2024-05-07T09:01:17-05:00 2023-12-31 346565596 ERNST & YOUNG US LLP 2100 E CARY ST SUITE 201 RICHMOND VA 23223 990 2023-01-01 136074606 ALSTEAD TOWN OF CHURCHES TOWN 8026601494 1100 NORTH MARKET STREET WILMINGTON DE 198900001 BRENT HEINTZELMAN SVP 8026601494 2024-05-02 true BRENT HEINTZELMAN true SANDRA MURPHY P01252209 8043446000 2024-05-02 2023 2023-04-26 12:10:37Z 50706 false X N/A X 1931 NY TO PROVIDE NET INCOME THAT IS TO BE PAID SEMIANNUALLY IN EQUAL SHARES AMONGT HE THREE CONGREGATIONAL CHURCHES NOW EXISTING IN ALSTEAD, NH. "TO BE APPLIED BY THE PROPER OFFICERS THEREOF TO THE PURPOSES SAID CHURCHES 0 0 0 0 0 0 0 14038 12940 0 14038 12940 6937 8467 0 4500 4500 0 0 968 1046 12405 14013 1633 -1073 265567 264444 0 0 265567 264444 TO PROVIDE NET INCOME THAT IS TO BE PAID SEMIANNUALLY IN EQUAL SHARES AMONGT HE THREE CONGREGATIONAL CHURCHES NOW EXISTING IN ALSTEAD, NH. "TO BE APPLIED BY THE PROPER OFFICERS THEREOF TO THE PURPOSES SAID CHURCHES false false 14013 8467 INCOME PAYABLE TO THE CHURCHES OF ALSTEAD, NH PER TERMS OF THE TRUST. 14013 true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false 0 0 true 0 false false false false false false false false false false false false false X 0 0 false false false false false false false true true false false true true true true false true false true false NY X M&T BANK TRUST CORPORATION ATTN STEWART POLLAC 3026518988 1100 NORTH MARKET STREET WILMINGTON DE 19890 PEOPLES UNITED BANK N A TRUSTEE X 0 0 0 M&T BANK TRUST CORPORATION TRUSTEE X 4500 0 0 4500 0 0 false false false 7221 7221 43485 37766 5719 5719 12940 7221 8467 8467 4500 4500 900 900 146 146 14013 8467 5546 0 98 248 18804 12877 246665 251319 265567 264444 0 0 X 265567 264444 265567 264444 265567 264444 X -1073 -50 X false false false X X X 3 1st CONGREGATIONAL CHURCH 026007415 1 true 2822 0 2ND CONGREGATIONAL CHURCH 026010051 1 true 2822 0 3RD CONGREGATIONAL CHURCH 020500151 1 true 2822 0 3 8466 0 true false false false false false false false false false false false false false false true false true X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SECTION D PART 2 AND 3 The churches have a historic and ongoing relationship with the Trust through regular meetings between Trust and church representatives,which gives the beneficiaries a significant voice in the Trusts activities. Through this, the churches maintain a close and continuing working relationship with the Trusts trustee. The Trust annually provides the supported organizations with written PART V Since its formation, the Trust has operated in close connection with its supported organizations, with representatives of the Trust and the supported organizations meeting regularly. In addition, the Trusts ongoing relationship with the supported organizations includes taking into account the churches' input on investment of the Trust assets and/or the timing of the distributions yearly. SECTION D PART 2 AND 3 CONT. notice describing the type and amount of allsupport provided to the supported organization during the supported organizations tax year andthe Trust takes into account input the beneficiaries may have. SECTION V Since its formation, the Trust has operated in close connection with its supported organizations, with representatives of the Trust and the supported organizations meeting regularly. In addition, the Trusts ongoing relationship with the supported organizations includes taking into account the churches' input on investment of the Trust assets and/or the timing of the distributions yearly. SCH A PART V The Trust meets the requirements set forth in Regulations Section 1.509(a)-4(i)(9)(i)-(v) as follows: (i) All the unexpired interests in the Trust are devoted to one or more purposes described inSection 170(c)(1) and (c)(2)(B) as the Trusts sole distributions are to its supported organizations, religious entities, for the religious purposes for which they were formed.(ii) The Trust was created prior SCH A PART V CIONT. to November 20, 1970, and did not receive any grant, contribution, bequest of other transfer on or after such date. (iii) Per Part Tenth of the last will and testament, the Trust is required to distribute its income to the three Congregational Churches of the Town of Alstead, New Hampshire (the Universalist church no longer exists). This describes the charitable purposes of the trust so SCH A PART V CONT. completely that such description can apply to only the existing supported organizations and is of sufficient particularity as to vest in such organization rights against the Trust enforceable incourt possessing equitable powers. (iv) The trustee does not have discretion to vary either the beneficiary supported organizationsor the amounts payable to the supported organizations. SCH A PART V CONT. (v) None of the trustees would be disqualified persons within the meaning of section 4946(a) with respect to the Trust if such Trust were treated as a private foundation. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a Due to Regulation 9 governance this trust is to be reviewed at the very least annually to ensure its compliance with the regulation and all meetings are documented. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b Each committee at the annual meeting is required to document its actions as it pertains to this trust. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW The Form 990 is prepared by the Trustee's Tax Department after consultation with the trust officer. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c This Organization is a trust having as its trustee Wilmington Trust Company. WTC is a wholly owned subsidiary of M&T Bank Corporation. M&T has a written code of business conduct and ethics to which all employees are subject. WTC Personnel are subject to that policy as well as a separate WTC conflicts of interest policy. All WTC Personnel are required to take and sign off on completion of an online course on the M&T Code of Business Conduct and Ethics Annually. FORM 990, PAGE 6, PART VI, LINE 15b The Bank as Trustee Receives Trustee Fees Determined by the governing instrument and/or state law. FORM 990, PAGE 6, PART VI, LINE 19 These documents can be located on the Investor Relations link. Financial statements, per se, are not drafted for the organization, but the form 990 itself conveys that information and is widely disseminated on the world wide web. The Governing Document of the Organization is available upon Request. FORM 990, PAGE 7, PART VII, SECTION A M&T BANK TRUST CORPORATION - AS NEEDED , ANY TIME. EXPLANATION FOR FORM 990, PART XI, LINE 9 2023 Transaction Posted in 2024 -321.15/2022 Transaction Posted in 2023 288.31/Cost Basis Adjustment -.17/Total to Form 990 Part XI Line 9 -50