Matthew J Mcdonough Scholarship Fund in Quincy, Massachusetts (MA)
Table of contents:
| Matthew J Mcdonough Scholarship Fund | |
| Employer Identification Number (EIN) | 043487485 |
| Name of Organization | Matthew J Mcdonough Scholarship Fund |
| In Care of Name | Donald P Gill |
| Address | 23 Sunnyside Rd, Quincy, MA 02169-1224 |
| Subsection | Charitable Organization |
| Ruling Date | 05/2002 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 08/2014 |
| Assets | $1 to $9,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $5,121 |
| Amount of Income | $17,970 |
| Form 990 Revenue Amount | $15,478 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising Organizations That Cross Categories |
Non-representatives - add comments:
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $11,936 | $15,107 | $15,608 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $4 | $1 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $11,932 | $15,106 | $15,608 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $15,986 | $17,503 | $17,050 |
| Less: direct expenses from gaming and fundraising events | $4,054 | $2,397 | $1,442 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $15,262 | $19,996 | $16,237 |
| Total net assets | $8,382 | $3,493 | $2,864 |
| Excess/Deficit for the year | $-3,326 | $-4,889 | $-629 |
| Net assets or fund balances at beginning of year | $11,708 | $8,382 | $3,493 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $3,493 | $2,864 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $8,382 | $3,493 | $2,864 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $8,382 | $3,493 | $2,864 |
| 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 | $87,485 |
| Subtotal | $87,485 |
| Gifts, grants, contributions, and membership fees received | $0 |
| 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 | $87,485 |
| 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 | $88,188 |
| Public support | $87,485 |
| Subtotal | $703 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $703 |
| 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 Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Mattapoisett Land Trust Inc | PO BOX 31, Mattapoisett, MA 02739-0031 | MA | 1974-05 | $123,174 |
| 2 | Mattapoisett Library Trust Inc | P O Box 475, Mattapoisett, MA 02739 | MA | 2002-01 | $0 |
| 3 | Mattapoisett Youth Baseball Association | Po Box 236, Mattapoisett, MA 02739 | MA | 2005-06 | $33,785 |
| 4 | Matthew 25 Inc | 52 Queen St, Worcester, MA 01610-1437 | MA | 1989-05 | $478,956 |
| 5 | Matthew 28 Ministries Inc | 41 Burnham Rd, N Billerica, MA 01862-1824 | MA | 2007-05 | $293,513 |
| 6 | Matthew A & Susan B Weatherbie Foundation | PO BOX 961019, Boston, MA 02196-1019 | MA | 2001-08 | $1,049,371 |
| 7 | Matthew B Friary Scholarship Fund | 790 Norton Ave, Taunton, MA 02780-7251 | MA | 1993-12 | $5,175 |
| 8 | Matthew B Winthrop Charitable Trust | 45 School St Fl 5, Boston, MA 02108-3207 | MA | 1979-07 | $62,397 |
| 9 | Matthew H Stauffer Foundation | 9 Dune Ln, Gloucester, MA 01930-1440 | MA | 2000-03 | $887 |
| 10 | Matthew J And Gilda F Strazzula Foundation, Johnson Paul R Ttee | 107 Audubon Rd Ste 107, Wakefield, MA 01880-1245 | MA | 2000-09 | $62,773 |
| 11 | Matthew J Mcdonough Scholarship Fund | 23 Sunnyside Rd, Quincy, MA 02169-1224 | MA | 2002-05 | $17,970 |
| 12 | Matthew Nagle Spinal Injury Foundation Inc | 79 Rustic Dr, S Weymouth, MA 02190-3305 | MA | 2002-07 | $51,873 |
| 13 | Matthew W Houlihan Foundation Inc | PO BOX 903, Falmouth, MA 02541-0903 | MA | 2001-11 | $24,323 |
| 14 | Matthew Warren Young Charitable Fund | 44 Caldwell Farm Rd, Byfield, MA 01922-2823 | MA | 1997-08 | $2,126 |
| 15 | Mattina R Proctor Foundation | 75 Federal St No 1300, Boston, MA 02110-1921 | MA | 1991-04 | $911,526 |
| 16 | Matts Place Inc | PO BOX 305, Lynn, MA 01903 | MA | 2007-07 | $0 |
| 17 | Matty Oliverira Memorial Fund Inc | 17 Holiday Dr, Fairhaven, MA 02719-2313 | MA | 2012-05 | $19,004 |
| 18 | Matz Family Foundation, Matz Robert E Ttee | 70 Atlantic St, Gloucester, MA 01930-1627 | MA | 1997-01 | $1 |
| 19 | Maude L Mclaughlin Testamentary Trust | 210 Massachusetts Ave P05-10, Boston, MA 02115-3012 | MA | 1938-05 | $220,448 |
| 20 | Maudslay Arts Center Inc | 182 Whitehall Rd, Amesbury, MA 01913-1017 | MA | 1993-08 | $42,601 |
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