WESCUSTOGO FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WESCUSTOGO FOUNDATION (EIN 20-3848164)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-10-05
- IRS object ID
- 202302789349100615
- Schema version
- 2022v5.0
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-10-05T14:45:07-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010494526 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Newman & Noyes | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 507 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203848164 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wescustogo Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WESC | BusinessNameControlTxt |
| Phone | 2394726823 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1644 Lands End Village | AddressLine1Txt |
| City | Captiva | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33924 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kathryn M Nanovic-Morlet | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 2394726823 | PhoneNum |
| Signature | 2023-09-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Kathryn | PersonFirstNm |
| Person Last | Nanovic-Morlet | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nicholas E Porto | PreparerPersonNm |
| PTIN | P01310283 | PTIN |
| Phone | 2078792100 | PhoneNum |
| Preparation | 2023-09-27 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $60,896,964 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,884,760 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $241 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $241 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,351,842 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,351,842 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$377,755 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,335,634 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,859,088 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,352,083 | 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 | $2,950 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,200 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $265,847 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $176,447 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $89,400 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $28,563 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,563 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $297,360 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $185,760 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $91,600 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,818,317 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,818,317 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,115,677 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $185,760 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,909,917 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $743,411 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,166,323 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $8,969,126 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,029,348 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,029,348 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $64,428,309 | CorporateStockBOYAmt |
| Corporate Stock EOY | $57,867,616 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $57,867,616 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $73,397,435 | TotalAssetsBOYAmt |
| Total Assets EOY | $60,896,964 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $60,896,964 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $73,397,435 | RetainedEarningBOYAmt |
| Retained Earning EOY | $60,896,964 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $73,397,435 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $60,896,964 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $73,397,435 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $60,896,964 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $73,397,435 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $743,411 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $74,140,846 | SubtotalAmt |
| Other Decreases | $13,243,882 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $60,896,964 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| Publicly Traded Securities | $3,330,960 | $3,713,389 | -$382,429 | -$382,429 | |
| Capital Gains Dividends | $4,674 | $4,674 | $4,674 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$377,755 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,212 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $16,212 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $16,212 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $28,530 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $38,530 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $22,318 | OverpaymentAmt |
| Applied To ES Tax | $22,318 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Robert S Nanovic | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2394726823 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1644 Lands End Village | AddressLine1Txt |
| City | Captiva | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33924 | 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 | 0 | 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 | Yes (1) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2021 | UndistributedIncomePY1Yr |
| Undistr Incm Sect4942a2 Not App | Yes (1) | UndistrIncmSect4942a2NotAppInd |
| 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 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 |
|---|---|---|---|---|---|---|---|---|
| Robert S Nanovic | ||||||||
| 1644 Lands End Village | Captiva | FL | 33924 | President | 1.00 | $0 | $0 | $0 |
| Kathryn M Nanovic-Morlet | ||||||||
| 1644 Lands End Village | Captiva | FL | 33924 | Treasurer | 1.00 | $0 | $0 | $0 |
| Rebecca E Lin | ||||||||
| 1644 Lands End Village | Captiva | FL | 33924 | Secretary | 1.00 | $0 | $0 | $0 |
| Elizabeth E Nanovic | ||||||||
| 1644 Lands End Village | Captiva | FL | 33924 | Director | 1.00 | $0 | $0 | $0 |
| Robert T Nanovic | ||||||||
| 1644 Lands End Village | Captiva | FL | 33924 | Director | 1.00 | $0 | $0 | $0 |
| Emmanuel Morlet | ||||||||
| 1644 Lands End Village | Captiva | FL | 33924 | Director | 1.00 | $0 | $0 | $0 |
| Anne Nanovic | ||||||||
| 1644 Lands End Village | Captiva | FL | 33924 | Director | 1.00 | $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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sanibel Captiva Trust | |||||
| 2460 Palm Ridge Road | Sanibel Island | FL | 33957 | Investment Management | $109,103 |
| Foundation Source | |||||
| 55 Walls Drive 302 | Fairfield | CT | 06824 | Administration and Management | $89,400 |
| Tocqueville Asset Management | |||||
| 40 West 57th Street 19th Floor | New York | NY | 10019 | Investment Management | $67,344 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $54,929,642 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,789,230 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $60,718,872 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $60,718,872 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $910,783 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $59,808,089 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,990,404 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,990,404 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,212 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,212 | TotalTaxAmt |
| Distributable Before Adj | $2,974,192 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,974,192 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,974,192 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,909,917 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,909,917 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,974,192 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,949,770 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,909,917 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,909,917 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $0 | 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 | $39,853 | Taxable2Amt |
| Undistributed Income CY | $2,974,192 | 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 | Robert S Nanovic | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (56 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Center for Contemporary Printmaking | |||||||
| 299 West Avenue | Norwalk | CT | 06850 | N/A | PC | General Support | $10,000 |
| Center for Maine Contemporary Art | |||||||
| 21 Winter Street | Rockland | ME | 04841 | N/A | PC | General Support | $25,000 |
| Charitable Foundation of the Islands Inc | |||||||
| PO Box 1429 | Sanibel | FL | 33957 | N/A | PC | General Support | $10,000 |
| Citizens Campaign Fund for the Environment | |||||||
| 225 A Main Street Suite 2 | Farmingdale | NY | 11735 | N/A | PC | General Support | $25,000 |
| Clinic for the Rehabilitation of Wildlife Inc | |||||||
| PO Box 150 | Sanibel | FL | 33957 | N/A | PC | General Support | $20,000 |
| Coastal Rivers Conservation Trust | |||||||
| PO Box 333 | Damariscotta | ME | 04543 | N/A | PC | General Support | $20,000 |
| Ding Darling Wildlife Society | |||||||
| 1 Wildlife Drive | Sanibel | FL | 33957 | N/A | PC | General Support | $75,000 |
| Fairfield County's Community Foundation | |||||||
| 40 Richards Avenue | Norwalk | CT | 06854 | N/A | PC | General Support | $25,000 |
| Family & Children's Agency | |||||||
| 9 Mott Avenue 4th Floor | Norwalk | CT | 06850 | N/A | PC | General Support | $25,000 |
| Fish of Sanibel-Captiva Inc | |||||||
| 2430 Periwinkle Way Suite B | Sanibel | FL | 33957 | N/A | PC | General Support | $75,000 |
| Food Bank of Lower Fairfield County Inc | |||||||
| 461 Glenbrook Road | Stamford | CT | 06906 | N/A | PC | General Support | $50,000 |
| Friends of the Norwalk River Valley Trail Inc | |||||||
| PO Box 174 | Georgetown | CT | 06829 | N/A | PC | General Support | $5,000 |
| Good Shepherd Food Bank | |||||||
| PO Box 1807 | Auburn | ME | 042111807 | N/A | PC | General Support | $129,403 |
| Greater Lovell Land Trust Inc | |||||||
| PO Box 181 | Center Lovell | ME | 04016 | N/A | PC | General Support | $12,000 |
| Gulf of Maine Research Institute | |||||||
| 350 Commercial Street | Portland | ME | 04101 | N/A | PC | General Support | $50,000 |
| Harry Chapin Food Bank of Southwest Florida Inc | |||||||
| 3760 Fowler Street | Fort Myers | FL | 33901 | N/A | PC | General Support | $20,000 |
| Heights Foundation Inc | |||||||
| 15570 Hagie Drive | Fort Myers | FL | 33908 | N/A | SO I | General Support | $20,000 |
| Kezar Lake Association | |||||||
| PO Box 88 | Lovell | ME | 040510088 | N/A | PC | General Support | $36,000 |
| Lifeflight of Maine LLC | |||||||
| 43 Whiting Hill Road Suite 400 | Brewer | ME | 04412 | N/A | PC | General Support | $75,000 |
| Maine Audubon | |||||||
| 20 Gilsland Farm Road | Falmouth | ME | 04105 | N/A | PC | General Support | $10,000 |
| Maine Behavioral Healthcare | |||||||
| 78 Atlantic Place | South Portland | ME | 04106 | N/A | PC | General Support | $20,000 |
| Maine Center for Coastal Fisheries | |||||||
| PO Box 27 | Stonington | ME | 04681 | N/A | PC | General Support | $25,000 |
| Maine Farmland Trust | |||||||
| 97 Main Street | Belfast | ME | 04915 | N/A | PC | General Support | $15,000 |
| Maine Historical Society | |||||||
| 489 Congress Street | Portland | ME | 04101 | N/A | PC | General Support | $15,000 |
| Maine Maritime Museum | |||||||
| 243 Washington Street | Bath | ME | 04530 | N/A | PC | General Support | $15,000 |
| Maine Youth Alliance | |||||||
| 78A Main Street | Belfast | ME | 049156825 | N/A | PC | General Support | $10,000 |
| MaineHealth | |||||||
| 22 Bramhall Street | Portland | ME | 04102 | N/A | PC | General Support | $198,862 |
| Mercy Hospital | |||||||
| 144 State Street | Portland | ME | 04101 | N/A | PC | General Support | $99,590 |
| Mid Coast Hunger Prevention Program | |||||||
| 12 Tenney Way | Brunswick | ME | 04011 | N/A | PC | General Support | $35,000 |
| Midcoast Conservancy | |||||||
| 290 US Route 1 | Edgecomb | ME | 04556 | N/A | PC | General Support | $45,000 |
| Nature Conservancy Inc | |||||||
| 4245 North Fairfax Drive Suite 100 | Arlington | VA | 22203 | N/A | PC | General Support | $169,049 |
| New York Community Trust | |||||||
| 909 Third Avenue 22nd Floor | New York | NY | 10022 | N/A | PC | General Support | $50,000 |
| North Yarmouth Historical Society | |||||||
| 10 Village Square Road | North Yarmouth | ME | 04097 | N/A | PC | General Support | $15,000 |
| Northeast Historic Film | |||||||
| 85 Main Street | Bucksport | ME | 044160900 | N/A | PC | General Support | $25,000 |
| Norwalk Hospital Foundation | |||||||
| 34 Maple Street | Norwalk | CT | 06850 | N/A | PC | General Support | $10,000 |
| Olympia Snowe Women's Leadership Institute | |||||||
| One Canal Plaza Suite 501 | Portland | ME | 041014083 | N/A | PC | General Support | $53,000 |
| Original Music Workshop | |||||||
| 80 North 6th Street | Brooklyn | NY | 11249 | N/A | PC | General Support | $50,000 |
| Person to Person Inc | |||||||
| 1864 Post Road | Darien | CT | 068205802 | N/A | PC | General Support | $35,000 |
| Portland Maine Symphony Orchestra | |||||||
| 50 Monument Square 2nd Floor | Portland | ME | 04101 | N/A | PC | General Support | $149,067 |
| Portland Museum of Art | |||||||
| 7 Congress Square | Portland | ME | 04101 | N/A | PC | General Support | $174,124 |
| Preble Street | |||||||
| 38 Preble Street 3rd Floor | Portland | ME | 04101 | N/A | PC | General Support | $124,329 |
| Recess Activities Inc | |||||||
| 48 Washington Avenue | Brooklyn | NY | 11205 | N/A | PC | General Support | $25,000 |
| Riverkeeper Inc | |||||||
| 20 Secor Road | Ossining | NY | 10562 | N/A | PC | General Support | $94,515 |
| Royal River Conservation Trust | |||||||
| PO Box 90 | Yarmouth | ME | 04096 | N/A | PC | General Support | $100,000 |
| Sanibel-Captiva Conservation Foundation | |||||||
| PO Box 839 | Sanibel | FL | 33957 | N/A | PC | General Support | $183,956 |
| Save The Sound | |||||||
| 900 Chapel Street 2202 | New Haven | CT | 06510 | N/A | PC | General Support | $20,000 |
| Seventh Regiment Armory Conservancy | |||||||
| 643 Park Avenue | New York | NY | 10065 | N/A | PC | General Support | $40,000 |
| Shed NYC | |||||||
| 545 West 30th Street | New York | NY | 10001 | N/A | PC | General Support | $50,000 |
| Space Gallery | |||||||
| 538 Congress Street | Portland | ME | 041013310 | N/A | PC | General Support | $10,000 |
| Susan L Curtis Foundation | |||||||
| 1321 Washington Avenue | Portland | ME | 04103 | N/A | PC | General Support | $20,000 |
| The AspergerAutism Network Inc | |||||||
| 85 Main Street 3 | Watertown | MA | 02472 | N/A | PC | General Support | $25,000 |
| The Cromwell Center for Disabilities Awareness | |||||||
| 97A Exchange Street Suite 205 | Portland | ME | 041015016 | N/A | PC | General Support | $10,000 |
| The Fire Island Lighthouse Preservation Society Inc | |||||||
| 4640 Captree Island | Captree Island | NY | 11702 | N/A | PC | General Support | $10,000 |
| Waldo Theater Inc | |||||||
| PO Box 587 | Waldoboro | ME | 04572 | N/A | PC | General Support | $5,000 |
| Wayside Food Programs | |||||||
| PO Box 1278 | Portland | ME | 04104 | N/A | PC | General Support | $65,000 |
| West Side Center for Community Life Inc | |||||||
| 263 West 86th Street | New York | NY | 10024 | N/A | PC | General Support | $109,422 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,818,317 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $241 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,351,842 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$377,755 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $974,328 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $974,328 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| Robert S Nanovic 2009 Charitable Lead Annuity Trust | |||||||
| 1 | PO Box 927 | Captiva | FL | 339240927 | $361,455 | Yes (X) | |
| Robert S Nanovic 2017 Charitable Lead Annuity Trust | |||||||
| 2 | PO Box 927 | Captiva | FL | 339240927 | $2,523,305 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 6,070 shares Home Depot, Inc. | NoncashPropertyDesc |
| Fair Market Value | $1,972,062 | FairMarketValueAmt |
| Received | 2022-11-22 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $2,950 | Amt |
| Net Investment Income | $750 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,200 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (84 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 600 units ABBV | $96,966 | $96,966 |
| 1000 units AMZN | $84,000 | $84,000 |
| 500 units AAPL | $64,965 | $64,965 |
| 500 units ADSK | $93,435 | $93,435 |
| 2500 units BAC | $82,800 | $82,800 |
| 660 units BA | $125,723 | $125,723 |
| 35 units BKNG | $70,535 | $70,535 |
| 1100 units BXP | $74,338 | $74,338 |
| 650 units CVX | $116,669 | $116,669 |
| 60 units CMG | $83,249 | $83,249 |
| 400 units CMA | $26,740 | $26,740 |
| 1600 units GLW | $51,104 | $51,104 |
| 300 units CMI | $72,687 | $72,687 |
| 1000 units DOW | $50,390 | $50,390 |
| 600 units EMR | $57,636 | $57,636 |
| 300 units FDX | $51,960 | $51,960 |
| 1500 units FTNT | $73,335 | $73,335 |
| 400 units IBM | $56,356 | $56,356 |
| 800 units JPM | $107,280 | $107,280 |
| 150 units LMT | $72,974 | $72,974 |
| 550 units MSFT | $131,901 | $131,901 |
| 800 units NEE | $66,880 | $66,880 |
| 450 units PEP | $81,297 | $81,297 |
| 800 units DGX | $125,152 | $125,152 |
| 300 units CRM | $39,777 | $39,777 |
| 900 units SWK | $67,608 | $67,608 |
| 300 units SYK | $73,347 | $73,347 |
| 18659 units HD | $5,893,632 | $5,893,632 |
| 130 units UNH | $68,923 | $68,923 |
| 1100 units USB | $47,971 | $47,971 |
| 445 units BAM | $12,758 | $12,758 |
| 1780 units BN | $55,999 | $55,999 |
| 650 units CB | $143,390 | $143,390 |
| 2870 units ENB | $112,217 | $112,217 |
| 1327 units SHEL | $75,573 | $75,573 |
| 3200 units XLF | $109,440 | $109,440 |
| 3400 units IAU | $117,606 | $117,606 |
| 1800 units KRE | $105,732 | $105,732 |
| 3300 units ABBV | $533,313 | $533,313 |
| 3800 units AMZN | $319,200 | $319,200 |
| 2300 units AAPL | $298,839 | $298,839 |
| 1800 units ADSK | $336,366 | $336,366 |
| 19000 units BAC | $629,280 | $629,280 |
| 2000 units BRKB | $617,800 | $617,800 |
| 2600 units BA | $495,274 | $495,274 |
| 220 units BKNG | $443,362 | $443,362 |
| 7800 units BXP | $527,124 | $527,124 |
| 5400 units BMY | $388,530 | $388,530 |
| 400 units CMG | $554,996 | $554,996 |
| 3500 units CMA | $233,975 | $233,975 |
| 8500 units GLW | $271,490 | $271,490 |
| 2000 units CMI | $484,580 | $484,580 |
| 7000 units DOW | $352,730 | $352,730 |
| 7000 units DD | $480,410 | $480,410 |
| 2800 units XOM | $308,840 | $308,840 |
| 2675 units FDX | $463,310 | $463,310 |
| 3710 units IBM | $522,702 | $522,702 |
| 2000 units JPM | $268,200 | $268,200 |
| 1800 units JNJ | $317,970 | $317,970 |
| 1400 units LMT | $681,086 | $681,086 |
| 1650 units MSFT | $395,703 | $395,703 |
| 4550 units NEE | $380,380 | $380,380 |
| 1400 units QCOM | $153,916 | $153,916 |
| 2750 units CRM | $364,623 | $364,623 |
| 12000 units XLV | $1,630,200 | $1,630,200 |
| 94741 units HD | $29,924,892 | $29,924,892 |
| 3000 units TJX | $238,800 | $238,800 |
| 800 units UNH | $424,144 | $424,144 |
| 4200 units USB | $183,162 | $183,162 |
| 700 units WM | $109,816 | $109,816 |
| 3542 units BAM | $101,549 | $101,549 |
| 14170 units BN | $445,788 | $445,788 |
| 2140 units CB | $472,084 | $472,084 |
| 15710 units ENB | $614,261 | $614,261 |
| 2000 units MDT | $155,440 | $155,440 |
| 9450 units ST | $381,591 | $381,591 |
| 4920 units TSM | $366,491 | $366,491 |
| 7360 units XLE | $643,779 | $643,779 |
| 29761.905 units FFGCX | $572,917 | $572,917 |
| 15800 units XLF | $540,360 | $540,360 |
| 9800 units IAU | $338,982 | $338,982 |
| 7000 units KRE | $411,180 | $411,180 |
| 30800 units ICLN | $611,380 | $611,380 |
| Accrued Income | $34,456 | $34,456 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized Loss of Securities Held and Donated | Desc |
| Amt | $13,243,882 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Fees | $176,447 | $176,447 | $0 |
| Administration Fees | $89,400 | $0 | $89,400 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Foreign Tax | $8,563 | $8,563 | $0 |
| Excise Tax | $20,000 | $0 | $0 |