BETA

MCH FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MCH FOUNDATION (EIN 81-3586325)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-10
IRS object ID
202441319349100314
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)
Return2024-05-10T05:17:46-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561678619PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Arrowood & Associates PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11546A Union RoadAddressLine1Txt
CityGastoniaCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28054ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN813586325EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MCH FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMCHFBusinessNameControlTxt
Phone7048745105PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1531 COTTON BLOSSOM CIRCLEAddressLine1Txt
CityGASTONIACityNm
State AbbreviationNCStateAbbreviationCd
ZIP28054ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJULIA B SINGHPersonNm
Person TitlePresidentPersonTitleTxt
Signature2024-05-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJULIA BPersonFirstNm
Person LastSINGHPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM W ARROWOODPreparerPersonNm
PTINP01046791PTIN
Phone7048611420PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$10,894,852FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$260,691DividendsRevAndExpnssAmt
Dividends Net Invst Incm$260,691DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$447,419NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,791,974GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$447,419CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$708,110TotalRevAndExpnssAmt
Total Net Invst Incm$708,110TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$2,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$2,000CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$5,300AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$5,300AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$25,607OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$25,607OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$32,907TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$25,607TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$7,300TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$465,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$465,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$497,907TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$25,607TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$472,300TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$210,203ExcessRevenueOverExpensesAmt
Net Investment Income$682,503NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$190,479SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$163,566SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$163,566SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$4,532,090CorporateStockBOYAmt
Corporate Stock EOY$4,570,355CorporateStockEOYAmt
Corporate Stock EOYFMV$8,141,073CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,444,272CorporateBondsBOYAmt
Corporate Bonds EOY$2,643,123CorporateBondsEOYAmt
Corporate Bonds EOYFMV$2,486,969CorporateBondsEOYFMVAmt
Mortgage Loans BOY$119,283MortgageLoansBOYAmt
Mortgage Loans EOY$119,283MortgageLoansEOYAmt
Mortgage Loans EOYFMV$103,244MortgageLoansEOYFMVAmt
Total Assets BOY$7,286,124TotalAssetsBOYAmt
Total Assets EOY$7,496,327TotalAssetsEOYAmt
Total Assets EOYFMV$10,894,852TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$7,286,124CapitalStockBOYAmt
Capital Stock EOY$7,496,327CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$7,286,124TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,496,327TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,286,124TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,496,327TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,286,124TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$210,203ExcessRevenueOverExpensesAmt
Subtotal$7,496,327SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,496,327TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyMARKETABLE SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2000-01-01AcquiredDt
Sold2023-12-31SoldDt
Gross Sales Price$1,791,974GrossSalesPriceAmt
Cost Or Other Basis$1,344,555CostOrOtherBasisAmt
Gain Or Loss$447,419GainOrLossAmt
Gains Minus Excess Or Losses$447,419GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$447,419CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$9,487InvestmentIncomeExciseTaxAmt
Subtotal$9,487SubtotalAmt
Tax Based On Investment Income$9,487TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$24,663EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$24,663TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$15,176OverpaymentAmt
Applied To ES Tax$15,176AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNCOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JULIA SINGHBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7048745105PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1531 COTTON BLOSSOM CIRCLEAddressLine1Txt
CityGASTONIACityNm
State AbbreviationNCStateAbbreviationCd
ZIP28054ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
SHEPARD K HALSCH
2 JUNIPER ROADDARIENCT06820Chairman5.00$0
THOMAS M HALSCH
2 JUNIPER ROADDARIENCT06820Vice President5.00$0
PAMELA K WARLICK
PO DRAWER 1787GASTONIANC28053Vice President5.00$0
JULIA B SINGH
PO DRAWER 1787GASTONIANC28053President5.00$2,000
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$10,211,731AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$173,300AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$10,385,031TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$10,385,031AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$155,775CashDeemedCharitableAmt
Net Vl Noncharitable Assets$10,229,256NetVlNoncharitableAssetsAmt
Minimum Investment Return$511,463MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$511,463MinimumInvestmentReturnAmt
Tax Based On Investment Income$9,487TaxBasedOnInvestmentIncomeAmt
Total Tax$9,487TotalTaxAmt
Distributable Before Adj$501,976DistributableBeforeAdjAmt
Distributable Before Ded$501,976DistributableBeforeDedAmt
Distributable As Adjusted$501,976DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$472,300ExpensesAndContributionsAmt
Qualifying Distributions$472,300QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$501,976DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$54,814ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$54,814TotalExcessDistributionCyovAmt
Qualifying Distributions$472,300QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$472,300AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$29,676ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$29,676ExcessDistributionCyovAppCYAmt
Total Corpus$25,138TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$25,138ExcessDistriCyovToNextYrAmt
Excess From Year2$25,138ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerSHEPARD K HALSCHContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
EAGLE HILL SCHOOL
214 MAIN STREETSOUTHPORTCT06490NONEPCGENERAL EDUCATION MISSION OF THE SCHOOL$240,000
DANITA'S CHILDREN
PO BOX 280750NASHVILLETN37228NONEPCGENERAL TAX EXEMPT PURPOSE$75,000
KIAWAH CARES FOUNDATION
23 BEACHWALKER DRIVEKIAWAH ISLANDSC29455NONEPCGENERAL TAX EXEMPT PURPOSE$100,000
JOHN'S ISLAND PRESBYTERIAN CHURCH
2550 BOHICKET RDJOHNS ISLANDSC29455NONEPCTAX EXEMPT RELIGIOUS ACTIVITY OF THE CHURCH$25,000
OUR LADY OF MERCY COMMUNITY OUTREAC
1684 BROWNSWOOD RDJOHNS ISLANDSC29457NONEPCPROVIDE BASIC AND EMERGENCY RESOURCES TO ECONOMICALLY DISTRESSED RESIDENTS OF THE COMMUNITY$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$465,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$260,691ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$447,419ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$708,110ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$708,110TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$5,300Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$5,300DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (6 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
VANGUARD TOTAL INTL BND-ADM$125,298$113,604
SIX CIRCLES GLOBAL BOND$956,764$860,258
SIX CIRCLES CREDIT OPPORT$220,637$216,790
VANGUARD TOTAL BOND MARKET$349,414$326,783
VANGUARD TOTAL INTL BOND ETF$676,544$644,658
VANGUARD INT-TERM CORPORATE$314,466$324,876

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISHARES MSCI EAFE INTL-K$296,944$377,026
SIX CIRCLES US UNCONSTRAINED$1,315,759$1,511,255
JPMORGAN BETABUILDERS CANADA ETF$233,925$280,076
SIX CIRCLES INTL UNCON EQ$927,965$965,172
JP MORGAN BETABUILDERS JAPAN$362,789$373,890
JP MORGAN BTABLDRS DEV ASIA X-JPN$227,790$217,993
SPDR S&P 500 ETF TRUST$932,867$4,125,691
FIDELITY 500 INDEX FUND$65,021$66,553
JPMORGAN BETABUILDERS EUROPE ETF$207,295$223,417

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$25,607Amt
Net Investment Income$25,607NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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