2024-06-26T13:16:52-07:00 2023-10-31 820467399 Rudd & Company PLLC 725 S Woodruff Ave Idaho Falls ID 83401 990 2022-11-01 416034756 AFMS Scholarship Foundation Inc AFMS 1702 N D STREET LAKE WORTH FL 33460 BARBARA RINGHISER Treasurer 2024-06-26 true BARBARA RINGHISER 999009999 true SCOTT BOND P00211925 2085299276 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z 1702 N D STREET LAKE WORTH FL 33460 317612 false X None X 1958 ID To provide scholarships for advanced degrees in the field of earth sciences. 13 0 0 13 0 23742 32787 0 85890 48829 0 109632 81616 48000 48000 0 0 0 0 21769 19833 69769 67833 39863 13783 1463260 1521293 0 1463260 1521293 To provide scholarships for advanced degrees in the field of earth sciences. false false 48000 Scholarships awarded to students who have acquired their bachelor degree in the earth sciences and are continuing to work on their masters or doctorate degree. Students are selected by universities and regional mineralogical societies. 48000 true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 13 0 false false false false false false false false false false false true false false false false false false X BARBARA RINGHISER 5613794307 1702 N D STREET LAKE WORTH FL 33460 X SANDIE FENDER President 10.00 0.00 X X 0 0 0 MARY BATEMAN Secretary 10.00 0.00 X X 0 0 0 BARBARA RINGHISER Treasurer 10.00 0.00 X X 0 0 0 KIMBERLY FIALA Director 0.50 0.00 X 0 0 0 BOB RUSH Director 0.50 0.00 X 0 0 0 ELLERY BORROW Director 0.50 0.00 X 0 0 0 MARY FERGUSON RICH Director 0.50 0.00 X 0 0 0 CHERYL NEARY Vice President 5.00 0.00 X X 0 0 0 JENNIFER HALEY Director 0.50 0.00 X 0 0 0 DARRELL COYLE Director 0.50 0.00 X 0 0 0 SHERI JOHNSON Director 0.50 0.00 X 0 0 0 JODI BREWSTER Director 0.50 0.00 X 0 0 0 BILL STEPHENS Director 0.50 0.00 X 0 0 0 0 false false false 0 32787 32787 0 36014 36014 0 0 0 248811 235996 12815 12815 12815 0 0 0 0 81616 48829 0 48000 48000 0 0 0 0 0 0 0 0 0 0 2710 2710 0 0 14503 14503 0 0 973 973 0 0 0 0 0 0 0 0 0 1157 1157 AWARDS 490 490 0 67833 48000 19833 0 29335 23699 0 0 0 0 0 0 0 877 877 0 1433048 1496717 0 0 0 0 1463260 1521293 0 0 X 308996 337992 1154264 1183301 1463260 1521293 1463260 1521293 13783 44250 X true X false true false X 16089 11166 11265 15756 23742 78018 0 0 16089 11166 11265 15756 23742 78018 0 78018 33851 31069 31070 30640 34836 161466 0 0 239484 0.32580 0.29660 X Support Schedule: Additional Supplemental Information Part II, Line 17a - 10% Facts and Circumstances TestThe Foundation is attaching the following "detailed statement of the facts upon which the organization bases its conclusion." The headings for each section correspond with those in Regulation Section 1.170A-9(f)(3).I. Ten Percent-of-Support Limitation (Regulation Section 1.170A-9(f)(3)(i)The Foundation meets this requirement as it received over 32% of its support from the public in the current year. See Form 990-EZ, Schedule A, Part II, Section C, Line 14.II. Attraction of Public Support (Regulation Section 1.170A-9(f)(3)(ii)The Foundation is organized and operated to attract new and additional public support on a continuous basis. The Foundation has designated officers and a board of directors that work directly with the American Federation of Mineralogical Societies and its members to solicit donations to the Foundation. The Mineralogical Societies are located throughout the United States and each society generates contributions for the Foundation.III. Percentage of Financial Support (Regulation Section 1.170A-9(f)(3)(iii)As noted in Section I above, the Foundation receives over 32% of its support from the public. This is well over the 10% minimum required by the Regulations, and close to the 33 1/3% safe harbor amount. The Regulations also state the following: "If the percentage of the organization's support from public or governmental sources is low because it receives a high percentage of its total support from investment income on its endowment funds, such fact will be treated as evidence of compliance with this subdivision if such endowment funds were originally contributed by a governmental unit or by the general public."This statement accurately describes the current situation of the Foundation. The Foundation was established in 1958, and through public donations over the years has generated a substantial endowment. The majority of the Foundation's income is from the interest and dividends earned by the endowment. Public contributions decreased over several years due to the poor economic conditions throughout the country.IV. Sources of Support (Regulation Section 1.170A-9(f)(3)(iv)The Foundation receives its support from multiple persons located throughout the United States. It does not receive a significant amount of support from the members of a single family. As indicated above, the Foundation has been in existence since 1958 and works with Mineralogical Societies throughout the country to generate donations. V. Representative Governing Body (Regulation Section 1.170A-9(f)(3)(v)The Foundation's officers and directors are selected from the various Mineralogical Societies. Each Society has at least one director to ensure that all regions of the country are represented in the Foundation's governing body.The two remaining items described in the Regulations, "Availability of Public Facilities and ServicesX and "Additional Factors Pertinent to Membership Organizations" are not applicable to the Foundation. false 0 0 Scholarships 12 48000 FMV Form 990, Part VI, Section B, Line 11b Form 990 provided to and reviewed by officers of the board prior to filing - all board members provided access to Form 990 and reviewed financial statements Form 990, Part VI, Section C, Line 19 No documents available to the public.