﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2024v5.5">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-04-01T13:56:51-05:00</ReturnTs>
    <TaxPeriodEndDt>2025-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>363168081</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>SIKICH LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>1415 W DIEHL RD SUITE 400</AddressLine1Txt>
        <CityNm>NAPERVILLE</CityNm>
        <StateAbbreviationCd>IL</StateAbbreviationCd>
        <ZIPCd>605632349</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>363422778</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>IMSA FUND FOR ADVANCEMENT OF EDUCATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>IMSA</BusinessNameControlTxt>
      <PhoneNum>6309075681</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1500 SULLIVAN ROAD</AddressLine1Txt>
        <CityNm>AURORA</CityNm>
        <StateAbbreviationCd>IL</StateAbbreviationCd>
        <ZIPCd>605061000</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>KIMBERLY SIMON</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>6309075681</PhoneNum>
      <SignatureDt>2026-03-18</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>1</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>AMANDA WHITE</PreparerPersonNm>
      <PTIN>P01790293</PTIN>
      <PhoneNum>6305668400</PhoneNum>
      <PreparationDt>2026-03-10</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990 documentId="RetDoc1038000001" referenceDocumentId="RetDoc1044400001">
      <PrincipalOfficerNm>KIMBERLY SIMON</PrincipalOfficerNm>
      <USAddress>
        <AddressLine1Txt>1500 SULLIVAN ROAD</AddressLine1Txt>
        <CityNm>AURORA</CityNm>
        <StateAbbreviationCd>IL</StateAbbreviationCd>
        <ZIPCd>605061000</ZIPCd>
      </USAddress>
      <GrossReceiptsAmt>3305418</GrossReceiptsAmt>
      <GroupReturnForAffiliatesInd>0</GroupReturnForAffiliatesInd>
      <Organization501c3Ind>X</Organization501c3Ind>
      <WebsiteAddressTxt>HTTPS://WWW.IMSA.EDU/GIVING</WebsiteAddressTxt>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <FormationYr>1986</FormationYr>
      <LegalDomicileStateCd>IL</LegalDomicileStateCd>
      <ActivityOrMissionDesc>TO FURTHER EDUCATION THROUGH SUPPORT OF PROGRAMS OF THE ILLINOIS MATHEMATICS AND SCIENCE ACADEMY.</ActivityOrMissionDesc>
      <VotingMembersGoverningBodyCnt>9</VotingMembersGoverningBodyCnt>
      <VotingMembersIndependentCnt>9</VotingMembersIndependentCnt>
      <TotalEmployeeCnt>0</TotalEmployeeCnt>
      <TotalVolunteersCnt>9</TotalVolunteersCnt>
      <TotalGrossUBIAmt>0</TotalGrossUBIAmt>
      <NetUnrelatedBusTxblIncmAmt>0</NetUnrelatedBusTxblIncmAmt>
      <PYContributionsGrantsAmt>5686957</PYContributionsGrantsAmt>
      <CYContributionsGrantsAmt>2057550</CYContributionsGrantsAmt>
      <PYProgramServiceRevenueAmt>0</PYProgramServiceRevenueAmt>
      <CYProgramServiceRevenueAmt>0</CYProgramServiceRevenueAmt>
      <PYInvestmentIncomeAmt>577140</PYInvestmentIncomeAmt>
      <CYInvestmentIncomeAmt>609661</CYInvestmentIncomeAmt>
      <PYOtherRevenueAmt>0</PYOtherRevenueAmt>
      <CYOtherRevenueAmt>0</CYOtherRevenueAmt>
      <PYTotalRevenueAmt>6264097</PYTotalRevenueAmt>
      <CYTotalRevenueAmt>2667211</CYTotalRevenueAmt>
      <PYGrantsAndSimilarPaidAmt>433541</PYGrantsAndSimilarPaidAmt>
      <CYGrantsAndSimilarPaidAmt>521728</CYGrantsAndSimilarPaidAmt>
      <PYBenefitsPaidToMembersAmt>0</PYBenefitsPaidToMembersAmt>
      <CYBenefitsPaidToMembersAmt>0</CYBenefitsPaidToMembersAmt>
      <PYSalariesCompEmpBnftPaidAmt>0</PYSalariesCompEmpBnftPaidAmt>
      <CYSalariesCompEmpBnftPaidAmt>0</CYSalariesCompEmpBnftPaidAmt>
      <PYTotalProfFndrsngExpnsAmt>0</PYTotalProfFndrsngExpnsAmt>
      <CYTotalProfFndrsngExpnsAmt>0</CYTotalProfFndrsngExpnsAmt>
      <CYTotalFundraisingExpenseAmt>28814</CYTotalFundraisingExpenseAmt>
      <PYOtherExpensesAmt>191278</PYOtherExpensesAmt>
      <CYOtherExpensesAmt>208008</CYOtherExpensesAmt>
      <PYTotalExpensesAmt>624819</PYTotalExpensesAmt>
      <CYTotalExpensesAmt>729736</CYTotalExpensesAmt>
      <PYRevenuesLessExpensesAmt>5639278</PYRevenuesLessExpensesAmt>
      <CYRevenuesLessExpensesAmt>1937475</CYRevenuesLessExpensesAmt>
      <TotalAssetsBOYAmt>18618033</TotalAssetsBOYAmt>
      <TotalAssetsEOYAmt>21884714</TotalAssetsEOYAmt>
      <TotalLiabilitiesBOYAmt>10119</TotalLiabilitiesBOYAmt>
      <TotalLiabilitiesEOYAmt>11491</TotalLiabilitiesEOYAmt>
      <NetAssetsOrFundBalancesBOYAmt>18607914</NetAssetsOrFundBalancesBOYAmt>
      <NetAssetsOrFundBalancesEOYAmt>21873223</NetAssetsOrFundBalancesEOYAmt>
      <MissionDesc>TO FURTHER MATH, SCIENCE, &amp; TECHNOLOGY EDUCATION THROUGH INSTITUTIONAL ADVANCEMENT AND SUPPORT OF PROGRAMS OF THE ILLINOIS MATHEMATICS AND SCIENCE ACADEMY.</MissionDesc>
      <SignificantNewProgramSrvcInd>0</SignificantNewProgramSrvcInd>
      <SignificantChangeInd>0</SignificantChangeInd>
      <ExpenseAmt>517448</ExpenseAmt>
      <GrantAmt>513364</GrantAmt>
      <RevenueAmt>2615533</RevenueAmt>
      <Desc>EDUCATIONAL PROGRAMS - IMSA FUND SUPPORTS PROFESSIONAL DEVELOPMENT AND STUDENT ENRICHMENT FOR ILLINOIS SCHOOLS, TEACHERS, AND COMMUNITIES THROUGH PROGRAMS THAT DEVELOP TALENT AND LEADERSHIP IN STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS). PROFESSIONAL DEVELOPMENT IN PARTNERSHIP WITH SCHOOLS FOR TEACHERS INCLUDE: PROBLEM-BASED LEARNING, IMSA FUSION, AND INQUIRY-BASED MATH AND SCIENCE TEACHING. STUDENT ENRICHMENT PROGRAMS INCLUDE SUMMER AND WEEKEND PROGRAMS AS WELL AS ONLINE AND AFTER-SCHOOL LEARNING ACTIVITIES SUCH AS FUSION AND ALLIES. ALL PROGRAMS HAVE AN EMPHASIS ON SERVING STUDENTS HISTORICALLY UNDERREPRESENTED AND UNDERSERVED IN MATH AND SCIENCE (APPROXIMATED 7,500 STUDENTS AND TEACHERS).</Desc>
      <ProgSrvcAccomActy2Grp>
        <ExpenseAmt>8364</ExpenseAmt>
        <GrantAmt>8364</GrantAmt>
        <Desc>GIFTED EDUCATION, GENERAL/OTHER - IMSA FUND SUPPORTS THE ADVANCED RESIDENTIAL COLLEGE PREPARATORY PROGRAM OF THE ILLINOIS MATHEMATICS AND SCIENCE ACADEMY WHICH INCLUDES STUDENT INQUIRY AND RESEARCH, LEADERSHIP DEVELOPMENT, FACULTY DEVELOPMENT, SCHOLARSHIPS, MINORITY RECRUITMENT AND RETENTION, LEARNING ASSESSMENT, CURRICULUM DEVELOPMENT AND ENTREPRENEURIAL INITIATIVES. THE EMPHASIS IS ON ENABLING ACADEMICALLY TALENTED STUDENTS TO REACH EXCEPTIONAL LEVELS OF ACHIEVEMENT IN MATH, SCIENCE, AND TECHNOLOGY (APPROXIMATELY 650 RESIDENTIAL STUDENTS).</Desc>
      </ProgSrvcAccomActy2Grp>
      <ProgSrvcAccomActy3Grp>
        <ExpenseAmt>70800</ExpenseAmt>
        <RevenueAmt>43314</RevenueAmt>
        <Desc>SUMMER RESEARCH AND EXPERIENTIAL LEARNING OPPORTUNITIES (SRELO) - THE IMSA FUND SUPPORTS STUDENT ENRICHMENT THROUGH PROGRAMS THAT EXPAND ACCESS TO HIGH-QUALITY STEM LEARNING FOR ILLINOIS STUDENTS. THE SUMMER RESEARCH AND EXPERIENTIAL LEARNING OPPORTUNITIES (SRELO) PROGRAM PROVIDES ILLINOIS HIGH SCHOOL STUDENTS WITH AUTHENTIC, MENTORED RESEARCH EXPERIENCES IN MATH, SCIENCE, AND TECHNOLOGY. THROUGH PARTNERSHIPS WITH HIGHER EDUCATION AND RESEARCH INSTITUTIONS ACROSS ILLINOIS, STUDENTS ENGAGE IN INQUIRY-BASED PROJECTS THAT STRENGTHEN COLLEGE AND CAREER READINESS IN STEM FIELDS. (APPROXIMATELY 100 ILLINOIS STUDENTS SERVED ANNUALLY.)</Desc>
      </ProgSrvcAccomActy3Grp>
      <TotalProgramServiceExpensesAmt>596612</TotalProgramServiceExpensesAmt>
      <DescribedInSection501c3Ind referenceDocumentId="RetDoc1039100001">1</DescribedInSection501c3Ind>
      <ScheduleBRequiredInd referenceDocumentId="RetDoc1234500001">1</ScheduleBRequiredInd>
      <PoliticalCampaignActyInd>0</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>0</LobbyingActivitiesInd>
      <SubjectToProxyTaxInd>0</SubjectToProxyTaxInd>
      <DonorAdvisedFundInd referenceDocumentId="RetDoc1040000001">0</DonorAdvisedFundInd>
      <ConservationEasementsInd referenceDocumentId="RetDoc1040000001">0</ConservationEasementsInd>
      <CollectionsOfArtInd referenceDocumentId="RetDoc1040000001">0</CollectionsOfArtInd>
      <CreditCounselingInd referenceDocumentId="RetDoc1040000001">0</CreditCounselingInd>
      <DonorRstrOrQuasiEndowmentsInd>1</DonorRstrOrQuasiEndowmentsInd>
      <ReportLandBuildingEquipmentInd referenceDocumentId="RetDoc1040000001">0</ReportLandBuildingEquipmentInd>
      <ReportInvestmentsOtherSecInd referenceDocumentId="RetDoc1040000001">0</ReportInvestmentsOtherSecInd>
      <ReportProgramRelatedInvstInd referenceDocumentId="RetDoc1040000001">0</ReportProgramRelatedInvstInd>
      <ReportOtherAssetsInd referenceDocumentId="RetDoc1040000001">0</ReportOtherAssetsInd>
      <ReportOtherLiabilitiesInd referenceDocumentId="RetDoc1040000001">0</ReportOtherLiabilitiesInd>
      <IncludeFIN48FootnoteInd referenceDocumentId="RetDoc1040000001">1</IncludeFIN48FootnoteInd>
      <IndependentAuditFinclStmtInd referenceDocumentId="RetDoc1040000001">1</IndependentAuditFinclStmtInd>
      <ConsolidatedAuditFinclStmtInd referenceDocumentId="RetDoc1040000001">0</ConsolidatedAuditFinclStmtInd>
      <SchoolOperatingInd>0</SchoolOperatingInd>
      <ForeignOfficeInd>0</ForeignOfficeInd>
      <ForeignActivitiesInd>0</ForeignActivitiesInd>
      <MoreThan5000KToOrgInd>0</MoreThan5000KToOrgInd>
      <MoreThan5000KToIndividualsInd>0</MoreThan5000KToIndividualsInd>
      <ProfessionalFundraisingInd>0</ProfessionalFundraisingInd>
      <FundraisingActivitiesInd>0</FundraisingActivitiesInd>
      <GamingActivitiesInd>0</GamingActivitiesInd>
      <OperateHospitalInd>0</OperateHospitalInd>
      <GrantsToOrganizationsInd referenceDocumentId="RetDoc1041900001">1</GrantsToOrganizationsInd>
      <GrantsToIndividualsInd referenceDocumentId="RetDoc1041900001">1</GrantsToIndividualsInd>
      <ScheduleJRequiredInd>0</ScheduleJRequiredInd>
      <TaxExemptBondsInd>0</TaxExemptBondsInd>
      <EngagedInExcessBenefitTransInd>0</EngagedInExcessBenefitTransInd>
      <PYExcessBenefitTransInd>0</PYExcessBenefitTransInd>
      <LoanOutstandingInd>0</LoanOutstandingInd>
      <GrantToRelatedPersonInd>0</GrantToRelatedPersonInd>
      <BusinessRlnWithOrgMemInd>0</BusinessRlnWithOrgMemInd>
      <BusinessRlnWithFamMemInd>0</BusinessRlnWithFamMemInd>
      <BusinessRlnWith35CtrlEntInd>0</BusinessRlnWith35CtrlEntInd>
      <DeductibleNonCashContriInd referenceDocumentId="RetDoc1042900001">1</DeductibleNonCashContriInd>
      <DeductibleArtContributionInd referenceDocumentId="RetDoc1042900001">0</DeductibleArtContributionInd>
      <TerminateOperationsInd>0</TerminateOperationsInd>
      <PartialLiquidationInd>0</PartialLiquidationInd>
      <DisregardedEntityInd>0</DisregardedEntityInd>
      <RelatedEntityInd>0</RelatedEntityInd>
      <RelatedOrganizationCtrlEntInd>0</RelatedOrganizationCtrlEntInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>0</TrnsfrExmptNonChrtblRltdOrgInd>
      <ActivitiesConductedPrtshpInd>0</ActivitiesConductedPrtshpInd>
      <ScheduleORequiredInd>1</ScheduleORequiredInd>
      <IRPDocumentCnt>1</IRPDocumentCnt>
      <IRPDocumentW2GCnt>0</IRPDocumentW2GCnt>
      <EmployeeCnt>0</EmployeeCnt>
      <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
      <ForeignFinancialAccountInd>0</ForeignFinancialAccountInd>
      <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
      <TaxablePartyNotificationInd>0</TaxablePartyNotificationInd>
      <NondeductibleContributionsInd>0</NondeductibleContributionsInd>
      <QuidProQuoContributionsInd>0</QuidProQuoContributionsInd>
      <Form8282PropertyDisposedOfInd>0</Form8282PropertyDisposedOfInd>
      <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
      <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
      <IndoorTanningServicesInd>0</IndoorTanningServicesInd>
      <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      <SubjectToExcsTaxNetInvstIncInd>0</SubjectToExcsTaxNetInvstIncInd>
      <InfoInScheduleOPartVIInd>X</InfoInScheduleOPartVIInd>
      <GoverningBodyVotingMembersCnt>9</GoverningBodyVotingMembersCnt>
      <IndependentVotingMemberCnt>9</IndependentVotingMemberCnt>
      <FamilyOrBusinessRlnInd>0</FamilyOrBusinessRlnInd>
      <DelegationOfMgmtDutiesInd>0</DelegationOfMgmtDutiesInd>
      <ChangeToOrgDocumentsInd>0</ChangeToOrgDocumentsInd>
      <MaterialDiversionOrMisuseInd>0</MaterialDiversionOrMisuseInd>
      <MembersOrStockholdersInd>0</MembersOrStockholdersInd>
      <ElectionOfBoardMembersInd>0</ElectionOfBoardMembersInd>
      <DecisionsSubjectToApprovaInd>0</DecisionsSubjectToApprovaInd>
      <MinutesOfGoverningBodyInd>1</MinutesOfGoverningBodyInd>
      <MinutesOfCommitteesInd>1</MinutesOfCommitteesInd>
      <OfficerMailingAddressInd>0</OfficerMailingAddressInd>
      <LocalChaptersInd>0</LocalChaptersInd>
      <Form990ProvidedToGvrnBodyInd>1</Form990ProvidedToGvrnBodyInd>
      <ConflictOfInterestPolicyInd>1</ConflictOfInterestPolicyInd>
      <AnnualDisclosureCoveredPrsnInd>1</AnnualDisclosureCoveredPrsnInd>
      <RegularMonitoringEnfrcInd>1</RegularMonitoringEnfrcInd>
      <WhistleblowerPolicyInd>1</WhistleblowerPolicyInd>
      <DocumentRetentionPolicyInd>1</DocumentRetentionPolicyInd>
      <CompensationProcessCEOInd>0</CompensationProcessCEOInd>
      <CompensationProcessOtherInd>0</CompensationProcessOtherInd>
      <InvestmentInJointVentureInd>0</InvestmentInJointVentureInd>
      <StatesWhereCopyOfReturnIsFldCd>IL</StatesWhereCopyOfReturnIsFldCd>
      <UponRequestInd>X</UponRequestInd>
      <BooksInCareOfDetail>
        <BusinessName>
          <BusinessNameLine1Txt>SCOTT KREITER</BusinessNameLine1Txt>
        </BusinessName>
        <PhoneNum>6309075045</PhoneNum>
        <USAddress>
          <AddressLine1Txt>1500 SULLIVAN ROAD</AddressLine1Txt>
          <CityNm>AURORA</CityNm>
          <StateAbbreviationCd>IL</StateAbbreviationCd>
          <ZIPCd>605061000</ZIPCd>
        </USAddress>
      </BooksInCareOfDetail>
      <NoListedPersonsCompensatedInd>X</NoListedPersonsCompensatedInd>
      <Form990PartVIISectionAGrp>
        <PersonNm>JACOB PLUMMER</PersonNm>
        <TitleTxt>PRESIDENT (THRU 4/28/25)</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>KIMBERLY SIMON</PersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>MATT MADDOX</PersonNm>
        <TitleTxt>TREASURER</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>KEVIN BROOKINS</PersonNm>
        <TitleTxt>SECRETARY (THRU 4/28/25)</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>DAN MUETH</PersonNm>
        <TitleTxt>SECRETARY</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>MICHAEL FOUNTAIN</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>HECTOR CORREA</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>RICHARD TUNG</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>SAM YAGAN</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>SHARON ZENG</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <TotalReportableCompFromOrgAmt>0</TotalReportableCompFromOrgAmt>
      <TotReportableCompRltdOrgAmt>0</TotReportableCompRltdOrgAmt>
      <TotalOtherCompensationAmt>0</TotalOtherCompensationAmt>
      <IndivRcvdGreaterThan100KCnt>0</IndivRcvdGreaterThan100KCnt>
      <FormerOfcrEmployeesListedInd>0</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>0</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>0</CompensationFromOtherSrcsInd>
      <CntrctRcvdGreaterThan100KCnt>0</CntrctRcvdGreaterThan100KCnt>
      <AllOtherContributionsAmt>2057550</AllOtherContributionsAmt>
      <NoncashContributionsAmt>25350</NoncashContributionsAmt>
      <TotalContributionsAmt>2057550</TotalContributionsAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>535062</TotalRevenueColumnAmt>
        <ExclusionAmt>535062</ExclusionAmt>
      </InvestmentIncomeGrp>
      <GrossAmountSalesAssetsGrp>
        <SecuritiesAmt>712806</SecuritiesAmt>
      </GrossAmountSalesAssetsGrp>
      <LessCostOthBasisSalesExpnssGrp>
        <SecuritiesAmt>638207</SecuritiesAmt>
      </LessCostOthBasisSalesExpnssGrp>
      <GainOrLossGrp>
        <SecuritiesAmt>74599</SecuritiesAmt>
      </GainOrLossGrp>
      <NetGainOrLossInvestmentsGrp>
        <TotalRevenueColumnAmt>74599</TotalRevenueColumnAmt>
        <ExclusionAmt>74599</ExclusionAmt>
      </NetGainOrLossInvestmentsGrp>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>2667211</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>0</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>609661</ExclusionAmt>
      </TotalRevenueGrp>
      <GrantsToDomesticOrgsGrp>
        <TotalAmt>513364</TotalAmt>
        <ProgramServicesAmt>513364</ProgramServicesAmt>
      </GrantsToDomesticOrgsGrp>
      <GrantsToDomesticIndividualsGrp>
        <TotalAmt>8364</TotalAmt>
        <ProgramServicesAmt>8364</ProgramServicesAmt>
      </GrantsToDomesticIndividualsGrp>
      <FeesForSrvcInvstMgmntFeesGrp>
        <TotalAmt>49769</TotalAmt>
        <ManagementAndGeneralAmt>44628</ManagementAndGeneralAmt>
        <FundraisingAmt>5141</FundraisingAmt>
      </FeesForSrvcInvstMgmntFeesGrp>
      <FeesForServicesOtherGrp>
        <TotalAmt>34304</TotalAmt>
        <ManagementAndGeneralAmt>34304</ManagementAndGeneralAmt>
      </FeesForServicesOtherGrp>
      <AdvertisingGrp>
        <TotalAmt>2987</TotalAmt>
        <ProgramServicesAmt>56</ProgramServicesAmt>
        <ManagementAndGeneralAmt>2088</ManagementAndGeneralAmt>
        <FundraisingAmt>843</FundraisingAmt>
      </AdvertisingGrp>
      <OfficeExpensesGrp>
        <TotalAmt>19597</TotalAmt>
        <ProgramServicesAmt>1994</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1256</ManagementAndGeneralAmt>
        <FundraisingAmt>16347</FundraisingAmt>
      </OfficeExpensesGrp>
      <TravelGrp>
        <TotalAmt>5276</TotalAmt>
        <ProgramServicesAmt>2602</ProgramServicesAmt>
        <FundraisingAmt>2674</FundraisingAmt>
      </TravelGrp>
      <ConferencesMeetingsGrp>
        <TotalAmt>6811</TotalAmt>
        <ProgramServicesAmt>2430</ProgramServicesAmt>
        <ManagementAndGeneralAmt>634</ManagementAndGeneralAmt>
        <FundraisingAmt>3747</FundraisingAmt>
      </ConferencesMeetingsGrp>
      <InsuranceGrp>
        <TotalAmt>4440</TotalAmt>
        <ManagementAndGeneralAmt>4440</ManagementAndGeneralAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>ALUMNI ASSOCIATION EXPE</Desc>
        <TotalAmt>29800</TotalAmt>
        <ProgramServicesAmt>29800</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>EQUIPMENT/LICENSE FEE</Desc>
        <TotalAmt>16960</TotalAmt>
        <ManagementAndGeneralAmt>16960</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>PARENTS COUNCIL EXPENSE</Desc>
        <TotalAmt>15000</TotalAmt>
        <ProgramServicesAmt>15000</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>PRESIDENTS FUND</Desc>
        <TotalAmt>11651</TotalAmt>
        <ProgramServicesAmt>11589</ProgramServicesAmt>
        <FundraisingAmt>62</FundraisingAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>11413</TotalAmt>
        <ProgramServicesAmt>11413</ProgramServicesAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>729736</TotalAmt>
        <ProgramServicesAmt>596612</ProgramServicesAmt>
        <ManagementAndGeneralAmt>104310</ManagementAndGeneralAmt>
        <FundraisingAmt>28814</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <SavingsAndTempCashInvstGrp>
        <BOYAmt>891748</BOYAmt>
        <EOYAmt>3865749</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <PledgesAndGrantsReceivableGrp>
        <BOYAmt>4763211</BOYAmt>
        <EOYAmt>3070268</EOYAmt>
      </PledgesAndGrantsReceivableGrp>
      <AccountsReceivableGrp>
        <BOYAmt>29026</BOYAmt>
        <EOYAmt>49091</EOYAmt>
      </AccountsReceivableGrp>
      <InvestmentsPubTradedSecGrp>
        <BOYAmt>12911073</BOYAmt>
        <EOYAmt>14854290</EOYAmt>
      </InvestmentsPubTradedSecGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>22975</BOYAmt>
        <EOYAmt>45316</EOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
        <BOYAmt>18618033</BOYAmt>
        <EOYAmt>21884714</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>10119</BOYAmt>
        <EOYAmt>11491</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>10119</BOYAmt>
        <EOYAmt>11491</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>10164702</BOYAmt>
        <EOYAmt>11505333</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <DonorRestrictionNetAssetsGrp>
        <BOYAmt>8443212</BOYAmt>
        <EOYAmt>10367890</EOYAmt>
      </DonorRestrictionNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>18607914</BOYAmt>
        <EOYAmt>21873223</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>18618033</BOYAmt>
        <EOYAmt>21884714</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>1937475</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>1327834</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>1</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>1</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <CollegeOrganizationInd>X</CollegeOrganizationInd>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>855151</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>759114</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>910391</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>5686957</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>2057550</CurrentTaxYearAmt>
        <TotalAmt>10269163</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <GovtFurnSrvcFcltsVl170Grp>
        <CurrentTaxYearMinus4YearsAmt>237637</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>282505</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>297468</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>317806</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>465334</CurrentTaxYearAmt>
        <TotalAmt>1600750</TotalAmt>
      </GovtFurnSrvcFcltsVl170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>1092788</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>1041619</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>1207859</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>6004763</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>2522884</CurrentTaxYearAmt>
        <TotalAmt>11869913</TotalAmt>
      </TotalCalendarYear170Grp>
      <SubstantialContributorsTotAmt>170344</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>11699569</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>273221</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>365624</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>371822</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>450755</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>535062</CurrentTaxYearAmt>
        <TotalAmt>1996484</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <TotalSupportAmt>13866397</TotalSupportAmt>
      <PublicSupportCY170Pct>0.84370</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.44670</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <CYEndwmtFundGrp>
        <BeginningYearBalanceAmt>10330022</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>1415708</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>231149</OtherExpendituresAmt>
        <EndYearBalanceAmt>11514581</EndYearBalanceAmt>
      </CYEndwmtFundGrp>
      <CYMinus1YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>9229974</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>1278342</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>178294</OtherExpendituresAmt>
        <EndYearBalanceAmt>10330022</EndYearBalanceAmt>
      </CYMinus1YrEndwmtFundGrp>
      <CYMinus2YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>8356029</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>1079744</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>205799</OtherExpendituresAmt>
        <EndYearBalanceAmt>9229974</EndYearBalanceAmt>
      </CYMinus2YrEndwmtFundGrp>
      <CYMinus3YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>9855427</BeginningYearBalanceAmt>
        <ContributionsAmt>156775</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>-1520211</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>135962</OtherExpendituresAmt>
        <EndYearBalanceAmt>8356029</EndYearBalanceAmt>
      </CYMinus3YrEndwmtFundGrp>
      <CYMinus4YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>7257062</BeginningYearBalanceAmt>
        <ContributionsAmt>334101</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>2362744</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>98480</OtherExpendituresAmt>
        <EndYearBalanceAmt>9855427</EndYearBalanceAmt>
      </CYMinus4YrEndwmtFundGrp>
      <BoardDesignatedBalanceEOYPct>0.81678</BoardDesignatedBalanceEOYPct>
      <PrmnntEndowmentBalanceEOYPct>0.18322</PrmnntEndowmentBalanceEOYPct>
      <TermEndowmentBalanceEOYPct>0.00000</TermEndowmentBalanceEOYPct>
      <EndowmentsHeldUnrelatedOrgInd>0</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>0</EndowmentsHeldRelatedOrgInd>
      <TotalBookValueLandBuildingsAmt>0</TotalBookValueLandBuildingsAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
      <TotalRevEtcAuditedFinclStmtAmt>4460379</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>1327834</NetUnrealizedGainsInvstAmt>
      <DonatedServicesAndUseFcltsAmt>465334</DonatedServicesAndUseFcltsAmt>
      <RevenueNotReportedAmt>1793168</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>2667211</RevenueSubtotalAmt>
      <RevenueNotReportedFinclStmtAmt>0</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>2667211</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>1195070</TotExpnsEtcAuditedFinclStmtAmt>
      <DonatedServicesUseFcltsAmt>465334</DonatedServicesUseFcltsAmt>
      <ExpensesNotReportedAmt>465334</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>729736</ExpensesSubtotalAmt>
      <ExpensesNotRptFinclStmtAmt>0</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>729736</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>EARNINGS INTENDED TO BENEFIT SPECIFIC PROGRAMS IN ACCORDANCE WITH DONOR WISHES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>IMSA FUND FOR ADVANCEMENT OF EDUCATION IS A NON-PROFIT ORGANIZATION, WHICH HAS BEEN GRANTED A TAX-EXEMPT STATUS AS A PUBLIC CHARITY UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THE FUND IS REQUIRED TO PAY FEDERAL AND STATE INCOME TAXES ONLY ON ITS NET UNRELATED BUSINESS INCOME. A PROVISION FOR INCOME TAXES WAS NOT REQUIRED FOR THE YEARS ENDED JUNE 30, 2025 AND 2024.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <GrantRecordsMaintainedInd>1</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>ILLINOIS MATHEMATICS AND SCIENCE ACADEMY</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1500 W SULLIVAN RD</AddressLine1Txt>
          <CityNm>AURORA</CityNm>
          <StateAbbreviationCd>IL</StateAbbreviationCd>
          <ZIPCd>60506</ZIPCd>
        </USAddress>
        <RecipientEIN>363422943</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>493362</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>PROVIDE ACADEMIC SUPPORT</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>IMSA ALUMNI ASSOCIATION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1500 W SULLIVAN RD</AddressLine1Txt>
          <CityNm>AURORA</CityNm>
          <StateAbbreviationCd>IL</StateAbbreviationCd>
          <ZIPCd>60506</ZIPCd>
        </USAddress>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>10000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>PROVIDE ACADEMIC SUPPORT</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>IMSA BLACK ALUMNI ASSOCIATION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1500 W SULLIVAN RD</AddressLine1Txt>
          <CityNm>AURORA</CityNm>
          <StateAbbreviationCd>IL</StateAbbreviationCd>
          <ZIPCd>60506</ZIPCd>
        </USAddress>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>10000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>PROVIDE ACADEMIC SUPPORT</PurposeOfGrantTxt>
      </RecipientTable>
      <Total501c3OrgCnt>3</Total501c3OrgCnt>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>SCHOLARSHIPS &amp; AWARDS</GrantTypeTxt>
        <RecipientCnt>16</RecipientCnt>
        <CashGrantAmt>8364</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD MONITORS THE USE OF THE FUNDS BY THE RELATED ENTITY.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <SecuritiesPubliclyTradedGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>25350</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FMV</MethodOfDeterminingRevenuesTxt>
      </SecuritiesPubliclyTradedGrp>
      <Form8283ReceivedCnt>0</Form8283ReceivedCnt>
      <AnyPropertyThatMustBeHeldInd>0</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>1</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>0</ThirdPartiesUsedInd>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 990 IS REVIEWED BY THE FINANCE MANAGER AND MADE AVAILABLE FOR REVIEW BY THE IMSA FUND BOARD AND TREASURER.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>DIRECTORS ARE REQUIRED TO FILE A SIGNED STATEMENT REGARDING CONFLICT OF INTERESTS AND COMPLIANCE WITH THE POLICY IS REVIEWED ANNUALLY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS, POLICIES AND 990 FILINGS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>