HAROLD ALFOND FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
HAROLD ALFOND FOUNDATION (EIN 22-3281672)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-15
IRS object ID
201733199349102478
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-15T13:16:57-06:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

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 Begin2016-01-01TaxPeriodBeginDt

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
Signature2017-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDANIEL P DOIRONPreparerPersonNm
PTINP01206204PTIN
Phone2077721981PhoneNum
Preparation2017-11-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address69.49.137.50IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-11-14IPDt
IP Tm13:26:51IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id758B9DB4F32798B7EFD74FD81EF20BFB326A8536AtSubmissionCreationDeviceId
At Submission Filing Device Id7AD7A13564B9160ADB576FA325E80DA912E07232AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$774,225,055FMVAssetsEOYAmt
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$2,344,499InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,344,353InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$5,757,662DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,690,684DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$31,504,939NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$56,454,345GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$23,891,481CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$393,802OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$113,933OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$40,000,902TotalRevAndExpnssAmt
Total Net Invst Incm$32,040,451TotalNetInvstIncmAmt
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$68,710LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$68,710LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$27,675AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$11,070AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$16,605AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$1,364,251OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$632,912OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$731,339OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss$303,923InterestRevAndExpnssAmt
Interest Net Invst Incm$0InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl$0InterestDsbrsChrtblAmt
Taxes Rev And Expnss$929,576TaxesRevAndExpnssAmt
Taxes Net Invst Incm$329,907TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$31,830TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$12,732TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$19,098TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$5,255,418OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,865,428OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$37,830OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$7,981,383TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,852,049TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$873,582TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$36,789,581ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$36,789,581ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$44,770,964TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,852,049TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$37,663,163TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,770,062ExcessRevenueOverExpensesAmt
Net Investment Income$27,188,402NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$485,402CashBOYAmt
Cash EOY$672CashEOYAmt
Cash EOYFMV$672CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,166,992SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$12,249,919SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$12,249,919SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$408,515,636CorporateStockBOYAmt
Corporate Stock EOY$367,886,683CorporateStockEOYAmt
Corporate Stock EOYFMV$516,858,021CorporateStockEOYFMVAmt
Corporate Bonds BOY$46,219,436CorporateBondsBOYAmt
Corporate Bonds EOY$43,911,685CorporateBondsEOYAmt
Corporate Bonds EOYFMV$43,949,089CorporateBondsEOYFMVAmt
Other Investments BOY$145,319,258OtherInvestmentsBOYAmt
Other Investments EOY$156,794,406OtherInvestmentsEOYAmt
Other Investments EOYFMV$201,162,354OtherInvestmentsEOYFMVAmt
Other Assets BOY$5,000OtherAssetsBOYAmt
Other Assets EOY$5,000OtherAssetsEOYAmt
Other Assets EOYFMV$5,000OtherAssetsEOYFMVAmt
Total Assets BOY$602,711,724TotalAssetsBOYAmt
Total Assets EOY$580,848,365TotalAssetsEOYAmt
Total Assets EOYFMV$774,225,055TotalAssetsEOYFMVAmt
Other Liabilities BOY$21,147,281OtherLiabilitiesBOYAmt
Other Liabilities EOY$4,053,984OtherLiabilitiesEOYAmt
Total Liabilities BOY$21,147,281TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,053,984TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$581,564,443CapitalStockBOYAmt
Capital Stock EOY$576,794,381CapitalStockEOYAmt
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$581,564,443TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$576,794,381TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$602,711,724TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$580,848,365TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$581,564,443TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,770,062ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$576,794,381SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$576,794,381TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (27 entries)

PropertyPropertyDescGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtHow AcquiredHowAcquiredCd
PUBLICLY TRADED SECURITIES$41,587,143$23,862,848$17,724,295$17,724,295
OCH ZIFF CAPITAL PASS-THROUGH$5,934$5,934$5,934P
SPECIAL OPPS III PASS-THROUGH$360,927$360,927$360,927P
LEGACY VENTURE IV PASS-THROUGH$1,936$1,936$1,936P
LEGACY VENTURE IV PASS-THROUGH$160,506$160,506$160,506P
LEGACY VENTURE V PASS-THROUGH$1,084-$1,084-$1,084P
LEGACY VENTURE V PASS-THROUGH$96,860$96,860$96,860P
BLACKSTONE REAL ESTATE PASS-THROUGH$401,751$401,751$401,751P
WINDJAMMER COMMUNICATIONS HOLDINGS PASS-THROUGH$41,874-$41,874-$41,874P
DEXTER HEDGE FUNDS TE PASS-THROUGH$80,532-$80,532-$80,532P
DEXTER HEDGE FUNDS TE PASS-THROUGH$35,853-$35,853-$35,853P
DEXTER TS US PASS-THROUGH$9,082$9,082$9,082P
DEXTER TS INTERNATIONAL PASS-THROUGH$1,451$1,451$1,451P
DEXTER TS INDIA FUND PASS-THROUGH$170$170$170P
DEXTER US EQUITY TE PASS-THROUGH$953,400$953,400$953,400P
DEXTER US EQUITY TE PASS-THROUGH$2,043,588$2,043,588$2,043,588P
DEXTER FIXED INCOME TE PASS-THROUGH$48,145-$48,145-$48,145P
DEXTER FIXED INCOME TE PASS-THROUGH$35,130$35,130$35,130P
DEXTER INTERNATIONAL EQUITY PASS-THROUGH$551,997-$551,997-$551,997P
DEXTER INTERNATIONAL EQUITY PASS-THROUGH$327,073-$327,073-$327,073P
DEXTER GLOBAL EQUITY TE PASS-THROUGH$384,344$384,344$384,344P
DEXTER PRIVATE EQUITY PASS-THROUGH$97,441$97,441$97,441P
DEXTER PRIVATE EQUITY PASS-THROUGH$1,287,898$1,287,898$1,287,898P
REALTY ASSOCIATES PASS-THROUGH$200,493$200,493$200,493P
DEXTER REAL ASSETS PASS-THROUGH$62,022$62,022$62,022P
DEXTER REAL ASSETS PASS-THROUGH$1,641,818$1,641,818$1,641,818P
$491,007-$491,007-$491,007P
FieldValueIRS element (for citing)
Capital Gain Net Income$23,891,481CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$35,704,178AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$735,472,955NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.048546DistributionYr1Rt
Adjusted Qlfy Distri Yr2$32,953,278AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$727,180,835NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.045316DistributionYr2Rt
Adjusted Qlfy Distri Yr3$28,392,988AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$664,218,594NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.042746DistributionYr3Rt
Adjusted Qlfy Distri Yr4$28,469,669AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$569,593,913NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.049982DistributionYr4Rt
Adjusted Qlfy Distri Yr5$51,517,900AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$568,688,016NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.090591DistributionYr5Rt
Total Distribution0.277181TotalDistributionRt
Average Distribution0.055436AverageDistributionRt
Net Vl Noncharitable Assets$733,858,913NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$40,682,203AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$271,884NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$40,954,087AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$37,663,163QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$543,768InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$543,768SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$543,768TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$412,626EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax$225,000AppliedToEsTaxAmt
Total Payments And Credits$637,626TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$93,858OverpaymentAmt
Applied To ES Tax$93,858AppliedToESTaxAmt
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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 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
PETER G 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 ENTERPRISES INC
TWO MONUMENT SQUAREPORTLANDME04101INVESTMENT & GRANT ADMINISTRATION$1,178,776
DEXTER PRIVATE EQUITY TE LLC
TWO MONUMENT SQUAREPORTLANDME04101INVEST INTEREST & PORTFOLIO DEDUCTIONS$989,611
DEXTER US EQUITY TE LLC
TWO MONUMENT SQUAREPORTLANDME04101INVEST PORTFOLIO DEDUCTIONS$825,961
DEXTER INTERNATIONAL EQUITY TE LLC
TWO MONUMENT SQUAREPORTLANDME04101INVEST PORTFOLIO DEDUCTIONS$675,923
DEXTER REAL ASSETS TE LLC
TWO MONUMENT SQUAREPORTLANDME04101INVEST PORTFOLIO DEDUCTIONS$465,913
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

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$741,933,780AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,100,649AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$745,034,429TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$745,034,429AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,175,516CashDeemedCharitableAmt
Net Vl Noncharitable Assets$733,858,913NetVlNoncharitableAssetsAmt
Minimum Investment Return$36,692,946MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$36,692,946MinimumInvestmentReturnAmt
Tax Based On Investment Income$543,768TaxBasedOnInvestmentIncomeAmt
Total Tax$543,768TotalTaxAmt
Distributable Before Adj$36,149,178DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$36,149,178DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$36,149,178DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$37,663,163ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$37,663,163QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$37,663,163AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$36,149,178DistributableAsAdjustedAmt
Undistributed Income PY$12,515,923UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$37,663,163QualifyingDistributionsAmt
Applied To Year1$12,515,923AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$25,147,240AppliedToCurrentYearAmt
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$11,001,938UndistributedIncomeCYAmt
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 (67 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
ALFOND YOUTH CENTER
126 NORTH STREETWATERVILLEME04901PCWATERVILLE CAL RIPKIN LEAGUE$150
AROOSTOOK MENTAL HEALTH SERVICES INC
PO BOX 1018CARIBOUME04736PCTEEN LEADERSHIP CAMP$500
COASTAL ENTERPRISES INC
30 FEDERAL ST SUITE 100BRUNSWICKME04011PCUNRESTRICTED$1,000
FRIENDS OF ACADIA
43 COTTAGE STREET PO BOX 45BAR HARBORME04609PCUNRESTRICTED$1,000
MAINE CENTER FOR ECONOMIC POLICY
PO BOX 437AUGUSTAME04332PCUNRESTRICTED$1,000
MAINE JEWISH MUSEUM
267 CONGRESS STPORTLANDME04101PCUNRESTRICTED$1,000
ROLLINS COLLEGE
1000 HOLT AVENUEWINTER PARKFL327894499PCDR. CRAIG MCALLASTER ENDOWED MBA SCHOLARSHIP FUND$1,000
SOUTHEAST NH HABITAT FOR HUMANITY
PO BOX 4428PORTSMOUTHNH038024428PCUNRESTRICTED$1,000
SPECTRUM GENERATIONS
ONE WESTON COURTAUGUSTAME04338PCMEALS ON WHEELS PROGRAM$1,200
TREE STREET YOUTH INC
144 HOWE STLEWISTONME042406421PCUNRESTRICTED$1,650
KENNEBEC BEHAVIORAL HEALTH
67 EUSTIS PARKWAYWATERVILLEME04901PCANNUAL FUND$2,000
AMERICAN UNIVERSITY IN BULGARIA
910 17TH ST NW SUITE 1100WASHINGTONDC20006PCUNRESTRICTED$5,000
CHILDREN'S CENTER EARLY INTERVENTION AND FAMILY SUPPORT
1 ALDEN AVEAUGUSTAME043300000PCUNRESTRICTED$5,000
FRIENDS OF THE MAINE STATE MUSEUM
83 STATE HOUSE STATIONAUGUSTAME043330083PCUNRESTRICTED$5,000
GULFSHORE PLAYHOUSE INC
1010 5TH AVE S SUITE 205NAPLESFL341026408PCUNRESTRICTED$5,000
MAINE IRISH HERITAGE CENTER
PO BOX 7588PORTLANDME04112PCUNRESTRICTED$5,000
THE IRIS NETWORK
189 PARK AVENUEPORTLANDME04102PCUNRESTRICTED$5,000
BOSTON LYRIC OPERA
11 AVE DE LAFAYETTEBOSTONMA02111PCUNRESTRICTED$12,500
UNITED WAY OF MID-MAINE INC
105 KENNEDY MEMORIAL DRIVEWATERVILLEME04901PCANNUAL FUND$12,500
SUSAN CURTIS FOUNDATION
1321 WASHINGTON AVE SUITE 104PORTLANDME04103PCCAMP SUSAN CURTIS$14,400
BELGRADE REGIONAL HEALTH CENTER
PO BOX 304BELGRADE LAKESME04918PCREPAIR/REPLACE COMPLETE HEATING SYSTEM$15,000
MAINE CHILDREN'S HOME FOR LITTLE WANDERERS
93 SILVER STREETWATERVILLEME04901PCANNUAL FUND$15,000
THE PIONEER INSTITUTE
85 DEVONSHIRE STREET 8TH FLOORBOSTONMA02109PCUNRESTRICTED$15,000
WATERVILLE OPERA HOUSE IMPROVEMENT ASSOCIATION
93 MAIN STREET 3RD FLOORWATERVILLEME04901PCSEASON SPONSOR$15,000
BELGRADE REGIONAL CONSERVATION ALLIANCE INC
PO BOX 250BELGRADE LAKESME04918PCHAROLD ALFOND MEMORIAL GOLF TOURNAMENT$25,000
BETH ISRAEL CONGREGATION
PO BOX 1882WATERVILLEME04903PCOPERATIONS$25,000
BETH ISRAEL CONGREGATION
PO BOX 1882WATERVILLEME04903PCOPERATIONS$25,000
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUECAMBRIDGEMA02139PCUNRESTRICTED$25,000
MOUNT DESERT ISLAND HOSPITAL
10 WAYMAN LANEBAR HARBORME04609PCEMERGENCY GENERATOR REPLACEMENT PROJECT$25,000
SEEDS OF PEACE INC
370 LEXINGTON AVE SUITE 1201NEW YORKNY10017PCWATERVILLE/WINSLOW SEEDS$25,000
FRIENDS OF BELGRADE LAKES VILLAGE
PO BOX 331BELGRADE LAKESME04918PCBELGRADE LAKES VILLAGE ENHANCEMENTS$30,000
LETS GET READY INC
89 SOUTH STREET SUITE 401BOSTONMA02111PCLGR & ALFOND YOUTH CENTER WATERVILLE PARTNERSHIP$53,344
SPRING HARBOR HOSPITAL
123 ANDOVER ROADWESTBROOKME04092PCCENTER FOR AUTISM AND DEVELOPMENTAL DISORDERS TREATMENT AND RESEARCH$75,000
WATERVILLE REGIONAL ARTS AND COMMUNITY CENTER
93 MAIN STREETWATERVILLEME04901PCWATERVILLE OPERA HOUSE: STAFFING NEEDS$85,800
JOBS FOR MAINES GRADUATES INC
65 STONE STREETAUGUSTAME04330PCJMG EXPANSION TO DEXTER & FAIRFIELD HIGH SCHOOLS$92,152
PRESIDENT AND TRUSTEES OF COLBY COLLEGE
4605 MAYFLOWER HILLWATERVILLEME049018846PCENDOWMENT FOR ASSISTANT PROFESSOR IN JEWISH STUDIES$100,000
UNIVERSITY OF MAINE FOUNDATION
TWO ALUMNI PLACEORONOME044695792PCUNIVERSITY OF MAINE RESEARCH COMMERCIALIZATION: RESEARCH FOUNDATION AND PATENT PORTFOLIO ASSESSMENT$100,000
WATERVILLE REGIONAL ARTS AND COMMUNITY CENTER
93 MAIN STREETWATERVILLEME04901PCWATERVILLE CREATES!$100,000
BELGRADE LAKES ASSOCIATION
137 MAIN STREET PO BOX 551BELGRADE LAKESME04918PCSTOP MILFOIL CAPITAL CAMPAIGN$125,000
FRIENDS OF QUARRY ROAD
C/O FRANKLIN BOUCHARD PO BOX 362FAIRFIELDME04937PCCOMPLETING CORE INFRASTRUCTURE FOR QUARRY ROAD RECREATION AREA$142,500
UNIVERSITY OF MAINE SYSTEM
16 CENTRAL STREETBANGORME04401GOVUNIVERSITY OF MAINE SYSTEM PROFESSIONAL AND GRADUATE CENTER CONCEPT PROPOSAL$150,000
ALFOND SCHOLARSHIP FOUNDATION
15 MONUMENT SQUARE 2ND FLOORPORTLANDME04101SO IFAME PAYMENTS$200,000
WATERVILLE DEVELOPMENT CORPORATION
ONE COMMON STREETWATERVILLEME04901PCSUPPORT OF COLLABORATIVE CONSULTING'S BUSINESS EXPANSION TO WATERVILLE$200,000
WATERVILLE REGIONAL ARTS AND COMMUNITY CENTER
93 MAIN STREETWATERVILLEME04901PCWC / MFC / OPERA HOUSE$223,380
ALFOND YOUTH CENTER
126 NORTH STREETWATERVILLEME04901PCPURNELL WRIGLEY FIELD$250,000
EDUCARE CENTRAL MAINE
C/O KVCAP 97 WATER STREETWATERVILLEME04901PCMAINTAINING CONTINUITY OF CARE, COMPREHENSIVE EVALUATION, AND SHARED SERVICES FOR EXTENDED HIGH-QUALITY EARLY EDUCATION.$250,000
KENNEBEC VALLEY YMCA
31 UNION STREETAUGUSTAME04330PCSCHOLARSHIPS, PROGRAMMING, ENDOWMENT$250,000
UNIVERSITY OF MAINE FOUNDATION
TWO ALUMNI PLACEORONOME044695792PC2015 FOOTBALL CHALLENGE$250,000
THOMAS COLLEGE
180 WEST RIVER ROADWATERVILLEME04901PCFAMILY BUSINESS AND CAREER DEVELOPMENT CENTER PLANNING/RAMPING UP RETENTION$251,000
UNITED STATES BIATHLON ASSOCIATION INC
49 PINELAND DR SUITE 301ANEW GLOUCESTERME04260PCLARRY PUGH MILLION DOLLAR MEDAL MATCH$275,837
THOMAS COLLEGE
180 WEST RIVER ROADWATERVILLEME04901PCPARTNERSHIP WITH COLLABORATIVE CONSULTING TO PROVIDE EDUCATIONAL TRAINING AND MEET THE NEEDS OF GREATER WATERVILLE$286,100
MAINE CHILDREN'S HOME FOR LITTLE WANDERERS
93 SILVER STREETWATERVILLEME04901PCTEEN PARENT SCHOOL ENDOWMENT$400,000
ALFOND YOUTH CENTER
126 NORTH STREETWATERVILLEME04901PCSTRATEGIC LONG TERM CAPITAL AND DEVELOPMENT SUSTAINABILITY AT THE ALFOND YOUTH CENTER$406,246
THOMAS COLLEGE
180 WEST RIVER ROADWATERVILLEME04901PCHAROLD ALFOND ENTREPRENEURIAL INSTITUTE$475,798
ST JOSEPH'S COLLEGE
278 WHITES BRIDGE ROADSTANDISHME04084PCCREATING THE CENTER FOR NURSING EXCELLENCE$500,000
UNIVERSITY OF MAINE SYSTEM
16 CENTRAL STREETBANGORME04401GOVMAINE CENTER FOR GRADUATE PROFESSIONAL STUDIES -- PLANNING AND IMPLEMENTATION$500,000
ALFOND SCHOLARSHIP FOUNDATION
15 MONUMENT SQUARE 2ND FLOORPORTLANDME04101SO IOPERATIONS$635,000
MAINE MARITIME ACADEMY
PLEASANT STREETCASTINEME04420PCABS CENTER FOR ENGINEERING AND APPLIED RESEARCH & SCHOLARSHIPS$639,743
UNIVERSITY OF MAINE
39 FLAGSTAFF ROADORONOME04469GOVALFOND OCEAN ENGINEERING AND ADVANCED MANUFACTURING LABORATORIES$800,000
LESLEY UNIVERSITY
29 EVERETT STREETCAMBRIDGEMA02138PCCONSTRUCTION OF THE LUNDER ARTS CENTER AND ESTABLISHMENT OF ENDOWED SCHOLARSHIP FUND FOR MAINE STUDENTS$1,000,000
BIGELOW LABORATORY FOR OCEAN SCIENCES
PO BOX 380 60 BIGELOW DRIVEEAST BOOTHBAYME04544PCBIGELOW LABORATORY RESIDENCE PROJECT$1,600,000
DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH AND EDUCATION
PO BOX 83 39 WILDFLOWER LANE BLACKBEALSME04611PCDOWNEAST INSTITUTE PHASE II EXPANSION OF LABORATORY, HATCHERY AND STUDENT FACILITIES$1,809,000DUCK COVE ROAD
PRESIDENT AND TRUSTEES OF COLBY COLLEGE
4606 MAYFLOWER HILLWATERVILLEME049018847PCWATERVILLE DOWNTOWN DEVELOPMENT FUND$2,000,000
THE JACKSON LABORATORY
600 MAIN STREETBAR HARBORME04609PCMAINE CANCER GENOMICS INITIATIVE$2,860,000
KENTS HILL SCHOOL
PO BOX 257 1614 MAIN STKENTS HILLME04349PCDINING HALL / SCIENCE CENTER / SCHOLARSHIPS$3,172,549
ALFOND SCHOLARSHIP FOUNDATION
15 MONUMENT SQUARE 2ND FLOORPORTLANDME04101SO ISCHOLARSHIPS$6,210,232
PRESIDENT AND TRUSTEES OF COLBY COLLEGE
4605 MAYFLOWER HILLWATERVILLEME049018846PCATHLETICS CENTER$10,000,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$36,789,581TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ALFOND SCHOLARSHIP FOUNDATION
15 MONUMENT SQUARE 2ND FLOORPORTLANDME04101SO IOPERATIONS$31,871
ALFOND SCHOLARSHIP FOUNDATION
15 MONUMENT SQUARE 2ND FLOORPORTLANDME04101SO ISCHOLARSHIPS$54,768
FRIENDS OF BELGRADE LAKES VILLAGE
PO BOX 331BELGRADE LAKESME04918PCBELGRADE LAKES VILLAGE ENHANCEMENTS$120,000
WATERVILLE DEVELOPMENT CORPORATION
ONE COMMON STREETWATERVILLEME04901PCSUPPORT OF COLLABORATIVE CONSULTING'S BUSINESS EXPANSION TO WATERVILLE$800,000
THOMAS COLLEGE
180 WEST RIVER ROADWATERVILLEME04901PCPARTNERSHIP WITH COLLABORATIVE CONSULTING TO PROVIDE EDUCATIONAL TRAINING AND MEET THE NEEDS OF GREATER WATERVILLE$998,600
ST JOSEPH'S COLLEGE
278 WHITES BRIDGE ROADSTANDISHME04084PCCREATING THE CENTER FOR NURSING EXCELLENCE$1,000,000
THOMAS COLLEGE
180 WEST RIVER ROADWATERVILLEME04901PCHAROLD ALFOND ENTREPRENEURIAL INSTITUTE$2,935,843
PRESIDENT AND TRUSTEES OF COLBY COLLEGE
4605 MAYFLOWER HILLWATERVILLEME049018846PCATHLETICS CENTER$10,000,000
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$15,941,082TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,344,499ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,757,662ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$393,802ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Business900099BusinessCd
Unrelated Business Taxbl Incm$491,007UnrelatedBusinessTaxblIncmAmt
Exclusion18ExclusionCd
Exclusion$31,013,932ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$491,007UnrelatedBusinessTaxblIncmAmt
Exclusion$39,509,895ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$40,000,902TotalIncomeProducingActyAmt

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$27,675Amt
Net Investment Income$11,070NetInvestmentIncomeAmt
Disbursements Charitable Prps$16,605DisbursementsCharitablePrpsAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WATERVILLE DEVELOPMENT CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE COMMON STREETAddressLine1Txt
CityWATERVILLECityNm
State AbbreviationMEStateAbbreviationCd
ZIP04901ZIPCd
FieldValueIRS element (for citing)
Grant2016-06-30GrantDt
Grant$1,000,000GrantAmt
Purpose Of GrantFOR WATERVILLE DEVELOPMENT CORPORATION TO SUPPORT BUSINESS EXPANSION AND JOB GROWTH IN WATERVILLE, SPECIFICALLY THROUGH COLLABORATIVE CONSULTING'S EXPANSION TO THE CITY.PurposeOfGrantTxt
Expended By Grantee$234,593ExpendedByGranteeAmt
Any Diversion By GranteeTO THE BEST OF THE GRANTOR'S KNOWLEDGE, THERE WERE NO DIVERTED FUNDS.AnyDiversionByGranteeTxt
Dates Of Reports By GranteeAUGUST 15, 2017DatesOfReportsByGranteeTxt
Verification2017-08-15VerificationDt
Results Of VerificationTHE GRANTOR VERIFIED WATERVILLE DEVELOPMENT CORPORATION SUPPORTED THE EXPANSION OF COLLABORATIVE CONSULTING TO WATERVILLE BY PROVIDING GRANT FUNDS IN SUPPORT OF COLLABORATIVE'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 GRANT FUNDS WERE EXPENDED IN COMPLIANCE WITH THE TERMS OF THE GRANT AGREEMENT. THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OF RELIABILITY OF THE REPORT FROM THE GRANTEE.ResultsOfVerificationTxt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetDONATED STOCKAssetDesc
How AcquiredDONATEDHowAcquiredTxt
Gross Sales Price$7,122,451GrossSalesPriceAmt
Sales Expense$0SalesExpenseAmt
Total Net$7,122,451TotalNetAmt

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$43,911,685EOYBookValueAmt
EOYFMV$43,949,089EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BERKSHIRE HATHAWAY CL B$21,930,768$39,692,801
BERKSHIRE HATHAWAY CL A$113,866,307$205,794,003
709,462 SH QUANTUM CORP DIT & STORAGE$638,862$590,343
DEXTER GLOBAL EQUITY TE, LLC$21,188,386$27,989,429
DEXTER INTERNATIONAL EQUITY TE, LLC$93,216,423$93,696,177
DEXTER US EQUITY TE, LLC$92,507,725$104,740,803
MAINEGENERAL PROGRAM RELATED INVESTMENT 145 SH BRKA COLLATERAL ACCOUNT$19,585,545$35,397,545
BRKA STOCK SET ASIDE FOR ALFOND LEADERS PROGRAM (FAME)$2,701,455$4,882,420
BERKSHIRE HATHAWAY CL B (OPTIONS ACCOUNT)$2,251,212$4,074,500

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$1,918,388$1,636,356
LEGACY VENTURE FUNDSAT COST$3,178,541$5,626,499
SPECIAL OPPORTUNITIES FUNDSAT COST$400,243$1,421,705
TISHMAN SPEYER INVESTMENTS: US REAL ESTATE VENTUREAT COST$919,173$223,422
TISHMAN SPEYER INVESTMENTS: INTERNATIONAL REAL ESTATE VENTUREAT COST$659,583$40,738
TISHMAN SPEYER INVESTMENTS: INDIA REAL ESTATE VENTUREAT COST$693,613$226,035
TISHMAN SPEYER INVESTMENTS: 201 FOLSOM INVESTOR FEEDER, LPAT COST$173,176$0
REALTY ASSOCIATES IXAT COST$1,252,717$1,971,716
DEXTER HEDGE FUNDS TE, LLCAT COST$81,596,035$106,256,890
DEXTER PRIVATE EQUITY TE, LLCAT COST$37,306,660$48,806,884
DEXTER REAL ASSETS TE, LLCAT COST$28,676,523$34,886,067
WINDJAMMER COMMUNICATION HOLDINGS, LLCAT COST$19,570$516
FIRST HORIZON NATIONAL CO.AT COST$184$400
OCH ZIFF CAPITAL ADVISORSAT COST$0$65,126

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$68,710LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$68,710DisbursementsCharitablePrpsAmt

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 (11 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT INTEREST PASS THRU FROM K-1S$146,001$136,146$0
NON DEDUCTIBLE EXPENSE PASS THRU FROM K-1S$36,935$0$0
CHARITABLE DONATIONS PASS THRU FROM K-1S$1,341$0$1,341
ORDINARY LOSS FROM PASS-THRU K-1S$299,045$0$0
RENTAL LOSS FROM PASS-THRU K-1S$379,042$126,664$0
ROYALTY DEDUCTIONS FROM PASS-THRU K-1S$11,392$11,392$0
INVESTMENT PORTFOLIO DEDUCTION FROM PASS-THRU K-1S$3,619,692$3,577,239$0
INSURANCE$2,964$1,186$1,778
BOARD SOFTWARE SUBSCRIPTION FEES$46,282$11,571$34,711
OTHER DEDUCTIONS PASS-THRU FROM K-1S$711,494$0$0
MISCELLANEOUS$1,230$1,230$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$29,483$29,483$29,483
ORDINARY INCOME FROM PASS-THRU K-1S$126,439$37,528$126,439
RENTAL INCOME FROM PASS-THRU K-1S$5,166$3,791$5,166
OTHER INCOME FROM PASS-THRU K-1S$232,714$43,131$232,714

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
LINE OF CREDIT USED FOR QUALIFYING DISTRIBUTIONS$17,147,281$27,985
ALFOND LEADERS PROGRAM SET ASIDE PAYABLE BY 12/31/2025$4,000,000$4,000,000
UNEXPIRED BRK OPTIONS DEFERRED INCOME$0$25,999

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
DEXTER ENTERPRISES, INC.$1,151,941$460,776$691,165
INVESTMENT MANAGEMENT FEES$7,433$7,433$0
INVESTMENT CONSULTING FEES$164,703$164,703$0
GRANT CONSULTING SERVICES$40,174$0$40,174

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES$329,907$329,907$0
NET INVESTMENT INCOME TAXES$550,000$0$0
NET STATE UBIT TAXES$49,669$0$0

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