Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
THE MCININCH SCHOLARSHIP FUND 407385012
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 477   Room/suite
City or town, state, and ZIP code
CONCORD, NH033020477
A Employer identification number

02-6076262
B Telephone number (see instructions)

(603) 229-5990
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,564,636J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 42,250 42,250  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 11,254
b Gross sales price for all assets on line 6a 163,285
7 Capital gain net income (from Part IV, line 2)... 11,254
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 53,504 53,504  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 17,922 17,922    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 6,739 468   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 75 75    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 24,736 18,465 0 0
25 Contributions, gifts, grants paid........ 75,000 75,000
26 Total expenses and disbursements. Add lines 24 and 25 99,736 18,465 0 75,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -46,232
b Net investment income (if negative, enter -0-) 35,039
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 44,735 74,699 74,699
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 134,663 Click to see attachment104,985 101,934
b Investments—corporate stock (attach schedule)........ 889,341 Click to see attachment851,963 1,128,572
c Investments—corporate bonds (attach schedule)........ 259,927 Click to see attachment250,783 259,431
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,328,666 1,282,430 1,564,636
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 1,328,666 1,282,430
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,328,666 1,282,430
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,328,666 1,282,430
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 1,328,666
2 Enter amount from Part I, line 27a..................... 2 -46,232
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 1,282,434
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 4
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 1,282,430
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 390. AT&T INC   2008-12-26 2012-02-14
b 150. AMERICAN EXPRESS CO   2003-07-25 2012-02-14
c 300. HEWLETT PACKARD   2009-01-20 2012-03-26
d 15000. U S TREASURY NOTE 3.125% 05/15/2019 DTD 05/15/09   2011-03-29 2012-04-03
e 15000. U S TREASURY BOND 2.625% 08/15/2020 DTD 08/15/10   2011-06-21 2012-04-03
270. ULTRA PETROLEUM CORP   2009-12-16 2012-05-02
145. PHILLIPS 66   2009-01-20 2012-05-15
30. AFLAC INC   2012-02-14 2012-06-12
20. ABBOTT LABORATORIES   2010-01-12 2012-06-12
20. AMERICAN EXPRESS CO   2003-07-25 2012-06-12
30. ANALOG DEVICES INC   2009-02-27 2012-06-12
20. APACHE CORP COM   2012-05-02 2012-06-12
20. AUTODESK INC   2008-12-26 2012-06-12
20. AUTOMATIC DATA PROCESSING INC   2008-12-26 2012-06-12
30. BANK OF NEW YORK MELLON CORP COM   2011-02-11 2012-06-12
33.061 BUFFALO SMALL CAP FD #1444   2011-03-04 2012-06-12
10. CHEVRONTEXACO CORP   2008-12-26 2012-06-12
50. CISCO SYSTEMS INC   2012-03-26 2012-06-12
10. COLGATE PALMOLIVE   2012-05-15 2012-06-12
20. CONOCOPHILLIPS   2012-05-02 2012-06-12
20. WALT DISNEY CO   2007-02-20 2012-06-12
50. E M C CORP MASS   2009-01-20 2012-06-12
10. EMERSON ELECTRIC CO   2010-01-12 2012-06-12
10. EXXON MOBIL CORP   1989-03-07 2012-06-12
30. GENERAL ELECTRIC   1990-07-05 2012-06-12
30. HOME DEPOT INC   2011-05-09 2012-06-12
20. ILLINOIS TOOL WKS INC   2008-12-26 2012-06-12
50. INTEL CORP   2012-03-26 2012-06-12
30. J P MORGAN CHASE & CO   2008-12-26 2012-06-12
10. JOHNSON & JOHNSON   2008-12-26 2012-06-12
10. MCDONALDS CORP   2011-05-09 2012-06-12
20. MEDTRONIC INC   1999-05-12 2012-06-12
40. MICROSOFT CORP   2012-03-26 2012-06-12
10. MONSANTO CO NEW   2008-12-26 2012-06-12
20. ORACLE CORP   2011-02-11 2012-06-12
10. PEPSICO   2012-05-15 2012-06-12
10. PHILIP MORRIS INTL INC COM   2008-12-26 2012-06-12
10. PROCTER & GAMBLE CO   2004-07-22 2012-06-12
10. QUEST DIAGNOSTICS INC COM   2008-12-26 2012-06-12
10. SEMPRA ENERGY COMMON   2008-12-26 2012-06-12
10. SIGMA ALDRICH CORP   2009-01-20 2012-06-12
20. SOUTHERN CO   2009-01-20 2012-06-12
10. STATE STREET CORP COM   2008-12-26 2012-06-12
20. 3M CO   2003-01-31 2012-06-12
10. UNITED PARCEL SVC INC CL B   2009-02-27 2012-06-12
20. UNITED TECHNOLOGIES   2008-12-26 2012-06-12
10. UNITEDHEALTH GROUP INC COM   2003-01-31 2012-06-12
10. VERIZON COMMUNICATIONS   2008-12-26 2012-06-12
10. WALMART STORES, INC   2008-12-26 2012-06-12
40. WELLS FARGO & COMPANY COM NEW   2012-02-14 2012-06-12
10. YUM BRANDS INC   2011-05-09 2012-06-12
10. ZIMMER HLDGS INC   2009-02-27 2012-06-12
40. PHILIP MORRIS INTL INC COM   2008-12-26 2012-08-06
60. SIGMA ALDRICH CORP   2009-01-20 2012-08-06
15000. CONOCOPHILLIPS 4.750% 02/01/2014 DTD 02/03/09   2009-07-08 2012-08-21
25000. DUPONT DE NEMOURS 4.750% 11/15/2012 DTD 11/12/02   2004-01-27 2012-11-15
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 11,708   10,955 753
b 7,793   5,971 1,822
c 7,103   10,029 -2,926
d 16,439   14,958 1,481
e 15,733   14,719 1,014
5,094   13,718 -8,624
4,618   3,037 1,581
1,214   1,450 -236
1,236   1,108 128
1,126   796 330
1,113   567 546
1,658   1,909 -251
643   379 264
1,070   765 305
615   967 -352
898   906 -8
1,004   705 299
836   1,037 -201
999   1,008 -9
1,092   1,095 -3
923   692 231
1,217   527 690
469   446 23
809   93 716
581   176 405
1,559   1,111 448
1,107   683 424
1,321   1,408 -87
1,004   891 113
631   586 45
874   796 78
752   702 50
1,166   1,298 -132
793   678 115
539   669 -130
683   674 9
850   425 425
625   533 92
553   503 50
668   402 266
710   368 342
943   701 242
431   361 70
1,727   1,248 479
761   410 351
1,489   1,023 466
576   220 356
427   312 115
675   554 121
1,245   1,207 38
634   542 92
603   351 252
3,706   1,700 2,006
4,256   2,206 2,050
15,874   15,763 111
25,000   25,693 -693
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       753
b       1,822
c       -2,926
d       1,481
e       1,014
      -8,624
      1,581
      -236
      128
      330
      546
      -251
      264
      305
      -352
      -8
      299
      -201
      -9
      -3
      231
      690
      23
      716
      405
      448
      424
      -87
      113
      45
      78
      50
      -132
      115
      -130
      9
      425
      92
      50
      266
      342
      242
      70
      479
      351
      466
      356
      115
      121
      38
      92
      252
      2,006
      2,050
      111
      -693
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 11,254
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 60,000 1,522,546 0.039408
2010 60,000 1,441,110 0.041635
2009 69,435 1,311,370 0.052948
2008 99,887 1,670,353 0.0598
2007 99,001 1,963,504 0.050421
2 Total of line 1, column (d) ...................... 2 0.244212
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.048842
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 1,533,967
5 Multiply line 4 by line 3....................... 5 74,922
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 350
7 Add lines 5 and 6......................... 7 75,272
8 Enter qualifying distributions from Part XII, line 4.............. 8 75,000
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 701
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 701
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 701
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 3,628
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,628
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,927
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet704 Refunded Bullet 11 2,223
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNH
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletTD Bank NA Telephone no.bullet (603) 229-5990
    Located atbullet143 NORTH MAIN STREETCONCORDNH ZIP+4bullet03301
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    TD Bank NA CoTrustee
    1     		7,922    
    PO BOX 477
    Concord,NH033020477
    Douglas McIninch CoTrustee
    1     		10,000    
    6 Hawk Drive
    Bedford,NH03110
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,514,852
    b
    Average of monthly cash balances.......................
    1b
    42,475
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,557,327
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,557,327
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    23,360
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,533,967
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    76,698
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    76,698
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    701
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    701
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    75,997
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    75,997
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    75,997
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    75,000
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    75,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    75,000
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 75,997
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:2010, 20, 20 0
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 0
    b From 2008....... 0
    c From 2009....... 843
    d From 2010....... 0
    e From 2011....... 0
    fTotal of lines 3a through e......... 843
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 75,000
    a Applied to 2011, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2012 distributable amount..... 75,000
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2012. 843 843
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		154
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2008.... 0
    b Excess from 2009.... 0
    c Excess from 2010.... 0
    d Excess from 2011.... 0
    e Excess from 2012.... 0
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ANDREW NTAPALIS
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    HEIDI COLLEEN HARRIS
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    SAMUEL BHUTTO
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    EMMA AMBROGI
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    CHRISTINA DENBOW
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    DEANNA LEA NICKERSON
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    OLIVIA ASHBY
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    CASEY GEDDES
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    JESSICA MEALEY
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    EMILY SANSAVERINO
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    JOSHUA ALLARD
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    LAURA GALLAGHER
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    SAMUEL JACOB FRIEDMAN COWAN
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03104     		NONE NONE SCHOLARSHIP 5,000
    MICHELLE GARDNER
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03014     		NONE NONE SCHOLARSHIP 5,000
    SUSAN OLIVIA GUNTHER
    C/O MCININCH SCHOLARSHIP
    MANCHESTER,NH03014     		NONE NONE SCHOLARSHIP 5,000
    Total .................................bullet 3a 75,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 42,250  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 11,254  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   53,504  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1353,504
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    THE MCININCH SCHOLARSHIP FUND 407385012
    EIN: 02-6076262
    Name of Bond End of Year Book Value End of Year Fair Market Value
    10000 CATERPILLAR FIN SR 4.250 10,132 10,038
    5000 CISCO SYSTEMS INC 4.950% 5,461 5,919
    3000 GE COMPANY 5.00% 3,107 3,011
    5000 GEN ELEC CAP CORP 5.625% 5,449 5,899
    10000 ONTARIO PROVINCE 2.950% 10,477 10,511
    10000 PEPSICO INC 3.100% 10,470 10,496
    5000 SBC COMMUNICATIONS 5.10% 5,525 5,371
    5428.355 FIDELITY HIGH INCOME 48,731 50,701
    6235.118 PIMCO INVESTMENT GRAD 66,286 69,335
    615.718 VANGUARD SHORT-TERM FE 6,614 6,650
    3922.059 VANGUARD INTERMEDIATE 45,525 45,888
    2450.906 VANGUARD INFLATION PR 33,006 35,612

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    THE MCININCH SCHOLARSHIP FUND 407385012
    EIN: 02-6076262
    Name of Stock End of Year Book Value End of Year Fair Market Value
    470 WALT DISNEY CO 15,769 23,401
    400 HOME DEPOT INC 10,069 24,740
    190 MCDONALDS CORP 11,997 16,760
    240 YUM BRANDS INC 8,230 15,936
    220 COLGATE PALMOLIVE CO 15,294 22,999
    275 PEPSICO INCORPORATED 15,288 18,818
    280 PHILIP MORRIS INTL INC 11,900 23,419
    220 PROCTER & GAMBLE CO 11,395 14,936
    230 WAL MART STORES INC 12,657 15,693
    160 TRANSOCEAN LTD ZUG 7,865 7,146
    210 APACHE CORPORATION 15,209 16,485
    220 CHEVRON CORPORATION 15,507 23,791
    320 CONOCOPHILLIPS 11,864 18,557
    270 EXXON MOBIL CORP 2,524 23,369
    380 AFLAC INCORPORATED 14,392 20,186
    350 AMERICAN EXPRESS CO 13,933 20,118
    570 BANK OF NEW YORK MELLON 18,265 14,649
    425 J P MORGAN CHASE & CO 12,619 18,687
    300 STATE STREET CORP 10,833 14,103
    630 WELLS FARGO & CO NEW 18,479 21,533
    320 ABBOTT LABS CO 16,334 20,960
    240 JOHNSON & JOHNSON CO 14,072 16,824
    350 MEDTRONIC INC 12,293 14,357
    230 QUEST DIAGNOSTICS INC COM 11,571 13,402
    280 UNITEDHEALTH GROUP INC 6,148 15,187
    225 ZIMMER HLDGS INC 7,907 14,999
    220 EMERSON ELECTRIC CO 9,819 11,651
    540 GENERAL ELECTRIC CO 3,171 11,335
    310 ILLINOIS TOOL WKS INC 10,588 18,851
    200 3M CO 12,477 18,570
    150 UNITED PARCEL SERVICE CL B 6,156 11,060
    200 UNITED TECHNOLOGIES 10,232 16,402
    440 ANALOG DEVICES INC 8,312 18,506
    410 AUTODESK INC 7,777 14,494
    355 AUTO DATA PROCESSING INC 13,120 20,210
    900 CISCO SYSTEMS INC 7,509 17,684
    770 EMC CORPORATION/MASS 8,108 19,481
    810 INTEL CORP 12,098 16,702
    700 MICROSOFT CORPORATION 3,178 18,697
    270 ORACLE CORPORATION 9,022 8,996
    170 FREEPORT-MCMORAN COPPER 7,389 5,814
    120 MONSANTO CO NEW 8,136 11,358
    170 SIGMA-ALDRICH CORP COMMON 6,252 12,509
    310 VERIZON COMMUNICATIONS 9,137 13,414
    250 SEMPRA ENERGY COMMON 10,044 17,735
    290 SOUTHERN CO 10,167 12,415
    3875 INVESCO INTERNATIONAL GRO 110,748 113,228
    738.736 BUFFALO SMALL CAP FD 20,234 20,810
    1765 HARBOR INTERNATIONAL FD 110,754 109,642
    825.385 HARTFORD MUT FD INC 21,155 18,051
    895.934 PERKINS MID CAP VALUE 21,171 19,119
    986.026 ROYCE SPECIAL EQUITY F 21,180 20,835
    370 SPDR GOLD TRUST 51,615 59,948

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    THE MCININCH SCHOLARSHIP FUND 407385012
    EIN: 02-6076262
    US Government Securities - End of Year Book Value:

    104,985
    US Government Securities - End of Year Fair Market Value:

    101,934
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2012 OtherDecreasesSchedule
    Name:
    THE MCININCH SCHOLARSHIP FUND 407385012
    EIN: 02-6076262
    Description Amount
    ROUNDING ADJUSTMENT 4


    TY 2012 OtherExpensesSchedule
    Name:
    THE MCININCH SCHOLARSHIP FUND 407385012
    EIN: 02-6076262
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE/PROBATE FEES 75 75   0


    TY 2012 TaxesSchedule
    Name:
    THE MCININCH SCHOLARSHIP FUND 407385012
    EIN: 02-6076262
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 2,643 0   0
    FEDERAL ESTIMATES - INCOME 1,814 0   0
    FEDERAL ESTIMATES - PRINCIPAL 1,814 0   0
    FOREIGN TAXES ON QUALIFIED FOR 257 257   0
    FOREIGN TAXES ON NONQUALIFIED 211 211   0