BETA

CAPE COD SCHOLARSHIP INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CAPE COD SCHOLARSHIP INC (EIN 04-3584321)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-08
IRS object ID
202441299349300929
Schema version
2023v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-08T09:28:45-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042917204PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ANSTISS & CO PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16 OMNI WAY STE 201AddressLine1Txt
CityCHELMSFORDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP018244187ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043584321EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAPE COD SCHOLARSHIPS INCBusinessNameLine1Txt
Business Name Line2C/O CAPE COD FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCAPEBusinessNameControlTxt
Phone5087903040PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1261 WHITES PATH UNIT 2AddressLine1Txt
CitySOUTH YARMOUTHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02664ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID W FOSTER JRPersonNm
Person TitleCHAIRPersonTitleTxt
Phone5087903040PhoneNum
Signature2024-04-26SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDAVID WPersonFirstNm
Person LastFOSTER JRPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAYNE A ANDREWSPreparerPersonNm
PTINP00514653PTIN
Phone9784522500PhoneNum
Preparation2024-04-26PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID W FOSTER JRPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1261 WHITES PATH UNIT 2AddressLine1Txt
CitySOUTH YARMOUTHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02664ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,506,333GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CAPECODASSOC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1902FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO PROVIDE SCHOLARSHIP MONEY FOR CONTINUING EDUCATION TO STUDENTS FROM CAPE COD MASSACHUSETTS.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,485PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$768,297PYInvestmentIncomeAmt
CY Investment Income$476,131CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$769,782PYTotalRevenueAmt
CY Total Revenue$476,131CYTotalRevenueAmt
PY Grants And Similar Paid$542,250PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$490,750CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$188,993PYOtherExpensesAmt
CY Other Expenses$222,679CYOtherExpensesAmt
PY Total Expenses$731,243PYTotalExpensesAmt
CY Total Expenses$713,429CYTotalExpensesAmt
PY Revenues Less Expenses$38,539PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$237,298CYRevenuesLessExpensesAmt
Total Assets BOY$12,222,079TotalAssetsBOYAmt
Total Assets EOY$13,453,575TotalAssetsEOYAmt
Total Liabilities BOY$24,788TotalLiabilitiesBOYAmt
Total Liabilities EOY$11,900TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$12,197,291NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$13,441,675NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE SCHOLARSHIP MONEY FOR CONTINUING EDUCATION TO STUDENTS FROM CAPE COD MASSACHUSETTS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$713,429ExpenseAmt
Grant$490,750GrantAmt
DescGRANT PROGRAM ENABLES THE DISTRIBUTION OF SCHOLARSHIPS TO STUDENTS FROM CAPE COD MASSACHUSETTS.Desc
Total Program Service Expenses$713,429TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAPE COD FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5087903040PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1261 WHITES PATH UNIT 2AddressLine1Txt
CitySOUTH YARMOUTHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02664ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ALAN CHACE
TREASURER5.00Yes (X)Yes (X)$0$0$0
JOHN FULONE
FORMER TREAS2.00Yes (X)Yes (X)$0$0$0
SHERRY GREENE-STARR
SCHOLARSHIP2.00Yes (X)Yes (X)$0$0$0
SARAH HELWIG
CLERK2.00Yes (X)Yes (X)$0$0$0
DAVID W FOSTER JR
CHAIR5.00Yes (X)Yes (X)$0$0$0
NANCY S LOWERY
VICE PRESIDE2.00Yes (X)Yes (X)$0$0$0
PATRICIA MAGUIRE MESERVEY
CCF LIAISON2.00Yes (X)$0$0$0
LARRY THAYER
DIRECTOR2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MORGAN STANLEY & CO INCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1222 ROSEWOOD DRAddressLine1Txt
CityDANVERSCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02653ZIPCd
FieldValueIRS element (for citing)
ServicesINVEST MGMT FEEServicesDesc
Compensation$139,489CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$343,632TotalRevenueColumnAmt
Exclusion$343,632ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,162,701SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,030,202SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$132,499SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$132,499TotalRevenueColumnAmt
Exclusion$132,499ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$476,131TotalRevenueColumnAmt
Exclusion$476,131ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$490,750TotalAmt
Program Services$490,750ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$82,980TotalAmt
Program Services$82,980ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$139,489TotalAmt
Program Services$139,489ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$40TotalAmt
Program Services$40ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHER PROJECT SPECIFIC CODesc
Total$170TotalAmt
Program Services$170ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$713,429TotalAmt
Program Services$713,429ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,800BOYAmt
EOY$9,867EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$12,214,279BOYAmt
EOY$13,443,708EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,222,079BOYAmt
EOY$13,453,575EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$15,388BOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$9,400BOYAmt
EOY$11,900EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,788BOYAmt
EOY$11,900EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$15,389EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$12,197,291BOYAmt
EOY$13,426,286EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,197,291BOYAmt
EOY$13,441,675EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,222,079BOYAmt
EOY$13,453,575EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$237,298ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,466,293NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$15,389OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CAPE COD FOUNDATION INCBusinessNameLine1Txt
Business Name Line2CAPE COD FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
EIN510140462EIN
Organization Type7OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$490,920SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$490,920SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided DocumentsYes (true)TimelyProvidedDocumentsInd
Officers Close RelationshipYes (true)OfficersCloseRelationshipInd
Supported Org Voice InvestmentfalseSupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Activities TestYes (X)ActivitiesTestInd
Activities Further Exempt PrpsYes (true)ActivitiesFurtherExemptPrpsInd
Activities Engaged Org InvlmntYes (true)ActivitiesEngagedOrgInvlmntInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, SECTION E, LINE 2ACAPE COD FOUNDATION'S MISSION IS TO BUILD PERMANENT CHARITABLE RESOURCES FOR COMMUNITY BETTERMENT THROUGH INFORMED GRANT MAKING, INCLUDING SCHOLARSHIPS, AND CIVIC LEADERSHIP. THE ACTIVITIES OF CAPE COD SCHOLARSHIPS, INC. SUPPORT THIS MISSION THROUGH DISTRIBUTION OF SCHOLARSHIPS FROM ITS ENDOWMENT.
PART IV, SECTION E, LINE 2BTHE CAPE COD FOUNDATION'S MISSION IS TO BUILD PERMANENT CHARITABLE RESOURCES FOR COMMUNITY BETTERMENT THROUGH INFORMED GRANT MAKING, INCLUDING SCHOLARSHIPS, AND CIVIC LEADERSHIP. THE CAPE COD FOUNDATION HAS ADDITIONAL FUNDS FROM WHICH IT DISTRIBUTES SCHOLARSHIPS.

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$12,197,291BeginningYearBalanceAmt
Contributions$24ContributionsAmt
Investment Earnings Or Losses$1,802,936InvestmentEarningsOrLossesAmt
Grants Or Scholarships$573,940GrantsOrScholarshipsAmt
Other Expenditures-$15,387OtherExpendituresAmt
End Year Balance$13,441,698EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$15,915,452BeginningYearBalanceAmt
Contributions$3,500ContributionsAmt
Investment Earnings Or Losses-$3,094,251InvestmentEarningsOrLossesAmt
Grants Or Scholarships$627,386GrantsOrScholarshipsAmt
Other Expenditures$24OtherExpendituresAmt
End Year Balance$12,197,291EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$14,480,113BeginningYearBalanceAmt
Contributions$25ContributionsAmt
Investment Earnings Or Losses$1,963,224InvestmentEarningsOrLossesAmt
Grants Or Scholarships$469,500GrantsOrScholarshipsAmt
Other Expenditures$58,410OtherExpendituresAmt
End Year Balance$15,915,452EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,377,563BeginningYearBalanceAmt
Investment Earnings Or Losses$1,598,517InvestmentEarningsOrLossesAmt
Grants Or Scholarships$437,696GrantsOrScholarshipsAmt
Other Expenditures$58,271OtherExpendituresAmt
End Year Balance$14,480,113EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,379,466BeginningYearBalanceAmt
Investment Earnings Or Losses$2,501,581InvestmentEarningsOrLossesAmt
Grants Or Scholarships$443,445GrantsOrScholarshipsAmt
Other Expenditures$60,039OtherExpendituresAmt
End Year Balance$13,377,563EndYearBalanceAmt
FieldValueIRS element (for citing)
Term Endowment Balance EOY1.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (true)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (true)RelatedOrgListSchRInd
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$27,576,911TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,466,293NetUnrealizedGainsInvstAmt
Other Revenue$25,773,976OtherRevenueAmt
Revenue Not Reported$27,240,269RevenueNotReportedAmt
Revenue Subtotal$336,642RevenueSubtotalAmt
Investment Expenses Not Incld$139,489InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$139,489RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$476,131TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,262,221TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$7,688,281OtherExpensesIncludedAmt
Expenses Not Reported$7,688,281ExpensesNotReportedAmt
Expenses Subtotal$573,940ExpensesSubtotalAmt
Investment Expenses Not Incld2$139,489InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$139,489ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$713,429TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 2, PART V, LINE 4TO PROVIDE SCHOLARSHIP MONEY FOR CONTINUING EDUCATION TO STUDENTS FROM CAPE COD MASSACHUSETTS.
SCHEDULE D, PAGE 3, PART XTHE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX-EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE IRC. THEREFORE, IT IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," REQUIRES THE FOUNDATION TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD INFLUENCE THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO REVIEW BY TAXING AUTHORITIES FOR PERIODS PRIOR TO 2021. SUBSTANTIALLY ALL THE FOUNDATION'S INCOME, EXPENDITURES, AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT DETERMINED THAT THE FOUNDATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT- FOR-PROFIT ENTITY.
SCHEDULE D, PAGE 4, PART XI, LINE 2DSUPPORTED ORGANIZATION'S REVENUE - CAPE COD FOUNDATION, IN 25,773,976
SCHEDULE D, PAGE 4, PART XII, LINE 2DSUPPORTED ORGANIZATION'S EXPENSES - CAPE COD FOUNDATION 7,688,281

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS FOR TUITIONGrantTypeTxt
Cash Grant$490,750CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationSCHOLARSHIP CHECKS ARE ISSUED DIRECTLY TO THE SCHOOLS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BTHE POLICY OF CAPE COD SCHOLARSHIPS IS TO HAVE THE DRAFT OF THE FORM 990 REVIEWED BY THE BOARD PRESIDENT AND TREASURER PRIOR TO THE REVIEW BY THE BOARD OF DIRECTORS. A COPY OF THE FORM IS THEN SENT TO EACH BOARD MEMBER (BY U.S. MAIL OR EMAIL) FOR REVIEW AND COMMENT BEFORE FILING.
FORM 990, PAGE 6, PART VI, LINE 12CEACH YEAR A FORM IS DISTRIBUTED, COMPLETED, AND REVIEWED DISCLOSING ANY POSSIBLE CONFLICTS OF INTERESTS.
FORM 990, PAGE 6, PART VI, LINE 18THE ORGANIZATION'S FORM 1023, CONSOLIDATED FINANCIAL STATEMENTS AND 990 ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC ON REQUEST.
FORM 990, PART XI, LINE 9BEGINNING BALANCE ADJUSTMENT 15,389

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CAPE COD FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1261 WHITES PATH UNIT 2AddressLine1Txt
CitySOUTH YARMOUTHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02664ZIPCd
FieldValueIRS element (for citing)
EIN510140462EIN
Primary ActivitiesIMPROVE THPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Exempt Code Section501C3ExemptCodeSectionTxt
Public Charity Status7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1CAPE COD FBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CAPE COD FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeMTransactionTypeTxt
Involved$82,980InvolvedAmt
Method Of Amount DeterminationFEE FOR SERVICE CONTRACTMethodOfAmountDeterminationTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE RFormAndLineReferenceDesc
ExplanationPART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATION: NAME OF RELATED ORGANIZATION: CAPE COD FOUNDATION, INC. PRIMARY ACTIVITY: IMPROVE THE QUALITY OF LIFE IN THE TOWNS THAT MAKE UP CAPE COD MASSACHUSETTS.ExplanationTxt

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