The Washington Scholarship Fund Inc in Bethesda, Maryland (MD)

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The Washington Scholarship Fund Inc
Employer Identification Number (EIN)521808833
Name of OrganizationThe Washington Scholarship Fund Inc
In Care of NameGregory M Cork General Council
Address7500 Old Georgetown Rd Fl 15, Bethesda, MD 20814-6812
ActivitiesScholarships (other), Described in section 170(b)1)(a)(vi) of the Code
SubsectionCharitable Organization
Ruling Date07/1993
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2010
Assets$500,000 to $999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$730,429
Amount of Income$10,925,870
Form 990 Revenue Amount$10,925,870


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Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$50,000
Contributions, gifts, grants, and similar amounts received$50,000
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$56,789
Total net assets$29,878
Deficit for the year$-6,789
Net assets or fund balances at beginning of year$36,667
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$29,878
Total liabilities$0
Net assets or fund balances$29,878
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$43,252,490
Gifts, grants, contributions, and membership fees received$43,206,084
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$46,406
Gross receipts from related activities, etc.$0
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