MRW FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
MRW FOUNDATION INC (EIN 20-1188311)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-04-13
IRS object ID
201531039349100108
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)
Return2015-04-13T11:11:40-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN541481083PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DESROCHES & COMPANY CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 GOLDEN OAK CT STE 200AddressLine1Txt
CityVIRGINIA BEACHCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23452ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201188311EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MRW FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMRWFBusinessNameControlTxt
Phone7574362200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11019 EDEN WAY NORTHAddressLine1Txt
CityCHESAPEAKECityNm
State AbbreviationVAStateAbbreviationCd
ZIP23320ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGERRY ROGERSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7574362200PhoneNum
Signature2015-04-07SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID J DESROCHES CPAPreparerPersonNm
PTINP00741251PTIN
Phone7574983000PhoneNum
Preparation2015-04-07PreparationDt
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$676FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$52,908ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$7InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$7InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$7InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$52,915TotalRevAndExpnssAmt
Total Net Invst Incm$7TotalNetInvstIncmAmt
Total Adj Net Incm$7TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$500AccountingFeesRevAndExpnssAmt
Other Expenses Rev And Expnss$45OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$545TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$85,847ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$85,847ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$86,392TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$85,847TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$33,477ExcessRevenueOverExpensesAmt
Net Investment Income$7NetInvestmentIncomeAmt
Adjusted Net Income$7AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$23,866CashBOYAmt
Cash EOY$676CashEOYAmt
Cash EOYFMV$676CashEOYFMVAmt
Total Assets BOY$23,866TotalAssetsBOYAmt
Total Assets EOY$676TotalAssetsEOYAmt
Total Assets EOYFMV$676TotalAssetsEOYFMVAmt
Deferred Revenue EOY$10,287DeferredRevenueEOYAmt
Total Liabilities EOY$10,287TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$23,866RetainedEarningBOYAmt
Retained Earning EOY-$9,611RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$23,866TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY-$9,611TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$23,866TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$676TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$23,866TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$33,477ExcessRevenueOverExpensesAmt
Subtotal-$9,611SubtotalAmt
Tot Net Ast Or Fund Balances EOY-$9,611TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$29,154AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$20,423NetVlNoncharitableAssetsYr1Amt
Distribution Yr11.427508DistributionYr1Rt
Adjusted Qlfy Distri Yr2$44,019AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$47,844NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.920053DistributionYr2Rt
Adjusted Qlfy Distri Yr3$11,787AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$78,358NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.150425DistributionYr3Rt
Adjusted Qlfy Distri Yr4$28,790AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$86,775NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.331778DistributionYr4Rt
Adjusted Qlfy Distri Yr5$10,802AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$106,561NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.101369DistributionYr5Rt
Total Distribution2.931133TotalDistributionRt
Average Distribution0.586227AverageDistributionRt
Net Vl Noncharitable Assets$9,315NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$5,461AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$5,461AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$85,847QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
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
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 Line1MRW FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7574362200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11019 EDEN WAY NORTHAddressLine1Txt
CityCHESAPEAKECityNm
State AbbreviationVAStateAbbreviationCd
ZIP23320ZIPCd
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
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)
PersonGERALD P ROGERSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11019 EDEN WAY NORTHAddressLine1Txt
CityCHESAPEAKECityNm
State AbbreviationVAStateAbbreviationCd
ZIP23320ZIPCd
FieldValueIRS element (for citing)
TitlePRESIDENTTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

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$9,457AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,457TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$9,457AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$142CashDeemedCharitableAmt
Net Vl Noncharitable Assets$9,315NetVlNoncharitableAssetsAmt
Minimum Investment Return$466MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$466MinimumInvestmentReturnAmt
Distributable Before Adj$466DistributableBeforeAdjAmt
Distributable Before Ded$466DistributableBeforeDedAmt
Distributable As Adjusted$466DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$85,847ExpensesAndContributionsAmt
Qualifying Distributions$85,847QualifyingDistributionsAmt
Adjusted Qualifying Distri$85,847AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$466DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$5,486ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$4,335ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$7,871ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$41,627ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$28,133ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$87,452TotalExcessDistributionCyovAmt
Qualifying Distributions$85,847QualifyingDistributionsAmt
Applied To Current Year$466AppliedToCurrentYearAmt
Remaining Distri From Corpus$85,381RemainingDistriFromCorpusAmt
Total Corpus$172,833TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$5,486ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$167,347ExcessDistriCyovToNextYrAmt
Excess From Year4$4,335ExcessFromYear4Amt
Excess From Year3$7,871ExcessFromYear3Amt
Excess From Year2$41,627ExcessFromYear2Amt
Excess From Year1$28,133ExcessFromYear1Amt
Excess From Current Year$85,381ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
GEORGE DRIVAS
14004 HIGHLAND MEADOW RDCHARLOTTENC28273OTHER$575
JOANNA M GERACE
2545 WEST LANDING ROADVIRGINIA BEACHVA23456OTHER$150
RACHEL CARAWAN
1107 1/2 PEDDIE STHOUSTONTX77009OTHER$200
ATLANTIC SHORES CHRISTIAN SCHOOL
1217 N CENTERVILLE TRNPKCHESAPEAKEVA23320RELIGIOUS$31,700
COMPASSION INTERNATIONAL
12290 VOYAGER PARKWAYCOLORADO SPRINGSCO80997AID TO THE POOR$2,400
CRISIS PREGNANCY CTR OF TIDEWATER
1021 EDEN WAY N STE 116CHESAPEAKEVA23320OTHER$14,400
FAITH FIRST EDUCATIONAL ASSISTANCE
7035 KEY LIME CTDOVERDE19901RELIGIOUS$2,100
NATIONAL MS SOCIETY
508 COUNTRY CLUB COURTCHESAPEAKEVA23322MEDICAL RESEARCH$250
OPHAN HELPERS
813 FORREST DR SUITE ANEWPORT NEWSVA23606AID TO THE POOR$1,000
RECOVERY FOR LIFE
3419 VIRGINIA BEACH BLVDVIRGINIA BEACHVA23452OTHER$2,400
SOUTHEASTERN VA FOODBANK
800 TIDEWATER DRIVENORFOLKVA23501AID TO THE POOR$500
ST JUDES CHILDREN'S RESEARCH HOSP
501 ST JUDE PLACEMEMPHISTN381051942MEDICAL RESEARCH$5,500
UNION MISSION MINISTRIES
PO BOX 3203NORFOLKVA235143203AID TO THE POOR$7,800
WORLD VISION
PO BOX 70102TACOMAWA984810102AID TO THE POOR$13,872
WOUNDED WARRIORS PROJECT
PO BOX 758541TOPEKAKS666758541OTHER$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$85,847TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$7ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7TotalIncomeProducingActyAmt

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
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
ETHIX CORPORATION
11019 EDEN WAYCHESAPEAKEVA23320$41,908Yes (X)
GERALD P ROGERS
2305 LAMBARDI COURTCHESAPEAKEVA23322$10,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$500Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK CHARGES$20
LICENSES$25

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