BETA

MCH FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MCH FOUNDATION (EIN 81-3586325)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-16
IRS object ID
201803209349100125
Schema version
2017v2.2
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)
Return2018-11-16T08:47:38-08:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

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 Begin2017-01-01TaxPeriodBeginDt

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
Signature2018-11-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM W ARROWOODPreparerPersonNm
PTINP01046791PTIN
Phone7048611420PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$5,589,766FMVAssetsEOYAmt
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$118,101DividendsRevAndExpnssAmt
Dividends Net Invst Incm$118,101DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$61,247NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$860,233GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$61,247CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$179,348TotalRevAndExpnssAmt
Total Net Invst Incm$179,348TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$2,000LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$2,000LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$9,936OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$9,936OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$16,131TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$28,067TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$9,936TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,000TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$250,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$250,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$278,067TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$9,936TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$252,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$98,719ExcessRevenueOverExpensesAmt
Net Investment Income$169,412NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$281,899SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$197,832SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$197,832SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$3,749,398CorporateStockBOYAmt
Corporate Stock EOY$3,723,418CorporateStockEOYAmt
Corporate Stock EOYFMV$4,372,451CorporateStockEOYFMVAmt
Corporate Bonds BOY$1,000,248CorporateBondsBOYAmt
Corporate Bonds EOY$1,011,576CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,019,483CorporateBondsEOYFMVAmt
Total Assets BOY$5,031,545TotalAssetsBOYAmt
Total Assets EOY$4,932,826TotalAssetsEOYAmt
Total Assets EOYFMV$5,589,766TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$5,031,545CapitalStockBOYAmt
Capital Stock EOY$4,932,826CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$5,031,545TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,932,826TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,031,545TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,932,826TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,031,545TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$98,719ExcessRevenueOverExpensesAmt
Subtotal$4,932,826SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,932,826TotNetAstOrFundBalancesEOYAmt

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
Sold2017-12-31SoldDt
Gross Sales Price$860,233GrossSalesPriceAmt
Cost Or Other Basis$798,986CostOrOtherBasisAmt
Gain Or Loss$61,247GainOrLossAmt
Gains Minus Excess Or Losses$61,247GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$61,247CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$61,247NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$25,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$406,510NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.06150DistributionYr1Rt
Total Distribution0.061499TotalDistributionRt
Average Distribution0.030750AverageDistributionRt
Net Vl Noncharitable Assets$5,323,749NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$163,705AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,694NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$165,399AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$252,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$1,694InvestmentIncomeExciseTaxAmt
Subtotal$1,694SubtotalAmt
Tax Based On Investment Income$1,694TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$15,000EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$15,000TotalPaymentsAndCreditsAmt
Overpayment$13,306OverpaymentAmt
Applied To ES Tax$13,306AppliedToESTaxAmt

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

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$5,124,362AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$280,459AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,404,821TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$5,404,821AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$81,072CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,323,749NetVlNoncharitableAssetsAmt
Minimum Investment Return$266,187MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$266,187MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,694TaxBasedOnInvestmentIncomeAmt
Total Tax$1,694TotalTaxAmt
Distributable Before Adj$264,493DistributableBeforeAdjAmt
Distributable Before Ded$264,493DistributableBeforeDedAmt
Distributable As Adjusted$264,493DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$252,000ExpensesAndContributionsAmt
Qualifying Distributions$252,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$1,694PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$250,306AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$264,493DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$5,805ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$5,805TotalExcessDistributionCyovAmt
Qualifying Distributions$252,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$252,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$5,805ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$5,805ExcessDistributionCyovAppCYAmt
Undistributed Income CY$6,688UndistributedIncomeCYAmt

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$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$80,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$250,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$118,101ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$61,247ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$179,348ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$179,348TotalIncomeProducingActyAmt

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 (7 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
VANGUARD TOTAL INTL BND-ADM$253,064$252,227
JPM CORE BOND-R6$253,955$255,324
JANUS HIGH-YIELD FD-I$114,068$114,203
METROPOLITAN WEST T/R BD-PLN$168,470$170,810
ISHARES JP MORGAN EM BOND FUND$51,660$54,683
JH II STRAT INC OPPORT-R6$113,708$115,831
DODGE & COX INCOME FD$56,651$56,405

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
DIAMOND HILL LARGE CAP FD-1$100,000$106,565
ISHARES CORE S&P 500 ETF$1,704,682$2,004,008
AMG MANAGERS PICTET INTERNATIONAL$187,534$221,662
ARTISAN INTERNATIONAL FD-ADV$178,568$229,709
CAUSEWAY INTERNATL VAL-INST$234,283$286,162
JPM GLBL RES ENH INDEX R6$484,028$565,077
LOOMIS SAYLES GROWTH-N2$91,603$114,744
ISHARES MSCI EAFEINTL INDEX FD CL K$696,302$790,893
BROWN ADV JAPAN ALPHA OPP-IS$46,418$53,631

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$9,936Amt
Net Investment Income$9,936NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL INCOME TAXCategoryTxt
Amt$16,131Amt

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