MAURICE W & LEILA M FORSTER TRUST: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: MAURICE W & LEILA M FORSTER TRUST (EIN 01-6036049)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-05-01
IRS object ID: 202321219349102607
Schema version: 2022v5.0
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
Accounting Fees Schedule
Other Assets Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-05-01T12:11:15-04:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	851204190	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	D MARTINES & ASSOCIATES LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	744 ROOSEVELT TRL 302	AddressLine1Txt
City	WINDHAM	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	04062	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	016036049	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MAURICE & LELIA FORSTER FUND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MAUR	BusinessNameControlTxt
Phone	2075586224	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PORTLAND TRUST CO LLC - TWO CITY C	AddressLine1Txt
City	PORTLAND	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	04101	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PORTLAND TRUST COMPANY	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Signature	2023-04-28	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JAMES	PersonFirstNm
Person Last	MACLEOD	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	DAVID MARTINES	PreparerPersonNm
PTIN	P00853556	PTIN
Phone	2078199797	PhoneNum
Preparation	2023-05-01	PreparationDt

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization4947a1 Trtd PF	Yes (X)	Organization4947a1TrtdPFInd
FMV Assets EOY	$543,614	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$1,077	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$1,077	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$9,486	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$9,486	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$1,622	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$300,926	GrossSalesPriceAmt
Total Rev And Expnss	$8,941	TotalRevAndExpnssAmt
Total Net Invst Incm	$10,563	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$6,130	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$3,065	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$3,065	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$695	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$348	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$347	AccountingFeesChrtblPrpsAmt
Tot Opr Expenses Rev And Expnss	$6,825	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$3,413	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$3,412	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$29,516	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$29,516	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$36,341	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$3,413	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$32,928	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$27,400	ExcessRevenueOverExpensesAmt
Net Investment Income	$7,150	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Other Assets BOY	$468,163	OtherAssetsBOYAmt
Other Assets EOY	$440,763	OtherAssetsEOYAmt
Other Assets EOYFMV	$543,614	OtherAssetsEOYFMVAmt
Total Assets BOY	$468,163	TotalAssetsBOYAmt
Total Assets EOY	$440,763	TotalAssetsEOYAmt
Total Assets EOYFMV	$543,614	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$468,163	CapitalStockBOYAmt
Capital Stock EOY	$440,763	CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY	$468,163	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$440,763	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$468,163	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$440,763	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$468,163	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$27,400	ExcessRevenueOverExpensesAmt
Subtotal	$440,763	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$440,763	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
ST NON COVERED	P	$136	$135	$1	$1
LT NON COVERED	P	$155,523	$161,637	-$6,114	-$6,114
ST COVERED	P	$114,284	$114,384	-$100	-$100
LT COVERED	P	$30,983	$26,392	$4,591	$4,591

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$1,622	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$99	InvestmentIncomeExciseTaxAmt
Subtotal	$99	SubtotalAmt
Tax Based On Investment Income	$99	TaxBasedOnInvestmentIncomeAmt
Tax Due	$99	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
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
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	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	PORTLAND TRUST COMPANY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2075586224	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	TWO CITY CENTER	AddressLine1Txt
City	PORTLAND	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	04101	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	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
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
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PORTLAND TRUST COMPANY	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	TWO CITY CENTER	AddressLine1Txt
City	PORTLAND	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	04101	ZIPCd

Field	Value	IRS element (for citing)
Title	TRUSTEE	TitleTxt
Average Hrs Per Wk Devoted To Pos	2.00	AverageHrsPerWkDevotedToPosRt
Compensation	$6,130	CompensationAmt
Employee Benefit Program	$0	EmployeeBenefitProgramAmt
Expense Account Other Allwnc	$0	ExpenseAccountOtherAllwncAmt

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$577,615	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$577,615	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$577,615	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$8,664	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$568,951	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$28,448	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$28,448	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$99	TaxBasedOnInvestmentIncomeAmt
Total Tax	$99	TotalTaxAmt
Distributable Before Adj	$28,349	DistributableBeforeAdjAmt
Distributable Before Ded	$28,349	DistributableBeforeDedAmt
Distributable As Adjusted	$28,349	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$32,928	ExpensesAndContributionsAmt
Qualifying Distributions	$32,928	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$28,349	DistributableAsAdjustedAmt
Undistributed Income PY	$18,513	UndistributedIncomePYAmt
Qualifying Distributions	$32,928	QualifyingDistributionsAmt
Applied To Year1	$18,513	AppliedToYear1Amt
Applied To Current Year	$14,415	AppliedToCurrentYearAmt
Undistributed Income CY	$13,934	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
GOODWILL HOME ASSOCIATION
PO BOX 159	HINCKLEY	ME	04944	NONE	PC	UNRESTRICTED	$7,379
MAINE CHILDREN'S HOME FOR
93 SILVER STREET	WATERVILLE	ME	04901	NONE	PC	UNRESTRICTED	$7,379
MAINE MENTAL HEALTH PARTN
78 ATLANTIC PLACE	SOUTH PORTLAND	ME	04106	NONE	PC	UNRESTRICTED	$7,379
WAYFINDER SCHOOLS
215 GLOUCESTER HILL RD	NEW GLOUCESTER	ME	04260	NONE	PC	UNRESTRICTED	$7,379

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$29,516	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,077	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$9,486	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$1,622	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$8,941	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$8,941	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$695	Amt
Net Investment Income	$348	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$347	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	INVESTMENT SECURITIES	Desc
BOY Book Value	$468,163	BOYBookValueAmt
EOY Book Value	$440,763	EOYBookValueAmt
EOYFMV	$543,614	EOYFMVAmt

MAURICE W & LEILA M FORSTER TRUST: Form 990PF, tax year 2022

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Business Name BusinessName

US Address USAddress

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

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