UNIVERSITY OF MAINE FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF MAINE FOUNDATION (EIN 01-6011501)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-11
- IRS object ID
- 201320429349300502
- Schema version
- 2011v1.5
- 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
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-11T05:29:13-08:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brantner Thibodeau & Assoc | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 674 Mt Hope Avenue Suite 1 | AddressLine1 |
| City | Bangor | City |
| State | ME | State |
| ZIP Code | 04401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 016011501 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MAINE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 2075815100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO ALUMNI PLACE | AddressLine1 |
| City | ORONO | City |
| State | ME | State |
| ZIP Code | 04469 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JEFFERY N MILLS | Name |
| Title | PRESIDENT/CEO | Title |
| Date Signed | 2013-02-08 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Julianne K Archer | Name |
| Phone | 2079473325 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JEFFERY N MILLS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O UNIVERSITY OF MAINE FDN | AddressLine1 |
| City | ORONO | City |
| State | ME | State |
| ZIP Code | 04469 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 71374571 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.UMAINEFOUNDATION.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1934 | YearFormation |
| State Legal Domicile | ME | StateLegalDomicile |
| Activity Or Mission Description | THE FOUNDATION, ACTING AS A SEPARATE ORGANIZATION WORKS WITH ALL ENTITIES TO ENCOURAGE PHILANTHROPIC SUPPORT BY GROWING THE ENDOWMENT THROUGH PLANNED/DEFERRED GIVING FOR THE UNIVERSITY OF MAINE AND OTHER CHARITABLE ORGANIZATIONS WHILE CARRYING OUT DONOR'S WISHES IN PERPETUITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 11 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 6649135 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 12359605 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 9495465 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4472785 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 417739 | OtherRevenuePriorYear |
| Other Revenue Current Year | 755734 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 16562339 | TotalRevenuePriorYear |
| Total Revenue Current Year | 17588124 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5132298 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7025572 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1117798 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1400624 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 823969 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2656275 | OtherExpensePriorYear |
| Other Expenses Current Year | 1823609 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 8906371 | TotalExpensesPriorYear |
| Total Expenses Current Year | 10249805 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 7655968 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7338319 | RevenuesLessExpensesCY |
| Total Assets BOY | 183731745 | TotalAssetsBOY |
| Total Assets EOY | 179729532 | TotalAssetsEOY |
| Total Liabilities BOY | 7791452 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6673488 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 175940293 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 173056044 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE FOUNDATION, ACTING AS A SEPARATE ORGANIZATION WORKS WITH ALL ENTITIES TO ENCOURAGE PHILANTHROPIC SUPPORT BY GROWING THE ENDOWMENT THROUGH PLANNED/DEFERRED GIVING FOR THE UNIVERSITY OF MAINE AND OTHER CHARITABLE ORGANIZATIONS WHILE CARRYING OUT DONOR'S WISHES IN PERPETUITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 7202849 | Expense |
| Description | GIFTS AND ENDOWMENT INCOME DISTRIBUTED FOR SCHOLARHSIPS AND GENERAL SUPPORT FOR THE BENEFIT OF THE UNIVERSITY OF MAINE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 481806 | Expense |
| Description | DISTRIBUTIONS TO TRUST, GIFT ANNUITY AND POOLED INCOME FUND PARTICIPANTS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 240797 | Expense |
| Description | DISTRIBUTIONS OF GIFTS AND ENDOWMENT INCOME TO OTHER QUALIFIED CHARITIES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 7925452 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | true | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 103 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 11 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | OC | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JEFFERY MILLS | NamePerson |
| Telephone Number | 2075815100 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO ALUMNI PLACE | AddressLine1 |
| City | ORONO | City |
| State | ME | State |
| ZIP Code | 044695792 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| CARROLL R LEE | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| C STEPHEN COUTTS | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| ELLEN K STINSON | |||||||
| BOARD CHAIR | 0.00 | X | 0 | 0 | 0 | X | |
| DONNA T MUNDY | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| DAVID M AUSTIN | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| DARRYL N BROWN | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| GREGG M PIASIO | |||||||
| VICE CHAIR | 0.00 | X | 0 | 0 | 0 | X | |
| ELDON L MORRISON | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| BARRY J HOBBINS | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| JEFFERY N MILLS | |||||||
| PRESIDENT/CEO | 40.00 | 0 | 0 | 0 | X | ||
| AMOS E ORCUTT | |||||||
| President & CEO | 40.00 | 546347 | 0 | 122480 | X | ||
| BRENT R SLATER | |||||||
| CLERK | 0.00 | 0 | 0 | 0 | X | ||
| PATRICIA M DUNN | |||||||
| Secretary | 0.00 | 0 | 0 | 0 | X | ||
| JOHN I SIMPSON | |||||||
| Treasurer | 0.00 | 0 | 0 | 0 | X | ||
| SARAH MCPARTLAND-GOOD | |||||||
| DIR OF PLANNED GIV | 40.00 | 107387 | 0 | 32030 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 653734 | TotalReportableCompFromOrg |
| Total Other Compensation | 154510 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | |||||
| 100 MIDDLE ST 3RD FL EAST TOWER | PORTLAND | ME | 04101 | INVESTMENT CONSULTAN | 135320 |
| CONVERGENT WLTH ADVSRS | |||||
| 2600 TOWER OAKS BLVD STE 300 | ROCKVILLE | MD | 208524246 | INVESTMENT CONSULTAN | 145342 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| All Other Contributions | 12359605 | AllOtherContributions |
| Noncash Contributions | 641865 | NoncashContributions |
| Total Contributions | 12359605 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3215623 | TotalRevenueColumn |
| Exclusion | $3,215,623 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 54842897 | Securities |
| Other | 200712 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 53522094 | Securities |
| Other | 264353 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1320803 | Securities |
| Other | -63641 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1257162 | TotalRevenueColumn |
| Exclusion | $1,257,162 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| OTHER REVENUE | 900099 | 2939 | 1433 | $1,506 |
| CGA PV ADJUSTMENT | 900099 | 548894 | 548894 | |
| ALLOCATED INVESTMENT EARN | 900099 | 203901 | 203901 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 755734 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 17588124 | TotalRevenueColumn |
| Related Or Exempt Function Income | 754228 | RelatedOrExemptFunctionIncome |
| Exclusion | $4,474,291 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7025572 | Total |
| Program Services | 7025572 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 424785 | Total |
| Program Services | 95723 | ProgramServices |
| Management And General | 212789 | ManagementAndGeneral |
| Fundraising | 116273 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 724378 | Total |
| Program Services | 165982 | ProgramServices |
| Management And General | 206980 | ManagementAndGeneral |
| Fundraising | 351416 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29247 | Total |
| Program Services | 7371 | ProgramServices |
| Management And General | 8716 | ManagementAndGeneral |
| Fundraising | 13160 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 173664 | Total |
| Program Services | 32161 | ProgramServices |
| Management And General | 84072 | ManagementAndGeneral |
| Fundraising | 57431 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48550 | Total |
| Program Services | 12438 | ProgramServices |
| Management And General | 14268 | ManagementAndGeneral |
| Fundraising | 21844 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15242 | Total |
| Management And General | 15242 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17150 | Total |
| Management And General | 17150 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 331798 | Total |
| Management And General | 331798 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77680 | Total |
| Management And General | 77680 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12028 | Total |
| Program Services | 3031 | ProgramServices |
| Management And General | 3585 | ManagementAndGeneral |
| Fundraising | 5412 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17677 | Total |
| Program Services | 4454 | ProgramServices |
| Management And General | 5269 | ManagementAndGeneral |
| Fundraising | 7954 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72397 | Total |
| Program Services | 18243 | ProgramServices |
| Management And General | 21577 | ManagementAndGeneral |
| Fundraising | 32577 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 149572 | Total |
| Program Services | 29060 | ProgramServices |
| Management And General | 68621 | ManagementAndGeneral |
| Fundraising | 51891 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35805 | Total |
| Program Services | 9023 | ProgramServices |
| Management And General | 10670 | ManagementAndGeneral |
| Fundraising | 16112 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12647 | Total |
| Program Services | 3187 | ProgramServices |
| Management And General | 3769 | ManagementAndGeneral |
| Fundraising | 5691 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1587 | Total |
| Program Services | 1587 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39747 | Total |
| Program Services | 10016 | ProgramServices |
| Management And General | 11846 | ManagementAndGeneral |
| Fundraising | 17885 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19270 | Total |
| Program Services | 4856 | ProgramServices |
| Management And General | 5743 | ManagementAndGeneral |
| Fundraising | 8671 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Printing and Publications | 23752 | 5985 | 7079 | 10688 |
| FUNDRAISING EXPENSES | 80264 | 80264 | ||
| UNCOLLECTIBLE PROM TO GIVE | 375844 | 375844 | ||
| LIFE INCOME PARTICIPANTS | 481806 | 481806 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59343 | Total |
| Program Services | 14957 | ProgramServices |
| Management And General | 17686 | ManagementAndGeneral |
| Fundraising | 26700 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10249805 | Total |
| Program Services | 7925452 | ProgramServices |
| Management And General | 1500384 | ManagementAndGeneral |
| Fundraising | 823969 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112208 | BOY |
| EOY | 167960 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6163566 | BOY |
| EOY | 7226747 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1295076 | BOY |
| EOY | 481965 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 344792 | BOY |
| EOY | 467973 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 983935 | BOY |
| EOY | 978674 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 6348783 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 100562 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6379568 | BOY |
| EOY | 6248221 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105801984 | BOY |
| EOY | 119026381 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45427309 | BOY |
| EOY | 30125043 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17223307 | BOY |
| EOY | 15006568 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 183731745 | BOY |
| EOY | 179729532 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 851299 | BOY |
| EOY | 842271 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3712923 | BOY |
| EOY | 2910342 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1140857 | BOY |
| EOY | 1030492 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2086373 | BOY |
| EOY | 1890383 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7791452 | BOY |
| EOY | 6673488 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7345518 | BOY |
| EOY | 4546307 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48584831 | BOY |
| EOY | 35877775 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120009944 | BOY |
| EOY | 132631962 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 175940293 | BOY |
| EOY | 173056044 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 183731745 | BOY |
| EOY | 179729532 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 7338319 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -10222568 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 13088048 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7748262 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5387222 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6649135 | CurrentTaxYearMinus1Year |
| Current Tax Year | 12359605 | CurrentTaxYear |
| Total | 45232272 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 13088048 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7748262 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5387222 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6649135 | CurrentTaxYearMinus1Year |
| Current Tax Year | 12359605 | CurrentTaxYear |
| Total | 45232272 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 8927253 | AmountsSubstContributorsTotal |
| Public Support Total170 | 36305019 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2635735 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2286866 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2117437 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2282501 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3215623 | CurrentTaxYear |
| Total | 12538162 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 152888 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 138317 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 354990 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 417739 | CurrentTaxYearMinus1Year |
| Current Tax Year | 755734 | CurrentTaxYear |
| Total | 1819668 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 59590102 | TotalSupport |
| Public Support Pertcentage170 | 0.60920 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.46910 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| Facts And Circumstances Test | Part II, Line 10--PART II SECTION B LINE 10: OTHER INCOME INCLUDES REVENUE FROM GIFTS OF PROPERTY. COLUMN E - $548,849 OF OTHER INCOME IS AN ACCOUNTING ADJUSTMENT OF THE PRESENT VALUE OF CHARITABLE GIFT ANNUITIES MANAGED BY THE FOUNDATION AND $203,901 OF OTHER INCOME IS ALLOCATED INVESTMENT EARNINGS. | FactsAndCircumstancesTest |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 3 | NumberDAFsHeld |
| Grants Paid From Donor Funds | 123300 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 49530 | AggregateDAFValue |
| Disclosed Orgs Legal Control | true | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | true | DisclosedForCharitablePurposes |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 13500 | RevenuesIncluded |
| Assets In Part X | 317684 | AssetsInPartX |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | SEE PART XIV FOR DESCRIPTION | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | true | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 149059863 | BeginningOfYearBalance |
| Contributions | 13992790 | Contributions |
| Investment Earnings Or Losses | -5645354 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6838664 | GrantsOrScholarships |
| Administrative Expenses | 2270276 | AdministrativeExpenses |
| End Of Year Balance | 148298359 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 123235557 | BeginningOfYearBalance |
| Contributions | 6670997 | Contributions |
| Investment Earnings Or Losses | 25061552 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4013984 | GrantsOrScholarships |
| Administrative Expenses | 1894259 | AdministrativeExpenses |
| End Of Year Balance | 149059863 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 117506698 | BeginningOfYearBalance |
| Contributions | 5173234 | Contributions |
| Investment Earnings Or Losses | 4840322 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2573576 | GrantsOrScholarships |
| Other Expenditures | 17259 | OtherExpenditures |
| Administrative Expenses | 1693862 | AdministrativeExpenses |
| End Of Year Balance | 123235557 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.02610 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.86550 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.10840 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 6110257 | InvestmentCostOrOtherBasis |
| Book Value | 6110257 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 238526 | OtherCostOrOtherBasis |
| Depreciation | 100562 | Depreciation |
| Book Value | 137964 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 6248221 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 30125043 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 30125043 | TotalOfBookValueSecurities |
Other Assets OtherAssets (7 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| PRIVATE STOCK | 21079 |
| MAINE UNEMPLOYEMENT DEPOSITORY | 6672 |
| IRREVOLCABLE TRUSTS | 11191034 |
| DEFERRED EXPENSES | |
| CASH SURRENDER VALUE LIFE INSURANCE | 138544 |
| BUCHANAN ALUMNI HOUSE HOLDINGS | 3232955 |
| ARTWORK & COLLECTIONS | 416284 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 15006568 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DISTRIBUTIONS DUE TO LIFE INCOME BENEFIC | Description |
| Amount | $1,890,383 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1890383 | TotalOfAmounts |
| Total Revenue | 17588124 | TotalRevenue |
| Total Expenses | 10249805 | TotalExpenses |
| Excess Or Deficit For Year | 7338319 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -10222568 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -10222568 | TotalAdjustments |
| Excess Or Deficit Per FS | -2884249 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7033758 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -10222568 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -10222568 | RevenueNotRptdF990 |
| Revenue Subtotal | 17256326 | RevenueSubtotal |
| Investment Expenses Not Included | 331798 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 331798 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 17588124 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 9918007 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 9918007 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 331798 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 331798 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 10249805 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4 | Part V, Line 4: Intended uses of the endowment fund. | THE FOUNDATION AIMS TO PROTECT THE PURCHASING POWER OF THE ENDOWMENT BY PROVIDING A RATE OF GROWTH TO KEEP PACE WITH INFLATION AND PAY OUT AN ADEQUATE AMOUNT OF INCOME TO SUPPORT THE PURPOSE OF THE ENDOWMENT (SCHOLARSHIPS, RESEARCH, PROFESSORSHIPS, AND OTHER NEEDS). |
| Part IV, Line 2b | Part IV, Line 2b: Explanation of escrow account liability | CUSTODIAL ACCOUNTS CONSIST OF FUNDS OF OTHER QUALIFIED CHARITIES HELD AT THE FOUNDATION FOR INVESTMENT ADMINISTRATIVE PURPOSES. |
| Part III, Line 4 | Part III, Line 4: Description of organization's collections and how it furthers its purpose. | PART III 3E & 4 - THE FOUNDATION'S COLLECTIONS ARE HELD FOR SALE AND THE PROCEEDS ARE USED TO FURTHER BENEFIT THE UNIVERSITY OF MAINE. THE FOUNDATION'S COLLECTIONS CONSIST OF VARIOUS PAINTINGS, CHINA AND SILVER, JEWELRY AND A HUMMELL COLLECTION. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (13 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF MAINE | ||||||||
| UNIVERSITY OF MAINE SYSTEM | ORONO | ME | 04469 | 016000769 | 501(c)3 | 6270212 | 0 | SCHOL, AWARDS, PROF, GEN |
| UNIVERSITY ALUMNI ASSOCIATION | ||||||||
| ONE ALUMNI PLACE | ORONO | ME | 04469 | 010502306 | 501(c)3 | 157110 | 0 | GENERAL |
| UNITED WAY KENNEBEC VA | ||||||||
| 228 WATER ST | AUGUSTA | ME | 04330 | 016004404 | 501(c)3 | 10000 | 0 | GENERAL |
| UNITED METHODIST CHURCH | ||||||||
| PO BOX 33 | SEARSMONT | ME | 04973 | 016013581 | 501(c)3 | 30631 | 0 | GENERAL |
| TOWN OF SEARSMONT | ||||||||
| PO BOX 56 | SEARSMONT | ME | 04973 | 010390148 | 15315 | 0 | GENERAL | |
| THE MISSION SOCIETY | ||||||||
| 6234 CROOKED CREEK RD | NORCROSS | GA | 30092 | 581546441 | 501(c)3 | 25000 | 0 | GENERAL |
| PINE TREE STATE 4-H FOUNDATION | ||||||||
| 5741 LIBBY HALL | ORONO | ME | 04469 | 016011487 | 501(c)3 | 48822 | 0 | GENERAL |
| MAINE GENERAL MEDICAL CENTER | ||||||||
| PO BOX 828 | WATERVILLE | ME | 04903 | 010332595 | 501(c)3 | 25000 | 0 | GENERAL |
| LITHGOW LIBRARY CAPITAL CMPGN | ||||||||
| C/O KSB 150 STATE ST | AUGUSTA | ME | 04330 | 412038965 | 501(c)3 | 10000 | 0 | |
| KVYMCA | ||||||||
| 31 UNION ST | AUGUSTA | ME | 04330 | 010211811 | 501(c)3 | 10000 | 0 | GENERAL |
| KENNEBEC HISTORICAL SOCIETY | ||||||||
| PO BOX 5582 | AUGUSTA | ME | 04332 | 237134457 | 501(c)3 | 8000 | 0 | GENERAL |
| HAZARDVILLE UNITED METHODIST | ||||||||
| 320 HAZARD AVE | ENFIELD | CT | 06082 | 060787160 | 501(c)3 | 10000 | 0 | GENERAL |
| GREEN ST UNITED METHODIST CHU | ||||||||
| 13 GREEN ST | AUGUSTA | ME | 04330 | 016000570 | 501(c)3 | 6000 | 0 | GENERAL |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 12 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grantmaker's Description of How Grants are Used | Identifier |
| Explanation | ONE-THE FOUNDATION MONITORS THE USE OF UNIVERSITY GRANT FUNDS BY CONDUCTING AN INTERNAL AUDIT ON A GROUP OF RANDOMLY SELECTED FUNDS EACH YEAR. SECOND-DURING THE FISCAL YEAR AUDIT THE AUDITORS CONDUCT AN INDEPENDENT REVIEW OF A RANDOM GROUP OF FUNDS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | AMOS E ORCUTT | NamePerson |
| Base Compensation Filing Org | 142709 | BaseCompensationFilingOrg |
| Other Compensation Filing Org | 403638 | OtherCompensationFilingOrg |
| Deferred Comp Filing Org | 102824 | DeferredCompFilingOrg |
| Nontaxable Benefits Filing Org | 19656 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 668827 | TotalCompensationFilingOrg |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Sch J, Part I, Line 1a | Identifier |
| Return Reference | Part I, Line 1a: Relevant information in regards to selections on 1a. | ReturnReference |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRENT SLATER GROSS MINSKY MOGUL | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | BOARD CLERK | Relationship |
| Amount Of Transaction | 15255 | AmountOfTransaction |
| Description Of Transaction | ATTORNEY/LEGAL | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 13500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | EXPERT OPINION | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 41 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 601622 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MKT VALUE | MethodOfDeterminingRevenues |
Real Estate Other RealEstateOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 17476 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | EXPERT OPINION | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | CATERING/FDRAIS | 4 | 5967 | SELLING PRICE |
| X | PARTNERSHIP INT | 1 | 3300 | EXPERT OPINION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 2 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part I, Line 32, Hire and Use of Third Parties | Identifier |
| Explanation | THE FOUNDATION USES THIRD PARTIES WHO ARE PROFESSIONALS FOR THE SALE OF NON-CASH CONTRIBUTIONS SUCH AS ART AND SECURITIES. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990 PART V, LINE 4B - FOREIGN COUNTRIES | THE FOUNDATION HAS AN INTEREST IN, OR A SIGNATURE OR OTHER AUTHORITY OVER, A FINANCIAL ACCOUNT IN THE FOLLOWING FOREIGN COUNTRIES:BRITISH VIRGIN ISLANDS, CAYMAN ISLANDS, IRELAND AND NETHERLAND ANTILLES | |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | AUDITED FINANCIAL STATEMENT, FORM 990, DONOR BILL OF RIGHTS, AND THE FOUNDATION'S CONFIDENTIALITY POLICY IS FOUND ON OUR WEBSITE, UMAINEFOUNDATION.ORG. A COMPLETE COPY OF THE BY-LAWS AND CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. | Form 990, Part VI, Line 19 |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | ALL NEW EMPLOYEES, MEMBERS, BOARD, AND COMMITTEE MEMBERS COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ANY REAL OR POTENTIAL CONFLICT IS MONITORED AND ENFORCED IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. | Form 990, Part VI, Line 12c |
| Form 990, Part VI, Line 11: Form 990 Review Process | LINE 11A: A DRAFT COPY OF THE COMPLETED FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS NO LESS THAN TWO WEEKS BEFORE FILING. | Form 990, Part VI, Line 11 |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | LINE 7A & B: THE FOUNDATION IS GOVERNED BY MEMBERSHIP WHICH ELECTS DIRECTORS. | Form 990, Part VI, Line 7a |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | THE FOUNDATION HAS MEMBERS. | Form 990, Part VI, Line 6 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity |
|---|---|---|---|---|---|---|---|
| CHARITABLE PERPETUAL TRUSTS 5 | |||||||
| TWO ALUMNI PLACE | ORONO | ME | 04469 | SPLIT INTEREST TRUST | ME | N/A | TRUST |
| CHARITABLE REMAINDER TRUSTS 33 | |||||||
| TWO ALUMNI PLACE | ORONO | ME | 04469 | SPLIT INTEREST TRUST | ME | N/A | TRUST |
| CHARITABLE LEAD TRUSTS 7 | |||||||
| TWO ALUMNI PLACE | ORONO | ME | 04469 | SPLIT INTEREST TRUST | ME | N/A | TRUST |
| POOLED INCOME FUNDS 2 | |||||||
| TWO ALUMNI PLACE | ORONO | ME | 04469 | SPLIT INTEREST TRUST | ME | N/A | TRUST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| CHARITABLE PERPETUAL TRUSTS 5 | ||
| r | 29417 | NET INC/UNITRST |
| CHARITABLE REMAINDER TRUSTS 33 | ||
| r | 1744094 | REMAINDER INT |
| CHARITABLE LEAD TRUSTS 7 | ||
| r | 143763 | ANN/TRST PYMT |
| POOLED INCOME FUNDS 2 | ||
| r | 661913 | MARKET VALUE |
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