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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 92-2388525

FREDERICK J BENSON SCHOLARSHIP FUND

Tax-exempt · BLOCK ISLAND, RI 02807

Financials

$24K$22K2023
Revenue Expenses · by fiscal year end
Financials of FREDERICK J BENSON SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-PF$24,037$22,435$1,602$197,346$0$197,346
Financial details: 990-PF for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$10,468
Dividends
$2,592
Interest
$452
Net gain from sales of assets
$10,525

Expenses

Grants and similar amounts paid
$20,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$20,000
Excise tax on investment income
$168

Balance sheet and other

Total assets, start of year
$195,858
Total assets, end of year
$197,346
Total liabilities, end of year
$0
Net assets, end of year
$197,346
Fair market value of assets
$242,860
Qualifying distributions
$20,000
Net investment income
$13,569

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
MICHELE PHELAN
C/O P O BOX 1885, BLOCK ISLAND, RI 02807
PRESIDENT1$0
GAIL BALLARD-HALL
P O BOX 90, BLOCK ISLAND, RI 02807
TREASURER1$0

Address and contacts

Address (IRS master file)
PO BOX 276, BLOCK ISLAND, RI 02807-0276
Mailing address (990-N for 2024)
PO BOX 276, BLOCK ISLAND RI 02807
Principal officer (990-N for 2024)
MICHAEL PHELAN, PO BOX B-2 PAYNE FARM, BLOCK ISLAND RI 02807
Signed the 990-PF
GAIL BALLARD-HALL, TREASURER
Phone
(401) 741-7001
Return prepared by
ELAINE S OLIVER CPA

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, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-PF on file

File the 2025 990-N for FREDERICK J BENSON SCHOLARSHIP FUND

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
92-2388525
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: MICHAEL PHELAN
December 31, 2024≤ $50,000 receipts––e-Postcard
990-PFDecember 2023$24,037$22,435$197,346XML

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 92-2388525).

Questions about FREDERICK J BENSON SCHOLARSHIP FUND

What is the EIN of FREDERICK J BENSON SCHOLARSHIP FUND?
The employer identification number (EIN) of FREDERICK J BENSON SCHOLARSHIP FUND is 92-2388525.
Is FREDERICK J BENSON SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to FREDERICK J BENSON SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREDERICK J BENSON SCHOLARSHIP FUND file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FREDERICK J BENSON SCHOLARSHIP FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FREDERICK J BENSON SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of FREDERICK J BENSON SCHOLARSHIP FUND?
The 990-N for 2024 names MICHAEL PHELAN.
Who are the officers and directors of FREDERICK J BENSON SCHOLARSHIP FUND?
The 990-PF for the year ended December 31, 2023 lists 2 people; 0 received compensation from the organization.
How much revenue does FREDERICK J BENSON SCHOLARSHIP FUND have?
On its 990-PF for the year ended December 31, 2023 it reported revenue of $24,037, expenses of $22,435 and total assets of $197,346 at year end.

Other nonprofits in BLOCK ISLAND

All nonprofits in BLOCK ISLAND · Rhode Island · Education