MV VISION FELLOWSHIP FUND: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MV VISION FELLOWSHIP FUND (EIN 13-4200820)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-13
IRS object ID
201843179349305324
Schema version
2017v2.3
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)
Return2018-11-13T14:10:49-06:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113518842PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARKS PANETH LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14 MANHATTANVILLE ROADAddressLine1Txt
CityPURCHASECityNm
State AbbreviationNYStateAbbreviationCd
ZIP10577ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134200820EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PHILIP EVANS SCHOLARSHIP FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPHILBusinessNameControlTxt
Phone9142422385PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 RADIO CIRCLEAddressLine1Txt
CityMOUNT KISCOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10549ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNANCY MCCABEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9142422385PhoneNum
Signature2018-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAWRENCE GOLDBERGPreparerPersonNm
PTINP01246920PTIN
Phone9145249000PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address65.51.91.130IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-13IPDt
IP Tm15:08:00IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id7C61B3E6B7B79809147739CB0F9C566A9BCAE14BAtSubmissionCreationDeviceId
At Submission Filing Device IdDA0AA4DD40C1AD43D26BC340FF18C074B664187CAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 RADIO CIRCLEAddressLine1Txt
CityMOUNT KISCOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10549ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$856,999GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressVINEYARDVISION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTHE PRIMARY EXEMPT PURPOSE OF THE PHILIP EVANS SCHOLARSHIP FOUNDATION IS TO PROVIDE AN EXTRAORDINARY HIGHER EDUCATION FOR SELECTED SCHOLARS.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$250,000PYContributionsGrantsAmt
CY Contributions Grants$450,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$361,679PYInvestmentIncomeAmt
CY Investment Income$549,155CYInvestmentIncomeAmt
PY Other Revenue$11,837PYOtherRevenueAmt
CY Other Revenue-$142,156CYOtherRevenueAmt
PY Total Revenue$623,516PYTotalRevenueAmt
CY Total Revenue$856,999CYTotalRevenueAmt
PY Grants And Similar Paid$1,109,144PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,246,265CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$96,285PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$105,156CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$56,056PYOtherExpensesAmt
CY Other Expenses$62,824CYOtherExpensesAmt
PY Total Expenses$1,261,485PYTotalExpensesAmt
CY Total Expenses$1,414,245CYTotalExpensesAmt
PY Revenues Less Expenses-$637,969PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$557,246CYRevenuesLessExpensesAmt
Total Assets BOY$7,112,335TotalAssetsBOYAmt
Total Assets EOY$6,715,433TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,112,335NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,715,433NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionAMONG THE PURPOSES OF THE PHILIP EVANS FOUNDATION IS THE AWARDING OF SCHOLARSHIP GRANTS TO OTHER 501(C) (3) CHARITIES AND/OR DIRECTLY TO THE INDIVIDUALS TO ENABLE THEM TO PURSUE STUDIES OR CONDUCT RESEARCH TO MEET THE REQUIREMENTS OF A DEGREE, GRADUATE DEGREE, PROFESSIONAL CERTIFICATION OR OTHER APPROPRIATE TRAINING, AND THE AWARDING OF STIPENDS FOR INTERNSHIPS, TRAVEL EXPENSE GRANTS, TECHNOLOGY GRANTS AND OTHER EDUCATIONAL PROGRAM GRANTS TO PROVIDE A SCHOLARSHIP EXPERIENCE THAT EXTENDS BEYOND TRADITIONAL TUITION, ROOM AND BOARD SCHOLARSHIP PROGRAMS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$972,454ExpenseAmt
Grant$846,265GrantAmt
DescDESCRIPTION: MARTHA'S VINEYARD VISION FELLOWSHIPIN 2017, THE PHILIP EVANS SCHOLARSHIP FOUNDATION SUPPORTED 28 INDIVIDUALS FROM MARTHA'S VINEYARD WORKING IN FIELDS RELATED TO SUSTAINABILITY ON THE ISLAND THROUGH THE MARTHA'S VINEYARD VISION FELLOWSHIP. THE FELLOWSHIP PROVIDED TUITION, ROOM AND BOARD, COMPUTERS AND OPPORTUNITY GRANTS FOR INDIVIDUALS IN UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS AND PROVIDED FUNDS FOR CAREER ENHANCEMENT ACTIVITIES FOR PROFESSIONALS IN NON-DEGREE PROGRAMS. NEW VISION FELLOWS WERE INTERVIEWED AND SELECTED IN MARCH. AS OF JANUARY 1, 2014 AN ON-ISLAND PROGRAM OFFICER WILL MANAGE THIS PROGRAM.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$200,022ExpenseAmt
Grant$200,000GrantAmt
DescDESCRIPTION: ELIZABETH MCCORMACK SCHOLARS PROGRAM AT MANHATTANVILLE COLLEGE.AS OF JANUARY 1, 2014 THE PROGRAM IS ADMINISTERED BY MANHATTANVILLE COLLEGE. A NEW SCHOLARSHIP PROGRAM, COORDINATED BY THE COLLEGE, AWARDED 20 ONE-TIME $10,000 SCHOLARSHIPS. THIS PROGRAM IS FUNDED BY AN ANNUAL $200,000 CONTRIBUTION FROM THE PHILIP EVANS SCHOLARSHIP FOUNDATION. 2017 MARKS THE FIFTH AWARD OF A FIVE YEAR PLEDGE CYCLE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$200,000ExpenseAmt
Grant$200,000GrantAmt
DescGRANT TO WESTCHESTER COMMUNITY COLLEGE FOR ITS SUPPORT OF VETERANS PROGRAMS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,372,476TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NANCY MCCABEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9142422385PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 RADIO CIRCLEAddressLine1Txt
CityMOUNT KISCOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10549ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
NANCY MCCABE
PRESIDENT5.0058.00Yes (X)Yes (X)$0$371,897$66,686
KAREN DAVIS
DIRECTOR1.001.00Yes (X)$0$0$0
NANCY S KOHLBERG
CHAIRMAN1.007.75Yes (X)$0$0$0
JENNIFER MAGNONE
SECT'Y/TREAS.1.003.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$371,897TotReportableCompRltdOrgAmt
Total Other Compensation$66,686TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$450,000AllOtherContributionsAmt
Total Contributions$450,000TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$128,600TotalRevenueColumnAmt
Exclusion$128,600ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$420,555SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$420,555SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$420,555TotalRevenueColumnAmt
Exclusion$420,555ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescKISCO TAX EXEMPT INVESDesc
Business523000BusinessCd
Total Revenue Column-$142,156TotalRevenueColumnAmt
Exclusion-$142,156ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total-$142,156OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$856,999TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$406,999ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$625,477TotalAmt
Program Services$625,477ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$620,788TotalAmt
Program Services$620,788ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$88,982TotalAmt
Program Services$72,532ProgramServicesAmt
Management And General$16,450ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$7,200TotalAmt
Program Services$7,200ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,012TotalAmt
Program Services$1,012ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$7,962TotalAmt
Program Services$5,998ProgramServicesAmt
Management And General$1,964ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$168TotalAmt
Management And General$168ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,500TotalAmt
Management And General$14,500ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$9,617TotalAmt
Program Services$8,134ProgramServicesAmt
Management And General$1,483ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$12,155TotalAmt
Program Services$12,000ProgramServicesAmt
Management And General$155ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$279TotalAmt
Program Services$279ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,400TotalAmt
Program Services$5,400ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,716TotalAmt
Program Services$3,376ProgramServicesAmt
Management And General$340ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$217TotalAmt
Management And General$217ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,550TotalAmt
Program Services$255ProgramServicesAmt
Management And General$6,295ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
STUDENT TRIPS/ACTIVITIE$4,182$4,182
WEBSITE MAINTENANCE$3,299$3,299
TELEPHONE$1,544$1,544
DUES & SUBSCRIPTIONS$676$501$175

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$521TotalAmt
Program Services$499ProgramServicesAmt
Management And General$22ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,414,245TotalAmt
Program Services$1,372,476ProgramServicesAmt
Management And General$41,769ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,036,190BOYAmt
EOY$778,426EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$616BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,085LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,976LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$326BOYAmt
EOY$109EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$6,075,175BOYAmt
EOY$5,936,881EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$28BOYAmt
EOY$17EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,112,335BOYAmt
EOY$6,715,433EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,112,335BOYAmt
EOY$6,715,433EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,112,335BOYAmt
EOY$6,715,433EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,112,335BOYAmt
EOY$6,715,433EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$557,246ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$160,344NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$250,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$401,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$226,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$250,000CurrentTaxYearMinus1YearAmt
Current Tax Year$450,000CurrentTaxYearAmt
Total$1,577,500TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$250,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$401,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$226,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$250,000CurrentTaxYearMinus1YearAmt
Current Tax Year$450,000CurrentTaxYearAmt
Total$1,577,500TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$104,274SubstantialContributorsTotAmt
Public Support Total170$1,473,226PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$99,351CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$278,378CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$90,915CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$111,568CurrentTaxYearMinus1YearAmt
Current Tax Year$128,600CurrentTaxYearAmt
Total$708,812TotalAmt
FieldValueIRS element (for citing)
Total Support$2,286,312TotalSupportAmt
Public Support CY1700.64440PublicSupportCY170Pct
Public Support PY1700.68240PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,085OtherCostOrOtherBasisAmt
Depreciation$6,976DepreciationAmt
Book Value$109BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$109TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescKISCO TAX-EXEMPT INVESTORS LLCDesc
Book Value$5,936,881BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$5,936,881TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,017,343TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$160,344NetUnrealizedGainsInvstAmt
Revenue Not Reported$160,344RevenueNotReportedAmt
Revenue Subtotal$856,999RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$856,999TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,414,245TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,414,245ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,414,245TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION EVALUATES ALL SIGNIFICANT TAX PROVISIONS AS REQUIRED BY ACCOUNTING PRACTICES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF DECEMBER 31, 2017, THE FOUNDATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY POSITIONS THAT WOULD REQUIRE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
MARTHA'S VINEYARD PUBLIC CHARTER SCHOOL
424 STATE RD PO BOX 1150WEST TISBURYMA02575223385616501(C)(3)$13,400GRANT FOR CLIMATE CHANGE CURRICULUM PROJECT
MARTHA'S VINEYARD FISHERMEN'S PRESERVATION TRUST
PO BOX 96MENEMSHAMA02552453546941501(C)(3)$163,500FILM PROJECT, BRIGHTON & MAYHEW
ISLAND GROWN INITIATIVE
PO BOX 622VINEYARD HAVENMA02568205773892501(C)(3)$25,000GRANTS FOR FOOD HUB FEASIBILITY STUDY PROJECT, ORGANIC COMPOST FEASIBILITY STUDY, WASTE VEGETABLE OIL PROJECT
WESTCHESTER COMMUNITY COLLEGE FOUNDATION INC
75 GRASSLANDS RD HARTFORD HALLVALHALLANY10595237050397501(C)(3)$200,000SUPPORT WCC VETERANS PROGRAM
MANHATTANVILLE COLLEGE
2900 PURCHASE STREETPURCHASENY10577131740469501(C)(3)$200,000MCCORMACK SCHOLARSHIPS 2016-2017 ACADEMIC YEAR
GREAT POND FOUNDATION
PO BOX 2005EDGARTOWNMA02539043446891501(C)(3)$9,620WATER SAMPLING OF EDGARTOWN GREAT POND
PERMANENT ENDOWMENT FUND OF MARTHA'S VINEYARD
PO BOX 243WEST TISBURYMA02575042774790501(C)(3)$7,5721ST INSTALLMENT FOR TICK BORNE ILLNESS PROGRAM (3 YEAR PROJECT)
FieldValueIRS element (for citing)
Total501c3 Org7Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
TUITION/PROGRAM FEE, ROOM AND BOARD LIVING EXPENSES (CREDIT AND NON-CREDIT PROGRAMS)28$524,222
OPPORTUNITY GRANTS (TRAVEL, STUDY ABROAD AND OTHER EDUCATION ENRICHMENT)8$12,824
SPONSOR GRANTS (INTERN STIPEND & GRANT)19$83,742

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationPROGRAM DIRECTOR REVIEWS REQUESTS, CONDUCTS DUE DILIGENCE, VISITS THE APPLICANT AND MONITORS GRANT ACTIVITIES THROUGH THE AWARD PERIOD.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonNANCY MCCABEPersonNm
TitlePRESIDENTTitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$371,499CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$398OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$5,400DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$61,286NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$438,583TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2KAREN DAVIS AND NANCY KOHLBERG HAVE A FAMILY RELATIONSHIP. NANCY MCCABE HAS A BUSINESS RELATIONSHIP WITH THE KOHLBERG FOUNDATION, A SEPARATE BUT RELATED ENTITY.
FORM 990, PART VI, SECTION B, LINE 11BA PDF VERSION OF THE FORM 990 IS DISTRIBUTED VIA EMAIL TO EACH OFFICER AND DIRECTOR BEFORE THE FORM 990 IS FILED WITH A REQUEST FOR ACKNOWLEDGEMENT, QUESTIONS AND COMMENTS DUE BY THE FILING DATE.
FORM 990, PART VI, SECTION B, LINE 12CEACH YEAR EVERY MEMBER REVIEWS AND SIGNS A DISCLOSURE FORM AT THE ANNUAL MEETING. ALL CONTRACTS, GRANTS AND AWARDS ARE SCREENED TO IDENTIFY ANY CONFLICTS AND ENSURE ALL AFFILIATED PARTIES RECUSE THEMSELVES APPROPRIATELY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.
FORM 990, PART VIIAVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONS BY NANCY MCCABE- 1) KISCO FOUNDATION, INC. - 11 HOURS 2) CABBAGE HILL FARM FOUNDATION, INC. - 2 HOURS 3) PLAN FOR SOCIAL EXCELLENCE, INC. - 5 HOURS 4) KOHLBERG FOUNDATION, INC. - 40 HOURS AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATION BY KAREN DAVIS - 1) CABBAGE HILL FARM FOUNDATION, INC. - 1 HOUR AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONS BY JENNIFER MAGNONE - 1) KISCO FOUNDATION, INC. - 2 HOURS 2) CABBAGE HILL FARM FOUNDATION, INC. - 1 HOUR 3) KOHLBERG FOUNDATION, INC. - .5 HOUR AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONS BY NANCY KOHLBERG - 1) KOHLBERG FOUNDATION, INC. - .5 HOUR 2) PLAN FOR SOCIAL EXCELLENCE, INC. - .25 HOUR 3) CABBAGE HILL FARM FOUNDATION, INC. - 5 HOURS 4) KISCO FOUNDATION, INC. - 2 HOURS
FORM 990, PART XII, LINE 2CTHE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT, ITS FINANCIAL STATEMENTS AS WELL AS THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
THE KISCO FOUNDATION INC
111 RADIO CIRCLEMOUNT KISCONY10549611411259PROVIDE ASSISTANCE TO OTHER 501(C)(3)'SNY501(C)(3)LINE 7N/A0
THE KOHLBERG FOUNDATION
111 RADIO CIRCLEMOUNT KISCONY10549133496263SUPPORTS ORGS IN THE FIELDS OF HEALTH & MEDICAL, EDUCATION & THE ENVIRONMENTNY501(C)(3)PFN/A0
CABBAGE HILL FARM FDN
111 RADIO CIRCLEMOUNT KISCONY10549133914519PRESERVE HISTORIC FARM ANIMALS, AQUIPONICS & AGRICULTURAL TECHNIQUESNY501(C)(3)PFN/A0
THE PLAN FOR SOCIAL EXCELLENCE INC
111 RADIO CIRCLEMOUNT KISCONY10549066082681JOURNALISM EDUCATION/HISTORIC PRESERVATION/COMMUNITY ENGAGEMENTNY501(C)(3)PFN/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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