Nonprofit · EIN 85-0541021
HAZEL AND MARK E MASTERSON JR SCHOLARSHIP FUND
Tax-exempt · GILBERT, AZ 85233
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $3,800 | $3,780 | $20 | $5,020 | $0 | $5,020 |
| December 31, 2024 | 990-PF | $3,636 | $3,700 | -$64 | $5,000 | $0 | $5,000 |
| December 31, 2023 | 990-PF | $8,800 | $8,780 | $20 | $5,064 | $0 | $5,064 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,800
Expenses
- Grants and similar amounts paid
- $3,500
- Disbursements for charitable purposes
- $3,780
Balance sheet and other
- Total assets, start of year
- $5,000
- Total assets, end of year
- $5,020
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,020
- Fair market value of assets
- $5,020
- Qualifying distributions
- $3,780
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GINA TOLIVER 1077 WEST HORSESHOE AVE, GILBERT, AZ 85233 | PRESIDENT | 1 | $0 |
| PEGGY ANSON 39 CASTLE HILL LANE, BRIDGEWATER, CT 06752 | VP | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GINA TOLIVER 1077 WEST HORSESHOE AVE, GILBERT, AZ 85233 | PRESIDENT | 1 | $0 |
| PEGGY ANSON 39 CASTLE HILL LANE, BRIDGEWATER, CT 06752 | VP | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GINA TOLIVER 1077 WEST HORSESHOE AVE, GILBERT, AZ 85233 | PRESIDENT | 1 | $0 |
| PEGGY ANSON 39 CASTLE HILL LANE, BRIDGEWATER, CT 06752 | VP | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1077 W HORSESHOE AVE, GILBERT, AZ 85233-5265
- In care of
- % GINA M TOLIVER
- Signed the 990-PF
- GINA TOLIVER, PRESIDENT
- Phone
- (301) 717-3362
- Return prepared by
- Nicholas T Cipolla
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 85-0541021
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $5,020
- Income (IRS master file)
- $3,800
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $3,800 | $3,780 | $5,020 | XML |
| 990-PF | December 2024 | $3,636 | $3,700 | $5,000 | XML |
| 990-PF | December 2023 | $8,800 | $8,780 | $5,064 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-0541021).
Questions about HAZEL AND MARK E MASTERSON JR SCHOLARSHIP FUND
- What is the EIN of HAZEL AND MARK E MASTERSON JR SCHOLARSHIP FUND?
- The employer identification number (EIN) of HAZEL AND MARK E MASTERSON JR SCHOLARSHIP FUND is 85-0541021.
- Is HAZEL AND MARK E MASTERSON JR SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to HAZEL AND MARK E MASTERSON JR SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HAZEL AND MARK E MASTERSON JR SCHOLARSHIP FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HAZEL AND MARK E MASTERSON JR SCHOLARSHIP FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HAZEL AND MARK E MASTERSON JR SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of HAZEL AND MARK E MASTERSON JR SCHOLARSHIP FUND?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does HAZEL AND MARK E MASTERSON JR SCHOLARSHIP FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,800, expenses of $3,780 and total assets of $5,020 at year end.
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