CSF Annual Report 2010 - Carson Scholars Fund

Contents
2 Founders, Directors, Officers and Staff
3 History of the Carson Scholars Fund
3 About Dr. Ben Carson
4 The Ben Carson Reading Room Project
5 The Scholarship Program
6-7 Our Chapters
8-9 Gallery of Student Stars
10-11 The Year in Review
12-13 Statement of Financial Position
14-15 Financial Supporters
“
Teachers have commented that when they
have a Carson Scholar in their classroom,
over the course of the next year, the grade
point average of the entire class goes up.
Candy Carson
Co-Founder, Carson Scholars Fund“
[ 2 ]
Founders
Benjamin S. Carson, Sr., M.D.
President
Candy Carson
Executive Secretary
Officers
Lee Warner
Chairman of the Board
Graylin E. Smith
Treasurer
Wes Guckert
Vice President & Secretary
Armstrong Williams
Member at Large
Board of Directors
Kendrick Ashton, Jr.
Louis Bremer
David W. Bower
Benjamin (BJ) Carson, Jr.
Murray Carson
Mary Costa
Frances Donahue
Jan Donaldson
Sam Donaldson
Louis Friedman, Esq.
Phyllis Friedman, Esq.
A. Roy Heron, Jr., M.D.
Christian Johansson*
Audrey Jones
Jason Kimrey
Christopher Leggett, M.D.
Michael McCrary
Kevin McNulty
Fred Mirmiran
Curtis Robinson
Carol Jean Young
*Advisory Board Member
Discovering Promise Rewarding Excellence
Founders, Directors, Officers, and Staff
National Honorary
Board of Directors
Buzz Aldrin
Jerome Bettis
Lou Brock
James “JB” Brown
Mark Victor Hansen
The Honorable Alphonso
Jackson
Samuel L. Jackson
Quincy Jones
Jackie Joyner-Kersee
Naomi Judd
George Lucas
General Colin Powell
Cal Ripken, Jr.
David Smith
Staff
Amy Warner
Executive Director
Rebekah Lin
Scholarship Director
Tammy Blazenyak
Reading Room Coordinator
Sheila Butler
Expansion Coordinator
Jo Weisgal
School Liaison and Events
Coordinator
Louise Burkert
Scholarship Coordinator
Erin Durbin
Scholar Services Coordinator
Danielle Adekunle
Social Media Coordinator
Andrew Greene
Scholar Outreach Coordinator

History of the Carson Scholars Fund About Dr. Ben Carson
The vision for the Carson Scholars Fund came from Dr.
Benjamin S. Carson and his wife, Candy, who had long
noted that many school display cases were filled with large
trophies paying tribute to their teams’ sports achievements,
while honor students traditionally received a simple pin or
certificate. Then, after reading a research study which said
that students in the United States ranked number 21 out of
22 countries in science and math, the Carsons felt compelled
to take action. In 1994, the Carson Scholars Fund, Inc., a
non-profit, 501(c)(3) charitable organization was launched.
Its mission was unique—offering college scholarship
awards to students beginning in the 4th grade based on high
academic achievement and humanitarianism, regardless of
financial need and other factors.
The scholarship program illuminated another need in
our schools: encouraging independent reading. In his
autobiography, Gifted Hands, Dr. Carson wrote about
how his life was changed once he embraced reading. For
this reason, The Ben Carson Reading Room Project was
launched in 2000 to counteract illiteracy, encourage leisure
reading in young children, and help all youth grow into
stronger students.
Since they began, both programs have grown in scope and
size. Now, after 15 years of discovering academic promise
in young people, the Carson Scholars Fund is thrilled to
announce that through the generosity of a W.K. Kellogg
Foundation grant we have an opportunity to conduct a
research study. This 10-year comprehensive longitudinal
evaluation will help measure the impact of the scholarship
and reading room programs on students, schools and the
community. The W.K. Kellogg Foundation grant will
support FERA, an independent research team, who will
gather comprehensive data, analyze our impact, and report
the findings. We look forward to sharing the impact of our
work with our generous donors and stakeholders.
Benjamin S. Carson, Sr., M.D., had
a childhood dream of becoming a
physician. Growing up in a single parent
home with dire poverty, poor grades,
a horrible temper, and low self-esteem
appeared to preclude the realization of
that dream until his mother, with only
a third-grade education, challenged her
sons to strive for excellence. Young Ben
persevered and today is a full professor
of neurosurgery, oncology, plastic surgery, and pediatrics at
the Johns Hopkins School of Medicine, and he has directed
pediatric neurosurgery at the Johns Hopkins Children’s
Center for over a quarter of a century. He became the
inaugural recipient of a professorship dedicated in his name
in May, 2008.
Dr. Carson holds more than 60 honorary doctorate degrees.
In 2001, Dr. Carson was named by CNN and TIME
Magazine as one of the nation’s 20 foremost physicians and
scientists. In June, 2008, he was awarded the Presidential
Medal of Freedom by the President, which is the highest
civilian honor in the land. On February 7, 2009, the movie
entitled “Gifted Hands: The Ben Carson Story” premiered on
TNT and is based on his memoir.
He is president and co-founder of the Carson Scholars Fund,
which recognizes young people of all backgrounds for
exceptional academic and humanitarian accomplishments.
The Fund is currently operating in 42 states and the District
of Columbia, having awarded more than $ 4.3 million
dollars in scholarship funds and honored over 4,300 scholars
with their families.
Dr. Carson speaks to about 5,000 students annually on the
campus of Johns Hopkins during his 75-minute THINK BIG
presentations in which he gives a medical slide show and
motivational talk discussing his career as a neurosurgeon,
other medical careers, and his philosophies. Students
attending this presentation come from schools all over
the state of Maryland, surrounding states, and even states
across the country. This word-of-mouth program has
had a profound effect upon those students who have been
privileged to attend.
Dr. Carson has authored four non-medical books, Gifted
Hands, THINK BIG, The Big Picture and Take The Risk:
Learning to Identify, Choose, and Live With Acceptable
Risk. Dr. Carson has been married for over 30 years to his
wife, Candy, and is the father of three sons. And yes, his
mother, Sonya Carson, who made all this possible, is alive
and well.
Carson Scholars Fund Annual Report 2010 [ 3 ]

Number of
Reading
Rooms
The Ben Carson Reading Project
The Ben Carson Reading Project
The Ben Carson Reading Project was created to encourage independent leisure reading.
Ben Carson Reading Rooms provide a school with an opportunity to create a reading oasis. Each room
is filled with child-friendly furniture and decorated with eye-catching artwork reinforcing Dr. Carson’s
THINK BIG philosophy. Students can explore over 500 books from a variety of authors, topics, and
genres in the most exciting room in their school.
Spotlight on Indianapolis
On 6/3/2010, six Reading Rooms opened
simultaneously in Indianapolis, Indiana sponsored
by Indiana University School of Medicine.
Ben Carson Reading Rooms are now located in the
following Indianapolis schools:
// Christel House Academy
// Francis W. Parker Montessori
// Louis B. Russell Jr. Elementary School
// Pleasant Run Elementary School
// Southeast Neighborhood School of Excellence
// Wendell Phillips Elementary School
Please go to http://carsonscholars.org/reading-rooms/our-sites to
view video footage.
The Impact
// 15 Million minutes read in Ben Carson Reading Rooms
annually. // Ben Carson Reading Rooms are located in
schools in 7 states. // 50 Schools have a Ben Carson
Reading Room. // 85% of Ben Carson Reading Rooms serve
students in Title 1 Schools. // Over $740,000 invested in
the Ben Carson Reading Room Project to date. // The Ben
Carson Reading Room Project has placed over 30,000 books
into students’ hands.
[ 4 ]
60
50
40
30
20
10
Year
Cumulative Reading Room Openings By Year
00 01 02 03 04 05 06 07 08 09 10
Discovering Promise Rewarding Excellence
Reading Room Openings
Franklin Square Elementary/Middle School
Baltimore City // Opened 10/23/2009
Margaret Brent Elementary/Middle School
Baltimore City // Opened 11/4/2009
John Eager Howard Elementary School
Baltimore City // Opened 11/10/2009
Sponsored by:
Urbandale Elementary School
Battle Creek, Michigan // Opened 12/18/2009
Sponsored by:
Norwood Elementary School
Dundalk, Maryland // Opened 5/13/2010
Sponsored by:

The Scholarship Program
The Carson Scholars Fund Awards Program is
based solely on merit.
It recognizes and rewards students in grades 4-11 attending
qualified public and private schools who have gained
high academic success (3.75 GPA or higher) and have
demonstrated a concern for humanity.
Winners receive a $1,000 scholarship that is held in trust
until they attend a 4-year institution of higher learning.
Scholars are honored at an annual awards banquet with their
families. They receive a framed certificate, an Olympicsized
medal and their school receives a trophy to display.
The Carson Scholar “Alumni Association” is an active and
growing network of aspiring young leaders.
The Impact
// More than 4,300 scholarships in 42 states. // More than
800 scholars recognized multiple times. // More than 1.4
million paid out to colleges. // 300 Colleges have a Carson
Scholar attending. // 100% of Carson Scholars volunteer.
Scholarships by Year
900
800
700
600
500
400
300
200
100
26
131
204
176
200
251
Scholarship Values
$5,000,000
$4,000,000
$3,500,000
$3,000,000
306
$2,500,000
$2,000,000
$1,500,000
$1,000,000
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Number of Scholars Number of Scholars with Recognition Only
404
$4.3 M
Scholarships
Granted
Carson Scholars Fund Annual Report 2010 [ 5 ]
521
$1.4 M
Scholarships
Paid Out
600
557 531
417
434

The Ben Carson Reading Project
Our Chapters
California
2010 Scholarships Awarded in California: 10
Total California Scholars: 29
Connecticut (New Haven)
2010 Scholarships Awarded in Connecticut: 5
Total Connecticut Scholars: 31
Delaware
2010 Scholarships Awarded in Delaware: 9
Total Delaware Scholars: 182
Florida (Lee County)
2010 Scholarships Awarded in Florida: 50
Total Florida Scholars: 100
Georgia (Atlanta)
2010 Scholarships Awarded in Georgia: 28
Total Georgia Scholars: 255
Indiana (Indianapolis)
2010 Scholarships Awarded in Indiana: 56
Total Indiana Scholars: 180
Maryland (Headquarters)
2010 Scholarships Awarded in Maryland: 103
Total Maryland Scholars: 2,645
Michigan (Battle Creek)
2010 Scholarships Awarded in Michigan: 19
Total Michigan Scholars: 196
Missouri (St. Louis)
Total Missouri/Illinois Scholars: 9
[ 6 ]
Atlanta, Georgia Chattanooga, Tennessee
Spotlight:
Discovering Promise Rewarding Excellence
Georgia (Atlanta) and
Tennessee (Chattanooga)
More than 500 people convened in the Leadership Center
of Morehouse College on Friday, May 6th for the 8th
Carson Scholars Awards Ceremony in Atlanta. Of the 40
scholars present this year, 12 were from nearby Chattanooga,
Tennessee. Atlanta is crossing new boundaries!
Emceeing the program was Tom Jones from WSB-TV
Channel 2. AT&T SVP of GEM Markets, Xavier D.
Williams spoke on being a part of encouraging the future
leaders of America to do their best.
Carson Scholar alumni and Morehouse student, Jordan
Nesmith shared his experiences as a scholar and college
student with the audience. Keynote speaker, Dr. Carson,
spoke on the importance of developing oneself to the
utmost, to be valuable to those around you. Candy Carson
introduced special guest, Khao Cates, a young record
producer with 16 platinum records! As each scholar’s name
was read they proudly walked across the stage wearing
their medal to receive their certificate from a school official
and congratulations from Dr. & Mrs. Carson and Khao.
Many thanks to the Atlanta and Chattanooga scholarship
committees, AT&T, the Community Foundation of Greater
Chattanooga, and the Mountain Education Foundation.

Our Chapters
Pennsylvania (Greater Philadelphia
and Pittsburgh)
2010 Scholarships in Pennsylvania: 110
Total Pennsylvania Scholars: 548
Tennessee (Chattanooga)
2010 Scholarships Awarded in Tennessee: 12
Total Tennessee Scholars: 12
Washington, DC
2010 Scholarships Awarded in DC: 4
Total Washington, DC Scholars: 79
Number of Carson Scholars
Schools by Region
Northeast 120
Midwest 80
Mid West
Illinois 2
Indiana 56
Iowa 1
Michigan 19
Ohio 2
Total: 80//18%
North East
Connecticut 5
Maine 1
New Hampshire 1
New Jersey 2
New York 1
Pennsylvania 110
Total: 120//28%
South
Arkansas 1
Delaware 9
Washington DC 4
Florida 50
Georgia 28
Maryland 103
North Carolina 1
South Carolina 1
Tennessee 12
Texas 4
Virginia 2
Total: 215//50%
West 19
West
South 215
Arizona 3
California 10
Hawaii 1
Oregon 1
Utah 1
Washington 3
Total: 19//4%
Spotlight:
Indianapolis, Indiana
Indiana (Indianapolis)
The Scholars Banquet Hall at Indianapolis University was
quite the appropriate site for the 4th Annual Awards Dinner
for the Carson Scholars Fund Indianapolis Chapter, on
Tuesday, October 18, 2010.
Local sports director of WISH-TV, Anthony Calhoun,
emceed the event. Dr. Jacquelyn Clency, Assistant
Superintendent of Indianapolis Public Schools, made
remarks followed by the keynote speaker, Jim Caldwell,
Head Coach of the Colts.
Big screens then showcased highlights of the Celebrity
Showdown, the Colts’ fabulous annual fundraiser benefitting
the Carson Scholars Fund; the six newly established Ben
Carson Reading Rooms in Indianapolis; and an inspiring
message from Dr. Carson. The scholars were then
announced, processed across stage, and received their
medals and a hug from Candy Carson, and their certificate
from Coach Caldwell.
Thanks to the tremendous efforts of the entire Indianapolis
Colts organization: Dr. and Mrs. George Rausch, Dr. Fred
Hamilton, and the Indiana University School of Medicine.
Carson Scholars Fund Annual Report 2010 [ 7 ]

The Ben Carson Reading Project
Gallery of Student Stars
Meet just a few of our 2010 Carson Scholars. These students exemplify not only academic excellence, but
also strong humanitarian qualities. These ambassadors represent the “best and the brightest” of our young
people.
[ 8 ]
Aliyah Caldwell
Grade 10 | Baltimore, MD | Three-Time Carson Scholar!
Aliyah Caldwell is a three-time Carson Scholar. She currently attends The Baltimore School for the Arts
High, where she is an honor roll student. Aliyah has been dancing since she was four years old, and is now
majoring in ballet and modern dance. She is a member of the Ava Fields Dance Ministry, and performs at
senior citizen homes, nursing homes, and churches. She has attended intensive summer dance programs at
the Alvin Ailey Dance Studio and The Dance Theatre of Harlem. Outside of dance, Aliyah is a participant
in the Maryland Science Center’s Sci-Girls program, and has received scholarships from the NAACP and
Giant Foods.
Julius Romano
Grade 4 | Pittsburgh, PA
Julius Romano is involved in a wide variety of activities, encompassing everything from robotics to
drawing, swimming to playing the violin. His teachers describe him as a good role model, eager to
help other students, and very motivated. Perhaps most striking is his commitment to reading, which he
demonstrated last year when he advocated for his community library and helped to save it from being
closed. He attended rallies, community town hall meetings, and wrote letters to local officials and
politicians. He was even interviewed by the local television and radio news and the newspaper. For his
efforts, he received a Hero Award from his State Representative.
Madeline Adamczyk
Grade 8 | North Hills, PA
Madeline Adamczyk is described by her teachers as an effective leader and committed student – last we
heard, she hadn’t missed a single assignment in over a year and a half! Beyond her class assignments, she
is a regular participant in academic competitions. She has had two poems published in Pennsylvania’s
Celebration of Young Poets; placed first in the Pennsylvania Junior Academy of Science competition;
placed first in several local forensics competitions; and won a “Super Trivia” event at the Duquesne
University English Festival. Despite her busy schedule, Madeline still finds time to volunteer with the
Salvation Army, Christian Children’s Network, and Vincentian Regency Home for the elderly.
Edward Mosley, III
Grade 11 | Atlanta, GA | Two-Time Carson Scholar
Edward Mosley, III is a two-time Carson Scholar who is committed to volunteering and the environment.
Last summer, he attended a program called “Earth Tomorrow” at the Georgia Institute of Technology,
and improved his knowledge of the environment and his leadership skills. During the school year, he
participates in his school’s “Earth Tomorrow” club, helping to clean up and beautify abandoned spaces by
planting flowers and greenery. His teachers praise his work ethic, and are impressed by his involvement in
a variety of academic, volunteer, and athletic pursuits.
Discovering Promise Rewarding Excellence

The Ben Carson Reading Project
Gallery of Student Stars
“
To be recognized for my academic and
extracurricular achievements at such a young
age has boosted my confidence in everything I
do and has pushed me even further to succeed.
Jasmine Rice, 2002 Scholar
Attending Butler University, Indianna“
Saumeik Rolle
Grade 6 | Indianapolis, IN
Saumeik Rolle is a committed student and a leader in the classroom. In fact, he even lists “getting on the
honor roll” as one of his favorite activities! He plans on becoming a dentist in the future, and has a clear
list of steps planned out to help him reach his goal of becoming Dr. Rolle. He is very involved with his
church and volunteers at a food pantry. He also uses his extra time during the school day to work with first
grade students. In addition to helping them with reading, he serves as an excellent role model for these
younger students.
Emily Simonson
Grade 4 | Lee County, FL
Emily Simonson is described by her teachers as passionate, enthusiastic, diligent, and dependable. She is
very involved with her school’s violin program, and has played at a Mayoral Inauguration, a fundraiser,
a City Council Meeting, numerous holiday events, and at retirement homes. She is also a member of the
drum and choir groups at her school. Beyond music, Emily is an extremely committed volunteer. When
asked what rule she would make for her school, she answered that every student should have to volunteer!
Even at a young age Emily understands the benefits of volunteering, and views community service as a
way to learn kindness and compassion, help others, and build a sense of community.
Andrew Smith
12th Grade | Washington, DC | Two-Time Carson Scholar
Andrew Smith is a two-time Carson Scholar and National Honor Society member with a passion for both
academics and music. At school, he maintains high grades, volunteers as a teacher’s aid, and gives tours to
prospective students on visitation days. He is not only a participant in his school’s show choir and theater,
but also a leader in both organizations – he serves as Vice-President of the show choir and House Manager
for the Duke Ellington Theater. His leadership skills extend beyond music, and Andrew is Vice-President
of the senior class. Outside of school, he sings in and helps direct several church youth and adult choirs.
Bowen Jiang
Carson Scholar Alumni | Stanford School of Medicine
Bowen Jiang graduated from Northwest High School in Germantown, MD in 2004. Bowen attended
Stanford University as an undergraduate and majored in Biology. He took a year off after college for a
health policy fellowship with the former U.S. Assistant Surgeon General, Dr. Susan Blumenthal. Bowen
is currently attending Stanford School of Medicine, pursuing an MD degree. This summer, he has been
working at Johns Hopkins in the Neurosurgery Department with Dr. Alfredo Quinones-Hinojosa, a
colleague of Dr. Carson’s. Bowen is planning on a career in academic neurosurgery. Outside of his studies,
Bowen enjoys participating in public service activities. He has helped to rebuild houses in New Orleans
post Hurricane Katrina and even volunteered as a translator for team Fiji in the 2008 Beijing Olympics.
Carson Scholars Fund Annual Report 2010 [ 9 ]

The Ben Carson Reading Project
The Year in Review
Donor Appreciation Party
The DaVinci Exhibit at the Maryland Science Center
provided the ideal backdrop to celebrate our donors
and scholars. The event was capped off by an exciting
announcement that the W.K. Kellogg Foundation awarded a
grant to the Carson Scholars Fund in the amount of $260,000
for a 10-year program evaluation study.
[ 10 ]
Scholars pose with Dr. and Mrs. Carson in the
DaVinci Exhibit at the Donor Appreciation Party
2010 Carson Scholars and board members accept the
very generous check from the W.K. Kellogg Foundation
Guests enjoy the evening
Senior Send-off
Discovering Promise Rewarding Excellence
Captain Ben Carson and First Mate Candy hosted the
2009 Senior Send-off and Volunteer celebration aboard the
Duchess of Pintail Yacht this past July.
The spectacular evening featured inspirational speeches
from board members Wes Guckert and Lou Bremer. Carson
Scholar Alumni Tina Paglia ’99 impressed the group with
her remarks and new scholar Casey Butler dazzled on her
bassoon. Everyone enjoyed friendship and the glorious
sights of the Inner Harbor at sunset as our graduating
scholars cruised into their futures.
Sailing into the future at the Senior Send-off
“
When I first started to read the
books in the Ben Carson Reading
Room, I was astonished. Every
book I picked up, I couldn’t put
down. For once in my lifetime I
could say, “I want to read!”
Christel House Academy
Indianapolis, Indiana“

The Year in Review
14th Annual Awards Banquet
The fourteenth annual Carson Scholars Fund Awards
banquet, emceed by legendary newscaster Sam Donaldson,
was held Sunday, April 11th at Martin’s West in Baltimore.
Over 400 of the best and brightest students were honored.
All met the high standards of academic excellence and
positive humanitarian qualities of a Carson Scholar. Honored
guests included: Tony Dungy, former NFL coach of the
2006 World Champion Indianapolis Colts; James V. Kimsey,
founding CEO and Chairman Emeritus of American Online,
Inc.; and General Charles V. Krulak, 31st Commandant of
the United States Marine Corps. The honorees addressed
the scholars and shared life lessons. Dr. Carson delivered
an inspirational keynote address and then the scholars were
recognized.
2010 Carson Scholars process into
the ceremony with their medals
Tony Dungy accepts the Generous Heart Award
from past recipients Henry and Dorothy Rosenberg
General Krulak, Power of Excellence recipient, poses with
his wife Zandi, Maryland State Superintendent, Dr. Nancy
Grasmick and Dr. and Mrs. Ben Carson
Friendraiser
Dr. Garth McDonald and his engaging wife Jennifer hosted a
beautiful event at their charming home in Phoenix, MD on
May 10th. These dear friends of longtime Carson Scholar
supporters, Eddie and Sylvia Brown, had more than 50
attendees drinking in the enchanting setting as the sun
slowly sank.
Dr. Ben Carson’s informal talk stretched from the precarious
state of our nation, to opportunities to make a difference to
improve our plight. Candy Carson spoke on the effect of the
Ben Carson Reading Rooms, and how comprehension levels
and test scores have risen as a result of the other “arm” of
the organization. Two Carson Scholars, Danielle Saman
from Sparks Elementary School and Andrew Schaefer from
Hereford Middle School, delivered impressive remarks to
the invited guests.
During the question and answer period a local engineering
firm partner, Fred Mirmiran, challenged everyone with a
very generous match. The match was met, making this one
of our largest fundraising events of the year.
Friendraiser at the home of Dr. Garth and Jennifer McDonald
Carson Scholars Fund Annual Report 2010 [ 11 ]

The Ben Carson Reading Project
Statement of Financial Position June 30, 2010
[ 12 ]
$5,000,000
$4,000,000
$3,500,000
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
Assets
Assets
Cash – operating
Cash – reserved for scholarship commitments
Cash - chapters
Investments - reserved for scholarship commitments
Investments – operating
Accounts receivable, net
Prepaid Expenses
Fixed assets, net
Other assets
TOTAL ASSETS
Liabilities and Net Assets
Liabilities
Accounts payable
Accrued expenses
Unearned revenue
Scholarship commitments
TOTAL LIABILITIES
Net Assets
Unrestricted
Temporarily restricted
TOTAL NET ASSETS
TOTAL LIABILITIES AND NET ASSETS
Cumulative Awards
$74,000
$205,000
$409,000
$585,000
$785,000
$1,306,000
$1,342,000
$1,746,000
Discovering Promise Rewarding Excellence
$2,266,000
$2,823,000
$196,188
1,049,916
35,420
3,957,261
434,847
70,485
0
0
93,023
$5,837,140
$17,013
13,244
0
3,415,069
$3,445,326
$438,913
1,952,901
$2,391,814
$5,837,140
$3,423,000
$3,954,000
$4,388,000
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

The Ben Carson Reading Project
Statement of Activities and Functional Expenses June 30, 2010
Statement of Activities and Functional Expenses
Revenue
Public support
Other activities
Other income
TOTAL REVENUE
Functional Expenses
Program service
Management and general
Fundraising
Special events expense*
TOTAL EXPENSES
Change in Net Assets
Net Assets-Beginning of the year
NET ASSETS - END OF YEAR
Programs/Operational Expenses
*Special events are presented net of expenses.
Program Service - 92.8%
*Fundraising - 2.1%
Management and General - 5.1%
$998,012
530,200
427,389
$1,955,601
$1,206,808
94,585
38,235
96,742
1,436,370
519,231
1,872,583
$2,391,814
Carson Scholars Fund Annual Report 2010 [ 13 ]

The Ben Carson Reading Project
Financial Supporters July 1, 2009 - June 30, 2010
$20,000 and Over
Anonymous
AT&T
Bank of America
Dr. & Mrs. Benjamin Carson
Costco Wholesale
Delaware Community Foundation
Mr. & Mrs. Thomas Donahue
Dr. William Frey and Family
Foundation for Lee County Public Schools
Indiana University/School of Medicine
Indianapolis Colts, Inc.
Intel Americas, Inc.
Dr. & Mrs. Gerald Loyacona
Mirmiran Foundation
S&T Wealth Management Group
Mr. & Mrs. John Sheppard
W.K. Kellogg Foundation
Mr. & Mrs. Lee Warner
$10,000-$19,999
Allegis Group
Battle Creek Community Foundation
Battle Creek Public Schools
Mr. & Mrs. Roger Bennett
Blackstone International, Inc.
Mr. & Mrs. David Bower
Cisco Systems, Inc.
Community Foundation of Greater
Chattanooga
Dorothy L. & Henry A. Rosenberg Foundation
Louis & Phyllis Friedman
Mr. & Mrs. H. Grey Goode, Jr.
Haugh Family Charitable Foundation
Drs. John & Maureen Keshock
MEDA Foundation, Inc.
Mr. & Mrs. Arthur Modell
P&G Fund of the Greater Cincinnati
Foundation
Mr. & Mrs. Stephen Silver
Mr. & Mrs. Graylin Smith
Mr. & Mrs. Thomas Smyth
Stack & Store Mini Storage, LLC
Mr. & Mrs. Evan K. Thalenberg
Union Bank of California Foundation
Youth’s Benefit Elementary School
$5,000-$9,999
Mr. & Mrs. Morton Bender
Chuck Sanders Charities
Financial Advantage, Inc.
Gordon & Llura Gund Foundation
Herman & Walter Samuelson Foundation
Highmark
Amie & Tony James
Johns Hopkins Medicine
Kahlert Foundation, Inc.
Mr. & Mrs. Garth McDonald
Million Dollar Round Table Foundation
Neubauer Family Foundation
Northrop Grumman
Mrs. Catherine B. Reynolds
Southampton Middle School
Ms. Christine Toretti
Ms. Debi Wheeler
[ 14 ]
$1,000-$4,999
Mr. & Mrs. Harold Aberman
Mr. & Mrs. Eric Adolphe
Ms. Jean Albrent
Mr. Vince Alcarese
Mr. & Mrs. Bruce Alexander
Ms. Kazon Allen
Allstate Leasing
Dr. Joseph Amprey
Annapolis Middle School
Mr. & Mrs. Walter Anderson
Annie E. Casey Foundation, Inc.
Mr. Kendrick Ashton, Jr.
Associated Jewish Community
Mr. G. Leonard Baker, Jr. & Mrs. Mary Anne
Nyburg
Mr. & Mrs. David Ballard
Baltimore Rotary Foundation
Mr. & Mrs. Daniel Baronick
Dr. & Mrs. Herbert Bazron, Jr.
Mr. & Mrs. John Black
Blyler /Thompson Foundation
Mr. & Mrs. Victor Broccolino
Mr. & Mrs. Eddie Brown
Mr. & Mrs. James Brown
Mr. & Mrs. Steven Burke
Ms. Barbara Caroff
Dr. & Mrs. Charles Castoro
Ms. Linda Celli
Chesterfield Orthodontics
City of Riverdale
Ms. Joan Clark Davis
Cole Roofing Co., Inc.
Combined Charity Campaign
Combined Federal Campaign of the National
Capitol Area
Community Settlement Group, LLC
Mr. Joshua Constable
Coraopolis Collision Repair & Service
Mr. & Mrs. Michael Cosack
Dr. & Mrs. Alfonso Costa
Ms. Bernadette Curtis-Lambert
Dave 60 NYC, Inc.
Dr. Randy Davis
Ms. Mary Ann DeCapita
Ms. Amanda Diesel
Mr. Lee DiPietro
Emmert Hobbs Foundation
Mr. David Finkelstein
First Federal of Bucks County
Freeport-McMoRan Foundation
Frito-Lay, Inc.
Mr. & Mrs. Leonard Ganz
Gibraltar Management Co., Inc.
Mr. Ronald Glover
Mr. Neal Graham
Ms. Catherine Green
Mr. & Mrs. Thomas Grimes
Mr. & Mrs. Wes Guckert
Mr. Dennis Guhlke
Mr. Mark Hanley, Jr.
Mr. Joseph Hardy
Harry S. Rinker Investments
Mr. & Mrs. Will Henderson
Dr. & Mrs. Roy Heron, Jr.
Mr. Richard Herron
Discovering Promise Rewarding Excellence
HiTek Creations
Mr. James Holden
Howard County General Hospital
IBM Employee Services
Itzhaki Properties NY, Inc.
Mr. Todd Izzo
Johns Hopkins Health Systems
Mr. & Mrs. Dan Jorndt
KAWG&F
Mr. & Mrs. Neil Katz
Mr. & Mrs. Richard Kim
Mr. & Mrs. Jason Kimrey
Mr. & Mrs. Ed Kipps
Mr. & Mrs. Howard Klein
Mr. & Mrs. Steven Knapp
Mr. Larry Kropp
General & Mrs. Charles Krulak
Lincoln Financial Foundation
Lions Club International
LJT Group, LLC DBA Utopia
Dr. & Mrs. Walter Lomax, Jr.
Mrs. Seena Lubcher
Mr. Thomas Lusardi
Mangione Family Foundation
Mr. Theodore Mannering
Markovitz Dugan & Associates
Martin’s West
Mr. & Mrs. Richard May
Mr. & Mrs. Kevin McNulty
MECU
Ms. Jayne Miller
Mountain Education Foundation
Mr. & Mrs. Joseph Murphy
Mr. & Mrs. Maurice Nernberg
Mr. & Mrs. John Niparko
Drs. Richard & Catherine North
Mr. Jack Olender
Ms. Francis Pessolano
Ms. Elizabeth Piccione
Mr. John Pielmeier
Potomac Adventist Book/Health Food
Rosenthal-Statter Foundation
Rotary Club of Aberdeen Charities
Councilman Kenny Ruffin
Mr. Kurt & Dr. Patricia Schmoke
Mr. & Mrs. Schniedwind
Mr. & Mrs. Ronald Shapiro
Sinclair Broadcasting
Mr. David Smith
Mr. Ted Solomon
Special Olympics Maryland
Mr. & Mrs. Robert Steele, Jr.
StoneBridge Advisors, Inc.
The ACI Group
Ms. Brenda Travis
United Way of Central MD
Unitek
UPMC
USMGE
Mr. & Mrs. Peter Vrettakos
Michael W. Ward, CLU, ChFC, CFP
Mr. & Mrs. H.W. Wheeler, III
Mr. Tim Wilkinson
William B. & Nancy R. Thompson
Yale University
Mr. & Mrs. Michael Young

Financial Supporters July 1, 2009 - June 30, 2010
$500-$999
1st Mariner Bank
Action Business Systems
Mr. & Mrs. Bruce Aldred
Audacious Inquiry
Mr. James Austin
Bayer Construction Co., Inc.
Mr. Alfonso Berardelli
Bossa Nova, LLC
Mr. & Mrs. Steven Brooks
Chubb Group of Insurance Companies
Mr. Richard Clarke
CNC Foundation
Mr. & Mrs. Steven Colnitis
Compton Financial Group
Ms. Cynthia Cook
Mr. William Cook,III
Dr. & Mrs. Joshua Dee
Mr. Jeffrey Dubois
Mr. Hans Edwards
Fort Dearborn Life Insurance Co.
Mr. Steven Graeca
Guardian Life Insurance Co. of America
Mr. & Mrs. Franklin Hajek
Ms. Laun Hallstrom
Mr. Joseph Haskins, Jr.
Insley & Race, LLC.
Mr. James Jenness
John Hancock
Konterra
Kramon & Graham, P.A.
Lincoln Financial Group
Maryland Charity Campaign
Mid-Atlantic Foam
Morgan Stanley & Co.
Mr. & Mrs. Timothy Nettles
New Dominion Bank
Mr. & Mrs. Bob Petitt
PYXIS Systems International, Inc.
Resource Enterprises, Inc.
Mr. Curtis Robinson
Sanford Companies
Ms. Kelly Schweiger
Scott A. Duncan, Inc.
Mr. Yosefi Seltzer
Smail Company, Inc.
Mr. & Mrs. James Smith
Stampler Electric, Inc.
T. Rowe Price Associates Foundation
Talkin & OH, LLP
Mr. Allen Taylor
Mr. Bradly Thompson
Mr. & Mrs. William Thompson, Sr.
Mr. & Mrs. Lawrence Weisgal
Ms. Sally Wiggin
Mr. & Mrs. Matthew Wyskiel
$250-$499
Art of Praise Ministries, Inc.
Mr. Max Beier
Biddle Street Catering
Mr. & Mrs. Skip Blackburn
Bompiani Law Group, LLC
Combined Federal Campaign of DE
Ms. Stacey Corse
Dr. & Mrs. Daniel Drachman
Ms Donna Germinaro
Mr. & Mrs. Mark Gordon
Mr. & Mrs. Kingdon Gould, Jr.
Mr. Raymond Graeca
Dr. George Jallo
Johnny Janosik, Inc.
Sr. Jean Keating
Langenfelder Mechanical, Inc.
Mr. & Mrs. John Lion
Mahogany, Inc.
Mr. & Mrs. Felix Martinez
Ms. Martha Moore
Mr. Michael O’Neil
Mr. & Mrs. Robert Schuler
Mr. Kevin Schweiger
Mr. Bill Seymour
Ms. Ella Smith
Mr. Peter Smith
Ms. Patti Staley
United Way of Chester County
$100 - $249
Mr. & Mrs. David Armstrong
Aspen Maintenance Company
Dr. & Mrs. Warren Baird
Ms. Michelle Beier
Mr. & Mrs. Matthew Belgie
Mr. & Mrs. Michael Berla
Ms. Kimberly Bess
Mr. Richard Callahan
Mr. Murray Carson
Ms. Janice Cattano
Ms. Susan Cicero
Ms. Marybeth Clay
Coburn Elementary School
Ms. Eunice Cofie
Ms. Mary Compomizzi
Ms. Virginia Cottrell Thomas
Mr. & Mrs. Phillip Culotta
Mr. Chris DeBaun
Ms. Jeanette DeShields
Mr. & Mrs. Walter Dubiansky
Dr. Wayne Frederick
Mr. David Goodman
Drs. Michael & Susan Guarnieri
Mr. & Mrs. Edward Hirshberg
Ms. Karen Howe
Ms. Debra Hudak
Mr. Andrew Hudson
Ms. Michelle Hunter
Ms. C. Lynn Jachimski
Ms. Catherine Jackson
Rev. Mattie Ruth Stubb Jones
Mr. Michael Katz
Mr. Peter Katz
Mr. Jeff Kurkjian
Mr. David Lamson
Mr. & Mrs. Jim Lee
Ms. Megan Lehman
Ms. Jeannine Lesperance
Magothy River Middle School
Ms. Casey Martin
Mr. Edward Martinez
Mr. & Mrs. Robert McCreary
“
Mr. & Mrs. John McDonnell
Ms. Natalie McGrath
Ms. Edwina Mendelson
Ms. Kimberly Micklo
Mr. James Millford
Ms. Cynthia Newman
Mr. Craig Oliver
Mr. & Mrs. William Oshinsky
Ms. Kristin Paolini
Ms. Colleen Pilarski
Ms. Mary Jean Povero Evans
Ms. Kathleen Pruissen
Ms. Krishnan Raghuram
Ms. Helene Raven
Mrs. Mary Anne Rishebarger
Ms. Therese Rocco
Mr. & Mrs. Gregory Saba
Ms. Dana Salmen
Ms. Mabel Sawhill
Mr. & Mrs. Sanford Shapiro
Ms. Sumitra Shyamsundar
Mr. & Mrs. W. King Smith
Anat Sneh
Mr. & Mrs. Thomas Southard
Mr. David Strauser
Mr. & Mrs. Barry Tayman
Mr. & Mrs. R. Hutchings Vernon
Village Settlements, Inc.
Wachovia Wells Fargo Foundation
Mr. & Mrs. Eric Wangler
Watson’s Fireplace and Patio
Ms. Ashani Weeraratna
Ms. Valerie Williams
Mr. James Robert Wiltman
Ms. Jennie Wood
Ms. Wendy Wysong
Mr. James Yingling
The best way to please yourself
is to know you’ve done the best
for yourself that you can do.
Ben Carson (Think Big)“
We are grateful to all Carson
Scholar Fund contributors.
Thank you!
Carson Scholars Fund Annual Report 2010 [ 15 ]

Carson Scholars Fund, Inc.
305 West Chesapeake Avenue
Suite 310
Towson, Maryland 21204
Phone: 410.828.1005
Fax: 410.828.1007
Toll Free: 1.877.77DRBEN