KAMERON TY WALLACE MEMORIAL SCHOLARSHIP FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
KAMERON TY WALLACE MEMORIAL SCHOLARSHIP FOUNDATION (EIN 84-4065953)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-03-27
IRS object ID
202340869349100419
Schema version
2022v5.0
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)
Return2023-03-27T12:54:03-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN421130301PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WELGAARD CPAS AND ADVISORSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1916 W 16TH STAddressLine1Txt
CityPELLACityNm
State AbbreviationIAStateAbbreviationCd
ZIP502197918ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN844065953EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KAMERON TY WALLACE MEMORIAL SCHOLARBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKAMEBusinessNameControlTxt
Phone6605414157PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14528 STATE HIGHWAY OAddressLine1Txt
CitySTANBERRYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64489ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTRESTON WALLACEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6605414157PhoneNum
Signature2023-03-24SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTRESTONPersonFirstNm
Person LastWALLACEPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJERRY L UITERMARKT CPAPreparerPersonNm
PTINP00164025PTIN
Phone6416284521PhoneNum
Preparation2023-03-24PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$67,063FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$7InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$7InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$1,444DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,444DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$282NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$10,390GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$390CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,169TotalRevAndExpnssAmt
Total Net Invst Incm$1,841TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,025AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,025AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$211TaxesRevAndExpnssAmt
Taxes Net Invst Incm$211TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$20OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$20OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,256TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,256TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$11,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$11,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$12,256TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,256TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$11,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$11,087ExcessRevenueOverExpensesAmt
Net Investment Income$585NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$77,433SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$66,346SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$67,063SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$77,433TotalAssetsBOYAmt
Total Assets EOY$66,346TotalAssetsEOYAmt
Total Assets EOYFMV$67,063TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$77,433NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$66,346NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$77,433TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$66,346TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$77,433TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$66,346TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$77,433TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$11,087ExcessRevenueOverExpensesAmt
Subtotal$66,346SubtotalAmt
Tot Net Ast Or Fund Balances EOY$66,346TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$390CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$8InvestmentIncomeExciseTaxAmt
Subtotal$8SubtotalAmt
Tax Based On Investment Income$8TaxBasedOnInvestmentIncomeAmt
Tax Due$8TaxDueAmt

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
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMOOrgReportOrRegisterStateCd
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
Individual With BooksLINDA B HOCUMBRINKIndividualWithBooksNm
Phone8163646677PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14528 STATE HWY OAddressLine1Txt
CitySTANBERRYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64489ZIPCd
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
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
TRESTON WALLACE
4528 STATE HWY OSTANBERRYMO64489TRUSTEE000.00$0$0$0
TAMMY WALLACE
4528 STATE HWY OSTANBERRYMO64489TRUSTEE000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$78,455AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,582AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$80,037TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$80,037AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,201CashDeemedCharitableAmt
Net Vl Noncharitable Assets$78,836NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,942MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,942MinimumInvestmentReturnAmt
Tax Based On Investment Income$8TaxBasedOnInvestmentIncomeAmt
Total Tax$8TotalTaxAmt
Distributable Before Adj$3,934DistributableBeforeAdjAmt
Distributable Before Ded$3,934DistributableBeforeDedAmt
Distributable As Adjusted$3,934DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$11,000ExpensesAndContributionsAmt
Qualifying Distributions$11,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,934DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2$7,649ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,763ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$9,412TotalExcessDistributionCyovAmt
Qualifying Distributions$11,000QualifyingDistributionsAmt
Applied To Current Year$3,934AppliedToCurrentYearAmt
Remaining Distri From Corpus$7,066RemainingDistriFromCorpusAmt
Total Corpus$16,478TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$16,478ExcessDistriCyovToNextYrAmt
Excess From Year2$7,649ExcessFromYear2Amt
Excess From Year1$1,763ExcessFromYear1Amt
Excess From Current Year$7,066ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonTRESTON TAMMY WALLACERecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line14528 STATE HWY OAddressLine1Txt
CitySTANBERRYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64489ZIPCd
FieldValueIRS element (for citing)
Recipient Phone6605414157RecipientPhoneNum
Recipient Email AddressTLWX2@HOTMAIL.COMRecipientEmailAddressTxt
Form And Info And MaterialsPREFERENCE WILL BE GIVEN TO STUDENTS WHO GRADUATE FROM STANBERRY R-LL HIGH SCHOOL, OR SUCCESSOR SCHOOL DISTRICT IN GENTRY COUNTY, MISSOURI; WERE ACTIVE IN EXTRACURRICULAR ACTIVITIES THROUGHOUT THEIR HIGH SCHOOL CAREER; EXPRESS AN INTEREST IN FARMING OR HAVE WORKED ON A FARM; AND DISPLAY THE CHARACTERISTICS THAT KAMERON TY WALLACE DISPLAYED DURING HIS LIFE, SUCH AS PERSEVERANCE, DETERMINATION, LEADERSHIP, HARD-WORK, AND THE ABILITY TO MOTIVATE OTHERS TO BE THEIR BEST.FormAndInfoAndMaterialsTxt
Restrictions On AwardsAPPLICANTS MUST BE GRADUATING STUDENTS FROM A HIGH SCHOOL IN NORTHWEST MISSOURI. SCHOLARSHIPS WILL BE AWARDED ON A ONE-TIME BASIS AND ARE NOT ELIGIBLE FOR RENEWAL.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ASTASIA BROWN
620 N WILLOW STSTANBERRYMO64489SCHOLARSHIP$1,000
LANDON MARTICKE
3796 US 169STANBERRYMO64489SCHOLARSHIP$1,000
ETHAN OLDHAM
413 HILL LINE DRIVESTANBERRYMO64489SCHOLARSHIP$1,000
TYLER SCHWEBACH
319 E 1ST STSTANBERRYMO64489SCHOLARSHIP$1,000
LEXI CRAIG
3029 STATE HWY FSTANBERRYMO64489SCHOLARSHIP$1,000
TARYNN MATTSON
3328 470 RDSTANBERRYMO64489SCHOLARSHIP$1,000
SADIE RUNDE
4295 245TH STREETRAVENWOODMO64479SCHOLARSHIP$1,000
BAILEY WALLACE
711 N ALANTHUS AVESTANBERRYMO64489SCHOLARSHIP$1,000
KORBIN FLETCHALL
3450 STATE HWY WSTANBERRRYMO64489SCHOLARSHIP$1,000
BENJAMIN MESSNER
3449 470TH ROADSTANBERRYMO64489SCHOLARSHIP$1,000
AUSTIN SCHWEBACH
319 E 1ST STSTANBERRYMO64489SCHOLARSHIP$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$11,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,444ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion-$117ExclusionAmt
Related Or Exempt Function Incm-$165RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,334ExclusionAmt
Related Or Exempt Function Incm-$165RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,169TotalIncomeProducingActyAmt

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)
CategoryACCOUNTINGCategoryTxt
Amt$1,025Amt
Net Investment Income$1,025NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
MAINSTAY MACKAY HIGH YIELD BOND2021-03PURCHASE2022-04$9,000$9,507-$507
MAINSTAY EPOCH CAPITAL GROWTH FD2021-03PURCHASE2022-04$1,000$1,165-$165

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK CHARGES$20$20

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAXESCategoryTxt
Amt$211Amt
Net Investment Income$211NetInvestmentIncomeAmt

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