PETER ALFOND FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- PETER ALFOND FOUNDATION (EIN 22-3267949)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-05-13
- IRS object ID
- 201521339349100027
- Schema version
- 2014v5.0
- 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
- Form 990-PF
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Stock Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-13T11:42:21-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010448006 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBIN RANDALL & BENNETT | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 130 MIDDLE STREET | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 041120445 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223267949 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PETER ALFOND FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O DEXTER ENTERPRISES INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PETE | BusinessNameControlTxt |
| Phone | 2078287999 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO MONUMENT SQUARE | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04101 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GREGORY W POWELL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2078287999 | PhoneNum |
| Signature | 2015-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL P DOIRON | PreparerPersonNm |
| PTIN | P01206204 | PTIN |
| Phone | 2077721981 | PhoneNum |
| Preparation | 2015-05-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $15,690,375 | 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 |
| Net Gain Sale Ast Rev And Expnss | $1,041,847 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,044,270 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $348,799 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,041,847 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $348,799 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $350 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,400 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $106,087 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,000 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $101,087 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,361 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $111,198 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,350 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $102,487 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $844,536 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $844,536 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $955,734 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,350 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $947,023 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $86,113 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $343,449 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $9,390 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $97,925 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $97,925 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $37,820 | CorporateStockBOYAmt |
| Corporate Stock EOY | $35,398 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,592,450 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $47,210 | TotalAssetsBOYAmt |
| Total Assets EOY | $133,323 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,690,375 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $47,210 | CapitalStockBOYAmt |
| Capital Stock EOY | $133,323 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $47,210 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $133,323 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $47,210 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $133,323 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $47,210 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $86,113 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $133,323 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $133,323 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| 1 SH BERKSHIRE HATHAWAY CLASS A | $224,795 | $513 | $224,282 | $224,282 |
| 50 SH BERKSHIRE HATHAWAY CLASS B | $5,599 | $17 | $5,582 | $5,582 |
| 300 SH BERKSHIRE HATHAWAY CLASS B | $33,802 | $103 | $33,699 | $33,699 |
| 100 SH BERKSHIRE HATHAWAY CLASS B | $12,090 | $34 | $12,056 | $12,056 |
| 300 SH BERKSHIRE HATHAWAY CLASS B | $38,521 | $103 | $38,418 | $38,418 |
| 250 SH BERKSHIRE HATHAWAY CLASS B | $34,848 | $86 | $34,762 | $34,762 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $348,799 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $501,171 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $12,271,214 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.040841 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $482,607 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $9,826,951 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.049111 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $499,643 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $9,711,848 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.051447 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $431,037 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $10,188,485 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.042306 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $389,769 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $8,479,394 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.045967 | DistributionYr5Rt |
| Total Distribution | 0.229672 | TotalDistributionRt |
| Average Distribution | 0.045934 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $14,172,474 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $650,998 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,434 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $654,432 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $947,023 | 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 | $3,434 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,434 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,434 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,200 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,200 | TotalPaymentsAndCreditsAmt |
| Tax Due | $234 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | ME | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DEXTER ENTERPRISES INC | IndividualWithBooksNm |
| Phone | 2078287999 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 MONUMENT SQ | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04101 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| PETER G ALFOND | ||||||||
| C/O DEXTER ENT TWO MONUMENT SQUARE | PORTLAND | ME | 04101 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| GREGORY POWELL SEE FOOTNOTE | ||||||||
| TWO MONUMENT SQUARE | PORTLAND | ME | 04101 | TRUSTEE | 1.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEXTER ENTERPRISES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO MONUMENT SQ | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT & GRANT ADMINISTRATION | ServiceTypeTxt |
| Compensation | $63,535 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,386,423 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,875 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,388,298 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,388,298 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $215,824 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,172,474 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $708,624 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $708,624 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,434 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,434 | TotalTaxAmt |
| Distributable Before Adj | $705,190 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $705,190 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $705,190 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $947,023 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $947,023 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $3,434 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $943,589 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $705,190 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $517,549 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $947,023 | QualifyingDistributionsAmt |
| Applied To Year1 | $517,549 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $429,474 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $275,716 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | PETER G ALFOND | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AZALEA CHARITIES INC | ||||||||
| PO BOX 579 | DUMFRIES | VA | 22026 | NONE | PC | MARINE CORPS MARATHON | $100 | |
| BETH ISRAEL CONGREGATION | ||||||||
| 291 MAIN STREET PO BOX 1882 | WATERVILLE | ME | 04903 | NONE | PC | IMO GORDON WOLMAN | $200 | |
| CONGREGATION BETH ISRAEL | ||||||||
| 144 YORK STREET | BANGOR | ME | 04401 | NONE | PC | UNRESTRICTED | $1,000 | |
| COMERCIANTES UNIDOS PARA EL DESARROLLO COMUNITARIO DE CAMUY | ||||||||
| PO BOX 945 | CAMUY | PR | 00627 | NONE | PC | UNRESTRICTED | $1,000 | |
| FRIENDS OF THE CHILDREN-PORTLAND | ||||||||
| 44 NE MORRIS ST | PORTLAND | OR | 97212 | NONE | PC | UNRESTRICTED | $5,000 | |
| INSTITUTO PSICOPEDAGOGICO DE PUERTO RICO | ||||||||
| CALLE MARGINAL | BAYAMON | PR | 00959 | NONE | PC | UNRESTRICTED | $500 | |
| MAINE COMMUNITY FOUNDATION | ||||||||
| 245 MAIN ST | ELLSWORTH | ME | 04605 | NONE | PC | PA CHARITABLE FUND - MAINEGENERAL MEDICAL CENTER | $112,802 | |
| MAINE COMMUNITY FOUNDATION | ||||||||
| 245 MAIN ST | ELLSWORTH | ME | 04605 | NONE | PC | PA CHARITABLE FUND - MAINEGENERAL MEDICAL CENTER | $20,000 | |
| MAINEGENERAL MEDICAL CENTER | ||||||||
| 157 CAPITOL STREET | AUGUSTA | ME | 04330 | NONE | PC | HEALTHY LIVING RESOURCE CENTER | $581,813 | |
| MAINEGENERAL MEDICAL CENTER | ||||||||
| 157 CAPITOL STREET | AUGUSTA | ME | 04330 | NONE | PC | HEALTHY LIVING RESOURCE CENTER | $26,187 | |
| PUERTO RICO COMMUNITY FOUNDATION | ||||||||
| 1719 AVE PONCE DE LEON | SAN JUAN | PR | 00909 | NONE | PC | SCHOLARSHIP FUND V | $9,900 | |
| PUERTO RICO COMMUNITY FOUNDATION | ||||||||
| 1719 AVE PONCE DE LEON | SAN JUAN | PR | 00909 | NONE | PC | SCHOLARSHIP FUND IV | $9,900 | |
| PUERTO RICO COMMUNITY FOUNDATION | ||||||||
| 1719 AVE PONCE DE LEON | SAN JUAN | PR | 00909 | NONE | PC | SCHOLARSHIP FUND VI | $9,900 | |
| STERLING COLLEGE | ||||||||
| PO BOX 72 | CRAFTSBURY COMMON | VT | 05827 | NONE | PC | CENTER FOR SUSTAINABLE AGRICULTURE | $52,924 | |
| UNA-USA PUERTO RICO | ||||||||
| B 5 TABONUCO STREET SUITE 216 PMB | GUAYNABO | PR | 00968 | NONE | PC | MODEL U.N. PROGRAM | $3,010 | 110 |
| US DEPARTMENT OF VETERAN'S AFFAIRS | ||||||||
| 1 VA CENTER | AUGUSTA | ME | 04330 | NONE | GOV | FBO HOSPICE UNIT IMO N. RICHARD HALLEE | $300 | |
| WESTERN FOOTHILLS LAND TRUST | ||||||||
| 445 MAIN ST | NORWAY | ME | 04268 | NONE | PC | ROBERTS FARM PRESERVE | $7,500 | |
| WEST POINT ASSOCIATION OF GRADUATES | ||||||||
| 698 MILLS ROAD | WEST POINT | NY | 10996 | NONE | PC | CAMPAIGN FOR WEST POINT | $500 | |
| WORLD LEARNING INC | ||||||||
| KIPLING RD PO BOX 676 | BRATTLEBORO | VT | 05302 | NONE | PC | ANNUAL FUND | $2,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $844,536 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| PUERTO RICO COMMUNITY FOUNDATION | |||||||
| 1719 AVE PONCE DE LEON | SAN JUAN | PR | 00909 | NONE | PC | SCHOLARSHIP FUND V | $19,800 |
| PUERTO RICO COMMUNITY FOUNDATION | |||||||
| 1719 AVE PONCE DE LEON | SAN JUAN | PR | 00909 | NONE | PC | SCHOLARSHIP FUND VI | $29,700 |
| MAINEGENERAL MEDICAL CENTER | |||||||
| 157 CAPITOL STREET | AUGUSTA | ME | 04330 | NONE | PC | HEALTHY LIVING RESOURCE CENTER | $2,400,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,449,500 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,041,847 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,041,847 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,041,847 | 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 | TAX RETURN PREPARATION | CategoryTxt |
| Amt | $1,750 | Amt |
| Net Investment Income | $350 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,400 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
| Amt | $0 | Amt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Sales ExpenseSalesExpenseAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| 2 SH BERKSHIRE HATHAWAY CLASS A - DONATED | DONATED | $454,599 | $1,026 | $0 | $453,573 |
| 840 SH BERKSHIRE HATHAWAY CLASS B - DONATED | DONATED | $127,214 | $287 | $0 | $126,927 |
| 743 SH BERKSHIRE HATHAWAY CLASS B - DONATED | DONATED | $112,802 | $254 | $0 | $112,548 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (3 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| FOOTNOTE | FORM 990-PF, PART VIII, LINE 1 | GREGORY POWELL IS AN EMPLOYEE OF DEXTER ENTERPRISES, INC. DEXTER ENTERPRISES, INC. IS COMPENSATED UNDER A MANAGEMENT CONTRACT WITH THE FOUNDATION. FEES PAID TO DEXTER ENTERPRISES, INC. ARE LISTED ON PART VIII AT LINE 3. |
| DISTRIBUTIONS TO DONOR ADVISED FUND | 990-PF, PART VII-A, LINE 12 | DISTRIBUTIONS TO DONOR ADVISED FUNDRECIPIENT:MAINE COMMUNITY FOUNDATION245 MAIN STREETELLSWORTH, ME 04605HOW DISTRIBUTION ACCOMPLISHED CHARITABLE PURPOSE:THE PETER ALFOND FOUNDATION MADE A QUALIFYING DISTRIBUTION TO A DONOR ADVISED FUND WITH THE MAINE COMMUNITY FOUNDATION, A CHARITABLE COMMUNITY FOUNDATION. THE DONOR ADVISED FUND WAS FUNDED WITH $132,802 DURING THE CALENDAR YEAR ENDED 12/31/14. THE MAINE COMMUNITY FOUNDATION IS THE OWNER OF THESE FUNDS AND HAS ULTIMATE CONTROL OVER THE INCOME AND ASSETS OF THE FUND. PETER ALFOND, A DISQUALIFIED PERSON WITH RESPECT TO THE PETER ALFOND FOUNDATION, HAS ADVISORY PRIVILEDGES OVER THE DONOR ADVISED FUND. PETER ALFOND USED HIS ADVISORY PRIVILEGES TO RECOMMEND DISTRIBUTIONS FROM THE DONOR ADVISED FUND TO SUPPORT ACCESS TO HEALTH CARE IN MAINE, A PURPOSE DESCRIBED IN SECTION 170(C)(2)(B). THE DONOR ADVISED FUND DISTRIBUTED ALL OF THE $132,802 TO MAINEGENERAL MEDICAL CENTER IN AUGUSTA, MAINE. AMOUNT TREATED AS QUALIFYING DISTRIBUTION FOR CALENDAR YEAR ENDED 12/31/14: $132,802. |
| DISTRIBUTION OF PROPERTY FOR CHARITY | 990-PF, PART I, LINE 6A, COLUMN A | UNDER 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 Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 67 SHRS BERKSHIRE HATHAWAY-CL A | $34,372 | $15,142,000 |
| 3000 SHRS BERKSHIRE HATHAWAY-CL B | $1,026 | $450,450 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DEXTER ENTERPRISES, INC. | $63,535 | $5,000 | $58,535 |
| JUANMA GARCIA CONSULTING | $42,552 | $0 | $42,552 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CURRENT YEAR FEDERAL NET INVESTMENT INCOME TAX ESTIMATE | $3,200 | $0 | $0 |
| PRIOR YEAR FEDERAL NET INVESTMENT INCOME TAX BALANCE DUE | $161 | $0 | $0 |
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