KENNEBEC SAVINGS BANK FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- KENNEBEC SAVINGS BANK FOUNDATION (EIN 22-2624600)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-04-28
- IRS object ID
- 202521189349100122
- Schema version
- 2024v5.1
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Decreases Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-28T08:49:05-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010523282 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berry Dunn McNeil & Parker LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2211 Congress St | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222624600 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kennebec Savings Bank Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KENN | BusinessNameControlTxt |
| Phone | 2076225801 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 State Street PO Box 50 | AddressLine1Txt |
| City | Augusta | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04332 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Nicolas Patenaude | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 2076225801 | PhoneNum |
| Signature | 2025-04-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Melissa Magoon CPA | PreparerPersonNm |
| PTIN | P01712842 | PTIN |
| Phone | 2077752387 | PhoneNum |
| Preparation | 2025-04-24 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $16,849,007 | 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 | $680,320 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $257,419 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $257,419 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,146,669 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,396,334 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,146,669 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $165,000 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,249,408 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,404,088 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,875 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,875 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $60,957 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $60,957 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $9,620 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $80,327 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $65,832 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,875 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $824,202 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $824,202 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $904,529 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $65,832 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $829,077 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,344,879 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,338,256 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $90 | CashBOYAmt |
| Cash EOY | $90 | CashEOYAmt |
| Cash EOYFMV | $90 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $429,973 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $728,029 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $728,029 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,627,926 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,989,416 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,989,416 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $10,997,228 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,934,896 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,934,896 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,477,732 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,196,576 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,196,576 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $14,532,949 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,849,007 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,849,007 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $2,027,588 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,027,588 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $12,505,361 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,821,419 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,532,949 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,849,007 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,532,949 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,849,007 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,532,949 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,344,879 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $16,877,828 | SubtotalAmt |
| Other Decreases | $28,821 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $16,849,007 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| Publicly Traded Securities | $4,223,492 | $2,249,665 | $1,973,827 | $1,973,827 | |
| Capital Gains Dividends | $172,842 | $172,842 | $172,842 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,146,669 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $32,502 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $32,502 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $32,502 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,600 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $8,600 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $23,902 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | ME | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kennebec Savings Bank | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2076225801 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 State Street PO Box 50 | AddressLine1Txt |
| City | Augusta | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04332 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (13 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Andrew E Silsby | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | President/Clerk | 1.00 | $0 | $0 | $0 |
| Debra A Getchell | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Treasurer | 1.00 | $0 | $0 | $0 |
| Craig J Garofalo | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Vice President | 1.00 | $0 | $0 | $0 |
| Amy P Tardiff | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Director | 1.00 | $0 | $0 | $0 |
| Charles W Hays Jr | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Director | 1.00 | $0 | $0 | $0 |
| Mark L Johnston | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Director | 1.00 | $0 | $0 | $0 |
| William W Sprague Jr | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Director | 1.00 | $0 | $0 | $0 |
| Norman S Elvin | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Director | 1.00 | $0 | $0 | $0 |
| Diane F Hastings | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Director | 1.00 | $0 | $0 | $0 |
| Mary A Dennison | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Director | 1.00 | $0 | $0 | $0 |
| Christopher L Gaunce | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Director | 1.00 | $0 | $0 | $0 |
| Alison A Lorenz | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Director | 1.00 | $0 | $0 | $0 |
| Douglas E Reinhardt | ||||||||
| 150 State Street PO Box 50 | Augusta | ME | 04332 | Past Director | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KSB Investment Management & Trust Services | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 State Street | AddressLine1Txt |
| City | Augusta | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04332 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Management Services | ServiceTypeTxt |
| Compensation | $60,957 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,948,333 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $627,448 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,575,781 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,575,781 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $233,637 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,342,144 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $767,107 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $767,107 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $32,502 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $32,502 | TotalTaxAmt |
| Distributable Before Adj | $734,605 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $165,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $899,605 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $899,605 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $829,077 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $829,077 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $899,605 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $21,609 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $23,037 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $53,406 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $12,121 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $20,008 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $130,181 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $829,077 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $829,077 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $70,528 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $70,528 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $59,653 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $59,653 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $27,524 | ExcessFromYear3Amt |
| Excess From Year2 | $12,121 | ExcessFromYear2Amt |
| Excess From Year1 | $20,008 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Kennebec Savings Bank Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 State Street PO Box 50 | AddressLine1Txt |
| City | Augusta | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04332 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2076225801 | RecipientPhoneNum |
| Form And Info And Materials | The Foundation accepts applications and may make some donations without a formal request. Applications must include the organization's name, address, purpose of the request, amount requested, and other relevant details. For the Catalyst Grant program, a formal application is required. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | Applications are accepted on a rolling basis. For the Catalyst Grant program, June 1 to August 31. | SubmissionDeadlinesTxt |
| Restrictions On Awards | Applicants must be tax-exempt under Section 501(c)(3) of the Internal Revenue Code. Awards are generally granted to organizations providing services within the market area of Kennebec Savings Bank. The Foundation does not provide support for political purposes. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (99 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| MaineGeneral Health | |||||||
| PO Box 828 | Waterville | ME | 04903 | N/A | PC | Harold Alfond Center for Cancer Care Campaign | $100,000 |
| MaineGeneral Health | |||||||
| PO Box 828 | Waterville | ME | 04903 | N/A | PC | Harold Alfond Center for Cancer Care Campaign | $70,000 |
| United Way of Kennebec Valley | |||||||
| 121 Commercial Street | Augusta | ME | 04330 | N/A | PC | Annual Corporate Contribution | $51,152 |
| Portland Little League | |||||||
| PO Box 10586 | Portland | ME | 04104 | N/A | PC | Pedro Field Improvements Matching Grant | $50,000 |
| Alfond Youth & Community Center | |||||||
| 126 North Street | Waterville | ME | 04901 | N/A | PC | Camp Tracy Campaign | $35,000 |
| Kennebec Valley Humane Society | |||||||
| 168 Leighton Road | Augusta | VA | 04330 | N/A | PC | Capital Campaign Donation | $25,000 |
| Waterville Historical Society | |||||||
| 62 Silver Street | Waterville | ME | 04901 | N/A | PC | Center for Local History and Culture | $25,000 |
| Tedford Housing | |||||||
| PO Box 958 | Brunswick | ME | 04011 | N/A | PC | Capital Campaign | $25,000 |
| CYC Lake Association | |||||||
| PO Box 17 | Manchester | ME | 04351 | N/A | PC | Challenge Grant Pledge Payment | $20,000 |
| Capital Area Recreation Association | |||||||
| PO Box 5275 | Augusta | ME | 04332 | N/A | PC | Groomer Campaign | $20,000 |
| Alfond Youth Center | |||||||
| 126 North Street | Waterville | ME | 04901 | N/A | PC | Unrestricted Support | $20,000 |
| Augusta Downtown Alliance | |||||||
| PO Box 2066 | Augusta | ME | 04338 | N/A | PC | Martha Ballard Committee | $15,000 |
| National Digital Equity Center | |||||||
| 297 Bath Road | Wiscasset | ME | 04578 | N/A | PC | Kennebec County Project Support | $15,000 |
| Alfond Youth & Community Center | |||||||
| 126 North Street | Waterville | ME | 04901 | N/A | PC | Catalyst Grant - First Installment | $15,000 |
| Alfond Youth Center | |||||||
| 126 North Street | Waterville | ME | 04901 | N/A | PC | Camp Tracy Capital Campaign | $15,000 |
| Foundation for Portland Public Schools | |||||||
| 353 Cumberland Ave | Portland | ME | 04101 | N/A | PC | Catalyst Grant - First Installment | $15,000 |
| Maine Arts Academy | |||||||
| 310 Cony Road | Augusta | ME | 04330 | N/A | PC | Catalyst Grant - First Installment | $15,000 |
| PALS | |||||||
| 188 Case Road | Winthrop | ME | 04364 | N/A | PC | Facility Improvements Campaign | $10,000 |
| Friends of the Cobbossee Watershed | |||||||
| PO Box 206 | East Winthrop | ME | 04343 | N/A | PC | Truck Campaign | $10,000 |
| Augusta Food Bank | |||||||
| 161 Mount Vernon Ave | Augusta | ME | 04330 | N/A | PC | Unrestricted Support | $10,000 |
| Waterville Area Soup Kitchen | |||||||
| PO Box 1494 | Waterville | ME | 04903 | N/A | PC | Catalyst Grant - Second Installment | $10,000 |
| Capital Area Recreation Association | |||||||
| PO Box 5275 | Augusta | ME | 04332 | N/A | PC | Unrestricted Support | $10,000 |
| Family Veterans Camp | |||||||
| 109 Sahagian Road | Belgrade | ME | 04917 | N/A | PC | Infrustructure Campaign | $10,000 |
| Kennebec Valley Community College Foundation | |||||||
| 92 Western Ave | Fairfield | ME | 04937 | N/A | PC | Event & Campaign Support | $10,000 |
| Mitchell Institute | |||||||
| 75 Washington Ave Suite 2E | Portland | ME | 04101 | N/A | PF | Catalyst Grant - Second Installment | $10,000 |
| Boys and Girls Club Augusta Teen Center | |||||||
| 244 Water Street | Augusta | ME | 04330 | N/A | PC | Catalyst Grant - Second Installment | $10,000 |
| United Way of Kennebec Valley | |||||||
| 121 Commercial Street | Augusta | ME | 04330 | N/A | PC | Homelessness Task Force | $8,000 |
| KETCHA Outdoors | |||||||
| 336 Black Point Road | Scarborough | ME | 04074 | N/A | PC | Gear Hub Campaign | $7,500 |
| Maine Children's Home | |||||||
| 93 Silver Street | Waterville | ME | 04901 | N/A | PC | Program Support | $7,500 |
| Kennebec Valley YMCA | |||||||
| 31 Union Street | Augusta | ME | 04330 | N/A | PC | Strong Kids Campaign | $7,000 |
| MaineGeneral Health | |||||||
| PO Box 828 | Waterville | ME | 04903 | N/A | PC | Giving Tuesday and Unrestricted Support | $6,000 |
| Island Institute | |||||||
| PO box 648 | Rockland | ME | 04841 | N/A | PC | Lift All Boats Program | $5,300 |
| Snow Pond Center for the Arts | |||||||
| 8 Goldenrod Lane | Sidney | ME | 04330 | N/A | PC | Catalyst Grant - Third Installment | $5,000 |
| Snow Pond Center for the Arts | |||||||
| 8 Goldenrod Lane | Sidney | ME | 04330 | N/A | PC | Community Music Program | $5,000 |
| Worromontogus Lake Association | |||||||
| PO Box 2582 | Augusta | ME | 04338 | N/A | PC | Mitigation Project Phase 2 | $5,000 |
| Augusta Downtown Alliance | |||||||
| PO Box 2066 | Augusta | ME | 04338 | N/A | PC | Unrestricted Support | $5,000 |
| Friends of Belgrade Lakes Village | |||||||
| PO Box 331 | Belgrade Lakes | ME | 04918 | N/A | PC | Park Your Vision Campaign | $5,000 |
| Maine Center for Public Interest Reporting | |||||||
| PO Box 287 | Hallowell | ME | 04347 | N/A | PC | Unrestricted Support | $5,000 |
| Vienna Union Hall Association | |||||||
| PO Box 1 | Vienna | VA | 04360 | N/A | PC | Restoration Project | $5,000 |
| Freeport Community Services | |||||||
| PO Box 119 | Freeport | ME | 04032 | N/A | PC | Annual Sponsorship | $5,000 |
| Hallowell Foodbank | |||||||
| PO Box 214 | Hallowell | ME | 04347 | N/A | PC | Unrestricted Support | $5,000 |
| Preble Street | |||||||
| 55 Portland Street | Portland | ME | 04101 | N/A | PC | Unrestricted Support | $5,000 |
| Maine GearShare | |||||||
| PO Box 8738 | Portland | ME | 04104 | N/A | PC | Catalyst Grant - 3 of 3 Disbursements | $5,000 |
| EDUCARE Central Maine | |||||||
| 56 Drummond Ave | Waterville | ME | 04901 | N/A | PC | Nutrition Program | $5,000 |
| Educare Central Maine | |||||||
| 56 Drummond Ave | Waterville | ME | 04901 | N/A | PC | Unrestricted Support | $5,000 |
| Bridging the Gap | |||||||
| 209 Eastern Ave | Augusta | ME | 04330 | N/A | PC | Unrestricted Support | $4,000 |
| Kennebec Land Trust | |||||||
| PO Box 261 | Winthrop | ME | 04364 | N/A | PC | Unrestricted Support | $3,500 |
| Hubbard Free Library | |||||||
| 115 Second Street | Hallowell | ME | 04347 | N/A | PC | Temperature Control Project | $3,500 |
| Friends of the Cobbossee Watershed | |||||||
| PO Box 206 | East Winthrop | ME | 04343 | N/A | PC | Tadpole Patrol Support | $3,000 |
| Royal River Conservation Trust | |||||||
| 325 Main Street | Yarmouth | ME | 04096 | N/A | PC | Unrestricted Support | $3,000 |
| Family Violence Project | |||||||
| PO Box 304 | Augusta | ME | 043320304 | N/A | PC | Unrestricted Support | $3,000 |
| Augusta Symphony Orchestra | |||||||
| PO Box 5694 | Augusta | ME | 043325694 | N/A | PC | Unrestricted Support | $2,500 |
| 30 Mile River Watershed | |||||||
| PO Box 132 | Mt Vernon | ME | 04352 | N/A | PC | Unrestricted Support | $2,500 |
| Maine Farmland Trust | |||||||
| 97 Main Street | Belfast | ME | 04915 | N/A | PC | Business Planning Program Support | $2,500 |
| Kennebec Historical Society | |||||||
| PO Box 5582 | Augusta | ME | 043325582 | N/A | PC | Unrestricted Support | $2,500 |
| Bread of Life Ministries | |||||||
| 159 Water Street | Augusta | ME | 04330 | N/A | PC | Annual Campaign | $2,500 |
| Greater Augusta Back to School Program co Michael Michaud | |||||||
| 27 Bunny Street | Augusta | ME | 04330 | N/A | PC | Supply Giveaway event | $2,500 |
| Locker Project | |||||||
| PO Box 3134 | Portland | ME | 04104 | N/A | PC | Unrestricted Support | $2,500 |
| Neighbors Driving Neighbors | |||||||
| PO Box 142 | Mount Vernon | ME | 04352 | N/A | PC | Unrestricted Support | $2,500 |
| Foundation for Portland Public Schools | |||||||
| 353 Cumberland Ave | Portland | ME | 04101 | N/A | PC | Math Tutor Program | $2,500 |
| Kennebec Valley Community College Foundation | |||||||
| 93 Western Ave | Fairfield | ME | 04937 | N/A | PC | Event & Campaign Support | $2,500 |
| Waterville High School | |||||||
| 1 Brooklyn Ave | Waterville | ME | 04901 | N/A | PC | Strings Program Scholarship/Instrument | $2,500 |
| Humane Society Waterville Area | |||||||
| 100 Webb Rd | Waterville | ME | 04901 | N/A | PC | Unrestricted Donation | $2,000 |
| Kennebec Performing Arts Company | |||||||
| PO Box 481 | Augusta | ME | 04330 | N/A | PC | Unrestricted Support | $2,000 |
| Portland Conservatory of Music | |||||||
| 28 Neal Street | Portland | ME | 04102 | N/A | PC | Unrestricted Support | $2,000 |
| Gardiner Main Street | |||||||
| PO Box 194 | Gardiner | ME | 04345 | N/A | PC | Unrestricted Support | $2,000 |
| Maine Jumpstart | |||||||
| PO Box 5024 | Augusta | ME | 04332 | N/A | PC | National Conference Scholarship Support | $2,000 |
| Vaughan Woods Historic Homestead | |||||||
| 2 Litchfield Rd | Hallowell | ME | 04347 | N/A | PC | Unrestricted Support | $2,000 |
| Chrysalis Place Gardiner Area Food Center | |||||||
| PO Box 542 | Gardiner | ME | 04345 | N/A | PC | Unrestricted Support | $2,000 |
| Good Shepherd Food Bank | |||||||
| PO Box 1807 | Auburn | ME | 04211 | N/A | PC | Unrestricted Support | $2,000 |
| CODA Chorus | |||||||
| PO Box 146 | Winthrop | ME | 04364 | N/A | PC | Concert Support | $1,750 |
| Monmouth Community Players | |||||||
| 796 Main Street | Monmouth | ME | 04259 | N/A | PC | ASL Program | $1,500 |
| Freeport Conservation Trust | |||||||
| PO Box 433 | Freeport | ME | 04032 | N/A | PC | Unrestricted Support | $1,500 |
| Winthrop Historical Society | |||||||
| 107 Main Street | Winthrop | ME | 04364 | N/A | PC | Unrestricted Support | $1,500 |
| KVCAP | |||||||
| 101 Water Street | Waterville | ME | 04901 | N/A | PC | Diaper Drive | $1,500 |
| Mid-Maine Homeless Shelter | |||||||
| 19 Colby Street | Waterville | ME | 04901 | N/A | PC | Event Support | $1,500 |
| Friends of the Kennebec River Rail Trail | |||||||
| PO Box 2195 | Augusta | ME | 04338 | N/A | PC | Unrestricted Support | $1,500 |
| Kennebec Youth Lacrosse | |||||||
| 6 Middle Street | Augusta | ME | 04330 | N/A | PC | Season Support & Equipment Upgrades | $1,500 |
| Freeport Arts & Cultural Alliance co Freeport Werkes | |||||||
| 50 Dept Street | Freeport | ME | 04032 | N/A | PC | Unrestricted Support | $1,000 |
| Kennebec Valley Youth Symphony Orchestra | |||||||
| PO Box 604 | Manchester | ME | 04364 | N/A | PC | Season Sponsorship | $1,000 |
| Maine Appalachian Trail Club | |||||||
| PO Box 7564 | Portland | ME | 04112 | N/A | PC | Unrestricted Support | $1,000 |
| Operation Game Thief | |||||||
| Attn Greg Sirpis 1 Westside Sebago | Standish | ME | 04084 | N/A | PC | Auction Match Donation | $1,000 |
| Viles Arboretum | |||||||
| 153 Hospital Street | Augusta | ME | 04330 | N/A | PC | Unrestricted Support | $1,000 |
| Genesis Fund | |||||||
| 22 Lincoln Street | Brunswick | ME | 04011 | N/A | PC | Unrestricted Support | $1,000 |
| Maine TREE Foundation | |||||||
| 535 Civic Center Drive | Augusta | ME | 04330 | N/A | PC | Educator Training Support | $1,000 |
| New Ventures Maine | |||||||
| 46 University Drive | Augusta | ME | 04330 | N/A | PC | Marketing Mini-Grant program | $1,000 |
| Winthrop Area Rotary Club | |||||||
| PO Box 145 | Winthrop | ME | 04364 | N/A | PC | Window Replacement Project | $1,000 |
| Freeport Historical Society | |||||||
| 45 Main Street | Freeport | ME | 04032 | N/A | PC | Unrestricted Support | $1,000 |
| Shutterbugs 4 Charity | |||||||
| 50 Industrial Park Road | Saco | ME | 04072 | N/A | PC | Unrestricted Donation | $1,000 |
| Central Maine Christmas Family Dinner | |||||||
| PO Box 2712 | Waterville | ME | 049012712 | N/A | PC | Dinner Donation | $1,000 |
| Emergency Action Network | |||||||
| 46 Federal Street | Brunswick | ME | 04011 | N/A | PC | Unrestricted Support | $1,000 |
| Independence Association | |||||||
| 3 Industrial Parkway Suite 1 | Brunswick | ME | 04011 | N/A | PC | Spindleworks Program Support | $1,000 |
| Literacy Volunteers of Kennebec | |||||||
| 12 Spruce Street | Augusta | ME | 04330 | N/A | PC | Unrestricted Support | $1,000 |
| The Maine Long-Term Care Ombudsman Program | |||||||
| 61 Winthrop Street | Augusta | ME | 04330 | N/A | PC | Unrestricted Support | $1,000 |
| Women Veteran's Glamping | |||||||
| 126 Western Ave 197 | Augusta | ME | 04330 | N/A | PC | Land Power Support | $1,000 |
| Alfond Youth Center | |||||||
| 126 North Street | Waterville | ME | 04901 | N/A | PC | Polar Bear Dip Event Support | $1,000 |
| Alfond Youth Center | |||||||
| 126 North Street | Waterville | ME | 04901 | N/A | PC | Event Support | $1,000 |
| Maine Boys to Men | |||||||
| PO Box 8325 | Portland | ME | 04104 | N/A | PC | Unrestricted Donation | $1,000 |
| The Telling Room | |||||||
| 225 Commercial St Suite 201 | Portland | ME | 04101 | N/A | PC | Unrestricted Support | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $824,202 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Alfond Youth & Community Center | |||||||
| 126 North Street | Waterville | ME | 04901 | N/A | PC | Catalyst Grant - Behavioral Health Program | $30,000 |
| Foundation for Portland Public Schools | |||||||
| 353 Cumberland Ave | Portland | ME | 04101 | N/A | PC | Catalyst Grant - Mobile Vision & Personal Care Product Programs | $30,000 |
| Maine Arts Academy | |||||||
| 310 Cony Rd | Augusta | ME | 04330 | N/A | PC | Catalyst Grant - Theater Renovations | $30,000 |
| Waterville Area Soup Kitchen | |||||||
| PO Box 1494 | Waterville | ME | 04903 | N/A | PC | Catalyst Grant - Kitchen Renovation Project | $30,000 |
| Boys and Girls Club Augusta Teen Center | |||||||
| 244 Water Street | Augusta | ME | 04330 | N/A | PC | Catalyst Grant - Community Makers Space Program | $30,000 |
| Mitchell Institute | |||||||
| 75 Washington Ave Suite 2E | Portland | ME | 04101 | N/A | PC | Catalyst Grant - Student Support Fund | $30,000 |
| CYC Lake Association | |||||||
| PO Box 17 | Manchester | ME | 04351 | N/A | PC | Challenge Grant - Lake Mitigation Project | $120,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $300,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $257,419 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,146,669 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Grant Recovery | Desc |
| Related Or Exempt Function Incm | $165,000 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,404,088 | ExclusionAmt |
| Related Or Exempt Function Incm | $165,000 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,569,088 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11 | LineNumberTxt |
| Relationship Statement | Grant Recovery | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | 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 | Kennebec Savings Bank | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 State Street | AddressLine1Txt |
| City | Augusta | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04330 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $680,320 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | Publicly Traded Securities | NoncashPropertyDesc |
| Fair Market Value | $680,320 | FairMarketValueAmt |
| Received | 2024-12-26 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $9,750 | Amt |
| Net Investment Income | $4,875 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,875 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (30 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 75000 SHR AT&T INC T 2.300 06/01/27 '27 | $70,769 | $70,769 |
| 120000 SHR American Express Co 4.90% due 02/13/2026 | $120,422 | $120,422 |
| 120000 SHR Amgen Inc 5.25% due 03/02/2033 | $119,210 | $119,210 |
| 50000 SHR Apple Inc 3.25% due 02/23/2026 | $49,404 | $49,404 |
| 80000 SHR Bank Of America Corp 2.087% due 06/14/29 '28 | $72,610 | $72,610 |
| 60000 SHR Broadcom Inc 4.75% due 04/15/2029 | $59,562 | $59,562 |
| 60000 SHR CVS Health Corp 5.00% due 01/30/2029 | $59,115 | $59,115 |
| 90000 SHR Charles Schwab Corp 6.196% due 11/17/2029 | $93,757 | $93,757 |
| 75000 SHR Citigroup INC C 1.462 06/09/27 '26 Frn | $71,388 | $71,388 |
| 120000 SHR Citizens Financial Group Inc. 5.718% due 7/23/2032 | $121,063 | $121,063 |
| 100000 SHR Fifth Third Bancorp 6.361% due 10/27/2028 | $103,453 | $103,453 |
| 60000 SHR Goldman Sachs Group 3.8% due 03/15/2030 | $56,159 | $56,159 |
| 120000 SHR Huntington Bancshares Incorporated 5.272% due 01/15/2031 | $119,978 | $119,978 |
| 80000 SHR Intel Corp 2.45% Due 11/15/2029 | $70,185 | $70,185 |
| 80000 SHR Intercontinental Exchange INC 2.1% 06/15/30 | $69,304 | $69,304 |
| 55000 SHR Keycorp Key 2.250 04/06/27 Mtn | $51,811 | $51,811 |
| 70000 SHR Lowe's Cos Inc 3.1% Due 05/03/2027 | $67,683 | $67,683 |
| 60000 SHR Meta Plaorms Inc. 3.50% due 08/15/2027 | $58,632 | $58,632 |
| 75000 SHR Morgan Stanley Ms 1.593 05/04/27 '26 Mtn | $71,895 | $71,895 |
| 45000 SHR ORCL 2.65% due 07/15/2026 | $43,651 | $43,651 |
| 30000 SHR PEP 2.75% due 04/30/2025 | $29,830 | $29,830 |
| 100000 SHR PNC Financial Services Group Inc 6.037% due 10/28/33 | $103,491 | $103,491 |
| 65000 SHR Salesforce.com Inc 3.7% Due 4/11/2028 | $63,213 | $63,213 |
| 80000 SHR Starbucks Corp 2.25% due 03/12/30 | $70,073 | $70,073 |
| 30000 SHR Target Corp 2.5% Due 04/15/2026 | $29,270 | $29,270 |
| 55000 SHR VMWare Inc 1.80% due 08/15/2028 | $49,330 | $49,330 |
| 80000 SHR Walt Disney CO Dis 2.000 09/01/29 '29 | $71,061 | $71,061 |
| 50000 SHR Wells Fargo Co 3.55% due 09/29/25 | $49,632 | $49,632 |
| 120000 Williams Companies Inc. 5.3% due 08/15/2028 | $121,072 | $121,072 |
| 60000 SHR Aon Plc 3.875% due 12/15/2025 | $59,553 | $59,553 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (55 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 13742.227 SHR American Europacific Growth (Mstar ***) | $739,057 | $739,057 |
| 7554.064 SHR Invesco Oppenheimer Developing Markets I (Mstar ****) | $287,357 | $287,357 |
| 11901.862 SHR Clearbridge Intl Growth Fund (Mstar ****) | $769,336 | $769,336 |
| 20959.944 SHR Touchstone Sands Cap Emg Mrkts Growth Fd Inst (Mstar *****) | $301,404 | $301,404 |
| 7675.18 SHR T. Rowe Price Mid-Cap Growth I (Mstar ***) | $767,825 | $767,825 |
| 24476.763 SHR MFS Mid Cap Value Fund (Mstar ****) | $778,116 | $778,116 |
| 5652.49 SHR Cohen & Steers Instl Realty Shs (Mstar *****) | $270,811 | $270,811 |
| 7709.647 SHR Vanguard Small Cap Index Admiral (Mstar ***) | $887,843 | $887,843 |
| 348 SHR Abbvie Inc. | $99,867 | $99,867 |
| 175 SHR Adobe Sys Inc | $77,819 | $77,819 |
| 2017 SHR Alphabet Inc. Cl A | $381,818 | $381,818 |
| 354 SHR Alphabet Inc. Cl C | $67,416 | $67,416 |
| 1721 SHR Amazon.com Inc. | $377,570 | $377,570 |
| 254 SHR American Tower Corporation | $46,586 | $46,586 |
| 179 SHR Ameriprise Financial Inc | $95,305 | $95,305 |
| 1996 SHR Apple Inc. | $499,838 | $499,838 |
| 325 SHR Berkshire Hathaway Cl B | $147,316 | $147,316 |
| 32 SHR Booking Holdings Inc | $158,989 | $158,989 |
| 935 SHR Broadcom Inc | $216,770 | $216,770 |
| 346 SHR Caterpillar Inc | $125,515 | $125,515 |
| 2020 SHR Cisco Systems Inc. | $119,584 | $119,584 |
| 692 SHR Conocophillips | $68,626 | $68,626 |
| 132 SHR Costco Wholesale Corp. | $120,948 | $120,948 |
| 308 SHR Danaher Corp. | $70,701 | $70,701 |
| 1696 SHR Dow Inc | $68,060 | $68,060 |
| 482 SHR Ecolab Inc | $112,942 | $112,942 |
| 1506 SHR Exxon Mobil Corp | $162,000 | $162,000 |
| 3535 SHR Ford Motor Co | $34,997 | $34,997 |
| 670 SHR Fortive Corp | $50,250 | $50,250 |
| 280 SHR Home Depot Inc | $108,917 | $108,917 |
| 438 SHR Honeywell Intl Inc. | $98,940 | $98,940 |
| 616 SHR JPMorgan Chase & Co. | $147,661 | $147,661 |
| 305 SHR McDonald's Corp. | $88,416 | $88,416 |
| 854 SHR Merck & Co. Inc. | $84,956 | $84,956 |
| 201 SHR Meta Platforms Inc Cl A | $117,688 | $117,688 |
| 1386 SHR Microsoft Corp | $584,198 | $584,198 |
| 189 SHR Northrop Grumman Corp | $88,696 | $88,696 |
| 2734 SHR Nvidia Corp | $367,149 | $367,149 |
| 405 SHR PNC Financial Services Group | $78,104 | $78,104 |
| 1248 SHR Paypal Holdings Inc | $106,517 | $106,517 |
| 611 SHR PepsiCo, Inc. | $92,909 | $92,909 |
| 400 SHR Procter & Gamble Co. | $67,060 | $67,060 |
| 790 SHR Raytheon Technologies Corp | $112,480 | $112,480 |
| 687 SHR Salesforce Inc | $122,699 | $122,699 |
| 375 SHR Tesla Motors Inc | $57,345 | $57,345 |
| 209 SHR Thermo Fisher Scientific Inc. | $108,728 | $108,728 |
| 515 SHR Union Pacific Corp. | $117,441 | $117,441 |
| 291 SHR UnitedHealth Group Inc. | $147,205 | $147,205 |
| 415 SHR Visa Inc. | $131,157 | $131,157 |
| 1037 SHR Walmart Inc. | $93,693 | $93,693 |
| 585 SHR Walt Disney Co | $65,140 | $65,140 |
| 360 SHR Z oetis Inc | $58,655 | $58,655 |
| 370 SHR Chubb Ltd | $102,231 | $102,231 |
| 2387 SHR Eaton Corp PLC | $792,174 | $792,174 |
| 630 SHR TE Connectivity Ltd. | $90,071 | $90,071 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,989,416 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,989,416 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized Gain on Investments | Desc |
| Amt | $28,821 | Amt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Grant Recovery | Desc |
| Revenue And Expenses Per Books | $165,000 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $165,000 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $60,957 | Amt |
| Net Investment Income | $60,957 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Excise Taxes | CategoryTxt |
| Amt | $9,620 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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