Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
THE MARY ALICE FORTIN FOUNDATION
 
% DANIELLE H MOORE
Number and street (or P.O. box number if mail is not delivered to street address)201 CHILEAN AVENUESuiteRoom/suite
City or town, state, and ZIP code
PALM BEACH, FL33480
A Employer identification number

59-2469696
B Telephone number (see instructions)

(561) 659-1226
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$136,355,236J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 57,900,425
2 Check bullet
3 Interest on savings and temporary cash investments 325 325  
4 Dividends and interest from securities...... 3,332,392 3,149,650  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,015,353
b Gross sales price for all assets on line 6a 40,221,360
7 Capital gain net income (from Part IV, line 2)... 1,015,353
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 128,697 65,202  
12 Total. Add lines 1 through 11........ 62,377,192 4,230,530  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,110,000 555,000   555,000
14 Other employee salaries and wages...... 8,500 4,250   4,250
15 Pension plans, employee benefits....... 180,000 90,000   90,000
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 20,198 10,099 0 10,099
c Other professional fees (attach schedule).... Click to see attachment 651,477 651,477    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 250,616 188,577   15,540
19 Depreciation (attach schedule) and depletion... Click to see attachment 399,640 399,640  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 16,464 6,541   9,094
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,636,895 1,905,584 0 683,983
25 Contributions, gifts, grants paid........ 2,335,618 2,335,618
26 Total expenses and disbursements. Add lines 24 and 25 4,972,513 1,905,584 0 3,019,601
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 57,404,679
b Net investment income (if negative, enter -0-) 2,324,946
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 2,850,962 3,129,386 3,129,386
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 4,098,470 Click to see attachment5,840,281 5,464,837
b Investments—corporate stock (attach schedule)........ 21,034,962 Click to see attachment68,089,947 85,013,687
c Investments—corporate bonds (attach schedule)........ 8,289,513 Click to see attachment7,160,400 8,397,782
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 18,324,236 Click to see attachment28,021,412 34,126,118
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment282,024 Click to see attachment223,426 Click to see attachment223,426
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 54,880,167 112,464,852 136,355,236
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment10,035 Click to see attachment190,041
23 Total liabilities (add lines 17 through 22).......... 10,035 190,041
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 54,870,132 112,274,811
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see page 17 of the
instructions).................... 54,870,132 112,274,811
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 54,880,167 112,464,852
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 54,870,132
2 Enter amount from Part I, line 27a..................... 2 57,404,679
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 112,274,811
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 112,274,811
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a MERRILL LYNCH 02179 SHORT TERM D    
b MERRILL LYNCH LONG TERM D    
c BP PLC D    
d EXXON MOBIL CORP D    
e ROYAL DUTCH SHELL D    
NTH EURPN OIL TR (ML) D    
MORGAN STANLEY 110944 D    
MORGAN STANLEY 110944 D    
MORGAN STANLEY 110944 D    
MORGAN STANLEY 1172 D    
MORGAN STANLEY 1172 D    
US TRUST 4349 D    
US TRUST 4349 D    
US TRUST 0602 D    
LITIGATION SETTLEMENT US TRUST 0602 D    
JP MORGAN 73035003 D    
JP MORGAN 73035003 D    
JP MORGAN 73035003 D    
JP MORGAN 82644001 D    
JP MORGAN 82644001 D    
JP MORGAN 82405007 D    
JP MORGAN 82405007 D    
JP MORGAN 82646006 D    
JP MORGAN 82646006      
JP MORGAN 34106000 D    
JP MORGAN 34106000 D    
DEUTSCHE 2469696 D    
DEUTSCHE 2469696 D    
ADJUSTMENT TO DEUTSCHE COST D    
GLICKENHAUS 658 D    
JPM 73030004 D    
JPM 78700007 D    
CYPRESS INVESTMENT BOND FUND P    
JPM 73030004      
JPM 73030004      
JPM 78700007      
JPM 78700007      
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 131,986   107,680 24,306
b 1,171,759   1,371,510 -199,751
c 202,886   297,475 -94,589
d 197,336   161,759 35,577
e 26   0 26
309,303   399,410 -90,107
981,590   996,146 -14,556
3,029,706   2,920,956 108,750
1,000,678   1,061,639 -60,961
11,544,590   11,140,083 404,507
265,491   250,298 15,193
3,242,270   3,353,505 -111,235
760,870   586,126 174,744
1,783,217   2,332,908 -549,691
3,062     3,062
683,265   566,600 116,665
509,466   517,816 -8,350
782,676   527,405 255,271
14,463   14,680 -217
30,218   30,800 -582
8,112   11,134 -3,022
121,565   56,698 64,867
120,171   103,075 17,096
243,257   130,401 112,856
3,012,579   2,992,614 19,965
4,544,796   4,454,902 89,894
360,626   347,451 13,175
44,309   42,688 1,621
5,608   0 5,608
3,879,090   3,263,636 615,454
75,492   78,532 -3,040
290,624   303,766 -13,142
11,928     11,928
149,152   167,300 -18,148
477,576   383,767 93,809
38,443   52,050 -13,607
153,773   181,197 -27,424
      39,401
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       24,306
b       -199,751
c       -94,589
d       35,577
e       26
      -90,107
      -14,556
      108,750
      -60,961
      404,507
      15,193
      -111,235
      174,744
      -549,691
      3,062
      116,665
      -8,350
      255,271
      -217
      -582
      -3,022
      64,867
      17,096
      112,856
      19,965
      89,894
      13,175
      1,621
      5,608
      615,454
      -3,040
      -13,142
      11,928
      -18,148
      93,809
      -13,607
      -27,424
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,015,353
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 3,232,132 52,887,937 0.061113
2010 788,320 13,456,352 0.058583
2009 557,175 5,036,906 0.110619
2008 476,505 7,289,589 0.065368
2007 777,836 8,172,543 0.095177
2 Total of line 1, column (d) ...................... 2 0.39086
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.078172
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 87,464,236
5 Multiply line 4 by line 3....................... 5 6,837,254
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 23,249
7 Add lines 5 and 6......................... 7 6,860,503
8 Enter qualifying distributions from Part XII, line 4.............. 8 3,019,601
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 46,499
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 46,499
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 46,499
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 62,514
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 62,514
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 16,015
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet16,015 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.Click to see list of attachments
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletDANIELLE H MOORE Telephone no.bullet (561) 835-0103
    Located atbullet201 CHILEAN AVEPALM BEACHFL ZIP+4bullet33480
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    DANIELLE HICKOX MOORE PRES/TREAS
    21.0     		395,000 50,000  
    277 PENDLETON AVENUE
    PALM BEACH,FL33480
    LESLY S SMITH DIRECTOR
    21.0     		320,000 50,000  
    300 CHAPEL HILL ROAD
    PALM BEACH,FL33480
    SUSAN STOCKARD CHANNING DIRECTOR
    10.0     		245,000 50,000  
    201 CHILEAN AVENUE
    PALM BEACH,FL33480
    NICK R CLADIS DIRECTOR
    10.0     		20,000 0  
    1931 MULBERRY DRIVE
    BILLINGS,MT59102
    LARRY ALEXANDER DIRECTOR
    18.0     		75,000 30,000  
    215 GARDEN RD
    PALM BEACH,FL33480
    MARY ALICE PLISCO DIRECTOR
    21.0     		20,000 0  
    3482 LANTERN BAY DR
    JUPITER,FL33477
    CAROL MCCRACKEN SECRETARY
    18.0     		20,000 0  
    245 BARTON AVE
    PALM BEACH,FL33480
    KELLY P MOORE DIRECTOR
    10.0     		15,000 0  
    277 PENDLETON AVE
    PALM BEACH,FL33480
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    MORGAN STANLEY MGT OF INVESTMENTS 270,991
    399 PARK AVENUE 12TH FLOOR
    NEW YORK,NY10022
    GLICKENHAUS & CO MGT OF INVESTMENTS 151,912
    546 FIFTH AVENUE
    NEW YORK,NY10036
    JP MORGAN CHASE BANK MGT OF INVESTMENTS 151,877
    205 ROYAL PALM WAY
    PALM BEACH,FL33480
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    86,059,855
    b
    Average of monthly cash balances.......................
    1b
    2,736,324
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    88,796,179
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    88,796,179
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,331,943
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    87,464,236
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,373,212
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    4,373,212
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    46,499
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    46,499
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,326,713
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,326,713
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    4,326,713
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    3,019,601
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,019,601
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,019,601
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 4,326,713
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:2010, 2009, 2008  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 202,859
    b From 2008....... 116,536
    c From 2009....... 306,461
    d From 2010....... 119,992
    e From 2011....... 625,072
    fTotal of lines 3a through e......... 1,370,920
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 3,019,601
    a Applied to 2011, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 3,019,601
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2012. 1,307,112 1,307,112
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 63,808
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		63,808
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011.... 63,808
    e Excess from 2012....  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NA
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SEE SCHEDULE ATTACHED
    SEE SCHEDULE ATTACHED
    SEE SCHEDULE ATTACHED,FL33480     		NONE PUBLIC GENERAL SUPPORT FOR PROGRAMS 2,335,618
    Total .................................bullet 3a 2,335,618
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 325  
    4 Dividends and interest from securities....     14 3,332,392  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 1,015,353  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aCYPRESS INVESTMENT     41 52,869  
    bCASH LIQUIDATION DISTRIBUTION - US TRUST     41 1,299  
    cTHRU JP MORGAN - ORDINARY INCOME     41 4,387  
    dREAL ESTATE OPPORTUNITY CAPITAL FD II-B     41 27,270  
    eMISCELLANEOUS INCOME     41 18,630  
    fENTERPRISE PRODUCTS PARTNERS (PTP) 900099 -9,481 41 6,992  
    gPOWERSHARES DB COMMODITY (PTP)     41 1,636  
    hPIONEER SOUTHWEST ENERGY PARTNERS (PTP) 900099 -11,151 41 0  
    iTHE BLACKSTONE GROUP (PTP) 900099 7 41 910  
    jPOWERSHARES DB COMMODITY (PTP)     41 -62  
    kCUTLER CONVERTIBLE ABSOLUTE RETURN FD     41 18,641  
    lCUTLER INVESTMENT FUND 900099 4,840 41 49,576  
    mNADG US CORE PLUS ACQUISITION FUND     41 -31,128  
    nALPHAKEYS KKR FUND XI     41 -6,538  
    12 Subtotal. Add columns (b), (d), and (e).. -15,785 4,492,552  
    13Total. Add line 12, columns (b), (d), and (e)..................
    134,476,767
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2012
    Name of the organization
    THE MARY ALICE FORTIN FOUNDATION
     
    Employer identification number

    59-2469696
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 2
    Name of organization
    THE MARY ALICE FORTIN FOUNDATION
          		Employer identification number

    59-2469696
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    MARY ALICE FORTIN IRREVOCABLE TRUST    
    201 CHILEAN AVENUE
       
    PALM BEACH, FL   33480

    		$8,846,603


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    MARY ALICE FORTIN IRREVOCABLE TRUST    
    201 CHILEAN AVENUE
       
    PALM BEACH, FL   33480

    		$49,053,822


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 3
    Name of organization
    THE MARY ALICE FORTIN FOUNDATION
          		Employer identification number

    59-2469696
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    2
    		 SECURITIES   $49,053,822  
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 4
    Name of organization
    THE MARY ALICE FORTIN FOUNDATION
          		Employer identification number

    59-2469696
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2012 AccountingFeesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PRICEWATERHOUSECOOPERS LLP 20,198 10,099   10,099

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 DepreciationSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GENERAL ELEC CAP CORP MED TERM 99,976 102,685
    JP MORGAN 34106000 6,680,090 7,907,788
    DEUTSCHE 380,334 387,309

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Name of Stock End of Year Book Value End of Year Fair Market Value
    US TRUST #0602 9,116,187 14,376,000
    MORGAN STANLEY #1172 0 0
    US TRUST #4349 5,605,218 6,066,685
    DEUTSCHE 1,283,600 1,370,152
    GLICKENHAUS 0 0
    JP MORGAN 3030004 3,211,560 3,708,748
    JP MORGAN 3035003 7,537,258 9,056,628
    JP MORGAN 78700007 6,325,599 9,385,966
    JP MORGAN 78704009 5,993,888 7,893,016
    JP MORGAN 82405007 5,044,995 5,858,946
    JP MORGAN 82644001 4,829,746 5,391,275
    JP MORGAN 8264606 7,638,689 9,951,838
    MORGAN STANLEY 110944 9,419,553 9,820,962
    MERRILL LYNCH 2,083,654 2,133,471

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    US Government Securities - End of Year Book Value:

    5,840,281
    US Government Securities - End of Year Fair Market Value:

    5,464,837
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2012 InvestmentsOtherSchedule2
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CYPRESS INVESTMENT AT COST 0 0
    MARINER ATLANTIC AT COST 10,975,397 13,238,681
    PAN-MULTI STRATEGY AT COST 2,322,879 2,238,983
    AIP CUSTOM HEDGE FUND SOLUTION AT COST 6,722,731 10,516,750
    ALPHAKEY KKR FUND AT COST 103,462 100,000
    O'CONNOR GLOBAL MULTI STRAT FD AT COST 1,010,000 1,030,858
    UBS MILLENNIUM FD AT COST 505,000 501,541
    REAL ESTATE OPPOR CAP FUND II AT COST 986,478 959,208
    NADG US CORE PLUS ACQU FD AT COST 308,872 308,872
    NADG US CORE PLUS SYNDIC COSTS AT COST 60,000 60,000
    CUTLER CONVERT ABSOL RET FUND AT COST 2,066,667 2,066,667
    CUTLER INVESTMENT FUND AT COST 2,054,416 2,054,416
    STARWOOD PPTY REIT - US TRUST AT COST 231,939 263,200
    ALTERNATIVE INVEST - JPM DMV AT COST 195,354 249,409
    ALTERNATIVE INVEST - JPM STRAT AT COST 384,861 444,496
    ALTERNATIVE INVEST - JPM BRAND AT COST 93,356 93,037

    TY 2012 LandEtcSchedule2
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2012 OtherAssetsSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDEND&INTEREST RECEIVABLE 221,788 32,028 32,028
    DUE FROM FORTIN FOUNDATION-PR 30,222 169,887 169,887
    PREPAID FEDERAL INCOME TAX 30,014 20,015 20,015
    PREPAID STATE INCOME TAX 0 1,000 1,000
    PAYROLL TAX RECEIVABLE 0 496 496


    TY 2012 OtherExpensesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 258     258
    D & O INSURANCE 11,994 5,997   5,997
    FL COPR FEE 123 62   61
    PENSION EXPENSE 950 475   475
    BANK CHARGES 14 7   7
    POSTAGE 1,467     1,467
    MEALS & ENTERTAINMENT 1,658     829


    TY 2012 OtherIncomeSchedule2
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CYPRESS INVESTMENT BOND FUND 52,869 -7,490  
    LIQUIDATION DISTRIBUTION - US TRUST 0602 1,299 1,299  
    MISCELLANEOUS INCOME 4,874 4,874  
    POWERSHARES DB - JPM STRATEGIC -62 -62  
    JP MORGAN 73035003 - MISC INCOME 4,387 4,387  
    ENTERPRISE PRODUCTS PARTNERS (PTP) -2,489 7,019  
    POWERSHARES DB COMMODITY (PTP) 1,636 1,636  
    PIONEER SOUTHWEST ENERGY PARTNERS (PTP) -11,151 0  
    CUTLER INVESTMENT FUND, L.P 54,416 24,337  
    THE BLACKSTONE GROUP L.P. (PTP) 917 910  
    CUTLER CONVERT ABSOLUTE RETURN FUND, L.P 18,641 73,379  
    ALPHAKEYS KKR FUND XI -6,538 -5,356  
    REAL ESTATE OPPORTUNITY CAPITAL FUND 27,270 -31,841  
    NADG US CORE PLUS ACQUISITION FUND -31,128 -21,646  
    OTHER INCOME 13,756 13,756  


    TY 2012 OtherLiabilitiesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAX PAYABLE 35 41
    DUE TO FORTIN FOUNDATION 10,000 10,000
    PROFIT SHARING PLAN PAYABLE 0 180,000


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES - MS 110944 47,599 47,599    
    CHFS FEES - MS 110944 43,830 43,830    
    INVESTMENT FEES - ML 02179 6,500 6,500    
    ADR FEES - ML 02179 48 48    
    INVESTMENT FEES - MS 1172 46,168 46,168    
    CHFS FEES - MS 1172 133,394 133,394    
    INVESTMENT FEES - UST 4349 42,644 42,644    
    ADR FEES - UST 4349 50 50    
    SPDR GOLD FEES - UST 4349 2,039 2,039    
    SPDR GOLD FEES - 0602 5,737 5,737    
    INVESTMENT FEES - JPM 73035003 3,552 3,552    
    INVESTMENT FEES - JPM 34106000 6,404 6,404    
    INVESTMENT FEES - DEUTSCHE 19,679 19,679    
    INVESTMENT FEES - JPM 30300004 9,282 9,282    
    INVESTMENT FEES - JPM 78700007 22,787 22,787    
    INVESTMENT FEES - JPM 78704009 20,091 20,091    
    INVESTMENT FEES - GLICKENHAUS 151,912 151,912    
    INVESTMENT FEES - BRANDYWINE 44,709 44,709    
    INVESTMENT FEES - HILLSWICK 45,052 45,052    


    TY 2012 TaxesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN: 59-2469696
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES - US TRUST 4349 3,140 3,140    
    FOREIGN TAXES - US TRUST 0602 1,453 1,453    
    FOREIGN TAXES - JPM 73035003 253 253    
    FOREIGN TAXES - GLICKENHAUS 687 687    
    FOREIGN TAXES - DEUTSCHE 737 737    
    FEDERAL TAX 46,499      
    FOREIGN TAXES - ML 02179 311 311    
    FOREIGN TAXES - MS 110944 2,817 2,817    
    FOREIGN TAXES - MS 1172 298 298    
    PAYROLL TAXES 31,080 15,540   15,540
    FOREIGN TAX - ESTATE OF MAF 95,857 95,857    
    FOREIGN TAX - MAF IRREV TRUST 66,794 66,794    
    FOREIGN TAX - JPM 78700007 498 498    
    FOREIGN TAX - JPM 78704009 175 175    
    FOREIGN TAX - JPM 3030004 17 17