Form990-PF
Click to see attachment

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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
SAM L COHEN FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1123   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, ME04104
A Employer identification number

20-2262822
B Telephone number (see instructions)

(207) 871-5600
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$40,298,396J 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
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 783,624 783,624  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,305,894
b Gross sales price for all assets on line 6a 3,286,595
7 Capital gain net income (from Part IV, line 2)... 1,305,894
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 66,930 66,930  
12 Total. Add lines 1 through 11........ 2,156,448 2,156,448  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 176,650 17,665   158,985
14 Other employee salaries and wages...... 108,679 10,868   97,811
15 Pension plans, employee benefits....... 32,867 3,287   29,580
16a Legal fees (attach schedule)......... Click to see attachment 3,175 318   2,857
b Accounting fees (attach schedule)....... Click to see attachment 6,405 641   5,764
c Other professional fees (attach schedule).... Click to see attachment 189,513 189,513   0
17 Interest............... 49,251 49,251   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 48,267 19,338   14,929
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 12,373 1,237   11,136
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 270,595 233,610   36,985
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 897,775 525,728   358,047
25 Contributions, gifts, grants paid........ 1,815,650 1,815,650
26 Total expenses and disbursements. Add lines 24 and 25 2,713,425 525,728   2,173,697
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -556,977
b Net investment income (if negative, enter -0-) 1,630,720
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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............... 198,935 97,510 97,510
2 Savings and temporary cash investments.......... 41,571 138,536 138,536
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) 4,530,587 Click to see attachment3,578,471 3,729,578
b Investments—corporate stock (attach schedule)........ 7,403,442 Click to see attachment5,887,288 8,265,308
c Investments—corporate bonds (attach schedule)........ 1,810,063 Click to see attachment1,919,682 1,812,416
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 18,099,122 Click to see attachment19,905,256 26,255,048
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) 32,083,720 31,526,743 40,298,396
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......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 32,083,720 31,526,743
30 Total net assets or fund balances (see instructions)...... 32,083,720 31,526,743
31 Total liabilities and net assets/fund balances (see instructions).. 32,083,720 31,526,743
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 32,083,720
2 Enter amount from Part I, line 27a..................... 2 -556,977
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 31,526,743
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 31,526,743
Form 990-PF (2014)
Form 990-PF (2014)
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 PUBLICALLY TRADED SECURITIES P    
b K1: ADAGE CAPITAL PARTNERS, LP P    
c K1: COLCHESTER GLOBAL BOND FUND P    
d K1: SANDERSON INTN'L VALUE FUND P    
e K1: WELLINGTON TRUST CO CTF COMMODITIES P    
K1: AEW GLOBAL PROPERTY SECURITY FUND P    
K1: ARIES PROPERTY COMPANY P    
AEOW 2000 P    
HARBOR INTERNATIONAL FUNDS P    
RIVERPLACE DEVELOPMENT DISTRIBUTION IN EXCESS OF BASIS P    
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 3,192,346   2,776,234 416,112
b       644,546
c       32,131
d       -6,936
e       15,262
      42,327
      -68,428
      207
      549
      135,875
94,249     94,249
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       416,112
b       644,546
c       32,131
d       -6,936
e       15,262
      42,327
      -68,428
      207
      549
      135,875
      94,249
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 1,305,894
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 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))
2013 2,024,563 39,679,964 0.051022
2012 1,925,655 37,604,181 0.051209
2011 1,920,631 37,501,366 0.051215
2010 1,781,643 35,744,749 0.049843
2009 1,836,019 31,750,610 0.057826
2 Total of line 1, column (d) ...................... 2 0.261115
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 0.052223
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 41,038,613
5 Multiply line 4 by line 3....................... 5 2,143,159
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 16,307
7 Add lines 5 and 6......................... 7 2,159,466
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,173,697
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 (2014)
Form 990-PF (2014)
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 16,307
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 16,307
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 16,307
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 28,160
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 33,160
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 16,853
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet16,853 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 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
    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)
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.SAMLCOHENFOUNDATION.ORG
    14
    The books are in care ofbulletGLORIA NICHOLSON Telephone no.bullet (207) 871-5600
    Located atbullet50 FODEN ROADSOUTH PORTLANDME ZIP+4bullet04106
    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 2014, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 instructions)? ........
    1b
     
    No
    .........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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    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 2014?
    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 4945(d)(4)(A)? (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 (2014)
    Form 990-PF (2014)
    Page 7
    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
    JEROME F GOLDBERG ESQ DIRECTOR, CHAIR
    10.00     		18,500 0 0
    PO BOX 1123
    PORTLAND,ME04104
    EDWARD K SIMENSKY CPA DIRECTOR, TREASURER
    2.00     		10,000 0 0
    268 MAIN STREET PO BOX 760
    SACO,ME04072
    JEFFREY A NATHANSON ESQ DIRECTOR, SECRETARY
    2.00     		10,000 0 0
    BANKNORTH ONE PORTLAND SQUARE PO
    BOX 9540
    PORTLAND,ME04112
    SHERRY P BRODER ESQ DIRECTOR
    2.00     		10,000 0 0
    7 WATERFRONT PLAZA SUITE 400 500
    ALA MOANA BLVD
    HONOLULU,HI96813
    ELINOR MILLER DIRECTOR
    2.00     		10,000 0 0
    45 BELMONT STREET
    PORTLAND,ME04104
    KENNETH SPIRER DIRECTOR
    2.00     		10,000 0 0
    18 NEAL STREET
    PORTLAND,ME04102
    JOHN SHOOS EXECUTIVE DIRECTOR
    40.00     		108,150 16,008 0
    83 GOUDY STREET
    SOUTH PORTLAND,ME04106
    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
    STEPHANIE EGLINTON PROGRAM OFFICER
    32.00     		65,564 13,878 0
    PO BOX 1123
    PORTLAND,ME04104
    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
    PRIME BUCHHOLZ INVESTMENT ADVISORY SERVICES 75,000
    273 CORPORATE DR PEASE INTL
    TRADEPORT
    PORTSMOUTH,NH03801
    SANDERSON ASSET MANAGEMENT INC INVESTMENT ADVISORY SERVICES 51,786
    250 SOUTH WACKER DRIVE SUITE 220
    CHICAGO,IL60606
    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
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    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 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
    41,139,827
    b
    Average of monthly cash balances.......................
    1b
    523,740
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    41,663,567
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    41,663,567
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    624,954
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    41,038,613
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,051,931
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,051,931
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    16,307
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,307
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,035,624
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,035,624
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,035,624
    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
    2,173,697
    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
     
    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
    2,173,697
    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
    16,307
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,157,390
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 2,035,624
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011....... 71,487
    d From 2012....... 69,356
    e From 2013....... 61,539
    fTotal of lines 3a through e......... 202,382
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 2,173,697
    a Applied to 2013, 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 2014 distributable amount..... 2,035,624
    e Remaining amount distributed out of corpus 138,073
    5 Excess distributions carryover applied to 2014. 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 5 340,455
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		340,455
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011.... 71,487
    c Excess from 2012.... 69,356
    d Excess from 2013.... 61,539
    e Excess from 2014.... 138,073
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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).)
    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 or e-mail address of the person to whom applications should be addressed:
    JOHN SHOOS
    PO BOX 1123
    PORTLAND,ME04104
    (207) 871-5600
    bThe form in which applications should be submitted and information and materials they should include:
    REFER TO WWW.SAMLCOHENFOUNDATION.ORG FOR SPECIFIC INFORMATION
    cAny submission deadlines:
    REFER TO WWW.SAMLCOHENFOUNDATION.ORG FOR SPECIFIC INFORMATION
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    REFER TO WWW.SAMLCOHENFOUNDATION.ORG FOR SPECIFIC INFORMATION
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    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
    ACCESS HEALTH INC DBA LEAVITT'S MILL FREE HEALTH CENTER
    PO BOX 47
    BAR MILLS,ME04004     		N/A PC OPERATING SUPPORT 7,500
    ALFOND SCHOLARSHIP FOUNDATION
    15 MONUMENT SQUARE 4TH FLOOR
    PORTLAND,ME04101     		N/A PC COLLEGE SAVINGS PARTNERSHIP 10,000
    AMERICAN NATIONAL RED CROSS
    2401 CONGRESS STREET
    PORTLAND,ME04102     		N/A PC VOLUNTEER CAPACITY BUILDING 10,000
    AMISTAD
    PO BOX 992
    PORTLAND,ME04104     		N/A PC FREE BREAKFASTS 10,000
    BIDDEFORD MILLS MUSEUM
    2 MAIN STREET SUITE 17-301E
    BIDDEFORD,ME04005     		N/A PC LINCOLN MILLS CLOCKTOWER RELOCATION 10,000
    BOYS & GIRLS CLUBS OF SOUTHERN MAINE
    277 CUMBERLAND AVE PO BOX 7830
    PORTLAND,ME04112     		N/A PC OPERATING SUPPORT 15,000
    CAMP SUNSHINE AT SEBAGO LAKE INC
    35 ACADIA ROAD
    CASCO,ME04015     		N/A PC BEREAVEMENT PROGRAM 16,000
    CENTER FOR GRIEVING CHILDREN
    PO BOX 1438
    PORTLAND,ME04104     		N/A PC MULTICULTURAL PEER SUPPORT 15,000
    CHABAD LUBAVITCH OF MAINE INC
    101 CRAIGIE STREET
    PORTLAND,ME04102     		N/A PC OPERATING SUPPORT 5,000
    CHILDREN'S DYSLEXIA CENTER OF PORTLAND
    1897 CONGRESS STREET
    PORTLAND,ME04102     		N/A PC OPERATING SUPPORT 10,000
    CHILDREN'S MUSEUM AND THEATRE OF MAINE
    142 FREE STREET PO BOX 4041
    PORTLAND,ME04101     		N/A PC WE ARE RHTYHM PLAY 6,300
    CITY OF SACO
    300 MAIN STREET
    SACO,ME04072     		N/A GOV CLASSROOM LOCKS 5,000
    COMMUNITY BICYCLE CENTER
    PO BOX 783
    BIDDEFORD,ME04005     		N/A PC BUILDING RENOVATION 25,000
    COMMUNITY DENTAL
    366 US ROUTE 1
    FALMOUTH,ME04105     		N/A PC UPGRADE DIGITAL SENSORS 30,000
    A COMPANY OF GIRLS
    PO BOX 7527
    PORTLAND,ME04112     		N/A PC FLEDGING AND ENSEMBLE PROGRAMMING 7,500
    CONGREGATION BETH ISRAEL
    49 EAST GRAND AVENUE
    OLD ORCHARD BEACH,ME04064     		N/A PC BUILDING REPAIRS 7,500
    CONSUMERS FOR AFFORDABLE HEALTH CARE
    PO BOX 2490
    AUGUSTA,ME04338     		N/A PC CONSUMER ASSISTANCE PROGRAM 25,000
    COUNCIL FOR A STRONG AMERICA
    4 JERSEY CIRCLE
    TOPSHAM,ME04086     		N/A PC PUBLIC EDUCATION CAMPAIGN 10,000
    COUNT ME IN
    95 KENT STREET
    PORTLAND,ME04102     		N/A PC EVERY DAY COUNTS PROGRAM 20,000
    ENVIRONMENTAL HEALTH STRATEGY CENTER
    565 CONGRESS ST SUITE 204
    PORTLAND,ME04101     		N/A PC THE FIRST 1000 DAYS 10,000
    THE FOUNDATION FOR MAINE'S COMMUNITY COLLEGES
    54 LIGHTHOUSE CIRCLE
    SOUTH PORTLAND,ME04106     		N/A PC DEVELOPMENT OF AN ONLINE ASSOCIATE DEGREE PROGRAM IN EARLY CHILDHOOD EDUCATION 75,000
    FRANNIE PEABODY CENTER
    30 DANFORTH STREET SUITE 311
    PORTLAND,ME04101     		N/A PC OPERATING SUPPORT 20,000
    FRIENDS OF THE SAINT LAWRENCE CHURCH
    76 CONGRESS STREET
    PORTLAND,ME04101     		N/A PC PARISH HALL THEATER 5,000
    CUMBERLAND COUNTY FOOD SECURITY COUNCIL CO GOOD SHEPHERD FOOD BANK
    62 ELM STREET
    PORTLAND,ME04101     		N/A PC MAINERS FEEDING MAINERS 50,000
    GOOD WILL-HINCKLEY
    PO BOX 159
    HINCKLEY,ME04944     		N/A PC COLLEGE STEP UP PROGRAM 15,000
    FURNITURE FRIENDS
    PO BOX 7894
    PORTLAND,ME04112     		N/A PC OPERATING SUPPORT 5,000
    GULF OF MAINE RESEARCH INSTITUTE
    350 COMMERCIAL STREET
    PORTLAND,ME04101     		N/A PC LAB VENTURE PROGRAM FOR SOUTHERN MAINE 25,000
    HEAR ME NOW
    PO BOX 896
    PORTLAND,ME04104     		N/A PC SPEECH AND HEARING IN PRESCHOOL 20,000
    HOMEHEALTH VISITING NURSES
    15 INDUSTRIAL PARK ROAD
    SACO,ME04072     		N/A PC DEVELOPING A PALLIATIVE MODEL OF CARE 23,400
    INTERNATIONAL CHRISTIAN FELLOWSHIP INTERCULTURAL COMMUNITY CENTER
    36 PATRICK DRIVE
    WESTBROOK,ME04092     		N/A PC POWER LEARNING CENTER 7,500
    IRIS NETWORK
    189 PARK AVENUE
    PORTLAND,ME04102     		N/A PC LOW VISION CLINIC 15,000
    KIDS FREE TO GROW
    62 PORTLAND RDSUITE 15
    KENNEBUNK,ME04043     		N/A PC NURTURING PROGRAM 7,500
    KIEVE-WAVUS EDUCATION INC
    PO BOX 169
    NOBLEBORO,ME04555     		N/A PC LORANGER MIDDLE SCHOOL COMMUNITY SUPPORT 5,500
    LAKE REGION SENIOR SERVICE INC
    PO BOX 816
    BRIDGTON,ME04009     		N/A PC HEALTHCARE ACCESS PROGRAM 7,500
    LAUDHOLM TRUST
    PO BOX 1007
    WELLS,ME04090     		N/A PC HEAD START STORY HOURS 8,000
    LEARNINGWORKS
    181 BRACKETT STREET
    PORTLAND,ME04102     		N/A PC JOHN T. GORMAN SUMMER LEARNING PROGRAM 40,000
    LET'S GET READY
    89 SOUTH ST SUITE 401
    BOSTON,MA02111     		N/A PC PORTLAND PROGRAM 10,000
    LEVEY DAY SCHOOL
    400 DEERING AVENUE
    PORTLAND,ME04103     		N/A PC TUITION ASSISTANCE 10,000
    LIFT360
    132 SPRING STREET
    PORTLAND,ME04101     		N/A PC OPERATING SUPPORT 10,000
    LUNDER-DINEEN HEALTH EDUCATION ALLIANCE OF MAINE
    PO BOX 1505
    BANGOR,ME04402     		N/A PC MAINE'S ORAL HEALTH INITIATIVE 15,000
    LYDIA HOME ASSOCIATION
    4300 WEST IRVING PARK ROAD
    CHICAGO,IL60641     		N/A PC PART-TIME FAMILY COACH SPECIALIST 15,000
    MAINE ACCESS IMMIGRANT NETWORK (MAIN)
    237 OXFORD STREET - SUITE 25A
    PORTLAND,ME04101     		N/A PC OPERATING SUPPORT 10,000
    MAINE ASSOCIATION OF NONPROFITS
    565 CONGRESS ST SUITE 301
    PORTLAND,ME04101     		N/A PC CAPACITY BUILDING FOR MAINE NONPROFITS 10,000
    MAINE AUDUBON
    20 GILSLAND FARM ROAD
    FALMOUTH,ME04105     		N/A PC ENVIRONMENTAL EDUCATION 20,000
    MAINE BOYS TO MEN
    565 CONGRESS STREET SUITE 206A
    PORTLAND,ME04101     		N/A PC OPERATING SUPPORT 10,000
    MAINE CENTER FOR ECONOMIC POLICY
    66 WINTHROP STREET PO BOX 437
    AUGUSTA,ME04332     		N/A PC OPERATING SUPPORT 10,000
    MAINE CENTERS FOR WOMEN WORK AND COMMUNITY
    46 UNIVERSITY DRIVE UMA
    AUGUSTA,ME04330     		N/A PC IN THE MAINE STREAM PROGRAM 15,000
    MAINE CHILDREN'S ALLIANCE
    303 STATE STREET
    AUGUSTA,ME04330     		N/A PC START ME RIGHT PROGRAM 5,000
    MAINE CHILDREN'S ALLIANCE
    303 STATE STREET
    AUGUSTA,ME04330     		N/A PC MAINE KIDS COUNT 25,000
    MAINE COMMUNITY FOUNDATION
    245 MAIN STREET
    ELLSWORTH,ME04605     		N/A PC DONOR ADVISED FUND 200,000
    MAINE INITIATIVES
    14 MAINE STREET SUITE 216G PO BOX
    66
    BRUNSWICK,ME04011     		N/A PC CAPACITY BUILDING PROJECT FOR ETHNIC BASED ORGANIZATIONS 5,000
    MAINE JEWISH FILM FESTIVAL
    PO BOX 7465
    PORTLAND,ME04112     		N/A PC OPERATING SUPPORT 10,000
    MAINE JEWISH FILM FESTIVAL
    PO BOX 7465
    PORTLAND,ME04112     		N/A PC WATERVILLE FILM FESTIVAL 4,950
    MAINE MEDICAL CENTER
    22 BRAMHALL STREET
    PORTLAND,ME04102     		N/A PC LET'S GO CHILDHOOD OBESITY PREVENTION PROGRAM 30,000
    MAINE ORAL HEALTH FUNDERS
    C/O THE BINGHAM PROGRAM 61 WINTHROP
    STREET
    AUGUSTA,ME04330     		N/A PC IMPROVING CHILDREN'S ORAL HEALTH IN MAINE 40,000
    MAINE ORAL HEALTH FUNDERS
    C/O THE BINGHAM PROGRAM 61 WINTHROP
    STREET
    AUGUSTA,ME04330     		N/A PC ORAL HEALTH FUNDERS CONSULTANT 6,000
    MAINE PHILANTHROPY CENTER
    P O BOX 9301
    PORTLAND,ME04104     		N/A PC CONFERENCE SPONSORSHIP 2,500
    MAINE PHILANTHROPY CENTER
    P O BOX 9301
    PORTLAND,ME04104     		N/A PC PUBLIC ADVOCACY WORKSHOP 2,500
    MAINE RESILIENCE BUILDING NETWORK
    3 SHORE ROAD NORTH
    DOVERFOXCROFT,ME04426     		N/A PC STRATEGIC PLANNING PROCESS 15,000
    MAINE WABANAKI-STATE CHILD WELFARE TRUTH AND RECONCILIATION COMMISSION
    89 MAIN STREET SUITE 3
    ELLSWORTH,ME04605     		N/A PC DEEPENING CROSS CULTURAL UNDERSTANDING 10,000
    MAINE WOMEN'S POLICY CENTER
    124 SEWALL ST
    AUGUSTA,ME04330     		N/A PC ECONOMIC SECURITY FOR MAINE WOMEN 10,000
    MID COAST HUNGER PREVENTION PROGRAM
    84 A UNION STREET
    BRUNSWICK,ME04011     		N/A PC OPERATING SUPPORT 15,000
    MILESTONE FOUNDATION INC
    65 INDIA STREET
    PORTLAND,ME04101     		N/A PC HOME TEAM VAN 20,000
    THE MITCHELL INSTITUTE
    75 WASHINGTON AVENUE SUITE 2E
    PORTLAND,ME04101     		N/A PC SLCF ENDOWED SCHOLARSHIP 125,000
    MORE THAN WHEELS
    15 EAGLE COURT
    KEENE,NH03431     		N/A PC OPERATING SUPPORT 10,000
    MY PLACE TEEN CENTER
    755 MAIN STREET
    WESTBROOK,ME04092     		N/A PC CAPITAL PROJECT 20,000
    OASIS HEALTH NETWORK INC
    66 BARIBEAU DRIVE SUITE 9/10
    BRUNSWICK,ME04011     		N/A PC COMMUNITY PRESCRIPTON ASSISTANCE PROGRAM 25,000
    THE OPPORTUNITY ALLIANCE
    510 CUMBERLAND AVENUE
    PORTLAND,ME04101     		N/A PC EMERGENCY HEATING ASSISTANCE 7,500
    PARTNERS FOR A HUNGER FREE YORK COUNTY
    PO BOX 515
    ALFRED,ME04002     		N/A PC ORGANIZATION CAPACITY BUILDING AND SUMMER LUNCH PROGRAM 20,000
    PIHCINTU MULTINATIONAL GIRLS CHORUS
    36 EMERSON DRIVE
    WINDHAM,ME04062     		N/A PC OPERATING SUPPORT 3,000
    PINE TREE LEGAL ASSISTANCE
    88 FEDERAL STREET PO BOX 547
    PORTLAND,ME04112     		N/A PC INTAKE MANAGER POSITION 50,000
    PLANNED PARENTHOOD OF NORTHERN NEW ENGLAND
    443 CONGRESS STREET 3RD FLOOR
    PORTLAND,ME04101     		N/A PC SOUTHERN MAINE CHARITY CARE PROGRAM 20,000
    PORTLAND ADULT EDUCATION
    14 LOCUST STREET
    PORTLAND,ME04101     		N/A PC JOBS CLASS WITH FINANCIAL LITERACY 25,000
    PORTLAND CONSERVATORY OF MUSIC
    202 WOODFORD STREET
    PORTLAND,ME04103     		N/A PC COMMUNITY OUTREACH PROGRAM 5,000
    PORTLAND OVATIONS
    50 MONUMENT SQUARE 2ND FLOOR
    PORTLAND,ME04101     		N/A PC SCHOOL TIME PERFORMANCE SERIES 15,000
    PORTLAND STAGE COMPANY
    PO BOX 1458
    PORTLAND,ME04104     		N/A PC K-12 EDUCATION PROGRAMS 15,000
    THE REAL SCHOOL
    1 MACKWORTH ISLAND
    FALMOUTH,ME04105     		N/A PC REAL ARTS PROGRAM 7,500
    RESTORATIVE JUSTICE INSTITUTE OF MAINE
    PO BOX 799
    BATH,ME04530     		N/A PC OPERATING SUPPORT 15,000
    THE ROOT CELLAR
    94 WASHINGTON AVE
    PORTLAND,ME04101     		N/A PC ADULT EMPOWERMENT PROGRAMS 10,000
    RTP (REGIONAL TRANSPORTATION PROGRAM)
    127 ST JOHN ST
    PORTLAND,ME04102     		N/A PC OPERATING SUPPORT 15,000
    THE SALVATION ARMY
    2 SIXTH ST
    OLD ORCHARD BEACH,ME04064     		N/A PC HANDS UP CENTER 7,500
    SPIRIT SERIES INC
    605 SAN VINCENTE BLVD SUITE 310
    SANTA MONICA,CA90402     		N/A PC PORTLAND SCHOOLS PROGRAM 7,500
    SPURWINK SERVICES
    899 RIVERSIDE STREET
    PORTLAND,ME04103     		N/A PC PROJECT SHIFA EXPANSION TO SOUTHERN MAINE 20,000
    SWEETSER
    50 MOODY STREET
    SACO,ME04072     		N/A PC SCHOOL KITCHEN AND LUNCHROOM CAMPAIGN 10,000
    THE TELLING ROOM
    225 COMMERCIAL STREET SUITE 201
    PORTLAND,ME04101     		N/A PC OPERATING SUPPORT 10,000
    THORNTON ACADEMY
    438 MAIN STREET
    SACO,ME04072     		N/A PC 21ST CENTURY CURRICULUM-TO-CAREER INITIATIVE 20,000
    TRI-COUNTY LITERACY
    34 WING FARM PARKWAY
    BATH,ME04530     		N/A PC OPERATING SUPPORT 7,500
    UNITED WAY OF GREATER PORTLAND
    PO BOX 15200
    PORTLAND,ME04112     		N/A PC KEEP ME WARM FUND 15,000
    UNITED WAY OF GREATER PORTLAND
    PO BOX 15200
    PORTLAND,ME04112     		N/A PC STARTING STRONG PROJECT 20,000
    UNIVERSITY OF HAWAI'I FOUNDATION
    PO BOX 11270
    HONOLULU,HI96828     		N/A PC SLCF HUMAN RIGHTS FELLOWSHIP 15,000
    UNIVERSITY OF MAINE SCHOOL OF LAW FOUNDATION
    246 DEERING AVENUE
    PORTLAND,ME04102     		N/A PC REFUGEE & HUMAN RIGHTS CLINIC 65,000
    UNIVERSITY OF NEW ENGLAND
    716 STEVENS AVENUE
    PORTLAND,ME04103     		N/A PC BRIDGES TO BACCALAUREATE PILOT PROGRAM 30,000
    WAYSIDE FOOD PROGRAMS
    PO BOX 1278
    PORTLAND,ME04104     		N/A PC OPERATING SUPPORT 20,000
    WOLFE'S NECK FARM FOUNDATION
    184 BURNETT RD
    FREEPORT,ME04032     		N/A PC FARM SCHOOL FOR URBAN STUDENTS 7,500
    WORLD AFFAIRS COUNCIL OF MAINE
    102 BEDFORD STREET
    PORTLAND,ME04104     		N/A PC CELEBRATING IMMIGRATION COMMUNITY DIALOGUE 10,000
    YORK COUNTY COMMUNITY ACTION CORPORATION
    PO BOX 72 6 SPRUCE STREET
    SANFORD,ME04073     		N/A PC EMERGENCY HEATING ASSISTANCE 7,500
    YORK COUNTY COMMUNITY ACTION CORPORATION
    PO BOX 72 6 SPRUCE STREET
    SANFORD,ME04073     		N/A PC YORK COUNTY CA$H PROGRAM 10,000
    YORK COUNTY SHELTER PROGRAMS
    PO BOX 820
    ALFRED,ME04002     		N/A PC EMPLOYMENT TRAINING PROGRAM 25,000
    Total .................................bullet 3a 1,815,650
    bApproved for future payment
    CHABAD LUBAVITCH OF MAINE INC
    101 CRAIGIE STREET
    PORTLAND,ME04102     		N/A PC OPERATING SUPPORT 5,000
    UNIVERSITY OF HAWAI'I FOUNDATION
    PO BOX 11270
    HONOLULU,HI96828     		N/A PC SAM L. COHEN INTERNATIONAL HUMAN RIGHTS FELLOWSHIP AT WILLIAM S. RICHARDSON SCHOOL OF LAW 30,000
    CENTER FOR GRIEVING CHILDREN
    PO BOX 1438
    PORTLAND,ME04104     		N/A PC MULTICULTURAL PEER SUPPORT PROGRAM 30,000
    SOUTHERN MAINE AGENCY ON AGING
    136 US ROUTE 1
    SCARBOROUGH,ME04074     		N/A PC ADULT DAY CENTER IN BIDDEFORD 125,000
    THE TELLING ROOM
    225 COMMERCIAL STREET SUITE 201
    PORTLAND,ME04101     		N/A PC OPERATING SUPPORT 20,000
    UNIVERSITY OF MAINE SCHOOL OF LAW FOUNDATION
    246 DEERING AVENUE
    PORTLAND,ME04102     		N/A PC REFUGEE AND HUMAN RIGHTS CLINIC 65,000
    Total .................................bullet 3b 275,000
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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....     14 783,624  
    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.....     14 66,930  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 1,305,894  
    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 2,156,448 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,156,448
    (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 (2014)
    Form 990-PF (2014)
    Page 13
    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) 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 (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    SAM L COHEN FOUNDATION
    EIN: 20-2262822
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,405 641   5,764

    TY 2014 GeneralExplanationAttachment
    Name:
    SAM L COHEN FOUNDATION
    EIN: 20-2262822
    Identifier Return Reference Explanation
    DISTRIBUTIONS TO DONOR ADVISED FUND 990-PF, PART VII-A, LINE 12 DISTRIBUTIONS TO DONOR ADVISED FUNDRECIPIENT:MAINE COMMUNITY FOUNDATION245 MAIN STREETELLSWORTH, ME 04605HOW DISTRIBUTION ACCOMPLISHED CHARITABLE PURPOSE:DURING THE YEAR ENDED 12/31/14, THE SAM L. COHEN FOUNDATION ESTABLISHED A DONOR ADVISED FUND WITH THE MAINE COMMUNITY FOUNDATION, A CHARITABLE COMMUNITY FOUNDATION. THE DONOR ADVISED FUND WAS FUNDED WITH $200,000 DURING THE YEAR ENDED 12/31/14. THE MAINE COMMUNITY FOUNDATION IS THE OWNER OF THESE FUNDS AND HAS ULTIMATE CONTROL OVER THE INCOME AND ASSETS OF THE FUND. THE SAM L. COHEN FOUNDATION INTENDS TO USE ITS ADVISORY PRIVILEGES TO DIRECT DISTRIBUTIONS FROM THE DONOR ADVISED FUND TO PROVIDE ACCESS TO EDUCATIONAL OPPORTUNITIES, PROMOTE CULTURE AND THE ARTS, CONTRIBUTE TO CIVIC IMPROVEMENT AND COMMUNITY WELL BEING, INCREASE ACCESS TO HEALTH CARE, OR PRESERVE JEWISH TRADITIONS, CULTURE AND COMMUNITY. AMOUNT TREATED AS QUALIFYING DISTRIBUTION FOR YEAR ENDED 12/31/14:$200,000

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    SAM L COHEN FOUNDATION
    EIN: 20-2262822
    Name of Bond End of Year Book Value End of Year Fair Market Value
    COLCHESTER GLOBAL BOND FUND 1,919,682 1,812,416

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    SAM L COHEN FOUNDATION
    EIN: 20-2262822
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SANDERSON INTN'L VALUE FUND 4,164,531 5,045,881
    THORNBURG INTN'L VALUE FUND 0 0
    VANGUARD MID CAP INDEX FUND 611,921 1,109,447
    VANGUARD STOCK MKT IDX ADM 1,110,836 2,109,980

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    SAM L COHEN FOUNDATION
    EIN: 20-2262822
    US Government Securities - End of Year Book Value:

    3,578,471
    US Government Securities - End of Year Fair Market Value:

    3,729,578
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2014 InvestmentsOtherSchedule2
    Name:
    SAM L COHEN FOUNDATION
    EIN: 20-2262822
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ADAGE CAPITAL PARTNERS AT COST 1,620,323 4,794,378
    AEW GLOBAL PROPERTY SECURITIES FUND AT COST 1,173,543 1,569,120
    ARCHSTONE FUND AT COST 3,713,698 5,380,547
    ARIES PROPERTY CO., LP AT COST 0 0
    EATON VANCE EMERGING MARKETS INT'L FUND AT COST 2,522,927 2,736,888
    NYES LEDGE CAPITAL FUND AT COST 3,550,000 5,044,298
    VANGUARD ENERGY ADMIRAL FUND AT COST 1,650,015 1,323,545
    VANGUARD INFLATION-PROTECTED SECURITIES AT COST 1,501,223 1,551,772
    WELLINGTON U.S. COMMODITIES CTF AT COST 1,235,587 1,286,466
    HARBOR INTERNATIONAL INSTL FUND AT COST 2,937,940 2,568,034

    TY 2014 LegalFeesSchedule
    Name:
    SAM L COHEN FOUNDATION
    EIN: 20-2262822
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,175 318   2,857


    TY 2014 OtherExpensesSchedule
    Name:
    SAM L COHEN FOUNDATION
    EIN: 20-2262822
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 5,896 0   5,896
    BANK CHARGES 3,085 309   2,776
    MEMBERSHIPS 6,675 668   6,007
    OFFICE EXPENSE 8,602 860   7,742
    TELEPHONE 1,481 148   1,333
    POSTAGE 265 27   238
    PAYROLL PROCESSING FEES 1,592 159   1,433
    GIFTS DATABASE 10,755 0   10,755
    MISCELLANEOUS 357 36   321
    SUBSCRIPTIONS AND PUBLICATIONS 484 0   484
    K1: ARIES PROPERTIES RENTAL LOSS 621 621   0
    K1: WELLINGTON COMMODITIES PORTFOLIO DEDUCTIONS 30,666 30,666   0
    K1: ADAGE CAPITAL PARTNERS PORTFOLIO DEDUCTIONS 21,673 21,673   0
    K1: AEW PORTFOLIO DEDUCTIONS 1,346 1,346   0
    K1: ADAGE CAPITAL PARTNERS OTHER INVESTMENT EXPENSE 13,091 13,091   0
    K1: WELLINGTON COMMODITIES OTHER INVESTMENT EXPENSE 164,006 164,006   0


    TY 2014 OtherIncomeSchedule2
    Name:
    SAM L COHEN FOUNDATION
    EIN: 20-2262822
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K1: AEW GLOBAL PROPERTY SECURITIES FUND 42,800 42,800 42,800
    K1: SANDERSON 2,072 2,072 2,072
    OTHER INCOME 132 132 132
    K1: COLCHESTER 21,926 21,926 21,926


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    SAM L COHEN FOUNDATION
    EIN: 20-2262822
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES - PRIME BUCHHOLZ 75,000 75,000   0
    INVESTMENT ADVISORY FEES - SANDERSON 51,786 51,786   0
    INVESTMENT ADVISORY FEES - ADAGE CAPITAL PARTNERS L.P. 32,454 32,454   0
    INVESTMENT ADVISORY FEES - COLCHESTER 11,222 11,222   0
    INVESTMENT ADVISORY FEES - AEW GLOBAL PROPERTY. 10,305 10,305   0
    INVESTMENT ADVISORY FEES - WELLINGTON COMMODITIES 8,746 8,746   0


    TY 2014 TaxesSchedule
    Name:
    SAM L COHEN FOUNDATION
    EIN: 20-2262822
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 17,679 17,679   0
    PAYROLL TAXES 16,588 1,659   14,929
    FEDERAL NET INVESTMENT INCOME TAX 14,000 0   0