2013-02-11T05:29:13-08:00 2012-06-30 Brantner Thibodeau & Assoc 674 Mt Hope Avenue Suite 1 Bangor ME 04401 990 2011-07-01 016011501 UNIVERSITY OF MAINE FOUNDATION UNIV 2075815100 TWO ALUMNI PLACE ORONO ME 04469 JEFFERY N MILLS 2013-02-08 true Julianne K Archer 2079473325 2011 2016-03-07 17:11:31Z JEFFERY N MILLS C/O UNIVERSITY OF MAINE FDN ORONO ME 04469 71374571 false false X WWW.UMAINEFOUNDATION.ORG X 1934 ME 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. 7 7 11 50 0 6649135 12359605 0 9495465 4472785 417739 755734 16562339 17588124 5132298 7025572 0 1117798 1400624 0 823969 2656275 1823609 8906371 10249805 7655968 7338319 183731745 179729532 7791452 6673488 175940293 173056044 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. false false 7202849 GIFTS AND ENDOWMENT INCOME DISTRIBUTED FOR SCHOLARHSIPS AND GENERAL SUPPORT FOR THE BENEFIT OF THE UNIVERSITY OF MAINE. 481806 DISTRIBUTIONS TO TRUST, GIFT ANNUITY AND POOLED INCOME FUND PARTICIPANTS. 240797 DISTRIBUTIONS OF GIFTS AND ENDOWMENT INCOME TO OTHER QUALIFIED CHARITIES. 7925452 true true false false false true false true true true true true false true true false true false false false false false false false false false false true false true false false false false false false false false false false true true true false false false true true true false false true 103 0 true 11 true false false true OC false false false false false true true false 0 false false false false false false false false false false false X 7 7 false false false false true true true true true false true true true true true true true true true true false false NH X X JEFFERY MILLS 2075815100 TWO ALUMNI PLACE ORONO ME 044695792 CARROLL R LEE 0.00 X 0 0 0 C STEPHEN COUTTS 0.00 X 0 0 0 ELLEN K STINSON 0.00 X X 0 0 0 DONNA T MUNDY 0.00 X 0 0 0 DAVID M AUSTIN 0.00 X 0 0 0 DARRYL N BROWN 0.00 X 0 0 0 GREGG M PIASIO 0.00 X X 0 0 0 ELDON L MORRISON 0.00 X 0 0 0 BARRY J HOBBINS 0.00 X 0 0 0 JEFFERY N MILLS 40.00 X 0 0 0 AMOS E ORCUTT 40.00 X 546347 0 122480 BRENT R SLATER 0.00 X 0 0 0 PATRICIA M DUNN 0.00 X 0 0 0 JOHN I SIMPSON 0.00 X 0 0 0 SARAH MCPARTLAND-GOOD 40.00 X 107387 0 32030 653734 154510 2 false true false 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 2 12359605 641865 12359605 0 3215623 3215623 0 0 0 54842897 200712 53522094 264353 1320803 -63641 1257162 1257162 0 0 0 OTHER REVENUE 900099 2939 1433 1506 CGA PV ADJUSTMENT 900099 548894 548894 ALLOCATED INVESTMENT EARN 900099 203901 203901 755734 17588124 754228 4474291 7025572 7025572 0 0 0 424785 95723 212789 116273 0 724378 165982 206980 351416 29247 7371 8716 13160 173664 32161 84072 57431 48550 12438 14268 21844 0 15242 15242 17150 17150 0 0 331798 331798 77680 77680 12028 3031 3585 5412 17677 4454 5269 7954 72397 18243 21577 32577 0 149572 29060 68621 51891 35805 9023 10670 16112 0 12647 3187 3769 5691 1587 1587 0 39747 10016 11846 17885 19270 4856 5743 8671 Printing and Publications 23752 5985 7079 10688 FUNDRAISING EXPENSES 80264 80264 UNCOLLECTIBLE PROM TO GIVE 375844 375844 LIFE INCOME PARTICIPANTS 481806 481806 59343 14957 17686 26700 10249805 7925452 1500384 823969 112208 167960 6163566 7226747 1295076 481965 344792 467973 0 0 983935 978674 0 0 6348783 100562 6379568 6248221 105801984 119026381 45427309 30125043 0 0 17223307 15006568 183731745 179729532 851299 842271 3712923 2910342 1140857 1030492 2086373 1890383 7791452 6673488 X 7345518 4546307 48584831 35877775 120009944 132631962 175940293 173056044 183731745 179729532 X 7338319 -10222568 X false true true X false false X 13088048 7748262 5387222 6649135 12359605 45232272 0 0 13088048 7748262 5387222 6649135 12359605 45232272 8927253 36305019 2635735 2286866 2117437 2282501 3215623 12538162 0 152888 138317 354990 417739 755734 1819668 59590102 0.60920 0.46910 X 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 123300 49530 true true 13500 317684 X SEE PART XIV FOR DESCRIPTION true false true 149059863 13992790 -5645354 6838664 2270276 148298359 123235557 6670997 25061552 4013984 1894259 149059863 117506698 5173234 4840322 2573576 17259 1693862 123235557 0.02610 0.86550 0.10840 false false false 6110257 6110257 238526 100562 137964 6248221 30125043 F 30125043 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 15006568 DISTRIBUTIONS DUE TO LIFE INCOME BENEFIC 1890383 1890383 17588124 10249805 7338319 -10222568 -10222568 -2884249 7033758 -10222568 -10222568 17256326 331798 331798 17588124 9918007 9918007 331798 331798 10249805 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. true 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 12 1 Grantmaker's Description of How Grants are Used 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. X true true X X X false false false false false false false false false false AMOS E ORCUTT 142709 403638 102824 19656 668827 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. BRENT SLATER GROSS MINSKY MOGUL BOARD CLERK 15255 ATTORNEY/LEGAL false X 1 13500 EXPERT OPINION X 41 601622 FAIR MKT VALUE X 1 17476 EXPERT OPINION X CATERING/FDRAIS 4 5967 SELLING PRICE X PARTNERSHIP INT 1 3300 EXPERT OPINION 2 false true true Part I, Line 32, Hire and Use of Third Parties THE FOUNDATION USES THIRD PARTIES WHO ARE PROFESSIONALS FOR THE SALE OF NON-CASH CONTRIBUTIONS SUCH AS ART AND SECURITIES. 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 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 12c 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 11 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 7a 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 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder THE FOUNDATION HAS MEMBERS. 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 false false false false false false false false false false false false false false false false false true 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