2024-02-27T09:34:06-06:00 2022-12-31 330526284 ALMICH & ASSOCIATES 26463 RANCHO PARKWAY SOUTH LAKE FOREST CA 92630 990 2022-01-01 363981605 DEVRY SCHOLARSHIP FUND DEVR 6305057603 4225 NAPERVILLE ROAD 400 LISLE IL 60532 ALICE ZHONG TREASURER 6302454778 2024-02-26 1 ALICE ZHONG 999009999 0 JAMES A BERMUDEZ P00099878 9496007550 2024-02-26 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JOHN J STACHNIAK 4225 NAPERVILLE ROAD SUITE 400 LISLE IL 60532 99474 0 X WWW.DEVRYSCHOLARSHIPFUND.ORG X 1994 IL THE DEVRY SCHOLARSHIP FUND IS A 501(C)3 PUBLIC CHARITY PROVIDING SCHOLARSHIPS FOR STUDENT RECOGNITION, PERSISTENCE ASSISTANCE, AND DEBT RELIEF FOR CONTINUING STUDENTS AT DEVRY UNIVERSITY AND ITS KELLER GRADUATE SCHOOL OF MANAGEMENT. 5 5 0 64 0 0 73789 91568 0 0 0 7906 0 0 73789 99474 95000 92500 0 0 0 0 0 0 0 460 740 95460 93240 -21671 6234 46761 1150135 0 0 46761 1150135 X THE ORGANIZATION STRIVES TO HELP KEEP EDUCATION WITHIN REACH FOR STUDENTS BY PROVIDING FINANCIAL SUPPORT IN THE FORM OF SCHOLARSHIPS. SCHOLARSHIPS ARE AWARDED TO QUALIFYING CURRENT STUDENTS, ESPECIALLY THOSE WITH THE GREATEST NEED AND WHO HAVE ESTABLISHED A SUCCESSFUL ACADEMIC TRACK RECORD. 0 0 92500 92500 THE ORGANIZATION HAS DISTRIBUTED SCHOLARSHIP FUNDS FOR STUDENTS TO ASSIST WITH THE SUCCESSFUL PROGRESSION THROUGH THEIR ACADEMIC PROGRAMS. 92500 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 IL X X ALICE ZHONG 6302454778 4225 NAPERVILLE ROAD SUITE 400 LISLE IL 60532 X NELSON BROWN VICE PRESIDENT 1.00 X X 0 0 0 BRANNDON KELLEY PRESIDENT 1.00 X X 0 0 0 JOAN CETERA DIRECTOR 1.00 X 0 0 0 STEFANIE KHAN DIRECTOR 1.00 X 0 0 0 SHALOM SUNIULA DIRECTOR 1.00 X 0 0 0 JOHN J STACHNIAK EXECUTIVE DIRECTOR 10.00 X 0 0 0 ALICE ZHONG TREASURER 1.00 X 0 0 0 JODI ZANELLA SECRETARY 1.00 X 0 0 0 0 0 0 0 0 0 0 0 91568 91568 7906 7906 99474 0 0 7906 92500 92500 BANK FEES 740 740 93240 92500 740 0 46761 150135 1000000 46761 1150135 0 0 X 46761 1150135 46761 1150135 46761 1150135 X 6234 1097140 X 0 0 0 X 68958 73789 91568 234315 68958 73789 91568 234315 142106 92209 7906 7906 242221 0.38070 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: TRANSFER FROM PREDECESSOR ORGANIZATION DATE: 08/01/22 AMOUNT: 1097140. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 SCHOLARSHIPS 37 92500 PART I, LINE 2: SCHOLARSHIP APPLICATIONS ARE RANKED, AGGREGATED AND REVIEWED THROUGH A DEDICATED SYSTEM FOLLOWING A SPECIFIC PROCESS AND RUBRIC. ELIGIBILITY SCREENING FOR APPLICANTS OCCURS THROUGH THE SYSTEM AT THE BEGINNING OF THE PROCESS. ALL SCHOLARSHIP ELIGIBLE APPLICATIONS ARE "BLIND REVIEWED" BY AT LEAST THREE (3) REVIEWERS. ALL APPLICATION INFORMATION IS VERIFIED. RANKINGS ARE COMPILED WITHIN THE APPLICATION SYSTEM. APPROVAL OF TOP FINALISTS IS BY THE DSF BOARD OF DIRECTORS. THE DEDICATED AWARDSPRING SYSTEM MAINTAIN RECORDS TO SUBSTANTIATE THE AMOUNT OF THE GRANTS OR ASSISTANCE, THE GRANTEES' ELIGIBILITY FOR THE GRANTS OR ASSISTANCE, AND THE SELECTION CRITERIA USED TO AWARD THE GRANTS OR ASSISTANCE. FORM 990, PAGE 1, ITEM B THE ORGANIZATION RECEIVED A TRANSFER OF RESTRICTED ASSETS FROM EMPOWER SCHOLARSHIP FUND WHICH WAS REPORTED AS A CONTRIBUTION ON THE ORIGINALLY FILED RETURN. THE AMOUNT RECEIVED IS NOW REPORTED AS AN INCREASE IN NET ASSETS. SEE ALSO THE NOTE TO FORM 990, PART XI, LINE 9, OTHER CHANGES IN NET ASSETS, BELOW. FORM 990, PART VI, SECTION B, LINE 11B THE FORM WAS PREPARED IN CONJUNCTION WITH OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. THE FORM 990 WILL BE PRESENTED TO MEMBERS OF THE GOVERNING BODY AT THE NEXT AVAILABLE MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL QUESTIONNAIRE AND REVIEW. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9, OTHER CHANGES IN NET ASSETS: EMPOWER SCHOLARSHIP FUND (EIN: 36-4390648) RETURNED RESTRICTED ASSETS (CASH) OF $1,097,140 BACK TO DEVRY SCHOLARSHIP FUND. EMPOWER SCHOLARSHIP FUND WAS GRANTED APPROVAL FROM THE ILLINOIS ATTORNEY GENERAL FOR THE DIVESTITURE AND IT WAS FINALIZED BY THE COURTS IN JUNE OF 2022 AND TRANSFERED IN AUGUST OF 2022.