PAUL S MORTON SCHOLARSHIP FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: PAUL S MORTON SCHOLARSHIP FOUNDATION (EIN 72-2549922)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-09-13
IRS object ID: 201722569349100407
Schema version: 2016v3.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-09-13T12:47:42-04:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	721408019	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BMC INCOME TAX & FINANCIAL SERVICES	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2005 AMES BLVD	AddressLine1Txt
City	Marrero	CityNm
State Abbreviation	LA	StateAbbreviationCd
ZIP	70072	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2016-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	722549922	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PAUL S MORTON SCHOLARSHIP FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PAUL	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5600 READ BLVD	AddressLine1Txt
City	New Orleans	CityNm
State Abbreviation	LA	StateAbbreviationCd
ZIP	70127	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	YULONDA GRIFFIN	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	5049159763	PhoneNum
Signature	2017-09-12	SignatureDt
Discuss With Paid Preparer	false	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Byron M Clark EA	PreparerPersonNm
PTIN	P00918693	PTIN
Phone	5043410565	PhoneNum
Preparation	2017-09-13	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	70.183.112.155	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2017-09-13	IPDt
IP Tm	12:49:58	IPTm
Federal Original Submission Id	7280702017256cxkmsge	FederalOriginalSubmissionId
Federal Original Submission Id	2017-09-13	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	8F33878804F282EE196BC2376C479711115EEF2C	AtSubmissionCreationDeviceId
At Submission Filing Device Id	8F33878804F282EE196BC2376C479711115EEF2C	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$12,539	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$71,416	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$16	InterestOnSavRevAndExpnssAmt
Total Rev And Expnss	$71,432	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Other Expenses Rev And Expnss	$72,819	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$72,819	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$16,875	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$16,875	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$89,694	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$16,875	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$18,262	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$197,683	CashBOYAmt
Cash EOY	$12,539	CashEOYAmt
Cash EOYFMV	$12,539	CashEOYFMVAmt
Other Assets BOY	$25,400	OtherAssetsBOYAmt
Total Assets BOY	$223,083	TotalAssetsBOYAmt
Total Assets EOY	$12,539	TotalAssetsEOYAmt
Total Assets EOYFMV	$12,539	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$223,083	UnrestrictedBOYAmt
Unrestricted EOY	$12,539	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$223,083	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$12,539	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$223,083	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$12,539	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$223,083	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$18,262	ExcessRevenueOverExpensesAmt
Subtotal	$204,821	SubtotalAmt
Other Decreases	$192,282	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$12,539	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Adj Net Vl Noncharitable Assets	$0	AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct	$0	AdjNonchrtblNetInvstIncmPctAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	false	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Individual With Books	YULONDA GRIFFIN	IndividualWithBooksNm
Phone	5049159763	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	5600 READ BLVD	AddressLine1Txt
City	New Orleans	CityNm
State Abbreviation	LA	StateAbbreviationCd
ZIP	70127	ZIPCd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
DR LOUVINA WALLACE
5600 READ BLVD	New Orleans	LA	70127	PRESIDENT	0.00	$0	$0	$0
FRANK WILLIAMS
5600 READ BLVD	New Orleans	LA	70127	VICE PRESIDENT	0.00	$0	$0	$0
JAVETTA BROGAN
5600 READ BLVD	New Orleans	LA	70127	SECRETARY	0.00	$0	$0	$0
YULONDA GRIFFIN
5600 READ BLVD	New Orleans	LA	70127	TREASURER	0.00	$0	$0	$0
AUDREY JACKSON
5600 READ BLVD	New Orleans	LA	70127	RECORDING SECRETARY	0.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$16,875	ExpensesAndContributionsAmt
Qualifying Distributions	$16,875	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$16,875	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Qualifying Distributions	$16,875	QualifyingDistributionsAmt
Remaining Distri From Corpus	$16,875	RemainingDistriFromCorpusAmt
Total Corpus	$16,875	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$16,875	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$16,875	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManagerNm
Shareholder Manager	NONE	ShareholderManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
JIAIR RICHARDSON
821 FAIRFAX DR	Gretna	LA	70056	NONE	PF	COLLEGE SCHOLARSHIP LAFAYETTE	$625
AMARI CARDOVA
300 WALL BLVD BLDG 228	Gretna	LA	70056	NONE	PF	COLLEGE SCHOLARSHIPSOUTHEASTERN UNIVERSITY	$625
MOZIAH G MITCHELL
340 MELBROOK DR	Gretna	LA	70056	NONE	PF	COLLEGE SCHOLARSHIPSOUTHEASTERN	$625
JADA OWENS
3808 SOUTH INWOOD AVE	New Orleans	LA	70131	NONE	PF	COLLEGE SCHOLARSHIPHOWARD UNIVERSITY	$1,250
JAZLYN GRIER
5600 READ BLVD	New Orleans	LA	70128	NONE	PF	COLLEGE SCHOLARSHIPWEST GEORGIA	$1,250
QUINESHIA TUCKER
5600 READ BLVD	New Orleans	LA	70128	NONE	PF	COLLEGE SCHOLARSHIP WEST GEORGIA	$1,250
DANIELLE GRAYSON
5600 READ BLVD	New Orleans	LA	70128	NONE	PF	COLLEGE SCHOLARSHIPHAMPTON UNIVERSITY	$1,250
AMBER E SYLVAIN
5600 READ BLVD	New Orleans	LA	70128	NONE	PF	COLLEGE SCHOLARSHIPSPELLMAN COLLEGE	$625
JKYRA A BOUIE
5600 READ ST	New Orleans	LA	70128	NONE	PF	COLLEGE SCHOLARSHIPXAVIER UNIVERSITY	$625
KOREY I FINNIE
1100 WYNDHAM ST	Gretna	LA	70056	NONE	PF	COLLEGE SCHOLARSHIPTULANE UNIVERSITY	$625

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$8,750	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
GIA-CAROLINE WEBER
2314 SONIAT ST	New Orleans	LA	70115	NONE	PF	COLLEGE SCHOLARSHIPNORTHWESTERN SATE UNIVERSITY	$1,250
AMAIRIELLE CARDOVA
300 WALL BLVD BLDG 228	Gretna	LA	70056	NONE	PF	COLLEGE SCHOLARSHIPSOUTHEASTERN UNIVERSITY	$625
ATIANNA CORDOVA
500 WALL BLVD BLDG 228	Gretna	LA	70056	NONE	PF	COLLEGE SCHOLARSHIPTEXAS STATE UNIVERSITY	$625
NIA RUSSELL
5600 READ BLVD	New Orleans	LA	70128	NONE	PF	COLLEGE SCHOLARSHIPHOWARD UNIVERSITY	$1,250
MARIAH MILLER
5600 READ BLVD	New Orleans	LA	70128	NONE	PF	COLLEGE SCHOLARSHIPLIPSCOMB UNIVERSITY	$1,250
LAREYA BROWN
5600 READ BLVD	New Orleans	LA	70128	NONE	PF	COLLEGE SCHOLARSHIPBOSTON UNIVERSITY	$1,250
KAILA S WILLIAMS
5600 READ BLVD	New Orleans	LA	70128	NONE	PF	COLLEGE SCHOLARSHIPDILLARD UNIVERSITY	$625
JULIAN BERNARD
10319 ZERLEE ST	Baton Rouge	LA	70807	NONE	PF	COLLEGE SCHOLARSHIPLA STATE UNIVERSITY A&M	$625
GABRIELLE LEWIS
427 EAST BELLEVUE ST	Opelousas	LA	70570	NONE	PF	COLLEGE SCHOLARSHIPCOLUMBIA UNIVERSITY	$625

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$8,125	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Rev Part VII ProgramServiceRevPartVIIGrp

Field	Value	IRS element (for citing)
Desc	CONTRIBUTIONS	Desc
Business	900099	BusinessCd
Unrelated Business Taxbl Incm	$71,416	UnrelatedBusinessTaxblIncmAmt
Exclusion	01	ExclusionCd

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$16	UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$71,432	UnrelatedBusinessTaxblIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$71,432	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	CONSTRUCTION IN PROGRESS	Desc
BOY Book Value	$25,400	BOYBookValueAmt
EOY Book Value	$0	EOYBookValueAmt
EOYFMV	$0	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	ADJUSTED YEAR FUND BALANCE	Desc
Amt	$192,282	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADVERTISING	$132	$0	$0	$0
BANK SERVICE FEES	$179	$0	$0	$0
LEGAL AND PROFESSIONAL FEES	$71,200	$0	$0	$0
OFFICE EXPENSE	$1,000	$0	$0	$0
SUBSCRIPTION EXPENSE	$308	$0	$0	$0