NINETY ONE SCHOLARSHIP FUND: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
NINETY ONE SCHOLARSHIP FUND (EIN 20-0508968)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-05-14
IRS object ID
201941349349103124
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)
Return2019-05-14T14:19:42-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN471793720PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ARCARA ZUCARELLI LENDA & ASSOC CPA'S PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15214 MAIN ST STE 200AddressLine1Txt
CityWILLIAMSVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP14221ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN200508968EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NINETY ONE SCHOLARSHIP FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNINEBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14500 WITMER INDUSTRIAL ESTATESAddressLine1Txt
CityNIAGARA FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14305ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRANDY PALLADINOPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone7162976441PhoneNum
Signature2019-05-07SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID ARCARA CPAPreparerPersonNm
PTINP00165827PTIN
Phone7166342722PhoneNum
Preparation2019-05-07PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address50.75.34.114IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-14IPDt
IP Tm14:19:42IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id73E0D1874E64C0E4C830CCCB74E9C2C0F6B73C05AtSubmissionCreationDeviceId
At Submission Filing Device IdD32AD9D0A014E0CEE95EDC6E7B5052DC6E94F01CAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$61,104FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$9,628ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Total Rev And Expnss$9,628TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,200AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$50TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,250TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$4,033ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$4,033ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$5,283TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$4,033TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$4,345ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$56,759CashBOYAmt
Cash EOY$61,104CashEOYAmt
Cash EOYFMV$61,104CashEOYFMVAmt
Total Assets BOY$56,759TotalAssetsBOYAmt
Total Assets EOY$61,104TotalAssetsEOYAmt
Total Assets EOYFMV$61,104TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$56,759UnrestrictedBOYAmt
Unrestricted EOY$61,104UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$56,759TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$61,104TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$56,759TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$61,104TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$56,759TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$4,345ExcessRevenueOverExpensesAmt
Subtotal$61,104SubtotalAmt
Tot Net Ast Or Fund Balances EOY$61,104TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$5,560AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$51,514NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.107932DistributionYr1Rt
Adjusted Qlfy Distri Yr2$3,860AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$46,552NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.082918DistributionYr2Rt
Adjusted Qlfy Distri Yr3$3,900AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$38,526NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.101230DistributionYr3Rt
Adjusted Qlfy Distri Yr4$4,075AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$28,559NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.142687DistributionYr4Rt
Adjusted Qlfy Distri Yr5$2,625AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$17,745NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.147929DistributionYr5Rt
Total Distribution0.582696TotalDistributionRt
Average Distribution0.116539AverageDistributionRt
Net Vl Noncharitable Assets$57,265NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$6,674AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$6,674AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$4,033QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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 StateNYOrgReportOrRegisterStateCd
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
Individual With BooksRANDY PALLADINOIndividualWithBooksNm
Phone7162976441PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14500 WITMER INDUSTRIAL ESTATESAddressLine1Txt
CityNIAGARA FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14305ZIPCd
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 IndividualsYes (true)GrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RICHARD PALLADINO
4500 WITMER INDUSTRIAL ESTATESNIAGARA FALLSNY14305TRUSTEE1.00$0$0$0
MARIO NERI
4500 WITMER INDUSTRIAL ESTATESNIAGARA FALLSNY14305TRUSTEE1.00$0$0$0
RANDY PALLADINO
4500 WITMER INDUSTRIAL ESTATESNIAGARA FALLSNY14305TRUSTEE2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1GRANT SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS PURSUING POST-SECONDARY EDUCATION AT TWO AND FOUR YEAR INSTITUTIONS.Description1Txt
Expenses1$4,033Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$58,137AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$58,137TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$58,137AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$872CashDeemedCharitableAmt
Net Vl Noncharitable Assets$57,265NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,863MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,863MinimumInvestmentReturnAmt
Distributable Before Adj$2,863DistributableBeforeAdjAmt
Distributable Before Ded$2,863DistributableBeforeDedAmt
Distributable As Adjusted$2,863DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$4,033ExpensesAndContributionsAmt
Qualifying Distributions$4,033QualifyingDistributionsAmt
Adjusted Qualifying Distri$4,033AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,863DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,738ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$2,647ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,974ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,532ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$2,984ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$10,875TotalExcessDistributionCyovAmt
Qualifying Distributions$4,033QualifyingDistributionsAmt
Applied To Current Year$2,863AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,170RemainingDistriFromCorpusAmt
Total Corpus$12,045TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,738ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$10,307ExcessDistriCyovToNextYrAmt
Excess From Year4$2,647ExcessFromYear4Amt
Excess From Year3$1,974ExcessFromYear3Amt
Excess From Year2$1,532ExcessFromYear2Amt
Excess From Year1$2,984ExcessFromYear1Amt
Excess From Current Year$1,170ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonLABORERS' LOCAL 91 SCHOLARSHIP PRORecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line14500 WITMER INDUSTRIAL ESTATESAddressLine1Txt
CityNIAGARA FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14305ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7162976441RecipientPhoneNum
Form And Info And MaterialsAPPLICATION AND REQUIRED SUPPORTING DOCUMENTATION (I.E. TRANSCRIPT OF HIGH SCHOOL GRADES THROUGH THE LATEST GRADING PERIOD PRIOR TO THE DATE OF APPLICATION AND LETTER OF RECOMMENDATION FROM MEMBER OF THE HIGH SCHOOL FACULTY.)FormAndInfoAndMaterialsTxt
Submission DeadlinesLAST BUSINESS DAY IN MAY 2018SubmissionDeadlinesTxt
Restrictions On AwardsAPPLICANTS MUST BE THE CHILD/GRANDCHILD OF AN ACTIVE OR RETIRED MEMBER OF LABORERS LOCAL UNION NO. 91, OR THE CHILD OF A SIGNATORY EMPLOYER.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
EMILY DUMOND
7027 KINNE ROADLOCKPORTNY14094NONEN/ASCHOLARSHIP$214
KALI CROISDALE
342 79TH STREETNIAGARA FALLSNY14304NONEN/ASCHOLARSHIP$650
KIANA POLANIN
BAY POINT BOX 27255PANAMA CITYFL32411NONEN/ASCHOLARSHIP$325
KYLIE MAJKA
8485 BUNKERHILLGASPORTNY14067NONEN/ASCHOLARSHIP$325
MATTHEW SCHIAVI
649 SARA CTLEWISTONNY14092NONEN/ASCHOLARSHIP$894
NATALIE MANNING
576 78TH STREETNIAGARA FALLSNY14304NONEN/ASCHOLARSHIP$650
NICOLE PERRY
7009 DEIDRE CTNIAGARA FALLSNY14305NONEN/ASCHOLARSHIP$650
STEPHANIE NEWMAN
179 MILL ROADWEST SENECANY14224NONEN/ASCHOLARSHIP$325
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$4,033TotalGrantOrContriPdDurYrAmt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,200Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryCHAR 500 FEECategoryTxt
Amt$50Amt

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