Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund in Saugus, Massachusetts (MA)
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 Massachusetts
| Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund | |
| Employer Identification Number (EIN) | 043085498 |
| Name of Organization | Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund |
| In Care of Name | Eastern Bank And Trust Co |
| Address | 605 Broadway Lf 42, Saugus, MA 01906-3200 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 10/1990 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - 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:
Expenses 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 | $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 Value | Fair 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 | |
| Investments-other | $97,839 | |
| 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 |
| Overpayment | $13 |
| 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) | |||||
| 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 Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Catalogue For Philanthropy Inc | 124 Watertown St Ste 3b, Watertown, MA 02472-2500 | MA | 2003-06 | $78,655 |
| 2 | Dentaquest Institute Inc | 465 Medford St, Boston, MA 02129-1426 | MA | 2008-04 | $4,461,745 |
| 3 | Cataumet Club Inc | PO BOX 225, Cataumet, MA 02534-0225 | MA | 2004-06 | $162,216 |
| 4 | Catboat Association Inc | 262 Forest St, Needham, MA 02492-1326 | MA | 1984-12 | $60,804 |
| 5 | Catch The Science Bug Foundation Inc | 9 Devonshire Street, Worcester, MA 01605 | MA | 2004-12 | $0 |
| 6 | Catharine H Shaw Memorial Scholar Ship Tr, Nemec William W Ttee | PO BOX 67, North Carver, MA 02355-0067 | MA | 2002-02 | $6,930 |
| 7 | Cathedral Hill Housing Corporation | 63 Jackson Street, Holyoke, MA 01040-5584 | MA | 2004-12 | $652,008 |
| 8 | Cathedral Preservation Tr Fund, Pappas Chris J Atty Ttee | 162 Goddard Ave, Brookline, MA 02445-7414 | MA | 1998-09 | $56,021 |
| 9 | Cathedral Tenants United Inc | 1472 Washington St, Boston, MA 02118-2015 | MA | 1991-07 | $15,325 |
| 10 | Catherine G Oleary Scholarship Fund | PO BOX 3007, Andover, MA 01810-0801 | MA | 1973-03 | $9,341 |
| 11 | Catherine Mac Donald And John A Mac Donald Mem Scholarship Fund | 605 Broadway Lf 42, Saugus, MA 01906-3200 | MA | 1990-10 | $22,504 |
| 12 | Catherine P Dawes Tr Uw Fbo Berkshire Co Soc Crippled Chld | PO BOX 1330, Hyannis, MA 02601-1330 | MA | 1972-06 | $7,906 |
| 13 | Catholic Charities Diocese Of Worcester Inc | 10 Hammond St, Worcester, MA 01610-1513 | MA | 1982-09 | $12,170,003 |
| 14 | Catholic Education Foundation Of Greater Lowell | 3 Fayette St, Lowell, MA 01852-1211 | MA | 2007-06 | $479,248 |
| 15 | Catholic Engaged Encounter Of Boston Inc | 3 Wayne Road, Westford, MA 01886 | MA | 1991-05 | $29,200 |
| 16 | Catholic Memorial Home | 2446 Highland Ave, Fall River, MA 02720-4504 | MA | 1941-09 | $22,393,845 |
| 17 | Catholic Social Services Of Fall River Inc | 1600 Bay St, Fall River, MA 02724-1216 | MA | 1946-03 | $5,959,627 |
| 18 | Catholics For Asia Inc | 40 Green St, Lynn, MA 01902-2905 | MA | 2007-10 | $2,335 |
| 19 | Cathy Fraser Scholarship Fund Inc | 17 Windlass Ln, Centerville, MA 02632-1637 | MA | 2004-03 | $415 |
| 20 | Cattel Andriski Foundation Inc | 81 West Rd, Petersham, MA 01366-9606 | MA | 1977-02 | $619 |
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