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Nonprofit · EIN 88-1842779

PETER G COLTON MEMORIAL FUND

Tax-exempt · WINCHESTER, MA 01890

Financials

$198K$115K2023
Revenue Expenses · by fiscal year end
Financials of PETER G COLTON MEMORIAL FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$198,070$115,204$82,866$220,781$0$220,781
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$25,218
Program service revenue
$0
Investment income
$5,012
Net income from fundraising events
$167,840
Other revenue
$167,840

Expenses

Grants and similar amounts paid
$50,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$115,204

Balance sheet and other

Total assets, start of year
$137,915
Total assets, end of year
$220,781
Total liabilities, end of year
$0
Net assets, end of year
$220,781
Gross receipts
$198,070
Employees
0
Volunteers
0
Year formed
2022
State of legal domicile
MA

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 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Anna ColtonDirector
Trustee or director
2$0
Tim ColtonDirector
Trustee or director
1$0
Gen CorcoranDirector
Trustee or director
0.5$0
Jessica McCourtDirector
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
10 WINCHESTER PLACE, WINCHESTER, MA 01890-2858
In care of
% ANNA COLTON
Mailing address (990-N for 2025)
10 Winchester Place, Winchester MA 01890
Principal officer (990 for 2023)
Anna Colton, 10 Winchester Place Unit 103, Winchester, MA 01890
Principal officer (990-N for 2025)
Anna Colton, 10 Winchester Place, Winchester MA 01890
Signed the 990
Anna Colton, Director
Phone
(617) 620-9720
Return prepared by
RICHARD KOHN

Mission

The Peter G Colton Memorial Fund has been organized to provide scholarships for educational pursuits. The initial goal is to establish a scholarship fund at the University of Massachusetts for scholar-athletes in the Umass football program. The memorial fund may be expanded in the future to support other educational institutions. Any funds awarded will be given directly to the educational institution to grant scholarships or awards in their sole discretion. The organization is organized exclusively for charitable purposes under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.

990 for the year ended December 31, 2023

Program accomplishments

  • Fund Raising for second annual charity golf tournament. Revenue generated was from donations, sponsorships, tshirt sales, and golf registration fees.
    Expenses $115,204 · grants $50,000 · revenue $193,058

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-1842779
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Anna Colton
December 31, 2025≤ $50,000 receipts––e-Postcard
990December 2023$198,070$115,204$220,781XML
990December 2022$304,777$166,862$137,915IRS

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 88-1842779).

Questions about PETER G COLTON MEMORIAL FUND

What is the EIN of PETER G COLTON MEMORIAL FUND?
The employer identification number (EIN) of PETER G COLTON MEMORIAL FUND is 88-1842779.
Is PETER G COLTON MEMORIAL FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to PETER G COLTON MEMORIAL FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PETER G COLTON MEMORIAL FUND file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PETER G COLTON MEMORIAL 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 PETER G COLTON MEMORIAL FUND last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of PETER G COLTON MEMORIAL FUND?
The 990 for the year ended December 31, 2023 names Anna Colton.
Who are the officers and directors of PETER G COLTON MEMORIAL FUND?
The 990 for the year ended December 31, 2023 lists 4 people; 0 received compensation from the organization.
How much revenue does PETER G COLTON MEMORIAL FUND have?
On its 990 for the year ended December 31, 2023 it reported revenue of $198,070, expenses of $115,204 and total assets of $220,781 at year end.

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