Form 990 for tax year 2023
Filed by VANGUARD SCHOOL FOUNDATION INC.
Totals
- Total revenue
- $376,133
- Total expenses
- $761,873
- Contributions and grants received
- $5,100
- Grants paid
- $761,723
- Program service revenue
- $0
- Investment income
- $371,033
- Other revenue
- $0
- Total assets, end of year
- $6,419,174
- Total liabilities, end of year
- $13
- Net assets or fund balances, end of year
- $6,419,161
- Program services expenses (Part IX)
- $761,723
- Management and general expenses
- $150
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $761,723
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$5,100
-
3 · Investment income
total $103,773 · excluded $103,773
-
7a · Gross sales of assets other than inventory
securities $409,868
-
7b · Less cost or other basis and sales expenses
securities $142,608
-
7c · Gain or loss
securities $267,260
-
7d · Net gain or loss
total $267,260 · excluded $267,260
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $761,723 · program services $761,723
-
13 · Office expenses
total $150 · management and general $150
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $351,889
-
11 · Investments: publicly traded securities
beginning of year $5,611,258 · end of year $6,419,174
-
17 · Accounts payable and accrued expenses
end of year $13
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $5,963,147 · end of year $6,419,161
Mission and programs · 2023
Mission
TO PROVIDE FINANCIAL SUPPORT TO THE VANGUARD SCHOOL OF LAKE WALES FLORIDA, INC (THE SCHOOL) FOR FINANCIAL ASSISTANCE OR SCHOLARSHIPS TOWARDS TUITION FOR STUDENTS OF THE SCHOOL TO PROVIDE EDUCATIONAL ASSISTANCE TO EXCEPTIONAL CHILDREN, WITHOUT REGARD TO RACE, COLOR, OR CREED. ALSO TO HELP FUND OTHER PURPOSES OF THE SCHOOL SHALL DEEM APPROPRIATE FROM TIME TO TIME.
Activities or mission (Part I)
SUPPORTING THE VANGUARD SCHOOL STUDENTS WITH SCHOLARSHIPS FUNDED BY INVESTMENT EARNINGS
-
TO PROVIDE FINANCIAL SUPPORT TO THE VANGUARD SCHOOL (THE SCHOOL) FOR FINANCIAL ASSISTANCE OR SCHOLARSHIPS TOWARDS TUITION FOR STUDENTS OF THE SCHOOL TO PROVIDE EDUCATIONAL ASSISTANCE TO EXCEPTIONAL CHILDREN, WITHOUT REGARD TO RACE, COLOR, OR CREED. ALSO TO HELP FUND OTHER PURPOSES OF THE SCHOOL SHALL DEEM APPROPRIATE FROM TIME TO TIME. THERE WERE 62 SCHOLARSHIP RECIPIENTS DURING THE FISCAL YEAR.
Expenses $761,723 · Grants $761,723
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Victor StoryVICTOR STORY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Charles BaldwinCHARLES BALDWIN
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
John CryanJOHN CRYAN
TREASURER - AS OF 11/2023
- Total calculated
- $0
- Hours/week
- 0.5
-
Cindy AlexanderCINDY ALEXANDER
TRUSTEE - AS OF 11/2023
- Total calculated
- $0
- Hours/week
- 0.5
-
Chase BruttenCHASE BRUTTEN
TRUSTEE - AS OF 11/2023
- Total calculated
- $0
- Hours/week
- 0.5
-
Patricia BruttenPATRICIA BRUTTEN
TRUSTEE - AS OF 11/2023
- Total calculated
- $0
- Hours/week
- 0.5
-
Jim HacklJIM HACKL
TRUSTEE - AS OF 11/2023
- Total calculated
- $0
- Hours/week
- 0.5
-
Tom OwenTOM OWEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Carl ReiserCARL REISER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Abbey Updike SkipperABBEY UPDIKE SKIPPER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Glenn StrehleGLENN STREHLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
June UllmanJUNE ULLMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Lu Shannon GravesLU SHANNON GRAVES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Tamika SmithTAMIKA SMITH
TOP FINANCIAL OFFICIAL - THRU 8/23
- Total calculated
- $0
- Hours/week
- 0.5
-
Tim KnavelTIM KNAVEL
TOP FINANCIAL OFFICIAL
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
FOR STUDENT SCHOLARSHIPS
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 9 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501299349302845
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