2016-07-28T12:54:23-07:00 2016-06-30 BERNARD JOHNSON & COMPANY PC 15 MAIN STREET TOPSFIELD MA 01983 990 2015-07-01 043237355 MASCONOMET REGIONAL SCHOLARSHIP FOUNDATION INC MASC 9788872323 20 ENDICOTT ROAD BOXFORD MA 01921 TIMOTHY F HAGAN TREASURER 9788872323 2016-07-19 true TIMOTHY F HAGAN CPA 9788872220 2016-07-28 2015 2016-12-15 16:53:06Z TIMOTHY F HAGAN 15 MAIN STREET TOPSFIELD MA 01983 537859 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 128511 150639 0 87864 36494 173 216375 187306 191700 208400 0 0 0 0 16094 15542 207794 223942 8581 -36636 1408102 1327991 218249 224249 1189853 1103742 FINANCIAL AID SCHOLARSHIPS TO RESIDENT STUDENTS false false 220044 208400 187307 SCHOLARSHIP PROGRAM - PROVIDES FINANCIAL AID TO GRADUATING HIGH SCHOOL STUDENTS PLANNING TO ATTEND COLLEGE. ALL FUNDS ARE FROM LOCAL INDIVIDUALS AND ASSOCIATIONS. CRITERIA USED TO SELECT RECIPIENTS INCLUDE ACADEMIC RECORD, TEST SCORES, ACTIVITIES AND FINANCIAL NEED. TWO HUNDRED FORTY-NINE (251) SCHOLARSHIPS WERE AWARDED IN THE FISCAL YEAR ENDED JUNE 30, 2015. 220044 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 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 TIMOTHY F HAGAN 9788872220 15 MAIN STREET TOPSFIELD MA 019831842 X TIMOTHY F HAGAN TREASURER 4.00 X X 0 0 0 LAURIE A HODGDON CHAIRPERSON 2.00 X X 0 0 0 OLGA LANGLOIS SECRETARY 4.00 X X 0 0 0 false false false 150639 150639 29932 29932 357115 350553 6562 6562 6562 173 173 173 187306 173 36494 208400 208400 3500 0 3500 0 11562 11562 0 0 313 0 313 0 82 82 0 0 FILING FEES 85 0 85 0 223942 220044 3898 0 13964 17335 144079 90772 65300 73400 3735 3063 1181024 1143421 1408102 1327991 3499 3499 214750 220750 218249 224249 X 19599 22440 1170254 1081302 1189853 1103742 1408102 1327991 -36636 -49475 X X true X false true false X 0 0 0 213194 136240 120560 128511 150639 749144 213194 136240 120560 128511 150639 749144 749144 23936 29011 29411 30069 29933 142360 23936 29011 29411 30069 29933 142360 172 172 891676 0.84020 0.84070 0.15970 0.15930 X Pt III Ln 12 Other Income Part III, Line 12 Description: OTHER INCOME 2015: 172. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1170254 12611 -23963 77600 1081302 1209679 14549 27626 81600 1170254 1101820 19884 171210 83170 65 1209679 1029024 31535 125061 83450 350 1101820 1001720 101633 1067 74450 946 1029024 false false Pt V, Line 4 TEMPORARILY RESTRICTED NET ASSET FUNDS ARE USED TO SUPPORT PERPETUAL SCHOLARSHIP PAYMENTS true EDUCATIONAL, POST-SECONDARY SCHOLARSHIPS 271 208400 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 REIMBURSED DIRECTLY TO 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 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST Pt XII, Line 2c THE ANNUAL CERTIFIED FINANCIAL STATEMENTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE