Henry J Reilly Memorial Library and Scholarship Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PURPOSE OF THE FUND, ALSO INFORMALLY KNOWN AS THE ROA SCHOLARSHIP FUND, SHALL BE (1) TO CREATE AND MAINTAIN A RESOURCE OF LITERATURE, IMAGERY AND OTHER INFORMATIONAL MEDIA, ARTIFACTS, EDUCATIONAL EXPERIENCES, AND AUTHORITIES ON MILITARY SUBJECTS FOR THE USE OF SERVICE MEMBERS OF ALL MILITARY COMPONENTS AND SERVICES, VETERANS, STUDENTS, AND OTHER MEMBERS OF THE GENERAL PUBLIC INTERESTED IN MILITARY AND NATIONAL SECURITY SUBJECTS; (2) TO CREATE AND MAINTAIN FUNDS TO SUPPORT THROUGH SCHOLARSHIPS, FELLOWSHIPS, INTERNSHIPS, AND OTHER SUCH PROGRAMS, WORTHY ROA MEMBERS AND THEIR DIRECT FAMILY MEMBERS PURSUING EDUCATION OR TRAINING IN MILITARY OR NATIONAL SECURITY SUBJECTS OR IN OTHER AREAS OF LEARNING DESIGNATED FROM TIME TO TIME BY THE EXECUTIVE COMMITTEE OF THE ASSOCIATION; AND (3) ANY OTHER EDUCATIONAL PURPOSE(S).
- Income
- $53,155
- Spending
- $5,640
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 86%
- Employees
- 0
- Volunteers
- 20
- Highest pay
- $188,569, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 59 out of 100.
Independent board
25 of 2513 of 14 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- PROVIDE SUPPORT TO STUDENTS ENROLLED IN COURSES OF TRAINING LEADING TO THEIR SERVICE IN THE MILITARY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1964.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.