The Clarence E Mulford Trust, David R Hastings Ii Trustee in Fryeburg, Maine (ME)

Organization representatives - add corrected or new information about The Clarence E Mulford Trust, David R Hastings Ii Trustee »

Non-representatives - add comments about The Clarence E Mulford Trust, David R Hastings Ii Trustee»

The Clarence E Mulford Trust, David R Hastings Ii Trustee
Employer Identification Number (EIN)010247548
Name of OrganizationThe Clarence E Mulford Trust
Secondary NameDavid R Hastings Ii Trustee
In Care of NamePeter G Hastings Trustee
AddressPO BOX 290, Fryeburg, ME 04037-0290
ActivitiesGifts, grants, or loans to other organizations, Other school related activities
SubsectionCharitable Organization
Ruling Date12/1965
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$5,000,000 to $9,999,999
Income$100,000 to $499,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$5,508,365
Amount of Income$400,662
Form 990 Revenue Amount$558,820


Non-representatives - add comments:


CAPTCHA

Your IP address 34.235.150.151 will be logged.

Financial snapshot ($)

Revenue for 2012

Expenses for 2012

Assets 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$586,080$586,080$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$204
Dividends and interest from securities$379,355
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Other$206,521
Total expenses and disbursements$539,234$34,442$0$494,067
Compensation of officers, directors, trustees, etc.$68,984
Total operating and administrative expenses$79,808$34,442$0
Contributions, gifts, grants paid$459,425
Excess of revenue over expenses and disbursements$46,848
Net investment income$551,637
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$5,130,271$10,511,204
Cash - non-interest-bearing$506,683
Investments-U.S. and state government obligations$500,029
Investments-corporate stock$2,062,341
Investments-corporate bonds$2,061,216
Investments-mortgage loans$0
Investments-other$0
Other$2
Total liabilities$0
Total liabilities and net assets/fund balances$5,130,271
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$206,520
Net capital loss$0
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$11,012
Total credits and payments$10,724
2012 estimated tax payments and 2011 overpayment credited to 2012$10,724
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$378
Overpayment$0
Amount to be credited to 2013 estimated tax$0
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?No
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$10,257,173
Net value of noncharitable-use assets$10,103,300
Minimum investment return$505,165
Distributable Amount (for 2012)
Distributable amount$494,063
Undistributed Income (for 2012)
Distributable amount for 2012$494,063
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
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

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend The Clarence E Mulford Trust, David R Hastings Ii Trustee to others? (optional)
  
Add photo of The Clarence E Mulford Trust, David R Hastings Ii Trustee (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»
Recently Added Reviews
Sanctuary At Maple Hill Farms Inc in Auburn, ME
*****
Waterboro Land Trust Inc in North Waterboro, ME
*
Interpreter Services For The Deaf Inc in Cambridge, ME
Ashland Area Cross Country Ski Club in Ashland, ME
Honoring Of The Elders in Sanford, ME
****•
Legacy Inc in Hampden, ME
*
Andover Educational Fund Inc in Andover, ME
Curran Homestead in Orrington, ME
*
Dirigo Search And Rescue Association in Orono, ME
*****
Friends Of The Doubling Point Light in Arrowsic, ME
Other organizations in Maine
IdNameAddressStateEstablishedTotal Income
1Telephone Association56 Campus Dr, New Gloucestr, ME 04260-5109ME1966-04$251,953
2Telephone Association Of New England19 Yarmouth Dr Ste 301, New Gloucestr, ME 04260-5043ME1991-04$145,076
3Telesis Housing CorporationPO BOX 1123, Portland, ME 04104-1123ME1994-06$864,788
4Telling Room225 Commercial St Ste 201, Portland, ME 04101-6605ME2006-09$447,736
5The Alfred M Senter FundPO BOX 17510, Portland, ME 04112-8510ME2001-07$804,546
6The Blue Hill Harbor SchoolPO BOX 1629, Blue Hill, ME 04614-1629ME2007-11$154,573
7The Camden Childrens House Montessori School58 Elm St, Camden, ME 04843-1929ME1997-08$444,450
8The Carpenters Boatshop440 Old County Rd, Pemaquid, ME 04558-4005ME1984-04$846,696
9The Center For Grieving Children555 Forest Ave, Portland, ME 04101-1504ME1988-05$923,178
10The Chapman House41 Pleasant St, Auburn, ME 04210-5936ME1941-04$1,382,241
11The Clarence E Mulford Trust, David R Hastings Ii TrusteePO BOX 290, Fryeburg, ME 04037-0290ME1965-12$400,662
12The Committee To Restore The Abyssinian MeetinghousePO BOX 11064, Portland, ME 04104-7064ME1997-10$65,404
13The Cromwell Center For Disabilities Awareness97a Exchange St Ste 205, Portland, ME 04101-5016ME2003-04$227,111
14The Cundys Harbor Library Inc935 Cundys Harbor Rd, Harpswell, ME 04079-4505ME2007-11$26,926
15The Dearborn FoundationPO BOX 310, Fryeburg, ME 04037-0310ME1994-04$273,483
16The Downeast Chapter Of Maine AudubonPO BOX 1212, Ellsworth, ME 04605-1212ME1989-07$164,298
17The Edward L And Ruth J Jones Charitable FoundationC/O Robert B Gregory, Damariscotta, ME 04543ME1998-10$106,056
18The Evergreens Senior Citizens Club Of The Brunswick Area1 Columbus Dr, Brunswick, ME 04011-1551ME1986-06$38,936
19The Falmouth Historical Society190 Us Rte 1, Falmouth, ME 04105-1313ME1983-05$12,523
20The Foundation For Maine Community Colleges, Mccs Foundation323 State St, Augusta, ME 04330-7131ME2010-05$1,202,464

NonProfitFacts.com is not associated with, endorsed by, or sponsored by The Clarence E Mulford Trust, David R Hastings Ii Trustee and has no official or unofficial affiliation with The Clarence E Mulford Trust, David R Hastings Ii Trustee