Totals
- Total revenue
- $15,699
- Total expenses
- $16,322
- Contributions and grants received
- not reported
- Grants paid
- $10,350
- Program service revenue
- not reported
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- $6,516
- Gain or loss on sale of assets (line 5c)
- $9,183
- Gaming and fundraising events, net (line 6d)
- not reported
- Gross profit on inventory sales (line 7c)
- not reported
- Other revenue (line 8)
- not reported
- Total assets, end of year
- $353,728
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $353,728
- Program service expenses (Part III)
- $11,350
Program services were 69.5% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2022
Primary exempt purpose
SCHOLARSHIP FUND FOR LOVELL, MAINE STUDENTS.
-
THE FOUNDATION ISSUES POST-SECONDARY SCHOLARSHIPS TO FINANCIALLY NEEDY STUDENTS OF LOVELL, MAINE AS DETERMINED BY THE TOWN GOVERNING BODY.
Expenses $11,350 · Grants $10,350
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part IV
-
Michael G FriedmanMICHAEL G FRIEDMAN
TRUSTEE
- Total calculated
- $2,000
- Compensation
- $2,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 1
-
John JonesJOHN JONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephen GoldsmithSTEPHEN GOLDSMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert DrewROBERT DREW
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2022
- Filed
- 26 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202331609349200418
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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