2018-08-02T13:34:39-05:00 2017-12-31 010459941 DAWSON SMITH PURVIS & BASSETT PA 15 CASCO STREET PORTLAND ME 041012902 990PF 2017-01-01 208797462 EMANUEL & PAULINE A LERNER FOUNDATION EMAN 2077302779 PO BOX 10370 PORTLAND ME 041040370 ELIOT R CUTLER DIRECTOR 2077302779 2018-06-21 1 RICHARD B DAWSON P00173150 2078740355 2018-06-21 2017 2022-09-23 18:48:47Z X 6531960 X X 112094 112094 1289476 3434171 1289476 -74752 -15180 1326818 1386390 50000 30000 20000 199820 0 199820 53302 0 53302 925 231 694 9781 2445 7336 63 63 0 18028 762 15466 467 0 21014 5254 15760 8073 2018 6055 100483 3919 96542 461956 44692 414975 1107743 1107743 1569699 44692 1522718 -242881 1341698 22326 8867 8867 1286977 1752303 1752303 5321440 4223418 4223418 621037 544718 544718 6379 5431 1415 948 948 1706 1706 1706 7254901 6531960 6531960 0 0 X 0 0 0 0 7254901 6531960 7254901 6531960 7254901 6531960 7254901 -242881 30791 7042811 510851 6531960 PUBLICLY TRADED SECURITIES 3434171 2150264 1283907 1283907 CAPITAL GAINS FROM PASSTHROUGH ENTITIES P 5569 5569 1289476 0 321209 7268007 0.044195 467470 7490787 0.062406 708691 8217901 0.086237 708751 7524722 0.094190 802499 6649051 0.120694 0.407722 0.081544 6984441 569539 13417 582956 1522718 X 13417 0 13417 0 13417 0 20000 0 20000 119 6464 6464 0 0 0 0 0 0 0 0 0 1 1 0 1 1 ME 1 0 0 0 0 1 LERNERFOUNDATION.COM THE ORGANIZATION 2077302779 PO BOX 10370 PORTLAND ME 041040370 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ELIOT R CUTLER PO BOX 10370 PORTLAND ME 041040370 DIRECTOR 5.00 50000 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 NONE 0 NONE 0 0 5498753 1592050 0 7090803 0 0 7090803 106362 6984441 349222 349222 13417 13417 335805 7906 343711 0 343711 1522718 0 1522718 13417 1509301 343711 0 0 479820 346545 326262 108697 138724 1400048 1522718 0 0 0 343711 1179007 0 0 2579055 0 0 0 0 0 0 479820 2099235 346545 326262 108697 138724 1179007 X CHEWONKI FOUNDATION 485 CHEWONKI NECK ROAD WISCASSET ME 04578 N/A PC ASPIRATIONS INCUBATOR PROGRAM 75436 COMMUNITY BICYCLE CENTER PO BOX 783 45 GRANITE STREET BIDDEFORD ME 04055 N/A PC ASPIRATIONS INCUBATOR PROGRAM 114387 KIEVE-WAVUS EDUCATION PO BOX 169 NOBLEBORO ME 04555 N/A PC ASPIRATIONS INCUBATOR PROGRAM 126403 MAINE YOUTH ALLIANCE DBA THE GAME LOFT 78A MAIN ST BELFAST ME 04915 N/A PC ASPIRATIONS INCUBATOR PROGRAM 126306 OLD-TOWN ORONO YMCA 472 STILLWATER AVE OLD TOWN ME 04468 N/A PC ASPIRATIONS INCUBATOR PROGRAM 79871 SEEDS OF INDEPENDENCE 29 BURBANK AVE BRUNSWICK ME 04011 N/A PC ASPIRATIONS INCUBATOR PROGRAM 129697 THE MAINE SEA COAST MISSION 127 WEST STREET BAR HARBOR ME 04609 N/A PC ASPIRATIONS INCUBATOR PROGRAM FOR EDGE PROGRAM 75500 TREKKERS INC 41 BUTTERMILK DR THOMASTON ME 04861 N/A PC TREKKERS TRAINING INSTITUTE SEED FUNDING 283118 UNIVERSITY OF MAINE 5717 CORBETT HALL ORONO ME 04469 N/A GOV ASPIRATIONS INCUBATOR PROGRAM FOR BRYANT POND 4-H CAMP AND LEARNING CENTER 97025 1107743 0 14 14 112094 18 1289476 ORDINARY INCOME - ENERGY TRANSFER PARTNERS, LP 900099 1623 14 -69 ORDINARY INCOME - AMERIGAS PARTNERS, LP 900099 -20153 ORDINARY INCOME - ENTERPRISE PRODUCTS PARTNERS, LP 900099 -5139 14 -2 STATE OF MAINE INCOME TAX REFUND ON UBI 900099 1800 OTHER - NORTH RIVER HATHAWAY, LLC 900099 -37703 14 -15105 OTHER - ENERGY TRANSFER PARTNERS, LP 14 -4 -59572 1386390 0 1326818 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 9781 2445 7336 COMPUTER 2012-04-27 2269 2269 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 1303 928 200DB 5.000000000000 150 0 OFFICE FURNITURE 2015-02-09 1636 921 200DB 7.000000000000 204 0 UNDERPAYMENT PENALTY CALCULATION FORM 990-PF, PART VI, LINE 8 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. 1,000 SHS REALTY INCOME CORP 57020 57020 600 SHS AMGEN INC 104340 104340 1,155 SHS APPLE INC 195461 195461 1,000 SHS BECTON DICKINSON CO 214060 214060 2,650 SHS CELGENE CORP 276554 276554 1,800 SHS MERCK & CO INC 101286 101286 1,280 SHS UNITEDHEALTH GROUP 282189 282189 4,750 SHS GILEAD SCIENCES INC 340290 340290 2,700 SHS PROCTER & GAMBLE CO 248076 248076 7,200 SHS GENERAL ELECTRIC 125640 125640 2,000 SHS ILLINOIS TOOL WORKS 333700 333700 4,000 SHS PFIZER INC 144880 144880 1,000 SHS FACEBOOK INC 176460 176460 2,000 SHS GENERAL MILLS INC 118580 118580 5,000 SHS VERIZON COMMUNICATIONS 264650 264650 1,500 SHS VENTAS INC 90015 90015 100 SHS AMAZON INC 116947 116947 5,000 SHS GENERAL MTRS CO 204950 204950 6,000 SHS ORCHIDS PAPER PRODS CO 76800 76800 2,000 SHS MGM GROWTH PPTYS LLC 58300 58300 2,000 SHS CITIGROUP INC 148820 148820 250 SHS ALPHABET INC CAP 261600 261600 2,000 SHS COLGATE-PALMOLIVE CO 150900 150900 100 SHS BANK OF AMERICA CORPORATION 131900 131900 3,450 UNITS ENERGY TRANSFER PARTNERS LP FMV 61824 61824 NGP ENERGY TECHNOLOGY PARTNERS LP AT COST 56285 56285 3,600 UNITS AMERIGAS PARTNERS LP FMV 166428 166428 1,800 UNITS ENTERPRISE PRODUCTS PPTNS LP FMV 47718 47718 3,528.700 SHS FIDELITY CAPITAL & INCOME FUND FMV 36346 36346 NORTH RIVER HATHAWAY, LLC AT COST 176117 176117 COMPUTER 2269 2269 0 PRINTER/SCANNER 298 281 17 CONFERENCE ROOM CHAIRS 654 508 146 CONFERENCE ROOM SIDE CHAIR 219 170 49 APPLE LAPTOP 1303 1078 225 OFFICE FURNITURE 1636 1125 511 LEGAL FEES 925 231 694 SECURITY DEPOSIT 1706 1706 1706 CHANGE IN VALUE OF INVESTMENTS 510851 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 8529 2132 6397 INSURANCE 3551 888 2663 OTHER DEDUCTIONS FROM PASSTHROUGH ENTITIES 511 511 0 PAYROLL PROCESSING FEES 2375 0 2375 MISCELLANEOUS OPERATING EXPENSES 72 0 72 DEVELOPMENT EXPENSE 11102 0 11102 POSTAGE 211 0 211 BANK SERVICE CHARGES 111 0 111 ADVERTISING 2596 0 2596 SUPPLIES 207 0 207 GRANT EVALUATION PROJECT 38280 0 38280 STUDENT RESEARCH PROJECT 16000 0 16000 MARKETING 16255 0 16255 ORDINARY INCOME - ENERGY TRANSFER PARTNERS, LP 1554 -69 1554 ORDINARY INCOME - AMERIGAS PARTNERS, LP -20153 0 -20153 ORDINARY INCOME - ENTERPRISE PRODUCTS PARTNERS, LP -5141 -2 -5141 STATE OF MAINE INCOME TAX REFUND ON UBI 1800 0 1800 OTHER - NORTH RIVER HATHAWAY, LLC -52808 -15105 -52808 OTHER - ENERGY TRANSFER PARTNERS, LP -4 -4 -4 RETURN OF CAPITAL ON INVESTMENTS 22885 REFUND OF PRIOR YEAR GRANT 7906 INVESTMENT FEES 63 63 0 FOREIGN TAXES WITHHELD 762 762 0 PAYROLL TAXES 15466 0 15466 STATE OF MAINE INCOME TAXES ON UBI 1800 0 0