2024-09-11T14:21:23-05:00 2022-06-30 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2021-07-01 872165908 THE FUND FOR GIRARD COLLEGE FUND 2672737972 2101 SOUTH COLLEGE AVENUE PHILADELPHIA PA 19121 CLINTON WALTERS CFO 2672737972 2024-09-10 1 FRANK SMITH P00639053 2022274000 2024-09-10 2021 2024-08-08 14:25:15Z X CLINTON WALTERS 2101 SOUTH COLLEGE AVENUE PHILADELPHIA PA 19121 105837 0 X WWW.GIRARDCOLLEGE.EDU/SUPPORT/FUND/ X 2021 PA THE FUND FOR GIRARD COLLEGE IS A NONPROFIT ORGANIZATION DEDICATED TO SERVING GIRARD COLLEGE BY SECURING RESOURCES THAT ENHANCE THE SCHOOL'S MISSION OF PROVIDING AN EXCELLENT RESIDENTIAL EDUCATION TO UNDERSERVED STUDENTS IN GRADES 1 THROUGH 12. 10 10 0 12 0 0 105000 0 837 0 105837 2000 0 0 0 0 158 2158 103679 93293 2000 91293 THE FUND FOR GIRARD COLLEGE IS A NONPROFIT ORGANIZATION DEDICATED TO SERVING GIRARD COLLEGE BY SECURING RESOURCES THAT ENHANCE THE SCHOOL'S MISSION OF PROVIDING AN EXCELLENT RESIDENTIAL EDUCATION TO UNDERSERVED STUDENTS IN GRADES 1 THROUGH 12. 0 0 2000 2000 THE WILLIAM SEIBERT AWARD IS A SCHOLARSHIP AWARD TO BE GIVEN OUT TO A MINIMUM OF ONE GRADUATING 12TH GRADER WHO "HAS SHOWN A PASSION TO SERVE OTHERS FOR THE BETTERNMENT OF GIRARD COLLEGE, THEIR FELLOW STUDENTS AND COMMUNITY." 2000 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 PA AL AZ FL GA MA MD ME MI MN MS NH NJ NY NC OH SC VA WA WI X CLINTON WALTERS 2672737972 1101 MARKET STREET SUITE 2600 PHILADELPHIA PA 19107 AMARA BRIGGS DIRECTOR 0.50 X 0 0 0 BRENDEN HECK DIRECTOR 0.50 X 0 0 0 REGINA HAIRSTON DIRECTOR 0.50 X 0 0 0 MALIK BROWN VICE PRESIDENT 0.50 X X 0 0 0 DR STEVEN SPENCER DIRECTOR 0.50 X 0 0 0 NICOLE WIXTED ESQ DIRECTOR 0.50 X 0 0 0 REV DR LORINA MARSHALL-BLAKE PRESIDENT 0.50 X X 0 0 0 LYNETTE BROWN-SOW DIRECTOR 0.50 3.00 X 0 0 0 MELISSA LUDWIG DIRECTOR 0.50 X 0 0 0 WILLIAM SASSO DIRECTOR 0.50 X 0 0 0 SYLVIA BASTANI EXECUTIVE DIRECTOR 8.00 32.00 X 0 177016 13181 CLINTON WALTERS CFO 8.00 X 0 0 0 0 177016 13181 0 0 1 0 0 105000 105000 837 837 105837 0 0 837 2000 2000 158 158 2158 2000 158 0 5000 361 87932 0 93293 2000 0 2000 X 5000 86293 0 91293 0 93293 103679 -12386 0 X 1 X 0 0 0 X X 1 GIRARD COLLEGE 232712371 2 1 2000 0 1 2000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100000 -11707 2000 86293 1.00000 0 0 0 X 127291 -12386 33998 21612 105679 158 158 105837 35998 33998 33998 2000 158 158 2158 PART V, LINE 4: THE FUND HAS RECEIVED CONTRIBUTIONS WHERE THE DONORS HAVE SPECIFIED THAT THE PRINCIPAL BE INVESTED IN PERPETUITY AND THE INCOME, INCLUDING REALIZED AND UNREALIZED GAINS AND LOSSES, BE USED TO SUPPORT SPECIFIED DONOR RESTRICTED PURPOSES. FOR THE FIRST FIVE YEARS FOLLOWING THE DONATION, ONE SCHOLARSHIP AWARD OF $2,000, WILL BE PROVIDED. THIS SHALL REMAIN THE MINIMUM SCHOLARSHIP AWARDED IN PERPETUITY. THEREAFTER, BEGINNING WITH THE 2027 GRADUATING CLASS, THE FUND WILL DISTRIBUTE THE SCHOLARSHIP BASED ON A 5% SPENDING RULE (BASED ON THE AVERAGE MARKET VALUE OF THE FUND) OVER A FIVE-YEAR PERIOD, WITH THE DISTRIBUTED AMOUNT ROUNDED TO THE NEAREST $500. PART X, LINE 2: MANAGEMENT OF THE FUND CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INFORMATIONAL RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE FUND'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE FUND MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS. THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROCESS. 0 0 0 0 0 0 0 0 0 SYLVIA BASTANI EXECUTIVE DIRECTOR 0 157016 0 20000 0 0 0 5254 0 7927 0 190197 0 0 FORM 990, PART VI, SECTION B, LINE 11B BEFORE FILING THE FORM 990, GIRARD REVIEWS THE FORM 990 WITH THE FINANCE COMMITTEE OF THE FFGC. IF NO REVISIONS ARE REQUIRED TO BE MADE, THE DRAFT IS SHARED ELECTRONICALLY WITH ALL OF THE FFGC BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12 GIRARD ENSURES THAT THE OFFICERS, DIRECTORS AND KEY STAFF PERSONNEL REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE AND SIGN THE ANNUAL DISCLOSURE CHECKLIST TO DISCLOSE ANY INTERESTS THEY MAY HAVE THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. GIRARD COLLEGE 2101 S COLLEGE AVENUE PHILADELPHIA PA 19121 232712327 BOARDING SCHOOL FOR GRADES 1-12 PA PERPETUAL CHARITABLE 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0