2020-05-14T10:16:33-05:00 2019-12-31 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2019-01-01 010425071 Friends of Acadia FRIE 2072883340 PO Box 45 Bar Harbor ME 046090045 William C Eacho Treasurer 2072883340 2020-05-08 1 Joseph R Byrne P01289281 2077752387 2020-05-08 69.49.157.66 2020-05-08 13:32:52 ED P E5302821D3517A8F546AA2FF8903FDF16CEA9AE5 E262D3C9A45A77A46A0A2832CF74466488750570 2019 2020-09-23 17:36:50Z David MacDonald PO Box 45 Bar Harbor ME 046090045 31265912 0 X www.friendsofacadia.org X 1986 ME Preservation and protection of Acadia National Park 24 24 38 299 0 0 3315303 3625067 0 0 5913519 3005977 801064 766163 10029886 7397207 1274676 1457396 0 0 1655367 1818091 0 0 758720 1056258 1098645 3986301 4374132 6043585 3023075 54693785 63943791 58350 44550 54635435 63899241 X Friends of Acadia preserves, protects, and promotes stewardship of the outstanding natural beauty, ecological vitality, and distinctive cultural resources of Acadia National Park and surrounding communities for the inspiration and enjoyment of current and future generations. 0 0 494528 339238 Friends of Acadia makes grants from its Acadia Trails Forever project fund to the ANP trails program to maintain the park's 153 miles of trails. Along with the usual erosion repair, projects in 2019 included rehabilitation and reopening of the Valley Cove Trail, major erosion repair on the Jordan Cliffs Trail, rehabilitation of the Kurt Diederich Climb, major progress on the Seaside Path, clearing and repairing damage after the Beachcroft Trail rockslide, and widening and installing lighting on the Jordan Pond House parking trails. 288637 198000 The Island Explorer is a fare-free, seasonal, propane-powered bus system that runs through Acadia National Park and its surrounding gateway communities. Since its first day of operation in 1999, over 8.4 million visitors have ridden the bus, an estimated 3.2 million private vehicle trips have been eliminated, reducing smog causing pollutants by an estimated 45 tons and greenhouse gas emissions by over 29,000 tons. Friends of Acadia has been involved with the bus systems since its inception, helping to secure and grant over $4 million in funds from L.L. Bean and others to enable the system to grow. Friends of Acadia's grant helps to support the operating costs of a fleet of 45 buses serving Mount Desert Island, and the Schoodic peninsula. 339139 232644 The Carriage Road maintenance grant makes possible the salaries of six Acadia National Park workers who perform regular maintenance of the park's 44 miles of historic carriage roads. In 2019, in addition to normal yearly upkeep, the workers spent four weeks continuing a multi-year project of opening up historic vistas, recovered and reset many coping stones which had been dislodged by water, snow, ice, and erosion. They also continued overhead cutting to reduce danger to visitors and to help prevent damage to the roads. This program uses thousands of volunteer hours from FOA's volunteer program, and the Acadia Youth Conservation Corps students who are supported by another FOA endowment. 1873747 687514 Additionally, Friends of Acadia contributes to a variety of community outreach events such as Take Pride in Acadia, National Trails Day, and Earth Day Roadside Clean-up. In partnership with Acadia National Park, Friends implements and contributes to other programs including the Summit Stewards, the Wild Gardens of Acadia, the Acadia Winter Trails Association, invasive plant eradication, Acadia Quest, the Acadia Digital Media Team, the night sky initiative, the peregrine falcon and hawk watch program, the Acadia Teacher Fellows Program, water quality monitoring and a volunteer program that contributes over 5,000 hours of time each year to help maintain Acadia's trails and carriage roads. 1873747 687514 2996051 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 28 0 1 38 1 0 1 CJ LU 0 0 1 1 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL CA FL GA MD ME MN MS NH NJ NY OH PA WA NM NC X X Jason Irwin 2072883340 PO Box 45 Bar Harbor ME 046090045 Anne Green Chair 1.00 X X 0 0 0 Henry Schmelzer Vice Chair 1.00 X X 0 0 0 William C Eacho Treasurer 1.00 X X 0 0 0 John Kelley Secretary 1.00 X X 0 0 0 Mark Amstutz Director 1.00 X 0 0 0 Julie Banzhaf-Stone Director 1.00 X 0 0 0 Emily Beck Director 1.00 X 0 0 0 Gail Clark Director 1.00 X 0 0 0 Hannah Sistare Clark Director 1.00 X 0 0 0 Sam Coplon Director 1.00 X 0 0 0 Andrew Davis Director 1.00 X 0 0 0 David T Edson Director 1.00 X 0 0 0 John Fassak Director 1.00 X 0 0 0 Elsie Flemings Director 1.00 X 0 0 0 C Boyden Gray Director 1.00 X 0 0 0 Margaret Jeffery Director 1.00 X 0 0 0 David Katona Director 1.00 X 0 0 0 Story Litchfield Director 1.00 X 0 0 0 Paul Mayewski Director 1.00 X 0 0 0 Joan Pew Director 1.00 X 0 0 0 Edward L Samek Director 1.00 X 0 0 0 Eleanor Sullivan Director 1.00 X 0 0 0 Christiaan van Heerden Director 1.00 X 0 0 0 Bill Zoellick Director 1.00 X 0 0 0 Nina Horner Past Secretary 1.00 X X 0 0 0 Jan Karst Past Director 1.00 X 0 0 0 Meredith K Moriarty Past Director 1.00 X 0 0 0 David MacDonald President 40.00 X 151641 0 46819 Jason Irwin Vice President 40.00 X 103741 0 12684 Lisa Horsch Clark Director of Development 40.00 X 108661 0 44982 364043 0 104485 3 0 1 0 Goldman Sachs 200 West Street 39th Floor New York NY 10282 Asset Management 286938 1 594483 378319 2652265 84808 3625067 1181494 1181494 25572938 23748455 1824483 1824483 1824483 886413 378319 120250 766163 766163 7397207 0 0 3772140 1457396 1457396 314885 179485 59828 75572 1126739 642241 214080 270418 36821 20988 6996 8837 234213 133501 44501 56211 105433 60097 20032 25304 44868 44868 286938 286938 112966 52119 44106 16741 23020 16638 1080 5302 205152 74859 63377 66916 104229 1225 102866 138 48161 27076 4624 16461 5840 5840 9344 9344 Other Program Expenses 316030 81520 3043 231467 Dues & Subscriptions 10108 3435 5389 1284 Overhead Distribution 0 245471 -229540 -15931 Bad Debts -68011 0 -68011 0 4374132 2996051 619361 758720 X X 43117 81083 3916510 7591709 4110383 848548 3135 623 98542 73204 186180 175167 20618 11013 46334866 55191001 166614 146610 54693785 63943791 58350 44550 58350 44550 X 4026636 6281452 50608799 57617789 54635435 63899241 54693785 63943791 3023075 6240731 0 X 1 X 1 X 1 0 X 20679595 7113592 5388089 3315303 3547168 40043747 20679595 7113592 5388089 3315303 3547168 40043747 10510940 29532807 684425 670148 900545 1175261 1181494 4611873 448194 519469 651011 801064 766163 3185901 47841521 0.61730 0.64760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2201 2201 4371931 4374132 368707 92177 0 0 363223 345683 349315 368707 1426928 2140392 2837 3802 692 2201 9532 90806 86421 87329 92177 356733 535100 31880907 1194504 5896602 1315856 37656157 34663601 1213020 -2298821 1696893 31880907 28330341 2413222 4678775 758737 34663601 22770563 4723560 1431891 595673 28330341 21582569 2064925 -502583 374348 22770563 0.00000 0.59770 0.40230 0 0 49280 38267 11013 136900 136900 0 11013 13370778 6240731 19778 6260509 7110269 286938 286938 7397207 4106972 19778 19778 4087194 286938 286938 4374132 Part V, Line 4: Friends of Acadia uses its endowment assets as an attempt to provide a predictable stream of funding to the programs supported by its endowments while seeking to maintain the purchasing power of the endowment assets. The investments aim to provide appropriate stewardship of Friends of Acadia's financial assets and secure long-term financial stability and income to support the Organization's commitments to Acadia National Park and Friends' operations and programs as budgeted annually by the investment and finance committee and approved by the Organization's board of directors. Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Investments 2435826 Central America and the Caribbean 0 0 Investments 646933 0 0 0 0 0 0 3082759 0 3082759 1 0 1 1 1 0 Part III Accounting Method: 2019 Benefit Auction 1264732 378319 886413 84955 30745 4550 1264732 378319 886413 84955 30745 4550 120250 766163 1 Acadia National Park Route 233 Bar Harbor ME 04609 Bar Harbor, Maine 739312 Provide assistance to ensure the protection of the Acadia National Park region Downeast Transportation Route 3 Trenton ME 04605 010371992 501(c)(3) 228330 Provide support for the Island Explorer propane buses serving Acadia National Park. Schoodic Institute at Acadia National Park PO Box 277 Winter Harbor ME 046930277 201054593 501(c)(3) 48479 Schoodic Education Adventure Grant 3 0 Part I, Line 2: The Organization maintains a policy designed to monitor the grant arrangements the Organization enters into. The Organization sends letters specifying what the grant is for and requesting a return letter that the grant will be used for the intended purpose. The Organization meets with Acadia National Park staff at least once per year and is provided documentation of where and how the grants were used. The Island Explorer bus system is monitored by the Organization's conservation director who sits on the board of Downeast Transportation. The Organization also requests a letter from Acadia National Park to approve the grant as the buses are operated inside the Park. X 0 0 0 0 0 0 0 0 0 David MacDonald President 151641 0 0 0 0 0 7895 0 38924 0 198460 0 0 0 Lisa Horsch Clark Director of Development 108661 0 0 0 0 0 6086 0 38896 0 153643 0 0 0 X 29 0 Donor Estimate Value X 29 84808 Market Price X Auction Items 51 0 Donor Estimate Value X Trips/Travel 26 0 Donor Estimate Value 0 1 1 Part I, Line 32b: The Organization uses an auctioneer who donates their time to run the event. In addition, the Organization sells contributions of securities through its investment broker. All gifts of securities are sold as soon as administratively possible. Part I, Line 33: For various auctioned items, the Organization does not record revenue when items are donated, rather when the items are sold at the auction event. The donor estimated value of auctioned items was $335,030. Form 990, Part VI, Section A, line 6 Those individuals who pay annual dues or make contributions in an amount set from time to time by the Board shall be known as Members of the Organization. Members do not have voting rights or any other power or authority to govern the Organization in any capacity. Form 990, Part VI, Section B, line 11b To maintain donor requests for anonymity, the complete 990 is reviewed by the Audit Committee that consists of five board members, including the Chair and Treasurer, neither of whom are Chair of the Committee. The President & CEO, Vice President of Finance and Administration also attend the meeting, and after discussion with the lead and managing auditors, the 990 is filed. Additionally, the Board of Directors is provided with a copy of the Public Disclosure copy prior to filing. Form 990, Part VI, Section B, line 12c Once a year, a disclosure form is sent to each board member as well as the members of the development, investment, finance committees, and staff. Completion of the forms is required. Those who do not return the form are sent another form and sent a reminder if necessary. The answers are reviewed by the governance/nominating committee who report to the Board. If vote is called on a motion for which a board member has a conflict of interest they will recuse themselves from voting, or be asked to do so by the Chair. Form 990, Part VI, Section B, line 15 The policy of the Organization is to periodically use the Maine Association of Non-Profit's salary and benefits survey to review current positions and related salaries. Also taken into consideration is cost of living and rate of inflation statistics. The Executive Committee of the Friends of Acadia Board of Directors sets the President's salary. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Friends of Acadia P.O. Box 45 Bar Harbor, ME 04609 EIN 01-0425071 Friends of Acadia is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).