2024-12-16T15:18:16-06:00 2024-07-31 341874260 CBIZ ADVISORS LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2023-08-01 446013508 STEPHEN BUFTON MEMORIAL EDUCATIONAL FUND STEP 9137325100 PO BOX 4757 OVERLAND PARK KS 662040757 RACHELLE JAMERSON-HOLMES TRUSTEE 9137325100 2024-12-16 1 1 LISA BURKE P00220718 8169455500 2024-12-16 2023 2024-10-15 13:58:12Z RACHELLE JAMERSON-HOLMES 891 MIDDLETON ST NE ORANGEBURG SC 29115 189414 0 X SBMEF.ORG X 1963 KS EDUCATIONAL GRANTS, SCHOLARSHIPS, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR WOMEN 9 9 0 9 0 0 148972 137789 0 0 41845 43309 0 70 190817 181168 103161 111665 0 0 0 0 0 0 0 81773 78195 184934 189860 5883 -8692 1237438 1279839 0 0 1237438 1279839 TO PROVIDE EDUCATIONAL GRANTS AND SCHOLARSHIPS TO WOMEN PURSUING POST-SECONDARY EDUCATIONAL GOALS AS WELL AS ONGOING PROFESSIONAL DEVELOPMENT IN ORDER TO SUPPORT THEIR CAREER ADVANCEMENT AND TO HELP THEM BECOME THE ROLE MODELS, MENTORS AND LEADERS OF THE FUTURE. 0 0 175639 108000 STUDENT GRANTS: EDUCATIONAL GRANTS TO 54 FEMALE STUDENTS WERE MADE DURING THE FISCAL YEAR. 3665 3665 TUITION REIMBURSEMENTS: TUITION REIMBURSEMENTS TO 21 FEMALE STUDENTS WERE MADE DURING THE FISCAL YEAR. 179304 1 1 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 1 0 0 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 X 9 9 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X X ABWA MANAGEMENT LLC 9137325100 PO BOX 4757 OVERLAND PARK KS 662040757 X RACHELLE JAMERSON-HOLMES TRUSTEE 5.00 X 0 0 0 ANNE O'NEILL TRUSTEE 5.00 X 0 0 0 GENICE HALL-FOWLER TRUSTEE 5.00 X 0 0 0 SONYA LOWE TRUSTEE 1.00 X 0 0 0 KIM STENGEL TRUSTEE 1.00 X 0 0 0 DEBRA WEILBACHER TRUSTEE 1.00 X 0 0 0 BARBARA PEDERSON TRUSTEE 1.00 X 0 0 0 CHERYL SCHMANDT TRUSTEE 1.00 X 0 0 0 VELMA LANDERS TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 137789 137789 41217 41217 10338 8246 2092 2092 2092 70 70 70 181168 0 0 43379 111665 111665 59040 59040 3518 3518 6985 6985 1019 1019 53 53 7580 7580 189860 179304 10556 0 55076 45423 3836 1065030 1093885 117332 136695 1237438 1279839 0 0 X 0 0 0 0 1237438 1279839 1237438 1279839 1237438 1279839 -8692 51093 0 X 0 0 0 X 170098 159389 162394 148972 137789 778642 170098 159389 162394 148972 137789 778642 11480 767162 34133 31008 31344 39075 41217 176777 955419 3544 0.80300 0.82670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 117332 10000 10021 659 136694 100486 15000 2414 568 117332 85212 8372 7407 506 100486 68526 15000 2086 399 85212 50893 15000 2941 308 68526 1.00000 0 0 0 NANCY GRIFFIN ENDOWMENT FUND 136695 136695 PART V, LINE 4: THE ENDOWMENT FUND IS A DONOR-DESIGNATED FUND, THE EARNINGS OF WHICH ARE TO BE USED FOR STUDENT SCHOLARSHIPS. 1 BUSINESS SKILLS TUITION REIMBURSEMENT 21 3665 0 N/A N/A IMPACT SCHOLARSHIPS 37 61000 0 N/A N/A NATIONAL SCHOLARSHIP AWARDS 8 29000 0 N/A N/A OUTRIGHT GRANTS 9 18000 0 N/A N/A PART I, LINE 2: NATIONAL DIRECTORS OF THE AMERICAN BUSINESS WOMEN'S ASSOCIATION (ABWA), A BUSINESS LEAGUE, ARE THE TRUSTEES OF THE FUND. AS SUCH, THEY OPERATE FREE FROM CONTROL OF ANY INDIVIDUAL, CORPORATION, GROUP, OR ASSOCIATION. MOST OF THE AUTONOMOUS CHAPTERS OF THE ABWA RAISE FUNDS SPECIFICALLY FOR THE STEPHEN BUFTON MEMORIAL EDUCATIONAL FUND PROGRAMS. APPLICANTS ARE INVESTIGATED BY THE LOCAL CHAPTER AND REFERRED TO THE FUND. LOANS MADE ON CHAPTER RECOMMENDATIONS ARE GUARANTEED AS TO REPAYMENT BY THE SPONSORING CHAPTER. THE LOANS ARE INTEREST FREE. GRANTS AND LOANS ARE MADE TO FEMALE STUDENTS FOR USE IN SCHOOLS, COLLEGES, OR UNIVERSITIES THAT MAINTAIN A REGULAR FACILITY, CURRICULUM, AND STUDENT BODY. THERE ARE NO RESTRICTIONS AS TO RACE, CREED, OR AGE. CHARACTER RECOMMENDATIONS AND EDUCATIONAL COSTS ARE IMPORTANT FACTORS IN THE MAKING OF GRANTS AND LOANS. PERSONAL CONTACT WITH THE BENEFICIARIES IS MAINTAINED BY THE LOCAL CHAPTERS OF ABWA. PAYMENTS FOR THE USE OF THE BENEFICIARIES ARE MADE THROUGH CHECKS ISSUED BY THE FUND IN THE JOINT NAMES OF THE BENEFICIARY AND THE EDUCATIONAL INSTITUTION. FUNDS MAY NOT BE USED BY A BENEFICIARY FOR ANY PURPOSE OTHER THAN TUITION, BOOKS, OR FEES. SCHEDULE I, PART III: THE FOLLOWING AMOUNTS WERE AWARDED BY EACH DISTRICT: DISTRICT 1: $ 19,383 DISTRICT 2: $ 15,509 DISTRICT 3: $ 5,120 DISTRICT 4: $ 10,000 DISTRICT 5: $ 17,198 DISTRICT 6: $ 15,455 NATIONAL: $ 29,000 TOTAL $111,665 FORM 990, PART VI, SECTION A, LINE 3 EMPLOYEES OF ABWA MANAGEMENT, LLC PROVIDE MANAGEMENT, CLERICAL, AND SUPPORT SERVICES TO THE ORGANIZATION. A MANAGEMENT FEE IS PAID TO ABWA MANAGEMENT, LLC FROM THE FUND. DUTIES INCLUDE FINANCIAL OVERSIGHT AND SUPERVISING EXEMPT OPERATIONS. FORM 990, PART VI, SECTION A, LINE 8B THE GOVERNING BODY DOES NOT HAVE ANY COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD AND IS REVIEWED AT A BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER SHALL SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) HAS AGREED TO COMPLY WITH THE POLICY; AND (D) UNDERSTANDS THAT THE TRUST IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, A MEMBER MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST TO THE BOARD OF TRUSTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE MEMBER IS RECUSED FROM THE BOARD OR COMMITTEE MEETING WHILE THE FINANCIAL INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS IN ACCORDANCE WITH THE PROCEDURES FOR ADDRESSING THE CONFLICT AS OUTLINED IN THE CONFLICT OF INTEREST POLICY. IF THE TRUSTEES HAVE REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST, THERE WILL BE A HEARING AND APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION WILL BE TAKEN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ANNUAL REPORT, WHICH INCLUDES THE STATEMENT OF CONDITION, IS AVAILABLE UPON REQUEST.