WILKERSON SCHOLORSHIP FUND: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
WILKERSON SCHOLORSHIP FUND (EIN 06-1617537)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-14
IRS object ID
201501349349100530
Schema version
2014v5.0
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)
Return2015-05-14T09:57:47-00:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

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
Signature2015-05-14SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonThomas D RichPreparerPersonNm
Phone2033751105PhoneNum
Preparation2015-05-14PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$520,307FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$5,190ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$28,973DividendsRevAndExpnssAmt
Dividends Net Invst Incm$28,973DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$58,048NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$164,212GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$92,211TotalRevAndExpnssAmt
Total Net Invst Incm$28,973TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$281TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$2,735OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$4,016TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$18,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$18,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$22,516TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$18,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$69,695ExcessRevenueOverExpensesAmt
Net Investment Income$28,973NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,825CashBOYAmt
Cash EOY$16,585CashEOYAmt
Cash EOYFMV$16,585CashEOYFMVAmt
Corporate Bonds BOY$446,787CorporateBondsBOYAmt
Corporate Bonds EOY$503,722CorporateBondsEOYAmt
Corporate Bonds EOYFMV$503,722CorporateBondsEOYFMVAmt
Total Assets BOY$450,612TotalAssetsBOYAmt
Total Assets EOY$520,307TotalAssetsEOYAmt
Total Assets EOYFMV$520,307TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$450,612RetainedEarningBOYAmt
Retained Earning EOY$520,307RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$450,612TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$520,307TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$450,612TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$520,307TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$450,612TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$69,695ExcessRevenueOverExpensesAmt
Subtotal$520,307SubtotalAmt
Tot Net Ast Or Fund Balances EOY$520,307TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$14,219AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$10,894AdjustedQlfyDistriYr2Amt
Adjusted Qlfy Distri Yr3$9,579AdjustedQlfyDistriYr3Amt
Adjusted Qlfy Distri Yr4$11,573AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5$11,000AdjustedQlfyDistriYr5Amt
Net Investment Income Pct$290NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$290AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$18,500QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$290InvestmentIncomeExciseTaxAmt
Subtotal$290SubtotalAmt
Tax Based On Investment Income$290TaxBasedOnInvestmentIncomeAmt
Tax Due$290TaxDueAmt

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$290TaxBasedOnInvestmentIncomeAmt
Total Tax$290TotalTaxAmt
Distributable Before Adj$290DistributableBeforeAdjAmt
Distributable Before Ded$290DistributableBeforeDedAmt
Distributable As Adjusted-$290DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$18,500ExpensesAndContributionsAmt
Qualifying Distributions$18,500QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$290PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$18,210AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted-$290DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$11,000ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$11,700ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$9,750ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$11,250ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$14,500ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$58,200TotalExcessDistributionCyovAmt
Qualifying Distributions$18,500QualifyingDistributionsAmt
Remaining Distri From Corpus$18,500RemainingDistriFromCorpusAmt
Total Corpus$76,700TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$11,290ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$65,410ExcessDistriCyovToNextYrAmt
Excess From Year4$11,700ExcessFromYear4Amt
Excess From Year3$9,750ExcessFromYear3Amt
Excess From Year2$11,250ExcessFromYear2Amt
Excess From Year1$14,500ExcessFromYear1Amt
Excess From Current Year$18,500ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Fabiola Bachinelo
99 Ferris AvenueNorwalkCT06854Scholarship$2,000
Roberto Jimenez Vargas
32 West AvenueNorwalkCT06854Scholarship$2,500
Sydnie Getter
62 Spring Hill AvenueNorwalkCT06854Scholarship$2,000
Nicolas Tapper
3 College StreetNorwalkCT06854Scholarship$2,000
Sandy Tzul
29 Fair StreetNorwalkCT06854Scholarship$2,000
Regine Augustin
200 East AvenueNorwalkCT06854Scholarship$2,500
Claudia Chavez Castro
112 Ward StreetNorwalkCT06854Scholarship$2,500
Cynthia Laguerre
175 Custer StreetNorwalkCT06854Scholarship$2,000
Akhshat Misra
35 Chatham DriveNorwalkCT06854Scholarship$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$18,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$28,973RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$28,973RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$28,973TotalIncomeProducingActyAmt

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$1,000Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (8 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
961.571 shs Eaton Vance2008-05P2014-09$13,925$11,721$2,204
1450.887 shs Prudential Jennison2012-07P2014-09$19,500$13,580$5,920
702.247 shs Yacktman Fund2012-07P2014-09$17,474$13,062$4,412
8.981 shs Hartford Capital2012-12P2014-09$447$311$136
59.843 shs Hartford Capital2014-06P2014-09$2,980$2,697$283
1335.166 shs Hartford Capital2008-05P2014-09$65,773$44,610$21,163
1005.408 Hartford Growth2008-05P2014-09$42,395$18,666$23,729
40.03 shs Hartford Growth2013-12P2014-09$1,718$1,517$201

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (15 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
AMERICAN CENTURY TARGET$69,263$69,263
AMERICAN CENTURY GOVT$52,079$52,079
EATON VANCE BUILDER$12,708$12,708
FIDELITY ADVISOR$55,891$55,891
PRUDENTIAL JENNISON SELECT$14,734$14,734
OPPENHEIMER GLOBAL$10,412$10,412
YACKTMAN FUND SERVICE$15,341$15,341
TEMPLETON GLOBAL$68,483$68,483
AGIC CONV INCOME FD COM$31,656$31,656
ALLIANZ AGIC INCOME GROWTH$32,666$32,666
FIDELITY ADVISOR HEALTH CARE$28,569$28,569
HANCOCK JOHN PFD INCOME$27,503$27,503
FS INVT CORP COM$27,513$27,513
MFS UTILITIES FUND$29,322$29,322
OPPENHEIMER GLOBAL OPPORTUNITY$27,582$27,582

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescManagement FeesDesc
Revenue And Expenses Per Books$2,735RevenueAndExpensesPerBooksAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIncome TaxCategoryTxt
Amt$281Amt

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