MERRIMACK COUNTY SAVINGS BANK FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- MERRIMACK COUNTY SAVINGS BANK FOUNDATION (EIN 04-3370159)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-05-09
- IRS object ID
- 201611309349101671
- Schema version
- 2015v2.1
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-09T14:44:56-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 020365196 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASON & RICH PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 BICENTENNIAL SQ | AddressLine1Txt |
| City | CONCORD | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 033014058 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043370159 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERRIMACK COUNTY SAVINGS BANK FDTN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MERR | BusinessNameControlTxt |
| Phone | 6032232707 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 89 NORTH MAIN STREET | AddressLine1Txt |
| City | CONCORD | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03301 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL C RIZZI | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 6032232707 | PhoneNum |
| Signature | 2016-04-26 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | POLLYANNA KING CPA MST | PreparerPersonNm |
| PTIN | P00539290 | PTIN |
| Phone | 6032242000 | PhoneNum |
| Preparation | 2016-04-26 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,102,021 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $16,157 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $13,403 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $12,265 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $12,265 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $47,565 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $552,538 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $47,565 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $75,987 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $73,233 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $1,315 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $658 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $657 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $11,539 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $11,539 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $6,424 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,424 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $95 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $20 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $75 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $19,373 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $18,641 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $732 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $49,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $49,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $68,373 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $18,641 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $49,732 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $7,614 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $54,592 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $69 | CashBOYAmt |
| Cash EOY | $49 | CashEOYAmt |
| Cash EOYFMV | $49 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $81,381 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $23,373 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $23,373 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $239,405 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $200,793 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $201,505 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $516,737 | CorporateStockBOYAmt |
| Corporate Stock EOY | $598,830 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $715,286 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $144,591 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $165,714 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $161,808 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $982,183 | TotalAssetsBOYAmt |
| Total Assets EOY | $988,759 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,102,021 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $982,183 | RetainedEarningBOYAmt |
| Retained Earning EOY | $988,759 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $982,183 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $988,759 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $982,183 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $988,759 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $982,183 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $7,614 | ExcessRevenueOverExpensesAmt |
| Subtotal | $989,797 | SubtotalAmt |
| Other Decreases | $1,038 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $988,759 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES - ST | P | 2014-10-13 | 2015-01-15 | $316,887 | $317,687 | -$800 | -$800 |
| PUBLICLY TRADED SECURITIES - LT | P | 2012-02-08 | 2015-04-22 | $234,607 | $187,286 | $47,321 | $47,321 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $47,565 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $55,400 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,154,551 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.047984 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $51,150 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,078,411 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.047431 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $48,575 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,013,919 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.047908 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $45,348 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $994,218 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.045612 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $42,751 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $953,537 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.044834 | DistributionYr5Rt |
| Total Distribution | 0.233769 | TotalDistributionRt |
| Average Distribution | 0.046754 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,136,671 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $53,144 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $546 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $53,690 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $49,732 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,092 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,092 | SubtotalAmt |
| Tax Based On Investment Income | $1,092 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,760 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,760 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,668 | OverpaymentAmt |
| Applied To ES Tax | $2,668 | AppliedToESTaxAmt |
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 | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | 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 |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | MERRIMACK COUNTY SAVINGS BANK | IndividualWithBooksNm |
| Phone | 6032252793 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 89 NORTH MAIN STREET | AddressLine1Txt |
| City | CONCORD | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
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 |
|---|---|---|---|---|---|---|---|---|
| PAUL C RIZZI | ||||||||
| 89 NORTH MAIN STREET | CONCORD | NH | 03301 | SECRETARY/TR | 0.05 | $0 | $0 | $0 |
| JANE DIFLEY | ||||||||
| 236 DEER MEADOW ROAD | WEBSTER | NH | 03303 | TRUSTEE | 0.05 | $0 | $0 | $0 |
| MICHAEL GREEN | ||||||||
| 123 OLD HENNIKER ROAD | HOPKINTON | NH | 03229 | TRUSTEE | 0.05 | $0 | $0 | $0 |
| LINDA FANARAS | ||||||||
| 150 DOW STREET 3RD FLOOR | MANCHESTER | NH | 03101 | TRUSTEE | 0.05 | $0 | $0 | $0 |
| JOHN GILBERT | ||||||||
| 5 ROCKY RIDGE CIRCLE | EXETER | NH | 03833 | TRUSTEE | 0.05 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,101,553 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $52,428 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,153,981 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,153,981 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $17,310 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,136,671 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $56,834 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $56,834 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,092 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,092 | TotalTaxAmt |
| Distributable Before Adj | $55,742 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $55,742 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $55,742 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $49,732 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $49,732 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $49,732 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $55,742 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $48,858 | UndistributedIncomePYAmt |
| Qualifying Distributions | $49,732 | QualifyingDistributionsAmt |
| Applied To Year1 | $48,858 | AppliedToYear1Amt |
| Applied To Current Year | $874 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $54,868 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CHRISTINE SCHEINER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 89 NORTH MAIN STREET | AddressLine1Txt |
| City | CONCORD | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6032232707 | RecipientPhoneNum |
| Form And Info And Materials | IN ORDER TO ASSURE FAIRNESS, CONSISTENCY AND AS MUCH OBJECTIVITY AS POSSIBLE IN THE GRANT ALLOCATION PROCESS, ALL GRANT REQUESTS WILL BE ACCEPTED ON A COMMON BASIS. FIVE (5) COPIES OF THE ENTIRE APPLICATION PACKAGE ARE REQUIRED. A GRANT REQUEST WILL NOT NORMALLY BE CONSIDERED BY THE TRUSTEESD UNLESS IT INCLUDES, AT A MINIMUM: 1. THE GRANT REQUEST APPLICATION FORM. 2. ONE TO THREE PAGE DESCRIPTION OF THE APPLYING ORGANIZATION AND THE PROGRAM(S) TO BE FUNDED BY THE GRANT. 3. AN EXPLANATION OF THE GOVERNANCE STRUCTURE OF THE ORGANIZATION, INCLUDING THE ORGANIZATION'S EXECUTIVE STAFF AND BOARD OF TRUSTEES. 4.THE AMOUNT REQUESTED. ORGANIZATIONS ARE REQUIRED TO SUBMIT A PROJECT/PROGRAM BUDGET. OTHER FUNDING SOURCES (IF ANY) SHOULD BE NOTED, AS WELL AS AN EXPLANATION OF HOW THE FUNDS WILL BE USED SHOULD THE FULL GRANT REQUEST NOT BE GRANTED. 5. A COPY OF THE ORGANIZATION'S 501(C)(3) DETERMINATION LETTER AND A STATEMENT THAT YOUR ORGANIZATION CURRENTLY QUALIFIES AS SUCH, AND THAT YOU ARE IN CO | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APPLICATIONS ARE ACCEPTED BEGINNING SEPTEMBER 1ST TO OCTOBER 1ST IN THE GRANT YEAR. | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE FOUNDATION DOES NOT FUND REQUESTS FROM INDIVIDUALS, MUNICIPALITIES, PRIVATE SCHOOLS, POLITICAL, LABOR, RELIGIOUS, FRATERNAL, VETERANS ORGANIZATIONS, NOR ORGANIZATIONS WHOSE MAIN FUNCTION IS LOBBYING. GRANT REQUESTS ARE ENCOURAGED FROM NOT-FOR-PROFIT, CIVIC, ARTS, ENVIRONMENTAL, SOCIAL SERVICE, HEALTH AND AFFORDABLE HOUSING ORGANIZATIONS THAT HAVE 501(C)(3) STATUS. ALL APPLICATIONS FOR GRANTS MUST BE IN WRITING. THE FOUNDATION'S GEOGRAPHIC FOCUS WILL BE THOSE COMMUNITIES THAT THE BANK SERVICES. THE SERVICE AREA WILL BE DEFINED AS THE BANK'S ASSESSMENT AREAS. REQUESTS FROM STATEWIDE ORGANIZATIONS MAY BE CONSIDERED, BUT THE DECISION PROCESS WILL CENTER AROUND THE USE OF A GRANT TO FUND PROGRAMS TO BENEFIT THE COMMUNITIES WITHIN THE FOUNDATION'S GEOGRAPHIC FOCUS. IN ITS DELIBERATIONS, THE TUSTEES WILL CONSIDER THE SEVERITY OF NEED, THE LEVEL OF FUNDING AVAILABLE FROM OTHER SOURCES AND THE LIKELIHOOD THAT THE DONATION WILL BRING ABOUT THE DESIRED OUTCOMES. WHILE AMOUNTS VARY, TYPICALLY | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | 18 EXEMPT ENTITIES - SEE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | CONCORD | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | 501(C)3 | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | VARIOUS - SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $49,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $49,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,157 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12,265 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $46,521 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,044 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $74,943 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,044 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $75,987 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN PREPARATION | CategoryTxt |
| Amt | $1,315 | Amt |
| Net Investment Income | $658 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $657 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $165,714 | EOYBookValueAmt |
| EOYFMV | $161,808 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITY SECURITIES | StockNm |
| EOY Book Value | $598,830 | EOYBookValueAmt |
| EOYFMV | $715,286 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $148,776 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $148,343 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $52,017 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $53,162 | StateLocalSecEOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MUNI BOND PURCH AT PREMIUM - N/D LOSS | Desc |
| Amt | $1,038 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| STATE OF NH ANNUAL CHARITABLE | $75 | $75 | |
| BANK FEES | $20 | $20 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISOR FEE - MCSB | CategoryTxt |
| Amt | $11,539 | Amt |
| Net Investment Income | $11,539 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL EXCISE TAXES PAID | $2,664 | $2,664 |
| FEDERAL EXCISE TAX ESTIMATE PAID | $3,760 | $3,760 |