Nonprofit · EIN 01-0504173
MARGARET & DON MATHESON SCHOLARSHIP FUND
Tax-exempt · PORTLAND, ME 04101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $72,592 | $42,016 | $30,576 | $762,096 | $0 | $762,096 |
| December 31, 2024 | 990-PF | $89,114 | $47,423 | $41,691 | $731,520 | $0 | $731,520 |
| December 31, 2023 | 990-PF | $19,763 | $42,176 | -$22,413 | $689,829 | $0 | $689,829 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $20,926
- Interest
- $2,268
- Net gain from sales of assets
- $49,398
Expenses
- Grants and similar amounts paid
- $32,928
- Compensation of officers, directors and key employees
- $7,737
- Disbursements for charitable purposes
- $36,523
- Excise tax on investment income
- $934
Balance sheet and other
- Total assets, start of year
- $731,520
- Total assets, end of year
- $762,096
- Total liabilities, end of year
- $0
- Net assets, end of year
- $762,096
- Fair market value of assets
- $867,157
- Qualifying distributions
- $36,523
- Net investment income
- $72,592
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 |
|---|---|---|---|
| PORTLAND TRUST CO LLC 2 MONUMENT SQUARE SUITE 703, PORTLAND, ME 04101 | TRUSTEE | 2 | $7,737 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA NA PO BOX 653067, DALLAS, TX 752653067 | TRUSTEE | 2 | $7,204 |
| PORTLAND TRUST CO LLC 2 MONUMENT SQUARE SUITE 703, PORTLAND, ME 04101 | TRUSTEE | 2 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA PO BOX 653067, DALLAS, TX 752653067 | TRUSTEE | 1 | $8,201 |
Address and contacts
- Address (IRS master file)
- 2 MONUMENT SQ STE 703, PORTLAND, ME 04101-6049
- In care of
- % CHESTER W STERCZEK
- Signed the 990-PF
- PORTLAND TRUST CO LLC, TRUSTEE
- Phone
- (207) 558-6220
- Return prepared by
- D MARTINES & ASSOCIATES LLC
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
- 01-0504173
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $762,096
- Income (IRS master file)
- $234,211
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $72,592 | $42,016 | $762,096 | XML |
| 990-PF | December 2024 | $89,114 | $47,423 | $731,520 | IRS |
| 990-PF | December 2023 | $19,763 | $42,176 | $689,829 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 01-0504173).
Questions about MARGARET & DON MATHESON SCHOLARSHIP FUND
- What is the EIN of MARGARET & DON MATHESON SCHOLARSHIP FUND?
- The employer identification number (EIN) of MARGARET & DON MATHESON SCHOLARSHIP FUND is 01-0504173.
- Is MARGARET & DON MATHESON SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to MARGARET & DON MATHESON SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARGARET & DON MATHESON SCHOLARSHIP FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARGARET & DON MATHESON 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 MARGARET & DON MATHESON 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 MARGARET & DON MATHESON SCHOLARSHIP FUND?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $7,737 (PORTLAND TRUST CO LLC, TRUSTEE).
- How much revenue does MARGARET & DON MATHESON SCHOLARSHIP FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $72,592, expenses of $42,016 and total assets of $762,096 at year end.
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