2024-02-08T14:15:08-05:00 2022-09-30 061218594 BUDWITZ & MEYERJACK PC 322 MAIN ST FARMINGTON CT 06032 990 2021-10-01 066070887 FARMINGTON STUDENT LOAN FOUNDATION INC C/O BUDWITZ & MEYERJACK PC FARM 8606774697 PO BOX 391 FARMINGTON CT 060340391 KEVIN S RAY PRESIDENT 8606774697 2024-01-17 true KEVIN S RAY 999009999 MICHAEL A ZIEBKA CPA P01284445 8606774697 2024-01-17 2021 2023-04-26 12:10:37Z KEVIN S RAY 2 GARDEN STREET FARMINGTON CT 06032 249 false X N/A X 1964 CT SEE SCHEDULE O THE FARMINGTON FOUNDATION IS A LOW-INTEREST STUDENT LOAN FUND. ALL STUDENTS GOING TO COLLEGE AS AN UNDERGRADUATE MAY APPLY FOR A LOAN. LOANS ARE GRANTED BY THE LOAN COMMITTEE IF THE STUDENT DEMONSTRATES FINANCIAL NEED. 7 7 0 7 0 3750 0 61 64 247 185 0 4058 249 6000 6000 0 0 0 0 40224 15385 46224 21385 -42166 -21136 475289 469153 15000 30000 460289 439153 X SEE SCHEDULE O THE FARMINGTON FOUNDATION IS A LOW-INTEREST STUDENT LOAN FUND. ALL STUDENTS GOING TO COLLEGE AS AN UNDERGRADUATE MAY APPLY FOR A LOAN. LOANS ARE GRANTED BY THE LOAN COMMITTEE IF THE STUDENT DEMONSTRATES FINANCIAL NEED. false false 182 64 THE STUDENT LOAN PROGRAM IS A LOW-INTEREST STUDENT LOAN FUND THAT IS OPEN TO ALL STUDENTS GOING TO COLLEGE AS AN UNDERGRADUATE TO APPLY. LOANS ARE APPROVED BY THE LOAN COMMITTEE IF THE STUDENT DEMONSTRATES FINANCIAL NEED. 6000 6000 THE SCHOLARSHIP PROGRAM AWARDS SCHOLARSHIPS TO DESERVING LOCAL HIGH SCHOOL STUDENTS. A COMMITTEE CONSISTING OF THE BOARD OF DIRECTORS RECOMMENDS A SET NUMBER OF SCHOLARSHIPS TO BE AWARDED IN THE AMOUNT OF 1,000 EACH. STUDENTS ARE SELECTED BY THE SUPERINTENDENT OF THE PUBLIC SCHOOLS FOR THE TOWN OF FARMINGTON, CONNECTICUT. 6182 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 false false false false false false false false false false X 7 7 false false false false false false false true true false false true false false false false false false CT X MICHAEL A ZIEBKA CPA 8606774697 BUDWITZ MEYERJACK PC CPAS 322 MAIN STREET FARMINGTON CT 06032 X KEVIN S RAY PRESIDENT 1.00 1.00 X 0 0 0 JOHN GROCKI VICE PRESIDE 1.00 X 0 0 0 JENNIFER POGSON TREASURER 1.00 X 0 0 0 SUSAN M JOHNSON SECRETARY 1.00 X 0 0 0 MICHAEL GURSKI DIRECTOR 1.00 X 0 0 0 MICHAEL A ZIEBKA CPA DIRECTOR 1.00 X 0 0 0 JANICE RIMILLEE DIRECTOR 1.00 X 0 0 0 false false false INTEREST ON LOANS 64 64 64 185 185 249 249 6000 6000 15000 15000 385 182 203 21385 6182 15203 0 395800 384010 79489 85143 475289 469153 15000 30000 15000 30000 X 460289 439153 460289 439153 475289 469153 -21136 X X true false true false X 500 22010 235 3750 26495 7658 4525 435 308 249 13175 8158 26535 670 4058 249 39670 39670 8158 26535 670 4058 249 39670 1.00000 1.00000 0.00000 0.00000 X true SCHOLARSHIPS 6 6000 SCHEDULE I, PAGE 1, PART I, LINE 2 THE NUMBER OF RECIPIENTS IS EXACTLY SIX FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2022. A SCHOLARSHIP COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS RECOMMENDS SIX SCHOLARSHIPS IN THE AMOUNT OF 1,000 EACH. THE TOTAL SCHOLARSHIP AWARD IS PRESENTED TO THE SUPERINTENDENT OF THE PUBLIC SCHOOLS FOR THE TOWN OF FARMINGTON, CONNECTICUT. THE SUPERINTENDENT MAKES A DETERMINATION OF LOCAL HIGH SCHOOL STUDENTS WHO ARE DESERVING OF THE SCHOLARSHIP AWARD AND NOTIFIES THE FOUNDATION'S SCHOLARSHIP COMMITTEE. FORM 990 - ORGANIZATION'S MISSION SEE SCHEDULE O THE FARMINGTON FOUNDATION IS A LOW-INTEREST STUDENT LOAN FUND. ALL STUDENTS GOING TO COLLEGE AS AN UNDERGRADUATE MAY APPLY FOR A LOAN. LOANS ARE GRANTED BY THE LOAN COMMITTEE IF THE STUDENT DEMONSTRATES FINANCIAL NEED. FORM 990, PAGE 6, PART VI, LINE 11B A COMPLETE COPY OF THE ANNUAL FORM 990 IS PRESENTED TO THE ENTIRE GOVERNING BOARD IN DRAFT FORM PRIOR TO ITS APPROVAL. UPON APPROVAL BY THE BOARD, THE PRESIDENT SIGNS THE 990 AND FORM 8879-EO. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART XII WE ARE NOT INDEPENDENT BECAUSE CPA IS A DIRECTOR