2024-05-07T09:01:18-05:00 2023-12-31 346565596 ERNST & YOUNG US LLP 2100 E CARY ST SUITE 201 RICHMOND VA 23223 990 2023-01-01 136074605 ALSTEAD HIGH SCHOOL ALSTEAD NH ALST 8026601494 1100 NORTH MARKET STREET WILMINGTON DE 198900001 BRENT HEINTZELMAN SVP 8026601494 2024-05-01 true BRENT HEINTZELMAN true SANDRA MURPHY P01252209 8043446000 2024-05-01 2023 2023-04-26 12:10:37Z 148649 false X N/A X 1931 NY TO PROVIDE NET INCOME THAT IS PAID SEMI-ANNUALLY TO THE TOWN OF ALSTEAD,NH, TO BE USED FOR THE MAINTENANCE OF SAID SCHOOL BUILDING AND SCHOOL CONDUCTED THEREIN. 0 0 0 0 0 0 0 45318 28149 0 45318 28149 35537 11389 0 6285 5893 0 0 1064 1111 42886 18393 2432 9756 592573 602219 0 0 592573 602219 TO PROVIDE NET INCOME THAT IS PAID SEMI-ANNUALLY TO THE TOWN OF ALSTEAD,NH, TO BE USED FOR THE MAINTENANCE OF SAID SCHOOL BUILDING AND SCHOOL CONDUCTED THEREIN. false false 18393 11389 NET INCOME OF THE TRUST IS PAID TO Al STEAD HIGH SCHOOL, PER T/U/W. 18393 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 false 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 MT BANK TRUST CORPORATION TRUSTEE 1.0 X 5893 0 0 5893 0 0 false false false 18201 18201 130448 120500 9948 9948 9948 28149 9948 18201 11389 11389 5893 5893 900 900 211 211 18393 11389 7004 0 225 232 6214 27400 586134 574587 592573 602219 0 0 X 592573 602219 592573 602219 592573 602219 X 9756 -110 X false false false X X X 1 FALL MOUNTAIN SCHOOL 020269789 7 true 11389 0 1 11389 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 School District and the Town of Alstead have a historic and ongoing relationship with the Trust and the trustee, which includes regular meetings. This gives the School District a significant voice inthe Trusts activities. Through this, the School District maintains a close and continuing working relationship with the Trusts trustee. The Trust annually provides a written notice SECTION D PART 2 AND 3 cont. describing the type and amount of all support provided to the supported organization during the supported organizations tax year ad the Trust takes into account input the School District may have regarding investments and distributions. SECTION E. PART C Distributions are made to Fall Mountain Regional School District, a governmental entity that operates the school of the Town of Alstead, New Hampshire. These distributions are for the School Districts operation of the school, and consequently are for governmental and educational purposes. 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 organization, a government entity, for the support and maintenance of the school. SCH A PART V CONT. (ii) The Trust was created prior to November 20, 1970, and did not receive any grant,contribution, bequest of other transfer on or after such date. (iii) Per Part Fifteenth of the last will and testament, the Trust is required to distribute its income to the Fall Mountain Regional School District, which has assumed operation of the school from the Town of Alstead. SCH A PART V CONT. This describes the charitable purposes of the trust so completely that such description can apply to only the existing supported organization and is of sufficient particularity as to vest in the School District rights against the Trust enforceable in court possessing equitable powers. (iv) The trustee does not have discretion to vary either the beneficiary supported organizations or SCH A PART V CONT. the amounts payable to the supported organizations. (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 990 IS REVIEWED BY THE TRUSTEE 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. EXPLANATION FOR FORM 990, PART XI, LINE 9 2022 TRANSACTION POSTED IN 2023 593.43/2023 TRNASACTION POSTED IN 2024 -755.36/ADJUSTMENT TO INCOME 2.51/ROC ADJUSTMENT FOR -50.38/ROUNDING -2.64