WILKERSON SCHOLORSHIP FUND: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
WILKERSON SCHOLORSHIP FUND (EIN 06-1617537)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-15
IRS object ID
201601369349100305
Schema version
2015v2.1
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)
Return2016-05-15T11:20:40-00:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

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 Line1Foot of Broad Street Suite 208AddressLine1Txt
CityStratfordCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06615ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

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 Line1PO BOX 511AddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06852ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJULES LANGPersonNm
Person TitleTRUSTEEPersonTitleTxt
Signature2016-05-15SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonThomas D RichPreparerPersonNm
Phone2033751105PhoneNum
Preparation2016-05-15PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$542,182FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$24,860ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$16,402DividendsRevAndExpnssAmt
Dividends Net Invst Incm$16,402DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$25NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,038GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$41,237TotalRevAndExpnssAmt
Total Net Invst Incm$16,402TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,225AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$350TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,787OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,362TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$16,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$16,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$19,362TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$16,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$21,875ExcessRevenueOverExpensesAmt
Net Investment Income$16,402NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$16,585CashBOYAmt
Cash EOY$19,163CashEOYAmt
Cash EOYFMV$19,163CashEOYFMVAmt
Corporate Bonds BOY$503,722CorporateBondsBOYAmt
Corporate Bonds EOY$523,019CorporateBondsEOYAmt
Corporate Bonds EOYFMV$523,019CorporateBondsEOYFMVAmt
Total Assets BOY$520,307TotalAssetsBOYAmt
Total Assets EOY$542,182TotalAssetsEOYAmt
Total Assets EOYFMV$542,182TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$520,307RetainedEarningBOYAmt
Retained Earning EOY$542,182RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$520,307TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$542,182TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$520,307TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$542,182TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$520,307TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$21,875ExcessRevenueOverExpensesAmt
Subtotal$542,182SubtotalAmt
Tot Net Ast Or Fund Balances EOY$542,182TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property300 shs FS Invt Corp ComPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2014-10-13AcquiredDt
Sold2015-08-29SoldDt
Gross Sales Price$3,038GrossSalesPriceAmt
Cost Or Other Basis$3,063CostOrOtherBasisAmt
Gain Or Loss-$25GainOrLossAmt
Gains Minus Excess Or Losses-$25GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$25CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$25NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$18,210AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$14,219AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3$10,894AdjustedQlfyDistriYr3Amt
Adjusted Qlfy Distri Yr4$9,579AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5$11,573AdjustedQlfyDistriYr5Amt
Net Investment Income Pct$164NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$164AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$16,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$164InvestmentIncomeExciseTaxAmt
Subtotal$164SubtotalAmt
Tax Based On Investment Income$164TaxBasedOnInvestmentIncomeAmt
Tax Due$164TaxDueAmt

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 RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksATTORNEY JULES LANGIndividualWithBooksNm
Phone2038533030PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17-9 ISAAC STREETAddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06850ZIPCd
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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJULES LANGPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 511AddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06852ZIPCd
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$164TaxBasedOnInvestmentIncomeAmt
Total Tax$164TotalTaxAmt
Distributable Before Adj$164DistributableBeforeAdjAmt
Distributable Before Ded$164DistributableBeforeDedAmt
Distributable As Adjusted-$164DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$16,000ExpensesAndContributionsAmt
Qualifying Distributions$16,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$164PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$15,836AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted-$164DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$11,700ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$9,750ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$11,250ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$14,500ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$18,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$65,700TotalExcessDistributionCyovAmt
Qualifying Distributions$16,000QualifyingDistributionsAmt
Remaining Distri From Corpus$16,000RemainingDistriFromCorpusAmt
Total Corpus$81,700TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$11,864ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$69,836ExcessDistriCyovToNextYrAmt
Excess From Year4$9,750ExcessFromYear4Amt
Excess From Year3$11,250ExcessFromYear3Amt
Excess From Year2$14,500ExcessFromYear2Amt
Excess From Year1$18,500ExcessFromYear1Amt
Excess From Current Year$16,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Juan Arenas
69 Stuart Avenue Apt 1NorwalkCT06854Scholarship$3,000
Heidi ledsoe
28 High StreetNorwalkCT06850Scholarship$2,000
Taijek Mekel
14 Chapel StreetNorwalkCT06854Scholarship$2,000
Jeffrey Gudiel
37 Strawerry Hill AvenueNorwalkCT06851Scholarship$3,000
Courtney Tapper
28 Martin Luther King DriveNorwalkCT06854Scholarship$2,000
Johanna Augustin
200 East AvenueNorwalkCT06851Scholarship$3,000
Chyna Davis
20 Hollow Tree RoadNorwalkCT06854Scholarship$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$16,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$16,402RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$16,402RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$16,402TotalIncomeProducingActyAmt

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
Asset300 shs FS Invt Corp ComAssetDesc
Acquired2014-10AcquiredDt
How AcquiredPHowAcquiredTxt
Sold2015-08SoldDt
Gross Sales Price$3,038GrossSalesPriceAmt
Basis$3,063BasisAmt
Total Net-$25TotalNetAmt

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (15 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
AMERICAN CENTURY TARGET$71,543$71,543
AMERICAN CENTURY GOVT$52,843$52,843
EATON VANCE BUILDER$14,809$14,809
FIDELITY ADVISOR$58,744$58,744
PRUDENTIAL JENNISON SELECT$17,322$17,322
OPPENHEIMER GLOBAL$10,412$10,412
YACKTMAN FUND SERVICE$17,617$17,617
TEMPLETON GLOBAL$70,594$70,594
AGIC CONV INCOME FD COM$31,656$31,656
ALLIANZ AGIC INCOME GROWTH$35,696$35,696
FIDELITY ADVISOR HEALTH CARE$30,628$30,628
HANCOCK JOHN PFD INCOME$27,503$27,503
FS INVT CORP COM$24,450$24,450
MFS UTILITIES FUND$31,393$31,393
OPPENHEIMER GLOBAL OPPORTUNITY$27,809$27,809

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
Management Fees$1,687
Filing Fees$100

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIncome TaxCategoryTxt
Amt$350Amt

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