Bmkb Memorial Scholarship Fund in Virginia Bch, Virginia (VA)

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Bmkb Memorial Scholarship Fund
Employer Identification Number (EIN)541838437
Name of OrganizationBmkb Memorial Scholarship Fund
In Care of NameJudith Brennan
Address3217 W Cheltingham Pl, Virginia Bch, VA 23452-5821
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Scholarships (other)
SubsectionCharitable Organization
Ruling Date05/1997
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Tax Period12/2011
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$3,071
Amount of Income$1
Form 990 Revenue Amount$1
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2011: $1 (it was $1,003 in 2010)
This organization: 

 $1
Other organizations performing similar types of work: 

 $72,336

Assets in 2011: $3,071 (it was $3,069 in 2010)
Bmkb Memorial Scholarship Fund: 

 $3,071
Other organizations performing similar types of work: 

 $239,394

Expenses in 2011: $0
This organization: 

 $0
Other organizations performing similar types of work: 

 $40,888

Grants share in income in 2011: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 0.1%

Financial snapshot ($)

Analysis of Revenue and Expenses (for 2011)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$1$0$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$1
Dividends and interest from securities$0
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$0$0$0$0
Excess of revenue over expenses and disbursements$1
Net investment income$0
Adjusted net income$0
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$3,071$3,071
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$0
Other$3,071
Total liabilities$0
Total liabilities and net assets/fund balances$3,071
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income (for 2011)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$0
Total credits and payments$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Amount to be credited to 2012 estimated tax$0
Statements Regarding Activities (for 2011)
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 2011 or the taxable year beginning in 2011?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2011)
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 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011?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 2011)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$0
Net value of noncharitable-use assets$0
Minimum investment return$0
Distributable Amount (for 2011)
Distributable amount$0
Undistributed Income (for 2011)
Distributable amount for 2011$0
Undistributed income for 2011. This amount must be distributed in 2012$0
Private Operating Foundations (for 2011)
2011201020092008Total
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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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Sylvester H Reed Memorial TrustPO BOX 1111, Pflugerville, TX 78691-1111TX1998-01$1,242,927
2Special Operations Fund901 N Stuart St Ste 200, Arlington, VA 22203-1821VA1992-10$2,645,532
3Truckload Carriers Association Scholarship Fund Inc555 East Braddock Road, Alexandria, VA 22314-2182VA1973-09$1,583,973
4Ukrops Educational Foundation2001 Maywill St Ste 100, Richmond, VA 23230-3236VA1996-02$531,144
5Ralph Stuart Stowers Scholarship TrustPO BOX 687, Tazewell, VA 24651-0687VA1997-10$369,444
6The Florence And Hyman Meyers Family Foundation1606 Stoneycreek Dr, Richmond, VA 23238-4125VA1995-08$358,547
7Ruth L Logsdon Charitable Tr UwPO BOX 5228, Martinsville, VA 24115-5228VA1996-04$335,715
8Tidewater Youth Services Foundation2404 Airline Blvd, Portsmouth, VA 23701-2912VA1992-04$198,984
9Smith Mountain Lake Lions Club Scholarship Trust IncPO BOX 655, Hardy, VA 24101-0655VA1991-06$176,971
10Vaw Vrc Officers Spouses Assoc Vaw Vrc Memorial Scholarship FundPO BOX 15322, Norfolk, VA 23511-0322VA1998-12$148,908
11The Lucy Pannill Sale Foundation231 E Church St Ste 5, Martinsville, VA 24112-2839VA1995-02$130,475
12Suffolk Education FoundationPO BOX 394, Suffolk, VA 23439-0394VA1993-11$129,800
13Smiy Fam Foundation Tr, Smiy Paul R Ttee11330 Avocet Dr, Chesterfield, VA 23838-8945VA1997-07$115,933
14Strasburg Community Scholarship Trust Fund Inc112 W King St, Strasburg, VA 22657-2220VA1996-11$68,578
15Washington Scots Charity & Educational Fund, St Andrews Society Of Wash Dc7410 Heritage Village Plaza, Gainesville, VA 20155-3304VA1959-03$68,102
16Florida Alpha Educational Foundation Inc206 Chapel Lane, Boyce, VA 22620VA1991-08$66,032
17Virginia Association For The GiftedPO BOX 1674, Tappahannock, VA 22560-1674VA1998-10$65,421
18Submarine Officers Wives Club Charitable AssociationPO BOX 15409, Norfolk, VA 23511-0409VA1997-10$22,282
19Hampton Roads Utility & Heavy Contrtrs Assoc Mem Schlship Fndtn, Hruhca3105 Western Branch Blvd Ste 5c, Chesapeake, VA 23321-5529VA1997-02$16,941
20The Virginia Printing Foundation Inc212 Independence Rd, Winchester, VA 22602-4501VA1984-09$16,345
Number of organizations performing similar types of work
Alaska15
Alabama29
Arkansas27
Arizona42
California252
Colorado46
Connecticut69
District of Columbia36
Delaware10
Florida151
Georgia78
Hawaii18
Iowa52
Idaho15
Illinois193
Indiana80
Kansas57
Kentucky48
Louisiana26
Massachusetts102
Maryland74
Maine15
Michigan138
Minnesota61
Missouri93
Mississippi12
Montana14
North Carolina100
North Dakota5
Nebraska30
New Hampshire12
New Jersey147
New Mexico15
Nevada16
New York202
Ohio188
Oklahoma33
Oregon38
Pennsylvania160
Rhode Island22
South Carolina36
South Dakota7
Tennessee42
Texas251
Utah11
Virginia136
Vermont9
Washington68
Wisconsin96
West Virginia21
Wyoming9
International5
Total3,412

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