2024-08-06T08:43:04-07:00 2024-06-30 043068663 BERNARD JOHNSON & COMPANY PC 15 MAIN STREET TOPSFIELD MA 01983 990 2023-07-01 043237355 MASCONOMET REGIONAL SCHOLARSHIP FOUNDATION INC MASC 9788872323 20 ENDICOTT ROAD BOXFORD MA 019212709 TIMOTHY F HAGAN TREASURER 9788872323 2024-07-10 true true Timothy F Hagan CPA P00365920 9788872220 2024-08-06 2023 2024-08-08 14:25:15Z TIMOTHY F HAGAN 15 MAIN STREET TOPSFIELD MA 01983 616971 false X N/A X 1994 MA FINANCIAL AID SCHOLARSHIPS TO RESIDENT STUDENTS IN THE REGIONAL DISTRICT WHO ARE GRADUATES OR POTENTIAL GRADUATES OF MASCONOMET REGIONAL HIGH SCHOOL AND ARE ACCEPTED AT A 4-YEAR OR 2-YEAR COLLEGE, TECHNICAL INSTITUTE, SCHOOL OF NURSING OR OTHER EDUCATION PROGRAM BEYOND HIGH SCHOOL. 3 3 0 23 0 0 137279 217651 0 66466 87320 21656 15400 225401 320371 205650 176400 0 0 0 0 16731 17829 222381 194229 3020 126142 1618417 1850631 227300 185700 1391117 1664931 FINANCIAL AID SCHOLARSHIPS TO RESIDENT STUDENTS IN THE REGIONAL DISTRICT WHO ARE GRADUATES OR POTENTIAL GRADUATES OF MASCONOMET REGIONAL HIGH SCHOOL AND ARE ACCEPTED AT A 4-YEAR OR 2-YEAR COLLEGE, TECHNICAL INSTITUTE, SCHOOL OF NURSING OR OTHER EDUCATION PROGRAM BEYOND HIGH SCHOOL. false false 176400 0 325371 SCHOLARSHIP PROGRAM - PROVIDES FINANCIAL AID TO GRADUATING HIGH SCHOOL STUDENTS PLANNING TO ATTEND COLLEGE. SCHOLARSHIPS ARE FUNDED BY INDIVIDUALS, COMMUNITY OGANIZATIONS, BUSINESSES, TOWNS AND PRIVATE FOUNDATIONS. CRITERIA USED TO SELECT RECIPIENTS INCLUDE ACADEMIC RECORD, TEST SCORES, EXTRA-CURRICULAR ACTIVITIES AND FINANCIAL NEED. ONE HUNDRED TWENTY-NINE (129) SCHOLARSHIPS WERE AWARDED IN THE FISCAL YEAR ENDED JUNE 30, 2024. 176400 true true false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false X 3 3 false false false false false false false true true false false true true true true false false false false false MA X JACQUELINE BOLDUC 9788872323 20 ENDICOTT ROAD BOXFORD MA 01921 X KATHERINE DINARDO CHAIRPERSON 2.00 X X 0 0 0 JACQUELINE BOLDUC SECRETARY 4.00 X X 0 0 0 TIMOTHY F HAGAN TREASURER 4.00 X X 0 0 0 false false false 217651 217651 36276 0 36276 347644 296600 51044 51044 0 0 51044 SCHOLARSHIP FORFEITURES 999999 15400 15400 0 0 15400 320371 15400 0 87320 176400 176400 3500 0 3500 0 14100 0 14100 0 FILING FEES 100 0 100 0 COMMITTEE EXPENSE 129 0 129 0 194229 176400 17829 0 56707 109498 40970 36007 94050 72250 3808 4608 1422882 1628268 1618417 1850631 3500 3500 222800 182200 1000 0 227300 185700 X 40798 51878 1350319 1613053 1391117 1664931 1618417 1850631 126142 147672 X X true X false false false X 0 107181 114700 130931 137279 217651 707742 0 0 107181 114700 130931 137279 217651 707742 239673 468069 29174 28836 35513 33461 36276 163260 0 16350 15882 12513 21656 15400 81801 952803 0.49130 0.41870 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: OTHER INCOME 2019: 0. 2020: 182. 2021: 13. 2022: 256. 2023: 0. Description: SCHOLARSHIP FORFEITURES 2019: 16350. 2020: 15700. 2021: 12500. 2022: 21400. 2023: 15400. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1350319 118951 213533 69750 0 1613053 1262490 19079 138750 70000 0 1350319 1495140 29506 -193906 68250 0 1262490 1244734 17850 301806 69250 0 1495140 1216421 9936 93678 75250 51 1244734 1.00000 false false Pt V, Line 4 DONOR RESTRICTED NET ASSET FUNDS ARE USED TO SUPPORT PERPETUAL SCHOLARSHIP PAYMENTS true EDUCATIONAL, POST-SECONDARY SCHOLARSHIPS 129 176400 Pt I Line 2 THE FOUNDATION ISSUES SCHOLARSHIP PAYMENTS DIRECTLY TO THE ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION TO BE CREDITED TO THE STUDENTS ACCOUNT, OR IN THE CASE OF FOREIGN ENROLLMENT, DIRECTLY REIMBURSES THE STUDENT UPON RECEIPT OF EVIDENTIARY MATTER RELATED TO THE STUDENTS ENROLLMENT AND TUITION PAYMENT AT AN ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION. X 1 100453 FMV ON DATE OF RECEIPT Pt VI, Line 11b THE TREASURER REVIEWS THE FORM 990 PRIOR TO ITS FILING Pt VI, Line 12c CONFLICT OF INTEREST POLICY IS SIGNED AND ANY DISCLOSURES ARE RESOLVED Pt VI, Line 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST Pt XII, Line 2c THE ANNUAL CERTIFIED FINANCIAL STATEMENTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE