Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
THE ALDERMERE FOUNDATION CO SPINNAKER TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)123 FREE STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, ME04101
A Employer identification number

01-6059906
B Telephone number (see instructions)

(207) 553-7160
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E 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$5,817,299J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 166,327 166,327 166,327
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 256,146
b Gross sales price for all assets on line 6a 3,545,923
7 Capital gain net income (from Part IV, line 2)... 256,146
8 Net short-term capital gain......... 2,520
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).......      
12 Total. Add lines 1 through 11........ 422,473 422,473 168,847
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 31,194 26,995 26,995 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 812 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 52 0 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 32,058 26,995 26,995 0
25 Contributions, gifts, grants paid........ 279,219 279,219
26 Total expenses and disbursements. Add lines 24 and 25 311,277 26,995 26,995 279,219
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 111,196
b Net investment income (if negative, enter -0-) 395,478
c Adjusted net income (if negative, enter -0-)... 141,852
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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.......... 242,367 172,527 172,527
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 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)      
b Investments—corporate stock (attach schedule)........ 3,609,999 Click to see attachment3,882,081 5,057,374
c Investments—corporate bonds (attach schedule)........ 680,135 Click to see attachment579,708 587,398
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,532,501 4,634,316 5,817,299
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)    
23 Total liabilities (add lines 17 through 22).......... 0 0
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......... 4,532,501 4,634,316
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see page 17 of the
instructions).................... 4,532,501 4,634,316
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,532,501 4,634,316
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 4,532,501
2 Enter amount from Part I, line 27a..................... 2 111,196
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 1,500
4 Add lines 1, 2, and 3.......................... 4 4,645,197
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 10,881
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,634,316
Form 990-PF (2013)
Form 990-PF (2013)
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 CHEVRON CORPORATION P 1993-01-01 2013-10-31
b CVS/CAREMARK CORP P 2011-11-23 2013-10-31
c ENCANA CORP P 2009-02-06 2013-03-04
d ENCANA CORP P 2011-09-22 2013-03-04
e ENCANA CORP P 2011-11-23 2013-03-04
ENCANA CORP P 2009-02-06 2013-03-04
ENCANA CORP P 2010-10-26 2013-03-04
ENCANA CORP P 2011-09-22 2013-03-04
ENCANA CORP P 2011-11-23 2013-03-04
GENERAL MILLS INC P 2011-11-30 2013-11-12
GENERAL MILLS INC P 2011-11-30 2013-11-12
HEALTH CARE REIT INC P 2011-11-29 2013-08-06
HEALTH CARE REIT INC P 2011-11-29 2013-08-06
HEINZ H J CO P 2011-11-30 2013-04-10
HEINZ H J CO P 2011-11-30 2013-04-10
JOHNSON & JOHNSON P 2011-11-23 2013-11-22
JOHNSON & JOHNSON P 2011-11-23 2013-11-22
LORILLARD INC P 2011-11-30 2013-11-12
LORILLARD INC P 2011-11-30 2013-11-12
MCDONALDS CORP P 2011-11-30 2013-01-09
MCDONALDS CORP P 2011-11-30 2013-01-09
PHILLIPS 66 P 2011-11-28 2013-01-14
PHILLIPS 66 P 2011-11-28 2013-01-14
REYNOLDS AMERICAN INC P 2011-11-30 2013-11-12
REYNOLDS AMERICAN INC P 2011-11-30 2013-11-12
TORTOISE ENERGY INFRASTRUCTURE CORP. P 2011-11-30 2013-06-04
TORTOISE ENERGY INFRASTRUCTURE CORP. P 2011-11-30 2013-06-06
TORTOISE ENERGY INFRASTRUCTURE CORP. P 2011-11-30 2013-06-05
TORTOISE ENERGY INFRASTRUCTURE CORP. P 2011-11-30 2013-06-04
TORTOISE ENERGY INFRASTRUCTURE CORP. P 2011-11-30 2013-06-05
TORTOISE ENERGY INFRASTRUCTURE CORP. P 2011-11-30 2013-06-06
UNITED PARCEL SERVICE INC CL B P 2011-12-01 2013-02-12
UNITED PARCEL SERVICE INC CL B P 2011-12-01 2013-02-12
WAL MART STORES INC P 2009-10-15 2013-01-25
WAL MART STORES INC P 2011-11-30 2013-01-25
WAL MART STORES INC P 2009-10-15 2013-01-25
WAL MART STORES INC P 2011-11-30 2013-01-25
WASTE MANAGEMENT INC P 2011-11-30 2013-01-28
WASTE MANAGEMENT INC P 2011-11-30 2013-01-28
ALERIAN MLP ETF P 2013-05-01 2013-09-06
APPLE COMPUTER INC P 2012-11-07 2013-04-17
APPLE COMPUTER INC P 2012-11-15 2013-04-17
APPLE COMPUTER INC P 2012-12-14 2013-04-17
APPLE COMPUTER INC P 2012-11-07 2013-04-17
APPLE COMPUTER INC P 2012-11-15 2013-04-17
APPLE COMPUTER INC P 2013-02-01 2013-04-17
CELGENE CORP P 2013-03-06 2013-11-22
CELGENE CORP P 2013-05-01 2013-11-22
CELGENE CORP P 2013-03-06 2013-11-22
CELGENE CORP P 2013-05-01 2013-11-22
CHEVRON CORPORATION P 2013-05-01 2013-10-31
CHICAGO BRIDGE & IRON COMPANY N.V. P 2013-03-11 2013-10-31
CHICAGO BRIDGE & IRON COMPANY N.V. P 2013-04-16 2013-12-18
CHICAGO BRIDGE & IRON COMPANY N.V. P 2013-04-23 2013-12-18
CHICAGO BRIDGE & IRON COMPANY N.V. P 2013-05-01 2013-12-18
CHICAGO BRIDGE & IRON COMPANY N.V. P 2013-05-01 2013-10-31
CHICAGO BRIDGE & IRON COMPANY N.V. P 2013-03-11 2013-12-18
CHICAGO BRIDGE & IRON COMPANY N.V. P 2013-03-11 2013-09-06
CVS/CAREMARK CORP P 2013-02-04 2013-10-31
CVS/CAREMARK CORP P 2013-05-01 2013-10-31
DU PONT (E I) DE NEMOURS AND COMPANY P 2012-10-31 2013-10-31
DU PONT (E I) DE NEMOURS AND COMPANY P 2013-05-01 2013-10-31
ENCANA CORP P 2013-01-17 2013-03-04
ENCANA CORP P 2013-01-17 2013-03-04
FINANCIAL SELECT SECTOR SPDR P 2013-08-06 2013-10-08
FINANCIAL SELECT SECTOR SPDR P 2013-08-06 2013-12-03
FINANCIAL SELECT SECTOR SPDR P 2013-08-06 2013-12-03
FINANCIAL SELECT SECTOR SPDR P 2013-08-06 2013-10-08
FREEPORT-MCMORAN COPPER & GOLD INC - CL B P 2013-01-28 2013-04-17
FREEPORT-MCMORAN COPPER & GOLD INC - CL B P 2013-01-31 2013-04-17
FREEPORT-MCMORAN COPPER & GOLD INC - CL B P 2013-01-28 2013-04-17
FREEPORT-MCMORAN COPPER & GOLD INC - CL B P 2013-01-31 2013-04-17
GENERAL MILLS INC P 2013-05-01 2013-11-12
GENERAL MILLS INC P 2013-05-01 2013-11-12
GILEAD SCIENCES INC P 2013-03-06 2013-11-22
GILEAD SCIENCES INC P 2013-05-01 2013-11-22
GILEAD SCIENCES INC P 2013-03-06 2013-11-22
GILEAD SCIENCES INC P 2013-05-01 2013-11-22
GUGGENHEIM BULLETSHARES 2013 P 2013-06-25 2013-07-30
GUGGENHEIM BULLETSHARES 2013 P 2013-06-25 2013-07-24
HEALTH CARE REIT INC P 2013-05-01 2013-08-06
HEALTH CARE REIT INC P 2013-05-01 2013-08-06
ISHARES BARCLAYS 1-3 YEAR CREDIT BOND P 2012-09-10 2013-05-01
ISHARES BARCLAYS 1-3 YEAR CREDIT BOND P 2012-09-10 2013-08-01
ISHARES BARCLAYS 1-3 YEAR CREDIT BOND P 2012-11-27 2013-08-01
ISHARES BARCLAYS 1-3 YEAR CREDIT BOND P 2013-01-17 2013-05-01
ISHARES BARCLAYS 1-3 YEAR CREDIT BOND P 2013-06-04 2013-08-01
ISHARES BARCLAYS 1-3 YEAR CREDIT BOND P 2012-09-10 2013-07-24
ISHARES BARCLAYS 1-3 YEAR CREDIT BOND P 2012-09-10 2013-05-01
ISHARES BARCLAYS 1-3 YEAR CREDIT BOND P 2013-01-17 2013-05-01
ISHARES BARCLAYS 1-3 YEAR CREDIT BOND P 2013-06-04 2013-07-24
ISHARES IBOXX $ HIGH YIELD CORP BOND FUND P 2012-09-10 2013-05-01
ISHARES IBOXX $ HIGH YIELD CORP BOND FUND P 2012-09-10 2013-08-01
ISHARES IBOXX $ HIGH YIELD CORP BOND FUND P 2012-09-10 2013-07-24
ISHARES IBOXX $ HIGH YIELD CORP BOND FUND P 2012-09-10 2013-05-01
JOHNSON & JOHNSON P 2013-05-01 2013-11-22
JOHNSON & JOHNSON P 2013-01-24 2013-11-22
JOHNSON & JOHNSON P 2013-05-01 2013-11-22
LORILLARD INC P 2013-05-01 2013-11-12
LORILLARD INC P 2013-05-01 2013-11-12
MICROSOFT CORP P 2012-07-17 2013-05-10
MICROSOFT CORP P 2013-05-01 2013-05-10
MICROSOFT CORP P 2013-05-13 2013-10-31
MICROSOFT CORP P 2012-07-17 2013-05-10
MICROSOFT CORP P 2013-05-01 2013-05-10
PIMCO TOTAL RETURN ETF P 2012-09-10 2013-05-01
PIMCO TOTAL RETURN ETF P 2013-01-17 2013-05-01
PIMCO TOTAL RETURN ETF P 2012-09-10 2013-05-01
PIMCO TOTAL RETURN ETF P 2013-01-17 2013-05-01
POWERSHARES IN NATL MUN B PT P 2012-09-10 2013-01-17
POWERSHARES IN NATL MUN B PT P 2012-09-19 2013-01-17
POWERSHARES IN NATL MUN B PT P 2012-09-10 2013-01-17
POWERSHARES IN NATL MUN B PT P 2012-09-19 2013-01-17
REYNOLDS AMERICAN INC P 2013-05-01 2013-11-12
REYNOLDS AMERICAN INC P 2013-05-01 2013-11-12
SPDR TR UNIT SER 1 P 2013-04-17 2013-04-26
SPDR TR UNIT SER 1 P 2013-04-17 2013-04-23
SPDR TR UNIT SER 1 P 2013-04-17 2013-04-24
SPDR TR UNIT SER 1 P 2013-04-17 2013-04-25
SPDR TR UNIT SER 1 P 2013-04-17 2013-04-24
SPDR TR UNIT SER 1 P 2013-04-17 2013-04-23
SPDR TR UNIT SER 1 P 2013-04-17 2013-04-26
TORTOISE ENERGY INFRASTRUCTURE CORP. P 2013-05-01 2013-06-04
TORTOISE ENERGY INFRASTRUCTURE CORP. P 2013-05-01 2013-06-04
VANGUARD INTERMEDIATE-TERM C P 2012-09-10 2013-06-04
VANGUARD INTERMEDIATE-TERM C P 2012-09-10 2013-08-01
VANGUARD INTERMEDIATE-TERM C P 2012-09-10 2013-05-01
VANGUARD INTERMEDIATE-TERM C P 2012-09-19 2013-05-01
VANGUARD INTERMEDIATE-TERM C P 2012-11-27 2013-05-01
VANGUARD INTERMEDIATE-TERM C P 2012-09-10 2013-05-01
VANGUARD INTERMEDIATE-TERM C P 2012-09-10 2013-07-24
VANGUARD INTERMEDIATE-TERM C P 2012-09-10 2013-06-04
VANGUARD INTERMEDIATE-TERM C P 2012-09-19 2013-05-01
WASTE MANAGEMENT INC P 2012-10-01 2013-01-28
WASTE MANAGEMENT INC P 2012-10-01 2013-01-28
WELLS FARGO & CO P 2013-01-16 2013-10-31
WELLS FARGO & CO P 2013-04-24 2013-10-31
WELLS FARGO & CO P 2013-05-01 2013-10-31
WELLS FARGO & CO P 2013-05-01 2013-09-06
WISDOM TREE EMERG MKTS DEBT P 2012-10-19 2013-05-01
WISDOM TREE EMERG MKTS DEBT P 2012-10-19 2013-06-25
WISDOM TREE EMERG MKTS DEBT P 2012-10-19 2013-06-25
WISDOM TREE EMERG MKTS DEBT P 2012-10-19 2013-05-01
WASTE MANAGEMENT CALL INC NE $35.00 07/20/13 P 2012-12-05 2013-01-28
WASTE MANAGEMENT CALL INC NE $35.00 07/20/13 P 2012-12-05 2013-01-28
MICROSOFT CORP CALL $29.000 05/17/13 P 2013-02-22 2013-05-13
MICROSOFT CORP CALL $29.000 05/17/13 P 2013-02-22 2013-05-13
BAXTER INTL INC CALL $72.500 05/18/13 P 2013-01-18 2013-05-17
BAXTER INTL INC CALL $72.500 05/18/13 P 2013-01-18 2013-05-17
CAPITAL GAINS 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 8,414   672 7,742
b 1,560   934 626
c 7,345   9,787 -2,442
d 12,766   14,744 -1,978
e 14,428   14,982 -554
16,876   22,487 -5,611
6,296   9,940 -3,644
21,860   25,247 -3,387
33,227   34,504 -1,277
47,603   37,833 9,770
106,480   84,626 21,854
49,080   36,592 12,488
110,825   82,627 28,198
50,997   36,861 14,136
117,185   84,703 32,482
7,139   4,677 2,462
1,904   1,247 657
50,356   35,916 14,440
120,080   85,647 34,433
36,331   38,116 -1,785
79,474   83,379 -3,905
13,837   18,503 -4,666
31,447   42,051 -10,604
46,262   37,172 9,090
105,374   84,668 20,706
18,061   16,317 1,744
14,437   13,393 1,044
6,391   5,847 544
41,632   37,612 4,020
15,416   14,105 1,311
34,751   32,239 2,512
43,243   37,340 5,903
96,782   83,570 13,212
34,649   25,268 9,381
10,395   8,850 1,545
80,732   58,875 21,857
20,789   17,700 3,089
43,059   37,466 5,593
96,882   84,299 12,583
15,005   15,486 -481
16,482   22,397 -5,915
6,181   7,920 -1,739
6,181   7,642 -1,461
37,085   50,394 -13,309
12,362   15,841 -3,479
56,040   61,205 -5,165
11,043   7,512 3,531
4,060   2,940 1,120
18,025   12,263 5,762
12,179   8,819 3,360
6,611   6,671 -60
18,680   14,247 4,433
2,581   1,728 853
3,911   2,620 1,291
2,346   1,581 765
6,725   4,743 1,982
62,571   45,590 16,981
5,070   4,844 226
3,432   2,809 623
6,864   6,480 384
8,622   6,257 2,365
7,390   6,522 868
10,493   11,684 -1,191
24,116   26,855 -2,739
25,924   27,266 -1,342
28,154   27,266 888
64,840   62,795 2,045
59,703   62,795 -3,092
22,104   27,125 -5,021
21,172   26,516 -5,344
47,341   58,095 -10,754
47,341   59,289 -11,948
6,264   6,327 -63
17,287   17,463 -176
14,812   9,035 5,777
4,814   3,257 1,557
30,069   18,341 11,728
12,591   8,519 4,072
8,137   8,210 -73
21,885   22,081 -196
5,383   6,405 -1,022
14,566   17,331 -2,765
27,956   27,960 -4
9,454   9,496 -42
3,151   3,163 -12
10,022   10,042 -20
9,769   9,810 -41
38,919   39,144 -225
57,388   57,397 -9
25,424   25,474 -50
13,218   13,292 -74
6,190   6,013 177
4,148   4,163 -15
10,222   10,175 47
15,238   14,800 438
7,139   6,358 781
26,177   20,100 6,077
19,514   17,380 2,134
7,747   6,438 1,309
20,917   17,381 3,536
6,029   6,031 -2
5,735   6,395 -660
9,078   8,373 705
8,087   8,091 -4
15,440   17,216 -1,776
23,616   22,946 670
10,200   10,059 141
56,767   55,158 1,609
25,834   25,476 358
15,122   15,016 106
5,041   4,971 70
38,386   38,119 267
12,666   12,490 176
6,939   6,469 470
18,762   17,491 1,271
19,126   18,700 426
9,628   9,427 201
2,843   2,782 61
4,763   4,636 127
4,896   4,791 105
27,148   26,582 566
110,963   108,491 2,472
6,341   6,471 -130
17,055   17,405 -350
9,841   10,002 -161
9,564   10,002 -438
20,435   20,003 432
10,217   10,077 140
1,777   1,768 9
63,969   62,618 1,351
22,839   23,743 -904
23,276   23,656 -380
5,775   5,696 79
12,092   10,712 1,380
22,678   20,089 2,589
3,438   2,815 623
3,223   2,792 431
7,306   6,421 885
4,994   4,532 462
14,729   14,519 210
8,193   9,186 -993
22,037   24,708 -2,671
35,618   35,108 510
      -1,249
      -2,749
      -4,499
      -10,036
      1,068
      2,269
57     57
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       7,742
b       626
c       -2,442
d       -1,978
e       -554
      -5,611
      -3,644
      -3,387
      -1,277
      9,770
      21,854
      12,488
      28,198
      14,136
      32,482
      2,462
      657
      14,440
      34,433
      -1,785
      -3,905
      -4,666
      -10,604
      9,090
      20,706
      1,744
      1,044
      544
      4,020
      1,311
      2,512
      5,903
      13,212
      9,381
      1,545
      21,857
      3,089
      5,593
      12,583
      -481
      -5,915
      -1,739
      -1,461
      -13,309
      -3,479
      -5,165
      3,531
      1,120
      5,762
      3,360
      -60
      4,433
      853
      1,291
      765
      1,982
      16,981
      226
      623
      384
      2,365
      868
      -1,191
      -2,739
      -1,342
      888
      2,045
      -3,092
      -5,021
      -5,344
      -10,754
      -11,948
      -63
      -176
      5,777
      1,557
      11,728
      4,072
      -73
      -196
      -1,022
      -2,765
      -4
      -42
      -12
      -20
      -41
      -225
      -9
      -50
      -74
      177
      -15
      47
      438
      781
      6,077
      2,134
      1,309
      3,536
      -2
      -660
      705
      -4
      -1,776
      670
      141
      1,609
      358
      106
      70
      267
      176
      470
      1,271
      426
      201
      61
      127
      105
      566
      2,472
      -130
      -350
      -161
      -438
      432
      140
      9
      1,351
      -904
      -380
      79
      1,380
      2,589
      623
      431
      885
      462
      210
      -993
      -2,671
      510
      -1,249
      -2,749
      -4,499
      -10,036
      1,068
      2,269
      57
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 2 256,146
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 2,520
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))
2012 244,413 5,054,994 0.048351
2011 228,301 4,949,054 0.046130
2010 251,994 4,671,195 0.053946
2009 236,684 5,304,637 0.044618
2008 208,453 5,004,601 0.041652
2 Total of line 1, column (d) ...................... 2 0.234697
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 0.046939
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 5,485,986
5 Multiply line 4 by line 3....................... 5 257,507
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,955
7 Add lines 5 and 6......................... 7 261,462
8 Enter qualifying distributions from Part XII, line 4.............. 8 279,219
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 (2013)
Form 990-PF (2013)
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 3,955
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 0
3 Add lines 1 and 2............................ 3 3,955
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,955
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 2,379
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 3,800
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,179
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 5
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 2,219
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet2,219 RefundedBullet 11 0
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? ....................
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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.
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
     
    No
    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)
    bulletME
    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 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    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 addressbulletN/A
    14
    The books are in care ofbulletSPINNAKER TRUST Telephone no.bullet (207) 553-7160
    Located atbullet123 FREE STREETPORTLANDME ZIP+4bullet04101
    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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    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 (2013)
    Form 990-PF (2013)
    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 2013?.............
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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
     
     
    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 2013 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 2013.)....................
    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 2013?
    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
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    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
    SPINNAKER TRUST TRUSTEE
    0.48     		31,194 0 0
    123 FREE STREET
    PORTLAND,ME04101
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    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 MAINE COAST HERITAGE TRUST: CONSERVES AND STEWARDS MAINE'S COASTAL LANDS AND ISLANDS FOR THEIR RENOWNED SCENIC BEAUTY, OUTDOOR RECREATIONAL OPPORTUNITIES, ECOLOGICAL DIVERSITY AND WORKING LANDSCAPES. MCHT PROMOTES THE CONSERVATION OF NATURAL PLACES STATEWIDE BY WORKING WITH LAND TRUSTS, COMMUNITIES AND OTHER PARTNERS. CONTRIBUTIONS TO THIS ORGANIZATION SUPPORT THE GENERAL MISSION. 192,719
    2 COASTAL MOUNTAINS LAND TRUST: PERMANENTLY CONSERVES LAND TO BENEFIT THE NATURAL AND HUMAN COMMUNITIES OF WESTERN PENOBSCOT BAY, BY WORKING PROACTIVELY AND COOPERATIVELY WITH LAND OWNERS TO ESTABLISH A SYSTEM OF CONSERVATION LANDS THAT FEATURE HABITAT SUPPORTING BIOLOGICAL DIVERSITY, WATER RESOURCES, INCLUDING RIVERS, LAKES, WETLANDS, AQUIFERS, AND THE BAY, FARMS AND FORESTS MANAGED FOR SUSTAINED PRODUCTIVITY, AND SCENIC LANDSCAPES ESSENTIAL TO OUR SENSE OF PLACE. CONTRIBUTIONS TO THIS ORGANIZATION SUPPORT ITS GENERAL MISSION. 15,000
    3 NATURAL RESOURCES COUNCIL OF MAINE: A NONPROFIT MEMBERSHIP ORGANIZATION PROTECTING, RESTORING, AND CONSERVING MAINE'S ENVIRONMENT, NOW AND FOR FUTURE GENERATIONS, WORKING TO IMPROVE THE QUALITY OF MAINE'S RIVERS, TO DECREASE AIR AND GLOBAL WARMING POLLUTION, AND TO CONSERVE MAINE LANDS. CONTRIBUTIONS TO THIS ORGANIZATION SUPPORT ITS GENERAL MISSION. 14,000
    4 UNITED MID-COAST CHARITIES, INC: DEDICATED TO THE SUPPORT OF CHARITIES WHICH PROVIDE SOCIAL SERVICES AND CARE TO THE MOST DESERVING, INCLUDING MEDICAL, PHYSICAL, SOCIAL, PSYCHIATRIC OR COMMUNITY EDUCATIONAL SERVICES. UMCC STRIVES TO LOCATE CHARITIES THAT OFFER THE MOST POSSIBLE BENEFIT TO RESIDENTS IN AND AROUND MID-COAST MAINE. CONTRIBUTIONS TO THIS ORGANIZATION HELP SUPPORT ITS GENERAL MISSION. 12,000
    Form 990-PF (2013)
    Form 990-PF (2013)
    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.........................bullet0
    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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
     
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    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
     
    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 (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 0
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010....... 1,193
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e......... 1,193
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$  
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 0
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 0 0
    (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 1,193
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		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) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		1,193
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010.... 1,193
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013....  
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 2013, 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) 2013 (b) 2012 (c) 2011 (d) 2010
    141,852 145,016 192,281 138,827 617,976
    b 85% of line 2a ......... 120,574 123,264 163,439 118,003 525,280
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		279,219 244,413 228,301 254,914 1,006,847
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		279,219 244,413 228,301 254,914 1,006,847
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......   5,033,146 5,011,309 4,881,847 14,926,302
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		182,866 168,500 164,969 155,707 672,042
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income   1,985,726 1,037,192 298,827 3,321,745
    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).)
    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 (2013)
    Form 990-PF (2013)
    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
    BAY CHAMBER CONCERTS AND COMMUNITY MUSIC SCHOOL
    PO BOX 599
    ROCKPORT,ME04856     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 1,000
    BROADREACH FAMILY & COMMUNITY SERVICES
    5 STEPHENSON LANE
    BELFAST,ME04915     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 8,000
    BRUNSWICK TOPSHAM LAND TRUST
    108 MAINE STREET
    BRUNSWICK,ME04011     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 2,000
    COASTAL MOUNTAINS LAND TRUST
    101 MOUNT BATTIE STREET
    CAMDEN,ME04843     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 15,000
    CONSERVATION LAW FOUNDATION
    47 PORTLAND STREET SUITE 4
    PORTLAND,ME04101     		  501(C)(3) CORPORATIO GENERAL SUPPORT 6,500
    FRIENDS OF CASCO BAYKEEPER
    43 SLOCUM DRIVE
    SOUTH PORTLAND,ME04106     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 2,000
    GEORGES RIVER LAND TRUST
    8 NORTH MAIN STREET SUITE 200
    ROCKLAND,ME04841     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 2,000
    MAINE COAST HERITAGE TRUST
    1 BOWDOIN MILL ISLAND SUITE 201
    TOPSHAM,ME04086     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 192,719
    NATURAL RESOURCES COUNCIL OF MAINE
    3 WADE STREET
    AUGUSTA,ME04330     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 14,000
    PENOBSCOT BAY YMCA AND TEEN CENTER
    PO BOX 840
    ROCKPORT,ME04856     		  501(C)(3) CORPORATIO GENERAL SUPPORT 5,000
    SHEEPSCOT WELLSPRING LAND ALLIANCE
    PO BOX 371
    LIBERTY,ME04949     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 3,000
    SWEETSER
    50 MOODY STREET
    SACO,ME04072     		  501(C)(3) CORPORATIO GENERAL SUPPORT 1,000
    THE ART VAN PROGRAM
    7 PARK STREET
    BATH,ME04530     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 3,000
    THE GAME LOFT
    78A MAIN STREET
    BELFAST,ME04915     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 5,000
    THE LOBSTER CONSERVANCY
    PO BOX 235
    FRIENDSHIP,ME04547     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 2,000
    UNITED MID-COAST CHARITIES INC
    PO BOX 205
    CAMDEN,ME04843     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 12,000
    WAYFINDER SCHOOLS
    PO BOX 555 79 WASHINGTON STREET
    CAMDEN,ME04843     		  501(C)(3) ORGANIZATI GENERAL SUPPORT 5,000
    Total .................................bullet 3a 279,219
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    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....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 166,327  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 256,146  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 422,473 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13422,473
    (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 (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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 (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    THE ALDERMERE FOUNDATION CO SPINNAKER TRUST
    EIN: 01-6059906
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ISHARES BARCLAYS 1-3 YEAR CREDIT BOND 56,732 56,737
    ISHARES IBOXX $HIGH YIELD CORP BOND FUND 0 0
    PIMCO TOTAL RETURN ETF 106,879 104,216
    POWERSHARES IN NATL MUN B PT 0 0
    VANGUARD INTERMEDIATE - TERM C 0 0
    WISDOM TREE EMERG MKTS DEBT 0 0
    WISDOM TREE INT'L MIDCAP DIVIDEND FUND 33,890 35,182
    FIDELITY SHORT INTERMEDIATE MUNICIPAL INCOME 86,080 85,895
    ISHARES MSCI EUROPE FINANCIAL SECTOR 36,892 39,062
    SPDR SHORT TERM HIGH YIELD 86,063 86,411
    VANGUARD EUROPE PACIFIC ETF 120,557 124,623
    VANGUARD EUROPEAN STOCK ETF 52,615 55,272

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    THE ALDERMERE FOUNDATION CO SPINNAKER TRUST
    EIN: 01-6059906
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M COMPANY 141,624 248,944
    ALERIAN MLP 276,977 301,541
    APPLE COMPUTER INC 0 0
    AT&T INC 186,996 203,541
    AVALONBAY COMMUNITIES INC 143,189 139,511
    BAXTER INTL INC 195,726 217,066
    CHEVRONTEXACO CORP 77,506 158,636
    CONOCOPHILLIPS 0 0
    CVS CORP 136,869 250,137
    DU PONT E.I. DE NEMOURS & CO 172,730 246,756
    ENCANA CORP 0 0
    GENERAL MILLS INC 0 0
    HEALTH CARE REIT INC 0 0
    HEINZ, H.J. CO 0 0
    ITT CORPORATION 40,413 79,111
    JOHNSON & JOHNSON 103,820 167,610
    KIMBERLY CLARK CORP 137,158 204,219
    LORILLARD INC 0 0
    MCDONALDS CORP 0 0
    MICROSOFT CORP 178,819 224,535
    NESTLE SA ADR 144,437 185,764
    PHILIP MORRIS INTERNATIONAL INC 146,251 162,933
    PHILLIPS 66 0 0
    PROCTER & GAMBLE CO 78,805 179,916
    RAYONIER INC 142,481 146,298
    REYNOLDS AMERICAN INC 0 0
    TORTOISE ENERGY INFRASTRUCTURE CORP 0 0
    UNITED PARCEL SERVICE CL B 0 0
    WAL-MART STORES INC 0 0
    WASTE MANAGEMENT INC (NEW) 0 0
    WELLS FARGO & CO 189,158 243,798
    WISCONSIN ENERGY CORP 145,727 174,868
    CELGENE CORP 60,319 92,257
    CHICAGO BRIDGE & IRON COMPANY 140,887 220,487
    CISCO SYSTEMS INC. 87,750 82,655
    CONOCOPHILLIPS 84,175 154,724
    CORNING INC 87,710 93,466
    GILEAD SCIENCES INC. 53,532 88,994
    GUGGENHEIM BULLETSHARES 2015 42,644 42,644
    MARKET VECTORS AGRIBUSINESS ETF 26,240 26,973
    STATE STREET CORP 113,474 126,598
    TARGET CORP 182,440 183,356
    UNION PACIFIC CORP 196,141 242,256
    WELLSPOINT INC. 168,083 167,780

    TY 2013 OtherDecreasesSchedule
    Name:
    THE ALDERMERE FOUNDATION CO SPINNAKER TRUST
    EIN: 01-6059906
    Description Amount
    BASIS ADJUSTMENT 10,874
    ROUNDING 7


    TY 2013 OtherExpensesSchedule
    Name:
    THE ALDERMERE FOUNDATION CO SPINNAKER TRUST
    EIN: 01-6059906
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN DIVIDEND ADR FEES 52 0 0 0


    TY 2013 OtherIncreasesSchedule
    Name:
    THE ALDERMERE FOUNDATION CO SPINNAKER TRUST
    EIN: 01-6059906
    Description Amount
    CHARITABLE CONTRIBUTION REISSUED IN 2013 NOT DEDUCTED IN 2012 1,500


    TY 2013 TaxesSchedule
    Name:
    THE ALDERMERE FOUNDATION CO SPINNAKER TRUST
    EIN: 01-6059906
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 812 0 0 0