WILKERSON SCHOLORSHIP FUND: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
WILKERSON SCHOLORSHIP FUND (EIN 06-1617537)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-09-23
IRS object ID
202002679349100015
Schema version
2019v5.1
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)
Return2020-09-23T10:01:08-00:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Thomas D Rich CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12067 Barnum Avenue Unit DAddressLine1Txt
CityStratfordCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06615ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061617537EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WILKERSON SCHOLARSHIP FUND LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWILKBusinessNameControlTxt
Phone2038533030PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 BELDEN AVENUEAddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06851ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSUSAN RUSSOPersonNm
Person TitleTRUSTEEPersonTitleTxt
Signature2020-09-23SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonThomas D RichPreparerPersonNm
Phone2033751105PhoneNum
Preparation2020-09-23PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address96.57.196.162IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-09-23IPDt
IP Tm16:17:32IPTm
IP TimezoneEDIPTimezoneCd
Federal Original Submission Id0609322020267t18azy9FederalOriginalSubmissionId
Federal Original Submission Id2020-09-23FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdCC3168DDD68B87D6D76CF8162EF9226BE51684BFAtSubmissionCreationDeviceId
At Submission Filing Device IdCC3168DDD68B87D6D76CF8162EF9226BE51684BFAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$601,062FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Interest On Sav Rev And Expnss$568InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$568InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$15,893DividendsRevAndExpnssAmt
Dividends Net Invst Incm$15,893DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$23,094NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$569,922GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss-$6,633TotalRevAndExpnssAmt
Total Net Invst Incm$16,461TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,225AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$614TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$2,158OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,997TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$8,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$8,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$11,997TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$8,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$18,630ExcessRevenueOverExpensesAmt
Net Investment Income$16,461NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$26,677CashBOYAmt
Cash EOY$601,062CashEOYAmt
Cash EOYFMV$601,062CashEOYFMVAmt
Corporate Bonds BOY$593,015CorporateBondsBOYAmt
Total Assets BOY$619,692TotalAssetsBOYAmt
Total Assets EOY$601,062TotalAssetsEOYAmt
Total Assets EOYFMV$601,062TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$619,692RetainedEarningBOYAmt
Retained Earning EOY$601,062RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$619,692TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$601,062TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$619,692TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$601,062TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$619,692TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$18,630ExcessRevenueOverExpensesAmt
Subtotal$601,062SubtotalAmt
Tot Net Ast Or Fund Balances EOY$601,062TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertySecuritiesPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2015-07-01AcquiredDt
Sold2019-07-01SoldDt
Gross Sales Price$569,922GrossSalesPriceAmt
Cost Or Other Basis$593,016CostOrOtherBasisAmt
Gain Or Loss-$23,094GainOrLossAmt
Gains Minus Excess Or Losses-$23,094GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$23,094CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$16,556AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$16,525AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3$11,957AdjustedQlfyDistriYr3Amt
Adjusted Qlfy Distri Yr4$15,836AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5$18,210AdjustedQlfyDistriYr5Amt
Net Investment Income Pct$165NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$165AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$8,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$165InvestmentIncomeExciseTaxAmt
Subtotal$165SubtotalAmt
Tax Based On Investment Income$165TaxBasedOnInvestmentIncomeAmt
Tax Due$165TaxDueAmt

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 StateCTOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrfalseComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksSUSAN RUSSOIndividualWithBooksNm
Phone2038992780PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11 BELDEN AVENUEAddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06851ZIPCd
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
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

FieldValueIRS element (for citing)
PersonSUSAN RUSSOPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111 SILWEN LANEAddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06851ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos001.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE WILKERSON SCHOLARSHIP FUND PROVIDED 19 SCHOLARSHIPS TO LOCAL STUDENTS IN ACCORDANCE WITH THE FUNDS EXEMPT PURPOSE.Description1Txt
Expenses1$0Expenses1Amt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$165TaxBasedOnInvestmentIncomeAmt
Total Tax$165TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$8,000ExpensesAndContributionsAmt
Qualifying Distributions$8,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$165PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$7,835AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$18,500ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$16,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$12,300ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$17,000ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$63,800TotalExcessDistributionCyovAmt
Qualifying Distributions$8,000QualifyingDistributionsAmt
Applied To Current Year$8,000AppliedToCurrentYearAmt
Total Corpus$63,800TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$18,500ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$45,300ExcessDistriCyovToNextYrAmt
Excess From Year4$16,000ExcessFromYear4Amt
Excess From Year3$12,300ExcessFromYear3Amt
Excess From Year2$17,000ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Dejanari Lorthe
110 Common PArk North 558StamfordCT06902Scholarship$1,000
Kyai Belton
28 Keeler AvenueNorwalkCT06854Scholarship$1,000
Devin Baker
25 Chestnut Street Unit 1HNorwalkCT06854Scholarship$1,000
Dayanara Acuna
3 Charles StreetNorwalkCT06855Scholarship$1,000
Jahi Elliott
49 Meadow Street Apt 47NorwalkCT06854Scholarship$1,000
Hannah Colman
4 Fordham DriveNorwalkCT06855Scholarship$1,000
Alexandra Judith Garcia
649 Ellsworth StreetBridgeportCT06605Scholarship$1,000
Jonathan Davita
39 Truman StreetNorwalkCT06854Scholarship$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$8,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$15,893RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$23,094RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$7,201RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$7,201TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number1LineNumberTxt
Relationship StatementN/ARelationshipStatementTxt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryThomas D. Rich, CPACategoryTxt
Amt$1,225Amt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
Management Fees$2,153
Bank Charges$5

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIncome TaxCategoryTxt
Amt$614Amt

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