Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund in Saugus, Massachusetts (MA)

Organization representatives - add corrected or new information about Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund »

Non-representatives - add comments about Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund»

Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund
Employer Identification Number (EIN)043085498
Name of OrganizationCatherine Mac Donald And John A Mac Donald Mem Scholarship Fund
In Care of NameEastern Bank And Trust Co
Address605 Broadway Lf 42, Saugus, MA 01906-3200
ActivitiesScholarships (other)
SubsectionCharitable Organization
Ruling Date10/1990
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$10,000 to $24,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$91,425
Amount of Income$22,504
Form 990 Revenue Amount$3,461

Non-representatives - add comments:


Your IP address will be logged.

Financial snapshot ($)

Expenses for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$2,814$3,196$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$3,196
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$3,784$849$0$2,867
Compensation of officers, directors, trustees, etc.$1,699
Total operating and administrative expenses$1,784$849$867
Contributions, gifts, grants paid$2,000
Excess of revenue over expenses and disbursements$-970
Net investment income$2,347
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$97,839$98,087
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$0
Investments-corporate stock$0
Investments-corporate bonds$0
Investments-mortgage loans$0
Total liabilities$0
Total liabilities and net assets/fund balances$97,839
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$0
Net capital loss$-382
Excise Tax Based on Investment Income (for 2012)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$47
Total credits and payments$60
2012 estimated tax payments and 2011 overpayment credited to 2012$60
Exempt foreign organizations-tax withheld at source$0
Tax paid with application for extension of time to file (Form 8868)$0
Backup withholding erroneously withheld$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Amount to be credited to 2013 estimated tax$13
Statements Regarding Activities (for 2012)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?Yes
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2012)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$99,310
Net value of noncharitable-use assets$97,820
Minimum investment return$4,891
Distributable Amount (for 2012)
Distributable amount$4,844
Undistributed Income (for 2012)
Distributable amount for 2012$4,844
Undistributed income for 2012. This amount must be distributed in 2013$2,485
Private Operating Foundations (for 2012)
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated


Your Review

Would you recommend Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund to others? (optional)
Add photo of Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in Massachusetts
IdNameAddressStateEstablishedTotal Income
1Catalogue For Philanthropy Inc124 Watertown St Ste 3b, Watertown, MA 02472-2500MA2003-06$78,655
2Dentaquest Institute Inc465 Medford St, Boston, MA 02129-1426MA2008-04$4,461,745
3Cataumet Club IncPO BOX 225, Cataumet, MA 02534-0225MA2004-06$162,216
4Catboat Association Inc262 Forest St, Needham, MA 02492-1326MA1984-12$60,804
5Catch The Science Bug Foundation Inc9 Devonshire Street, Worcester, MA 01605MA2004-12$0
6Catharine H Shaw Memorial Scholar Ship Tr, Nemec William W TteePO BOX 67, North Carver, MA 02355-0067MA2002-02$6,930
7Cathedral Hill Housing Corporation63 Jackson Street, Holyoke, MA 01040-5584MA2004-12$652,008
8Cathedral Preservation Tr Fund, Pappas Chris J Atty Ttee162 Goddard Ave, Brookline, MA 02445-7414MA1998-09$56,021
9Cathedral Tenants United Inc1472 Washington St, Boston, MA 02118-2015MA1991-07$15,325
10Catherine G Oleary Scholarship FundPO BOX 3007, Andover, MA 01810-0801MA1973-03$9,341
11Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund605 Broadway Lf 42, Saugus, MA 01906-3200MA1990-10$22,504
12Catherine P Dawes Tr Uw Fbo Berkshire Co Soc Crippled ChldPO BOX 1330, Hyannis, MA 02601-1330MA1972-06$7,906
13Catholic Charities Diocese Of Worcester Inc10 Hammond St, Worcester, MA 01610-1513MA1982-09$12,170,003
14Catholic Education Foundation Of Greater Lowell3 Fayette St, Lowell, MA 01852-1211MA2007-06$479,248
15Catholic Engaged Encounter Of Boston Inc3 Wayne Road, Westford, MA 01886MA1991-05$29,200
16Catholic Memorial Home2446 Highland Ave, Fall River, MA 02720-4504MA1941-09$22,393,845
17Catholic Social Services Of Fall River Inc1600 Bay St, Fall River, MA 02724-1216MA1946-03$5,959,627
18Catholics For Asia Inc40 Green St, Lynn, MA 01902-2905MA2007-10$2,335
19Cathy Fraser Scholarship Fund Inc17 Windlass Ln, Centerville, MA 02632-1637MA2004-03$415
20Cattel Andriski Foundation Inc81 West Rd, Petersham, MA 01366-9606MA1977-02$619 is not associated with, endorsed by, or sponsored by Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund and has no official or unofficial affiliation with Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund