The Mclnich Scholarship Fund in Concord, New Hampshire (NH)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in New Hampshire
| The Mclnich Scholarship Fund | |
| Employer Identification Number (EIN) | 026076262 |
| Name of Organization | The Mclnich Scholarship Fund |
| In Care of Name | Td Bank Na Ttee Fiduciary Tx Dept |
| Address | PO BOX 477, Concord, NH 03302-0477 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 04/1990 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2014 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1,563,094 |
| Amount of Income | $657,568 |
| Form 990 Revenue Amount | $199,855 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $53,504 | $53,504 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $42,250 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $11,254 | |||
| Total expenses and disbursements | $99,736 | $18,465 | $0 | $75,000 |
| Compensation of officers, directors, trustees, etc. | $17,922 | |||
| Total operating and administrative expenses | $24,736 | $18,465 | $0 | |
| Contributions, gifts, grants paid | $75,000 | |||
| Excess of revenue over expenses and disbursements | $-46,232 | |||
| Net investment income | $35,039 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,282,430 | $1,564,636 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $104,985 | |
| Investments-corporate stock | $851,963 | |
| Investments-corporate bonds | $250,783 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $74,699 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $1,282,430 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $11,254 |
| 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 | $701 |
| Total credits and payments | $3,628 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $3,628 |
| 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 |
| Overpayment | $2,927 |
| Amount to be credited to 2013 estimated tax | $704 |
| 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 | $1,557,327 |
| Net value of noncharitable-use assets | $1,533,960 |
| Minimum investment return | $76,698 |
| Distributable Amount (for 2012) | |
| Distributable amount | $75,997 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $75,997 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $154 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| 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 |
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| Other organizations in New Hampshire | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Friendly Kitchen Inc | PO BOX 373, Concord, NH 03302-0373 | NH | 1982-09 | $774,164 |
| 2 | The Friends Of The Gilford Public Library | 31 Potter Hill Rd, Gilford, NH 03249-6803 | NH | 1997-04 | $17,763 |
| 3 | The Goldstock Fund Limited | 30 Proctor Rd, Alton, NH 03809-5232 | NH | 1998-09 | $15,123 |
| 4 | The Helmut Wolfgang Schumann Foundation | 41 S Park St, Hanover, NH 03755-2109 | NH | 1985-03 | $1,954,219 |
| 5 | The Help For People Foundation, Lyons Teresa G Et Al Ttee | C/O Nathan Wechsler Co 44 School St, Lebanon, NH 03766 | NH | 2003-11 | $729,154 |
| 6 | The Homemakers Health Services | 215 Rochester Hill Rd, Rochester, NH 03867-1701 | NH | 1975-11 | $2,711,168 |
| 7 | The International Network Of Resource Information Centers | 719 Town House Rd, Cornish, NH 03745-4534 | NH | 1985-06 | $95,363 |
| 8 | The Jack & Dorothy Byrne Foundation Inc | 80 S Main St Ste 202, Hanouver, NH 03755-2053 | NH | 1999-12 | $54,859,685 |
| 9 | The Lake Wentworth Association Inc | PO BOX 834, Wolfeboro Fls, NH 03896-0834 | NH | 1993-02 | $24,218 |
| 10 | The Lakes Region Kennel Club Inc | 29 Glenridge Way, Gilford, NH 03249-2211 | NH | 1999-02 | $13,846 |
| 11 | The Mclnich Scholarship Fund | PO BOX 477, Concord, NH 03302-0477 | NH | 1990-04 | $657,568 |
| 12 | The Mental Health Center Of Greater Manchester Inc | 401 Cypress St, Manchester, NH 03103-3628 | NH | 1962-08 | $23,474,303 |
| 13 | The Muchachos Inc | PO BOX 5197, Manchester, NH 03108-5197 | NH | 2007-05 | $39,991 |
| 14 | The Nashua Community Chamber Orchestra | PO BOX 1679, Nashua, NH 03061-1679 | NH | 1990-09 | $46,468 |
| 15 | The New Hampshire Society Of Professional Engineers Inc | Po Box 1343, Concord, NH 03302 | NH | 2002-03 | $0 |
| 16 | The Nh Chapter Of The Military Officers Association Of America | PO BOX 712, Dover, NH 03821-0712 | NH | 1980-04 | $104,258 |
| 17 | The Nhheaf Network Educational Foundation | PO BOX 2111, Concord, NH 03302-2111 | NH | 2005-07 | $1 |
| 18 | The Old Man Of The Mountain Revitalization Fund Inc | PO BOX 6, Franconia, NH 03580-0006 | NH | 2003-06 | $44,292 |
| 19 | The Park Theatre Inc | PO BOX 278, Jaffrey, NH 03452-0278 | NH | 2007-05 | $364,984 |
| 20 | The Penates Foundation | 1 Liberty Ln E Ste 100, Hampton, NH 03842-1809 | NH | 1984-08 | $5,572,624 |
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