2024-11-12T14:00:51-06:00 2023-12-31 420714325 RSM US LLP 1001 WATER ST STE 500 TAMPA FL 33602 990EZ 2023-01-01 813982260 THE SFIG FOUNDATION INC SFIG 2025246300 1776 I STREET NW 501 WASHINGTON DC 20006 COVELL ADAMS EXECUTIVE DIRECTOR 2025246300 2024-11-12 1 0 KRISTEN BARNETT P01234578 8133162300 2024-11-12 2023 2024-10-15 13:58:12Z X WWW.STRUCTUREDFINANCEFOUNDATION.ORG X X 110886 X 99036 11850 11328 522 99558 40000 9023 3735 52758 46800 181162 0 227962 X 140781 226514 40381 1448 181162 227962 0 0 181162 227962 X TO HELP THOSE IN NEED BUILD A BETTER FUTURE.THE SFIG FOUNDATION IS A 501(C)(3) NOT-FOR-PROFIT ORGANIZATION THAT PROVIDES COLLEGE SCHOLARSHIPS TO STUDENTS IN NEED. THE SFIG FOUNDATION PARTNERED WITH MENTOR FOUNDATION USA AND SCHOLARSHIP AMERICA TO FURTHER THE EDUCATIONAL OPPORTUNITIES OF UNDERSERVED YOUTH. THIS COLLABORATION PROVIDED SCHOLARSHIP FUNDING FOR HIGH SCHOOL STUDENTS WHO HAVE SUCCESSFULLY PARTICIPATED IN MENTOR FOUNDATION USA'S CAREER MENTORING OR YOUTH AMBASSADOR PROGRAMS. 20000 20000 THE SFIG FOUNDATION HAS ENTERED INTO A PARTNERSHIP WITH THE UNIVERSITY OF THE DISTRICT OF COLUMBIA TO PROVIDE TWO SCHOLARSHIPS PER YEAR TO STUDENTS ENROLLED IN BUSINESS SCHOOL 20000 20000 40000 X ANNA-LIZA HARRIS CHAIR 1.00 0 0 0 AASHH PAREKH VICE CHAIR 1.00 0 0 0 ANDREW DAVIDSON TREASURER 1.00 0 0 0 ANGELA ULUM SECRETARY 1.00 0 0 0 LESLIE SACK EXECUTIVE DIRECTOR 1.00 0 0 0 KRISTI LEO DIRECTOR/PRESIDENT SFIG TO 6/30/23 1.00 0 0 0 MICHAEL BRIGHT DIRECTOR/CEO OF SFIG 1.00 0 0 0 WENDY COHN DIRECTOR 1.00 0 0 0 PATRICK ORR DIRECTOR 1.00 0 0 0 MICHAEL WILLIAMS DIRECTOR 1.00 0 0 0 CHRIS ABATE DIRECTOR 1.00 0 0 0 NANCY MUELLER HANDAL DIRECTOR 1.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 NY NJ NC IL COVELL ADAMS EXECUTIVE DIRECTOR 1776 I STREET NW 501 WASHINGTON DC 20006 2025246300 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X X X 1 STRUCTURED FINANCE INDUSTRY GROUP INC 462258052 10 1 41773 0 1 41773 0 1 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 PART IV, SECTION A, LINE 3B: STRUCTURED FINANCE INDUSTRY GROUP, INC., THE SUPPORTED ORGANIZATION OF THE SFIG FOUNDATION, INC. IS AN ENTITY DESCRIBED IN 501(C)(6) OF THE CODE. THE SFIG FOUNDATION PERFORMED THE 509(A)(2) 33 1/3% SUPPORT TEST FOR THE INCOME OF STRUCTURED FINANCE INDUSTRY GROUP, INC. STRUCTURED FINANCE INDUSTRY GROUP, INC. PASSED THE SUPPORT TEST AS DESCRIBED IN 509(A)(2) OF THE INTERNAL REVENUE CODE. PART IV, SECTION A, LINE 3C: SFIG FOUNDATION'S EXEMPT PURPOSE IS TO RAISE FUNDS FOR SCHOLARSHIPS. NO MONIES ARE GIVEN BY THE FOUNDATION TO THE SUPPORTED 501(C)(6), EXCEPT FOR REIMBURSEMENT OF FOUNDATION EXPENSES PAID BY SFIG. PART IV, SECTION A, LINE 6: THE SFIG FOUNDATION PROVIDED COLLEGE SCHOLARSHIPS TO HIGH SCHOOL STUDENTS PARTICIPATING IN MENTOR FOUNDATION PROGRAMS. OUR GRANTS FURTHER OUR GOALS TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR UNDERSERVED YOUTH. THE FUNDS WERE ALLOCATED TO STUDENTS WHO TAKE PART IN MENTOR FOUNDATION USA'S CAREER MENTORING OR YOUTH AMBASSADOR PROGRAMS. THE SCHOLARSHIP FUND IS MANAGED AND ADMINISTERED BY SCHOLARSHIP AMERICA. IT ALSO ESTABLISHED A COLLEGE SCHOLARSHIP FUND FOR CURRENT STUDENTS AT THE UNIVERSITY OF THE DISTRICT OF COLUMBIA. WE BELIEVE SOME OF THE SCHOLARSHIP RECIPIENTS WILL PURSUE INTERNSHIPS AND CAREERS IN BUSINESS OR FINANCE-RELATED FIELDS. PART IV, SECTION B, LINE 2: THE SFIG FOUNDATION PROVIDES DONATIONS DIRECTLY TO SELECT STUDENTS, VIA SCHOLARSHIP AMERICA, PARTICIPATING IN CERTAIN MENTOR FOUNDATION PROGRAMS; IT ALSO PROVIDES SCHOLARSHIPS FOR CURRENT STUDENTS AT THE UNIVERSITY OF THE DISTRICT OF COLUMBIA. WE BELIEVE SOME OF THE SCHOLARSHIP RECIPIENTS WILL PURSUE INTERNSHIPS AND CAREERS IN BUSINESS OR FINANCE-RELATED FIELDS. IN ADDITION TO PROVIDING AN AVENUE FOR MEMBERS OF THE SUPPORTED ORGANIZATION TO CONTRIBUTE TO THEIR COMMUNITY, THE SUPPORTED ORGANIZATION BELIEVES THAT PROVIDING YOUTH WITH GREATER EDUCATIONAL OPPORTUNITIES MAY CONTRIBUTE TO A BETTER UNDERSTANDING OF AND EFFECTIVE PARTICIPATION IN THE CAPITAL MARKETS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED VIRTUAL WINE TASTING 41375 29525 11850 11328 41375 29525 11850 11328 11328 522 FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: GRANTS TO U.S. BASED INDIVIDUAL. GRANTEE NAME: 2 - SCHOLARSHIP RECIPIENT. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 20,000. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: GRANTS TO U.S. BASED ORGANIZATION. GRANTEE NAME: SCHOLARSHIP AMERICA. GRANTEE ADDRESS: 7900 INTERNATIONAL DRIVE, SUITE 500 MINNEAPOLIS, MN 55425. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 20,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 40,000. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: IT EXPENSE. AMOUNT: 1,127. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 489. DESCRIPTION: BANK FEES. AMOUNT: 1,773. DESCRIPTION: INSURANCE. AMOUNT: 346. TOTAL TO FORM 990-EZ, LINE 16: 3,735. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,050. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 346. END OF YEAR AMOUNT: 398. DESCRIPTION: DUE FROM STRUCTURED FINANCE INDUSTRY GROUP, INC.. BEG. OF YEAR AMOUNT: 40,035. END OF YEAR AMOUNT: 0. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.