2020-09-25T08:46:46-07:00 2020-06-30 BERNARD JOHNSON & COMPANY PC 15 MAIN STREET TOPSFIELD MA 01983 990 2019-07-01 043237355 MASCONOMET REGIONAL SCHOLARSHIP FOUNDATION INC MASC 9788872323 20 ENDICOTT ROAD BOXFORD MA 019212709 TIMOTHY F HAGAN TREASURER 9788872323 2020-07-30 true Timothy F Hagan CPA P00365920 9788872220 2020-09-25 96.89.201.101 2020-09-25 08:46:39 PD P 7CA5D16E38CA3BE13EF806B050278A57475A8ABA 7CA5D16E38CA3BE13EF806B050278A57475A8ABA 2019 2021-01-29 14:40:06Z TIMOTHY F HAGAN 15 MAIN STREET TOPSFIELD MA 01983 554405 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, 3 3 0 23 0 0 130910 123531 0 75169 77703 0 206079 201234 187950 181700 0 0 0 0 15920 16181 203870 197881 2209 3353 1453764 1483480 207800 202900 1245964 1280580 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, false false 181700 181700 201234 SCHOLARSHIP PROGRAM - PROVIDES FINANCIAL AID TO GRADUATING HIGH SCHOOL STUDENTS PLANNING TO ATTEND COLLEGE. ALL FUNDS ARE FROM LOCAL INDIVIDUALS, BUSINESS AND CIVIC ASSOCIATIONS. CRITERIA USED TO SELECT RECIPIENTS INCLUDE ACADEMIC RECORD, TEST SCORES, EXTRA-CURRICULAR ACTIVITIES AND FINANCIAL NEED. ONE HUNDRED FIFTY-ONE (151) SCHOLARSHIPS WERE AWARDED IN THE FISCAL YEAR ENDED JUNE 30, 2020. 181700 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 PETER DELANI 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 0 0 0 false false false 123531 123531 29174 0 29174 401700 353171 48529 48529 0 0 48529 201234 0 0 77703 181700 181700 3500 0 3500 0 12298 0 12298 0 313 0 313 0 FILING FEES 70 0 70 0 197881 181700 16181 0 43717 59819 100683 90817 74750 51750 3177 3580 1231437 1277514 1453764 1483480 3500 3500 204300 199400 207800 202900 X 29543 35846 1216421 1244734 1245964 1280580 1453764 1483480 3353 31263 X X true X false true false X 0 0 150639 137048 144695 130910 123531 686823 0 0 0 150639 137048 144695 130910 123531 686823 0 0 0 686823 29933 25148 26858 28195 29174 139308 29933 25148 26858 28195 29174 139308 172 0 0 0 0 172 826303 0.83120 0.83130 0.16860 0.16850 X Pt III Ln 12 Other Income Part III, Line 12 Description: OTHER INCOME 2015: 172. 2016: 0. 2017: 0. 2018: 0. 2019: 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1216421 9936 93678 75250 51 1244734 1194629 11751 85045 74500 504 1216421 1143940 33318 97921 80550 0 1194629 1081302 16471 124317 78150 0 1143940 1170254 12611 -23963 77600 0 1081302 1.00000 false false Pt V, Line 4 TEMPORARILY RESTRICTED NET ASSET FUNDS ARE USED TO SUPPORT PERPETUAL SCHOLARSHIP PAYMENTS true EDUCATIONAL, POST-SECONDARY SCHOLARSHIPS 151 181700 Pt I Line 2 THE FOUNDATION ISSUES SCHOLARSHIP PAYMENTS DIRECTLY TO THE ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION TO BE CREDITED TO THE STUDENT'S ACCOUNT, OR IN THE CASE OF FOREIGN ENROLLMENT, DIRECTLY REIMBURSES THE STUDENT UPON RECEIPT OF EVIDENTIARY MATTER RELATED TO THE STUDENT'S ENROLLMENT AND TUITION PAYMENT AT AN ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION. 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