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Nonprofit · EIN 20-0031464

SCHOLARSHIP FUND OF ALEXANDRIA

Tax-exempt · ALEXANDRIA, VA 22302

Financials

$1.9M$1.8M2022$2M$2M2023$2.1M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of SCHOLARSHIP FUND OF ALEXANDRIA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$2,132,528$2,257,207-$124,679$9,784,792$208,030$9,576,762
September 30, 2024990$2,025,071$2,040,437-$15,366$9,586,624$281,830$9,304,794
September 30, 2023990$1,925,799$1,822,189$103,610$8,042,863$138,756$7,904,107
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$1,578,794
Program service revenue
$0
Investment income
$515,534
Net gain from sales of assets
$38,128
Net income from gaming
$38,200
Other revenue
$38,200

Expenses

Grants and similar amounts paid
$1,656,166
Compensation of officers, directors and key employees
$10,000
Other salaries and wages
$320,512
Salaries, compensation and benefits (total)
$372,917
Professional fundraising fees
$0
Accounting fees
$46,603
Program services (functional)
$1,969,820
Management and general (functional)
$157,303
Fundraising (functional)
$130,084

Balance sheet and other

Total assets, start of year
$9,586,624
Total assets, end of year
$9,784,792
Total liabilities, end of year
$208,030
Net assets, end of year
$9,576,762
Publicly traded securities
$9,088,754
Net assets without donor restrictions
$4,584,654
Net assets with donor restrictions
$4,992,108
Gross receipts
$4,279,116
Employees
8
Volunteers
213
Year formed
2002
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JASMINE MILONEEXECUTIVE DIRECTOR
Officer
40$10,000
DEBORAH SCHILLINGTREASURER
Trustee or director, Officer
1$0
KEVIN JAHNSCHAIR
Trustee or director, Officer
1$0
MARIA MONTIEL-MATTHEWSVICE CHAIR
Trustee or director, Officer
1$0
PREEANN JOHNSONSECRETARY
Trustee or director, Officer
1$0
ALEXANDRA CRAWFORD-BATTTRUSTEE
Trustee or director
1$0
TERRA FULHAMTRUSTEE
Trustee or director
1$0
WILLIAM EUILLETRUSTEE
Trustee or director
1$0
PAUL BRINKMANTRUSTEE
Trustee or director
1$0
ANDREW GARRAHANTRUSTEE
Trustee or director
1$0
ANGELA GREEN-BOWERSTRUSTEE
Trustee or director
1$0
JESSE O'CONNELLTRUSTEE
Trustee or director
1$0
LOIS BERLINTRUSTEE
Trustee or director
1$0
MERKEZA GRANTTRUSTEE
Trustee or director
1$0
KAREN SEAVER HILLTRUSTEE
Trustee or director
1$0
4 more people on this return
NameTitleHours / weekCompensation
LILLIAN PACETRUSTEE
Trustee or director
1$0
BETH RESETCOTRUSTEE
Trustee or director
1$0
GEORGE ROSETRUSTEE
Trustee or director
1$0
M WILLIAM SERMONSTRUSTEE
Trustee or director
1$0
990 for the year ended September 30, 2024: 12 people
NameTitleHours / weekCompensation
DEBORAH SCHILLINGTREASURER
Trustee or director, Officer
1$0
KEVIN JAHNSCHAIR
Trustee or director, Officer
1$0
MARIA MONTIEL-MATTHEWSVICE CHAIR
Trustee or director, Officer
1$0
LOIS BERLINSECRETARY
Trustee or director, Officer
1$0
SHANNON WATSONTRUSTEE
Trustee or director
1$0
PREEANN JOHNSONTRUSTEE
Trustee or director
1$0
WILLIAM EUILLETRUSTEE
Trustee or director
1$0
PAUL BRINKMANTRUSTEE
Trustee or director
1$0
ANDREW GARRAHANTRUSTEE
Trustee or director
1$0
ANGELA GREEN-BOWERSTRUSTEE
Trustee or director
1$0
JESSE O'CONNELLTRUSTEE
Trustee or director
1$0
JASMINE MILONEEXECUTIVE DIRECTOR
Officer
40$0
990 for the year ended September 30, 2023: 17 people
NameTitleHours / weekCompensation
JASMINE MILONEEXECUTIVE DIRECTOR
Officer
40$53,125
DEBORAH SCHILLINGTREASURER
Trustee or director, Officer
1$0
KEVIN JAHNSCHAIR
Trustee or director, Officer
1$0
MARIA MONTIEL-MATTHEWSVICE CHAIR
Trustee or director, Officer
1$0
LOIS BERLINSECRETARY
Trustee or director, Officer
1$0
CINDY ANDERSONTRUSTEE
Trustee or director
1$0
PRISCILLA GOODWINTRUSTEE
Trustee or director, Officer
1$0
LORRAINE REILLYTRUSTEE
Trustee or director
1$0
SHANNON WATSONTRUSTEE
Trustee or director
1$0
PREEANN JOHNSONTRUSTEE
Trustee or director
1$0
LARRY BRYANTTRUSTEE
Trustee or director
1$0
WILLIAM EUILLETRUSTEE
Trustee or director
1$0
PAUL BRINKMANTRUSTEE
Trustee or director
1$0
ANDREW GARRAHANTRUSTEE
Trustee or director
1$0
ANGELA GREEN-BOWERSTRUSTEE
Trustee or director
1$0
ABIGAIL OSEITRUSTEE
Trustee or director
1$0
JESSE O'CONNELLTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3330 KING ST, ALEXANDRIA, VA 22302-3001
In care of
% SUSAN YOWELL
Principal officer (990 for 2024)
JASMINE MILONE, 3330 KING STREET, ALEXANDRIA, VA 22302
Signed the 990
DEBORAH SCHILLING, TREASURER
Phone
(703) 824-6730
Return prepared by
JONES & MCINTYRE PLLC

Mission

THE SCHOLARSHIP FUND OF ALEXANDRIA IS A NON-PROFIT ORGANIZATION FORMED TO RECEIVE AND MANAGE PRIVATE AND PUBLIC GIFTS AND DISPERSE THEM IN THE FORM OF SCHOLARSHIPS TO QUALIFIED GRADUATES OF ALEXANDRIA CITY PUBLIC SCHOOLS WHO ATTEND ACCREDITED COLLEGES OR CAREER SCHOOLS.

990 for the year ended September 30, 2025

Program accomplishments

  • SEE SCHEDULE O
    Expenses $1,969,820 · grants $1,656,166

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
20-0031464
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$9,784,792
Income (IRS master file)
$4,279,116

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$2,132,528$2,257,207$9,784,792IRS
990September 2024$2,025,071$2,040,437$9,586,624XML
990September 2023$1,925,799$1,822,189$8,042,863XML
990September 2022$2,653,854$1,778,285$7,551,896IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0031464).

Questions about SCHOLARSHIP FUND OF ALEXANDRIA

What is the EIN of SCHOLARSHIP FUND OF ALEXANDRIA?
The employer identification number (EIN) of SCHOLARSHIP FUND OF ALEXANDRIA is 20-0031464.
Is SCHOLARSHIP FUND OF ALEXANDRIA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to SCHOLARSHIP FUND OF ALEXANDRIA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SCHOLARSHIP FUND OF ALEXANDRIA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SCHOLARSHIP FUND OF ALEXANDRIA due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SCHOLARSHIP FUND OF ALEXANDRIA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of SCHOLARSHIP FUND OF ALEXANDRIA?
The 990 for the year ended September 30, 2025 names JASMINE MILONE.
Who are the officers and directors of SCHOLARSHIP FUND OF ALEXANDRIA?
The 990 for the year ended September 30, 2025 lists 19 people; 1 received compensation from the organization, the highest $10,000 (JASMINE MILONE, EXECUTIVE DIRECTOR).
How much revenue does SCHOLARSHIP FUND OF ALEXANDRIA have?
On its 990 for the year ended September 30, 2025 it reported revenue of $2,132,528, expenses of $2,257,207 and total assets of $9,784,792 at year end.

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