2024-05-13T09:51:54-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-07-01 874808169 BROWN HUDNER NAVY SCHOLARSHIP FOUNDATION BROW 7035490060 909 N WASHINGTON STREET ALEXANDRIA VA 22314 EDWARD PROBERT JR PRESIDENT AND CEO 7035490060 2024-05-09 1 EDWARD PROBERT JR XXX-XX-XXXX 0 ROBERT WILLIAMS P01345960 5712279500 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z EDWARD PROBERT JR 909 N WASHINGTON STREET ALEXANDRIA VA 22314 13974 0 X BROWNHUDNER.ORG X 2022 DE TO HONOR THE LEGACY OF JESSE BROWN & TOM HUDNER BY PROVIDING SCHOLARSHIPS TO THE CHILDREN OF NAVY SAILORS ATTENDING POST-HIGH SCHOOL, UNDERGRADUATE, AND CAREER TECHNICAL EDUCATION PROGRAMS. 10 9 0 11 0 0 250000 13974 0 0 0 0 0 0 250000 13974 0 120000 0 0 22739 34089 0 0 0 103236 153999 125975 308088 124025 -294114 250000 299120 125975 469209 124025 -170089 TO HONOR THE LEGACY OF JESSE BROWN AND TOM HUDNER BY PROVIDING POST-SECONDARY SCHOLARSHIPS TO THE CHILDREN OF NAVY SAILORS STUDYING SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS, AND HEALTH SCIENCE FIELDS. 0 0 169725 120000 0 ESTABLISHED IN 2022, THE BROWN HUDNER NAVY SCHOLARSHIP FOUNDATION (BHNSF) PROVIDES SCHOLARSHIPS TO THE QUALIFIED CHILDREN OF NAVY SAILORS. QUALIFICATION INCLUDES FINANCIAL NEED, A GRADE POINT AVERAGE OF 2.0 OR HIGHER, ATTENDING AN ACCREDITED POST-SECONDARY SCHOOL, AND PURSUING A DEGREE OR CERTIFICATION IN A SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS, OR HEALTH SCIENCE FIELD. BECAUSE THE MARINE CORPS SCHOLARSHIP FOUNDATION (MCSF) HAS A 60-YEAR REPUTATION OF CHARITABLE EXCELLENCE, MCSF WAS SELECTED TO ORGANIZE AND MANAGE BHNSF. 169725 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 VA X X SARAH TONIZZO 7035490060 909 N WASHINGTON ST SUITE 400 ALEXANDRIA VA 22314 EDWARD W PROBERT JR PRESIDENT 1.00 37.50 X X 0 314308 17102 ROBERT B NELLER CHAIR 1.00 1.00 X X 0 0 0 ERIC J CANDELORI VICE CHAIR 1.00 1.00 X X 0 0 0 RICHARD D STEPHENS TREASURER 1.00 1.00 X X 0 0 0 STEVEN M POST DIRECTOR 1.00 1.00 X 0 0 0 GEORGE J FLYNN DIRECTOR 1.00 1.00 X 0 0 0 ROBERT E JOYCE JR DIRECTOR 1.00 1.00 X 0 0 0 MELISSA PALMISCIANO DIRECTOR 1.00 1.00 X 0 0 0 ROBERT W SCHRODER DIRECTOR 1.00 1.00 X 0 0 0 MIGUEL EATON DIRECTOR 1.00 1.00 X 0 0 0 TRACY GARRETT DIRECTOR - UNTIL OCT. 2022 1.00 1.00 X 0 0 0 HAROLD VANOPDORP SECRETARY 1.00 37.50 X 0 198985 5120 SARAH TONIZZO CFO 1.00 37.50 X 0 140042 7408 JEANNA ADAMS CHIEF SCHOLARSHIP OFFICER 1.00 37.50 X 0 153597 11878 0 806932 41508 0 0 1 0 0 13974 13974 13974 0 0 0 120000 120000 34089 18515 15574 287 287 9961 9961 26329 26329 805 805 1040 1040 10486 4881 5605 13715 13715 COMMUNITY RELATIONS 87257 87257 OVERHEAD ALLOCATION 4119 4119 308088 169725 138363 0 263460 250000 49375 13715 0 35660 250000 299120 10500 130352 115475 338857 125975 469209 X 124025 -170089 124025 -170089 250000 299120 -294114 0 X 0 1 X 1 0 X X X 1 MARINE CORPS SCHOLARSHIP FOUNDATION 221905062 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49375 13715 35660 35660 DUE TO RELATED ORGANIZATION 338857 338857 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE IRC. THE ORGANIZATION HAS RECEIVED FROM THE IRS A FAVORABLE RULING THAT IT IS RECOGNIZED AS A "PUBLIC CHARITY" WITHIN THE MEANING OF IRC SECTION 170(B)(1)(A)(VI) AND THUS, MEETS THE EXCEPTION TO PRIVATE FOUNDATION STATUS UNDER SECTION 509(A)(1). THE ORGANIZATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN INCOME TAX POSITIONS. THE ORGANIZATION EVALUATED ITS TAX POSITIONS AND DETERMINED THAT THEIR POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. 1 SCHOLARSHIP AWARDS 32 120000 N/A N/A PART I, LINE 2: AT THE TIME OF APPLICATION, STUDENTS PROVIDE DOCUMENTATION TO VERIFY THEIR ELIGIBILITY WITH REGARDS TO FINANCIAL NEED, ACADEMIC ACHIEVEMENT AND INTENDED MAJOR, AND PARENT'S HONORABLE MILITARY SERVICE. BEFORE AWARDS ARE MADE, A PROPRIETARY POINT SYSTEM IS USED TO DETERMINE THE MOST HIGHLY QUALIFIED AND ELIGIBLE STUDENTS. AWARDED STUDENTS THEN ALL RECEIVE THE SAME PRE-DETERMINED AWARD AMOUNT. EACH STUDENT AND THE EDUCATIONAL INSTITUTION WHERE THE STUDENT IS ENROLLED AGREES THAT THE PAYMENT, OR THE UNUSED PORTION OF THE PAYMENT, MUST BE REFUNDED TO THE SCHOLARSHIP FOUNDATION IF 1) THE STUDENT TRANSFERS, WITHDRAWS OR OTHERWISE LEAVES SCHOOL, 2) THE STUDENT DOES NOT REMAIN IN SATISFACTORY ACADEMIC STANDING AS DEFINED BY THE SCHOOL, 3) THE STUDENT'S BEHAVIOR IS NOT CONSISTENT WITH THE SCHOOL'S STUDENT CONDUCT CODE, OR 4) THE STUDENT IS FOUND GUILTY OF A VIOLATION OF ANY CIVIL CODE. 0 0 0 0 0 0 0 0 0 EDWARD W PROBERT JR PRESIDENT 0 253058 0 61250 0 0 0 15683 0 1419 0 331410 0 0 HAROLD VANOPDORP SECRETARY 0 198985 0 0 0 0 0 4038 0 1082 0 204105 0 0 JEANNA ADAMS CHIEF SCHOLARSHIP OFFICER 0 151097 0 2500 0 0 0 7813 0 4065 0 165475 0 0 PART I, LINE 3 THE PROCESS FOR DETERMINING THE COMPENSATION OF OFFICERS OR KEY EMPLOYEES IS CONDUCTED BY THE RELATED ORGANIZATION, MCSF: THE PRESIDENT AND CEO OF MCSF HIRED AN OUTSIDE FIRM TO COMPLETE A COMPENSATION STUDY OF OFFICERS AND KEY EMPLOYEES. COMPENSATION COMMITTEE PRESENTED RESULTS TO EXECUTIVE COMMITTEE AND REVIEWED SCOPE OF WORK, DEMANDS AND IF CEO ACHIEVED ANNUAL GOALS. RECOMMENDED COMPENSATION WAS DISCUSSED WITH MCSF'S EXECUTIVE COMMITTEE FOR APPROVAL, WITH EVIDENCE OF APPROVAL BEING MAINTAINED BY BOARD CHAIR. MINUTES OF THE MEETINGS ARE MAINTAINED BY MCSF'S COMPENSATION COMMITTEE CHAIR. THE PROCESS WAS LAST UNDERTAKEN IN FY 2023. THE PROCESS OF DETERMINING THE COMPENSATION OF OFFICERS OR KEY EMPLOYEES IS CONDUCTED BY THE RELATED ORGANIZATION, MCSF: THE PRESIDENT AND CEO OF MCSF HIRED HR CONSULTANT TO COMPLETE A COMPENSATION STUDY FOR ENTIRE STAFF. PROCESS INCLUDED SALARY SURVEYS FOR RESPECTIVE POSITIONS AND/OR INTERVIEWS OF OTHER SIMILAR NPOS, AND CONSULTATION WITH EXECUTIVE RECRUITERS REGARDING THEIR RECOMMENDED SALARY BASED ON NATURE AND DUTIES OF THE POSITION. INFORMATION WAS REVIEWED BY MCSF'S PRESIDENT/CEO AND DOCUMENTED BY THE HR CONSULTANT. THE PROCESS WAS LAST UNDERTAKEN IN FY 2023. FORM 990, PART VI, SECTION A, LINE 1A THE SOLE INCORPORATOR OF THE CORPORATION TOOK ACTION TO ELECT AND APPOINT THE INITIAL DIRECTORS OF THE CORPORATION TO SERVE, SUBJECT TO THE BYLAWS OF THE CORPORATION, UNTIL THEIR RESPECTIVE SUCCESSORS ARE DULY ELECTED AND QUALIFIED BE. THE DIRECTORS OF THE CORPORATION SHALL HAVE AND EXERCISE THE FULL AUTHORITY IN THE MANAGEMENT OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 MARINE CORPS SCHOLARSHIP FOUNDATION, INC, IS THE SOLE MEMBER OF BHNSF. FORM 990, PART VI, SECTION A, LINE 7A THE INITIAL DIRECTORS SHALL BE APPOINTED BY THE SOLE MEMBER. EXCEPT AS PROVIDED IN THE IMMEDIATELY PRECEDING SENTENCE, DIRECTORS SHALL BE ELECTED BY THE MEMBERS OF THE CORPORATION AT THEIR ANNUAL MEETING OR AT ANY SPECIAL MEETING HELD IN LIEU THEREOF. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED AND APPROVED BY MANAGEMENT, THE ORGANIZATION'S BOARD OF DIRECTORS AND GENERAL COUNSEL REVIEW THE FORM 990 BEFORE FILING WITH IRS. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE POSTED TO THE FOUNDATIONS WEBSITE. THE GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. MARINE CORPS SCHOLARSHIP FOUNDATION INC 909 N WASHINGTON STREET SUITE 400 ALEXANDIRA VA 22314 221905062 PROVIDE SCHOLARSHIPS TO CHILDREN OF MARINES & NAVY CORPSMEN NJ 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0