MV VISION FELLOWSHIP FUND: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MV VISION FELLOWSHIP FUND (EIN 13-4200820)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-10-02
- IRS object ID
- 201232769349300528
- Schema version
- 2011v1.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-10-02T14:40:33-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061325235 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dylewsky Goldberg & Brenner LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 Oak Street | AddressLine1 |
| City | Stamford | City |
| State | CT | State |
| ZIP Code | 06905 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134200820 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Philip Evans Scholarship Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PHIL | NameControl |
| Phone | 9142422385 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Radio Circle | AddressLine1 |
| City | Mount Kisco | City |
| State | NY | State |
| ZIP Code | 10549 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Nancy McCabe | Name |
| Title | President | Title |
| Phone | 9142422385 | Phone |
| Date Signed | 2012-10-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Lawrence Goldberg | Name |
| PTIN | P01246920 | PTIN |
| Phone | 2039758830 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Radio Circle | AddressLine1 |
| City | Mount Kisco | City |
| State | NY | State |
| ZIP Code | 10549 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 540297 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.philipevansscholars.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1986 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | The primary exempt purpose of The Philip Evans Scholarship Foundation is to provide an extraordinary higher education for selected scholars. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 4 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 880541 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 610000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -119121 | InvestmentIncomePriorYear |
| Investment Income Current Year | 41816 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 107765 | OtherRevenuePriorYear |
| Other Revenue Current Year | -130000 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 869185 | TotalRevenuePriorYear |
| Total Revenue Current Year | 521816 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 498353 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 655493 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 277668 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 260273 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 90917 | OtherExpensePriorYear |
| Other Expenses Current Year | 82562 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 866938 | TotalExpensesPriorYear |
| Total Expenses Current Year | 998328 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2247 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -476512 | RevenuesLessExpensesCY |
| Total Assets BOY | 11050038 | TotalAssetsBOY |
| Total Assets EOY | 10465117 | TotalAssetsEOY |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 11050038 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10465117 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Among 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 246491 | Expense |
| Grants | 142014 | Grants |
| Description | Evans Scholars Program at Swarthmore CollegeIn 2011 the program provided need-based tuition, room and board, computers and opportunity grants for study, internships, volunteer, travel and research to 32 students. Foundation staff traveled bi-weekly to campus for individual counseling and mentorship, and on-campus group events and field trips. The program also organized alumni events and distributed grants to alumni who have established or serve on boards of nonprofit organizations. New Evans Scholars were selected in June. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 522136 | Expense |
| Grants | 441348 | Grants |
| Description | Martha's Vineyard Vision FellowshipIn 2011, the Philip Evans Scholarship Foundation supported 13 individuals form Martha's Vineyard working in fields related to sustainablility 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 gradute degree programs and provided funds for career enhancement activities for professionals in non-degree programs. Foundation staff traveled to Martha's Vineyard in May-August 2011 for group events and meetings. New Vision Fellows were interviewed and selected in March. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 114000 | Expense |
| Grants | 72126 | Grants |
| Description | Elizabeth McCormack Scholars Program at Manhattanville CollegeIn 2011 the McCormack Scholars program supported 9 undergraduate students at Manhattanville College by providing need-based tuition, room and board, computer, and opportunity grants for travel, study, internships, volunteering and research. Foundation staff provided individual counseling and mentorship and organized on and off campus group events. Selection of new McCormack Scholars took place in April. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 882627 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 2 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 4 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Organization | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9142422385 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Radio Circle | AddressLine1 |
| City | Mount Kisco | City |
| State | NY | State |
| ZIP Code | 10549 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (7 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| Jerome Kohlberg | ||||||
| Director | 0.50 | X | 0 | 0 | 0 | |
| Nancy McCabe | ||||||
| Director/President | 5.00 | X | 0 | 0 | 0 | X |
| Nancy S Kohlberg | ||||||
| Director | 0.50 | X | 0 | 0 | 0 | |
| Elizabeth McCormack | ||||||
| Director | 0.50 | X | 0 | 0 | 0 | |
| Karen Davis | ||||||
| Director | 0.50 | X | 0 | 0 | 0 | |
| Jennifer Magnone | ||||||
| V.P/Sect'y/Treas. | 1.00 | 0 | 0 | 0 | X | |
| Carolyn Champ | ||||||
| Executive Director | 40.00 | 116633 | 0 | 30797 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 116633 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 30797 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Related Organizations | 400000 | RelatedOrganizations |
| All Other Contributions | 210000 | AllOtherContributions |
| Total Contributions | 610000 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 60297 | TotalRevenueColumn |
| Exclusion | $60,297 | ExclusionAmount |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18290 | Securities |
| Other | 191 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -18290 | Securities |
| Other | -191 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -18481 | TotalRevenueColumn |
| Exclusion | -$18,481 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Kisco Tax Exempt Inves | Description |
| Business Code | 523000 | BusinessCode |
| Total Revenue Column | -130000 | TotalRevenueColumn |
| Exclusion | -$130,000 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -130000 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 521816 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$88,184 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50500 | Total |
| Program Services | 50500 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 604993 | Total |
| Program Services | 604993 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 152110 | Total |
| Program Services | 106477 | ProgramServices |
| Management And General | 45633 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83903 | Total |
| Program Services | 58732 | ProgramServices |
| Management And General | 25171 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7051 | Total |
| Program Services | 4936 | ProgramServices |
| Management And General | 2115 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1406 | Total |
| Program Services | 984 | ProgramServices |
| Management And General | 422 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15803 | Total |
| Program Services | 11062 | ProgramServices |
| Management And General | 4741 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 193 | Total |
| Management And General | 193 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19828 | Total |
| Management And General | 19828 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 130 | Total |
| Management And General | 130 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10894 | Total |
| Program Services | 4072 | ProgramServices |
| Management And General | 6822 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 889 | Total |
| Program Services | 889 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10248 | Total |
| Program Services | 10229 | ProgramServices |
| Management And General | 19 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23705 | Total |
| Program Services | 23705 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 772 | Total |
| Management And General | 772 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7952 | Total |
| Management And General | 7952 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| Candidate Select/Orient | 6048 | 6048 | |
| State Taxes | 925 | 925 | |
| Repairs & Maintenance | 736 | 736 | |
| Miscellaneous | 147 | 147 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95 | Total |
| Management And General | 95 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 998328 | Total |
| Program Services | 882627 | ProgramServices |
| Management And General | 115701 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74 | BOY |
| EOY | 129 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2641508 | BOY |
| EOY | 2254064 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4955 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4279 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1639 | BOY |
| EOY | 676 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8406817 | BOY |
| EOY | 8210248 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11050038 | BOY |
| EOY | 10465117 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11050038 | BOY |
| EOY | 10465117 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11050038 | BOY |
| EOY | 10465117 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11050038 | BOY |
| EOY | 10465117 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -476512 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -108409 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1070471 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 575000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 460725 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 880541 | CurrentTaxYearMinus1Year |
| Current Tax Year | 610000 | CurrentTaxYear |
| Total | 3596737 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1070471 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 575000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 460725 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 880541 | CurrentTaxYearMinus1Year |
| Current Tax Year | 610000 | CurrentTaxYear |
| Total | 3596737 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1618120 | AmountsSubstContributorsTotal |
| Public Support Total170 | 1978617 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 186653 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 32242 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 163725 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 132320 | CurrentTaxYearMinus1Year |
| Current Tax Year | 36807 | CurrentTaxYear |
| Total | 551747 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 4148484 | TotalSupport |
| Public Support Pertcentage170 | 0.47690 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.63780 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4955 | OtherCostOrOtherBasis |
| Depreciation | 4279 | Depreciation |
| Book Value | 676 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 676 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | KISCO TAX-EXEMPT INVESTORS LLC | Description |
| Book Value | 8210248 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 8210248 | TotalOfBookValueSecurities |
| Total Revenue | 521816 | TotalRevenue |
| Total Expenses | 998328 | TotalExpenses |
| Excess Or Deficit For Year | -476512 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -108409 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -108409 | TotalAdjustments |
| Excess Or Deficit Per FS | -584921 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 413407 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -108409 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -108409 | RevenueNotRptdF990 |
| Revenue Subtotal | 521816 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 521816 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 998328 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 998328 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 998328 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Description of Uncertain Tax Positions Under FIN 48: | Identifier |
| Return Reference | Part X: | ReturnReference |
| Explanation | The Foundation evaluates all significant tax provisions as required by accounting practices generally accepted in the United States of America. As of December 31, 2011, 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. The Foundation is no longer subject to audits by the applicable taxing authorities for the periods prior to 2008. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (9 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| Village Education Project co United Charitable Programs | ||||||||
| 6201 Leesburg Pike Suite 405 | Falls Church | VA | 22044 | 204286082 | 501(c)(3) | 5000 | Evan's Alumni Community Service GrantIntern salary stipends and farm-to-school program outreach | |
| Edgartown's Fireman's Association | ||||||||
| PO Box 737 | Edgartown | MA | 02539 | 222882548 | 501(c)(3) | 5000 | Intern Stipend and public health outreach | |
| Coalron Lyceum | ||||||||
| 118 S Sunset Dr | Lodi | CA | 95240 | 770357404 | 501(c)(3) | 5000 | Evan's Alumni Community Service Grant | |
| The FARM Institute Inc | ||||||||
| PO Box 1868 | Edgartown | MA | 02539 | 043508028 | 501(c)(3) | 6000 | Intern salary stipend and travel to farm-based education programs | |
| Dukes County Martha's Vineyard Fishermen Association | ||||||||
| PO Box 190 | Edgartown | MA | 02539 | 046001422 | 501(c)(3) | 5000 | Intern salary stipend and computer equipment | |
| YMCA of Martha's Vineyard | ||||||||
| 111R Edgartown Vinyard Haven Rd | Oak Bluffs | MA | 02557 | 043293959 | 501(c)(3) | 5000 | Intern salary stipend and program outreach support | |
| Martha's Vineyard Community Services | ||||||||
| 111 Edgartown Road | Vineyard Haven | MA | 025685601 | 042301598 | 501(c)(3) | 7000 | Intern salary stipend and outreach materials | |
| ACE MV Inc | ||||||||
| 80 Chase Road | Edgartown | MA | 02539 | 263371336 | 501(c)(3) | 7500 | Intern salary stipend and overhead | |
| Wampanoag Tribe of Gay Head | ||||||||
| Natural Resources Dept 20 Black | Aquinnah | MA | 02535 | 042549130 | Tribe | 5000 | Intern salary stipend | Brook Rd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 8 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Tuition/Program fee, room and board living expenses (credit and non-credit programs) | 20 | 362662 |
| Opportunity Grants (travel, study abroad and other education enrichment) | 52 | 169080 |
| Sponsor Grants to individuals (intern and mentor stipend) | 22 | 52980 |
| Computer Grants to individuals | 16 | 20271 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: The foundation requires proposals for use of funds, budgets, documentation and receipts. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation for Not Filing Form 990-T | Form 990, Part V, line 3b | All fees and other reported income by the organization were generated by and for the organization's primary exempt purpose and are therefore not subject to unrelated business income tax. |
| Form 990, Part VI, Section A, line 2 | Karen Davis, Jerome Kohlberg and Nancy Kohlberg are members of the same family. Nancy McCabe is an officer and employee of The Kohlberg Foundation, a separate and unrelated entity where Jerome Kohlberg and Karen Davis are directors. | |
| Form 990, Part VI, Section B, line 11 | A 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 12c | Each 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 B, line 15 | There is a compensation committee who reviews all salary actions and recommends to the full board for a vote. We use Council on Foundations salary survey for comparability. | |
| Form 990, Part VI, Section C, line 19 | The 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. | |
| Changes in Net Assets or Fund Balances: | Form 990, Part XI, line 5: | Net unrealized losses on investments: -108,409. |
| Form 990, Part XII, Line 2C | The 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
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| The Kisco Foundation Inc | |||||||||
| 111 Radio Circle | Mount Kisco | NY | 10549 | 611411259 | Provide assistance to other 501(c)(3)'s | NY | 501(c)(3) | 170(b)(1)(A)(vi) | 0 |
| Complementary Care Foundation Inc | |||||||||
| 111 Radio Circle | Mount Kisco | NY | 10549 | 134033353 | Outpatient health treatment facility for general & rehabilitative | NY | 501(c)(3) | 170(b)(1)(A)(vi) | 0 |
| The Campaign for a New GI Bill Inc | |||||||||
| 111 Radio Circle | Mount Kisco | NY | 10549 | 260591347 | To promote improving social welfare of U.S. Veterans | DE | 501(c)(4) | 0 | |
| The Kohlberg Foundation | |||||||||
| 111 Radio Circle | Mount Kisco | NY | 10549 | 133496263 | Supports orgs in the fields of health & medical, education & the environment | NY | 501(c)(3) | PF - Private Foundat | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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