Monsignor Forbes Scholarship Fund Trust Agreement in Saginaw, Michigan (MI)
Table of contents:
| Monsignor Forbes Scholarship Fund Trust Agreement | |
| Employer Identification Number (EIN) | 382402732 |
| Name of Organization | Monsignor Forbes Scholarship Fund Trust Agreement |
| Address | 6180 State St, Saginaw, MI 48603-3425 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 05/1982 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $241,942 |
| Amount of Income | $126,039 |
| Form 990 Revenue Amount | $126,039 |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $198,065 | $125,919 | $126,039 |
| Contributions, gifts, grants, and similar amounts received | $197,396 | $125,295 | $125,555 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $669 | $624 | $484 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $132,700 | $119,040 | $123,400 |
| Total net assets | $232,424 | $239,303 | $241,942 |
| Excess/Deficit for the year | $65,365 | $6,879 | $2,639 |
| Net assets or fund balances at beginning of year | $167,059 | $232,424 | $239,303 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $239,303 | $241,942 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $232,424 | $239,303 | $241,942 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $232,424 | $239,303 | $241,942 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $696,303 |
| Subtotal | $696,303 |
| Gifts, grants, contributions, and membership fees received | $692,714 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $3,589 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $700,261 |
| Public support | $696,303 |
| Subtotal | $3,958 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $3,958 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Other organizations in Michigan | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Monroe Golf And Country Club | 611 Cole Rd, Monroe, MI 48162-4183 | MI | 1945-06 | $1,757,210 |
| 2 | Monroe Hockey Association Inc | PO BOX 2600, Monroe, MI 48161-7600 | MI | 1999-02 | $80,238 |
| 3 | Monroe Lodge No 884 Loyal Order Of Moose, 884 | 1320 N Macomb St, Monroe, MI 48162-3131 | MI | 1935-08 | $391,530 |
| 4 | Monroe Meadows Inc | 718 N Macomb St, Monroe, MI 48162-7815 | MI | 1998-11 | $303,308 |
| 5 | Monroe Plumbers & Pipefitters Local 671 Jnt Apprnt & Trning Pl | 309 Detroit Ave, Monroe, MI 48162-2538 | MI | 1981-06 | $179,417 |
| 6 | Monroe Plumbers Local 671 Health & Welfare Plan | 700 Tower Dr Ste 300, Troy, MI 48098-2835 | MI | 1979-01 | $6,439,925 |
| 7 | Monroe Public Access Cable Television Inc, Mpact 40 18 | 20 W 5th St Ste 103, Monroe, MI 48161-2385 | MI | 1990-04 | $243,526 |
| 8 | Monroe Senior Citizens Center Inc | 15275 South Dixie Highway, Monroe, MI 48161-5010 | MI | 1980-02 | $548,066 |
| 9 | Monroe-Brown Foundation | 7950 Moorsbridge Rd Ste 300, Portage, MI 49024-4420 | MI | 1984-04 | $6,027,958 |
| 10 | Monsignor Champion K Of C Building Corporation | 107 Biddle, Wyandotte, MI 48192 | MI | 1984-05 | $0 |
| 11 | Monsignor Forbes Scholarship Fund Trust Agreement | 6180 State St, Saginaw, MI 48603-3425 | MI | 1982-05 | $126,039 |
| 12 | Montague Athletic Boosters | PO BOX 192, Montague, MI 49437-0192 | MI | 2006-03 | $86,895 |
| 13 | Montague Foundation | 1 Hillside Ct, Ann Arbor, MI 48104-2605 | MI | 1997-04 | $668,353 |
| 14 | Montague Youth Football And Cheerleading Inc | 7882 Meade St, Montague, MI 49437 | MI | 2004-04 | $15,673 |
| 15 | Montcalm Adult Reading Council | 200 West Judd Street, Greenville, MI 48838 | MI | 1998-05 | $42,874 |
| 16 | Montcalm Community College Foundation | 2800 College Dr, Sidney, MI 48885-9723 | MI | 1983-01 | $5,101,322 |
| 17 | Montcalm County 4 H Fair Assoc | PO BOX 513, Greenville, MI 48838-0513 | MI | 2003-11 | $184,190 |
| 18 | Montcalm County Board Of Realtors Inc | 309 1/2 S Lafayette St Ste 203, Greenville, MI 48838-1973 | MI | 1980-02 | $74,343 |
| 19 | Montcalm County Farm Bureau Inc | 115 E Main St, Stanton, MI 48888-9687 | MI | 1962-06 | $28,557 |
| 20 | Monteith Elementary School Parent Teacher Organization, Gerlach Beth | 500 Woodward Ave Ste 3500, Detroit, MI 48226-3485 | MI | 2005-02 | $58,157 |
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