KENNEBUNK SAVINGS BANK FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- KENNEBUNK SAVINGS BANK FOUNDATION (EIN 01-0547392)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-07-11
- IRS object ID
- 202441939349100234
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-11T19:41:00-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010547392 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kennebunk Savings Bank Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Thomas J Zuke | InCareOfNm |
| Business Name Control | KENN | BusinessNameControlTxt |
| Phone | 2079854903 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 104 Main Street PO Box 28 | AddressLine1Txt |
| City | Kennebunk | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04043 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS J ZUKE | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 2079854903 | PhoneNum |
| Signature | 2024-07-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | THOMAS | PersonFirstNm |
| Person Last | ZUKE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BARBARA I BELIK | PreparerPersonNm |
| PTIN | P01459740 | PTIN |
| Phone | 2076042159 | PhoneNum |
| Preparation | 2024-07-11 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,101,555 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $321,413 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $930 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $930 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $116,496 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $116,496 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $329,083 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $759,843 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $329,083 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $767,922 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $446,509 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $3,381 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $3,381 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $0 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $21,582 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $21,582 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $2,988 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,088 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $196 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $196 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $28,147 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $22,866 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,381 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $535,913 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $535,913 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $564,060 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $22,866 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $539,294 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $203,862 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $423,643 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $144,337 | CashBOYAmt |
| Cash EOY | $48,144 | CashEOYAmt |
| Cash EOYFMV | $48,144 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,507,921 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,989,895 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,989,203 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| US Government Obligations BOY | $199,511 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $349,661 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $346,383 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,645,501 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,464,740 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,333,411 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $556,267 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $404,959 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $384,414 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $4,053,537 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,257,399 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,101,555 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,053,537 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,257,399 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,053,537 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,257,399 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,053,537 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,257,399 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,053,537 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $203,862 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $4,257,399 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,257,399 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $329,083 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,889 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,889 | SubtotalAmt |
| Tax Based On Investment Income | $5,889 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,967 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $1,967 | TotalPaymentsAndCreditsAmt |
| Tax Due | $3,922 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | ME | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.kennebunksavings.com | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Thomas J Zuke | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2079854903 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Alewive Park Road | AddressLine1Txt |
| City | Kennebunk | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04043 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| BRADFORD C PAIGE | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | PresidentDirector | 0.500 | $0 |
| ALEXANDER O MEAGHER | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Executive VP | 0.500 | $0 |
| THOMAS J ZUKE | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Treasurer | 0.500 | $0 |
| MAUREEN A FLAHERTY | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Executive VP | 0.500 | $0 |
| ELIZABETH A TORRANCE | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Vice President | 2.000 | $0 |
| LAUREN DEEGAN | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Comm Reinv Officer | 0.500 | $0 |
| PATRICIA J WHEELER | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Secretary | 0.500 | $0 |
| MILDA A CASTNER | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Director | 0.500 | $0 |
| MATTHEW L CHASE | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Director | 0.500 | $0 |
| LORI A HOWELL | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Director | 0.500 | $0 |
| DOUGLAS R STOCKBRIDGE | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Director | 0.500 | $0 |
| STEPHEN H ROBERTS | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Director | 0.500 | $0 |
| PAUL H GURNEY JR | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Director | 0.500 | $0 |
| THOMAS J ALLEN | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Director | 0.500 | $0 |
| CHARLES F WU | ||||||
| 7 Alewive Park Road | Kennebunk | ME | 04043 | Director | 0.500 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | None | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | None | Description1Txt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,458,966 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,396,758 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,855,724 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $5,855,724 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $87,836 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,767,888 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $288,394 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $288,394 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,889 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,889 | TotalTaxAmt |
| Distributable Before Adj | $282,505 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $282,505 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $282,505 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $539,294 | ExpensesAndContributionsAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $539,294 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $282,505 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $271,950 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $323,005 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $304,367 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $333,383 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $315,941 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,548,646 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $539,294 | QualifyingDistributionsAmt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $282,505 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $256,789 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,805,435 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $271,950 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,533,485 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $323,005 | ExcessFromYear4Amt |
| Excess From Year3 | $304,367 | ExcessFromYear3Amt |
| Excess From Year2 | $333,383 | ExcessFromYear2Amt |
| Excess From Year1 | $315,941 | ExcessFromYear1Amt |
| Excess From Current Year | $256,789 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ELIZABETH TORRANCE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Alewive Park Road | AddressLine1Txt |
| City | Kennebunk | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04043 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Email Address | www.kennebunksavings.com | RecipientEmailAddressTxt |
| Form And Info And Materials | Online application and instructions wwwkennebunksavingscom | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | Accepted on a rolling basis | SubmissionDeadlinesTxt |
| Restrictions On Awards | See eligibility criteria at wwwkennebunksavingscom | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (39 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| York County Community Action Corp | ||||||
| 6 Spruce Street | Sanford | ME | 04073 | PC | Support for Sanford asylum seekers | $10,000 |
| United Way | ||||||
| 550 Forest Avenue Ste 100 | Portland | ME | 04101 | PC | Company match | $61,413 |
| Center for Wildlife | ||||||
| PO Box 620 | Cape Neddick | ME | 03902 | PC | Ensuring access to nature connection for all | $10,000 |
| SOS Recovery Community Connection | ||||||
| 14 Signal Street | Rochester | NH | 03867 | PC | Social Enterprise RFW Restaurant | $15,000 |
| Biddeford High School | ||||||
| 20 Maplewood Avenue | Biddeford | ME | 04005 | GOV | Scholarship award | $1,000 |
| Dover High School | ||||||
| 61 Locust Street Ste 409 | Dover | NH | 03820 | GOV | Scholarship award | $1,000 |
| Exeter High School | ||||||
| 1 Blue Hawk Drive | Exeter | NH | 03833 | GOV | Scholarship award | $1,000 |
| Kennebunk High School | ||||||
| 89 Fletcher Street | Kennebunk | ME | 04043 | GOV | Scholarship award | $1,000 |
| Marshwood High School | ||||||
| 260 Dow Highway | South Berwick | ME | 03908 | GOV | Scholarship award | $1,000 |
| Newmarket JrSr High School | ||||||
| 213 South Main Street | Newmarket | NH | 03857 | GOV | Scholarship award | $1,000 |
| Noble High School | ||||||
| 100 Noble Way | North Berwick | ME | 03906 | GOV | Scholarship award | $1,000 |
| Oyster River High School | ||||||
| 55 Coe Drive | Durham | NH | 03824 | GOV | Scholarship award | $1,000 |
| Portsmouth High School | ||||||
| 50 Andrew Jarvis Drive | Portsmouth | NH | 03801 | GOV | Scholarship award | $1,000 |
| Sanford High School | ||||||
| 917 Main Street Ste 200 | Sanford | ME | 04073 | GOV | Scholarship award | $1,000 |
| Somersworth High School | ||||||
| 11 Memorial Drive | Somersworth | NH | 03878 | GOV | Scholarship award | $1,000 |
| Robert W Traip Academy | ||||||
| 12 Williams Avenue | Kittery | ME | 03904 | GOV | Scholarship award | $1,000 |
| Wells High School | ||||||
| 200 Sanford Road | Wells | ME | 04090 | GOV | Scholarship award | $1,000 |
| Winnacunnet High School | ||||||
| 1 Alumni Drive | Hampton | NH | 03842 | GOV | Scholarship award | $1,000 |
| York High School | ||||||
| 1 Robert Stevens Drive | York | ME | 03909 | GOV | Scholarship award | $1,000 |
| Three Rivers Land Trust | ||||||
| PO Box 295 | Alfred | ME | 04002 | PC | Accessible trail at Goat Hill | $10,000 |
| Great Works Regional Land Trust | ||||||
| PO Box 151 | South Berwick | ME | 03908 | PC | Woods to Waters Campaign | $25,000 |
| United Recovery Fund | ||||||
| 494 Forest Avenue | Portland | ME | 04101 | PC | Ride to Work program | $25,000 |
| Hope on Haven Hill | ||||||
| PO Box 1272 | Rochester | NH | 03866 | PC | Minivan for client transportation | $25,000 |
| Fair Tide Inc | ||||||
| 15 State Road | Kittery | ME | 03904 | PC | Mainspring Seacoast Social Service Collective | $50,000 |
| Habitat for Humanity York County | ||||||
| PO Box 267 | Kennebunk | ME | 04043 | PC | York Street Building | $50,000 |
| New England Electric Railway Historical Society | ||||||
| 195 Log Cabin Road PO Box A | Kennebunkport | ME | 04046 | PC | Visitors Center Lobby Revitalization Project | $20,000 |
| Strawberry Banke Museum | ||||||
| PO Box 300 | Portsmouth | NH | 03802 | PC | Capital Campaign Terrace Expansion | $25,000 |
| Great Bay Stewards Inc | ||||||
| 89 Depot Road | Greenland | NH | 03885 | PC | The Glenn Cove Project | $25,000 |
| Animal Welfare Society Inc | ||||||
| PO Box 43 | West Kennebunk | ME | 04094 | PC | Veterinary Care for Pets of York County Seniors | $10,000 |
| Footprints Inc | ||||||
| 37 Old Post Road | Kittery | ME | 03904 | PC | Older Resident Support Initiative | $20,000 |
| York County Community Action Corp | ||||||
| 6 Spruce Street | Sanford | ME | 04073 | PC | Keeping Seniors Home Program | $28,000 |
| Alzheimers Disease and Related Disorders Association | ||||||
| 383 US Route One Ste 2C | Scarborough | ME | 04074 | PC | Care Support Hope in a New Era of Treatment | $10,000 |
| YMCA of Sanford-Springvale | ||||||
| PO Box 249 | Sanford | ME | 04073 | PC | Increasing systems efficiency at Trafton Center | $23,000 |
| Southern Maine Agency on Aging | ||||||
| 136 US Route One | Scarborough | ME | 04074 | PC | Elder Homelessness Prevention Program | $25,000 |
| Volunteers of America | ||||||
| 14 Maine Street Ste 100 | Brunswick | ME | 04011 | PC | Paul Hazelton House | $5,000 |
| A Place to Start | ||||||
| 41 Main Street Ste 2 | Kennebunk | ME | 04043 | PC | Improving Quality of Life One Meal at a Time | $6,000 |
| White Pine Programs | ||||||
| PO Box 802 | York | ME | 03909 | PC | Engaging Our Elders in Nature | $10,000 |
| Center for Wildlife | ||||||
| PO Box 620 | Cape Neddick | ME | 03902 | PC | Fostering Nature Connections Wildlife Ambassador Visits to York County Retirement Communities | $7,500 |
| Age Friendly Saco | ||||||
| 19 Evergreen Drive | Saco | ME | 04072 | PC | Transportation Program | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $535,913 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $930 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $116,496 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $329,083 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $446,509 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $446,509 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kennebunk Savings Bank | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 104 Main Street PO Box 28 | AddressLine1Txt |
| City | Kennebunk | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04043 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $321,413 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | Publicly Trd Securities | AssetDesc |
| Gross Sales Price | $759,843 | GrossSalesPriceAmt |
| Basis | $430,760 | BasisAmt |
| Total Net | $329,083 | TotalNetAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 100000 IBM Corp | $100,103 | $99,626 |
| 1600 Vanguard Intermediate Term Corp Bond | $144,701 | $130,048 |
| 2000 Vanguard Shortterm Corp Bond Index | $160,155 | $154,740 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (35 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 825 Nestle | $48,940 | $95,395 |
| 600 Pepsico | $35,455 | $101,904 |
| 700 Proctor Gamble | $39,075 | $102,578 |
| 1450 Unilever | $46,034 | $70,296 |
| 650 Walmart | $46,012 | $102,472 |
| 400 Danaher Corp | $8,141 | $92,536 |
| 1000 Medtronic PLC | $76,950 | $82,380 |
| 1350 NovoNordisk | $7,129 | $139,657 |
| 1350 Roche Hldg Ltd ADR | $49,581 | $48,910 |
| 300 Waters | $13,671 | $98,769 |
| 900 Carrier Global | $29,360 | $51,705 |
| 200 Eaton Corp PLC | $29,204 | $48,164 |
| 1100 Emerson Electric | $51,455 | $107,063 |
| 325 Fortive Corp | $3,971 | $23,930 |
| 200 Honeywell International | $29,108 | $41,942 |
| 600 United Parcel Service | $50,219 | $94,338 |
| 325 Ecolab Inc | $37,080 | $64,464 |
| 275 Linde PLC | $44,949 | $112,945 |
| 350 Accenture PLC | $20,132 | $122,819 |
| 1500 Cisco Systems | $30,197 | $75,780 |
| 300 Intl Business Machines | $40,416 | $49,065 |
| 200 Intuit | $12,562 | $125,006 |
| 325 Microsoft Corp | $9,354 | $122,213 |
| 900 Oracle | $29,386 | $94,887 |
| 600 Texas Instruments | $21,028 | $102,276 |
| 1800 Kinder Morgan | $29,886 | $31,752 |
| 600 American Express | $31,667 | $112,404 |
| 900 Fiserv Inc | $12,346 | $119,556 |
| 750 JP Morgan Chase | $69,730 | $127,575 |
| 150 Mastercard Inc | $51,822 | $63,977 |
| 1300 Truist Financial Corp | $77,717 | $47,996 |
| 275 Crown Castle Intl Corp | $45,263 | $31,677 |
| 3000 Vanguard FTSE Emerging Market | $124,928 | $123,300 |
| 1800 iShares MSCI EAFE Index | $133,117 | $135,630 |
| 3400 iShares SP Small Cap 600 Idx | $78,855 | $368,050 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $349,661 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $346,383 | USGovtObligationsEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Tax PreparationCounsel | CategoryTxt |
| Legal Fees | $3,381 | LegalFeesAmt |
| Disbursements Charitable Prps | $3,381 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADR Passthru Fees | Desc |
| Revenue And Expenses Per Books | $196 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $196 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Mgmt Fees | CategoryTxt |
| Amt | $21,582 | Amt |
| Net Investment Income | $21,582 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Section 4940 Tax | $1,900 | |
| Foreign Taxes Paid | $1,088 | $1,088 |
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