2024-08-02T14:05:44-04:00 2023-12-31 271238921 KMETZ ELWELL GRAHAM & ASSOC PLLC 2800 OCEAN DRIVE VERO BEACH FL 329632064 990 2023-01-01 596192598 SCHOLARSHIP FOUNDATION OF INDIAN RIVER COUNTY INC SCHO 7725699869 PO BOX 1820 VERO BEACH FL 32961 JONATHAN STERNBERG PRESIDENT 7725699869 2024-08-02 true false JAMES F MCGUIGAN JR CPA P01395628 7722316902 2024-08-02 2023 2024-08-08 14:25:15Z JONATHAN STERNBERG PO BOX 1820 VERO BEACH FL 32961 5141455 false X HTTP://SFINDIANRIVER.ORG X 1999 FL SCHOLARSHIP FOUNDATION OF IRC PROVIDES HOPE, ENCOURAGEMENT AND NEED-BASED SCHOLARSHIPS TO INDIAN RIVER COUNTY STUDENTS WITH THE DESIRE AND ABILITY TO SUCCEED IN POST-SECONDARY EDUCATION. 12 12 2 100 0 633252 696240 0 512886 1058662 -14418 -10099 1131720 1744803 492849 559072 0 110144 110030 0 61242 102240 113350 705233 782452 426487 962351 11756172 13100551 169285 151694 11586887 12948857 SCHOLARSHIP FOUNDATION OF IRC PROVIDES HOPE, ENCOURAGEMENT AND NEED-BASED SCHOLARSHIPS TO INDIAN RIVER COUNTY STUDENTS WITH THE DESIRE AND ABILITY TO SUCCEED IN POST-SECONDARY EDUCATION. false false 652094 559072 SCHOLARSHIP FOUNDATION AWARDS MULTI-YEAR SCHOLARSHIPS THAT ARE RENEWABLE IF RECIPIENTS MEET ACADEMIC AND PAPERWORK REQUIREMENTS. IN 2023, WE PAID 559,072 IN AWARDS, RANGING FROM 1,000 TO 7,500 TO 115 NEW AND RETURNING STUDENTS.WE MADE NEW AWARDS TOTALING 725,400 TO THE 37 RECIPIENTS IN THE CLASS OF 2023. 652094 true true false false false false false false false true true false false false true false true false false false false false false false true 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 2 true false false false false false true false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true false true true false false X SCHOLARSHIP FOUNDATION 7725699869 1555 INDIAN RIVER BLVD SUITE B-111 VERO BEACH FL 32960 X JONATHAN STERNBERG PRESIDENT 5.00 X X 0 0 0 SCOTT SCHWARTZ VICE PRESIDE 5.00 X X 0 0 0 ELIZABETH SORENSEN TREASURER 5.00 X X 0 0 0 ANN BIXEL WALD SECRETARY 5.00 X X 0 0 0 SUSAN CHENAULT PAST PRESIDE 2.00 X X 0 0 0 JOAN COOK DIRECTOR 2.00 X 0 0 0 MARY JOHNSTON DIRECTOR 2.00 X 0 0 0 GAYE LUDWIG DIRECTOR 20.00 X 0 0 0 TYLER PUTTICK DIRECTOR 2.00 X 0 0 0 JONATHAN SCHWIERING DIRECTOR 2.00 X 0 0 0 BOBBY SEXTON DIRECTOR 2.00 X 0 0 0 MEREDITH MAFFETT DIRECTOR 2.00 X 0 0 0 false false false 52177 644063 696240 359409 359409 4084206 3384953 699253 699253 699253 1600 52177 11699 -10099 -10099 1744803 699253 349310 559072 559072 92750 51013 9275 32462 9685 5327 968 3390 7595 4177 760 2658 7400 4070 740 2590 49302 49302 2520 1260 1260 9638 3215 1866 4557 9037 4970 904 3163 23881 13135 2388 8358 1446 1446 1249 687 125 437 2111 2111 TELEPHONE 5947 3271 595 2081 MISCELLANEOUS 819 451 82 286 782452 652094 69116 61242 828442 986056 676022 726413 741078 456882 28855 22896 3123 5959 9353926 10788620 153581 136621 11756172 13100551 17197 16566 152088 135128 169285 151694 X 7612002 8951093 3974885 3997764 11586887 12948857 11756172 13100551 962351 399619 X false true X true false X 515996 427845 476048 318538 687351 2425778 515996 427845 476048 318538 687351 2425778 290212 2135566 289722 256513 448408 240712 359409 1594764 4020542 0.53120 0.51720 X SUPPORTING SCHEDULE ESTATE BEQUEST 8,889 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9575123 469603 1408979 258751 148179 11046775 11587403 21000 -1642046 246378 144856 9575123 10493603 72500 1436571 245029 170242 11587403 9976251 110000 798875 235275 156248 10493603 8511943 163928 1705552 274046 131126 9976251 0.67950 0.24700 0.07350 false false 28855 22896 5959 5959 LEASE LIABILITY 135128 135128 2095120 399619 399619 1695501 49302 49302 1744803 733150 733150 49302 49302 782452 GOLF TOURNAMENT 53777 52177 1600 11699 53777 52177 1600 11699 11699 -10099 true SCHOLARSHIPS 115 559072 SCHEDULE I, PAGE 1, PART I, LINE 2 THE ORGANIZATION PROVIDES MULTI-YEAR AWARDS THAT ARE DISBURSED TWICE-YEARLY. RECIPIENTS MUST COMPLY WITH THE BOARD-APPROVED POLICY REGARDING SCHOLARSHIP RENEWAL AND RETENTION TO RECEIVE EACH DISBURSEMENT. THIS POLICY REQUIRES RECIPIENTS TO EARN A MINIMUM NUMBER OF ACADEMIC CREDITS PER YEAR, MEET MINIMUM GPA STANDARDS, AND PROVIDE REQUIRED PAPERWORK (SCHEDULE, TRANSCRIPTS, FINANCIAL AID LETTER) BY SPECIFIED DEADLINES. THE EXECUTIVE DIRECTOR, UNDER THE SUPERVISION OF THE SCHOLARSHIP COMMITTEE, MONITORS RECIPIENT COMPLIANCE WITH THESE POLICY REQUIREMENTS. FORM 990, PAGE 6, PART VI, LINE 11B THE TREASURER AND OTHER KEY DIRECTORS REVIEW THE FORM 990 IN DETAIL. THEN THE FORM 990 AND THE AUDITED FINANCIAL STAETMENTS ARE GIVEN TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO THE FORM 990 BEING FILED. FORM 990, PAGE 6, PART VI, LINE 12C AT THE SEPTEMBER BOARD MEETING, ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM INDICATING WHETHER THEY HAVE ANY CONFLICT OF INTERESTS, AND IF YES, WHAT THOSE CONFLICTS ARE. FORM 990, PAGE 6, PART VI, LINE 15A ANNUALLY, USUALLY IN OCTOBER/NOVEMBER, THE PRESIDENT OF THE ORGANIZATION PREPARES A PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR WITH INPUT OF SEVERAL KEY BOARD MEMBERS, WHO WORK CLOSELY WITH THE EXECUTIVE DIRECTOR THROUGHOUT THE YEAR. ONCE THE REVIEW IS COMPLETE, THE BUDGET AND FINANCE COMMITTEE, WITH THE RECOMMENDATION OF THE PRESIDENT AND INFORMATION PROVIDED IN THE PERFORMANCE REVIEW FORM, DISCUSS AND APPROVE A MERIT INCREASE, IF WARRANTED, WHICH IS THEN FACTORED INTO THE OVERALL OPERATING BUDGET FOR THE FOLLOWING YEAR. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.