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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
THE ALDERMERE FOUNDATION
C/O 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:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$5,780,072J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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... 171,210 170,748  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 619,678
b Gross sales price for all assets on line 6a 5,585,016
7 Capital gain net income (from Part IV, line 2)... 619,678
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).......      
12 Total. Add lines 1 through 11........ 790,888 790,426  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 34,282 26,457   3,625
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 11,780 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 46,062 26,457   3,625
25 Contributions, gifts, grants paid....... 306,309 306,309
26 Total expenses and disbursements. Add lines 24 and 25 352,371 26,457   309,934
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 438,517
b Net investment income (if negative, enter -0-) 763,969
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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......... 52,330 174,474 174,474
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)....... 3,808,554 Click to see attachment2,933,495 3,443,616
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,036,478 Click to see attachment2,227,910 2,161,982
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) 4,897,362 5,335,879 5,780,072
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........ 4,897,362 4,897,362
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 438,517
30 Total net assets or fund balances (see instructions)..... 4,897,362 5,335,879
31 Total liabilities and net assets/fund balances (see instructions). 4,897,362 5,335,879
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
4,897,362
2
Enter amount from Part I, line 27a .....................
2
438,517
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,335,879
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
5,335,879
Form 990-PF (2015)
Form 990-PF (2015)
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 Accenture PLC P 2014-09-19 2015-03-10
b Accenture PLC P 2014-09-19 2015-01-26
c AstraZeneca PLC P 2014-03-06 2015-01-26
d Cisco Systems Inc P 2015-02-06 2015-03-10
e First Trust North Amer Engy InfrasETF P 2015-04-16 2015-11-19
Illinois Tool Works Inc P 2015-01-26 2015-02-25
Intel Corp P 2014-02-11 2015-01-26
Intel Corp P 2015-02-06 2015-03-10
iShares High Dividend ETF P 2015-01-14 2015-01-26
iShares High Dividend ETF P 2015-01-14 2015-03-13
iShares MSCI All Country Asia ex Japan Index P 2015-01-26 2015-09-21
iShares MSCI Europe Financial Sector P 2015-01-26 2015-09-21
iShares S&P Pref Stk Index Fd P 2014-02-11 2015-01-26
Kraft Foods Group, Inc. P 2014-02-11 2015-01-26
Lassalle Hotel Properties P 2014-12-19 2015-09-29
Lassalle Hotel Properties P 2015-01-26 2015-09-29
Market Vectors Agribusiness ETF P 2015-01-26 2015-02-19
Metlife Inc P 2014-07-25 2015-01-26
Microsoft Corp P 2015-02-06 2015-03-10
Pepsico Inc P 2014-10-24 2015-01-26
Rayonier, Inc. P 2014-03-10 2015-01-26
Seagate Technology P 2015-03-10 2015-09-29
Utilities Select Sector SPDR P 2014-02-11 2015-01-26
Vanguard European Stock ETF P 2015-03-02 2015-12-10
Waste Management Inc P 2014-02-11 2015-01-26
WisdomTree Europe Hedged Equity ETF P 2015-01-26 2015-09-21
WisdomTree Europe Hedged Equity ETF P 2015-01-26 2015-03-02
WisdomTree Europe Hedged Equity ETF P 2015-02-19 2015-03-02
WisdomTree Japan Hedged Equity ETF P 2014-09-18 2015-03-02
WisdomTree Japan Hedged Equity ETF P 2014-09-17 2015-03-02
WisdomTree Japan Hedged Equity ETF P 2015-01-26 2015-06-02
WisdomTree Japan Hedged Equity ETF P 2015-01-26 2015-09-21
WisdomTree Japan Hedged Equity ETF P 2015-01-26 2015-03-02
WisdomTree Japan Hedged Equity ETF P 2015-02-19 2015-03-02
3M Company P 2011-11-23 2015-01-26
3M Company P 2013-05-01 2015-01-26
Alerian MLP ETF P 2011-11-30 2015-04-16
Alerian MLP ETF P 2013-05-01 2015-01-26
Alerian MLP ETF P 2013-06-06 2015-04-16
Alerian MLP ETF P 2013-06-04 2015-01-26
Alerian MLP ETF P 2013-06-05 2015-04-16
Alerian MLP ETF P 2013-06-04 2015-04-16
AT&T Inc P 2013-04-23 2015-01-26
AT&T Inc P 2013-05-01 2015-01-26
Baxalta Incorporated P 2012-10-25 2015-07-14
Baxter Intl Inc P 2012-10-25 2015-01-26
Baxter Intl Inc P 2012-10-25 2015-07-14
Baxter Intl Inc P 2013-04-17 2015-01-26
Baxter Intl Inc P 2013-05-01 2015-01-26
Chemours Company P 2011-11-23 2015-07-21
Chemours Company P 2011-11-23 2015-08-21
Chevron Corporation P 1993-01-01 2015-01-30
Chevron Corporation P 1993-01-01 2015-01-26
Cisco Systems Inc P 2013-11-12 2015-03-10
ConocoPhillips P 2011-11-28 2015-09-29
ConocoPhillips P 2013-05-01 2015-09-29
Du Pont (E I) de Nemours and Company P 2011-11-23 2015-01-26
Du Pont (E I) de Nemours and Company P 2012-10-31 2015-01-26
Intel Corp P 2014-02-11 2015-03-10
iShares MSCI All Country Asia ex Japan Index P 2014-09-18 2015-09-21
iShares MSCI Europe Financial Sector P 2013-11-12 2015-09-21
Kimberly Clark Corp P 2011-11-29 2015-01-26
Kimberly Clark Corp P 2013-05-01 2015-01-26
Microsoft Corp P 2012-07-17 2015-01-26
Microsoft Corp P 2012-07-17 2015-03-10
Microsoft Corp P 2013-05-13 2015-01-26
Nestle S A Sponsored ADR P 2011-11-28 2015-01-26
Nestle S A Sponsored ADR P 2013-05-01 2015-01-26
Rayonier, Inc. P 2013-05-01 2015-01-26
Union Pacific Corp P 2013-02-12 2015-01-14
Union Pacific Corp P 2013-05-01 2015-01-14
Wells Fargo & Co P 2013-01-16 2015-01-26
WisdomTree Europe Hedged Equity ETF P 2014-09-18 2015-09-21
WisdomTree MidCap Dividend Fund P 2014-02-11 2015-09-29
Accenture PLC P 2015-01-26 2015-03-10
AstraZeneca PLC P 2014-03-06 2015-01-26
Cisco Systems Inc P 2015-01-26 2015-03-10
Cisco Systems Inc P 2015-02-06 2015-03-10
First Trust North Amer Engy InfrasETF P 2015-04-16 2015-11-19
Illinois Tool Works Inc P 2015-01-26 2015-02-25
Intel Corp P 2014-02-11 2015-01-26
Intel Corp P 2015-02-06 2015-03-10
iShares High Dividend ETF P 2015-01-14 2015-03-13
iShares High Dividend ETF P 2015-01-14 2015-01-26
iShares MSCI All Country Asia ex Japan Index P 2015-01-26 2015-09-21
iShares MSCI Europe Financial Sector P 2015-01-26 2015-09-21
iShares S&P Pref Stk Index Fd P 2014-02-11 2015-01-26
Kraft Foods Group, Inc. P 2014-02-11 2015-01-26
Lassalle Hotel Properties P 2014-12-19 2015-09-29
Lassalle Hotel Properties P 2015-01-26 2015-09-29
Lassalle Hotel Properties P 2015-02-06 2015-09-29
Market Vectors Agribusiness ETF P 2015-01-26 2015-02-19
Metlife Inc P 2014-07-25 2015-01-26
Microsoft Corp P 2015-02-06 2015-03-10
Rayonier, Inc. P 2014-03-10 2015-01-26
Seagate Technology P 2015-03-10 2015-09-29
Utilities Select Sector SPDR P 2014-02-11 2015-01-26
Vanguard European Stock ETF P 2015-03-02 2015-12-10
Waste Management Inc P 2014-02-11 2015-01-26
WisdomTree Europe Hedged Equity ETF P 2015-01-26 2015-09-21
WisdomTree Europe Hedged Equity ETF P 2015-01-26 2015-09-21
WisdomTree Europe Hedged Equity ETF P 2015-01-26 2015-03-02
WisdomTree Europe Hedged Equity ETF P 2015-02-19 2015-03-02
WisdomTree Japan Hedged Equity ETF P 2015-01-26 2015-03-02
WisdomTree Japan Hedged Equity ETF P 2015-01-26 2015-09-21
WisdomTree Japan Hedged Equity ETF P 2015-01-26 2015-06-02
WisdomTree Japan Hedged Equity ETF P 2015-02-19 2015-03-02
3M Company P 2011-11-23 2015-01-26
3M Company P 2013-05-01 2015-01-26
Alerian MLP ETF P 2011-11-30 2015-04-16
Alerian MLP ETF P 2013-05-01 2015-01-26
Alerian MLP ETF P 2013-06-04 2015-04-16
Alerian MLP ETF P 2013-06-04 2015-01-26
Alerian MLP ETF P 2013-06-05 2015-04-16
Alerian MLP ETF P 2013-06-06 2015-04-16
AT&T Inc P 2013-04-23 2015-01-26
AT&T Inc P 2013-05-01 2015-01-26
Baxalta Incorporated P 2012-10-25 2015-07-14
Baxter Intl Inc P 2012-10-25 2015-07-14
Baxter Intl Inc P 2012-10-25 2015-01-26
Baxter Intl Inc P 2013-02-22 2015-01-26
Baxter Intl Inc P 2013-04-17 2015-01-26
Baxter Intl Inc P 2013-05-01 2015-01-26
Chemours Company P 2011-11-23 2015-08-21
Chemours Company P 2011-11-23 2015-07-21
Chevron Corporation P 2012-02-15 2015-01-30
Chevron Corporation P 2012-02-15 2015-01-26
Chevron Corporation P 2013-05-01 2015-01-26
Cisco Systems Inc P 2013-11-12 2015-03-10
ConocoPhillips P 2011-11-28 2015-09-29
ConocoPhillips P 2013-05-01 2015-09-29
Du Pont (E I) de Nemours and Company P 2011-11-23 2015-01-26
Du Pont (E I) de Nemours and Company P 2012-10-31 2015-01-26
Du Pont (E I) de Nemours and Company P 2013-04-25 2015-01-26
Du Pont (E I) de Nemours and Company P 2013-05-01 2015-01-26
Intel Corp P 2014-02-11 2015-03-10
iShares MSCI Europe Financial Sector P 2013-11-12 2015-09-21
Kimberly Clark Corp P 2006-08-02 2015-01-26
Kimberly Clark Corp P 2011-11-29 2015-01-26
Kimberly Clark Corp P 2013-05-01 2015-01-26
Microsoft Corp P 2012-07-17 2015-03-10
Microsoft Corp P 2012-07-17 2015-01-26
Microsoft Corp P 2013-05-13 2015-01-26
Nestle S A Sponsored ADR P 2011-11-28 2015-01-26
Nestle S A Sponsored ADR P 2013-05-01 2015-01-26
Rayonier, Inc. P 2013-05-01 2015-01-26
Union Pacific Corp P 2013-02-12 2015-01-14
Union Pacific Corp P 2013-05-01 2015-01-14
Vanguard European Stock ETF P 2013-11-12 2015-01-26
Vanguard FTSE Developed Markets ETF P 2013-11-12 2015-01-26
Wells Fargo & Co P 2012-12-20 2015-01-26
Wells Fargo & Co P 2013-01-16 2015-01-26
Wells Fargo & Co P 2013-02-14 2015-01-26
Wells Fargo & Co P 2013-04-24 2015-01-26
Wells Fargo & Co P 2013-05-01 2015-01-26
WisdomTree International MidCap Dividend Fund P 2013-11-12 2015-01-26
WisdomTree MidCap Dividend Fund P 2014-02-11 2015-09-29
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 12,913   11,694 1,219
b 5,852   5,287 565
c 12,839   12,155 684
d 4,751   4,556 195
e 21,709   27,246 -5,537
41,680   39,275 2,405
9,741   6,684 3,057
4,244   4,502 -258
53,544   52,243 1,301
40,142   40,843 -701
80,563   95,379 -14,816
37,047   38,606 -1,559
25,424   24,268 1,156
11,335   9,027 2,308
6,852   10,022 -3,170
16,629   25,572 -8,943
40,423   39,065 1,358
4,932   5,561 -629
5,671   5,706 -35
6,214   5,952 262
4,871   5,681 -810
35,414   46,187 -10,773
43,055   34,921 8,134
84,030   93,152 -9,122
12,681   10,277 2,404
55,530   60,629 -5,099
83,948   80,183 3,765
9,335   9,069 266
1,890   1,822 68
10,802   10,243 559
33,932   28,547 5,385
22,644   22,617 27
20,199   18,797 1,402
22,144   21,759 385
77,209   36,165 41,044
9,753   6,296 3,457
38,447   32,621 5,826
6,236   6,100 136
13,959   13,630 329
1,161   1,112 49
6,337   6,144 193
22,933   22,530 403
5,901   6,922 -1,021
2,884   3,292 -408
21,016   19,611 1,405
8,007   6,931 1,076
26,143   23,019 3,124
1,772   1,757 15
6,377   6,267 110
10   9 1
668   756 -88
102   10 92
66,279   5,843 60,436
9,818   8,120 1,698
25,398   18,503 6,895
4,849   6,360 -1,511
34,741   20,905 13,836
11,285   6,838 4,447
6,829   5,239 1,590
6,114   7,248 -1,134
9,738   10,914 -1,176
57,591   35,118 22,473
6,582   6,004 578
13,851   8,767 5,084
3,089   2,148 941
6,739   4,761 1,978
52,037   37,105 14,932
6,938   6,410 528
3,228   4,784 -1,556
82,916   50,505 32,411
9,950   6,604 3,346
36,501   24,070 12,431
26,075   27,292 -1,217
17,922   17,295 627
29,630   29,765 -135
31,885   30,188 1,697
18,571   18,078 493
4,607   4,418 189
53,203   66,771 -13,568
95,198   89,704 5,494
24,406   16,746 7,660
9,382   9,952 -570
91,637   93,236 -1,599
136,723   133,400 3,323
198,187   234,636 -36,449
83,747   87,273 -3,526
60,771   58,007 2,764
27,071   21,559 5,512
15,989   23,384 -7,395
37,688   57,954 -20,266
1,198   1,768 -570
92,332   89,229 3,103
12,355   13,929 -1,574
7,702   7,750 -48
13,762   16,049 -2,287
80,390   104,847 -24,457
100,510   81,522 18,988
191,687   212,495 -20,808
30,509   24,726 5,783
18,191   19,861 -1,670
168,054   183,486 -15,432
192,101   183,486 8,615
20,729   20,138 591
75,397   70,162 5,235
51,325   51,265 60
77,840   65,488 12,352
50,120   49,250 870
174,737   81,848 92,889
26,820   17,314 9,506
89,146   70,553 18,593
1,732   1,690 42
48,722   47,752 970
9,423   9,010 413
15,277   14,775 502
33,529   32,661 868
14,190   16,644 -2,454
6,896   7,870 -974
48,020   44,809 3,211
59,734   52,596 7,138
11,338   9,814 1,524
10,629   9,998 631
3,543   3,514 29
17,715   17,409 306
1,537   1,739 -202
10   9 1
307   315 -8
56,266   54,357 1,909
15,236   16,981 -1,745
10,106   8,358 1,748
57,723   42,051 15,672
13,161   17,262 -4,101
76,785   46,204 30,581
41,675   25,250 16,425
6,638   4,796 1,842
23,235   17,120 6,115
15,829   12,143 3,686
23,181   25,979 -2,798
87,758   46,574 41,184
43,879   26,757 17,122
18,649   17,010 1,639
11,553   8,032 3,521
30,909   19,564 11,345
37,183   26,268 10,915
117,565   83,829 33,736
18,502   17,093 1,409
8,510   12,611 -4,101
200,547   122,155 78,392
25,428   16,877 8,551
35,391   36,943 -1,552
81,487   84,874 -3,387
24,387   16,006 8,381
58,860   38,814 20,046
12,967   8,562 4,405
6,937   4,840 2,097
17,877   12,653 5,224
23,812   23,922 -110
40,496   39,079 1,417
35,917     35,917
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       1,219
b       565
c       684
d       195
e       -5,537
      2,405
      3,057
      -258
      1,301
      -701
      -14,816
      -1,559
      1,156
      2,308
      -3,170
      -8,943
      1,358
      -629
      -35
      262
      -810
      -10,773
      8,134
      -9,122
      2,404
      -5,099
      3,765
      266
      68
      559
      5,385
      27
      1,402
      385
      41,044
      3,457
      5,826
      136
      329
      49
      193
      403
      -1,021
      -408
      1,405
      1,076
      3,124
      15
      110
      1
      -88
      92
      60,436
      1,698
      6,895
      -1,511
      13,836
      4,447
      1,590
      -1,134
      -1,176
      22,473
      578
      5,084
      941
      1,978
      14,932
      528
      -1,556
      32,411
      3,346
      12,431
      -1,217
      627
      -135
      1,697
      493
      189
      -13,568
      5,494
      7,660
      -570
      -1,599
      3,323
      -36,449
      -3,526
      2,764
      5,512
      -7,395
      -20,266
      -570
      3,103
      -1,574
      -48
      -2,287
      -24,457
      18,988
      -20,808
      5,783
      -1,670
      -15,432
      8,615
      591
      5,235
      60
      12,352
      870
      92,889
      9,506
      18,593
      42
      970
      413
      502
      868
      -2,454
      -974
      3,211
      7,138
      1,524
      631
      29
      306
      -202
      1
      -8
      1,909
      -1,745
      1,748
      15,672
      -4,101
      30,581
      16,425
      1,842
      6,115
      3,686
      -2,798
      41,184
      17,122
      1,639
      3,521
      11,345
      10,915
      33,736
      1,409
      -4,101
      78,392
      8,551
      -1,552
      -3,387
      8,381
      20,046
      4,405
      2,097
      5,224
      -110
      1,417
      35,917
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 2 619,678
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))
2014 297,707 6,014,266 0.049500
2013 275,264 5,485,986 0.050176
2012 244,413 5,054,994 0.048351
2011 228,301 4,949,054 0.046130
2010 251,994 4,671,195 0.053946
2
Total of line 1, column (d) .....................
20.248103
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
0.049621
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
5,980,688
5
Multiply line 4 by line 3......................
5
296,768
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
7,640
7
Add lines 5 and 6........................
7
304,408
8
Enter qualifying distributions from Part XII, line 4.............
8
309,934
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 7,640
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 7,640
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 7,640
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 5,920
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 9,720
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,080
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,080 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
     
    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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 2015, 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  
    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
    Yes
     
    ........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 2015?.............
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 (2015)
    Form 990-PF (2015)
    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
    SPINNAKER TRUST TRUSTEE
    0.67     		34,282 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. 211,309
    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. 10,000
    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. 15,000
    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. 70,000
    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
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    5,857,593
    b
    Average of monthly cash balances.......................
    1b
    214,171
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,071,764
    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
    6,071,764
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    91,076
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,980,688
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    299,034
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    299,034
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    7,640
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,640
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    291,394
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    5,000
    5
    Add lines 3 and 4............................
    5
    296,394
    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
    296,394
    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
    309,934
    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
    309,934
    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
    7,640
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    302,294
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 296,394
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 1,193
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 1,193
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 309,934
    a Applied to 2014, 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 2015 distributable amount..... 296,394
    e Remaining amount distributed out of corpus 13,540
    5 Excess distributions carryover applied to 2015. 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 14,733
    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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. 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 2010 not
    applied on line 5 or line 7 (see instructions) ...     		1,193
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		13,540
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015.... 13,540
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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 email address 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 (2015)
    Form 990-PF (2015)
    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
    ART VAN PROGRAM
    7 PARK STREET
    BATH,ME04530     		  501(c)(3) ORGANIZATI GENERAL SUPPORT 1,500
    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 YOUTHLINKS PROGRAM 8,000
    CHEWONKI FOUNDATION
    485 CHEWONKI NECK ROAD
    WISCASSET,ME04578     		  501(c)(3) ORGANIZATI CAPITAL EQUIPMENT PURCHASES 15,000
    COASTAL MOUNTAINS LAND TRUST
    101 MOUNT BATTIE STREET
    CAMDEN,ME04843     		  501(c)(3) ORGANIZATI GENERAL SUPPORT 10,000
    CONSERVATION LAW FOUNDATION
    47 PORTLAND STREET SUITE 4
    PORTLAND,ME04101     		  501(c)(3) CORPORATIO GENERAL SUPPORT 10,000
    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 2,500
    MAINE COAST HERITAGE TRUST
    1 BOWDOIN MILL ISLAND SUITE 201
    TOPSHAM,ME04086     		  501(c)(3) ORGANIZATI GENERAL SUPPORT 211,309
    MAINE FIBER ARTS
    13 MAIN STREET
    TOPSHAM,ME04086     		  501(c)(3) ORGANIZATI GENERAL SUPPORT 3,500
    NATURAL RESOURCES COUNCIL OF MAINE
    3 WADE STREET
    AUGUSTA,ME04330     		  501(c)(3) ORGANIZATI GENERAL SUPPORT 15,000
    PENOBSCOT BAY YMCA AND TEEN CENTER
    PO BOX 840
    ROCKPORT,ME04856     		  501(c)(3) CORPORATIO GENERAL SUPPORT 5,000
    PENOBSCOT MARINE MUSEUM
    5 CHURCH STREET
    BELFAST,ME04974     		  501(c)(3) ORGANIZATI GENERAL SUPPORT 1,000
    SHEEPSCOT WELLSPRING LAND ALLIANCE
    PO BOX 371
    LIBERTY,ME04949     		  501(c)(3) ORGANIZATI GENERAL SUPPORT 8,000
    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 2,500
    WAYFINDERS (FORMERLY COMMUNITY SCHOOL)
    PO BOX 555
    CAMDEN,ME04843     		  501(c)(3) ORGANIZATI General Support 5,000
    Total .................................bullet 3a 306,309
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    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....     14 171,210  
    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 ............     		    18 619,678  
    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).. 0 790,888 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13790,888
    (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 (2015)
    Form 990-PF (2015)
    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 organizations?
    Yes
    No
    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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE ALDERMERE FOUNDATION
     
    C/O SPINNAKER TRUST
    EIN:
    01-6059906
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M COMPANY 0 0
    ACCENTURE PLC 155,083 201,058
    ALERIAN MLP 0 0
    ASTRAZENECA PLC 180,773 183,738
    AT&T INC 152,268 168,196
    BAXTER INTL INC 0 0
    CHEVRON CORP 100,222 119,107
    DOW CHEM CO 91,737 99,150
    DU PONT E.I. DE NEMOURS & CO 49,106 77,455
    INTEL CORP 169,010 220,928
    JOHNSON & JOHNSON 112,904 197,120
    KIMBERLY CLARK CORP 0 0
    KIMCO REALTY CORP 115,317 111,635
    KRAFT HEINZ CO 85,386 116,998
    MCDONALDS CORP 185,381 232,145
    METLIFE INC 145,401 127,323
    MICROSOFT CORP 113,784 212,544
    NESTLE SA ADR 0 0
    PEPSICO INC 112,813 119,305
    RAYONIER INC 142,684 104,229
    SUN TRUST BANKS INC 125,105 139,830
    WASTE MANAGEMENT INC 104,451 129,635
    WELLS FARGO & CO 84,214 131,443
    Cisco Systems Inc. 155,586 179,005
    TARGET CORP 135,522 129,101
    GENERAL ELEC CO 131,465 163,413
    PFIZER INC 155,631 143,517
    WELLTOWER 129,652 136,741

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE ALDERMERE FOUNDATION
     
    C/O SPINNAKER TRUST
    EIN:
    01-6059906
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISHARES CURRENCY HEDGED MSCI GERMANY AT COST 228,503 215,309
    ISHARES MSCI ALL COUNTRY ASIA EX JAPAN INDEX AT COST 0 0
    ISHARES S&P PREF STK INDEX FUND AT COST 196,807 201,010
    LASSALLE HOTEL PROPERTIES AT COST 0 0
    UTILITIES SELECT SECTOR SPDR AT COST 69,168 75,610
    VANGUARD FTSE DEVELOPED MARKETS ETF AT COST 0 0
    WISDOMTREE EUROPE HEDGED EQUITY ETF AT COST 0 0
    WISDOM TREE INT'L MIDCAP DIVIDEND FUND AT COST 0 0
    WISDOMTREE JAPAN HEDGED EQUITY ETF AT COST 0 0
    WISDOMTREE MIDCAP DIVIDEND FUND AT COST 90,081 98,544
    WISDOMTREE SMALLCAP DIVIDEND FUND AT COST 146,587 146,871
    FIRST TRUST NORTH AMER ENGY INFRAS ETF AT COST 232,027 183,538
    ISHARES CORE MSCI EMERGING MARKETS ETF AT COST 246,418 236,694
    ISHARES CORE MSCI EUROPE AT COST 276,063 272,406
    ISHARES MSCI EMU INDEX FUND AT COST 301,880 299,698
    ISHARES MSCI INDIA AT COST 95,892 93,281
    ISHARES MSCI JAPAN INDEX AT COST 344,484 339,021

    TY 2015 TaxesSchedule
    Name:
    THE ALDERMERE FOUNDATION
     
    C/O SPINNAKER TRUST
    EIN:
    01-6059906
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2014 FEDERAL INCOME TAX 1,946 0   0
    2015 FEDERAL ESTIMATED INCOME TAX 5,920 0   0
    FOREIGN TAX PAID 3,914 0   0