ACORN FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ACORN FOUNDATION (EIN 04-3201916)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-15
- IRS object ID
- 201801359349101945
- Schema version
- 2017v2.2
- 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
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-15T12:02:17-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010448006 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBIN RANDALL & BENNETT | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 130 MIDDLE STREET | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 041120445 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043201916 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACORN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACOR | BusinessNameControlTxt |
| Phone | 2078287999 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 CHESTNUT STREET | AddressLine1Txt |
| City | WESTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02193 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARBARA ALFOND | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2078287999 | PhoneNum |
| Signature | 2018-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL P DOIRON | PreparerPersonNm |
| PTIN | P01206204 | PTIN |
| Phone | 2077721981 | PhoneNum |
| Preparation | 2018-05-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $10,163,953 | 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 | $3,760,233 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $35,210 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $35,210 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $111,658 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $111,658 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,982,169 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,752,394 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,982,169 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,724 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,724 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $7,890,994 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,130,761 | 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 |
| Legal Fees Rev And Expnss | $350 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $175 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $175 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,060 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,030 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,030 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $25,650 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $6,413 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $19,237 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $92,799 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,799 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $50,942 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $48,679 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $565 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $175,801 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $62,096 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $23,007 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,566,655 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,566,655 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,742,456 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $62,096 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,589,662 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,148,538 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,068,665 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $298,273 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $266,407 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $266,407 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,099,839 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,280,243 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,897,546 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $4,398,112 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,546,650 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,163,953 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $4,398,112 | CapitalStockBOYAmt |
| Capital Stock EOY | $8,546,650 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,398,112 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,546,650 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,398,112 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,546,650 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,398,112 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,148,538 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $8,546,650 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,546,650 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| DEXTER GLOBAL EQUITY TE LLC | P | $50,388 | $50,388 | $50,388 | |||
| DEXTER FIXED INCOME TE LLC | P | -$20,225 | -$20,225 | $20,225 | |||
| DEXTER US EQUITY TE LLC | P | $24,888 | $24,888 | $24,888 | |||
| DEXTER US EQUITY TE LLC | P | $177,118 | $177,118 | $177,118 | |||
| ENCHANTED PAINTING BY W. HOMER | D | $7,500,000 | $3,750,000 | $3,750,000 | $3,750,000 | 1998-07-03 | 2017-07-10 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,982,169 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,285,633 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $7,018,110 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.468165 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $3,098,107 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $8,248,359 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.375603 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,665,440 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $10,025,904 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.365597 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,505,702 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,020,349 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.318112 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,441,206 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $9,711,138 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.251382 | DistributionYr5Rt |
| Total Distribution | 1.778859 | TotalDistributionRt |
| Average Distribution | 0.355772 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,598,271 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,703,252 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $40,687 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,743,939 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,589,662 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $40,687 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $40,687 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $40,687 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $82,871 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $82,871 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $42,184 | OverpaymentAmt |
| Applied To ES Tax | $7,200 | AppliedToESTaxAmt |
| Refund | $34,984 | 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 | MA | 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 |
| Individual With Books | DEXTER ENTERPRISES INC | IndividualWithBooksNm |
| Phone | 2078287999 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO MONUMENT SQUARE | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BARBARA ALFOND | ||||||||
| 1 CHESTNUT STREET | WESTON | MA | 02193 | TRUSTEE | 7.50 | $0 | $0 | $0 |
| THEODORE B ALFOND | ||||||||
| 1 CHESTNUT STREET | WESTON | MA | 02193 | TRUSTEE | 10.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,465,824 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,248,157 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,713,981 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,713,981 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $115,710 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,598,271 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $379,914 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $379,914 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $40,687 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $40,687 | TotalTaxAmt |
| Distributable Before Adj | $339,227 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $339,227 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $339,227 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,589,662 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,589,662 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $40,687 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,548,975 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $339,227 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,964,301 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,958,393 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,173,169 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,693,945 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,957,625 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $13,747,433 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,589,662 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $339,227 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,250,435 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $16,997,868 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $1,964,301 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $15,033,567 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,958,393 | ExcessFromYear4Amt |
| Excess From Year3 | $3,173,169 | ExcessFromYear3Amt |
| Excess From Year2 | $2,693,945 | ExcessFromYear2Amt |
| Excess From Year1 | $2,957,625 | ExcessFromYear1Amt |
| Excess From Current Year | $3,250,435 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | THEODORE B ALFOND | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (33 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BELGRADE LAKES ASSOCIATION | ||||||
| PO BOX 551 | BELGRADE LAKES | ME | 04918 | PC | UNRESTRICTED | $500 |
| BOSTON ARTS ACADEMY FOUNDATION | ||||||
| 174 IPSWICH STREET | BOSTON | MA | 02215 | PC | UNRESTRICTED | $1,000 |
| BOSTON SYMPHONY ORCHESTRA | ||||||
| 301 MASSACHUSETTS AVENUE | BOSTON | MA | 02115 | PC | UNRESTRICTED | $4,360 |
| COASTAL MAINE BOTANICAL GARDENS | ||||||
| PO BOX 234 | BOOTHBAY | ME | 04537 | PC | CAPITAL CAMPAIGN | $25,000 |
| FLYING KITES INC | ||||||
| 103 CENTRAL STREET | WELLESLEY | MA | 02482 | PC | UNRESTRICTED | $5,000 |
| FRIENDS OF BELGRADE PUBLIC LIBRARY | ||||||
| PO BOX 474 | BELGRADE | ME | 04917 | PC | ANNUAL FUND | $500 |
| HISTORIC NEW ENGLAND | ||||||
| 141 CAMBRIDGE STREET | BOSTON | MA | 02114 | PC | SPONSORSHIP FOR GILDED GLAMOUR | $6,000 |
| HISTORIC NEW ENGLAND | ||||||
| 141 CAMBRIDGE STREET | BOSTON | MA | 02114 | PC | ANNUAL GIFT | $20,000 |
| HOLDERNESS SCHOOL | ||||||
| PO BOX 1879 | PLYMOUTH | NH | 03264 | PC | HOLDERNESS RECEPTION | $3,415 |
| LAKE REGION COMMUNITY SERVICES | ||||||
| 719 NORTH MAIN STREET | LACONIA | NH | 03246 | PC | UNRESTRICTED | $100 |
| MAINE FARMLAND TRUST | ||||||
| 97 MAIN STREET | BELFAST | ME | 04915 | PC | ANNUAL FUND | $500 |
| MAINE LAKES RESOURCE CENTER | ||||||
| PO BOX 431 | BELGRADE LAKES | ME | 04918 | PC | ANNUAL FUND | $500 |
| MAINE PUBLIC BROADCASTING | ||||||
| 1450 LISBON STREET | LEWISTON | ME | 04240 | PC | ANNUAL FUND | $500 |
| MUSEUM OF FINE ARTS | ||||||
| 465 HUNTINGTON AVENUE | BOSTON | MA | 021155523 | PC | DEBT RELIEF CAMPAIGN: THE FUTURE IS NOW CAMPAIGN | $200,000 |
| MUSEUM OF FINE ARTS | ||||||
| 465 HUNTINGTON AVENUE | BOSTON | MA | 021155523 | PC | DIRECTOR'S CIRCLE | $50,000 |
| MUSEUM OF FINE ARTS | ||||||
| 465 HUNTINGTON AVENUE | BOSTON | MA | 021155523 | PC | UNRESTRICTED | $100 |
| MUSEUM OF FINE ARTS | ||||||
| 465 HUNTINGTON AVENUE | BOSTON | MA | 021155523 | PC | UNRESTRICTED | $100 |
| MUSEUM OF FINE ARTS | ||||||
| 465 HUNTINGTON AVENUE | BOSTON | MA | 021155523 | PC | UNRESTRICTED | $500 |
| NEW ENGLAND BAPTIST HOSPITAL | ||||||
| 125 PARKER HILL AVENUE | BOSTON | MA | 02120 | PC | ALFOND FELLOW FOR FOOT AND ANKLE SURGERY | $120,000 |
| PIONEER INSTITUTE INC | ||||||
| 185 DEVONSHIRE ST STE 1101 | BOSTON | MA | 02110 | PC | ANNUAL GRANT | $500 |
| PIONEER INSTITUTE INC | ||||||
| 185 DEVONSHIRE ST STE 1101 | BOSTON | MA | 02110 | PC | DINNER CHALLENGE 2016 | $1,000 |
| PIONEER INSTITUTE INC | ||||||
| 185 DEVONSHIRE ST STE 1101 | BOSTON | MA | 02110 | PC | DINNER CHALLENGE 2017 | $1,000 |
| PIONEER INSTITUTE INC | ||||||
| 185 DEVONSHIRE ST STE 1101 | BOSTON | MA | 02110 | PC | UNRESTRICTED | $1,000 |
| PRESIDENT AND TRUSTEES OF COLBY COLLEGE | ||||||
| 4000 MAYFLOWER HILL | WATERVILLE | ME | 04901 | PC | BARBARA ALFOND DIRECTOR OF EXHIBITIONS AND PUBLICATIONS ENDOWED FUND | $150,000 |
| PRESIDENT AND TRUSTEES OF COLBY COLLEGE | ||||||
| 4000 MAYFLOWER HILL | WATERVILLE | ME | 04901 | PC | BOARD OF GOVERNORS' ANNUAL FUND | $5,000 |
| PRESIDENT AND TRUSTEES OF COLBY COLLEGE | ||||||
| 4000 MAYFLOWER HILL | WATERVILLE | ME | 04901 | PC | COLBY MUSEUM OF ART | $1,000 |
| ROLLINS COLLEGE | ||||||
| 1000 HOLT AVENUE | WINTER PARK | FL | 327894499 | PC | ALFOND ART COLLECTION | $2,950,000 |
| ROLLINS COLLEGE | ||||||
| 1000 HOLT AVENUE | WINTER PARK | FL | 327894499 | PC | HOLT SCHOOL - STARRY, STARRY NIGHT | $6,000 |
| SMITHSONIAN INSTITUTE | ||||||
| PO BOX 37012 | WASHINGTON | DC | 20013 | PC | UNRESTRICTED | $10,000 |
| THE WILLIAM BREMAN JEWISH HOME | ||||||
| 3150 HOWELL MILL ROAD NW | ATLANTA | GA | 30327 | PC | UNRESTRICTED | $100 |
| TRUSTEES OF TUFTS UNIVERSITY | ||||||
| BALLOU HALL 4TH FLOOR | MEDFORD | MA | 02155 | PC | SCHOOL OF THE MUSEUM OF FINE ARTS AT TUFTS | $1,980 |
| WBUR BOSTON PUBLIC RADIO | ||||||
| 890 COMMONWEALTH AVENUE 3RD FLOOR | BOSTON | MA | 02215 | PC | ANNUAL FUND | $500 |
| YALE UNIVERSITY | ||||||
| PO BOX 2038 | NEW HAVEN | CT | 06521 | PC | DEPARTMENT OF NEUROLOGY | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,566,655 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| MUSEUM OF FINE ARTS | ||||||
| 465 HUNTINGTON AVENUE | BOSTON | MA | 021155523 | PC | DEBT RELIEF CAMPAIGN: THE FUTURE IS NOW CAMPAIGN | $800,000 |
| NEW ENGLAND BAPTIST HOSPITAL | ||||||
| 125 PARKER HILL AVENUE | BOSTON | MA | 02120 | PC | ALFOND FELLOW FOR FOOT AND ANKLE SURGERY | $360,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,160,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $35,210 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $111,658 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,724 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,982,169 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,130,761 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,130,761 | 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 |
|---|---|---|---|---|---|---|---|
| THEODORE ALFOND | |||||||
| 1 | ONE CHESTNUT STREET | WESTON | MA | 02193 | $3,750,000 | Yes (X) | Yes (X) |
| SAMUEL LAWRENCE TRUST & MW LAWRENCE ART TRUST | |||||||
| 2 | ONE CHESTNUT STREET | WESTON | MA | 02193 | $10,233 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | ENCHANTED PAINTING BY W. HOMER ($3,750,000 DONOR TAX BASIS IS THE RECORDED VALUE OF THE DONATION) | NoncashPropertyDesc |
| Fair Market Value | $7,500,000 | FairMarketValueAmt |
| Received | 2017-06-01 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION | CategoryTxt |
| Amt | $6,060 | Amt |
| Net Investment Income | $3,030 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,030 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 617 SHRS BERKSHIRE HATHAWAY-CL B | $59,459 | $122,302 |
| DEXTER US EQUITY TE LLC | $1,755,291 | $2,117,343 |
| DEXTER GLOBAL EQ TE LLC | $5,216,115 | $6,390,917 |
| DEXTER FIXED INCOME TE LLC | $1,239,998 | $1,256,618 |
| BIOGEN INC | $8,621 | $9,557 |
| BIOVERATIV INC | $759 | $809 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $350 | LegalFeesAmt |
| Net Investment Income | $175 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $175 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ANNUAL FILING FEES | $500 | $0 | $500 |
| NON-DEDUCTIBLE EXPENSES FROM PASS-THRUS | $1,698 | $0 | $0 |
| PORTFOLIO DEDUCTIONS FROM PASS-THRUS | $48,679 | $48,679 | $0 |
| BANK CHARGES | $65 | $0 | $65 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENT INCOME FROM PASSTHROUGHS | Desc |
| Revenue And Expenses Per Books | $1,724 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,724 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,724 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DEXTER ENTERPRISES | CategoryTxt |
| Amt | $25,650 | Amt |
| Net Investment Income | $6,413 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $19,237 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $89,000 | $0 | $0 |
| FOREIGN TAXES | $3,799 | $3,799 | $0 |