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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
John T Gorman Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)One Canal Plaza No 800
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Portland, ME04101
A Employer identification number

01-0498551
B Telephone number (see instructions)

(207) 518-6784
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$221,453,913J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 417,140 417,140  
4 Dividends and interest from securities... 1,113,210 1,113,210  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,453,811
b Gross sales price for all assets on line 6a 56,545,483
7 Capital gain net income (from Part IV, line 2)... 7,099,268
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 0 88,202  
12 Total. Add lines 1 through 11........ 2,984,161 8,717,820  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 451,878 38,286   413,592
14 Other employee salaries and wages...... 1,048,443 89,948   958,495
15 Pension plans, employee benefits....... 239,438 16,156   223,282
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 29,156 1,829   27,328
c Other professional fees (attach schedule).... Click to see attachment 994,810 712,110   282,700
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 680,792 8,643   0
19 Depreciation (attach schedule) and depletion... 104,294 0  
20 Occupancy.............. 167,027 9,187   157,840
21 Travel, conferences, and meetings....... 9,561 163   9,398
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 97,766 2,013   65,833
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,823,165 878,335   2,138,468
25 Contributions, gifts, grants paid....... 6,978,230 6,978,230
26 Total expenses and disbursements. Add lines 24 and 25 10,801,395 878,335   9,116,698
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,817,234
b Net investment income (if negative, enter -0-) 7,839,485
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 510,661 699,005 699,005
2 Savings and temporary cash investments......... 6,245,750 6,185,093 6,185,093
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   2,127,386    
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) bullet500,000
Less: allowance for doubtful accounts bullet0 500,000 500,000 500,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 516,549 523,627 523,627
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment20,019,278 20,019,278
b Investments—corporate stock (attach schedule)....... 45,599,908 Click to see attachment106,694,996 106,694,996
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment5,726,152 5,726,152
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 143,633,961 Click to see attachment80,586,591 80,586,591
14 Land, buildings, and equipment: basis bullet1,022,573
Less: accumulated depreciation (attach schedule) bullet503,402 606,597 Click to see attachment519,171 519,171
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 199,740,812 221,453,913 221,453,913
Liabilities 17 Accounts payable and accrued expenses.......... 460,891 585,354
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 attachment384,240 Click to see attachment950,718
23 Total liabilities (add lines 17 through 22)......... 845,131 1,536,072
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 198,895,681 219,917,841
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
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)..... 198,895,681 219,917,841
30 Total liabilities and net assets/fund balances (see instructions). 199,740,812 221,453,913
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
198,895,681
2
Enter amount from Part I, line 27a .....................
2
-7,817,234
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
28,839,394
4
Add lines 1, 2, and 3 ..........................
4
219,917,841
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
219,917,841
Form 990-PF (2020)
Form 990-PF (2020)
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    
b Pass-through from Partnerships P    
c
d
e
(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 50,900,026   49,446,215 1,453,811
b 5,645,457     5,645,457
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,453,811
b       5,645,457
c
d
e
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 7,099,268
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 108,969
c All other domestic foundations enter 1.39% 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........................... 3 108,969
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- ..... 5 108,969
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 84,663
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 100,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 184,663
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
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 75,694
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet75,694 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletME
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 addressbulletwww.jtgfoundation.org
    14
    The books are in care ofbulletMichael Bevilacqua Telephone no.bullet (207) 518-6784

    Located atbulletOne Canal Plaza No 800PortlandME ZIP+4bullet04101
    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 2020, 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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    Anthony Cipollone ex officio President, CEO, & Director
    40.00     		425,561 26,317 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Anne Dinsmore Director
    1.00     		0 0 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Maggie Christie Keohan Director
    2.00     		0 0 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Richard W Petersen Director
    1.50     		0 0 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Shawn O Gorman Chairman & Director
    2.00     		0 0 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Jeffrey J Gorman Vice Chairman & Director
    1.00     		0 0 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Weston Bonney Treasurer & Director
    2.00     		0 0 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Martha E Greene Secretary & Director
    2.00     		0 0 0
    One Canal Plaza Suite 800
    Portland,ME04101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    Nicole Witherbee Chief Program Office
    40.00     		223,302 16,277 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Michael Bevilacqua CFO
    40.00     		223,262 16,277 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Jennifer Beck Senior Program Assoc
    40.00     		119,131 15,149 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Alexis Mann Program Associate
    40.00     		81,722 14,073 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Lisa Margulies Program Associate
    40.00     		80,342 12,727 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    Cambridge Associates Investment Advisory Services 373,794
    125 High Street
    Boston,MA02110
    Northern Trust Company Investment Custody Services 127,105
    50 South LaSalle Street
    Chicago,IL60603
    Christopher Shea Comm. Development Consulting 93,636
    1720 Monkton Farms Drive
    Monkton,MD21111
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    191,895,108
    b
    Average of monthly cash balances.......................
    1b
    604,833
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    192,499,941
    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
    192,499,941
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,887,499
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    189,612,442
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    9,480,622
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    9,480,622
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    108,969
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    108,969
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    9,371,653
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    9,371,653
    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
    9,371,653
    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
    9,116,698
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    9,116,698
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    9,116,698
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 9,371,653
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 8,746,352
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 9,116,698
    a Applied to 2019, but not more than line 2a 8,746,352
    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 2020 distributable amount..... 370,346
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 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 ..........     		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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		9,001,307
    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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Anthony Cipollone
    One Canal Plaza Suite 800
    Portland,ME04101
    (207) 518-6784
    bThe form in which applications should be submitted and information and materials they should include:
    www.jtgfoundation.org
    cAny submission deadlines:
    See 2(b) above
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    See 2(b) above
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    AdCare Educational Institute of Maine Inc
    6 E Chestnut Street Suite 101
    Augusta,ME043305765     		N/A PC To sponsor the 2020 Opioid Summit 10,000
    Adoptive and Foster Families of Maine Inc
    304 Hancock Street Suite 2A
    Bangor,ME044016573     		N/A PC Financial assistance to provide food, heating and utilities, and beds or cribs 8,000
    Amistad
    PO Box 992
    Portland,ME041040992     		N/A PC To provide general operating support 15,000
    Androscoggin Head Start and Child Care DBA Promise Early Education Center
    269 Bates Street
    Lewiston,ME042407331     		N/A PC Funds to train new and existing child care workers via on-line credentialing courses 23,000
    Area Interfaith Outreach
    PO Box 113
    Rockland,ME048410113     		N/A PC To provide general operating support 15,000
    Aroostook County Action Program
    771 Main Street
    Presque Isle,ME047692201     		N/A PC To reduce family stress, isolation and child abuse through visits to at-risk families 15,000
    Augusta Food Bank
    161 Mount Vernon Avenue
    Augusta,ME043304230     		N/A PC To provide general operating support 15,000
    Avesta Housing Development Corporation
    307 Cumberland Avenue
    Portland,ME04101     		N/A PC To sponsor the 2020 Maine Affordable Housing Coalition's conference 1,500
    Axiom Education and Training Center
    3 Water Street
    Machias,ME046541017     		N/A PC To establish a statewide digital literacy training program 150,000
    Bangor Area Homeless Shelter
    263 Main Street
    Bangor,ME044016403     		N/A PC General operating support; to address the basic needs of vulnerable populations impacted by COVID-19 25,000
    Bangor Housing Development Corporation
    161 Davis Road
    Bangor,ME044012310     		N/A PC $100,000 for the Family Self Sufficiency Program; $20,000 to plan an Enhanced FSS Institute 120,000
    President and Trustees of Bates College
    216 Lane Hall 2 Andrews Road
    Lewiston,ME042400000     		N/A PC To provide scholarship support for Maine students 15,000
    Bath Housing Development Corporation
    80 Congress Avenue
    Bath,ME045301542     		N/A PC To support the Comfortably Home Program 20,000
    Bluehub Capital
    10 Malcolm X Boulevard Ground Floor
    Boston,MA021191775     		N/A PC To support the Working Communities Challenge 100,000
    Boys and Girls Club of Bangor
    161 Davis Road
    Bangor,ME044012310     		N/A PC To address the basic needs of vulnerable populations impacted by COVID-19. 25,000
    Boys and Girls Clubs of Southern Maine
    277 Cumberland Avenue
    Portland,ME041014919     		N/A PC $25,000 COVID-19 relief; $30,000 remote learning hubs; $25,000 general support 80,000
    Catholic Charities Maine
    307 Congress Street
    Portland,ME04101     		N/A PC $25,000 general support; $25,000 to support Cooking for Community 50,000
    Center for Children's Law and Policy Inc
    1701 K Street NW Suite 1100
    Washington,DC200061510     		N/A PC Maine Juvenile Justice Task Force; study of juvenile justice reform 18,000
    Cheverus High School
    267 Ocean Avenue
    Portland,ME041035707     		N/A PC To provide general operating support 5,000
    Coastal Enterprises Inc
    30 Federal Street
    Brunswick,ME040111510     		N/A PC To plan and implement the first year of a Child Care Business Lab in Lewiston's Tree Streets Neighborhood. 150,000
    Community Concepts
    240 Bates Street
    Lewiston,ME042407330     		N/A PC $75,000 Lewiston Workforce Initiative; $40,000 family relif; $20,000 vlogging project 135,000
    Council for a Strong America
    1212 New York Avenue NW Suite 300
    Washington,DC200053988     		N/A PC To support CSA's work co-leading the Right From The Start Coalition 40,000
    Day One
    525 Main Street
    South Portland,ME041065462     		N/A PC To support youth at greater risk of substance abuse or mental heath concerns due to COVID isolation 10,750
    Educate Maine
    482 Congress Street Suite 303
    Portland,ME041013437     		N/A PC To provide general operating support 2,500
    Falmouth Food Pantry
    271 Falmouth Road
    Falmouth,ME041052005     		N/A PC To provide general operating support 9,000
    Family Focus Inc
    29 Burbank Avenue Suite 1
    Brunswick,ME040112992     		N/A PC To support a strategic planning process on how to provide childcare during the COVID-19 Pandemic 2,500
    First Book
    1319 F Street 10th floor
    Washington,DC200041106     		N/A PC Books for children who may not be benefiting from a learning environment during the COVID-19 Pandemic 13,500
    Food and Medicine Jobs with Justice Education Fund
    20 Ivers Street
    Brewer,ME044122373     		N/A PC Food, volunteer, and delivery to low-income and house-bound community members 15,000
    Foundation for Maine's Community Colleges
    323 State Street
    Augusta,ME043307149     		N/A PC $10,000 Washington County Community College; $10,000 Leon A. Gorman Endowed Scholarship Fund. 20,000
    Foundation for Portland Public Schools
    353 Cumberland Avenue
    Portland,ME041012957     		N/A PC To support Portland Public Schools' Addressing the Opportunity Gap campaign 25,000
    Freeport High School
    30 Holbrook Street
    Freeport,ME04032     		N/A GOV To support Freeport High School's ENDEAVOR program 3,500
    Friends of the Long Creek Youth Development Center
    675 Westbrook Street
    South Portland,ME041061930     		N/A PC To provide general operating support 30,000
    Good Shepherd Food Bank
    PO Box 1807
    Auburn,ME042111807     		N/A PC $150,000 to improve access to nutritious food; $111,000 to provide general operating support 261,000
    Goodwill Industries of Northern New England
    34 Hutcherson Drive
    Gorham,ME04032     		N/A PC To support the YouthBuild Take 2 Program 107,000
    Great Schools Partnership Inc
    482 Congress Street Suite 500
    Portland,ME041013484     		N/A PC To support the 2021 Common Data Project annual Report 15,000
    Gulf of Maine Research Institute
    350 Commercial Street
    Portland,ME041014618     		N/A PC To provide general operating support 10,000
    HOME Inc
    PO Box 10
    Orland,ME044720010     		N/A PC To provide general operating support 10,000
    Hair Matters
    102 South Street Suite 2B
    Biddeford,ME040052310     		N/A PC To provide general operating support 5,000
    Healthy Acadia
    140 State Street
    Ellsworth,ME046051832     		N/A PC To support the Downeast Gleaning Initiative 25,000
    Hope Acts
    PO Box 7615
    Portland,ME041127615     		N/A PC To provide general operating support 20,000
    Inquiring Systems Inc
    101 Brookwood Avenue Suite 204
    Santa Rosa,CA954045259     		N/A PC To support Robin DiAngelo's keynote presentation on racial equity at USM 1,000
    Island Commons Resource Center
    132 Littlefield Road
    Chebeague Island,ME040173316     		N/A PC To provide general operating support 5,000
    Kennebec Valley Community Action Program
    97 W Street
    Waterville,ME049010000     		N/A PC To support efforts to reduce family stress, isolation and child during the COVID-19 Pandemic 40,000
    Knox County Homeless Coalition
    PO Box 1696
    Rockland,ME048411696     		N/A PC To provide general operating support 25,000
    Lake Region Senior Service
    PO Box 816
    Bridgton,ME040090816     		N/A PC Volunteer-based transportation service providing rides to medical appointments 10,000
    Legal Services for the Elderly
    5 Wabon Street
    Augusta,ME043307040     		N/A PC $78,000 to support the Elder Justice Coordinating Partnership; $50,000 general support. 128,000
    Lewiston Auburn Metropolitan Chamber of Commerce Foundation
    415 Lisbon Street Suite 100
    Lewiston,ME042407663     		N/A PC $100,000 Healthy Neighborhoods; $50,000 Strengthen LA initiative 150,000
    Lewiston Public Schools
    36 Oak Street
    Lewiston,ME04240     		N/A GOV To connect with homeless, at-risk and English Language Learner students and families 10,000
    Lewiston-Auburn Area Housing Development Corporation
    1 College Street
    Lewiston,ME042407175     		N/A PC To support the housing component of the CHOICE Grant Application 150,000
    Locker Project
    PO Box 3134
    Portland,ME041043134     		N/A PC To provide general operating support 10,000
    Maine Association for the Education Of Young Children
    295 Water Street Suite 10
    Augusta,ME043304659     		N/A PC $10,000 T.E.A.C.H. Scholarship; $15,000 Maine AEYC's Right From The Start Coalition 25,000
    Maine Association of Area Agencies on Aging
    PO Box 5415
    Augusta,ME04332     		N/A SO I $20,000/year to the Meals on Wheels programs at each of Maine's five Area Agencies on Aging 100,000
    Maine Association of Nonprofits
    565 Congress Street Suite 301
    Portland,ME041018300     		N/A PC $20,000 Get on Board Initiative; $10,000 to provide general operating support. 30,000
    Maine Cancer Foundation
    170 US Route 1 Suite 250
    Falmouth,ME041052152     		N/A PC To support the John T. Gorman Cancer Fund 150,000
    Maine CASA
    1 Court Street
    Augusta,ME04330     		N/A GOV Training and outreach related to the Maine Court Appointed Special Advocates 6,000
    Maine Coalition to End Domestic Violence
    PO Box 5188
    Augusta,ME043325188     		N/A PC $140,000 respond to domestic violence and abuse; $10,750 for at-risk women and children 150,750
    Maine Community Action Association
    162 Middle Street
    Farmington,ME049386908     		N/A PC $110,000 home repairs; $120,000 transportation; $5,000 Early Head Start Child Care 235,000
    Maine Community Foundation
    245 Main Street
    Ellsworth,ME046051613     		N/A PC For an ethnically equitable and culturally informed COVID-19 response 150,000
    Maine Equal Justice
    126 Sewall Street
    Augusta,ME043306822     		N/A PC $50,000 to support Invest in Tomorrow; $50,000 to provide general operating support 100,000
    Maine Huts and Trails
    496 Main Street Apartment C
    Kingfield,ME049474152     		N/A PC To provide general operating support 5,000
    Maine Immigrant and Refugee Services
    256 Bartlett Street
    Lewiston,ME04240     		N/A PC $20,000 safe learning hubs for remote learning; $10,000 general support 30,000
    Maine Initiatives
    56 North Street
    Portland,ME041012756     		N/A PC Immigrant-led and -serving organizations for domestic violence relief 40,000
    Maine Justice Foundation
    40 Water Street
    Hallowell,ME043471437     		N/A PC To provide general operating support 15,000
    Maine Philanthropy Center
    PO Box 9301
    Portland,ME041049301     		N/A PC To provide general operating support and sponsor the 2020 Philanthropy Partners Conference 13,830
    Maine Public Broadcasting Corporation
    1450 Lisbon Street
    Lewiston,ME042403514     		N/A PC To sponsor The Learning Space 3,000
    Maine Seacoast Mission
    6 Old Firehouse Lane
    Northeast Harbor,ME04662     		N/A PC To provide expanded food offerings and connections to basic needs resources 25,000
    MaineGeneral Medical Center
    35 Medical Center Parkway
    Augusta,ME043308160     		N/A PC $25,000 food and transit relief; $75,000 to support in-home parent coaching 100,000
    MaineHealth
    22 Bramhall Street
    Portland,ME041023134     		N/A PC $150,000 Supporting Families Growing Together Initiative; $25,000 food relief 175,000
    MaineHealth Care At Home
    15 Industrial Park Road
    Saco,ME040721804     		N/A PC General operating support, access to essential health care, telehealth, and urgent care 25,000
    MCH Inc
    46 Summer Street
    Rockland,ME048412920     		N/A PC To support the Meals on Wheels - Home to ME Program 20,000
    Mercy Hospital
    144 State Street
    Portland,ME04101     		N/A PC $100,000 post-secondary education; $20,000 One Mercy Campaign 120,000
    Mid Coast Hunger Prevention Program
    12 Tenney Way
    Brunswick,ME040112884     		N/A PC General support, food and rescue programs 20,000
    Midcoast Community Alliance
    10 State Road Box 293
    Bath,ME045306017     		N/A PC Outreach services for at-risk, homeless and/or unaccompanied youth 10,000
    Mid-Maine Homeless Shelter
    19 Colby Street
    Waterville,ME049015563     		N/A PC To provide general operating support 15,000
    Milestone Foundation
    65 India Street
    Portland,ME041014209     		N/A PC To provide general operating support 15,000
    Millinocket Memorial Library
    5 Maine Avenue
    Millinocket,ME044621416     		N/A PC To support Mobilize Katahdin 20,000
    Morrison Center
    60 Chamberlain Road
    Scarborough,ME040749192     		N/A PC To provide general operating support 5,000
    University of Southern Maine
    5703 Alumni Hall Suite 101
    Orono,ME044695703     		N/A PC Muskie School of Public Service 80,000
    My Place Teen Center
    755 Main Street
    Westbrook,ME040923416     		N/A PC To provide general operating support 10,000
    NAMI Maine
    52 Water Street
    Hallowell,ME043471467     		N/A PC To support adolescent mental health during the COVID-19 Pandemic 10,000
    New Beginnings
    134 College Street
    Lewiston,ME042406810     		N/A PC To address the needs of vulnerable persons under strain due to the Pandemic 50,000
    Northern Lighthouse Inc
    559 Sweden Street
    Caribou,ME04736     		N/A PC Case management services to homeless youth in Aroostook County 20,000
    OHI
    203 Maine Avenue
    Bangor,ME044014331     		N/A PC For the Brewer Area Food Pantry to serve local food-insecure residents and families 15,000
    Olympia Snowe Women's Leadership Institute
    1 Canal Plaza Suite 501
    Portland,ME041014083     		N/A PC To provide general operating support 5,000
    Penobscot Community Health Care
    103 Maine Avenue
    Bangor,ME044014330     		N/A PC Communication needs of individuals experiencing chronic homelessness in Penobscot County 15,000
    Penquis CAP Inc
    262 Harlow Street
    Bangor,ME04401     		N/A PC To support efforts to reduce family stress, isolation and child abuse during the Pandemic 25,000
    Peregrine Corporation (dba PSL Services)
    39 Darling Avenue
    South Portland,ME041062316     		N/A PC To provide general operating support 10,000
    Pine Tree Legal Assistance
    88 Federal Street
    Portland,ME041014205     		N/A PC To advance the Medical-Legal Lead Hazard Partnership 250,000
    Piscataquis Regional Food Center
    PO Box 264
    Dover Foxcroft,ME044260264     		N/A PC To provide general operating support 10,000
    Portland Adult Education
    14 Locust Street
    Portland,ME04101     		N/A GOV To increase literacy for families who are low-level English Language Learners 130,000
    Portland Community Health Center
    180 Park Avenue
    Portland,ME04102     		N/A PC To provide general operating support 25,000
    Portland Housing Authority
    14 Baxter Boulevard
    Portland,ME041011802     		N/A GOV $50,000 Family Self Sufficiency; $127,000 Youth Stability and Asset Building 177,000
    Portland Public Library
    5 Monument Square
    Portland,ME041014017     		N/A PC $25,000 Social Worker in Residence; $6,000 services for teen population 31,000
    Preble Street
    38 Preble Street 3rd Floor
    Portland,ME041012049     		N/A PC To address the needs of vulnerable persons under strain due to the Pandemic 77,500
    Bruce Roberts Santa Claus
    295 Gannett Drive
    South Portland,ME041066910     		N/A PC To support the annual toy drive 1,000
    Raise-Op Housing Cooperative
    145 Pierce Street Office 102
    Lewiston,ME042407343     		N/A PC To provide general operating support 50,000
    Restorative Justice Institute of Maine
    142 High Street Suite 315
    Portland,ME041012840     		N/A PC For young adult community accountability and peer support 50,000
    River Valley Healthy Communities Coalition
    PO Box 86
    Rumford,ME042760086     		N/A PC To provide general operating support 15,000
    Rural Community Action Ministry
    81 Church Hill Road
    Leeds,ME042633402     		N/A PC To provide general operating support 15,000
    St Andre Home Inc
    168 Prospect Street
    Biddeford,ME040053841     		N/A PC To support the Courage LIVES Outreach Program 15,000
    Salvation Army
    615 Slaters Lane
    Alexandria,VA223141112     		N/A PC To provide general operating support 5,000
    Senator George J Mitchell Scholarship Research Institute
    75 Washington Avenue Suite 2E
    Portland,ME041012665     		N/A PC $150,000 to support the Promise Scholar Program; $3,000 virtual Fall Gala 153,000
    Shalom House
    106 Gilman Street
    Portland,ME041023034     		N/A PC Funds for basic housing, transportation, and personal need services 10,000
    Spurwink Services
    901 Washington Avenue Suite 100
    Portland,ME041032842     		N/A PC To provide support for The Bridge Fund 25,000
    St Mary's Regional Medical Center
    208 Bates Street
    Lewiston,ME04240     		N/A PC To address the needs of vulnerable persons under strain due to the Pandemic 25,000
    St Martin de Porres Residence
    PO Box 7227
    Lewiston,ME042437227     		N/A PC To provide general operating support 10,000
    State of Maine
    1 State House Station
    Augusta,ME04333     		N/A GOV $75,000 ending hunger; $20,000 sleep education; $75,000 substance use; $50,000 outreach 220,000
    Sunrise County Economic Council
    7 Ames Way
    Machias,ME046541424     		N/A PC To support for Family Futures Downeast 210,000
    Sunrise Opportunities
    PO Box 88
    Machias,ME046540088     		N/A PC Operating support for the Community Caring Collaborative 45,000
    Tedford Housing
    PO Box 958
    Brunswick,ME040110958     		N/A PC To address the needs of vulnerable persons under strain due to the Pandemic 25,000
    The Gathering Place
    PO Box 171
    Brunswick,ME040110171     		N/A PC To support an emergency overnight shelter 5,000
    The Opportunity Alliance
    50 Lydia Lane
    South Portland,ME041062156     		N/A PC To reduce family stress, isolation and child abuse during the COVID-19 Pandemic 25,000
    The Progress Center
    5 Fore Street
    Oxford,ME042703306     		N/A PC To provide general operating support 15,000
    The Root Cellar
    94 Washington Avenue
    Portland,ME041012630     		N/A PC $25,000 food relief; $30,000 to support safe learning hubs 55,000
    The Shaw House
    PO Box 1578
    Bangor,ME044021578     		N/A PC Operating support to address needs under strain due to the COVID-19 Pandemic 50,000
    The Urban Institute
    500 Lenfant Plaza SW 2nd Floor
    Washington,DC200242274     		N/A PC To plan an Enhanced Family Self Sufficiency (FSS) Institute 30,400
    Tree Street Youth
    144 Howe Street
    Lewiston,ME042406421     		N/A PC $25,000 to support safe learning hubs; $7,000 youth support 32,000
    Trinity Jubilee Center
    247 Bates Street
    Lewiston,ME042407331     		N/A PC To provide general operating support 10,000
    Unitarian Universalist Association
    24 Farnsworth Street
    Boston,MA022101264     		N/A PC To provide support for the purchase of essential household and hygiene items 8,000
    United Way of Southern Maine
    550 Forest Avenue Suite 100
    Portland,ME04101     		N/A PC Grants for COVID-19 relief, economic development, education, and community improvement 465,000
    United Ways of Maine Inc
    121 Commercial Street
    Augusta,ME043304731     		N/A PC To support diversity, equity and inclusion training 5,000
    University of Maine School of Law Foundation
    246 Deering Avenue
    Portland,ME041022837     		N/A PC To support the Juvenile Justice Reform Project 105,500
    University of Maine System
    5703 Alumni Hall Suite 101
    Orono,ME044695703     		N/A GOV Senior support services; youth and homeless responses; financial literacy programs 215,000
    University System of New Hampshire
    5 Chenell Drive Suite 301
    Concord,NH033018522     		N/A PC $25,000 Carsey School of Public Policy; $30,000 Oxford County Resiliency Project 55,000
    Wabanaki Public Health and Wellness Inc
    1 Merchants Plaza
    Bangor,ME044018302     		N/A PC $60,000 to reduce family stress; $10,000 to support the Literacy and Love program 70,000
    Wabanaki Womens Coalition
    123 Richards Road
    Lincolnville,ME048495614     		N/A PC For the WWC and five tribal entities to address domestic violence and abuse 95,000
    Wayside Food Programs
    135 Walton Street
    Portland,ME04102     		N/A PC To address the needs of vulnerable populations under strain due to the COVID-19 Pandemic 50,000
    York County Community Action Corporation
    6 Spruce Street
    Sanford,ME040732917     		N/A PC To reduce family stress, isolation and child abuse 25,000
    York County Shelter Programs
    24 George Street
    Alfred,ME040023296     		N/A PC To address the needs of vulnerable populations under strain due to the COVID-19 Pandemic 25,000
    York Hospital
    15 Hospital Drive
    York,ME03909     		N/A PC To support the Bridges Program 15,000
    Youth Advocate Programs Inc
    PO Box 950
    Harrisburg,PA171080950     		N/A PC To enhance contract with the Maine Department of Corrections; advocacy services 50,000
    Youth and Family Outreach
    331 Cumberland Avenue
    Portland,ME041012957     		N/A PC To provide general operating support 5,000
    Total .................................bullet 3a 6,978,230
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 ...........     		    14 417,140  
    4 Dividends and interest from securities....     14 1,113,210  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,453,811  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aNet Adjustment for Amounts Reported on Schedules K-1     		  -82,096 14 88,202  
    b(Recorded on Books)     14 -6,106  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -82,096 3,066,257 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,984,161
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting & Tax Preparation Fees 29,156 1,829   27,328

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MFO Vanguard S/T INFL PROT-ADM 5,726,152 5,726,152

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CF Arrowstreet CAP GBL ALL CNTY Alpha EXTN FD (CAN) LTD 6,736,158 6,736,158
    CF Silchester INTL INV INTL Value Equity Trust 9,166,343 9,166,343
    MFO JOHCM International Select Fund 8,349,725 8,349,725
    CF CF WGI Emerging Markets Smaller Companies Fund 4,968,967 4,968,967
    CF The (Global) Emerging Markets Country Fund 5,015,792 5,015,792
    MFO Vanguard Total Stock Market Index Fund 10,529,790 10,529,790
    Kabouter International Opportunities Fund II LLC 3,961,443 3,961,443
    CF Tiger GBL Long Opportunities LTD 7,364,809 7,364,809
    CF Hillhouse China Value Feeder LTD 7,054,050 7,054,050
    Overlook Partners Fund 5,495,698 5,495,698
    CF Two Sigma Active EXTN US All Cap Equity Cayman Fund LTD 31,396,768 31,396,768
    CF Luxor Capital Partners Offshore 321,305 321,305
    CF Senator SGOF Liquidating Feeder LTD 133,928 133,928
    CF VCP Offshore LTD 116,346 116,346
    CF King Street Capital CL S Series 203 7,802 7,802
    CF King Street Capital CL S Series 210 3,270 3,270
    CF King Street Capital CL S Series 217 5,589 5,589
    CF King Street Capital CL S Series 224 10,546 10,546
    CF King Street Capital CL S Series 362 23,835 23,835
    CF King Street Capital CL S Series 371 21,385 21,385
    CF King Street Capital CL S Series 380 28,509 28,509
    CF King Street Capital CL S Series 437 6,877 6,877
    CF King Street Capital CL S Series 281 36,455 36,455
    CF King Street Capital CL S Series 287 3,665 3,665
    CF King Street Capital CL S Series 296 9,694 9,694
    CF King Street Capital CL S Series 308 2,925 2,925
    CF King Street Capital CL S Series 317 2,912 2,912
    CF King Street Capital CL S Series 326 12,040 12,040
    CF King Street Capital CL S Series 344 23,467 23,467
    CF King Street Capital CL S Series 353 54,099 54,099
    CF King Street Capital CL S Series 395 1,387 1,387
    CF King Street Capital CL S Series 302 1,092 1,092
    CF King Street Capital CL S Series 113 7,366 7,366
    CF King Street Capital CL S Series 80 30,430 30,430
    CF King Street Capital CL S Series 131 689 689
    CF King Street Capital CL S Series 137 4,643 4,643
    CF King Street Capital CL S Series 161 14,383 14,383
    CF King Street Capital CL S Series 168 4,727 4,727
    CF King Street Capital CL S Series 175 10,145 10,145
    CF King Street Capital CL S Series 196 5,990 5,990
    CF King Street Capital CL S Series 60 20,325 20,325
    CF King Street Capital CL S Series 119 16,611 16,611
    CF King Street Capital CL S Series 182 36,933 36,933
    CF King Street Capital CL S Series 189 7,778 7,778
    CF King Street Capital CL S Series 257 3,619 3,619
    CF King Street Capital CL S Series 266 17,055 17,055
    CF King Street Capital CL S Series 275 257 257
    CF King Street Capital CL S Series 412 9,166 9,166
    CF King Street Capital CL S Series 421 4,853 4,853
    CF King Street Capital CL S Series 231 4,720 4,720
    CF King Street Capital CL S Series 125 2,653 2,653
    CF King Street Capital CL S Series 238 2,024 2,024
    CF King Street Capital CL S Series 245 16,761 16,761
    CF King Street Capital CL S Series 90 3,739 3,739
    CF Davidson CL C Tranche 3 01 April 2020 1,146,470 1,146,470
    CF Davidson CL C Tranche 3 01 January 2018 4,456,988 4,456,988

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    US Government Securities - End of Year Book Value:

    20,019,278
    US Government Securities - End of Year Fair Market Value:

    20,019,278
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Independent Franchise Partners Global Equity LP FMV 11,749,644 11,749,644
    Fernbridge Capital Offshore Fund LTD FMV 4,188,880 4,188,880
    Lone Cascade FMV 12,364,116 12,364,116
    Elliot International Limited FMV 6,011,908 6,011,908
    Fir Tree International Value Fund FMV 2,909,522 2,909,522
    Accolade Partners Growth I FMV 592,821 592,821
    Accolade Partners IV FMV 3,640,145 3,640,145
    Accolade Partners V FMV 3,853,237 3,853,237
    Accolade Partners VI FMV 2,098,625 2,098,625
    Accolade Partners VII FMV 760,074 760,074
    Benefit Street Partners FMV 1,847,077 1,847,077
    CA Resources Fund (US Taxable) FMV 1,212,419 1,212,419
    Dover Street IX FMV 2,613,908 2,613,908
    Dover X FMV 556,729 556,729
    Dover Street VIII FMV 1,953,894 1,953,894
    Highbar Partners III FMV 1,376,467 1,376,467
    Hillhouse Fund III FMV 1,640,394 1,640,394
    Hillhouse Foucused Growth Fund V Feeder FMV 19,294 19,294
    Hillhouse Fund IV FMV 1,579,348 1,579,348
    Hillhouse Fund V Feeder FMV 19,508 19,508
    Hillhouse Venture Fund V Feder FMV 54,345 54,345
    Kline Hill Partners FMV 2,169,966 2,169,966
    Kline Hill Partners II FMV 2,264,574 2,264,574
    Kline Hill Offshore Fund III FMV 713,580 713,580
    Kiline Hill Opportunity Offshore FMV 282,947 282,947
    Moonrise China Partners I FMV 726,797 726,797
    Moonrise China Partners II FMV 236,112 236,112
    Moonrise Venture Partners I FMV 2,402,040 2,402,040
    Moonrise Venture Partners II FMV 1,149,427 1,149,427
    MVM V LP FMV 303,951 303,951
    Pelican Energy Partners II FMV 1,381,341 1,381,341
    Pelican Energy Partners III FMV 763,533 763,533
    Round Hill Music Royalty Fund FMV 2,486,343 2,486,343
    Sentinel Capital VI FMV 321,284 321,284
    Sentinel Junior Capital I FMV 358,246 358,246
    Truebridge V FMV 1,870,361 1,870,361
    AACP Tax Exempt FMV 1,148,670 1,148,670
    Asia Alternatives Delaware V FMV 111,190 111,190
    CA Resource Fund (US Tax Exempt) FMV 853,874 853,874

    TY 2020 LandEtcSchedule2
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture & Fixtures 239,654 157,140 82,514 82,514
    Computers & Equipment 44,621 23,839 20,782 20,782
    Leasehold Improvements 738,298 322,423 415,875 415,875


    TY 2020 OtherExpensesSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Office Expense 86,874 2,013   84,861
    Insurance 10,892 0   10,892
    Accrual to Cash Adjustment 0 0   -29,920


    TY 2020 OtherIncomeSchedule2
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Net Adjustment for Amounts Reported on Schedules K-1 6,106 88,202 6,106
    (Recorded on Books) -6,106   -6,106


    TY 2020 OtherIncreasesSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Description Amount
    Unrealized Gain on Investments 28,839,394


    TY 2020 OtherLiabilitiesSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Description Beginning of Year - Book Value End of Year - Book Value
    Deferred Tax Liability 384,240 950,718


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 712,110 712,110   0
    Program Consulting/Management Fees 282,700 0   282,700


    TY 2020 TaxesSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes 8,643 8,643   0
    Excise Taxes 672,149 0   0