-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
THE MEDWAY CHARITABLE TRUST
Number and street (or P.O. box number if mail is not delivered to street address)
901 SOUTH BOND STREET SUITE 400
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BALTIMORE
,
MD
21231
A Employer identification number
45-5521136
B
Telephone number (see instructions)
(410) 537-5452
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
5,300,387
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
82,206
81,802
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
118,233
b
Gross sales price for all assets on line 6a
832,564
7
Capital gain net income (from Part IV, line 2)
...
118,233
8
Net short-term capital gain
.........
0
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)
.......
-4,670
-4,670
12
Total.
Add lines 1 through 11
........
195,769
195,365
13
Compensation of officers, directors, trustees, etc.
27,000
27,000
14
Other employee salaries and wages
......
0
0
0
15
Pension plans, employee benefits
.......
0
0
16a
Legal fees (attach schedule)
.........
0
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
19,221
19,221
0
17
Interest
...............
0
18
Taxes (attach schedule) (see instructions)
...
7,226
2,120
0
19
Depreciation (attach schedule) and depletion
...
0
0
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
0
0
22
Printing and publications
..........
0
0
23
Other expenses (attach schedule)
.......
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
53,447
21,341
0
27,000
25
Contributions, gifts, grants paid
.......
218,542
218,542
26
Total expenses and disbursements.
Add lines 24 and 25
271,989
21,341
0
245,542
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-76,220
b
Net investment income
(if negative, enter -0-)
174,024
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
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
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
424,737
314,171
314,171
3
Accounts receivable
Less: allowance for doubtful accounts
0
0
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
0
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)
.......
2,471,456
2,563,648
3,720,477
c
Investments—corporate bonds (attach schedule)
.......
1,323,651
998,289
990,694
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
271,301
275,045
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
4,219,844
4,147,409
5,300,387
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
)
23
Total liabilities
(add lines 17 through 22)
.........
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
4,219,844
4,147,409
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
4,219,844
4,147,409
30
Total liabilities and net assets/fund balances
(see instructions)
.
4,219,844
4,147,409
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 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
4,219,844
2
Enter amount from Part I, line 27a
.....................
2
-76,220
3
Other increases not included in line 2 (itemize)
3
3,785
4
Add lines 1, 2, and 3
..........................
4
4,147,409
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
4,147,409
Form
990-PF
(2019)
Form 990-PF (2019)
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
5. COSTCO WHOLESALE CORPORATION
2017-11-08
2019-01-03
b
1. INTUITIVE SURGICAL INC
2013-08-30
2019-01-03
c
5. ESTEE LAUDER COMPANIES CL A
2018-10-11
2019-01-03
d
14. VISA INC CLASS A SHARES
2013-08-30
2019-01-03
e
8. ZOETIS INC
2017-11-13
2019-01-03
4. COSTCO WHOLESALE CORPORATION
2013-08-30
2019-01-04
2. INTUITIVE SURGICAL INC
2013-08-30
2019-01-04
4. ESTEE LAUDER COMPANIES CL A
2018-10-11
2019-01-04
11. ZOETIS INC
2017-11-13
2019-01-04
256. ALTABA INC
2015-09-29
2019-01-07
6. APPLE COMPUTER INC.
2013-05-31
2019-01-07
19. APPLE COMPUTER INC.
2018-12-14
2019-01-07
150. EBAY INC.
2014-10-29
2019-01-07
7. DEXCOM INC
2016-08-17
2019-01-18
2. INTUITIVE SURGICAL INC
2013-08-30
2019-01-18
3. DEXCOM INC
2016-08-17
2019-01-22
3. FLEETCOR TECHNOLOGIES INC
2015-08-04
2019-01-24
3. FLEETCOR TECHNOLOGIES INC
2015-08-05
2019-01-25
12. SALESFORCE COM INC
2013-08-30
2019-02-07
8. SALESFORCE COM INC
2013-08-30
2019-02-08
1. COSTCO WHOLESALE CORPORATION
2013-08-30
2019-02-14
2. COSTCO WHOLESALE CORPORATION
2013-08-30
2019-02-15
1. COSTCO WHOLESALE CORPORATION
2013-08-30
2019-02-19
1. COSTCO WHOLESALE CORPORATION
2013-08-30
2019-02-20
1. COSTCO WHOLESALE CORPORATION
2013-08-30
2019-02-21
4. COSTCO WHOLESALE CORPORATION
2013-08-30
2019-02-25
7. INTUIT INC.
2018-03-27
2019-02-25
2. ADOBE SYS INCORP
2016-04-18
2019-04-03
8. ADOBE SYS INCORP
2016-05-19
2019-04-03
3. COSTCO WHOLESALE CORPORATION
2013-08-30
2019-04-03
6. COSTCO WHOLESALE CORPORATION
2013-08-30
2019-04-03
6. INTUIT INC.
2018-03-26
2019-04-03
2. INTUIT INC.
2018-04-09
2019-04-03
62. T. ROWE PRICE GROUP INC
2016-02-02
2019-04-03
3. ADOBE SYS INCORP
2016-04-27
2019-04-04
6. INTUIT INC.
2017-05-23
2019-04-04
121. KINDER MORGAN INC
2015-06-23
2019-04-04
14. T. ROWE PRICE GROUP INC
2016-02-08
2019-04-04
18. APPLE COMPUTER INC.
2013-05-31
2019-04-16
16. ZOETIS INC
2017-05-30
2019-04-22
33. VISA INC CLASS A SHARES
2015-06-23
2019-05-01
2. PAYPAL HOLDINGS INC
2018-02-08
2019-05-06
2. PAYPAL HOLDINGS INC
2018-02-08
2019-05-06
4. PAYPAL HOLDINGS INC
2018-02-08
2019-05-10
4. PAYPAL HOLDINGS INC
2018-02-08
2019-05-14
4. PAYPAL HOLDINGS INC
2016-08-12
2019-05-15
21. MASTERCARD INC
2015-06-23
2019-05-16
9814.613 ARTISAN HIGH INCOME ADVI SOR
2015-12-23
2019-06-12
21146.617 BROWN ADVISORY INTERMEDIATE INCOME
2013-02-05
2019-06-12
149. ISHARES TRUST S&P 500 INDEX
2017-03-02
2019-06-12
1533. ISHARES RUSSELL 2000 INDEX FUND
2018-02-26
2019-06-12
14. APPLE COMPUTER INC.
2013-05-31
2019-06-14
138. REGIONS FINL CORP
2017-04-13
2019-06-24
15. REGIONS FINL CORP
2017-04-13
2019-06-24
130. REGIONS FINL CORP
2017-04-18
2019-06-25
91. REGIONS FINL CORP
2017-04-18
2019-06-25
185. REGIONS FINL CORP
2013-04-23
2019-06-25
2. CINTAS CORP.
2018-07-16
2019-07-02
1. CINTAS CORP.
2018-07-10
2019-07-03
5. CINTAS CORP.
2018-10-17
2019-07-05
1. CINTAS CORP.
2018-10-11
2019-07-08
11. DANAHER CORP
2016-08-10
2019-07-12
5. DANAHER CORP
2016-05-05
2019-07-12
7. DANAHER CORP
2013-08-30
2019-07-12
7. FLEETCOR TECHNOLOGIES INC
2015-08-05
2019-07-12
12. ZOETIS INC
2017-05-24
2019-07-12
2. DANAHER CORP
2013-08-30
2019-07-15
3. FLEETCOR TECHNOLOGIES INC
2015-07-30
2019-07-15
4. FLEETCOR TECHNOLOGIES INC
2015-09-18
2019-07-15
4. ZOETIS INC
2017-05-22
2019-07-15
1. FLEETCOR TECHNOLOGIES INC
2015-09-18
2019-07-16
1. FLEETCOR TECHNOLOGIES INC
2015-09-18
2019-07-17
4. FLEETCOR TECHNOLOGIES INC
2015-09-18
2019-07-17
5. FLEETCOR TECHNOLOGIES INC
2015-09-10
2019-07-18
82. CORTEVA INC
2018-11-29
2019-07-19
1. FLEETCOR TECHNOLOGIES INC
2015-07-28
2019-07-19
365. REGIONS FINL CORP
2013-04-23
2019-07-19
11. ACCENTURE PLC CL A
2015-06-23
2019-07-19
5. FLEETCOR TECHNOLOGIES INC
2015-10-21
2019-07-22
82. REGIONS FINL CORP
2013-04-16
2019-07-22
19. REGIONS FINL CORP
2013-04-16
2019-07-22
4. REGIONS FINL CORP
2013-04-16
2019-07-22
2. FLEETCOR TECHNOLOGIES INC
2015-10-07
2019-07-23
4. FLEETCOR TECHNOLOGIES INC
2017-08-15
2019-07-23
233. REGIONS FINL CORP
2013-04-19
2019-07-23
2. FLEETCOR TECHNOLOGIES INC
2017-08-15
2019-07-24
2. FLEETCOR TECHNOLOGIES INC
2017-04-28
2019-07-24
1. FLEETCOR TECHNOLOGIES INC
2017-04-28
2019-07-25
3. FLEETCOR TECHNOLOGIES INC
2017-08-14
2019-07-25
4. ACCENTURE PLC CL A
2015-06-23
2019-07-25
1. CORTEVA INC
2018-10-31
2019-07-26
5. ACCENTURE PLC CL A
2015-06-23
2019-07-26
11. DEXCOM INC
2016-09-28
2019-08-06
122. WELLS FARGO & CO-NEW
2015-06-23
2019-08-15
4. ADOBE SYS INCORP
2016-07-05
2019-09-06
1. INTUIT INC.
2017-05-17
2019-09-06
2. INTUIT INC.
2017-05-17
2019-09-06
2. ADOBE SYS INCORP
2016-07-05
2019-09-09
5. ADOBE SYS INCORP
2016-07-05
2019-09-09
1. INTUIT INC.
2017-05-17
2019-09-09
6. INTUIT INC.
2017-05-18
2019-09-09
3. ALIBABA GROUP HOLDING LTD A D R
2019-07-03
2019-09-30
10. ALIBABA GROUP HOLDING LTD A D R
2018-02-27
2019-09-30
6. EDWARDS LIFESCIENCES CORP
2018-07-27
2019-09-30
6. ALIBABA GROUP HOLDING LTD A D R
2019-07-05
2019-10-01
1. EDWARDS LIFESCIENCES CORP
2018-07-27
2019-10-01
2. INTUITIVE SURGICAL INC
2019-04-22
2019-10-02
12. DANAHER CORP
2013-08-30
2019-10-25
2. ADOBE SYS INCORP
2016-04-15
2019-10-29
4. DANAHER CORP
2013-08-30
2019-10-29
15. MICROSOFT CORP.
2019-09-09
2019-10-29
15. MICROSOFT CORP.
2019-09-09
2019-10-29
2. SALESFORCE COM INC
2013-08-30
2019-10-29
2. VISA INC CLASS A SHARES
2013-08-30
2019-10-29
2. ADOBE SYS INCORP
2016-04-28
2019-10-30
26. EDWARDS LIFESCIENCES CORP
2015-06-23
2019-10-30
4. SALESFORCE COM INC
2013-08-30
2019-10-30
4. ADOBE SYS INCORP
2016-04-28
2019-10-31
8. DANAHER CORP
2013-08-30
2019-10-31
1. EDWARDS LIFESCIENCES CORP
2018-07-27
2019-10-31
7. SALESFORCE COM INC
2014-04-28
2019-10-31
8. VISA INC CLASS A SHARES
2013-08-30
2019-10-31
1. EDWARDS LIFESCIENCES CORP
2018-07-27
2019-11-01
3. EDWARDS LIFESCIENCES CORP
2018-04-25
2019-11-04
2. EDWARDS LIFESCIENCES CORP
2018-04-25
2019-11-05
26. AMERIPRISE FINL INC
2018-05-02
2019-11-06
53. DOW INC
2018-11-02
2019-11-08
30. DOW INC
2018-11-29
2019-11-08
36. CHARLES SCHWAB CORP.
2013-03-22
2019-11-08
47. CHARLES SCHWAB CORP.
2013-03-22
2019-11-11
4. PAYPAL HOLDINGS INC
2016-08-12
2019-11-19
30. PAYPAL HOLDINGS INC
2016-08-16
2019-11-19
7. PAYPAL HOLDINGS INC
2016-08-11
2019-11-20
19. CARMAX INC
2015-06-02
2019-11-25
37. CARMAX INC
2018-10-11
2019-11-26
14. BWX TECHNOLOGIES INC
2018-07-16
2019-12-09
6. BWX TECHNOLOGIES INC
2018-07-16
2019-12-10
9. BWX TECHNOLOGIES INC
2018-03-29
2019-12-10
13. DEXCOM INC
2016-10-14
2019-12-10
1. DEXCOM INC
2016-10-14
2019-12-10
17. BWX TECHNOLOGIES INC
2018-04-02
2019-12-11
55. WELLS FARGO & CO-NEW
2015-06-23
2019-12-11
42. DUPONT DE NEMOURS INC WI
2018-11-02
2019-12-19
41. DUPONT DE NEMOURS INC WI
2018-11-29
2019-12-19
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
1,009
835
174
b
455
130
325
c
633
645
-12
d
1,809
613
1,196
e
655
553
102
820
448
372
934
260
674
517
516
1
918
707
211
15,272
7,599
7,673
885
390
495
2,804
3,156
-352
4,412
3,006
1,406
1,054
632
422
1,082
260
822
450
271
179
590
463
127
599
462
137
1,862
589
1,273
1,242
393
849
214
112
102
432
224
208
219
112
107
217
112
105
215
112
103
868
448
420
1,734
1,231
503
546
192
354
2,173
763
1,410
727
336
391
1,454
672
782
1,620
950
670
540
341
199
6,417
4,230
2,187
802
285
517
1,577
766
811
2,401
4,734
-2,333
1,440
919
521
3,590
1,171
2,419
1,594
996
598
5,420
2,290
3,130
221
148
73
222
148
74
441
296
145
438
296
142
444
154
290
5,318
2,016
3,302
94,122
90,000
4,122
225,211
235,362
-10,151
43,239
35,810
7,429
231,307
224,356
6,951
2,693
853
1,840
2,004
1,990
14
217
207
10
1,867
1,762
105
1,307
818
489
2,663
1,512
1,151
477
387
90
239
193
46
1,193
948
245
238
186
52
1,547
845
702
700
273
427
979
350
629
2,042
1,078
964
1,357
740
617
282
100
182
877
462
415
1,162
614
548
453
242
211
292
154
138
290
154
136
1,159
612
547
1,452
757
695
2,210
2,541
-331
291
151
140
5,555
2,927
2,628
2,148
1,080
1,068
1,458
731
727
1,239
656
583
287
152
135
60
32
28
580
289
291
1,159
574
585
3,561
1,849
1,712
580
286
294
579
284
295
286
142
144
859
426
433
780
393
387
28
29
-1
982
491
491
1,608
987
621
5,341
7,070
-1,729
1,149
379
770
290
126
164
578
252
326
557
190
367
1,395
474
921
278
126
152
1,648
733
915
501
524
-23
1,672
1,824
-152
1,320
868
452
991
1,042
-51
217
141
76
1,027
990
37
1,628
600
1,028
543
190
353
552
200
352
2,143
2,081
62
2,150
1,836
314
310
98
212
355
88
267
552
189
363
6,211
1,876
4,335
628
196
432
1,110
379
731
1,102
400
702
238
141
97
1,095
343
752
1,428
350
1,078
238
141
97
706
386
320
465
257
208
4,103
3,048
1,055
2,960
2,962
-2
1,675
1,681
-6
1,567
631
936
2,029
824
1,205
423
154
269
3,155
1,151
2,004
731
268
463
1,856
1,357
499
3,630
2,631
999
846
896
-50
362
383
-21
543
568
-25
2,813
1,098
1,715
219
82
137
1,037
1,067
-30
2,941
3,187
-246
2,684
3,606
-922
2,626
3,480
-854
35,041
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
174
b
325
c
-12
d
1,196
e
102
372
674
1
211
7,673
495
-352
1,406
422
822
179
127
137
1,273
849
102
208
107
105
103
420
503
354
1,410
391
782
670
199
2,187
517
811
-2,333
521
2,419
598
3,130
73
74
145
142
290
3,302
4,122
-10,151
7,429
6,951
1,840
14
10
105
489
1,151
90
46
245
52
702
427
629
964
617
182
415
548
211
138
136
547
695
-331
140
2,628
1,068
727
583
135
28
291
585
1,712
294
295
144
433
387
-1
491
621
-1,729
770
164
326
367
921
152
915
-23
-152
452
-51
76
37
1,028
353
352
62
314
212
267
363
4,335
432
731
702
97
752
1,078
97
320
208
1,055
-2
-6
936
1,205
269
2,004
463
499
999
-50
-21
-25
1,715
137
-30
-246
-922
-854
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
118,233
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
...................
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?
Yes
No
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))
2018
228,383
4,917,464
0.046443
2017
216,988
4,665,408
0.04651
2016
255,459
4,383,365
0.058279
2015
230,480
4,674,852
0.049302
2014
170,528
4,665,885
0.036548
2
Total
of line 1, column (d)
.....................
2
0.237082
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
0.047416
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
4,916,354
5
Multiply line 4 by line 3
......................
5
233,114
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
1,740
7
Add lines 5 and 6
........................
7
234,854
8
Enter qualifying distributions from Part XII, line 4
,.............
8
245,542
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
(2019)
Form 990-PF (2019)
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
and enter “N/A" on line 1.
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
1,740
here
and 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
1,740
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
1,740
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
3,331
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
1,900
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
5,231
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
3,491
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
1,740
Refunded
11
1,751
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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
SC
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 2019 or the taxable year beginning in 2019? 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
(2019)
Form 990-PF (2019)
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 address
14
The books are in care of
BROWN ADVISORY
Telephone no.
(410) 537-5452
Located at
901 S BOND STREET SUITE 400
BALTIMORE
MD
ZIP+4
21231
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
No
Organizations relying on a current notice regarding disaster assistance check here
........
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 2019?
.............
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 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 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 2019.)
..................
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 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
PETER H S WOOD
TRUSTEE
3
15,000
PO BOX 1138
MIDDLEBURG
,
VA
20118
WENDY WOOD
TRUSTEE
3
12,000
5 ORCHARD PASS
MT DESERT
,
ME
04660
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
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
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
NONE
Total
number of others receiving over $50,000 for professional services
.............
0
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
.........................
Form
990-PF
(2019)
Form 990-PF (2019)
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
4,701,937
b
Average of monthly cash balances
.......................
1b
289,285
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
4,991,222
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
4,991,222
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
74,868
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
4,916,354
6
Minimum investment return.
Enter 5% of line 5
..................
6
245,818
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
245,818
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
1,740
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
1,740
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
244,078
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
244,078
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
244,078
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
245,542
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
245,542
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
1,740
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
243,802
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
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
244,078
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
218,542
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
0
b
From 2015
......
0
c
From 2016
......
0
d
From 2017
......
0
e
From 2018
......
0
f
Total
of lines 3a through e
........
0
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
245,542
a
Applied to 2018, but not more than line 2a
218,542
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 2019 distributable amount
.....
27,000
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter 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
..........
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 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
217,078
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
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
0
10
Analysis of line 9:
a
Excess from 2015
....
0
b
Excess from 2016
....
0
c
Excess from 2017
....
0
d
Excess from 2018
....
0
e
Excess from 2019
....
0
Form
990-PF
(2019)
Form 990-PF (2019)
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 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
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)
2019
(b)
2018
(c)
2017
(d)
2016
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.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2019)
Form 990-PF (2019)
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)
a
Paid during the year
FRIENDS OF SANFORD STUD FARM
PO BOX 668
BROADALBIN
,
NY
12025
NONE
PC
GENERAL
25,000
FOXCROFT SCHOOL
PO BOX 5555
MIDDLEBURG
,
VA
20118
NONE
PC
GENERAL
5,000
UNIVERSITY OF PENN
3260 SOUTH STREET
PHILADELPHIA
,
PA
19104
NONE
PC
GENERAL
500
ACADIA WILDLIFE FOUNDATION
PO BOX 207
MT DESERT
,
ME
04660
NONE
PC
GENERAL
5,000
FRIENDS OF ACADIA
43 COTTAGE ST
BAR HARBOR
,
ME
04609
NONE
PC
GENERAL
6,000
PERC INC
PO BOX 232
GRAND ISLE
,
VT
05458
NONE
PC
GENERAL
10,000
HOLDERNESS SCHOOL
33 CHAPEL LANE
HOLDERNESS
,
NH
03245
NONE
PC
GENERAL
5,000
PIEDMONT ENVIRONMENTAL COUNCIL
45 HORNER ST
WARRENTON
,
VA
20186
NONE
PC
GENERAL
10,000
RED PANDA NETWORK
1859 POWELL ST STE 100
SAN FRANCISCO
,
CA
94133
NONE
PC
GENERAL
15,000
ACADIA FIRE FC INC
PO BOX 420
MOUNT DESERT
,
ME
04660
NONE
PC
GENERAL
12,500
SHENANDOAH NATIONAL PARK TRUST
404 EIGHTH ST NE STE D
CHARLOTTESVILLE
,
VA
22902
NONE
PC
GENERAL
5,000
PIEDMONT CHILD CARE CTR
9121 JOHN S MOSBY HWY
UPPERVILLE
,
VA
20184
NONE
PC
GENERAL
5,000
THE HEALTH WAGON
5626 PATRIOT DRIVE
WISE
,
VA
24293
NONE
PC
GENERAL
10,000
SPCA OF HANCOCK COUNTY
141 BAR HARBOR ROAD
TRENTON
,
ME
04605
NONE
PC
GENERAL
2,500
MUSEUM OF EARLY SOUTHERN DECORATIVE ARTS
600 SOUTH MAIN STREET
WINSTON SALEM
,
NC
271015329
NONE
PC
GENERAL
5,000
WINCHESTER MEDICAL CENTER AUXILIARY
PO BOX 3340
WINCHESTER
,
VA
22604
NONE
PC
GENERAL
771
MOUNT DESERT ISLAND HISTORICAL SOCIETY
373 SOUND DRIVE
MOUNT DESERT
,
ME
04660
NONE
PC
GENERAL
1,500
SOUTHWEST HARBOR LIBRARY
338 MAIN STREET
SOUTHWEST HARBOR
,
ME
04679
NONE
PC
GENERAL
750
WESTSIDE FOOD PANTRY
PO BOX 767
SOUTHWEST HARBOR
,
ME
04679
NONE
PC
GENERAL
750
JANE STERN DORADO CNTY LIBRARY
331 CALLE MENDEZ VIGO
DORADO
,
PR
00646
NONE
PC
GENERAL
5,000
NATIONAL TRUST FOR HISTORIC PRESERVATIO
2600 VIRGINIA AVENUE NW
WASHINGTON
,
DC
20037
NONE
PC
GENERAL
5,000
OAK SPRING GARDEN FOUNDATION
1776 LOUGHBOROUGH LN
UPPERVILLE
,
VA
20184
NONE
PC
GENERAL
5,000
GOOSE CREEK ASSOCIATION
PO BOX 1178
MIDDLEBURG
,
VA
20118
NONE
PC
GENERAL
5,000
MOUNT DESERT NURSING ASSOCIATION
12 SUMMIT ROAD
NORTHEAST HARBOR
,
ME
04662
NONE
PC
GENERAL
750
WYOMING COMMUNITY FOUNDATION
1472 N 5TH ST SUITE 201
LARAMIE
,
WY
82072
NONE
PC
GENERAL
30,000
DOWN EAST RC&D
PO BOX 208
GOULDSBORO
,
ME
04607
NONE
PC
BUELL HOMESTEAD PROJECT
5,000
MOUNT DESERT ECONOMIC DEVELOPMENT CORP
PO BOX 962
BAR HARBOR
,
ME
04660
NONE
PC
GENERAL
7,500
BARN ARTS COLLECTIVE
130 TREMONT RD
BASS HARBOR
,
ME
04653
NONE
PC
GENERAL
1,500
SOMESVILLE VILLAGE IMPROVEMENT SOCIETY
PO BOX 53
MOUNT DESERT
,
ME
04660
NONE
PC
GENERAL
1,500
THE NEIGHBORHOOD HOUSE
1 KIMBALL ROAD
NORTHEAST HARBOR
,
ME
04662
NONE
PC
GENERAL
1,521
KING BAUDOUIN FDN UNITED STATES
10 ROCKEFELLER PLAZA
NEW YORK
,
NY
10020
NONE
PC
GENERAL
5,000
SHELDRICK WILDLIFE TRUST USA
25283 CABOT ROAD SUITE 101
LAGUNA HILLS
,
CA
92653
NONE
PC
GENERAL
10,000
OCEANA
1025 CONNECTICUT AVE NW SUITE 200
WASHINGTON
,
DC
20036
NONE
PC
GENERAL
5,000
FRIENDS OF NOTRE-DAME DE PARIS INC
1717 PENNSYLVANIA AVE NW
WASHINGTON
,
DC
20006
NONE
PC
GENERAL
5,000
TRINITY EPISCOPAL CHURCH
9108 JOHN S MOSBY HIGHWAY
UPPERVILLE
,
VA
20184
NONE
PC
GENERAL
500
Total
.................................
3a
218,542
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2019)
Form 990-PF (2019)
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees 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
82,206
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not 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
118,233
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
CUMBERLAND FOREST,
900099
-4,670
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
-4,670
200,439
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
195,769
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
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
(2019)
Form 990-PF (2019)
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?
...........
Yes
No
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.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description