Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2017
Open to Public Inspection
Name of the organization
SCHOLARSHIP AMERICA INC
 
Employer identification number

23-7039405
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e)Original principal amount (f)Balance due (g) In default? (h) Approved by board or committee? (i)Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
(1) CHRISTINA CASTRO DAUGHTER OF BOARD MEMBER 1,000 SCHOLARSHIP EDUCATION
(2) MEGAN SALINAS DAUGHTER OF BOARD MEMBER 1,000 SCHOLARSHIP EDUCATION
(3) NICHOLE TRUDON DAUGHTER OF BOARD MEMBER 500 SCHOLARSHIP EDUCATION
(4) RACHEL TRUDON DAUGHTER OF BOARD MEMBER 600 SCHOLARSHIP EDUCATION
(5) ETHAN TORKELSON SON OF BOARD MEMBER 500 SCHOLARSHIP EDUCATION
(6) ASHLEY KLIMPEL DAUGHTER OF BOARD MEMBER 500 SCHOLARSHIP EDUCATION
(7) JESSICA NORRIS DAUGHTER OF BOARD MEMBER 500 SCHOLARSHIP EDUCATION
(8) OLIVIA FREESE DAUGHTER OF BOARD MEMBER 1,300 SCHOLARSHIP EDUCATION
(9) ELYSSA FREESE DAUGHTER OF BOARD MEMBER 2,065 SCHOLARSHIP EDUCATION
(10) SHAYLA FERREN DAUGHTER OF PRESIDENT 2,000 SCHOLARSHIP EDUCATION
(11) KEENAN DOYLE CHILD OF PRIOR PRESIDENT 750 SCHOLARSHIP EDUCATION
(12) ANDREW KUROS CHILD OF TREASURER 4,500 SCHOLARSHIP EDUCATION
(13) JAYDEN JUERGENSEN SON OF CHAPTER ACCOUNTANT 750 SCHOLARSHIP EDUCATION
(14) BENJAMIN MCKIMM SON OF BOARD MEMBER 2,500 SCHOLARSHIP EDUCATION
(15) JENNA NAGY DAUGHTER OF BOARD MEMBER 1,000 SCHOLARSHIP EDUCATION
(16) KNUTE OLDRE SON OF A DIRECTOR 9,500 SCHOLARSHIP EDUCATION
(17) MADISON CRABTREE NIECE OF A DIRECTOR 8,000 SCHOLARSHIP EDUCATION
(18) GRIFFIN AHRENDT NEPHEW OF A DIRECTOR 7,250 SCHOLARSHIP EDUCATION
(19) SHELBIE NATH DAUGHTER OF A DIRECTOR 5,750 SCHOLARSHIP EDUCATION
(20) MARGARET LEHTINEN DAUGHTER OF BOARD MEMBER 1,000 SCHOLARSHIP EDUCATION
(21) ALEXANDER ENDRESON SON OF BOARD MEMBER 1,400 SCHOLARSHIP EDUCATION
(22) CADEN FERNHOLZ SON OF BOARD MEMBER 1,350 SCHOLARSHIP EDUCATION
(23) COLE REDEPENNING SON OF BOARD MEMBER 900 SCHOLARSHIP EDUCATION
(24) BRETT LUNDE SON OF BOARD MEMBER 500 SCHOLARSHIP EDUCATION
(25) KELSEY LAMBRECHT DAUGHTER OF DIRECTOR 2,500 SCHOLARSHIP EDUCATION
(26) TAYLOR ANDERSON DAUGHTER OF DIRECTOR 700 SCHOLARSHIP EDUCATION
(27) TYLER LARSON SON OF DIRECTOR 2,000 SCHOLARSHIP EDUCATION
(28) CHEYENNE LIEDLE DAUGHTER OF DIRECTOR 2,000 SCHOLARSHIP EDUCATION
(29) TAYLA DEAN SISTER OF DIRECTOR 1,200 SCHOLARSHIP EDUCATION
(30) HALEY DEAN SISTER OF DIRECTOR 1,400 SCHOLARSHIP EDUCATION
(31) KAILEE RAMIREZ DAUGHTER OF BOARD MEMBER 1,500 SCHOLARSHIP EDUCATION
(32) AMBER SILVA DAUGHTER OF BOARD MEMBER 500 SCHOLARSHIP EDUCATION
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2017
Page 2
Schedule L (Form 990 or 990-EZ) 2017
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) ROBERT SALZER
  		FINANCIAL ADVISOR 10,618 ADVISOR FEES   No
(2) JOHNNA AHRENDT
  		SECRETARY / TREASURER 12,000 ACCOUNTING AND SCHOLARSHIP ADMINISTRATION   No
(3) MEAGHAN KAUFFMAN
  		BOARD MEMBER SERVING AS OFFICER OF ENTITY DOING BUSINESS W/CHAPTER 12,860 MEAGHAN OWNS SOLE PROPRIETORSHIP WHICH PROVIDES ACADEMIC COACHING FOR CHAPTER'S SCHOLAR'S PROGRAM.   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
SCHEDULE L, PART III: FAMILY MEMBERS AND OTHER RELATIONS OF AFFILIATE ORGANIZATION BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE NOT PROHIBITED FROM APPLYING FOR AND RECEIVING SCHOLARSHIPS, ALTHOUGH THEY HAVE TO COMPLETE THEIR APPLICATIONS AND ARE EVALUATED IN THE SAME MANNER AS ALL UNRELATED SCHOLARSHIP CANDIDATES.
Schedule L (Form 990 or 990-EZ) 2017


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