2025-02-02T12:42:56-08:00 2024-06-30 561688300 Foard and Company PA 1347 Harding Place Charlotte NC 28204 990 2023-07-01 810834789 ANSWER Scholarship Inc ANSW 7045441988 9805 Sandy Rock Place C208 Charlotte NC 28277 Susan Andersen Executive Director 2025-02-02 true true Garrett Summers P02001620 7043721515 2023 2025-03-06 01:10:19Z 9805 Sandy Rock Place C208 Charlotte NC 28277 259387 false X WWW.ANSWERSCHOLARSHIP.ORG X 2015 NC To mentor and prepare mothers of school-age children to achieve a college education and inspire them to be role models of academic, personal, and professional success for their children. 11 10 3 60 0 234777 234363 0 170 268 -4660 10703 230287 245334 73288 67738 0 84695 182800 0 90779 122974 48934 280957 299472 -50670 -54138 227507 182105 1482 2432 226025 179673 To mentor and prepare mothers of school-age children to achieve a college education and inspire them to be role models of academic, personal, and professional success for their children. false false 94121 MENTORS FOR MOM PROGRAM - ONE OF THE MOST IMPACTFUL THINGS WE DO FOR OUR SCHOLARS IS CONNECT THEM WITH A VOLUNTEER MENTOR THROUGH OUR MENTORS FOR MOM PROGRAM. MENTORS OFFER OUR SCHOLARS SUPPORT AND GUIDANCE ON BALANCING FAMILY, WORK AND SCHOOL. SCHOLARS MEET REGULARLY WITH THEIR MENTORS FOR ADVICE, MOTIVATION, OR SIMPLY AS A SOUNDING BOARD. SCHOLARS AND MENTORS ALSO CONVENE MONTHLY AS A GROUP, WHERE THEY SHARE EXPERIENCES AND LEARN FROM EXPERTS ON ESSENTIAL TOPICS, SUCH AS FINANCIAL PLANNING, PROFESSIONAL DEVELOPMENT AND WOMEN'S HEALTH. SCHOLARS MUST PARTICIPATE IN THE MENTORS FOR MOM PROGRAM AS PART OF THE SCHOLARSHIP TERMS. THIS PROGRAM IS UTILIZED TO GAUGE HOW WELL THE SCHOLARS ARE DOING IN SCHOOL, ALLOWING US TO IDENTIFY AND RESOLVE ISSUES BEFORE THEY BECOME SETBACKS. 67738 67738 AT FOUNDATION FOR THE CAROLINAS, THE ENDOWMENT FUND IS CALLED THE ANSWER SCHOLARSHIP ENDOWMENT. ANSWER INC. UTILIZES THIS FUND AS A MEANS TO PROVIDE SCHOLARSHIPS FOR STUDENTS. IN 2024, FOUNDATION FOR THE CAROLINAS AWARDED $94,675 IN SCHOLARSHIPS TO ANSWER INC. SCHOLARS, $67,738 OF WHICH WAS PROVIDED BY ANSWER INC. THE REMAINING $26,937 WAS PROVIDED BY THE ENDOWMENT. 161859 true true false false false false false false false true false false false false true false false false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 5 0 true 3 true false false false false false false false 0 false false false false false false false X 11 10 false false false false false false false true false false false true true false false true true false false false NC X X Susan Andersen 7045441988 9805 Sandy Rock Pl Suite C Charlotte NC 28277 Susan Andersen Executive Dir. 35.00 0.00 X X 30250 0 7183 Brian Wallace Chairman 1.00 0.00 X X 0 0 0 LaWanda Goodman Director 1.00 0.00 X 0 0 0 Tani Seymore Treasurer 2.00 0.00 X X 0 0 0 Felix Nater Director 1.00 0.00 X 0 0 0 Lori Meyers Director 1.00 0.00 X 0 0 0 Paula Goolkasian Director 1.00 0.00 X 0 0 0 Sharon Townsend Director 1.00 0.00 X 0 0 0 Gwyndolan Swain Director 1.00 0.00 X 0 0 0 Bill Girone Director 1.00 0.00 X 0 0 0 Pam Sanders-Marsh Director 1.00 0.00 X 0 0 0 30250 7183 0 false false false 0 5985 228378 2599 234363 0 232 232 0 0 0 36 36 36 36 24756 5985 14053 10703 0 0 0 245334 36 232 67738 67738 0 0 0 37433 12478 12478 12477 0 130848 51113 10913 68822 0 7183 2371 2442 2370 7336 2421 2494 2421 0 0 0 0 0 0 8575 231 7188 1156 0 655 655 2138 1069 1069 0 0 2640 1038 1199 403 0 0 0 0 0 1523 1523 Programming 21513 21513 Dues and Subscriptions 4721 590 3079 1052 Postage and Shipping 3628 1190 1437 1001 Bank Fees 1944 1328 616 1597 107 1029 461 299472 161859 46834 90779 71177 54903 156330 127202 0 0 0 0 0 0 0 0 0 0 0 0 0 227507 182105 1482 2432 1482 2432 X 216025 177841 10000 1832 226025 179673 227507 182105 -54138 7786 X true X false true false X 286538 204042 315901 234777 234363 1275621 0 0 286538 204042 315901 234777 234363 1275621 0 1275621 553 115 170 209 232 1279 -1686 -9007 861 -4660 10703 -3789 0 1273111 1.00000 0.75790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62591 8303 517 70377 57187 5914 510 62591 66793 -9081 525 57187 51654 15643 504 66793 1.00000 true false false Credit Card Payable 193 payroll taxes payable 2239 2432 Part V, Line 4: Intended uses of the endowment fund. The Quasi Endowment was established for us to invest for a rainy day. The Quasi allows us to withdraw a percentage every year if needed. We can also draw down the account to $0, if needed. X X X X false Fall Festival 24444 24444 522 4283 940 1879 Pancake Fundraiser 6297 5985 312 5797 400 232 30741 5985 24756 522 10080 1340 2111 14053 10703 true Foundation for the Carolinas 220 North Tryon Street Charlotte NC 28202 566047886 67738 0 Scholarships 1 0 Grantmaker's Description of How Grants are Used A Selection Committee is appointed by the Board of Directors. The Selection Committee reviews scholarship applications and determines which potential scholars meet eligibility requirements. Qualifying candidates are interviewed in person with a panel of 5-6 members of the Selection Committee. After all interviews are completed, the Selection Committee recommends the scholars to receive an award. After the scholars are selected, they are paired with a mentor who helps ensure they meet the requirements in their scholarship agreement, including participation in the Mentors for Mom program. Form 990, Part VI, Section B, Line 11b An independent CPA firm prepares the Form 990. The CEO, Treasurer, and Finance Committee members review and approve the Form 990. The reviewed Form 990 is then provided to all board members prior to filing. The board members are given a period of time to review and raise any questions before the 990 is filed. Form 990, Part VI, Section C, Line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. A public copy of the Form 990 is provided on the organization's website.