2024-05-14T11:39:19-05:00 2023-12-31 540504608 BROWN EDWARDS & COMPANY LLP 3906 ELECTRIC ROAD ROANOKE VA 24018 990 2023-01-01 541253003 SALEM EDUCATION FOUNDATION SALE 5403896021 PO BOX 1461 SALEM VA 24153 JAMES A ROBERTSON TREASURER 5403896021 2024-05-09 1 JAMES ROBERTSON 999009999 0 CHARLES F EQUI JR CPA P00041304 5403450936 2024-05-09 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z THOMAS M MCDONALD III 425 N BROAD STREET SALEM VA 24153 454089 0 X SEFANDAA.ORG X 1983 VA DEVELOP AND MAINTAIN ENDOWMENTS WITH CONTRIBUTIONS FROM GRADUATES OF SALEM HIGH SCHOOL AND OTHER INTERESTED PARTIES. PROVIDE SCHOLARSHIPS FOR GRADUATING SENIORS OF SALEM HIGH SCHOOL. CREATE AN ALUMNI HALL OF FAME TO RECOGNIZE OUTSTANDING ACHIEVEMENTS BY GRADUATES OF SALEM HIGH SCHOOL. 12 0 0 0 0 0 182232 156480 0 0 120209 131518 0 0 302441 287998 190163 178152 0 0 0 6000 0 0 0 41191 41563 231354 225715 71087 62283 4900844 5301948 0 0 4900844 5301948 X DEVELOP ENDOWMENTS WITH CONTRIBUTIONS FROM GRADUATES OF SALEM HIGH SCHOOL AND OTHER INTERESTED PARTIES; ENCOURAGE SALEM HIGH SCHOOL GRADUATES TO CONTINUE THEIR EDUCATIONS BY PROVIDING SCHOLARSHIPS; CREATE AN ALUMNI HALL OF FAME TO RECOGNIZE SALEM HIGH SCHOOL GRADUATES'OUTSTANDING ACHIEVEMENTS; PROMOTE THE PRINCIPLES OF GOOD CITIZENSHIP; ENCOURAGE SERVICE-MINDED PEOPLE TO SERVE THEIR COMMUNITY WITHOUT PERSONAL FINANCIAL REWARD. 0 0 178152 178152 156480 PROVIDE SCHOLARSHIPS TO GRADUATING SENIORS OF SALEM HIGH SCHOOL SALEM, VIRGINIA 178152 1 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 X 12 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 VA X JAMES A ROBERTSON 5403896021 1517 MILLWOOD DRIVE SALEM VA 24153 WAYNE ATKINS DIRECTOR 0.10 X 0 0 0 MG JAMES ARCHER DIRECTOR & VICE PRESIDENT 0.10 X X 0 0 0 THOMAS M MCDONALD III DIRECTOR, PRESIDENT 8.00 X X 0 0 0 JAMES A ROBERTSON DIRECTOR & TREASURER 10.00 X X 0 0 0 RICHARD HEDLEY DIRECTOR 0.10 X 0 0 0 JENNY PARRISH DIRECTOR & SECRETARY 5.00 X X 6000 0 0 MARGARET HUMPHREYS DIRECTOR 0.10 X 0 0 0 TOMMY BARBER DIRECTOR 0.10 X 0 0 0 TERESA SIZEMORE-HERANDEZ DIRECTOR 0.10 X 0 0 0 JAMIE SOLTICE DIRECTOR 0.10 X 0 0 0 KELLEY LINKENHOKER DIRECTOR 0.10 X 0 0 0 STEPHEN JANOFCHKA DIRECTOR 0.10 X 0 0 0 6000 0 0 0 0 0 0 0 156480 156480 149702 149702 147907 166091 -18184 -18184 -18184 287998 0 0 131518 178152 178152 6000 6000 9192 9192 24335 24335 1300 1300 1336 1336 AWARD LUNCHEON 3438 3438 FOREIGN TAXES 1637 1637 BANK FEES 300 300 STATE CORPORATION FEE 25 25 225715 178152 47563 0 185990 114623 4714854 5187325 4900844 5301948 0 0 X 3208034 3208034 0 0 1692810 2093914 4900844 5301948 4900844 5301948 62283 338821 0 X 0 0 0 X 63924 48389 178538 182232 156480 629563 63924 48389 178538 182232 156480 629563 629563 93533 45838 112671 125911 149704 527657 1157220 0.54400 0.58180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 100000 UNITS FHLMC SER G027 2.21% 03-25-24 4 F 75000 UNITS FHLMC REMIC SER 2594 4% 03-15-33 145 F 135000 UNITS FNMA REMIC TR 2003-42 4% 05-25-33 277 F 2250000 UNITS FNMA UMBS INT 4.5% 03-01-24 540 F 140000 UNITS GNMA 5.50% 08-20-38 608 F 39 UNITS ZIMVIE INC COM 692 F 40000 UNITS BA MTM SECS INC 2005-E 4.309% 6-25-35 693 F 100000 UNITS WELLS FARGO MBS 2004-K 4.480% 07-25-34 701 F 235000 UNITS GNMA REMIC TR 2009-65 4% 07-20-39 772 F 44 UNITS EMBECTA CORP COMMON STOCK 833 F 180000 UNITS GNMA REMIC TR 2003-92 4% 10-16-33 938 F 48 SHS KYNDRYL HLDGS INC 997 F 100000 UNITS FHLMC REMIC SERIES 3964 2% 01-15-41 1875 F 285000 UNITS GNMA REMIC TR 2016-54 3% 04-20-46 1875 F 640000 UNITS ML MTG INV 2003-F 3.146% 10-25-28 1927 F 940087 UNITS GNMA PASS-THRU X SINGLE FAM 4% 11-15-24 2003 F 50000 UNITS GNMA REMIC TR 2010-29 4.5% 10-20-39 2059 F 2000000 UNITS GNMA REMIC TR 1999-27 2.855% 08-16-29 2461 F 117 VITESSE ENERGY INC 2561 F 54 SHS SYLVAMO CORP 2652 F 120000 UNITS FEDL HOME LN MTG CRP SER 07-15-29 2789 F 4000 UNITS FNMA REMIC TR 2001-79 6.25% 01-25-32 2955 F 500000 UNITS SEQUOIA MTG TR 2004-12 3.456% 01-20-35 4948 F 5000 UNITS VA ST RES AUTH INFRA 4.63% 11-01-24 5017 F 35000 UNITS GNMA REMIC TR 2004-37 6% 04-17-34 6061 F 440000 UNITS MORTGAGE IT TR 2004-1 3.286% 11-25-34 6619 F 650000 UNITS GNMA PASS-THRU X SINGLE FAM 4.5% 06-15-25 7677 F 135000 UNITS SMALL BUS ADM 4.66% 03-01-29 7767 F 300000 UNITS GNMA REMIC TR 2010-167 4% 3-20-40 8188 F 295 SHS ENBRIDGE INC 10626 F 230 SHS CORTEVA INC 11022 F 500000 UNITS FNMA SUPER INT 4.5% 7-01-26 11105 F 50000 UNITS GNMA REMIC TR 2009-102 4% 11-16-39 11152 F 113 SHS EXXON MOBIL CORP 11297 F 157 SHS PENTAIR PLC 11415 F 230 SHS DOW INC COM 12613 F 167 SHS MEDTRONIC PLC 13757 F 800 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MARTIN CORP 65266 F 190 SHS ACCENTURE PLC 66673 F 400 SHS PEPSI CO INC 68442 F 175 SHS DEERE & COMPANY 69977 F 108 SHS COSTCO WHOLESALE CORP 71289 F 400 SHS WASTE MANAGEMENT INC 71640 F 2250 SHS SUNCOR ENERGY COM NPV 72090 F 160 SHS MCKESSON CORP 74176 F 2256 UNITS T ROWE PRICE INTL FDS 78127 F 100000 UNITS BENTON WASH REGL PUB WTR AUTH 3.125% 10-01-39 80320 F 200 UNITS ELEVANCE HEALTH INC COM 94312 F 100000 UNITS PNC FINL SVCS GROUP INC 97482 F 35 SHS ALPHABET INC CL A 97783 F 1200 SHS AFLAC INC 99000 F 9533 UNITS CLIFFWATER CORPORATE LENDING FUND 100477 F 435 SHS VISA INC CL A 113252 F 600 SHS LOWES COS INC 133530 F 840 SHS MICROSOFT CORP 315874 F 1820 SHS APPLE INC 350405 F 50000 NATIONAL RURAL UTILS COOP 9/15/53 52573 F 50000 CLARK CNTY VA DIST FIN CORP 12/1/30 50206 F 50000 NORTH DAKOTA ST HSG FIN AGY 7/1/38 51496 F 144 PHINIA INC 4362 F 5187325 1 SCHOLARSHIPS FOR SALEM HIGH SCHOOL GRADUATES 134 178152 PART I, LINE 2: RECIPIENTS MUST EITHER 1) HAVE THE COLLEGE OR UNIVERSITY FINANCIAL AID OFFICE BILL THE ORGANIZATION FOR THE AMOUNT OF THE SCHOLARSHIP AND CERTIFY THAT THE STUDENT IS ENROLLED IN THE INSTITUTION, OR 2) PROVIDE THE ORGANIZATION WITH PAID RECEIPTS FOR EDUCATIONAL EXPENSES (TUITION, ROOM AND BOARD, BOOKS, COMPUTERS, ETC.). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE DISTRIBUTED TO THE BOARD OF DIRECTORS AT THE JUNE 2024 MEETING. THE FORM 990 IS REVIEWED (AND ADJUSTED IF NEEDED)AND APPROVED BY THE BOARD OF DIRECTORS FOR FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES REQUESTED RETURNS, FINANCIAL STATEMNTS OR GOVERNING DOCUMENTS TO THE PUBLIC AVAILABLE UPON REQUEST DIRECTED THROUGH OUR WEBSITE (WWW.SEFANDAA.ORG) OR BY INQUIRY TO ANY OFFICER OR DIRECTOR OR BY CONTACTING THE CITY OF SALEM SCHOOLS ADMINISTRATIVE OFFICES.