Nonprofit · EIN 14-6089372
BERNARD W MCCORMICK SCHOLARSHIP FUND TR
Tax-exempt · ITHACA, NY 14851
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $43,713 | $25,446 | $18,267 | $446,076 | $0 | $446,076 |
| December 31, 2024 | 990-PF | $21,567 | $25,959 | -$4,392 | $427,689 | $0 | $427,689 |
| December 31, 2023 | 990-PF | $50,019 | $28,896 | $21,123 | $432,021 | $0 | $432,021 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $11,740
- Net gain from sales of assets
- $31,973
Expenses
- Grants and similar amounts paid
- $17,500
- Compensation of officers, directors and key employees
- $6,137
- Disbursements for charitable purposes
- $19,000
- Excise tax on investment income
- $518
Balance sheet and other
- Total assets, start of year
- $427,689
- Total assets, end of year
- $446,076
- Total liabilities, end of year
- $0
- Net assets, end of year
- $446,076
- Fair market value of assets
- $511,730
- Qualifying distributions
- $19,000
- Net investment income
- $43,713
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 |
|---|---|---|---|
| TOMPKINS COMMUNITY BANK PO BOX 6437, ITHACA, NY 14851 | TRUSTEE | 1 | $6,137 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOMPKINS COMMUNITY BANK PO BOX 6437, ITHACA, NY 14851 | TRUSTEE | 1 | $5,880 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA PO BOX 653067, DALLAS, TX 752653067 | TRUSTEE | 1 | $3,010 |
| TOMPKINS COMMUNITY BANK PO BOX 6437, ITHACA, NY 14851 | SUCCESSOR TRUSTEE | 1 | $1,574 |
Address and contacts
- Address (IRS master file)
- PO BOX 6437, ITHACA, NY 14851-6437
- In care of
- % BANK OF AMERICA N A
- Signed the 990-PF
- TAMARA S AMICI, VP AND FID SERV
- Phone
- (800) 274-4003
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
- 14-6089372
- 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
- 1975
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $446,076
- Income (IRS master file)
- $203,304
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $43,713 | $25,446 | $446,076 | IRS |
| 990-PF | December 2024 | $21,567 | $25,959 | $427,689 | IRS |
| 990-PF | December 2023 | $50,019 | $28,896 | $432,021 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 14-6089372).
Questions about BERNARD W MCCORMICK SCHOLARSHIP FUND TR
- What is the EIN of BERNARD W MCCORMICK SCHOLARSHIP FUND TR?
- The employer identification number (EIN) of BERNARD W MCCORMICK SCHOLARSHIP FUND TR is 14-6089372.
- Is BERNARD W MCCORMICK SCHOLARSHIP FUND TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to BERNARD W MCCORMICK SCHOLARSHIP FUND TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BERNARD W MCCORMICK SCHOLARSHIP FUND TR file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BERNARD W MCCORMICK SCHOLARSHIP FUND TR 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 BERNARD W MCCORMICK SCHOLARSHIP FUND TR 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 BERNARD W MCCORMICK SCHOLARSHIP FUND TR?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $6,137 (TOMPKINS COMMUNITY BANK, TRUSTEE).
- How much revenue does BERNARD W MCCORMICK SCHOLARSHIP FUND TR have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $43,713, expenses of $25,446 and total assets of $446,076 at year end.
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