BETA

MCH FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MCH FOUNDATION (EIN 81-3586325)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-10
IRS object ID
202301309349100010
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)
Return2023-05-10T05:55:01-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Begin2022-01-01TaxPeriodBeginDt

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
Signature2023-05-09SignatureDt
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)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$9,568,484FMVAssetsEOYAmt
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$273,320DividendsRevAndExpnssAmt
Dividends Net Invst Incm$273,320DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$168,893NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,594,464GrossSalesPriceAmt
Total Rev And Expnss$104,427TotalRevAndExpnssAmt
Total Net Invst Incm$273,320TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$2,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$2,000CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,000AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$4,000AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$27,044OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$27,044OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$22,000TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$55,044TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$27,044TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$6,000TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$430,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$430,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$485,044TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$27,044TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$436,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$380,617ExcessRevenueOverExpensesAmt
Net Investment Income$246,276NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$382,355SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$190,479SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$190,479SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$5,058,948CorporateStockBOYAmt
Corporate Stock EOY$4,532,090CorporateStockEOYAmt
Corporate Stock EOYFMV$7,127,643CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,106,155CorporateBondsBOYAmt
Corporate Bonds EOY$2,444,272CorporateBondsEOYAmt
Corporate Bonds EOYFMV$2,148,989CorporateBondsEOYFMVAmt
Mortgage Loans BOY$119,283MortgageLoansBOYAmt
Mortgage Loans EOY$119,283MortgageLoansEOYAmt
Mortgage Loans EOYFMV$101,373MortgageLoansEOYFMVAmt
Total Assets BOY$7,666,741TotalAssetsBOYAmt
Total Assets EOY$7,286,124TotalAssetsEOYAmt
Total Assets EOYFMV$9,568,484TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$7,666,741CapitalStockBOYAmt
Capital Stock EOY$7,286,124CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$7,666,741TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,286,124TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,666,741TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,286,124TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,666,741TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$380,617ExcessRevenueOverExpensesAmt
Subtotal$7,286,124SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,286,124TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MARKETABLE SECURITIESP2000-01-012021-12-31$1,592,094$1,763,357-$171,263-$171,263
Capital Gain Dividends$2,370
FieldValueIRS element (for citing)
Capital Gain Net Income-$168,893CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,423InvestmentIncomeExciseTaxAmt
Subtotal$3,423SubtotalAmt
Tax Based On Investment Income$3,423TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$28,086EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$28,086TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$24,663OverpaymentAmt
Applied To ES Tax$24,663AppliedToESTaxAmt

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$10,232,792AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$146,553AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$10,379,345TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$10,379,345AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$155,690CashDeemedCharitableAmt
Net Vl Noncharitable Assets$10,223,655NetVlNoncharitableAssetsAmt
Minimum Investment Return$511,183MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$511,183MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,423TaxBasedOnInvestmentIncomeAmt
Total Tax$3,423TotalTaxAmt
Distributable Before Adj$507,760DistributableBeforeAdjAmt
Distributable Before Ded$507,760DistributableBeforeDedAmt
Distributable As Adjusted$507,760DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$436,000ExpensesAndContributionsAmt
Qualifying Distributions$436,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$507,760DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$9,689ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,102ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$114,783ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$126,574TotalExcessDistributionCyovAmt
Qualifying Distributions$436,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$436,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$71,760ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$71,760ExcessDistributionCyovAppCYAmt
Total Corpus$54,814TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$54,814ExcessDistriCyovToNextYrAmt
Excess From Year1$54,814ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 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$300,000
DANITA'S CHILDREN
PO BOX 280750NASHVILLETN37228NONEPCGENERAL TAX EXEMPT PURPOSE$50,000
KIAWAH CARES FOUNDATION
23 BEACHWALKER DRIVEKIAWAH ISLANDSC29455NONEPCGENERAL TAX EXEMPT PURPOSE$80,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$430,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$273,320ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$168,893ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$104,427ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$104,427TotalIncomeProducingActyAmt

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$4,000Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$4,000DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (7 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
VANGUARD TOTAL INTL BND-ADM$323,296$292,964
JPM CORE BOND-R6$112,631$99,602
SIX CIRCLES GLOBAL BOND$848,081$707,874
SIX CIRCLES CREDIT OPPORT$310,739$289,227
ISHARES US TREASURY BOND ETF$203,848$187,804
VANGUARD TOTAL BOND MARKET$166,217$144,743
VANGUARD TOTAL INTL BOND ETF$479,460$426,775

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISHARES MSCI EAFE INTL-K$330,949$366,606
SIX CIRCLES US UNCONSTRAINED$1,321,995$1,153,346
JPMORGAN BETABUILDERS CANADA ETF$278,206$287,252
SIX CIRCLES INTL UNCON EQ$927,965$834,986
JP MORGAN BETABUILDERS JAPAN$327,663$289,560
JP MORGAN BTABLDRS DEV ASIA X-JPN$202,943$191,013
SPDR S&P 500 ETF TRUST$1,119,978$3,985,303
FIDELITY INTL INDX-INST PRM$22,391$19,577

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$27,044Amt
Net Investment Income$27,044NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAX PAYMENTSCategoryTxt
Amt$22,000Amt

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