2024-10-12T12:07:17-05:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 7098 E COCHISE RD STE 100 SCOTTSDALE AZ 85253 990 2023-01-01 873848551 FLEISCHER SCHOLARS FOUNDATION FLEI 4804717384 5515 N SAGUARO ROAD PARADISE VALLEY AZ 85253 MORTON FLEISCHER PRESIDENT 4804717384 2024-10-08 1 0 COLETTE KAMPS CPA P00367616 4804831170 2024-10-08 2023 2024-10-15 13:58:12Z MORTON FLEISCHER 5515 N SAGUARO ROAD PARADISE VALLEY AZ 85253 1329886 0 X N/A X 2021 AZ THE FOUNDATION'S PRIMARY PURPOSE IS TO RAISE FUNDS FOR THE PROMOTION AND DEVELOPMENT OF THE SCHOLARS PROGRAM BY PARTNERING WITH COLLEGES AND UNIVERSITIES ACROSS THE UNITED STATES. 7 7 1 0 0 0 2475025 1280056 0 0 172 49789 0 41 2475197 1329886 317109 807810 0 0 17367 52895 18750 0 21094 175597 387160 528823 1247865 1946374 82021 1946374 1878395 0 0 1946374 1878395 THE FOUNDATION'S PRIMARY PURPOSE IS TO RAISE FUNDS FOR THE PROMOTION AND DEVELOPMENT OF THE SCHOLARS PROGRAM BY PARTNERING WITH COLLEGES AND UNIVERSITIES ACROSS THE UNITED STATES. 0 0 1179551 807810 41 THE SCHOLARS PROGRAM WORKS WITH HIGH SCHOOL STUDENTS TO ENCOURAGE ENTREPRENEURIAL SPIRIT AND AN UNDERSTANDING OF THE CAPITALIST PHILOSOPHY OF THE ECONOMIC SYSTEM IN THE UNITED STATES BY PARTNERING WITH COLLEGES AND UNIVERSITIES ACROSS THE UNITED STATES. THE PURPOSE IS TO BRING ECONOMICALLY DISADVANTAGED YOUTHS INTO THE MAINSTREAM OF AMERICAN SOCIETY. 1179551 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 4804717384 5515 N SAGUARO ROAD PARADISE VALLEY AZ 85253 MORTON FLEISCHER CEO/CHAIRMAN/TREASURER 10.00 X X 0 0 0 MELISSA TRUJILLO DIRECTOR 1.00 X 0 0 0 JOSHUA VALDEZ-ELIZETXE DIRECTOR 1.00 X 0 0 0 GARY HEAD DIRECTOR 1.00 X 0 0 0 QUENTIN SMITH DIRECTOR 1.00 X 0 0 0 AMY HILLMAN DIRECTOR 1.00 X 0 0 0 PAUL BELITZ VICE PRESIDENT & SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 1280056 1280056 49789 49789 41 0 41 41 1329886 41 0 49789 X 807810 807810 48229 24114 24115 4666 2333 2333 7612 7612 13160 13160 300967 279873 21094 24710 24710 6881 6881 SUPPLIES AND OTHER 33830 33830 1247865 1179551 47220 21094 1621374 51303 1702092 325000 125000 1946374 1878395 0 0 X 1946374 1753395 125000 1946374 1878395 1946374 1878395 X 82021 -150000 0 X 1 1 X 1 0 X 2475025 1280056 3755081 2475025 1280056 3755081 3148473 606608 172 49789 49961 41 41 3805083 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1329886 0 1329886 0 1329886 1247865 0 1247865 0 1247865 PART X, LINE 2: THE FOUNDATION RECOGNIZES UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY-THAN-NOT THE POSITIONS WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AT DECEMBER 31, 2023, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QULAIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X X 1 PHOENIX PHILANTHROPY GROUP 3301 E GLENROSA AVE PHOENIX AZ 85018 CONSULTATION SERVICES 0 0 71689 -71689 71689 -71689 AZ 1 ARIZONA STATE UNIVERSITY FOUNDATION 300 E UNIVERSITY DR TEMPE AZ 85281 866051042 501(C)(3) 0 192015 FLEISCHER BRIDGE PROGRAM; ASU ENDOWED POSITION UNIVERSITY OF LAVERNE 1950 3RD ST LA VERNE CA 91750 951644026 501(C)(3) 0 50000 FLEISCHER SCHOLARS PROGRAM NAF ACADEMY 218 W 40TH STREET 5TH FLOOR NEW YORK NY 10018 133480246 501(C)(3) 0 485000 FLEISCHER SCHOLARS PROGRAM NAU FOUNDATION 15451 N 28TH AVE PHOENIX AZ 85053 208457303 501(C)(3) 0 28765 FLEISCHER SCHOLARS PROGRAM- 8 STUDENTS CSUSB PHILANTHROPIC FOUNDATION 5500 UNIVERSTIY PARKWAY AD104 SAN BERNANDINO CA 92407 452255077 501(C)(3) 0 24000 FLEISCHER SCHOLARS PROGRAM PURDUE UNIVERSITY 403 WEST WOOD STREET WEST LAFAYETTE IN 47907 356002041 501(C)(3) 0 28030 FLEISCHER SCHOLARS PROGRAM 6 0 PART I, LINE 2: THE GRANTS EXPENDED ARE ALL FOR THE FLEISCHER SCHOLARS PROGRAM, WHICH WAS DEVELOPED BY THE FLEISCHER SCHOLARS FOUNDATION ("THE FOUNDATION"). THE FOUNDATION MONITORS THE USE OF THESE FUNDS THROUGH DIRECT AND FREQUENT COMMUNICATION WITH THE SCHOOLS TO ENSURE THAT THE SCHOLARS PROGRAM IS OPERATING IN ACCORDANCE WITH AGREED UPON PLANS. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S OFFICERS CONDUCT A THOROUGH REVIEW OF THE FORM 990. EACH BOARD MEMBER HAS THE OPPORTUNITY TO REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, OFFICERS, KEY EMPLOYEES, AND OTHERS ARE REQUIRED TO DISCLOSE TO THE BOARD ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST BETWEEN THE FOUNDATION'S INTERESTS AND THE INTERESTED PERSON'S INTEREST. IF AN INTERESTED PERSON HAS A CONFLICT OF INTEREST RELATING TO ANY MATTER UNDER CONSIDERATION FOR A DECISION BY THE BOARD, HE OR SHE SHALL ABSTAIN FROM ANY VOTE OR DISCUSSION ON THAT MATTER. ALSO, EACH INTERESTED PERSON SHALL ANNUALLY SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THERE ARE NO OFFICERS THAT ARE COMPENSATED BY THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEEES: PROGRAM SERVICE EXPENSES 279,873. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 21,094. TOTAL EXPENSES 300,967. FORM 990, PART XI, LINE 8- PRIOR PERIOD ADJUSTMENT THE FORM 990 WAS PREPARED FOR FISCAL YEAR 2022 PRIOR TO THE COMPLETION OF THE AUDIT FOR THE SAME YEAR. THE AUDIT PROCEDURES RESULTED IN AN ADJUSTMENT FOR PROMISES TO GIVE IN THE AMOUNT OF $150,000.