2024-10-01T08:32:15-05:00 2024-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-07-01 521851346 CARSON SCHOLARS FUND INC CARS 4108281005 215 WASHINGTON AVENUE 250 TOWSON MD 21204 GRAYLIN E SMITH TREASURER 4108281005 2024-10-01 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2023 2024-10-15 13:58:12Z X NANCY GRASMICK 215 WASHINGTON AVENUE 250 TOWSON MD 21204 2133417 0 X WWW.CARSONSCHOLARS.ORG X 1994 MD THE FUND RECOGNIZES AND REWARDS PROMISING STUDENTS IN GRADES 4-11 WITH SCHOLARSHIPS TO COLLEGE. 20 19 14 310 0 0 1055210 1161357 199115 132115 474607 595783 101810 91442 1830742 1980697 482000 616000 0 0 672317 837913 0 0 73720 650086 860769 1804403 2314682 26339 -333985 16271930 16376052 3490116 3411247 12781814 12964805 X THE MISSION OF CARSON SCHOLARS FUND IS TO RECOGNIZE AND REWARD STUDENTS IN GRADES FOUR THROUGH ELEVEN WHO HAVE EARNED THE HIGHEST LEVEL OF ACADEMIC ACHIEVEMENT AND COMMUNITY SERVICE BY PROVIDING THEM WITH COLLEGE SCHOLARSHIPS. EMPHASIS IS (CONTINUED ON SCHEDULE O) PLACED ON STUDENTS' PERFORMANCE AND DESIRE TO MAINTAIN A STRONG ACADEMIC RECORD, AS WELL AS HUMANISTIC QUALITIES THAT HAVE A POSITIVE IMPACT ON SOCIETY. CARSON SCHOLARS FUND ALSO PROVIDES FUNDING TO SCHOOLS TO BUILD AND MAINTAIN "BEN CARSON READING ROOMS" - WARM, INVITING ROOMS WHERE CHILDREN CAN DISCOVER THE JOY OF INDEPENDENT, LEISURE READING. 0 0 1435022 616000 137856 SCHOLARSHIPS: THE CARSON SCHOLARS FUND HAS AWARDED MORE THAN 11,600 SCHOLARSHIPS (REPRESENTING 10,909 STUDENTS) IN ALL FIFTY STATES AND WASHINGTON, DC. OVER 895 COLLEGES AND UNIVERSITIES HAVE (OR HAD) CARSON SCHOLARS. THE CARSON SCHOLARS FUND HAS AN ALUMNI NETWORK OF OVER 9,550 (SCHOLARS OLD ENOUGH TO HAVE GRADUATED FROM HIGH SCHOOL). OVER 7,300 SCHOLARS HAVE USED AT LEAST PART OF THEIR SCHOLARSHIP. MORE THAN $10,000,000 HAS BEEN PAID OUT ON BEHALF OF OUR SCHOLARS. IN 2024, A TOTAL OF 1,506 (570 NEW SCHOLARS AND 936 PREVIOUS SCHOLARS) WERE HONORED AT REGIONAL AWARDS CEREMONIES. AS OF 2024, THERE ARE MORE THAN 5,300 SCHOLARS WHO HAVE BEEN RECOGNIZED BY THE CARSON SCHOLARS FUND MULTIPLE TIMES. 649245 READING ROOMS: THE BEN CARSON READING PROJECT HAS ESTABLISHED 286 BEN CARSON READING ROOM AND SERVES STUDENTS IN 23 STATES AND WASHINGTON, DC. SINCE ITS INCEPTION IN 2000, THE PROJECT HAS DISPERSED APPROXIMATELY 4 MILLION DOLLARS TO SCHOOLS TO CREATE READING OASES. OVER 143,500 HIGH-INTEREST BOOKS HAVE BEEN MADE AVAILABLE IN READING ROOM SCHOOLS, INSPIRING STUDENTS TO REACH THEIR FULL LITERACY POTENTIAL. 2084267 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 3 0 1 14 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X KATIE COLEMAN 4108281005 215 WASHINGTON AVENUE 250 TOWSON MD 21204 DR BEN CARSON CO-FOUNDER/BOARD MEMBER 5.00 X 0 0 0 CANDY CARSON CO-FOUNDER/EXECUTIVE SECRETARY 5.00 X X 0 0 0 LEE WARNER CHAIRMAN 3.00 X X 0 0 0 NANCY GRASMICK PRESIDENT 3.00 X X 0 0 0 WES GUCKERT VICE PRESIDENT 3.00 X X 0 0 0 GRAYLIN SMITH TREASURER 3.00 X X 0 0 0 BENJAMIN CARSON JR SECRETARY 3.00 X X 0 0 0 DAVID BOWER BOARD MEMBER 1.00 X 0 0 0 MURRAY CARSON BOARD MEMBER 1.00 X 0 0 0 GREGG COOPER BOARD MEMBER 1.00 X 0 0 0 CORDELL CARTER II BOARD MEMBER (FROM 2/2024) 1.00 X 0 0 0 CODY CROWELL BOARD MEMBER 1.00 X 0 0 0 FRAN DONAHUE BOARD MEMBER 1.00 X 0 0 0 ZACH DUDAN BOARD MEMBER (FROM 11/2023) 1.00 X 0 0 0 ELAINE CLANCY BOARD MEMBER (UNTIL 2/2024) 1.00 X 0 0 0 DAVID KASPARY JR BOARD MEMBER (FROM 2/2024) 1.00 X 0 0 0 RYAN MILLER BOARD MEMBER 1.00 X 0 0 0 YVES MOMBELEUR BOARD MEMBER (FROM 2/2024) 1.00 X 0 0 0 TONY ROSE BOARD MEMBER 1.00 X 0 0 0 ANTHONY TATA BOARD MEMBER (FROM 11/2023) 1.00 X 0 0 0 JOHN VINGSEN BOARD MEMBER (FROM 2/2024) 1.00 X 0 0 0 KATIE COLEMAN EXECUTIVE DIRECTOR (FROM 8/2023) 35.00 X 62500 0 0 AMY WARNER EXECUTIVE DIRECTOR EMERITA 35.00 X 150000 0 17967 212500 0 17967 1 0 1 0 0 101147 1060210 134852 1161357 AWARDS EVENT 900099 132115 132115 132115 390424 390424 309300 103941 205359 205359 205359 35402 101147 42540 -7138 -7138 11980 6239 5741 5741 EXPIRED SCHOLARSHIPS 900099 91293 91293 MISCELLANEOUS 900099 1546 1546 92839 1980697 137856 0 681484 616000 616000 283931 198752 56786 28393 407261 351351 28339 27571 65483 52899 7437 5147 22382 19241 1612 1529 58856 47009 7115 4732 138 110 28 39550 31640 7910 1310 1310 47518 41009 4207 2302 53770 43016 10754 73334 58667 14667 17519 14015 3504 4214 2107 421 1686 10595 7175 3420 AWARDS EVENT 264014 264014 READING PROJECT 234875 234875 SCHOLARSHIPS - INTEREST 91208 91208 CREDIT CARD PROC. FEES 10499 8399 1050 1050 12225 2780 9445 2314682 2084267 156695 73720 2035270 2042922 1557664 934392 1266376 1244626 43510 42270 10791457 11524188 577653 587654 16271930 16376052 32290 42564 3387226 3354247 70600 14436 3490116 3411247 X 4588853 4587570 8192961 8377235 12781814 12964805 16271930 16376052 -333985 516976 0 X 0 1 X 1 0 X 1085486 1072339 1090178 1055210 1161357 5464570 1085486 1072339 1090178 1055210 1161357 5464570 762522 4702048 225325 149334 193424 278064 390424 1236571 100591 93145 113430 119848 92839 519853 7220994 598536 0.65120 0.64650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3443349 49347 368094 141000 3719790 3380002 100243 104104 141000 3443349 3537265 157118 -179381 135000 3380002 2655672 102392 909701 130500 3537265 2786701 72374 -84903 118500 2655672 1.00000 0 0 0 LEASE LIABILITY 14436 14436 2497673 516976 516976 1980697 0 1980697 2314682 0 2314682 0 2314682 PART V, LINE 4: THE ENDOWMENT FUNDS WILL BE USED FOR ANNUAL SCHOLARSHIPS. MD GOLF TOURNAMENT 67195 45635 21560 100 1350 17730 1420 PITTSBURGH GOLF TOURNAMENT 69354 55512 13842 21940 136549 101147 35402 100 1350 39670 1420 42540 -7138 1 SCHOLARSHIPS AWARDED TO DESERVING STUDENTS FROM ACROSS THE UNITED STATES, BASED ON MERIT, TO ATTEND COLLEGES AND UNIVERSITIES IN THE UNITED STATES. 570 616000 PART I, LINE 2: THE FUND PAYS THE SCHOLARSHIP FUNDS AWARDED TO INIDVIDUALS DIRECTLY TO THE EDUCATIONAL INSTITUTIONS TO ENSURE THAT THE FUNDS ARE USED FOR THE INTENDED PURPOSE. X X 0 0 0 0 0 0 0 0 0 AMY WARNER EXECUTIVE DIRECTOR EMERITA 150000 0 0 0 0 0 4500 0 13467 0 167967 0 0 0 LEE WARNER LEE WARNER, BOARD CHAIRMAN, IS THE SPOUSE OF AMY WARNER, EXEC. DIR EMIRATA 167967 AMY WARNER RECEIVED COMPENSATION FOR HER SERVICES AS EXECUTIVE DIR. EMIRATA HER COMPENSATION AND BENEFITS ARE REPORTED IN COLUMN (C) ABOVE, AS WELL AS IN PART VII, SECTION A. 0 X 3 134852 FMV 0 0 0 0 PART I, COLUMN (B): THIS COLUMN REPORTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING INDIVIDUALS HAVE FAMILY RELATIONSHIPS: LEE WARNER, BOARD CHAIRMAN, AND AMY WARNER, EXECUTIVE DIRECTOR EMIRATA. BENJAMIN CARSON, JR. BOARD SECRETARY, MURRAY CARSON, BOARD MEMBER, BEN CARSON, CO-FOUNDER/BOARD MEMBER AND CANDY CARSON, CO-FOUNDER/EXECUTIVE SECRETARY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE FINANCE COMMITTEE. IT WAS CIRCULATED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST ATTESTATION STATEMENTS ARE CIRCULATED AT THE BEGINNING OF EACH FISCAL YEAR, AND WHEN NEW MEMBERS ADDED. IF ANY SITUATION SHOULD ARISE INVOLVING A CONFLICT OF INTEREST, THE CONFLICTED PERSON PROMPTLY AND FULLY DISCLOSES THE CIRCUMSTANCES TO THE PRESIDENT OR CHAIRMAN OF THE BOARD OF DIRECTORS OF THE CARSON SCHOLARS FUND, INC., OR TO THE EXECUTIVE DIRECTOR, AS APPLICABLE. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR COMPENSATION WAS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE USED SALARY SURVEY INFORMATION IN THEIR COMPENSATION REVIEW. THE MOST RECENT REVIEW TOOK PLACE IN AUGUST 2023. FORM 990, PART VI, SECTION C, LINE 19 THE FUND INCLUDES THE PERTINENT AUDITED FINANCIAL STATEMENT IN THE ANNUAL REPORT THAT IS MAILED OUT TO ALL DONORS, CHAPTERS AND KEY STAKEHOLDERS AND IS ALSO AVAILABLE ONLINE, OR BY WRITTEN REQUEST. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON WRITTEN REQUEST.