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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE MARY ALICE FORTIN FOUNDATION
 
% DANIELLE H MOORE
Number and street (or P.O. box number if mail is not delivered to street address)201 CHILEAN AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH, FL33480
A Employer identification number

59-2469696
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$218,684,168J 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) 6,311,560
2 Check bullet.............
3 Interest on savings and temporary cash investments 174 174  
4 Dividends and interest from securities... 3,829,006 3,829,006  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 18,403,020
b Gross sales price for all assets on line 6a 86,924,343
7 Capital gain net income (from Part IV, line 2)... 18,403,020
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 912,067 505,095  
12 Total. Add lines 1 through 11........ 29,455,827 22,737,295  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,418,666 709,333   709,333
14 Other employee salaries and wages...... 13,000 6,500   6,500
15 Pension plans, employee benefits....... 220,000 110,000   110,000
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 52,383 26,192 0 26,191
c Other professional fees (attach schedule).... Click to see attachment 1,780,451 1,780,451    
17 Interest............... 192 192    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 347,001 98,834   18,502
19 Depreciation (attach schedule) and depletion... Click to see attachment 55,639 13,910  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 72,602 25,394   44,790
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,959,934 2,770,806 0 915,316
25 Contributions, gifts, grants paid....... 9,208,950 9,208,950
26 Total expenses and disbursements. Add lines 24 and 25 13,168,884 2,770,806 0 10,124,266
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 16,286,943
b Net investment income (if negative, enter -0-) 19,966,489
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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......... 7,156,194 9,104,102 9,104,102
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) 2,163,366 Click to see attachment0 0
b Investments—corporate stock (attach schedule)....... 126,742,050 Click to see attachment136,325,147 175,886,426
c Investments—corporate bonds (attach schedule)....... 502,158 Click to see attachment341,340 383,297
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 22,148,138 Click to see attachment29,112,899 29,801,028
14 Land, buildings, and equipment: basis bullet3,483,617
Less: accumulated depreciation (attach schedule) bullet123,695 3,415,560 Click to see attachment3,359,922 3,359,922
15 Other assets (describe bullet) Click to see attachment30,502 Click to see attachment149,393 Click to see attachment149,393
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 162,157,968 178,392,803 218,684,168
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment246,982 Click to see attachment250,994
23 Total liabilities (add lines 17 through 22)......... 246,982 250,994
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 161,910,986 178,141,809
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 161,910,986 178,141,809
31 Total liabilities and net assets/fund balances (see instructions). 162,157,968 178,392,803
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
161,910,986
2
Enter amount from Part I, line 27a .....................
2
16,286,943
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
178,197,929
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
56,120
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
178,141,809
Form 990-PF (2018)
Form 990-PF (2018)
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 PUBLICLY TRADED SECURITIES P   2018-12-31
b BASIS ADJUSTMENT - LEGACY RESERVE P   2018-12-31
c BASIS ADJUSTMENT - BLACKSTONE     2018-12-31
d BASIS ADJUSTMENT - ENTERPRISE PROD P   2018-12-31
e BASIS ADJUSTMENT - HI-CRUSH P   2018-12-31
BASIS ADJUSTMENT - KKR P   2018-12-31
BASIS ADJUSTMENT - JPMORGAN P   2018-12-31
BASIS ADJUSTMENT - MS P   2018-12-31
BASIS ADJUSTMENT - USTRUST P   2018-12-31
LITIGATION PROCEEDS P   2018-12-31
BASIS ADJUSTMENT - UBS P   2018-12-31
BASIS ADJUSTMENT - OTHER P   2018-12-31
BASIS ADJUSTMENT - ML P   2018-12-31
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 86,850,665   68,667,309 18,183,356
b       172,216
c       6,790
d       32,260
e       2,606
      -6,310
      -44,584
      35,972
      -27,636
2,511   0 2,511
      17,657
      -27,848
      -15,137
      71,167
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       18,183,356
b        
c        
d        
e        
       
       
       
       
      2,511
       
       
       
       
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 18,403,020
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))
2017 9,820,560 219,545,425 0.044731
2016 10,256,653 198,987,183 0.051544
2015 6,675,108 204,203,206 0.032689
2014 6,779,132 198,686,414 0.03412
2013 5,414,872 171,398,837 0.031592
2
Total of line 1, column (d) .....................
2
0.194676
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.038935
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
233,838,763
5
Multiply line 4 by line 3......................
5
9,104,512
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
199,665
7
Add lines 5 and 6........................
7
9,304,177
8
Enter qualifying distributions from Part XII, line 4,.............
8
10,124,266
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 199,665
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 199,665
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 199,665
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 178,671
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 125,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 303,671
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 1,616
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 10 102,390
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet102,390 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the 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 (2018)
    Form 990-PF (2018)
    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 addressbullet  
    14
    The books are in care ofbulletDANIELLE H MOORE Telephone no.bullet (561) 835-0103

    Located atbullet201 CHILEAN AVEPALM BEACHFL ZIP+4bullet33480
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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
     
     
    ........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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DANIELLE HICKOX MOORE PRES/TREAS
    0     		493,270 55,000 0
    277 PENDLETON AVENUE
    PALM BEACH,FL33480
    LESLY S SMITH DIRECTOR
    0     		408,813 55,000 0
    300 CHAPEL HILL ROAD
    PALM BEACH,FL33480
    SUSAN STOCKARD CHANNING DIRECTOR
    0     		317,262 55,000 0
    2282 SOUTH OCEAN BLVD 7-1
    PALM BEACH,FL33480
    NICK R CLADIS DIRECTOR
    0     		30,000 0 0
    1931 MULBERRY DRIVE
    BILLINGS,MT59102
    LARRY ALEXANDER DIRECTOR
    0     		116,821 55,000 0
    215 GARDEN RD
    PALM BEACH,FL33480
    CAROL MCCRACKEN SECRETARY
    0     		30,000 0 0
    245 BARTON AVE
    PALM BEACH,FL33480
    MELANIE NIELSEN DIRECTOR
    0     		7,500 0 0
    1933 S OLIVE AVE
    WEST PALM BEACH,FL33401
    WALLACE R TURNER DIRECTOR
    0     		7,500 0 0
    1025 NORTH LAKE WAY
    PALM BEACH,FL33480
    WALTER L ROSS III DIRECTOR
    0     		7,500 0 0
    2550 KITTBUCK WAY
    WEST PALM BEACH,FL33411
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    MORGAN STANLEY MGT OF INVESTMENTS 183,443
    1 NEW YORK PLAZA 12TH FL
    NEW YORK,NY10004
    US TRUST MGT OF INVESTMENTS 301,716
    132 ROYAL PALM WAY
    PALM BEACH,FL33480
    JP MORGAN CHASE BANK MGT OF INVESTMENTS 1,035,514
    205 ROYAL PALM WAY
    PALM BEACH,FL33480
    SRP OPPORTUNITIES II LP mgt of investments 102,615
    3811 TURTLE CREEK BLVD SUITE 1100
    DALLAS,TX75219
    MERRILL LYNCH mgt of investments 50,624
    249 ROYAL PALM WAY STE 200
    PALM BEACH,FL33480
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    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.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    228,746,798
    b
    Average of monthly cash balances.......................
    1b
    8,652,961
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    237,399,759
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    237,399,759
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,560,996
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    233,838,763
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    11,691,938
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    11,691,938
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    199,665
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    199,665
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    11,492,273
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    11,492,273
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    11,492,273
    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
    10,124,266
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    10,124,266
    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
    199,665
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    9,924,601
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 11,492,273
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 9,798,690
    b Total for prior years:2016, 2015, 2014  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 10,124,266
    a Applied to 2017, but not more than line 2a 9,798,690
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 325,576
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		11,166,697
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NA
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number 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 (2018)
    Form 990-PF (2018)
    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
    SEE SCHEDULE ATTACHED
    SEE SCHEDULE ATTACHED
    SEE SCHEDULE ATTACHED,FL33480     		NONE PC GENERAL SUPPORT FOR PROGRAMS 9,208,950
    Total .................................bullet 3a 9,208,950
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		    14 174  
    4 Dividends and interest from securities....     14 3,829,006  
    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 18,403,020  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aNADG US SUPERMARKET ANCHORED FUND     		    41 145,053  
    bBRIDGE MULTIFAMILY COMMERCIAL OFFICE FUND II-B 900099   41 -2,019  
    cMISCELLANEOUS INCOME     41 9,410  
    dENTERPRISE PRODUCTS PARTNERS (PTP) 900099 1,775 41 5,615  
    eTHE BLACKSTONE GROUP (PTP IN JPM) 900099 275 41 2,918  
    fNADG US CORE PLUS ACQUISITION FUND     41 -78,141  
    gALPHAKEYS KKR FUND XI 900099 -12,154 41 -1,084  
    hPE PREMIER BLACKSTONE EP II     41 84,615  
    iPLAINS ALL AMERICAN 900099 -1,402 41 -6,931  
    jHI-CRUSH PARTNERS 900099 -24 41 6  
    kLEGACY RESERVES LP 900099 -164,407 41 111,786  
    lNADG REAL ESTATE OPP FD     41 -25,767  
    mPETERSHILL II OFFSHORE LP 900099 6,977 41 1,955  
    nSUNTEX MARINA LLC 900099 -45,883 41 18,244  
    oKKR & CO LP 900099 83 41 6,454  
    pALLIANCE BERNSTEIN HLDGS 900099 6,372 41 -724  
    qASHBRIDGE TRANSFORMATIONAL 900099 -15,236 41 902,206  
    rALLIANCE RESOURCE PARTNERS 900099 -377 41 -2,931  
    sFUNDAMENTAL GLOBAL HLDGS     41 -162,841  
    tCARLYLE STRUCTURED CREDIT     41 61,685  
    12 Subtotal. Add columns (b), (d), and (e).. -272,996 23,417,263  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    23,144,267
    (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 (2018)
    Form 990-PF (2018)
    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) (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) (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 (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE MARY ALICE FORTIN FOUNDATION
     
    Employer identification number

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






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE MARY ALICE FORTIN FOUNDATION
          		Employer identification number
    59-2469696
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    MARY ALICE FORTIN IRREVOCABLE TRUST  
    201 CHILEAN AVE
     
    PALM BEACH, FL33480

    		$ 2,500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    MARY ALICE FORTIN IRREVOCABLE TRUST  
    201 CHILEAN AVE
     
    PALM BEACH, FL33480

    		$ 3,811,560


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE MARY ALICE FORTIN FOUNDATION
          		Employer identification number

    59-2469696
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 7,000 sh APPLE INC $ 1,266,580 2018-11-29
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 40,000 SH INTERNATIONAL BUSINESS MACHINES $ 4,920,000 2018-11-29
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE MARY ALICE FORTIN FOUNDATION
          		Employer identification number

    59-2469696
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 52,383 26,192   26,191

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

    TY 2018 DepreciationSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    201 CHILEAN BLDG 2016-09-30 1,970,398 65,279 M39   50,521      
    201 CHILEAN LAND 2016-09-30 1,313,599   L          
    201 CHILEAN LHI 2017-06-30 199,619 2,777 M39   5,118      

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Name of Bond End of Year Book Value End of Year Fair Market Value
    JP MORGAN 94033003 167,418 194,640
    ALEX BROWN J522 0 0
    US TRUST 0602 173,922 188,657

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Name of Stock End of Year Book Value End of Year Fair Market Value
    US TRUST #0602 NET OF PTP ACTV 20,127,560 37,055,110
    US TRUST #4349 6,497,046 8,751,546
    US TRUST #8667 4,134,175 4,004,129
    JP MORGAN 3030004 5,929,147 5,654,885
    JP MORGAN 3035003 14,058,912 11,151,413
    JP MORGAN 78700007 9,494,113 16,834,600
    JP MORGAN 78704009 8,357,536 11,874,292
    JP MORGAN 82405007 2,007,913 2,508,178
    JP MORGAN 82644001 8,180,138 9,186,673
    JP MORGAN 82646006 10,554,338 17,623,693
    MORGAN STANLEY 110944 8,085,162 7,939,103
    MERRILL LYNCH 02179 5,425,739 6,356,820
    JP MORGAN 94033003 11,012,460 12,578,971
    JP MORGAN 93717002 3,405,269 3,276,150
    US TRUST #1780 2,251,780 2,141,883
    US TRUST #3782 5,211,095 5,883,594
    ALEX BROWN J522 0 0
    RAYMOND JAMES MN662 1,981,225 2,187,061
    FIRST REPUBLIC 148083 3,173,847 4,892,950
    UBS 20179 1,887,593 1,640,326
    US TRUST #6228 4,550,099 4,345,049

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

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


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


     


    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NADG US SUPERMARKET ANCHORED AT COST 637,755 637,755
    LEGACY HARMONY AT COST 2,446,685 3,290,230
    ALPHAKEY KKR FUND AT COST 1,014,750 1,004,713
    KKR HEALTH CARE STRATEGY AT COST 251,951 403,796
    UBS MILLENNIUM FD AT COST 0 0
    NADG US CORE PLUS ACQU FD AT COST 1,003,653 1,003,653
    NADG US CORE PLUS SYNDIC COSTS AT COST 60,000 60,000
    NORTH HAVEN TACTICAL VALUE AT COST 46,885 46,885
    ALTERNATIVE INVEST - JPM 30004 AT COST 602,384 472,971
    ALTERNATIVE INVEST - JPM 4001 AT COST 84,922 85,835
    ALTERNATIVE INVEST - JPM 35003 AT COST 902,560 664,825
    RIVERVIEW SOF III CAYMAN AT COST 840,000 833,292
    ALTERNATIVE INVEST - JPM 33003 AT COST 260,998 376,295
    ALTERNATIVE INVEST - JPM 00007 AT COST 309,804 683,917
    BLACKSTONE EP II OFFSHORE AT COST 1,467,244 1,530,426
    PETERSHILL II OFFSHORE LP AT COST 3,527,609 3,690,361
    ROC SR H&M PROP INTL FD AT COST 1,720,741 2,045,063
    FUNDAMENTAL GLOBAL HLDGS AT COST 420,010 420,010
    ALTERNATIVE INVEST - JPM 5007 AT COST 201,661 176,786
    NADG REAL ESTATE OPP FD AT COST 1,522,264 1,522,264
    SUNTEX MARINA INVESTORS, LLC AT COST 868,502 868,502
    ABRAAJ GROWTH MKT HEALTH AT COST 1,547,871 1,460,194
    NADG NNN PROPERTY FUND AT COST 3,197,955 3,197,955
    ASHBRIDGE TRANS - MS119799 AT COST 2,547,902 1,959,185
    CARLYLE STRUC & BRIDGE MULTI AT COST 850,996 812,244
    SRP OPPORTUNITIES II AT COST 1,889,362 1,650,000
    NADG REAL ESTATE OPP FD 2 AT COST 487,894 487,894
    KKR HCSG BLOCKER PARENT AT COST 78,581 78,581
    NORTH HAVEN TV FEEDER FD AT COST 321,960 337,396

    TY 2018 LandEtcSchedule2
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    201 CHILEAN BLDG 1,970,398 115,800 1,854,598  
    201 CHILEAN LAND 1,313,599   1,313,599  
    201 CHILEAN LHI 199,619 7,895 191,724  


    TY 2018 OtherAssetsSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDEND&INTEREST RECEIVABLE 10,847 39,738 39,738
    PREPAID 990-T TAX 19,655 109,655 109,655


    TY 2018 OtherDecreasesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description Amount
    PRIOR YEAR LOSS NOT RECORDED ON BOOKS 56,120


    TY 2018 OtherExpensesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 28,889 14,444   14,445
    D & O INSURANCE 7,561 3,780   3,781
    FL CORPORATE FEE 61 30   31
    PENSION EXPENSE 5,600 2,800   2,800
    POSTAGE 2,200     2,200
    MEALS & ENTERTAINMENT 3,543     1,772
    MEETING EXPENSES 15,421     15,421
    BANK CHARGES 74 37   37
    INSURANCE - BUILDING 8,606 4,303   4,303
    PENALTIES 647      


    TY 2018 OtherIncomeSchedule2
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    misc income 9,410 9,410  
    THE BLACKSTONE GROUP (UST3782) (PTP) 8,901 8,134  
    ENTERPRISE PRODUCTS PARTNERS (PTP) 7,390 -83  
    THE BLACKSTONE GROUP L.P. (PTP) 3,193 2,918  
    ALPHAKEYS KKR FUND XI -13,238 237,991  
    BRIDGE MULTIFAMILY -2,019 -1,042  
    NADG US CORE PLUS ACQUISITION FUND -78,141 39,549  
    NADG US SUPERMARKET ANCHORED FD 145,053 186,732  
    ALLIANCE RESOURCE PARTNERS -3,308 377  
    Plains All American LP 2015 -2,145 193  
    Legacy Reserves LP -52,621 -17,899  
    NADG Real Estate Opp Fd LP -25,767 -8,540  
    Suntex Marina Investors LLC -27,639 -2,708  
    Blackstone EP II Offshore Feeder 84,615 214  
    PETERSHILL II OFFSHORE LP 8,932 74,528  
    Plains All American LP 2016 -6,188 1,209  
    KKR & CO LP 6,537 6,055  
    ALLIANCEBERNSTEIN HLDGS 5,648 1,172  
    FUNDAMENTAL GLOBAL HLDGS LP -162,841 91,331  
    HI-CRUSH PARTNERS -18 7  
    CARLYLE STRUCTURED CREDIT FD 61,685 45,246  
    ASHBRIDGE TRANSFORMATIONAL SEC FD 886,970 -6,796  
    NADG REAL ESTATE OPPTYS FD NO 2 -72,106 -13,126  
    KKR HEALTHCARE STRATEGIC GROWTH -58,211 -8,426  
    NORTH HAVEN TACTICAL VALUE 9,039 -1,290  
    NORTH HAVEN TV FEEDER FD -60,426 -54,478  
    SRP OPPORTUNITIES II 239,362 -85,583  


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description Beginning of Year - Book Value End of Year - Book Value
    DUE TO FORTIN FOUNDATION 10,000 10,000
    PROFIT SHARING PLAN PAYABLE 216,000 220,000
    FEDERAL EXCISE TAX DUE 20,982 20,994


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES - MS 110944 122,854 122,854    
    CHFS FEES - MS 110944 60,589 60,589    
    INVESTMENT FEES - ML 02179 50,624 50,624    
    ADR FEES - US TRUST 4 4    
    INVESTMENT FEES - UST 4349 81,457 81,457    
    INVESTMENT FEES - UST 0602 18,220 18,220    
    INVESTMENT FEES - JPM 73035003 21,492 21,492    
    INVESTMENT FEES - UBS 593 175 175    
    INVESTMENT FEES - JPM 78704009 12,992 12,992    
    ADR FEES - JPM 78704009 2,056 2,056    
    INVESTMENT FEES - JPM 73030004 21,435 21,435    
    INVESTMENT FEES - ALEX BROWN 23,043 23,043    
    INVESTMENT FEES - JPM 94033003 14,056 14,056    
    ADR FEES - JPM 74033003 608 608    
    INVESTMENT FEES - JPM 93717002 4,001 4,001    
    INVESTMENT FEES - UST 1780 6,144 6,144    
    INVESTMENT FEES - JPM 82405007 7,789 7,789    
    ADR FEES - JPM 82405007 124 124    
    INVESTMENT FEES - JPM 82646006 21,130 21,130    
    INVESTMENT FEES - JPM 82644001 18,466 18,466    
    INVESTMENT FEES - FIRST REPUBL 42,206 42,206    
    INVESTMENT FEES - JPM 78700007 20,241 20,241    
    INVESTMENT FEES - CLADIS 75,390 75,390    
    INVESTMENT FEES - CULLEN 16,006 16,006    
    INVESTMENT FEES - DF DENT 174,859 174,859    
    INVESTMENT FEES - D WINTHROP 129,918 129,918    
    INVESTMENT FEES - LEVIN 79,708 79,708    
    INVESTMENT FEES - UST 3782 13,695 13,695    
    INVESTMENT FEES - ROANOKE 203,639 203,639    
    INVESTMENT FEES - STRATEGIC 60,975 60,975    
    INVESTMENT FEES - UST 8667 36,619 36,619    
    ADR FEES - JPM 7002 4,904 4,904    
    ADR FEES - JPM 30004 56 56    
    INVESTMENT FEES - CHILTON 64,719 64,719    
    INVESTMENT FEES - DREMAN VALUE 20,683 20,683    
    INVESTMENT FEES - PIONEER FOUN 77,666 77,666    
    INVESTMENT FEES - NICHOLAS 51,150 51,150    
    INVESTMENT EXPENSE - UST 6228 9,030 9,030    
    INVESTMENT FEES - UBS 20179 9,189 9,189    
    SRP OPP II & PALOMA FEES 98,514 98,514    
    INVESTMENT FEES - BRANDYWINE 75,751 75,751    
    INVESTMENT FEE - NH TACTICAL 11,973 11,973    
    INVESTMENT FEE - RIVERVIEW SOF 16,301 16,301    


    TY 2018 TaxesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES - US TRUST 4349 5,375 5,375    
    FOREIGN TAXES - US TRUST 0602 2,412 2,412    
    FOREIGN TAXES - JPM 73035003 955 955    
    FOREIGN TAXES -JPM 82646006 1,071 1,071    
    FOREIGN TAXES - ML 02179 1,300 1,300    
    FOREIGN TAXES - MS 110944 7,861 7,861    
    PAYROLL TAXES 36,360 18,180   18,180
    FOREIGN TAX - JPM 78700007 1,308 1,308    
    FOREIGN TAX - JPM 78704009 11,326 11,326    
    FOREIGN TAX - JPM 3030004 152 152    
    FOREIGN TAX - JPM 94033003 7,510 7,510    
    FOREIGN TAX - FIRST REPUBLIC 19 19    
    FOREIGN TAX - JPM 93717002 22,622 22,622    
    FOREIGN TAX - JPM 82405007 1,716 1,716    
    FOREIGN TAX - JPM 82644001 1,437 1,437    
    FOREIGN TAX - UBS 268 268    
    PROPERTY TAX 644 322   322
    FEDERAL EXCISE TAXES 229,665      
    FLORIDA INCOME TAX 15,000 15,000