND SCHOOL. SCHOLARS MEET REGULARLY WITH THEIR MENTORS FOR ADVICE, MOTIVATION, OR SIMPLY AS A SOUNDING BOARD. SCHOLARS AND MENTORS ALSO CONVENE MONTHLY AS A GROUP, WHERE THEY SHARE EXPERIENCES AND LEARN FROM EXPERTS ON ESSENTIAL TOPICS, SUCH AS FINANCIAL PLANNING, PROFESSIONAL DEVELOPMENT AND WOMEN'S HEALTH. SCHOLARS MUST PARTICIPATE IN THE MENTORS FOR MOM PROGRAM AS PART OF THE SCHOLARSHIP TERMS. THIS PROGRAM IS UTILIZED TO GAUGE HOW WELL THE SCHOLARS ARE DOING IN SCHOOL, ALLOWING US TO IDENTIFY AND RESOLVE ISSUES BEFORE THEY BECOME SETBACKS. 73288 73288 IN FISCAL YEAR 2023, ANSWER SCHOLARSHIP, INC. PAID $73,288 TO AN ENDOWMENT FUND HELD AT FOUNDATION FOR THE CAROLINAS. THE ENDOWMENT FUND IS CALLED THE ANSWER SCHOLARSHIP ENDOWMENT. ANSWER INC. UTILIZES THIS FUND AS A MEANS TO PROVIDE SCHOLARSHIPS FOR STUDENTS. IN 2023, FOUNDATION FOR THE CAROLINAS AWARDED $94,925 IN SCHOLARSHIPS TO ANSWER INC. SCHOLARS, $73,288 OF WHICH WAS PROVIDED BY ANSWER INC. THE REMAINING $21,637 WAS PROVIDED BY THE ENDOWMENT. 165849 true true false false false false false false false true false false false false true false false false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 9 0 true 3 true false false false false false false false 0 false false false false false false false X 12 11 false false false false false false false true false false false true true false false true true false false false NC X X Susan Andersen 7045441988 9805 Sandy Rock Pl Suite C 208 Charlotte NC 28277 Susan Andersen CEO 35.00 0.00 X X 20104 0 6547 Russell Blaise Director 1.00 0.00 X 0 0 0 Tani Seymore Treasurer 3.00 0.00 X X 0 0 0 Kevin MacMurphy Director 2.00 0.00 X 0 0 0 Brian Wallace Director 5.00 0.00 X 0 0 0 Paula Goolkasian Secretary 2.00 0.00 X X 0 0 0 Decora Cooper Director 1.00 0.00 X 0 0 0 Vidya Parthasarathy Director 1.00 0.00 X 0 0 0 Felix Nater Director 2.00 0.00 X 0 0 0 Lori Myers Director 2.00 0.00 X 0 0 0 Gwyndolan Swain Director 2.00 0.00 X 0 0 0 LaWanda Goodman Director 2.00 0.00 X 0 0 0 Teri Kubbs Director 2.00 0.00 X 0 0 0 Sharon Townsend Director 2.00 0.00 X 0 0 0 20104 6547 0 false false false 0 43590 191187 2489 234777 0 209 209 0 0 0 2450 2489 -39 -39 -39 5099 43590 9759 -4660 0 0 0 230287 170 X 73288 73288 0 0 0 34047 11349 11349 11349 0 45756 26833 18923 0 789 789 4103 1354 1395 1354 0 48 48 3400 3400 0 0 550 550 73008 25125 21843 26040 6594 5669 925 3549 3487 62 1596 798 798 0 0 2342 1034 876 432 0 0 0 0 0 1435 1435 Program Expenses 13408 13408 Annual Luncheon 8442 8442 Donor Appreciation 4144 2072 2072 Dues and Subscriptions 3598 731 1906 961 860 860 280957 165849 53052 62056 86020 71177 186723 156330 0 0 0 0 0 0 0 0 0 0 0 0 0 272743 227507 1963 1482 1963 1482 X 270780 216025 10000 270780 226025 272743 227507 -50670 5915 X true X false true false X 150278 286538 204042 315901 234777 1191536 0 0 150278 286538 204042 315901 234777 1191536 293466 898070 583 553 115 170 209 1630 6264 -1686 -9007 861 -4660 -8228 0 1184938 0.75790 0.75210 X Support Schedule: Additional Supplemental Information ANSWER Scholarship, Inc. was on a short year from 1/1/2019-6/30/2019. Part II, Sec. A, Column (b) includes support details for the 18 month period 1/1/2019 to 7/30/2020. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57187 5914 510 62591 66793 -9081 525 57187 51654 15643 504 66793 1.00000 true false false Credit Card 427 Payroll Taxes 1055 1482 Part V, Line 4: Intended uses of the endowment fund. The Quasi Endowment was established for us to invest for a rainy day. The Quasi allows us to withdraw a percentage every year if needed. We can also draw down the account to $0, if needed. X X X X false NC Tailgate 27276 23450 3826 400 650 773 500 1392 Pancake Breakfast 15213 13940 1273 1900 1 6200 6200 4144 48689 43590 5099 400 650 4917 500 3292 9759 -4660 true Foundation for the Carolinas 220 North Tryon Street Charlotte NC 28202 566047886 73288 0 Scholarships 1 0 Grantmaker's Description of How Grants are Used A Selection Committee is appointed by the Board of Directors. The Selection Committee reviews scholarship applications and determines which potential scholars meet eligibility requirements. Qualifying candidates are interviewed in person with a panel of 5-6 members of the Selection Committee. After all interviews are completed, the Selection Committee recommends the scholars to receive an award. After the scholars are selected, they are paired with a mentor who helps ensure they meet the requirements in their scholarship agreement, including participation in the Mentors for Mom program. Form 990, Part VI, Section B, Line 11b AN INDEPENDENT CPA FIRM PREPARES THE FORM 990. THE CEO, TREASURER, AND FINANCE COMMITTEE MEMBERS REVIEW AND APPROVE THE FORM 990. THE REVIEWED FORM 990 IS THEN PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. THE BOARD MEMBERS ARE GIVEN A PERIOD OF TIME TO REVIEW AND RAISE ANY QUESTIONS BEFORE THE 990 IS FILED. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. A PUBLIC COPY OF THE FORM 990 IS PROVIDED ON THE ORGANIZATION'S WEBSITE.