Edith M Daso Scholaship Trust U/W in Ellsworth, Maine (ME)
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 Maine
| Edith M Daso Scholaship Trust U/W | |
| Employer Identification Number (EIN) | 016057578 |
| Name of Organization | Edith M Daso Scholaship Trust U/W |
| In Care of Name | Bar Harbor Banking & Trust Co |
| Address | PO BOX 1100, Ellsworth, ME 04605-1100 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 07/1977 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $50,575 |
| Amount of Income | $52,690 |
| Form 990 Revenue Amount | $4,516 |
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 | $-393 | $1,045 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $1,045 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $4,284 | $484 | $0 | $3,653 |
| Compensation of officers, directors, trustees, etc. | $577 | |||
| Total operating and administrative expenses | $1,095 | $484 | $464 | |
| Contributions, gifts, grants paid | $3,189 | |||
| Excess of revenue over expenses and disbursements | $-4,677 | |||
| Net investment income | $561 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $53,324 | $56,019 |
| Cash - non-interest-bearing | $0 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $53,324 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $53,324 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-1,438 |
| 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 | $6 |
| Total credits and payments | $80 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $80 |
| 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 | $74 |
| Amount to be credited to 2013 estimated tax | $8 |
| 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? | Yes |
| 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 | $57,413 |
| Net value of noncharitable-use assets | $56,560 |
| Minimum investment return | $2,828 |
| Distributable Amount (for 2012) | |
| Distributable amount | $2,822 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $2,822 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| 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 |
| Write your review! |
|
|
| Recently Added Reviews |
| Your Place Inc in Ellsworth, ME |
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
|
| Other organizations in Maine | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Eastport Public Library Association | 26 Water St, Eastport, ME 04631-1531 | ME | 1998-06 | $93,687 |
| 2 | Eastport Youth Association | PO BOX 223, Eastport, ME 04631-0223 | ME | 1997-03 | $102,422 |
| 3 | Eaton Street Apartments | PO BOX 84, Machias, ME 04654-0084 | ME | 2000-08 | $111,621 |
| 4 | Eco 2000 | PO BOX 504, Washburn, ME 04786-0504 | ME | 1993-11 | $30,734 |
| 5 | Ecology Education Inc, Ferry Beach Ecology School | 8 Morris Ave Bldg One, Saco, ME 04072-2314 | ME | 2000-06 | $880,543 |
| 6 | Economic Development Council Of Maine | Po Box 287, Augusta, ME 04332 | ME | 1991-04 | $0 |
| 7 | Eddington-Clifton Civic Center | PO BOX 306, Eddington, ME 04428-0306 | ME | 1984-01 | $15,832 |
| 8 | Edgcomb Tennis Club | PO BOX 1308, Kennebunk, ME 04043-1308 | ME | 1989-07 | $107,011 |
| 9 | Edgecomb Woods | 307 Cumberland Ave, Portland, ME 04101-4920 | ME | 2001-01 | $166,981 |
| 10 | Edith H Mccobb Trust, Harmon Gilbert Ttee | PO BOX 190, Camden, ME 04843-0190 | ME | 1994-10 | $52,716 |
| 11 | Edith M Daso Scholaship Trust U/W | PO BOX 1100, Ellsworth, ME 04605-1100 | ME | 1977-07 | $52,690 |
| 12 | Education Foundation Of The Kennebunks And Arundel | PO BOX 1531, Kennebunkport, ME 04046-1531 | ME | 2006-08 | $102,601 |
| 13 | Education Fund Of Midcoast Aauw | 153 Ludwig Road, Hope, ME 04847 | ME | 2000-05 | $1,077 |
| 14 | Educational And Research Foundation Of The Maine Society Of C P A | 153 Us Rte 1, Scarborough, ME 04074-9052 | ME | 1991-07 | $83,572 |
| 15 | Edward E And Hilda C Rosen Foundation | PO BOX 930, Bangor, ME 04402-0930 | ME | 1987-02 | $636,000 |
| 16 | Edward G Ernst Corporation | 686 Broadway, Bangor, ME 04401-3387 | ME | 1996-03 | $2,582 |
| 17 | Edward H Daveis Benevolent Fund | 245 Main St, Ellsworth, ME 04605-1613 | ME | 2007-12 | $89,078 |
| 18 | Ehope Foundation | PO BOX 7794, Portland, ME 04112-7794 | ME | 2005-03 | $3,684 |
| 19 | Eighth Maine Regiment Memorial Association | 13 Eighth Maine Ave, Peaks Island, ME 04108-1404 | ME | 2000-10 | $78,863 |
| 20 | Eldercare Network Of Lincoln County | PO BOX 652, Damariscotta, ME 04543-0652 | ME | 1997-06 | $2,066,963 |
Organization representatives - add corrected or new information about Edith M Daso Scholaship Trust U/W »
Non-representatives - add comments about Edith M Daso Scholaship Trust U/W»