Rural Futures Fund: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- Rural Futures Fund (EIN 20-8797462)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-08-02
- IRS object ID
- 201832149349100508
- Schema version
- 2017v2.2
- 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
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-08-02T13:34:39-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010459941 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAWSON SMITH PURVIS & BASSETT PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 CASCO STREET | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 041012902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208797462 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EMANUEL & PAULINE A LERNER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EMAN | BusinessNameControlTxt |
| Phone | 2077302779 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10370 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 041040370 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIOT R CUTLER | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 2077302779 | PhoneNum |
| Signature | 2018-06-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD B DAWSON | PreparerPersonNm |
| PTIN | P00173150 | PTIN |
| Phone | 2078740355 | PhoneNum |
| Preparation | 2018-06-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,531,960 | 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 |
| Dividends Rev And Expnss | $112,094 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $112,094 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,289,476 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,434,171 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,289,476 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$74,752 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$15,180 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,326,818 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,386,390 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $50,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $30,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $20,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $199,820 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $199,820 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $53,302 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $53,302 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $925 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $231 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $694 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,781 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,445 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $7,336 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $63 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $63 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $18,028 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $762 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $15,466 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $467 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $21,014 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $5,254 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $15,760 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $8,073 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $2,018 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,055 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $100,483 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,919 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $96,542 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $461,956 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $44,692 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $414,975 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,107,743 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,107,743 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,569,699 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $44,692 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,522,718 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$242,881 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,341,698 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $22,326 | CashBOYAmt |
| Cash EOY | $8,867 | CashEOYAmt |
| Cash EOYFMV | $8,867 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,286,977 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,752,303 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,752,303 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $5,321,440 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,223,418 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,223,418 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $621,037 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $544,718 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $544,718 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $6,379 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,431 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,415 | LandBOYAmt |
| Land EOY | $948 | LandEOYAmt |
| Land EOYFMV | $948 | LandEOYFMVAmt |
| Other Assets BOY | $1,706 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,706 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,706 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,254,901 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,531,960 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,531,960 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $7,254,901 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,531,960 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,254,901 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,531,960 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,254,901 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,531,960 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,254,901 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$242,881 | ExcessRevenueOverExpensesAmt |
| Other Increases | $30,791 | OtherIncreasesAmt |
| Subtotal | $7,042,811 | SubtotalAmt |
| Other Decreases | $510,851 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,531,960 | 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 | $3,434,171 | $2,150,264 | $1,283,907 | $1,283,907 | |
| CAPITAL GAINS FROM PASSTHROUGH ENTITIES | $5,569 | $5,569 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,289,476 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $321,209 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $7,268,007 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.044195 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $467,470 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $7,490,787 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.062406 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $708,691 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $8,217,901 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.086237 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $708,751 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $7,524,722 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.094190 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $802,499 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $6,649,051 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.120694 | DistributionYr5Rt |
| Total Distribution | 0.407722 | TotalDistributionRt |
| Average Distribution | 0.081544 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,984,441 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $569,539 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $13,417 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $582,956 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,522,718 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $13,417 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $13,417 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $13,417 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $20,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $20,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $119 | EsPenaltyAmt |
| Overpayment | $6,464 | OverpaymentAmt |
| Applied To ES Tax | $6,464 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | LERNERFOUNDATION.COM | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2077302779 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 10370 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 041040370 | 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| ELIOT R CUTLER | ||||||||
| PO BOX 10370 | PORTLAND | ME | 041040370 | DIRECTOR | 5.00 | $50,000 | $0 | $0 |
| MELANIE STEWART CUTLER | ||||||||
| PO BOX 10370 | PORTLAND | ME | 041040370 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| JUSTIN SCHAIR | ||||||||
| PO BOX 10370 | PORTLAND | ME | 041040370 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| VICTORIA BONEBAKKER | ||||||||
| PO BOX 10370 | PORTLAND | ME | 041040370 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| SUSAN RUCH | ||||||||
| PO BOX 10370 | PORTLAND | ME | 041040370 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| WILLIAM FOSTER | ||||||||
| PO BOX 10370 | PORTLAND | ME | 041040370 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $5,498,753 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,592,050 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,090,803 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,090,803 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $106,362 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,984,441 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $349,222 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $349,222 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,417 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,417 | TotalTaxAmt |
| Distributable Before Adj | $335,805 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $7,906 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $343,711 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $343,711 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,522,718 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,522,718 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $13,417 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,509,301 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $343,711 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $479,820 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $346,545 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $326,262 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $108,697 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $138,724 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,400,048 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,522,718 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $343,711 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,179,007 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,579,055 | 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 | $479,820 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,099,235 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $346,545 | ExcessFromYear4Amt |
| Excess From Year3 | $326,262 | ExcessFromYear3Amt |
| Excess From Year2 | $108,697 | ExcessFromYear2Amt |
| Excess From Year1 | $138,724 | ExcessFromYear1Amt |
| Excess From Current Year | $1,179,007 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CHEWONKI FOUNDATION | |||||||
| 485 CHEWONKI NECK ROAD | WISCASSET | ME | 04578 | N/A | PC | ASPIRATIONS INCUBATOR PROGRAM | $75,436 |
| COMMUNITY BICYCLE CENTER | |||||||
| PO BOX 783 45 GRANITE STREET | BIDDEFORD | ME | 04055 | N/A | PC | ASPIRATIONS INCUBATOR PROGRAM | $114,387 |
| KIEVE-WAVUS EDUCATION | |||||||
| PO BOX 169 | NOBLEBORO | ME | 04555 | N/A | PC | ASPIRATIONS INCUBATOR PROGRAM | $126,403 |
| MAINE YOUTH ALLIANCE DBA THE GAME LOFT | |||||||
| 78A MAIN ST | BELFAST | ME | 04915 | N/A | PC | ASPIRATIONS INCUBATOR PROGRAM | $126,306 |
| OLD-TOWN ORONO YMCA | |||||||
| 472 STILLWATER AVE | OLD TOWN | ME | 04468 | N/A | PC | ASPIRATIONS INCUBATOR PROGRAM | $79,871 |
| SEEDS OF INDEPENDENCE | |||||||
| 29 BURBANK AVE | BRUNSWICK | ME | 04011 | N/A | PC | ASPIRATIONS INCUBATOR PROGRAM | $129,697 |
| THE MAINE SEA COAST MISSION | |||||||
| 127 WEST STREET | BAR HARBOR | ME | 04609 | N/A | PC | ASPIRATIONS INCUBATOR PROGRAM FOR EDGE PROGRAM | $75,500 |
| TREKKERS INC | |||||||
| 41 BUTTERMILK DR | THOMASTON | ME | 04861 | N/A | PC | TREKKERS TRAINING INSTITUTE SEED FUNDING | $283,118 |
| UNIVERSITY OF MAINE | |||||||
| 5717 CORBETT HALL | ORONO | ME | 04469 | N/A | GOV | ASPIRATIONS INCUBATOR PROGRAM FOR BRYANT POND 4-H CAMP AND LEARNING CENTER | $97,025 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,107,743 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $112,094 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,289,476 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (6 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| ORDINARY INCOME - ENERGY TRANSFER PARTNERS, LP | 900099 | $1,623 | 14 | -$69 |
| ORDINARY INCOME - AMERIGAS PARTNERS, LP | 900099 | -$20,153 | ||
| ORDINARY INCOME - ENTERPRISE PRODUCTS PARTNERS, LP | 900099 | -$5,139 | 14 | -$2 |
| STATE OF MAINE INCOME TAX REFUND ON UBI | 900099 | $1,800 | ||
| OTHER - NORTH RIVER HATHAWAY, LLC | 900099 | -$37,703 | 14 | -$15,105 |
| OTHER - ENERGY TRANSFER PARTNERS, LP | 14 | -$4 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$59,572 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,386,390 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,326,818 | TotalIncomeProducingActyAmt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $9,781 | Amt |
| Net Investment Income | $2,445 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,336 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (6 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| COMPUTER | 2012-04-27 | $2,269 | $2,269 | 200DB | 5.000000000000 | $0 | $0 |
| PRINTER/SCANNER | 2013-09-03 | $298 | $246 | 200DB | 5.000000000000 | $35 | $0 |
| CONFERENCE ROOM CHAIRS | 2014-01-09 | $654 | $450 | 200DB | 7.000000000000 | $58 | $0 |
| CONFERENCE ROOM SIDE CHAIR | 2014-02-12 | $219 | $150 | 200DB | 7.000000000000 | $20 | $0 |
| APPLE LAPTOP | 2014-09-08 | $1,303 | $928 | 200DB | 5.000000000000 | $150 | $0 |
| OFFICE FURNITURE | 2015-02-09 | $1,636 | $921 | 200DB | 7.000000000000 | $204 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | UNDERPAYMENT PENALTY CALCULATION | IdentifierTxt |
| Form And Line Reference | FORM 990-PF, PART VI, LINE 8 | FormAndLineReferenceDesc |
| Medium Explanation | THE FOUNDATION REQUESTED ON ITS 12/31/16 FORM 990-PF THAT ITS OVERPAYMENT OF $7,929 BE APPLIED TO ITS 12/31/17 FORM 990-PF; HOWEVER ON JANUARY 15, 2018 THE FOUNDATION RECEIVED A NOTICE CP210 WITH A CHECK INCLUDED FOR THAT OVERPAYMENT. THE FOUNDATION DEPOSITED THE CHECK, NOT KNOWING THAT IT WAS SUPPOSED TO BE APPLIED TO ITS 12/31/17 FORM 990-PF, SO WE ARE RESPECTFULLY REQUESTING THAT THE AMOUNT BE FACTORED INTO THE FORM 2220 UNDERPAYMENT PENALTY. WITH THE AMOUNT FACTORED IN, THE PENALTY IS $119. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (24 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1,000 SHS REALTY INCOME CORP | $57,020 | $57,020 |
| 600 SHS AMGEN INC | $104,340 | $104,340 |
| 1,155 SHS APPLE INC | $195,461 | $195,461 |
| 1,000 SHS BECTON DICKINSON CO | $214,060 | $214,060 |
| 2,650 SHS CELGENE CORP | $276,554 | $276,554 |
| 1,800 SHS MERCK & CO INC | $101,286 | $101,286 |
| 1,280 SHS UNITEDHEALTH GROUP | $282,189 | $282,189 |
| 4,750 SHS GILEAD SCIENCES INC | $340,290 | $340,290 |
| 2,700 SHS PROCTER & GAMBLE CO | $248,076 | $248,076 |
| 7,200 SHS GENERAL ELECTRIC | $125,640 | $125,640 |
| 2,000 SHS ILLINOIS TOOL WORKS | $333,700 | $333,700 |
| 4,000 SHS PFIZER INC | $144,880 | $144,880 |
| 1,000 SHS FACEBOOK INC | $176,460 | $176,460 |
| 2,000 SHS GENERAL MILLS INC | $118,580 | $118,580 |
| 5,000 SHS VERIZON COMMUNICATIONS | $264,650 | $264,650 |
| 1,500 SHS VENTAS INC | $90,015 | $90,015 |
| 100 SHS AMAZON INC | $116,947 | $116,947 |
| 5,000 SHS GENERAL MTRS CO | $204,950 | $204,950 |
| 6,000 SHS ORCHIDS PAPER PRODS CO | $76,800 | $76,800 |
| 2,000 SHS MGM GROWTH PPTYS LLC | $58,300 | $58,300 |
| 2,000 SHS CITIGROUP INC | $148,820 | $148,820 |
| 250 SHS ALPHABET INC CAP | $261,600 | $261,600 |
| 2,000 SHS COLGATE-PALMOLIVE CO | $150,900 | $150,900 |
| 100 SHS BANK OF AMERICA CORPORATION | $131,900 | $131,900 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 3,450 UNITS ENERGY TRANSFER PARTNERS LP | FMV | $61,824 | $61,824 |
| NGP ENERGY TECHNOLOGY PARTNERS LP | AT COST | $56,285 | $56,285 |
| 3,600 UNITS AMERIGAS PARTNERS LP | FMV | $166,428 | $166,428 |
| 1,800 UNITS ENTERPRISE PRODUCTS PPTNS LP | FMV | $47,718 | $47,718 |
| 3,528.700 SHS FIDELITY CAPITAL & INCOME FUND | FMV | $36,346 | $36,346 |
| NORTH RIVER HATHAWAY, LLC | AT COST | $176,117 | $176,117 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| COMPUTER | $2,269 | $2,269 | $0 |
| PRINTER/SCANNER | $298 | $281 | $17 |
| CONFERENCE ROOM CHAIRS | $654 | $508 | $146 |
| CONFERENCE ROOM SIDE CHAIR | $219 | $170 | $49 |
| APPLE LAPTOP | $1,303 | $1,078 | $225 |
| OFFICE FURNITURE | $1,636 | $1,125 | $511 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $925 | LegalFeesAmt |
| Net Investment Income | $231 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $694 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $1,706 | BOYBookValueAmt |
| EOY Book Value | $1,706 | EOYBookValueAmt |
| EOYFMV | $1,706 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN VALUE OF INVESTMENTS | Desc |
| Amt | $510,851 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (16 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSES | $364 | $91 | $273 |
| INVESTMENT INTEREST EXPENSE FROM PASSTHROUGH ENTITIES | $297 | $297 | $0 |
| NON-DEDUCTIBLE EXPENSES FROM PASSTHROUGH ENTITIES | $22 | $0 | $0 |
| DUES & SUBSCRIPTIONS | $8,529 | $2,132 | $6,397 |
| INSURANCE | $3,551 | $888 | $2,663 |
| OTHER DEDUCTIONS FROM PASSTHROUGH ENTITIES | $511 | $511 | $0 |
| PAYROLL PROCESSING FEES | $2,375 | $0 | $2,375 |
| MISCELLANEOUS OPERATING EXPENSES | $72 | $0 | $72 |
| DEVELOPMENT EXPENSE | $11,102 | $0 | $11,102 |
| POSTAGE | $211 | $0 | $211 |
| BANK SERVICE CHARGES | $111 | $0 | $111 |
| ADVERTISING | $2,596 | $0 | $2,596 |
| SUPPLIES | $207 | $0 | $207 |
| GRANT EVALUATION PROJECT | $38,280 | $0 | $38,280 |
| STUDENT RESEARCH PROJECT | $16,000 | $0 | $16,000 |
| MARKETING | $16,255 | $0 | $16,255 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ORDINARY INCOME - ENERGY TRANSFER PARTNERS, LP | $1,554 | -$69 | $1,554 |
| ORDINARY INCOME - AMERIGAS PARTNERS, LP | -$20,153 | $0 | -$20,153 |
| ORDINARY INCOME - ENTERPRISE PRODUCTS PARTNERS, LP | -$5,141 | -$2 | -$5,141 |
| STATE OF MAINE INCOME TAX REFUND ON UBI | $1,800 | $0 | $1,800 |
| OTHER - NORTH RIVER HATHAWAY, LLC | -$52,808 | -$15,105 | -$52,808 |
| OTHER - ENERGY TRANSFER PARTNERS, LP | -$4 | -$4 | -$4 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| RETURN OF CAPITAL ON INVESTMENTS | $22,885 |
| REFUND OF PRIOR YEAR GRANT | $7,906 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $63 | Amt |
| Net Investment Income | $63 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES WITHHELD | $762 | $762 | $0 |
| PAYROLL TAXES | $15,466 | $0 | $15,466 |
| STATE OF MAINE INCOME TAXES ON UBI | $1,800 | $0 | $0 |
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