{"success":true,"data":{"_id":272480291,"filings":[{"Organization":{"value":null,"Person":["WALTER SCOTT JR","JOSEPH NEUBAUER","DENNIS R WASHINGTON","PAUL ANTHONY NOVELLY","ANTHONY WELTERS","DAVID L SOKOL","TERRENCE J GIROUX"],"Title":["CHAIRMAN AND PRESIDENT","SECRETARY","DIRECTOR","DIRECTOR","ASSISTANT SECRETARY","VICE PRESIDENT","EXECUTIVE DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,5.0],"Total Compensation":[0,0,0,0,0,0,55495],"Direct compensation":[0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,55495]},"Basic":{"value":null,"mission":"The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the \"association\") for the benefit of the association's existing and future programs.","year":2017,"name":"HORATIO ALGER ENDOWMENT FUND","phone":7036849444,"website":"WWW.HORATIOALGER.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TERRENCE J GIROUX","year_formation":2010,"state_legal_domicile":"VA","total_volunteers":6,"tax_period_begin":"2017-01-01T00:00:00","tax_period_end":"2017-12-31T00:00:00","address":"99 CANAL CENTER PLAZA NO 320, ALEXANDRIA, VA, 22314, USA","city":"ALEXANDRIA","state":"VA","country":"USA","zip_code":22314},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":6,"Number of independent voting members":6,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":43388283,"Contributions":{"value":29306100,"Other contributions":29306100,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":14082183,"Investment income total":2834944,"Net investment gain":11247239,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":12501783,"Grant expense":{"value":9358214,"Grants to domestic orgs":9358214,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":349750,"Current officers":201818,"Disqualified persons":0,"Other salaries and wages":116409,"Pension plan contributions":6841,"Other employee benefits":7613,"Payroll taxes":17069},"Other expenses":{"value":2793819,"Management services":0,"Legal":0,"Accounting":55320,"Lobbying services":0,"Investment management fees":592045,"Other services":227548,"Advertising":456293,"Office expenses":16994,"Information technology":0,"Royalties":0,"Occupancy":42072,"Travel":7849,"Conferences and meetings":762122,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":633576,"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":11234934,"Management And General Expenses":885076,"Fundraising Expenses":381773}},"Assets":{"value":233703452,"Non-interest bearing cash":5737059,"Savings and temp cash investments":15209756,"Pledges and grants receivable":11124754,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":377400,"Land, building, equipment":0,"Investments publicly traded":199252590,"Investments other":163162,"Investments program related":0,"Intangible assets":0,"Other assets":1838731},"Liabilities":{"value":342830,"Sum of Total Liabilities":0,"Accounts payable, accrued":9386,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":333444},"Fund balance":{"value":233360622,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":218046335,"Temporarily restricted net assets":10367732,"Permanently restricted net assets":4946555},"Ratings":{"Program Expense Ratio":{"score":0.898666534205561,"percentile":0.7682971087462641},"Fundraising Efficiency":{"score":76.76315506858788,"percentile":0.8390529158590126},"Operating Margin":{"score":0.7118626934373042,"percentile":0.9611187118619335},"Liabilities to Assets Ratio":{"score":0.0014669445276315387,"percentile":0.5628065427467869},"Operating Reserve Ratio":{"score":18.693609703511893,"percentile":0.9416235083895164},"Officer Compensation Ratio":{"score":0.0044389668257719716,"percentile":0.9833508095296469},"Program Expense Growth":{"score":0.23936717989778256,"percentile":0.8327045135351212},"Revenue Growth":{"score":0.040528714781596635,"percentile":0.564729323815579},"Asset Growth":{"score":0.13463506883697296,"percentile":0.7561925487274824},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.830328590244126,"percentile":0.9741261819344639}},"source_xml":"201803189349301150_public.xml"},{"Organization":{"value":null,"Person":["WALTER SCOTT JR","GEORGE L ARGYROS","JOSEPH NEUBAUER","DENNIS R WASHINGTON","PAUL ANTHONY NOVELLY","ANTHONY WELTERS","DAVID SOKOL","TERRENCE J GIROUX"],"Title":["PRESIDENT","DIRECTOR","SECRETARY","DIRECTOR","DIRECTOR","VICE PRESIDENT","VICE PRESIDENT","EXECUTIVE DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,5.0],"Total Compensation":[0,0,0,0,0,0,0,324189],"Direct compensation":[0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,324189]},"Basic":{"value":null,"mission":"The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the \"association\") for the benefit of the association's existing and future programs.","year":2014,"name":"HORATIO ALGER ENDOWMENT FUND","phone":7036849444,"website":"WWW.HORATIOALGER.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TERRENCE J GIROUX","year_formation":2010,"state_legal_domicile":"VA","total_volunteers":7,"tax_period_begin":"2014-01-01T00:00:00","tax_period_end":"2014-12-31T00:00:00","address":"99 CANAL CENTER PLAZA NO 320, ALEXANDRIA, VA, 22314, USA","city":"ALEXANDRIA","state":"VA","country":"USA","zip_code":22314},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":31694668,"Contributions":{"value":21204025,"Other contributions":21204025,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":10490643,"Investment income total":2319523,"Net investment gain":8171120,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":6079963,"Grant expense":{"value":2514793,"Grants to domestic orgs":2514793,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":256149,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":215512,"Pension plan contributions":8126,"Other employee benefits":23001,"Payroll taxes":9510},"Other expenses":{"value":3309021,"Management services":0,"Legal":0,"Accounting":19883,"Lobbying services":0,"Investment management fees":352013,"Other services":220801,"Advertising":552222,"Office expenses":31421,"Information technology":0,"Royalties":0,"Occupancy":32861,"Travel":7642,"Conferences and meetings":111273,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":1445,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1978351,"AUDIO VISUAL & MULTIMED":1660977,"BAD DEBT EXPENSE":159083,"SPECIAL EVENT ADMINISTR":157015,"MISCELLANEOUS EXPENSES":1276},"All other expenses":1109},"Functional Expenses":{"value":null,"Program Service Expenses":5043705,"Management And General Expenses":738384,"Fundraising Expenses":297874}},"Assets":{"value":154408993,"Non-interest bearing cash":1713789,"Savings and temp cash investments":5438794,"Pledges and grants receivable":10089795,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":1113165,"Land, building, equipment":0,"Investments publicly traded":133778079,"Investments other":504268,"Investments program related":0,"Intangible assets":0,"Other assets":1771103},"Liabilities":{"value":1735318,"Sum of Total Liabilities":0,"Accounts payable, accrued":38948,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":1696370},"Fund balance":{"value":152673675,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":138832958,"Temporarily restricted net assets":8949791,"Permanently restricted net assets":4890926},"Ratings":{"Program Expense Ratio":{"score":0.8295617917411668,"percentile":0.664007153617491},"Fundraising Efficiency":{"score":71.18454447182366,"percentile":0.8301982436585359},"Operating Margin":{"score":0.808170793901359,"percentile":0.9737425252395765},"Liabilities to Assets Ratio":{"score":0.0112384516360391,"percentile":0.49219376041610335},"Operating Reserve Ratio":{"score":25.396370504228397,"percentile":0.9596296394347992},"Officer Compensation Ratio":{"score":0.05332088369616723,"percentile":0.7406799453199365},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.8107037737384977,"percentile":0.9649338860643275}},"source_xml":"201543069349301209_public.xml"},{"Organization":{"value":null,"Person":["WALTER SCOTT JR","GEORGE L ARGYROS","JOSEPH NEUBAUER","DENNIS R WASHINGTON","PAUL ANTHONY NOVELLY","ANTHONY WELTERS","TERRENCE J GIROUX"],"Title":["CHAIRMAN AND PRESIDENT","DIRECTOR","SECRETARY","DIRECTOR","DIRECTOR","VICE PRESIDENT AND ASSISTANT SECRETARY","EXECUTIVE DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,5.0],"Total Compensation":[0,0,0,0,0,0,294237],"Direct compensation":[0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,294237]},"Basic":{"value":null,"mission":"The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the \"association\") for the benefit of the association's existing and future programs.","year":2015,"name":"HORATIO ALGER ENDOWMENT FUND","phone":7036849444,"website":"WWW.HORATIOALGER.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TERRENCE J GIROUX","year_formation":2010,"state_legal_domicile":"VA","total_volunteers":6,"tax_period_begin":"2015-01-01T00:00:00","tax_period_end":"2015-12-31T00:00:00","address":"99 CANAL CENTER PLAZA NO 320, ALEXANDRIA, VA, 22314, USA","city":"ALEXANDRIA","state":"VA","country":"USA","zip_code":22314},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":6,"Number of independent voting members":6,"Number of employees total":5,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":5,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":36374870,"Contributions":{"value":31560281,"Other contributions":31560281,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":4814589,"Investment income total":2706395,"Net investment gain":2108194,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":9260321,"Grant expense":{"value":3098500,"Grants to domestic orgs":3098500,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":350995,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":291488,"Pension plan contributions":13533,"Other employee benefits":33749,"Payroll taxes":12225},"Other expenses":{"value":5810826,"Management services":0,"Legal":1625,"Accounting":18386,"Lobbying services":0,"Investment management fees":440720,"Other services":244182,"Advertising":1133246,"Office expenses":38334,"Information technology":0,"Royalties":0,"Occupancy":43882,"Travel":6084,"Conferences and meetings":2243783,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1634202,"BAD DEBT EXPENSE":992697,"AUDIO VISUAL & MULTIMED":614458,"MISCELLANEOUS EXPENSES":20032,"SPECIAL EVENT ADMINISTR":7015},"All other expenses":6382},"Functional Expenses":{"value":null,"Program Service Expenses":7197767,"Management And General Expenses":1642725,"Fundraising Expenses":419829}},"Assets":{"value":172801961,"Non-interest bearing cash":3098532,"Savings and temp cash investments":6813098,"Pledges and grants receivable":20860899,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":501500,"Land, building, equipment":0,"Investments publicly traded":139538478,"Investments other":355322,"Investments program related":0,"Intangible assets":0,"Other assets":1634132},"Liabilities":{"value":1888795,"Sum of Total Liabilities":0,"Accounts payable, accrued":42631,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":1846164},"Fund balance":{"value":170913166,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":146450315,"Temporarily restricted net assets":19720896,"Permanently restricted net assets":4741955},"Ratings":{"Program Expense Ratio":{"score":0.7772697080371188,"percentile":0.5992848396477971},"Fundraising Efficiency":{"score":75.1741328016883,"percentile":0.8367286004087954},"Operating Margin":{"score":0.7454198186825135,"percentile":0.9658528711578647},"Liabilities to Assets Ratio":{"score":0.010930402578012411,"percentile":0.49365795524004763},"Operating Reserve Ratio":{"score":18.66047202899338,"percentile":0.9415087205419118},"Officer Compensation Ratio":{"score":0.03177395254440964,"percentile":0.8505050189324104},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7950510809430721,"percentile":0.9557791873142517}},"source_xml":"201603199349306745_public.xml"},{"Organization":{"value":null,"Person":["PAUL ANTHONY NOVELLY","JOSEPH NEUBAUER","JOHN WEILAND","DAVID L SOKOL","DENNIS R WASHINGTON","LEON G COOPERMAN","JAMES M SENEFF JR","TERRENCE J GIROUX","JOHN B THORNBURG","CONSTANTINE G KATSARASKIS","MARGARET SLIPEK","DEBRA J STANCIL"],"Title":["CHAIRMAN","VICE PRESIDENT","TREASURER","PRESIDENT","DIRECTOR","DIRECTOR","SECRETARY","EXECUTIVE DIRECTOR","MANAGING DIRECTOR","ASSOCIATE EXECUTIVE DIRECT","MANAGER EDITORIAL SERVICES","MANAGER OF NOMINATIONS"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,9.0,5.0,1.0,3.0,1.0],"Total Compensation":[0,0,0,0,0,0,0,74441,44469,32289,43483,48753],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,74441,44469,32289,43483,48753]},"Basic":{"value":null,"mission":"The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the \"association\") for the benefit of the association's existing and future programs.","year":2022,"name":"HORATIO ALGER ENDOWMENT FUND","phone":7036849444,"website":"WWW.HORATIOALGER.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TERRENCE J GIROUX","year_formation":2010,"state_legal_domicile":"VA","total_volunteers":7,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"99 CANAL CENTER PLAZA 320, ALEXANDRIA, VA, 22314, USA","city":"ALEXANDRIA","state":"VA","country":"USA","zip_code":22314},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":41403763,"Contributions":{"value":21389062,"Other contributions":21389062,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":20014701,"Investment income total":7501943,"Net investment gain":12512758,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":7017611,"Grant expense":{"value":3827733,"Grants to domestic orgs":3827733,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":636492,"Current officers":289297,"Disqualified persons":0,"Other salaries and wages":97295,"Pension plan contributions":2743,"Other employee benefits":7512,"Payroll taxes":239645},"Other expenses":{"value":2553386,"Management services":0,"Legal":12166,"Accounting":65423,"Lobbying services":0,"Investment management fees":426406,"Other services":103719,"Advertising":6625,"Office expenses":115309,"Information technology":33761,"Royalties":0,"Occupancy":36267,"Travel":3710,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":1750000,"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":3827865,"Management And General Expenses":2615286,"Fundraising Expenses":574460}},"Assets":{"value":307856993,"Non-interest bearing cash":1250001,"Savings and temp cash investments":20841204,"Pledges and grants receivable":11934984,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":263173069,"Investments other":8665595,"Investments program related":0,"Intangible assets":0,"Other assets":1992140},"Liabilities":{"value":449732,"Sum of Total Liabilities":0,"Accounts payable, accrued":25710,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":424022},"Fund balance":{"value":307407261,"Net assets without donor restriction":290161948,"Net assets with donor restriction":17245313,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.54546554375841,"percentile":0.4831636228883536},"Fundraising Efficiency":{"score":37.23333565435365,"percentile":0.7330205444140104},"Operating Margin":{"score":0.8305078936907256,"percentile":0.976282124834333},"Liabilities to Assets Ratio":{"score":0.0014608471148160665,"percentile":0.5628811044306027},"Operating Reserve Ratio":{"score":43.86920178391193,"percentile":0.9783695639213711},"Officer Compensation Ratio":{"score":0.03468915561150369,"percentile":0.8350440795742418},"Program Expense Growth":{"score":-0.008946043318659797,"percentile":0.29136693113373513},"Revenue Growth":{"score":0.004211063278436589,"percentile":0.38846693213126754},"Asset Growth":{"score":0.08588538054490534,"percentile":0.645667984457895},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6713812101556584,"percentile":0.7921341225262145}},"source_xml":"202323179349302102_public.xml"},{"Organization":{"value":null,"Person":["LEON COOPERMAN","JAMES SENEFF","JOHN WEILAND","DON DASEKE","STANLEY KROENKE","CALVIN SISSON","DENNIS WASHINGTON","MICHAEL ROLLINS","TERRENCE J GIROUX","CONSTANTINE G KATSARASKIS","JOHN B THORNBURG","MARGARET SLIPEK","DEBRA J STANCIL"],"Title":["CHAIRMAN","PRESIDENT","TREASURER","SECRETARY","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","EXECUTIVE DIRECTOR","CHIEF OPERATING OFFICER","CHIEF FINANCIAL OFFICER","SENIOR MANAGER OF MEMBERSHIP PROGRAMS","MANAGER OF NOMINATIONS"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,9.0,6.0,11.0,4.0,1.0],"Total Compensation":[0,0,0,0,0,0,0,0,454573,85133,49173,49596,51380],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,454573,85133,49173,49596,51380]},"Basic":{"value":null,"mission":"The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the \"association\") for the benefit of the association's existing and future programs.","year":2023,"name":"HORATIO ALGER ENDOWMENT FUND","phone":7036849444,"website":"WWW.HORATIOALGER.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JOHN THORNBURG","year_formation":2010,"state_legal_domicile":"VA","total_volunteers":8,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"99 CANAL CENTER PLAZA 320, ALEXANDRIA, VA, 22314, USA","city":"ALEXANDRIA","state":"VA","country":"USA","zip_code":22314},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":8,"Number of independent voting members":8,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":12596913,"Contributions":{"value":5949966,"Other contributions":5949966,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":6646947,"Investment income total":9128288,"Net investment gain":-2481341,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":15504446,"Grant expense":{"value":12685108,"Grants to domestic orgs":12685108,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":456237,"Current officers":367775,"Disqualified persons":0,"Other salaries and wages":40136,"Pension plan contributions":9647,"Other employee benefits":22556,"Payroll taxes":16123},"Other expenses":{"value":2363101,"Management services":0,"Legal":5539,"Accounting":35833,"Lobbying services":0,"Investment management fees":579288,"Other services":88598,"Advertising":828092,"Office expenses":30992,"Information technology":39087,"Royalties":0,"Occupancy":34257,"Travel":34798,"Conferences and meetings":257334,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":28734,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":400549,"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":14298172,"Management And General Expenses":1176343,"Fundraising Expenses":29931}},"Assets":{"value":329998445,"Non-interest bearing cash":185000,"Savings and temp cash investments":21605631,"Pledges and grants receivable":9388336,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":952766,"Land, building, equipment":0,"Investments publicly traded":285665659,"Investments other":10009621,"Investments program related":0,"Intangible assets":0,"Other assets":2191432},"Liabilities":{"value":2530054,"Sum of Total Liabilities":0,"Accounts payable, accrued":54179,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":2475875},"Fund balance":{"value":327468391,"Net assets without donor restriction":312372262,"Net assets with donor restriction":15096129,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9221981875392388,"percentile":0.8053940128732892},"Fundraising Efficiency":{"score":198.78941565600883,"percentile":0.9196464659556431},"Operating Margin":{"score":-0.2308131365200347,"percentile":0.1371744513957404},"Liabilities to Assets Ratio":{"score":0.007666866430234239,"percentile":0.5112971192970553},"Operating Reserve Ratio":{"score":21.284117149364768,"percentile":0.949831445767087},"Officer Compensation Ratio":{"score":0.04449401158867592,"percentile":0.784256966995141},"Program Expense Growth":{"score":0.04854865542342303,"percentile":0.5258825827912744},"Revenue Growth":{"score":-0.03517061677062321,"percentile":0.25370207211890977},"Asset Growth":{"score":0.0818344008009179,"percentile":0.634106728473234},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6502821015624523,"percentile":0.7423413366536123}},"source_xml":"202423199349307732_public.xml"},{"Organization":{"value":null,"Person":["WALTER SCOTT JR","JOSEPH NEUBAUER","PAUL ANTHONY NOVELLY","DAVID L SOKOL","DENNIS R WASHINGTON","ANTHONY WELTERS","JAMES M SENEFF JR","TERRENCE J GIROUX","JOHN B THORNBURG","CONSTANTINE G KATSARASKIS","MARGARET SLIPEK"],"Title":["CHAIRMAN AND PRESIDENT","SECRETARY","DIRECTOR","VICE PRESIDENT","DIRECTOR","ASSISTANT SECRETARY","DIRECTOR","EXECUTIVE DIRECTOR","MANAGING DIRECTOR","ASSOCIATE EXECUTIVE DIRECTOR","MANAGER EDITORIAL SERVICES"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,5.0,5.0,1.0,3.0],"Total Compensation":[0,0,0,0,0,0,0,434765,34482,33243,36890],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,434765,34482,33243,36890]},"Basic":{"value":null,"mission":"The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the \"association\") for the benefit of the association's existing and future programs.","year":2020,"name":"HORATIO ALGER ENDOWMENT FUND","phone":7036849444,"website":"WWW.HORATIOALGER.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TERRENCE J GIROUX","year_formation":2010,"state_legal_domicile":"VA","total_volunteers":7,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"99 CANAL CENTER PLAZA NO 320, ALEXANDRIA, VA, 22314, USA","city":"ALEXANDRIA","state":"VA","country":"USA","zip_code":22314},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":6,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":6,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":16840883,"Contributions":{"value":7602985,"Other contributions":7602985,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":9237898,"Investment income total":7565266,"Net investment gain":1672632,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":8944491,"Grant expense":{"value":7752383,"Grants to domestic orgs":7752383,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":393780,"Current officers":261262,"Disqualified persons":0,"Other salaries and wages":94720,"Pension plan contributions":8530,"Other employee benefits":15917,"Payroll taxes":13351},"Other expenses":{"value":798328,"Management services":0,"Legal":700,"Accounting":57168,"Lobbying services":0,"Investment management fees":0,"Other services":84838,"Advertising":234,"Office expenses":486109,"Information technology":15008,"Royalties":0,"Occupancy":40103,"Travel":3118,"Conferences and meetings":1389,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":109661,"BAD DEBT":109000,"AUDIO VISUAL AND MULTIM":511,"OTHER":150},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":7757758,"Management And General Expenses":888322,"Fundraising Expenses":298411}},"Assets":{"value":274481369,"Non-interest bearing cash":500000,"Savings and temp cash investments":44098390,"Pledges and grants receivable":3640102,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":224012917,"Investments other":7948,"Investments program related":0,"Intangible assets":0,"Other assets":2222012},"Liabilities":{"value":23250,"Sum of Total Liabilities":0,"Accounts payable, accrued":23250,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":274458119,"Net assets without donor restriction":265322082,"Net assets with donor restriction":9136037,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8673224669799545,"percentile":0.7197731465444321},"Fundraising Efficiency":{"score":25.4782330410072,"percentile":0.6559283484879469},"Operating Margin":{"score":0.4688823026678589,"percentile":0.9091841956647255},"Liabilities to Assets Ratio":{"score":8.470520270539747e-05,"percentile":0.586154796610475},"Operating Reserve Ratio":{"score":30.687198298930593,"percentile":0.9680105669489006},"Officer Compensation Ratio":{"score":0.060303040161815806,"percentile":0.7079031641276122},"Program Expense Growth":{"score":0.0653397312110106,"percentile":0.5848182649372194},"Revenue Growth":{"score":-0.07362913001735381,"percentile":0.17801078488436387},"Asset Growth":{"score":0.09244496437954587,"percentile":0.6636848380927923},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7204578553720101,"percentile":0.8803615643041743}},"source_xml":"202133199349316093_public.xml"},{"Organization":{"value":null,"Person":["WALTER SCOTT JR","JOSEPH NEUBAUER","DENNIS R WASHINGTON","PAUL ANTHONY NOVELLY","ANTHONY WELTERS","DAVID L SOKOL","JAMES M SENEFF JR","TERRENCE J GIROUX"],"Title":["CHAIRMAN AND PRESIDENT","SECRETARY","DIRECTOR","DIRECTOR","ASSISTANT SECRETARY","VICE PRESIDENT","DIRECTOR","EXECUTIVE DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,5.0],"Total Compensation":[0,0,0,0,0,0,0,431328],"Direct compensation":[0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,431328]},"Basic":{"value":null,"mission":"The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the \"association\") for the benefit of the association's existing and future programs.","year":2018,"name":"HORATIO ALGER ENDOWMENT FUND","phone":7036849444,"website":"WWW.HORATIOALGER.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TERRENCE J GIROUX","year_formation":2010,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2018-01-01T00:00:00","tax_period_end":"2018-12-31T00:00:00","address":"99 CANAL CENTER PLAZA NO 320, ALEXANDRIA, VA, 22314, USA","city":"ALEXANDRIA","state":"VA","country":"USA","zip_code":22314},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":5,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":5,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":20899848,"Contributions":{"value":11984438,"Other contributions":11984438,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":8915410,"Investment income total":4902109,"Net investment gain":4013301,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":8665226,"Grant expense":{"value":5401655,"Grants to domestic orgs":5401655,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":394866,"Current officers":202510,"Disqualified persons":0,"Other salaries and wages":155536,"Pension plan contributions":8837,"Other employee benefits":13055,"Payroll taxes":14928},"Other expenses":{"value":2868705,"Management services":0,"Legal":0,"Accounting":56321,"Lobbying services":0,"Investment management fees":953333,"Other services":263685,"Advertising":519089,"Office expenses":17861,"Information technology":16493,"Royalties":0,"Occupancy":51286,"Travel":4445,"Conferences and meetings":428142,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":558050,"AUDIO VISUAL AND MULTIM":553957,"PUBLIC OUTREACH":4093},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":7092841,"Management And General Expenses":1211276,"Fundraising Expenses":361109}},"Assets":{"value":221540912,"Non-interest bearing cash":497143,"Savings and temp cash investments":15410553,"Pledges and grants receivable":10662624,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":191956985,"Investments other":91394,"Investments program related":0,"Intangible assets":0,"Other assets":2922213},"Liabilities":{"value":123101,"Sum of Total Liabilities":0,"Accounts payable, accrued":123101,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":221417811,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":206103524,"Temporarily restricted net assets":10367732,"Permanently restricted net assets":4946555},"Ratings":{"Program Expense Ratio":{"score":0.8185407974356352,"percentile":0.6492381155695907},"Fundraising Efficiency":{"score":33.18786848292344,"percentile":0.7112654894359335},"Operating Margin":{"score":0.5853928698428812,"percentile":0.9390186315428419},"Liabilities to Assets Ratio":{"score":0.0005556580899152388,"percentile":0.576132190491173},"Operating Reserve Ratio":{"score":25.566662889115644,"percentile":0.9599610691356293},"Officer Compensation Ratio":{"score":0.04977688983530262,"percentile":0.7578849227880972},"Program Expense Growth":{"score":0.10927421391284539,"percentile":0.6935289686983988},"Revenue Growth":{"score":-0.049794460985403924,"percentile":0.22029278376953573},"Asset Growth":{"score":0.10071086211174286,"percentile":0.6848703343335687},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7297413649401818,"percentile":0.892944600443606}},"source_xml":"201943189349303769_public.xml"},{"Organization":{"value":null,"Person":["LEON COOPERMAN","JAMES SENEFF","JOHN WEILAND","DON DASEKE","STANLEY KROENKE","CALVIN SISSON","DENNIS WASHINGTON","MICHAEL ROLLINS","TERRENCE J GIROUX","LESLEY ALBANESE BEG 042024","CONSTANTINE G KATSARASKIS","JOHN B THORNBURG","DEBRA J STANCIL"],"Title":["CHAIRMAN","PRESIDENT","TREASURER","SECRETARY","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","EXECUTIVE DIRECTOR","CHIEF EXECUTIVE OFFICER","CHIEF OPERATING OFFICER","CHIEF FINANCIAL OFFICER","MANAGER OF NOMINATIONS"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,9.0,9.0,6.0,11.0,1.0],"Total Compensation":[0,0,0,0,0,0,0,0,1429382,13809,264943,49658,35392],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,1429382,13809,264943,49658,35392]},"Basic":{"value":null,"mission":"The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the \"association\") for the benefit of the association's existing and future programs.","year":2024,"name":"HORATIO ALGER ENDOWMENT FUND","phone":7036849444,"website":"WWW.HORATIOALGER.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"LESLEY ALBANESE","year_formation":2010,"state_legal_domicile":"VA","total_volunteers":9,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"99 CANAL CENTER PLAZA 320, ALEXANDRIA, VA, 22314, USA","city":"ALEXANDRIA","state":"VA","country":"USA","zip_code":22314},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":13748030,"Contributions":{"value":4886375,"Other contributions":4886375,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":8861655,"Investment income total":9360932,"Net investment gain":-499277,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":16122465,"Grant expense":{"value":11779287,"Grants to domestic orgs":11779287,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":722003,"Current officers":490004,"Disqualified persons":0,"Other salaries and wages":168773,"Pension plan contributions":13445,"Other employee benefits":21575,"Payroll taxes":28206},"Other expenses":{"value":3621175,"Management services":0,"Legal":347,"Accounting":81701,"Lobbying services":0,"Investment management fees":688104,"Other services":233939,"Advertising":664346,"Office expenses":28157,"Information technology":56426,"Royalties":0,"Occupancy":44081,"Travel":20235,"Conferences and meetings":343604,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":285296,"Insurance":1329,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1173610,"PRODUCTION AND AUDIO VI":843669,"BAD DEBT":290194,"OTHER":39747},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":14115129,"Management And General Expenses":1995181,"Fundraising Expenses":12155}},"Assets":{"value":345148740,"Non-interest bearing cash":2304038,"Savings and temp cash investments":33672558,"Pledges and grants receivable":5333561,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":16840,"Land, building, equipment":0,"Investments publicly traded":137709117,"Investments other":161665489,"Investments program related":0,"Intangible assets":677085,"Other assets":3770052},"Liabilities":{"value":132969,"Sum of Total Liabilities":0,"Accounts payable, accrued":132969,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":345015771,"Net assets without donor restriction":333950568,"Net assets with donor restriction":11065203,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8754944730846058,"percentile":0.732284122674873},"Fundraising Efficiency":{"score":402.0053475935829,"percentile":0.9526717146842781},"Operating Margin":{"score":-0.17271092658366327,"percentile":0.16635121229654518},"Liabilities to Assets Ratio":{"score":0.0003852512977448505,"percentile":0.5792639860512296},"Operating Reserve Ratio":{"score":21.40793855033954,"percentile":0.9501810636832065},"Officer Compensation Ratio":{"score":0.1112226945445377,"percentile":0.5160872986065765},"Program Expense Growth":{"score":0.06607641678544682,"percentile":0.5871695911143178},"Revenue Growth":{"score":-0.05204389152497338,"percentile":0.21574444174743013},"Asset Growth":{"score":0.07749023358223778,"percentile":0.621179272221501},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6321367264249182,"percentile":0.6959080934400425}},"source_xml":"202503119349301415_public.xml"},{"Organization":{"value":null,"Person":["WALTER SCOTT JR","GEORGE L ARGYROS","JOSEPH NEUBAUER","DENNIS R WASHINGTON","PAUL ANTHONY NOVELLY","ANTHONY WELTERS","DAVID L SOKOL","TERRENCE J GIROUX"],"Title":["CHAIRMAN AND PRESIDENT","DIRECTOR","SECRETARY","DIRECTOR","DIRECTOR","ASSISTANT SECRETARY","VICE PRESIDENT","EXECUTIVE DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,5.0],"Total Compensation":[0,0,0,0,0,0,0,78686],"Direct compensation":[0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,78686]},"Basic":{"value":null,"mission":"The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the \"association\") for the benefit of the association's existing and future programs.","year":2016,"name":"HORATIO ALGER ENDOWMENT FUND","phone":7036849444,"website":"WWW.HORATIOALGER.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TERRENCE J GIROUX","year_formation":2010,"state_legal_domicile":"VA","total_volunteers":7,"tax_period_begin":"2016-01-01T00:00:00","tax_period_end":"2016-12-31T00:00:00","address":"99 CANAL CENTER PLAZA NO 320, ALEXANDRIA, VA, 22314, USA","city":"ALEXANDRIA","state":"VA","country":"USA","zip_code":22314},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":14006271,"Contributions":{"value":7867292,"Other contributions":7867292,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":6138979,"Investment income total":3405900,"Net investment gain":2733079,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":7820524,"Grant expense":{"value":4985641,"Grants to domestic orgs":4985641,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":405428,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":344181,"Pension plan contributions":16645,"Other employee benefits":31503,"Payroll taxes":13099},"Other expenses":{"value":2429455,"Management services":0,"Legal":7822,"Accounting":54932,"Lobbying services":0,"Investment management fees":408746,"Other services":245047,"Advertising":793808,"Office expenses":17833,"Information technology":0,"Royalties":0,"Occupancy":48669,"Travel":11552,"Conferences and meetings":307916,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":533130,"AUDIO VISUAL & MULTIMED":448130,"AWARDS":85000},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":6655633,"Management And General Expenses":693883,"Fundraising Expenses":471008}},"Assets":{"value":186483508,"Non-interest bearing cash":5735806,"Savings and temp cash investments":20060446,"Pledges and grants receivable":16310907,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":251700,"Land, building, equipment":0,"Investments publicly traded":137121997,"Investments other":224925,"Investments program related":0,"Intangible assets":0,"Other assets":6777727},"Liabilities":{"value":43368,"Sum of Total Liabilities":0,"Accounts payable, accrued":43368,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":186440140,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":166106494,"Temporarily restricted net assets":15551436,"Permanently restricted net assets":4782210},"Ratings":{"Program Expense Ratio":{"score":0.8510469375197877,"percentile":0.6951511685047489},"Fundraising Efficiency":{"score":16.703096338066445,"percentile":0.550052467509027},"Operating Margin":{"score":0.4416412476954073,"percentile":0.9003446119055272},"Liabilities to Assets Ratio":{"score":0.00023255675778042527,"percentile":0.5824629690626367},"Operating Reserve Ratio":{"score":23.845398083299788,"percentile":0.9563355515545973},"Officer Compensation Ratio":{"score":0.010061474141630408,"percentile":0.9602372985821571},"Program Expense Growth":{"score":0.12795039240137573,"percentile":0.7251523349165939},"Revenue Growth":{"score":-0.3232693752674433,"percentile":0.04242058249350267},"Asset Growth":{"score":0.09365834374130355,"percentile":0.6668820775439908},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7175832525551662,"percentile":0.8762096823383329}},"source_xml":"201722969349301217_public.xml"},{"Organization":{"value":null,"Person":["WALTER SCOTT JR","JOSEPH NEUBAUER","PAUL ANTHONY NOVELLY","DAVID L SOKOL","DENNIS R WASHINGTON","ANTHONY WELTERS","JAMES M SENEFF JR","TERRENCE J GIROUX","JOHN B THORNBURG"],"Title":["CHAIRMAN AND PRESIDENT","SECRETARY","DIRECTOR","VICE PRESIDENT","DIRECTOR","DIRECTOR","DIRECTOR","EXECUTIVE DIRECTOR","MANAGING DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,5.0,5.0],"Total Compensation":[0,0,0,0,0,0,0,401519,32228],"Direct compensation":[0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,401519,32228]},"Basic":{"value":null,"mission":"The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the \"association\") for the benefit of the association's existing and future programs.","year":2019,"name":"HORATIO ALGER ENDOWMENT FUND","phone":7036849444,"website":"WWW.HORATIOALGER.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TERRENCE J GIROUX","year_formation":2010,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2019-01-01T00:00:00","tax_period_end":"2019-12-31T00:00:00","address":"99 CANAL CENTER PLAZA NO 320, ALEXANDRIA, VA, 22314, USA","city":"ALEXANDRIA","state":"VA","country":"USA","zip_code":22314},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":6,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":6,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":27173917,"Contributions":{"value":7880879,"Other contributions":7880879,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":19293038,"Investment income total":6413218,"Net investment gain":12879820,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":11348007,"Grant expense":{"value":8459293,"Grants to domestic orgs":8459293,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":322149,"Current officers":259284,"Disqualified persons":0,"Other salaries and wages":39155,"Pension plan contributions":8785,"Other employee benefits":4169,"Payroll taxes":10756},"Other expenses":{"value":2566565,"Management services":0,"Legal":2109,"Accounting":66754,"Lobbying services":0,"Investment management fees":759048,"Other services":36545,"Advertising":626097,"Office expenses":23097,"Information technology":14519,"Royalties":0,"Occupancy":38961,"Travel":11472,"Conferences and meetings":640581,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":347382,"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":10107193,"Management And General Expenses":1011256,"Fundraising Expenses":229558}},"Assets":{"value":251574080,"Non-interest bearing cash":518744,"Savings and temp cash investments":34818576,"Pledges and grants receivable":2245627,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":212071368,"Investments other":38394,"Investments program related":0,"Intangible assets":0,"Other assets":1881371},"Liabilities":{"value":297306,"Sum of Total Liabilities":0,"Accounts payable, accrued":35040,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":262266},"Fund balance":{"value":251276774,"Net assets without donor restriction":244011997,"Net assets with donor restriction":7264777,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8906579807361769,"percentile":0.7558256064060322},"Fundraising Efficiency":{"score":34.33066588835937,"percentile":0.7177632040030837},"Operating Margin":{"score":0.5823934032035205,"percentile":0.9383911195331914},"Liabilities to Assets Ratio":{"score":0.0011817831153352523,"percentile":0.5665434350485798},"Operating Reserve Ratio":{"score":22.169009941569474,"percentile":0.952248861670337},"Officer Compensation Ratio":{"score":0.038222306348594956,"percentile":0.8165390098493466},"Program Expense Growth":{"score":0.10714074697600624,"percentile":0.6895199747043919},"Revenue Growth":{"score":-0.03916491736193002,"percentile":0.2438690751657894},"Asset Growth":{"score":0.09540657332233313,"percentile":0.6714059863290258},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7598235250243003,"percentile":0.9271249822263614}},"source_xml":"202003219349305360_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["LEON COOPERMAN","JAMES SENEFF","JOHN WEILAND","DON DASEKE","STANLEY KROENKE","CALVIN SISSON","DENNIS WASHINGTON","MICHAEL ROLLINS","TERRENCE J GIROUX","LESLEY ALBANESE BEG 042024","CONSTANTINE G KATSARASKIS","JOHN B THORNBURG","DEBRA J STANCIL"],"Title":["CHAIRMAN","PRESIDENT","TREASURER","SECRETARY","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","EXECUTIVE DIRECTOR","CHIEF EXECUTIVE OFFICER","CHIEF OPERATING OFFICER","CHIEF FINANCIAL OFFICER","MANAGER OF NOMINATIONS"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,9.0,9.0,6.0,11.0,1.0],"Total Compensation":[0,0,0,0,0,0,0,0,1429382,13809,264943,49658,35392],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,1429382,13809,264943,49658,35392]},"Basic":{"value":null,"mission":"The purpose of the fund is to promote educational and charitable purposes, and in particular to receive, hold, invest and distribute funds to the horatio alger association of distinguished americans, inc. (the \"association\") for the benefit of the association's existing and future programs.","year":2024,"name":"HORATIO ALGER ENDOWMENT FUND","phone":7036849444,"website":"WWW.HORATIOALGER.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"LESLEY ALBANESE","year_formation":2010,"state_legal_domicile":"VA","total_volunteers":9,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"99 CANAL CENTER PLAZA 320, ALEXANDRIA, VA, 22314, USA","city":"ALEXANDRIA","state":"VA","country":"USA","zip_code":22314},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":13748030,"Contributions":{"value":4886375,"Other contributions":4886375,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":8861655,"Investment income total":9360932,"Net investment gain":-499277,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":16122465,"Grant expense":{"value":11779287,"Grants to domestic orgs":11779287,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":722003,"Current officers":490004,"Disqualified persons":0,"Other salaries and wages":168773,"Pension plan contributions":13445,"Other employee benefits":21575,"Payroll taxes":28206},"Other expenses":{"value":3621175,"Management services":0,"Legal":347,"Accounting":81701,"Lobbying services":0,"Investment management fees":688104,"Other services":233939,"Advertising":664346,"Office expenses":28157,"Information technology":56426,"Royalties":0,"Occupancy":44081,"Travel":20235,"Conferences and meetings":343604,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":285296,"Insurance":1329,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1173610,"PRODUCTION AND AUDIO VI":843669,"BAD DEBT":290194,"OTHER":39747},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":14115129,"Management And General Expenses":1995181,"Fundraising Expenses":12155}},"Assets":{"value":345148740,"Non-interest bearing cash":2304038,"Savings and temp cash investments":33672558,"Pledges and grants receivable":5333561,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":16840,"Land, building, equipment":0,"Investments publicly traded":137709117,"Investments other":161665489,"Investments program related":0,"Intangible assets":677085,"Other assets":3770052},"Liabilities":{"value":132969,"Sum of Total Liabilities":0,"Accounts payable, accrued":132969,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":345015771,"Net assets without donor restriction":333950568,"Net assets with donor restriction":11065203,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8754944730846058,"percentile":0.732284122674873},"Fundraising Efficiency":{"score":402.0053475935829,"percentile":0.9526717146842781},"Operating Margin":{"score":-0.17271092658366327,"percentile":0.16635121229654518},"Liabilities to Assets Ratio":{"score":0.0003852512977448505,"percentile":0.5792639860512296},"Operating Reserve Ratio":{"score":21.40793855033954,"percentile":0.9501810636832065},"Officer Compensation Ratio":{"score":0.1112226945445377,"percentile":0.5160872986065765},"Program Expense Growth":{"score":0.06607641678544682,"percentile":0.5871695911143178},"Revenue Growth":{"score":-0.05204389152497338,"percentile":0.21574444174743013},"Asset Growth":{"score":0.07749023358223778,"percentile":0.621179272221501},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6321367264249182,"percentile":0.6959080934400425}},"source_xml":"202503119349301415_public.xml"},"sector":"Education","donation_categories":[],"zakat_policy":null},"error":null}