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WILLIAM SCOTT MACE FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
WILLIAM SCOTT MACE FOUNDATION (EIN 46-1192830)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-05-09
IRS object ID
201411299349101916
Schema version
2013v3.1
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)
Return2014-05-09T15:23:22-05:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Hollow Ln Ste 212AddressLine1
CityLake SuccessCity
StateNYState
ZIP Code11042ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461192830EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1William Scott Mace FoundationBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of% c/o Foundation SourceInCareOfNm
Business Name ControlWILLBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1
Address Line2Suite 123AddressLine2
CityWilmingtonCity
StateDEState
ZIP Code198091377ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRoy W MacePersonNm
Person TitlepresidentPersonTitleTxt
Phone8008391754PhoneNum
Signature2014-04-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,957,408FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$202InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$202InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$34,937DividendsRevAndExpnssAmt
Dividends Net Invst Incm$34,937DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$935NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$931,304GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$34,204TotalRevAndExpnssAmt
Total Net Invst Incm$35,139TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$11,514OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$11,514OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$37,177TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$15,427OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$15,427OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$64,118TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$11,514TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$15,427TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$10,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$10,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$74,118TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$11,514TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$25,427TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$39,914ExcessRevenueOverExpensesAmt
Net Investment Income$23,625NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$1,858,866SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$38,889SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$38,889SavAndTempCashInvstEOYFMVAmt
Corporate Stock EOY$1,780,063CorporateStockEOYAmt
Corporate Stock EOYFMV$1,918,519CorporateStockEOYFMVAmt
Total Assets BOY$1,858,866TotalAssetsBOYAmt
Total Assets EOY$1,818,952TotalAssetsEOYAmt
Total Assets EOYFMV$1,957,408TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,858,866RetainedEarningBOYAmt
Retained Earning EOY$1,818,952RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,858,866TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,818,952TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,858,866TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,818,952TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,858,866TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$39,914ExcessRevenueOverExpensesAmt
Subtotal$1,818,952SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,818,952TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$931,304GrossSalesPriceAmt
Cost Or Other Basis$932,239CostOrOtherBasisAmt
Gain Or Loss-$935GainOrLossAmt
Gains Minus Excess Or Losses-$935GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$935CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$0AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$900,498NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.0DistributionYr1Rt
Total Distribution0.0TotalDistributionRt
Average Distribution0.0AverageDistributionRt
Net Vl Noncharitable Assets$1,904,705NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$0AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$236NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$236AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$25,427QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$236InvestmentIncomeExciseTaxAmt
Subtotal$236SubtotalAmt
Tax Based On Investment Income$236TaxBasedOnInvestmentIncomeAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$236TaxDueAmt

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 StateDEOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1co Foundation SourceBusinessNameLine1
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1
CityWilmingtonCity
StateDEState
ZIP Code198091377ZIPCode
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 (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Beth Mace
Foundation Source 501 Silverside RdWilmingtonDE198091377VP / Dir1.0$0
Roy W Mace
Foundation Source 501 Silverside RdWilmingtonDE198091377Pres / Dir / Sec1.0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,472,277AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$461,434AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,933,711TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,933,711AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$29,006CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,904,705NetVlNoncharitableAssetsAmt
Minimum Investment Return$95,235MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$95,235MinimumInvestmentReturnAmt
Tax Based On Investment Income$236TaxBasedOnInvestmentIncomeAmt
Total Tax$236TotalTaxAmt
Distributable Before Adj$94,999DistributableBeforeAdjAmt
Distributable Before Ded$94,999DistributableBeforeDedAmt
Distributable As Adjusted$94,999DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$25,427ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$25,427QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$236PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$25,191AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$94,999DistributableAsAdjustedAmt
Prior Year12011PriorYear1Yr
Prior Year22010PriorYear2Yr
Prior Year32009PriorYear3Yr
Qualifying Distributions$25,427QualifyingDistributionsAmt
Applied To Current Year$25,427AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$69,572UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerBETH MACEContributingManagerNm
Contributing ManagerROY W MACEContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL MULTIPLE SCLEROSIS SOCIETYBusinessNameLine1

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1733 3RD AVE FL 3AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10017ZIPCode
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGeneral & UnrestrictedGrantOrContributionPurposeTxt
Amt$10,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$10,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$202ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$34,937ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$935ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$34,204ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$34,204TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (27 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ALERIAN MLP ETF$26,897$27,788
ALLIANCEBERN HIGH INCOME ADVIS$58,807$58,138
BLACKROCK GLOBAL LONG/SHORT CR$36,930$37,519
DIAMOND HILL LONG SHORT FUND$87,509$99,129
DWS FLOATING RATE PLUS$37,360$37,401
FLEXSHARES GLOBAL UPSTREAM NAT$53,563$53,729
GATEWAY FUND CLASS Y$92,652$96,330
ISHARE MSCI EMU INDX$115,532$140,278
ISHARE MSCI GERMANY$19,022$23,534
ISHARE MSCI UK INDEX$87,980$98,742
ISHARES BARCLAYS 1-3 YR CD BD$74,417$74,666
ISHARES COHEN & STEERS REALTY$59,599$54,247
ISHARES INC MSCI SWITZERLAND$16,859$19,365
ISHARES MSCI PACIFIC EX-JAPAN$59,782$56,964
ISHARES MSCI-JAPAN$82,273$86,607
ISHARES S&P MIDCAP 400 BARRA$33,774$39,867
ISHARES S&P MIDCAP 400 GROWTH$33,932$40,551
ISHARES TRUST RUSSELL 1000 GRO$137,713$160,039
IVY ASSET STRATEGY FUND CL I$35,746$42,212
OPPENHEIMER DEVELOPING MARKETS$207,359$211,707
POWERSHARES DYNAMIC LARGE CAP$105,303$118,157
SPDR S&P DIVIDEND ETF$50,814$57,370
SPDR SER TR BARCLAYS CAP CONV$36,960$38,552
VANGUARD SMALL-CAP GROWTH ETF$32,685$40,848
VANGUARD SMALL-CAP VALUE ETF$35,715$39,630
VANGUARD TOTAL BOND MARKET ETF$79,342$76,128
WISDOMTREE JAPAN DIVIDEND FUND$81,538$89,021

Investments Land Schedule2 InvestmentsLandSchedule2

Land Etc Schedule2 LandEtcSchedule2

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$10,302$10,302
Administrative Set-Up Fee$3,750$3,750
Delaware Incorporation Fees$500$500
IRS Application Fees$850$850
State or Local Filing Fees$25$25

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$11,514Amt
Net Investment Income$11,514NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Excise Tax for 2012CategoryTxt
Amt$37,177Amt

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