BETA

MCH FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
MCH FOUNDATION (EIN 81-3586325)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-11
IRS object ID
201923159349100202
Schema version
2018v3.1
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)
Return2019-11-11T05:20:27-08:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Begin2018-01-01TaxPeriodBeginDt

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
Signature2019-11-06SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM W ARROWOODPreparerPersonNm
PTINP01046791PTIN
Phone7048611420PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,926,440FMVAssetsEOYAmt
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$132,632DividendsRevAndExpnssAmt
Dividends Net Invst Incm$132,632DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$154,007NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,368,452GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$154,007CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$286,639TotalRevAndExpnssAmt
Total Net Invst Incm$286,639TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$2,000LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$2,000LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$13,057OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$13,057OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$15,057TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$13,057TotOprExpensesNetInvstIncmAmt
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$290,057TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$13,057TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$277,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$3,418ExcessRevenueOverExpensesAmt
Net Investment Income$273,582NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$197,832SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$179,185SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$179,185SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$3,723,418CorporateStockBOYAmt
Corporate Stock EOY$3,706,244CorporateStockEOYAmt
Corporate Stock EOYFMV$3,715,260CorporateStockEOYFMVAmt
Corporate Bonds BOY$1,011,576CorporateBondsBOYAmt
Corporate Bonds EOY$1,043,979CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,031,995CorporateBondsEOYFMVAmt
Total Assets BOY$4,932,826TotalAssetsBOYAmt
Total Assets EOY$4,929,408TotalAssetsEOYAmt
Total Assets EOYFMV$4,926,440TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$4,932,826CapitalStockBOYAmt
Capital Stock EOY$4,929,408CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$4,932,826TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,929,408TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,932,826TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,929,408TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,932,826TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$3,418ExcessRevenueOverExpensesAmt
Subtotal$4,929,408SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,929,408TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyMARKETABLE SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2017-01-01AcquiredDt
Sold2018-12-31SoldDt
Gross Sales Price$1,368,452GrossSalesPriceAmt
Cost Or Other Basis$1,214,445CostOrOtherBasisAmt
Gain Or Loss$154,007GainOrLossAmt
Gains Minus Excess Or Losses$154,007GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$154,007CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$250,306AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$5,323,749NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.04702DistributionYr1Rt
Adjusted Qlfy Distri Yr2$25,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$406,510NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.06150DistributionYr2Rt
Total Distribution0.108516TotalDistributionRt
Average Distribution0.054258AverageDistributionRt
Net Vl Noncharitable Assets$5,517,674NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$299,378AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$2,736NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$302,114AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$277,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$5,472InvestmentIncomeExciseTaxAmt
Subtotal$5,472SubtotalAmt
Tax Based On Investment Income$5,472TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$13,306EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$13,306TotalPaymentsAndCreditsAmt
Overpayment$7,834OverpaymentAmt
Applied To ES Tax$7,834AppliedToESTaxAmt

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
Form990 T FiledfalseForm990TFiledInd
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
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
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$5,517,610AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$84,090AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,601,700TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$5,601,700AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$84,026CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,517,674NetVlNoncharitableAssetsAmt
Minimum Investment Return$275,884MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$275,884MinimumInvestmentReturnAmt
Tax Based On Investment Income$5,472TaxBasedOnInvestmentIncomeAmt
Total Tax$5,472TotalTaxAmt
Distributable Before Adj$270,412DistributableBeforeAdjAmt
Distributable Before Ded$270,412DistributableBeforeDedAmt
Distributable As Adjusted$270,412DistributableAsAdjustedAmt

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$270,412DistributableAsAdjustedAmt
Undistributed Income PY$6,688UndistributedIncomePYAmt
Qualifying Distributions$277,000QualifyingDistributionsAmt
Applied To Year1$6,688AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$270,312AppliedToCurrentYearAmt
Undistributed Income CY$100UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 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$60,000
GASTON COUNTY FAMILY YMCA
201 SOUTH CLAY STREETGASTONIANC28052NONEPCCAPITAL PROGRAM$100,000
EAGLE HILL SCHOOL
214 MAIN STREETSOUTHPORTCT06490NONEPCGENERAL EDUCATION MISSION OF THE SCHOOL$10,000
KIAWAH CARES FOUNDATION
23 BEACHWALKER DRIVEKIAWAH ISLANDSC29455NONEPCGENERAL MISSION OF THE ORGANIZATION$90,000
NOROTON PRESBYTERIAN CHURCH
2011 POST RDDARIENCT06820NONEPCGENERAL OPERATION SUPPORT$15,000
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$132,632ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$154,007ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$286,639ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$286,639TotalIncomeProducingActyAmt

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 (9 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
VANGUARD TOTAL INTL BND-ADM$281,891$281,091
JPM CORE BOND-R6$451,796$443,553
JANUS HIGH-YIELD FD-I
METROPOLITAN WEST T/R BD-PLN$103,112$102,099
ISHARES JP MORGAN EM BOND FUND
JH II STRAT INC OPPORT-R6
DODGE & COX INCOME FD$56,651$54,355
SIX CIRCLES ULTRA SHORT DURATION$49,272$49,070
VANGUARD SHORT-TERM BOND ETF$101,257$101,827

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (14 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
DIAMOND HILL LARGE CAP FD-1$11,432$10,540
ISHARES CORE S&P 500 ETF$1,655,198$1,824,424
AMG MANAGERS PICTET INTERNATIONAL$130,008$109,296
ARTISAN INTERNATIONAL FD-ADV$91,749$96,105
CAUSEWAY INTERNATL VAL-INST$128,021$122,875
JPM GLBL RES ENH INDEX R6$373,015$356,139
LOOMIS SAYLES GROWTH-N2$9,551$11,016
ISHARES MSCI EAFEINTL INDEX FD CL K$645,028$610,614
BROWN ADV JAPAN ALPHA OPP-IS$46,418$29,322
FIDELITY 500 INDEX FD-AI$108,890$102,707
SIX CIRCLES US UNCONSTRAINED$221,991$199,155
JPMORGAN BETABUILDERS CANADA ETF$115,441$98,548
SIX CIRCLES INTERNATIONAL$110,995$98,239
ISHARES INC MSCI JAPAN NEW$58,507$46,280

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$13,057Amt
Net Investment Income$13,057NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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