BETA

MCH FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
MCH FOUNDATION (EIN 81-3586325)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-07-01
IRS object ID
202041839349100504
Schema version
2019v5.0
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)
Return2020-07-01T08:08:39-07:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

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 Begin2019-01-01TaxPeriodBeginDt

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
Signature2020-06-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM W ARROWOODPreparerPersonNm
PTINP01046791PTIN
Phone7048611420PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$5,731,738FMVAssetsEOYAmt
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$148,937DividendsRevAndExpnssAmt
Dividends Net Invst Incm$148,937DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$110,588NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,423,725GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$110,588CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$259,525TotalRevAndExpnssAmt
Total Net Invst Incm$259,525TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$2,000LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$2,000LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$12,511OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$12,511OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$14,511TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$12,511TotOprExpensesNetInvstIncmAmt
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$289,511TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$12,511TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$277,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$29,986ExcessRevenueOverExpensesAmt
Net Investment Income$247,014NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$179,185SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$114,831SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$114,831SavAndTempCashInvstEOYFMVAmt
US Government Obligations EOY$111,042USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$110,691USGovtObligationsEOYFMVAmt
Corporate Stock BOY$3,706,244CorporateStockBOYAmt
Corporate Stock EOY$3,595,134CorporateStockEOYAmt
Corporate Stock EOYFMV$4,403,730CorporateStockEOYFMVAmt
Corporate Bonds BOY$1,043,979CorporateBondsBOYAmt
Corporate Bonds EOY$1,078,414CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,102,486CorporateBondsEOYFMVAmt
Other Assets EOY$1OtherAssetsEOYAmt
Total Assets BOY$4,929,408TotalAssetsBOYAmt
Total Assets EOY$4,899,422TotalAssetsEOYAmt
Total Assets EOYFMV$5,731,738TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$4,929,408CapitalStockBOYAmt
Capital Stock EOY$4,899,422CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$4,929,408TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,899,422TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,929,408TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,899,422TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,929,408TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$29,986ExcessRevenueOverExpensesAmt
Subtotal$4,899,422SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,899,422TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyMARKETABLE SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2018-01-01AcquiredDt
Sold2019-12-31SoldDt
Gross Sales Price$1,423,725GrossSalesPriceAmt
Cost Or Other Basis$1,313,137CostOrOtherBasisAmt
Gain Or Loss$110,588GainOrLossAmt
Gains Minus Excess Or Losses$110,588GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$110,588CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$277,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$5,517,674NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.05020DistributionYr1Rt
Adjusted Qlfy Distri Yr2$250,306AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$5,323,749NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.04702DistributionYr2Rt
Adjusted Qlfy Distri Yr3$25,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$406,510NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.06150DistributionYr3Rt
Total Distribution0.158718TotalDistributionRt
Average Distribution0.052906AverageDistributionRt
Net Vl Noncharitable Assets$5,443,019NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$287,968AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$2,470NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$290,438AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$277,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$4,940InvestmentIncomeExciseTaxAmt
Subtotal$4,940SubtotalAmt
Tax Based On Investment Income$4,940TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$7,834EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$7,834TotalPaymentsAndCreditsAmt
Overpayment$2,894OverpaymentAmt
Applied To ES Tax$2,894AppliedToESTaxAmt

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$5,430,000AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$95,908AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,525,908TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$5,525,908AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$82,889CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,443,019NetVlNoncharitableAssetsAmt
Minimum Investment Return$272,151MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$272,151MinimumInvestmentReturnAmt
Tax Based On Investment Income$4,940TaxBasedOnInvestmentIncomeAmt
Total Tax$4,940TotalTaxAmt
Distributable Before Adj$267,211DistributableBeforeAdjAmt
Distributable Before Ded$267,211DistributableBeforeDedAmt
Distributable As Adjusted$267,211DistributableAsAdjustedAmt

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$267,211DistributableAsAdjustedAmt
Undistributed Income PY$100UndistributedIncomePYAmt
Qualifying Distributions$277,000QualifyingDistributionsAmt
Applied To Year1$100AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$267,211AppliedToCurrentYearAmt
Remaining Distri From Corpus$9,689RemainingDistriFromCorpusAmt
Total Corpus$9,689TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$9,689ExcessDistriCyovToNextYrAmt
Excess From Current Year$9,689ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
GASTON DAY SCHOOL
2001 GASTON DAY SCHOOL ROADGASTONIANC28056NONEPCGENERAL EDUCATIONAL MISSION OF THE SCHOOL$50,000
GASTON COUNTY FAMILY YMCA
2221 ROBINWOOD RDGASTONIANC28054NONEPCCAPITAL PROGRAM$100,000
EAGLE HILL SCHOOL
214 MAIN STREETSOUTHPORTCT06490NONEPCGENERAL EDUCATION MISSION OF THE SCHOOL$25,000
KIAWAH CARES FOUNDATION
23 BEACHWALKER DRIVEKIAWAH ISLANDSC29455NONEPCGENERAL MISSION OF THE ORGANIZATION$100,000
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$148,937ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$110,588ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$259,525ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$259,525TotalIncomeProducingActyAmt

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$541,925$549,690
JPM CORE BOND-R6$384,105$396,205
METROPOLITAN WEST T/R BD-PLN$103,112$107,423
DODGE & COX INCOME FD
SIX CIRCLES ULTRA SHORT DURATION$49,272$49,168
VANGUARD SHORT-TERM BOND ETF

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (16 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ISHARES CORE S&P 500 ETF$1,490,979$2,115,929
AMG MANAGERS PICTET INTERNATIONAL
ARTISAN INTERNATIONAL FD-ADV
CAUSEWAY INTERNATL VAL-INST
JPM GL RES ENH IDX FD - USD - R6$352,073$391,436
LOOMIS SAYLES GROWTH-N2
ISHARES MSCI EAFE INTL-K$617,182$691,189
BROWN ADV JAPAN ALPHA OPP-IS
FIDELITY 500 INDEX FD-AI
SIX CIRCLES US UNCONSTRAINED$517,424$564,592
JPMORGAN BETABUILDERS CANADA ETF$164,652$176,374
SIX CIRCLES INTERNATIONAL$274,233$278,640
ISHARES INC MSCI JAPAN NEW$58,507$54,086
ISHARES CORE MSCI EAFE ETF$69,051$75,091
JP MORGAN BETABUILDERS JAPAN$51,033$56,393
DIAMOND HILL LARGE CAP FD-1

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$111,042USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$110,691USGovtObligationsEOYFMVAmt

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 Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescRoundingDesc
EOY Book Value$1EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$12,511Amt
Net Investment Income$12,511NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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