HAROLD ALFOND FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
HAROLD ALFOND FOUNDATION (EIN 22-3281672)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-15
IRS object ID
201933199349102738
Schema version
2018v3.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-15T12:03:38-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010448006PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ALBIN RANDALL & BENNETTBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 445 130 MIDDLE STREETAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationMEStateAbbreviationCd
ZIP041120445ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223281672EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HAROLD ALFOND FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O DEXTER ENTERPRISES INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHAROBusinessNameControlTxt
Phone2078287999PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1TWO MONUMENT SQUAREAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04101ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGREGORY W POWELLPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2078287999PhoneNum
Signature2019-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDANIEL P DOIRONPreparerPersonNm
PTINP01206204PTIN
Phone2077721981PhoneNum
Preparation2019-11-08PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address69.49.137.50IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-08IPDt
IP Tm09:19:17IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9DAC21C56D5937C2017AFD03C4435009BF38EAE7AtSubmissionCreationDeviceId
At Submission Filing Device Id67DC84DCF5C6EDCFD4F84000A6A47560EFCE596FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$818,413,859FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2,528,633InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,528,633InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$7,787,728DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,615,132DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$28,648,826NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$39,815,576GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$19,301,968CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$564,731OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$373,367OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$39,529,918TotalRevAndExpnssAmt
Total Net Invst Incm$29,819,100TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$64,052LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$6,444LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$57,608LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$23,450AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$9,380AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$14,070AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$1,216,248OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$592,837OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$623,411OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$1,052,877TaxesRevAndExpnssAmt
Taxes Net Invst Incm$321,262TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$40,778TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$16,311TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$24,467TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$8,592,972OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$5,520,500OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$4,845OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$10,990,377TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,466,734TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$724,401TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$41,311,781ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$40,959,865ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$52,302,158TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,466,734TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$41,684,266TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$12,772,240ExcessRevenueOverExpensesAmt
Net Investment Income$23,352,366NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$5,130CashBOYAmt
Cash EOY$55,695CashEOYAmt
Cash EOYFMV$55,695CashEOYFMVAmt
Sav And Temp Cash Invst BOY$10,046,084SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$5,480,947SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$5,480,947SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$352,444,594CorporateStockBOYAmt
Corporate Stock EOY$328,957,277CorporateStockEOYAmt
Corporate Stock EOYFMV$497,631,951CorporateStockEOYFMVAmt
Corporate Bonds BOY$45,132,533CorporateBondsBOYAmt
Corporate Bonds EOY$46,045,048CorporateBondsEOYAmt
Corporate Bonds EOYFMV$45,579,810CorporateBondsEOYFMVAmt
Other Investments BOY$190,533,501OtherInvestmentsBOYAmt
Other Investments EOY$205,202,551OtherInvestmentsEOYAmt
Other Investments EOYFMV$269,660,456OtherInvestmentsEOYFMVAmt
Other Assets BOY$5,000OtherAssetsBOYAmt
Other Assets EOY$5,000OtherAssetsEOYAmt
Other Assets EOYFMV$5,000OtherAssetsEOYFMVAmt
Total Assets BOY$598,166,842TotalAssetsBOYAmt
Total Assets EOY$585,746,518TotalAssetsEOYAmt
Total Assets EOYFMV$818,413,859TotalAssetsEOYFMVAmt
Other Liabilities BOY$4,000,000OtherLiabilitiesBOYAmt
Other Liabilities EOY$4,351,916OtherLiabilitiesEOYAmt
Total Liabilities BOY$4,000,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,351,916TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$594,166,842CapitalStockBOYAmt
Capital Stock EOY$581,394,602CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$0RetainedEarningBOYAmt
Retained Earning EOY$0RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$594,166,842TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$581,394,602TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$598,166,842TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$585,746,518TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$594,166,842TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$12,772,240ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$581,394,602SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$581,394,602TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtCost Or Other BasisCostOrOtherBasisAmt
REALTY ASSOCIATES FUND IX CORPORATIONP$43,611$43,611$43,611
PUBLICLY TRADED SECURITIESD$11,610,886$11,610,886$11,610,886
OCH ZIFF CAPITAL PASS-THROUGHP$8,132$8,132$8,132
SPECIAL OPPS III PASS-THROUGHP$360,011$360,011$360,011
LEGACY VENTURE IV PASS-THROUGHP$132,808$132,808$132,808
LEGACY VENTURE V PASS-THROUGHP$274,037$274,037$274,037
BLACKSTONE REAL ESTATE PASS-THROUGHP$235,534$235,534$235,534
DEXTER HEDGE FUNDS TE PASS-THROUGHP$1,549,856$1,549,856$1,549,856
DEXTER TS US PASS-THROUGHP-$913,147-$913,147$913,147
DEXTER TS INDIA FUND PASS-THROUGHP-$34,082-$34,082$34,082
DEXTER US EQUITY TE PASS-THROUGHP-$3,236,466-$3,236,466$3,236,466
DEXTER FIXED INCOME TE PASS-THROUGHP-$500,375-$500,375$500,375
DEXTER INTERNATIONAL EQUITY PASS-THROUGHP$3,000,418$3,000,418$3,000,418
DEXTER GLOBAL EQUITY TE PASS-THROUGHP$2,847,161$2,847,161$2,847,161
DEXTER PRIVATE EQUITY PASS-THROUGHP$1,620,873$1,620,873$1,620,873
DEXTER REAL ASSETS PASS-THROUGHP$3,043,775$3,043,775$3,043,775
CLASS ACTION PROCEEDSP$570$570$570
ADJUSTMENT FOR GAINS INCLUDED IN UBTIP-$741,634-$741,634$741,634
FieldValueIRS element (for citing)
Capital Gain Net Income$19,301,968CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$46,351,343AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$776,253,417NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.059712DistributionYr1Rt
Adjusted Qlfy Distri Yr2$37,663,163AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$733,858,913NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.051322DistributionYr2Rt
Adjusted Qlfy Distri Yr3$35,704,178AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$735,472,955NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.048546DistributionYr3Rt
Adjusted Qlfy Distri Yr4$32,953,278AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$727,180,835NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.045316DistributionYr4Rt
Adjusted Qlfy Distri Yr5$28,392,988AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$664,218,594NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.042746DistributionYr5Rt
Total Distribution0.247642TotalDistributionRt
Average Distribution0.049528AverageDistributionRt
Net Vl Noncharitable Assets$818,392,416NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$40,533,340AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$233,524NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$40,766,864AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$42,036,182QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$233,524InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$233,524SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$233,524TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$426,672EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$426,672TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$193,148OverpaymentAmt
Applied To ES Tax$193,148AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateMEOrgReportOrRegisterStateCd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressWWW.HAROLDALFONDFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksDEXTER ENTERPRISES INCIndividualWithBooksNm
Phone2078287999PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1TWO MONUMENT SQUAREAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04101ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As ExcYes (1)TransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (1)MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
THEODORE B ALFOND
C/O DEXTER ENT TWO MONUMENT SQUAREPORTLANDME04101TRUSTEE2.00$0$0$0
WILLIAM L ALFOND
C/O DEXTER ENT TWO MONUMENT SQUAREPORTLANDME04101TRUSTEE1.00$0$0$0
GREGORY W POWELL - SEE STATEMENT 15
C/O DEXTER ENT TWO MONUMENT SQUAREPORTLANDME04101TRUSTEE27.00$0$0$0
PETER H LUNDER
C/O DEXTER ENT TWO MONUMENT SQUAREPORTLANDME04101TRUSTEE1.00$0$0$0
STEVEN P AKIN
C/O DEXTER ENT TWO MONUMENT SQUAREPORTLANDME04101TRUSTEE8.00$0$0$0
THERESA M STONE
C/O DEXTER ENT TWO MONUMENT SQUAREPORTLANDME04101TRUSTEE7.00$0$0$0
DAVID T FLANAGAN
C/O DEXTER ENT TWO MONUMENT SQUAREPORTLANDME04101TRUSTEE7.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
DEXTER PRIVATE EQUITY TE LLC
TWO MONUMENT SQUAREPORTLANDME04101INVEST PORTFOLIO DEDUCTIONS$1,722,371
DEXTER US EQUITY TE LLC
TWO MONUMENT SQUAREPORTLANDME04101INVEST PORTFOLIO DEDUCTIONS$1,104,458
DEXTER ENTERPRISES INC
TWO MONUMENT SQUAREPORTLANDME04101INVESTMENT & GRANT ADMINISTRATION$978,744
DEXTER REAL ASSETS TE LLC
TWO MONUMENT SQUAREPORTLANDME04101INVEST PORTFOLIO DEDUCTIONS$846,102
DEXTER INTERNATIONAL EQUITY TE LLC
TWO MONUMENT SQUAREPORTLANDME04101INVEST PORTFOLIO DEDUCTIONS$745,819
FieldValueIRS element (for citing)
Contractor Paid Over50k4ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NONEDescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$820,021,972AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$10,833,273AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$830,855,245TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$830,855,245AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$12,462,829CashDeemedCharitableAmt
Net Vl Noncharitable Assets$818,392,416NetVlNoncharitableAssetsAmt
Minimum Investment Return$40,919,621MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$40,919,621MinimumInvestmentReturnAmt
Tax Based On Investment Income$233,524TaxBasedOnInvestmentIncomeAmt
Total Tax$233,524TotalTaxAmt
Distributable Before Adj$40,686,097DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$40,686,097DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$40,686,097DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$41,684,266ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Set Aside Suitability Test$351,916SetAsideSuitabilityTestAmt
Qualifying Distributions$42,036,182QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$233,524PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$41,802,658AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$40,686,097DistributableAsAdjustedAmt
Undistributed Income PY$2,532,894UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$42,036,182QualifyingDistributionsAmt
Applied To Year1$2,532,894AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$39,503,288AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$1,182,809UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonREFER TO GRANT GUIDELINES AT WWWHARRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1DEXTER ENTERPRISES INC TWO MONUMENTAddressLine1Txt
Address Line2SQUAREAddressLine2Txt
CityPORTLANDCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04101ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2078287999RecipientPhoneNum
Form And Info And MaterialsREFER TO GRANT GUIDELINES AT WWW.HAROLDALFONDFOUNDATION.ORGFormAndInfoAndMaterialsTxt
Submission DeadlinesREFER TO GRANT GUIDELINES AT WWW.HAROLDALFONDFOUNDATION.ORGSubmissionDeadlinesTxt
Restrictions On AwardsREFER TO GRANT GUIDELINES AT WWW.HAROLDALFONDFOUNDATION.ORGRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (62 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BELGRADE REGIONAL CONSERVATION ALLIANCE DBA 7 LAKES ALLIANCE
PO BOX 250BELGRADE LAKESME04918PCBRCA CAPACITY-BUILDING (YEAR 2)$610,000
ABBOTT MEMORIAL LIBRARY
1 CHURCH STREETDEXTERME04930PCABBOTT MEMORIAL LIBRARY EXTERIOR RENOVATION PROJECT$212,000
ALFOND SCHOLARSHIP FOUNDATION
15 MONUMENT SQUARE 2ND FLOORPORTLANDME04101SO I2018 OPERATIONS$705,000
ALFOND SCHOLARSHIP FOUNDATION
15 MONUMENT SQUARE 2ND FLOORPORTLANDME04101SO IASF SCHOLARSHIP PAYMENTS 2018$5,485,977
ALFOND SCHOLARSHIP FOUNDATION
15 MONUMENT SQUARE 2ND FLOORPORTLANDME04101SO IQUARTERLY FAME EXPENSES 2018$200,000
ALFOND YOUTH CENTER
126 NORTH STREETWATERVILLEME04901PCALFOND LITTLE LEAGUE$150
ALFOND YOUTH CENTER
126 NORTH STREETWATERVILLEME04901PCSTRATEGIC LONG TERM CAPITAL AND DEVELOPMENT SUSTAINABILITY AT THE ALFOND YOUTH CENTER$641,912
ALFOND YOUTH CENTER
126 NORTH STREETWATERVILLEME04901PCWELLNESS PROJECT$1,061,856
AMERICAN UNIVERSITY IN BULGARIA
910 17TH ST NW SUITE 1100WASHINGTONDC20006PCUNRESTRICTED$10,000
AROOSTOOK MENTAL HEALTH SERVICES INC
PO BOX 1018CARIBOUME04736PCAROOSTOOK TEEN LEADERSHIP CAMP (ATLC) PROGRAM$500
ARTS FOUNDATION OF CAPE COD
396 MAIN STREETHYANNISMA02601PCUNRESTRICTED$4,500
BELGRADE REGIONAL CONSERVATION ALLIANCE
PO BOX 250BELGRADE LAKESME04918PCEAST POND RESTORATION TREATMENT$200,000
BELGRADE REGIONAL CONSERVATION ALLIANCE
PO BOX 250BELGRADE LAKESME04918PCBRCA CAPACITY BUILDING (YEAR 1)$200,000
BELGRADE REGIONAL HEALTH CENTER
PO BOX 304BELGRADE LAKESME04918PCPATIENT WORKFLOW REMODELING$15,000
BETH ISRAEL CONGREGATION
PO BOX 1882WATERVILLEME04903PCOPERATIONS$50,000
BOYS AND GIRLS CLUBS OF PUERTO RICO
PO BOX 79526CAROLINAPR009849526PCPHASE I OF VIMENTI PROJECT$500,000
CENTER FOR CURRICULUM REDESIGN
10 JAMAICAWAY 18BOSTONMA02130PCCS AND BIOTECH EDUCATION FOR EMPLOYABILITY AND LIFE$132,887
CENTER FOR CURRICULUM REDESIGN
10 JAMAICAWAY 18BOSTONMA02130PCCYBERPANTHERS CS PATH FOR EDUCATION, EMPLOYABILITY AND LIFE$440,000
CHILDREN'S CENTER EARLY INTERVENTION AND FAMILY SUPPORT
1 ALDEN AVEAUGUSTAME043300000PCUNRESTRICTED$5,000
COASTAL MAINE BOTANICAL GARDENS INC
PO BOX 234BOOTHBAYME04537PC2015-2035 MASTER PLAN (GRANT)$1,500,000
COBSCOOK COMMUNITY LEARNING CENTER
10 COMMISSARY POINT ROADTRESCOTT TWPME04652PCHEARTWOOD CLASSROOMS$175,000
COLBY COLLEGE
4000 MAYFLOWER HILLWATERVILLEME049018846PCATHLETICS CENTER$10,000,000
COLBY COLLEGE
4000 MAYFLOWER HILLWATERVILLEME049018846PCWATERVILLE DOWNTOWN DEVELOPMENT FUND$793,139
EAGLES NEST FOUNDATION INCORPORATED
43 HART RDPISGAH FORESTNC28768PCUNRESTRICTED$2,500
EDUCATE MAINE
482 CONGRESS STREET SUITE 303PORTLANDME04101PCELEVATE SOMERSET: RURAL EARLY CHILDHOOD EDUCATION REPLICATION$250,000
FOUNDATION FOR A STRONG MAINE ECONOMY
125 COMMUNITY DRIVE SUITE 101AUGUSTAME04330PCFOCUSMAINE YEARS ONE TO THREE OF TEN-YEAR IMPLEMENTATION PLAN$1,812,181
GOOD WILL-HINCKLEY
PO BOX 159HINCKLEYME04944PCMOODY SCHOOL RENOVATION$2,750,000
GULFSHORE PLAYHOUSE
1010 5TH AVE S SUITE 205NAPLESFL341026408PCUNRESTRICTED$10,000
JOBS FOR MAINE'S GRADUATES INC
65 STONE STREETAUGUSTAME04330PCENDOWMENT AND COLLEGE & CAREER SUCCESS INITIATIVE$581,716
KENNEBEC BEHAVIORAL HEALTH
67 EUSTIS PARKWAYWATERVILLEME04901PCANNUAL FUND$2,000
KENNEBEC BEHAVIORAL HEALTH
67 EUSTIS PARKWAYWATERVILLEME04901PCCENTER FOR RECOVERY AND WELLBEING$317,448
KENNEBEC VALLEY DENTAL COALITION INC
93 MAIN ST THIRD FLOOR SUITE 15WATERVILLEME04901PCPROJECT TO PRESERVE SAFETY NET ORAL HEALTH SERVICES FOR CENTRAL MAINE$500,000
MAINE CANCER FOUNDATION
170 US ROUTE 1 SUITE 250FALMOUTHME04105PCUNRESTRICTED$5,000
MAINE COMMUNITY FOUNDATION INC
245 MAIN STREETELLSWORTHME04605PCKENNEBEC COUNTY FUND$10,000
MAINE IRISH HERITAGE CENTER
PO BOX 7588PORTLANDME04112PCUNRESTRICTED$10,000
MAINE SPORTS COMMISSION
44 LAKESIDE DRIVEFALMOUTHME04105NC2018 #SHERULES SYMPOSIUM$5,000
MAINEGENERAL HEALTH
35 MEDICAL CENTER PARKWAYAUGUSTAME043308160PCDIGITAL STRATEGY DEVELOPMENT$250,000
MAINEGENERAL HEALTH
35 MEDICAL CENTER PARKWAYAUGUSTAME043308160PCREVENUE AND EFFICIENCY ENHANCEMENT AND EXPENSE REDUCTION INITIATIVES$1,000,000
MAINEHEALTH
110 FORE STREETPORTLANDME04101SO IIITHE DEVELOPMENT OF AN INTEGRATED, PATIENT-CENTERED ONCOLOGY SERVICE LINE FOR MAINE$856,450
MAINEGENERAL HEALTH
35 MEDICAL CENTER PARKWAYAUGUSTAME043308160PCTHE DEVELOPMENT OF AN INTEGRATED, PATIENT-CENTERED ONCOLOGY SERVICE LINE FOR MAINE$143,550
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUECAMBRIDGEMA02139PCUNRESTRICTED$40,000
OLYMPIA SNOWE WOMEN'S LEADERSHIP INSTITUTE
ONE CANAL PLAZA SUITE 501PORTLANDME04101PCSUPPORT FOR LONG-TERM SUSTAINABLE DELIVERY OF THE OLYMPIA SNOWE WOMEN'S LEADERSHIP PROGRAMMING STATEWIDE IN MAINE$500,000
SEEDS OF PEACE INC
370 LEXINGTON AVE SUITE 1201NEW YORKNY10017PCWATERVILLE AND WINSLOW SEEDS PROGRAM$25,000
SPECTRUM GENERATIONS
ONE WESTON COURTAUGUSTAME04338PCMEALS ON WHEELS PROGRAM$1,200
SUSAN CURTIS FOUNDATION
1321 WASHINGTON AVE SUITE 104PORTLANDME04103PCCAMP SUSAN CURTIS YOUTH DEVELOPMENT PROGRAM$14,400
THE CAHOON MUSEUM OF AMERICAN ART INC
PO BOX 1853COTUITMA02635PCUNRESTRICTED$14,000
THE FOUNDATION FOR MAINE'S COMMUNITY COLLEGES
54 LIGHTHOUSE CIRCLESOUTH PORTLANDME04106PCAN INITIATIVE FOR INNOVATION IN WORKFORCE TRAINING AND DELIVERY AT MAINE'S COMMUNITY COLLEGES$1,400,000
THE FRIENDS OF BELGRADE LAKES VILLAGE
PO BOX 331BELGRADE LAKESME04918PCBELGRADE LAKES VILLAGE ENHANCEMENTS$120,000
THE MAINE CHILDREN'S HOME FOR LITTLE WANDERERS
93 SILVER STREETWATERVILLEME04901PCANNUAL FUND$15,000
THE MUSICIAN'S AID SOCIETY OF NEW YORK
233 BROADWAY SUITE 2208NEW YORKNY10279POFUNRESTRICTED$5,000
THE PIONEER INSTITUTE
185 DEVONSHIRE STREET SUITE 1101BOSTONMA02110PCUNRESTRICTED$9,000
UNITED WAY OF MID-MAINE INC
105 KENNEDY MEMORIAL DRIVEWATERVILLEME04901PCUNITED WAY OF MID-MAINE ANNUAL FUND$12,500
UNIVERSITY OF MAINE FOUNDATION
TWO ALUMNI PLACEORONOME044695792PCATHLETICS LEADERSHIP$25,000
UNIVERSITY OF MAINE FOUNDATION
TWO ALUMNI PLACEORONOME044695792PCPROPOSAL TO CREATE "THE ALFOND FUND" TO SUPPORT UMAINE ATHLETIC EXCELLENCE$500,000
UNIVERSITY OF MAINE SYSTEM
16 CENTRAL STREETBANGORME04401PCLEADERSHIP ENDOWMENT$9,223
UNIVERSITY OF MAINE SYSTEM
16 CENTRAL STREETBANGORME04401PCMAINE CENTER FOR GRADUATE PROFESSIONAL STUDIES$500,000
UNIVERSITY OF MAINE SYSTEM
16 CENTRAL STREETBANGORME04401PCUNIVERSITY OF MAINE LEADERSHIP ENDOWMENT$4,990,777
VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE
300 ARBORETUM PLACE SUITE 200RICHMONDVA23236PCUNRESTRICTED$10,000
WATERVILLE DEVELOPMENT CORPORATION
ONE COMMON STREETWATERVILLEME04901PCSUPPORT OF CGI INC.'S BUSINESS EXPANSION TO WATERVILLE$200,000
WATERVILLE OPERA HOUSE IMPROVEMENT ASSOCIATION
93 MAIN STREET 3RD FLOORWATERVILLEME04901PC2018-2019 SEASON$15,000
WATERVILLE REGIONAL ARTS AND COMMUNITY CENTER (WRACC)
93 MAIN STREETWATERVILLEME04901PC2019 -2023 OPERATING SUPPORT$1,000,000
WATERVILLE REGIONAL ARTS AND COMMUNITY CENTER (WRACC)
93 MAIN STREETWATERVILLEME04901PCWATERVILLE CREATES! VISION AND ACTION PLAN$105,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$40,959,866TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BOYS & GIRLS CLUBS OF PUERTO RICO INC
PO BOX 79526CAROLINAPR009849526PCPHASE I OF VIMENTI PROJECT$500,000
CENTER FOR CURRICULUM REDESIGN
10 JAMAICAWAY 18BOSTONMA02130PCCYBERPANTHERS CS PATH FOR EDUCATION, EMPLOYABILITY AND LIFE$441,000
COLBY COLLEGE
4000 MAYFLOWER HILLWATERVILLEME049018846PCATHLETICS CENTER$10,000,000
THE FOUNDATION FOR MAINE'S COMMUNITY COLLEGES
54 LIGHTHOUSE CIRCLESOUTH PORTLANDME04106PCAN INITIATIVE FOR INNOVATION IN WORKFORCE TRAINING AND DELIVERY AT MAINE'S COMMUNITY COLLEGES$2,200,000
JOBS FOR MAINE'S GRADUATES INC
65 STONE STREETAUGUSTAME04330PCENDOWMENT AND COLLEGE & CAREER SUCCESS INITIATIVE$3,826,863
WATERVILLE REGIONAL ARTS AND COMMUNITY CENTER (WRACC)
93 MAIN STREETWATERVILLEME04901PC2019 -2023 OPERATING SUPPORT$4,000,000
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$20,967,863TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,528,633ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,787,728ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$564,731ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Business900099BusinessCd
Unrelated Business Taxbl Incm$741,634UnrelatedBusinessTaxblIncmAmt
Exclusion18ExclusionCd
Exclusion$27,907,192ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$741,634UnrelatedBusinessTaxblIncmAmt
Exclusion$38,788,284ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$39,529,918TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number1LineNumberTxt
Relationship StatementNOT APPLICABLERelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATIONCategoryTxt
Amt$23,450Amt
Net Investment Income$9,380NetInvestmentIncomeAmt
Disbursements Charitable Prps$14,070DisbursementsCharitablePrpsAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdGrantGrantDtGrantGrantAmtPurpose Of GrantPurposeOfGrantTxtExpended By GranteeExpendedByGranteeAmtAny Diversion By GranteeAnyDiversionByGranteeTxtDates Of Reports By GranteeDatesOfReportsByGranteeTxtVerificationVerificationDtResults Of VerificationResultsOfVerificationTxt
WATERVILLE DEVELOPMENT CORPORATION
ONE COMMON STREETWATERVILLEME049012016-06-30$1,000,000FOR WATERVILLE DEVELOPMENT CORPORATION TO SUPPORT BUSINESS EXPANSION AND JOB GROWTH IN WATERVILLE, SPECIFICALLY THROUGH CGI'S EXPANSION TO THE CITY.$600,000TO THE BEST OF THE GRANTOR'S KNOWLEDGE, THERE WERE NO DIVERTED FUNDS.AUGUST 15, 2017; JULY 10, 2018; SEPTEMBER 25, 20192019-09-25THE GRANTOR VERIFIED WATERVILLE DEVELOPMENT CORPORATION SUPPORTED THE EXPANSION OF CGI TO WATERVILLE BY PROVIDING GRANT FUNDS IN SUPPORT OF CGI'S EXPENDITURES REQUIRED TO DEVELOP NEW TECHNOLOGIES AND PRODUCTS IN THE FINANCIAL SERVICES AND OTHER INDUSTRIES. THE GRANTOR OBTAINED REPRESENTATIONS FROM THE GRANTEE IN THE GRANTEE'S ANNUAL EXPENDITURE RESPONSIBILITY REPORT THAT THE GRANTEE HAS EXPENDED $600,000 OF GRANT FUNDS TO CGI AND THAT CGI, IN TURN, HAS EXPENDED $482,377.99 OF GRANT FUNDS IN COMPLIANCE WITH THE TERMS OF THE GRANT AGREEMENT. THE GRANTOR HAS VALID REASONS TO BELIEVE THE $117,622.01 OF FUNDS YET TO BE EXPENDED BY CGI WILL BE EXPENDED IN COMPLIANCE WITH THE TERMS OF THE GRANT AGREEMENT. THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE.
MAINE SPORTS COMMISSION
44 LAKESIDE DRIVEFALMOUTHME041052018-02-23$5,000TO SUPPORT THE 2018/2019 SHE RULES SYMPOSIUM$4,415TO THE BEST OF THE GRANTOR'S KNOWLEDGE, THERE WERE NO DIVERTED FUNDS.AUGUST 16, 2017; OCTOBER 16, 2018; AUGUST 15, 20192019-08-15THE GRANTOR OBTAINED REPRESENTATIONS FROM THE GRANTEE IN THE GRANTEE'S ANNUAL EXPENDITURE RESPONSIBILITY REPORT THAT GRANT FUNDS WERE EXPENDED IN COMPLIANCE WITH THE TERMS OF THE GRANT AGREEMENT. THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE.

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetPUBLICLY TRADED SECURITIES DONATEDAssetDesc
How AcquiredDONATEDHowAcquiredTxt
Gross Sales Price$15,087,904GrossSalesPriceAmt
Basis$6,482,680BasisAmt
Sales Expense$0SalesExpenseAmt
Total Net$8,605,224TotalNetAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

IdentifierIdentifierTxtForm And Line ReferenceFormAndLineReferenceDescMedium ExplanationMediumExplanationTxt
FOUNDATION TRUSTEE POWELL ADDITIONAL INFORMATIONFORM 990-PF, PART VIIIGREGORY POWELL IS AN EMPLOYEE OF DEXTER ENTERPRISES, INC. DEXTER ENTERPRISES, INC. IS COMPENSATED UNDER A MANAGEMENT CONTRACT WITH THE FOUNDATION. SEE STATEMENT 6 FOR DEXTER ENTERPRISES, INC. INFORMATION.
DISTRIBUTION OF PROPERTY FOR CHARITY990-PF, PART I, LINE 6A, COLUMN AUNDER REGULATION 53.4940-1, A DISTRIBUTION OF PROPERTY FOR CHARITABLE PURPOSES UNDER SECTION 170(C)(1) OR (2)(B) MADE BY A FOUNDATION TO A CHARITABLE ORGANIZATION IS NOT TREATED AS A TAXABLE SALE OR DISPOSITION. THE CAPITAL GAIN RECORDED ON THE BOOKS IS NOT TAXABLE; THEREFORE, THE PROPERTY DISTRIBUTION IS EXCLUDED FROM NET INVESTMENT INCOME, LINE 7, COLUMN (B).

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondDEXTER FIXED INCOME TE, LLCBondNm
EOY Book Value$46,045,048EOYBookValueAmt
EOYFMV$45,579,810EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BERKSHIRE HATHAWAY CL B$20,133,941$45,652,606
BERKSHIRE HATHAWAY CL A$84,015,234$190,332,000
DEXTER GLOBAL EQUITY TE, LLC$47,076,442$51,366,468
DEXTER INTERNATIONAL EQUITY TE, LLC$78,572,752$75,524,249
DEXTER US EQUITY TE, LLC$82,950,180$98,036,628
MAINEGENERAL PROGRAM RELATED INVESTMENT 100 SH BRKA COLLATERAL ACCOUNT$13,507,273$30,600,000
BRKA STOCK SET ASIDE FOR ALFOND LEADERS PROGRAM (FAME)$2,701,455$6,120,000

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (14 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
BLACKSTONE REAL ESTATE PARTNERS V AND VI, LPAT COST$1,150,248$395,358
LEGACY VENTURE FUNDSAT COST$2,496,409$5,158,639
SPECIAL OPPORTUNITIES FUNDSAT COST$0$794,700
TISHMAN SPEYER INVESTMENTS: INTERNATIONAL REAL ESTATE VENTUREAT COST$662,077$54,542
TISHMAN SPEYER INVESTMENTS: INDIA REAL ESTATE VENTUREAT COST$659,385$310,044
TISHMAN SPEYER INVESTMENTS: 201 FOLSOM INVESTOR FEEDER, LPAT COST$32,551$36,520
REALTY ASSOCIATES IXAT COST$0$1,689
DEXTER HEDGE FUNDS TE, LLCAT COST$94,145,243$117,942,619
DEXTER PRIVATE EQUITY TE, LLCAT COST$60,059,636$87,619,403
DEXTER REAL ASSETS TE, LLCAT COST$38,478,264$49,819,220
WINDJAMMER COMMUNICATION HOLDINGS, LLCAT COST$18,554$0
FIRST HORIZON NATIONAL CO.AT COST$184$263
COASTAL MAINE BOTANICAL GARDENS PRI RECEIVABLEAT COST$7,500,000$7,500,000
OCH ZIFF CAPITAL ADVISORSAT COST$0$27,459

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$64,052LegalFeesAmt
Net Investment Income$6,444NetInvestmentIncomeAmt
Disbursements Charitable Prps$57,608DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescSPORTS MEMORABILIA COLLECTIONDesc
BOY Book Value$5,000BOYBookValueAmt
EOY Book Value$5,000EOYBookValueAmt
EOYFMV$5,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT INTEREST PASS THRU FROM K-1S$354,873$251,105$0
NON DEDUCTIBLE EXPENSE PASS THRU FROM K-1S$129,728$0$0
CHARITABLE DONATIONS PASS THRU FROM K-1S$3,064$0$3,064
RENTAL LOSS FROM PASS-THRU K-1S$463,581$175,616$0
ORDINARY LOSS FROM PASS-THRU K-1S$645,826$0$0
ROYALTY DEDUCTIONS FROM PASS-THRU K-1S$62,573$62,573$0
INSURANCE$2,969$1,188$1,781
OTHER DEDUCTIONS PASS-THRU FROM K-1S$6,930,358$5,030,018$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
ROYALTY INCOME FROM PASS-THRU K-1S$115,384$115,236$115,384
ORDINARY INCOME FROM PASS-THRU K-1S$58,761$0$58,761
RENTAL INCOME FROM PASS-THRU K-1S$5,572$529$5,572
OTHER INCOME FROM PASS-THRU K-1S$385,014$257,602$385,014

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescALFOND LEADERS PROGRAM SET ASIDE PAYABLE BY 12/31/2025Desc
BOY Book Value$4,000,000BOYBookValueAmt
EOY Book Value$4,351,916EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
DEXTER ENTERPRISES, INC.$978,744$391,498$587,246
INVESTMENT MANAGEMENT FEES$1,339$1,339$0
INVESTMENT CONSULTING FEES$200,000$200,000$0
GRANT CONSULTING SERVICES$36,165$0$36,165

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES$321,262$321,262$0
NET INVESTMENT INCOME TAXES$723,000$0$0
NET STATE UBIT TAXES$8,615$0$0

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