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        <ExplanationTxt>THE BOARD REVIEWS SCHOLARSHIP APPLICATIONS AND AWARDS GRANTS TO GRADUATING SENIORS WHO HAVE DEMONSTRATED GOOD CITIZENSHIP, COMMUNITY INVOLVEMENT, AND ACADEMIC ACHIEVEMENT THROUGHOUT THEIR SCHOOL CAREERS. THE SCHOLARSHIPS ARE REQUIRED TO BE USED SOLELY FOR HIGHER EDUCATION. ALSO, THERE IS A GRANTING PROGRAM FOR TEACHERS WHICH PROVIDES FUNDING FOR EDUCATIONAL PROJECTS THAT BENEFIT K-12 LEARNING IN THE DISTRICT.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>TO ENCOURAGE AND PROMOTE THE IMPROVEMENT OF THE QUALITY OF EDUCATION OF ALL KINDS, INCLUDING ATHLETICS, IN THE WAVERLY-SHELL ROCK COMMUNITY SCHOOL DISTRICT BY PROVIDING A MECHANISM THROUGH WHICH ADDITIONAL RESOURCES CAN BE OBTAINED THROUGH PRIVATE CONTRIBUTIONS AND GRANTS OF ALL KINDS, WHERE APPROPRIATE FOR SUCH AN ORGANIZATION, FOR ALLOCATION TO WORTHWHILE EDUCATIONAL PROGRAMS AND FACILITIES.</ExplanationTxt>
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        <ExplanationTxt>THE ORGANIZATION DISTRIBUTES A PRELIMINARY COPY OF THE FORM 990 TO THE TREASURER TO REVIEW. THE TREASURER THEN SIGNS THE 990. THE REMAINING MEMBERS OF THE BOARD GET A COPY AFTER THE 990 HAS BEEN SIGNED.</ExplanationTxt>
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