BETA

MCH FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
MCH FOUNDATION (EIN 81-3586325)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-12
IRS object ID
202101329349102805
Schema version
2020v4.0
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)
Return2021-05-12T13:09:43-07:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

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 Begin2020-01-01TaxPeriodBeginDt

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
Signature2021-05-11SignatureDt
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

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)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,214,620FMVAssetsEOYAmt
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$116,363DividendsRevAndExpnssAmt
Dividends Net Invst Incm$116,363DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$89,802NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,260,437GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$89,802CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$206,165TotalRevAndExpnssAmt
Total Net Invst Incm$206,165TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$2,000LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$2,000LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$13,184OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$13,184OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$2,306TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$17,490TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$13,184TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,000TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$275,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$275,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$292,490TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$13,184TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$277,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$86,325ExcessRevenueOverExpensesAmt
Net Investment Income$192,981NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$114,831SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$133,745SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$133,745SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$111,043USGovernmentObligationsBOYAmt
US Government Obligations EOY$112,421USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$113,881USGovtObligationsEOYFMVAmt
Corporate Stock BOY$3,595,134CorporateStockBOYAmt
Corporate Stock EOY$3,340,363CorporateStockEOYAmt
Corporate Stock EOYFMV$4,676,908CorporateStockEOYFMVAmt
Corporate Bonds BOY$1,078,414CorporateBondsBOYAmt
Corporate Bonds EOY$1,168,914CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,232,447CorporateBondsEOYFMVAmt
Mortgage Loans EOY$57,654MortgageLoansEOYAmt
Mortgage Loans EOYFMV$57,639MortgageLoansEOYFMVAmt
Total Assets BOY$4,899,422TotalAssetsBOYAmt
Total Assets EOY$4,813,097TotalAssetsEOYAmt
Total Assets EOYFMV$6,214,620TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$4,899,422CapitalStockBOYAmt
Capital Stock EOY$4,813,097CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$4,899,422TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,813,097TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,899,422TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,813,097TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,899,422TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$86,325ExcessRevenueOverExpensesAmt
Subtotal$4,813,097SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,813,097TotNetAstOrFundBalancesEOYAmt

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 SECURITIESP2000-01-012020-12-31$2,238,571$2,170,635$67,936$67,936
Capital Gain Dividends$21,866
FieldValueIRS element (for citing)
Capital Gain Net Income$89,802CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,682InvestmentIncomeExciseTaxAmt
Subtotal$2,682SubtotalAmt
Tax Based On Investment Income$2,682TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$5,198EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$5,198TotalPaymentsAndCreditsAmt
Overpayment$2,516OverpaymentAmt
Applied To ES Tax$2,516AppliedToESTaxAmt

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$0
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$5,563,173AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$72,960AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,636,133TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$5,636,133AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$84,542CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,551,591NetVlNoncharitableAssetsAmt
Minimum Investment Return$277,580MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$277,580MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,682TaxBasedOnInvestmentIncomeAmt
Total Tax$2,682TotalTaxAmt
Distributable Before Adj$274,898DistributableBeforeAdjAmt
Distributable Before Ded$274,898DistributableBeforeDedAmt
Distributable As Adjusted$274,898DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$277,000ExpensesAndContributionsAmt
Qualifying Distributions$277,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$277,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$274,898DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$9,689ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$9,689TotalExcessDistributionCyovAmt
Qualifying Distributions$277,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$274,898AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,102RemainingDistriFromCorpusAmt
Total Corpus$11,791TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$11,791ExcessDistriCyovToNextYrAmt
Excess From Year1$9,689ExcessFromYear1Amt
Excess From Current Year$2,102ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 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$250,000
TABERNACLE BAPTIST CHURCH
519 W 19TH AVEGASTONIANC28052NONEPCEXEMPT RELIGIOUS PROGRAMS OF THE CHURCH MINISTRY$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$275,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$116,363ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$89,802ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$206,165ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$206,165TotalIncomeProducingActyAmt

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

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (6 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
VANGUARD TOTAL INTL BND-ADM$268,348$288,565
JPM CORE BOND-R6$159,353$171,237
PGIM HIGH YIELD-Q$217,863$246,715
VANGUARD INT-TERM CORPORATE$57,461$58,478
SIX CIRCLES GLOBAL BOND$345,950$346,455
SIX CIRCLES CREDIT OPPORT$119,939$120,997

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISHARES CORE S&P 500 ETF$1,475,491$2,431,776
ISHARES MSCI EAFE INTL-K$330,949$405,836
SIX CIRCLES US UNCONSTRAINED$455,155$600,896
JPMORGAN BETABUILDERS CANADA ETF$164,652$181,934
SIX CIRCLES INTL UNCON EQ$404,975$429,053
JP MORGAN BETABUILDERS JAPAN$152,878$190,008
FIDELITY 500 INDEX-INST PRM$162,433$205,095
JP MORGAN BETABUILDERS EUROPE ETG$26,709$34,269
JP MORGAN BTABLDRS DEV ASIA X-JPN$52,723$69,680
ISHARES CORE MSCI EMERGING$114,398$128,361

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$112,421USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$113,881USGovtObligationsEOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$2,000LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$2,000DisbursementsCharitablePrpsAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$13,184Amt
Net Investment Income$13,184NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAX PAYMENTSCategoryTxt
Amt$2,306Amt

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