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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE MARY ALICE FORTIN FOUNDATION
 
% DANIELLE H MOORE
Number and street (or P.O. box number if mail is not delivered to street address)201 CHILEAN AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH, FL33480
A Employer identification number

59-2469696
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$335,776,691J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,261,473
2 Check bullet.............
3 Interest on savings and temporary cash investments 8 8  
4 Dividends and interest from securities... 3,856,227 3,856,227  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 27,856,307
b Gross sales price for all assets on line 6a 76,153,766
7 Capital gain net income (from Part IV, line 2)... 27,856,307
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 2,985,252 2,962,579  
12 Total. Add lines 1 through 11........ 36,959,267 34,675,121  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,715,819 857,909   857,910
14 Other employee salaries and wages...... 57,330 28,665   28,665
15 Pension plans, employee benefits....... 234,867 117,434   117,433
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 54,892 27,446 0 27,446
c Other professional fees (attach schedule).... Click to see attachment 1,909,027 1,909,027    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 559,775 88,462   25,538
19 Depreciation (attach schedule) and depletion... Click to see attachment 55,646    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 169,096 22,507   139,837
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,756,452 3,051,450 0 1,196,829
25 Contributions, gifts, grants paid....... 11,068,150 11,068,150
26 Total expenses and disbursements. Add lines 24 and 25 15,824,602 3,051,450 0 12,264,979
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 21,134,665
b Net investment income (if negative, enter -0-) 31,623,671
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 7,316,552 7,216,804 7,216,804
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 115,428,864 Click to see attachment139,528,000 267,237,509
c Investments—corporate bonds (attach schedule)....... 1,048,490 Click to see attachment1,807,072 1,819,548
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 40,215,154 Click to see attachment40,041,114 54,883,062
14 Land, buildings, and equipment: basis bullet3,490,605
Less: accumulated depreciation (attach schedule) bullet290,617 3,248,645 Click to see attachment3,199,988 3,490,605
15 Other assets (describe bullet) Click to see attachment143,437 Click to see attachment1,129,163 Click to see attachment1,129,163
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 167,401,142 192,922,141 335,776,691
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment240,873 Click to see attachment1,080,977
23 Total liabilities (add lines 17 through 22)......... 240,873 1,080,977
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...........    
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........ 167,160,269 191,841,164
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)..... 167,160,269 191,841,164
30 Total liabilities and net assets/fund balances (see instructions). 167,401,142 192,922,141
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
167,160,269
2
Enter amount from Part I, line 27a .....................
2
21,134,665
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,546,230
4
Add lines 1, 2, and 3 ..........................
4
191,841,164
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
191,841,164
Form 990-PF (2021)
Form 990-PF (2021)
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 LITIGATION PROCEEDS P    
c SUNTEX MARINA LIQUIDATION P    
d AIP RIVERVIEW HEDGE FUND P    
e COST OF SALES ADJUSTMENT P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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 73,800,130   47,263,897 26,536,233
b 836   0 836
c 1,702,062   1,003,062 699,000
d 530,000     530,000
e     30,500 -30,500
      120,738
      120,738
      120,738
      120,738
      120,738
      120,738
      120,738
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       26,536,233
b       836
c       699,000
d       530,000
e       -30,500
       
       
       
       
       
       
       
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 27,856,307
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 439,569
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 439,569
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 117,559
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 500,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 617,559
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 6,752
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 10 171,238
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet171,238 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see attachment....................
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see attachment
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 XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletDANIELLE H MOORE Telephone no.bullet (561) 835-0103

    Located atbullet201 CHILEAN AVEPALM BEACHFL ZIP+4bullet33480
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    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)? ......................
    1a(5)
     
    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.) ...............
    1a(6)
     
    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
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    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? .............
    5a(5)
     
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    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?
    7a
     
    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? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DANIELLE HICKOX MOORE PRES/TREAS
    0     		588,306 58,000 0
    277 PENDLETON AVENUE
    PALM BEACH,FL33480
    LESLY S SMITH DIRECTOR
    0     		493,667 58,000 0
    300 CHAPEL HILL ROAD
    PALM BEACH,FL33480
    SUSAN STOCKARD CHANNING DIRECTOR
    0     		384,296 58,000 0
    2282 SOUTH OCEAN BLVD 7-1
    PALM BEACH,FL33480
    NICK R CLADIS DIRECTOR
    0     		30,000 0 0
    1931 MULBERRY DRIVE
    BILLINGS,MT59102
    LARRY ALEXANDER DIRECTOR
    0     		129,550 58,000 0
    215 GARDEN RD
    PALM BEACH,FL33480
    CAROL MCCRACKEN SECRETARY
    0     		30,000 0 0
    245 BARTON AVE
    PALM BEACH,FL33480
    WALLACE R TURNER DIRECTOR
    0     		30,000 0 0
    1025 NORTH LAKE WAY
    PALM BEACH,FL33480
    WALTER L ROSS III DIRECTOR
    0     		30,000 0 0
    2550 KITTBUCK WAY
    WEST PALM BEACH,FL33411
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    BANK OF AMERICA MGT OF INVESTMENTS 390,528
    PO BOX 830269
    DALLAS,TX75283
    JP MORGAN CHASE BANK MGT OF INVESTMENTS 1,296,813
    205 ROYAL PALM WAY
    PALM BEACH,FL33480
    FIRST REPUBLIC MGT OF INVESTMENTS 57,751
    241 ROYAL PALM WAY
    PALM BEACH,FL33480
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-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 VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    291,252,963
    b
    Average of monthly cash balances.......................
    1b
    8,323,967
    c
    Fair market value of all other assets (see instructions)................
    1c
    14,274,477
    d
    Total (add lines 1a, b, and c).........................
    1d
    313,851,407
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    313,851,407
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    4,707,771
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    309,143,636
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    15,457,182
    Part X
    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 IX, line 6..................
    1
    15,457,182
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    439,569
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    439,569
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    15,017,613
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    15,017,613
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    15,017,613
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 15,017,613
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 9,210,045
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020...... 0
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 12,264,979
    a Applied to 2020, but not more than line 2a 9,210,045
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 3,054,934
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		11,962,679
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021.... 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NA
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SEE SCHEDULE ATTACHED
    SEE SCHEDULE ATTACHED
    SEE SCHEDULE ATTACHED,FL33480     		NONE PC GENERAL SUPPORT FOR PROGRAMS 11,068,150
    Total .................................bullet 3a 11,068,150
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    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 27,856,307  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aNADG US SUPERMARKET ANCHORED FUND     		    41 506,988  
    bNADG TUCSON SPECTRUM FUND     41 159,481  
    cNICHEALTH LP 900099 -634 41 -19,360  
    dENTERPRISE PRODUCTS PARTNERS (PTP) 900099 20,710 41 -311  
    eNADG US CORE PLUS ACQUISITION FUND     41 107,702  
    fALPHAKEYS KKR FUND XI 900099 2,112 41 188,638  
    gPE PREMIER BLACKSTONE EP II     41 125,738  
    hPLAINS ALL AMERICAN 900099 -5,797 41 -2,654  
    iNADG REAL ESTATE OPP FD     41 356,269  
    jPETERSHILL II OFFSHORE LP 900099 22,408 41 367,156  
    kSUNTEX MARINA LLC 900099 -5,098 41 -4,335  
    lASHBRIDGE TRANSFORMATIONAL     41 41,270  
    mFUNDAMENTAL GLOBAL HLDGS     41 2,435  
    nCARLYLE STRUCTURED CREDIT     41 543,726  
    oNADG REAL ESTATE OPP FD II     41 280,153  
    pKKR HEALTHCARE STRATEGIC GROWTH 900099 -6,734 41 100,415  
    qNORTH HAVEN TACTICAL VALUE FD (BLOCKED)     41 92,198  
    rNORTH HAVEN TV FEEDER FD     41 -34,115  
    sSRP OPPORTUNITIES II     41 184,716  
    tPLAINS ALL AMERICAN 900099 -1,880 41 -287  
    12 Subtotal. Add columns (b), (d), and (e) .. 22,962 34,674,832  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    34,697,794
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


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

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    THE MARY ALICE FORTIN FOUNDATION
     
    Employer identification number

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






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE MARY ALICE FORTIN FOUNDATION
          		Employer identification number
    59-2469696
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    MARY ALICE FORTIN IRREVOCABLE TRUST
    201 CHILEAN AVE
     
    PALM BEACH, FL33480

    		$ 700,000


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

    		$ 1,561,473


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE MARY ALICE FORTIN FOUNDATION
          		Employer identification number

    59-2469696
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE MARY ALICE FORTIN FOUNDATION
          		Employer identification number

    59-2469696
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 54,892 27,446   27,446

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

    TY 2021 DepreciationSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    201 CHILEAN BLDG 2016-09-30 1,970,398 216,842 M39   50,521      
    201 CHILEAN LAND 2016-09-30 1,313,599   L          
    201 CHILEAN LHI 2017-06-30 199,619 18,129 M39   5,118      
    201 CHILEAN A/C 2021-12-23 6,988   M39   7      

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Name of Bond End of Year Book Value End of Year Fair Market Value
    JP MORGAN 94033003 167,418 208,824
    B OF A 0602 71,395 75,607
    JP MORGAN 2644001 1,568,259 1,535,117

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Name of Stock End of Year Book Value End of Year Fair Market Value
    B OF A #0602 NET OF PTP ACTV 19,476,152 53,588,208
    B OF A #4349 6,961,664 14,892,358
    B OF A #8667 7,512,854 10,740,750
    JP MORGAN 3035003 NET OF PTP 17,003,927 20,620,840
    JP MORGAN 78700007 12,655,983 32,488,085
    JP MORGAN 78704009 11,337,956 20,439,701
    JP MORGAN 82405007 2,620,721 4,417,295
    JP MORGAN 82644001 9,653,393 11,283,754
    JP MORGAN 82646006 10,673,880 28,202,414
    MORGAN STANLEY 110944 5,984,688 6,183,985
    MERRILL LYNCH 02179 3,284,390 5,215,835
    JP MORGAN 94033003 NET OF PTP 12,329,432 20,151,381
    JP MORGAN 93717002 0 0
    B OF A #3782 5,453,775 12,378,416
    FIRST REPUBLIC 148083 4,299,757 10,478,833
    B OF A #6228 4,738,099 8,221,421
    MORGAN STANLEY 42850 132,084 140,890
    MORGAN STANLEY 42833 486,082 525,092
    MORGAN STANLEY 42834 820,631 804,956
    MORGAN STANLEY 42855 466,739 520,301
    JP MORGAN 60791 3,635,793 5,942,994

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NADG US SUPERMARKET ANCHORED AT COST 987,229 987,229
    LEGACY HARMONY AT COST 1,254,237 3,461,735
    ALPHAKEY KKR FUND AT COST 346,812 746,481
    KKR HEALTH CARE STRATEGY FUNDS AT COST 1,934,092 3,011,796
    NADG US CORE PLUS ACQU FD AT COST 1,417,198 1,417,198
    NADG US CORE PLUS SYNDIC COSTS AT COST 60,000 60,000
    N. HAVEN TACTICAL VALUE FUNDS AT COST 1,881,375 2,294,392
    NADG ARASON VILLAGE AT COST 981,776 981,776
    ALTERNATIVE INVEST - JPM 4001 AT COST 306,123 300,206
    ALTERNATIVE INVEST - JPM 35003 AT COST 1,583,066 1,913,052
    RIVERVIEW SOF III CAYMAN AT COST 692,992 3,189,544
    OTHER INVEST - JPM 33003 AT COST 108,000 102,480
    ALTERNATIVE INVEST - JPM 33003 AT COST 143,911 419,290
    ALTERNATIVE INVEST - JPM 00007 AT COST 483,653 1,578,324
    BLACKSTONE EP II OFFSHORE AT COST 1,632,186 1,530,019
    PETERSHILL II OFFSHORE LP AT COST 3,147,967 4,339,812
    ROC SR H&M PROP INTL FD AT COST 1,663,244 2,218,304
    FUNDAMENTAL GLOBAL HLDGS AT COST 826,801 826,801
    NADG REAL ESTATE OPP FD AT COST 1,286,541 1,286,541
    SUNTEX MARINA INVESTORS, LLC AT COST 0 0
    ABRAAJ LEGACY, EVERCARE, GHF AT COST 2,349,261 570,062
    NADG NNN PROPERTY FUND AT COST 3,059,787 3,059,788
    NADG NNN CONVERTIBLE PREFERRED AT COST 1,250,735 1,250,735
    ASHBRIDGE TRANS - MS119799 AT COST 2,465,714 7,548,350
    CARLYLE STRUCTURED CREDIT AT COST 1,720,213 1,709,269
    SRP OPPORTUNITIES II AT COST 2,439,263 2,877,697
    NADG REAL ESTATE OPP FD 2 AT COST 1,022,475 1,022,475
    AIP RIVERVIEW CUSTOM HEDGE FD AT COST 0 1,183,243
    NADG BRENTWOOD VILLAGE AT COST 1,828,832 1,828,832
    NADG TUCSON SPECTRUM AT COST 1,570,300 1,570,300
    NICHEALTH LP AT COST 534,544 534,544
    NADG RAIDERS WAY AT COST 197,058 197,058
    NADG PC TOWER AT COST 254,162 254,162
    NADG BAYSHORE RESIDENCES AT COST 611,567 611,567

    TY 2021 LandEtcSchedule2
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    201 CHILEAN BLDG 1,970,398 267,363 1,703,035  
    201 CHILEAN LAND 1,313,599   1,313,599  
    201 CHILEAN LHI 199,619 23,247 176,372  
    201 CHILEAN A/C 6,988 7 6,981  


    TY 2021 OtherAssetsSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDEND&INTEREST RECEIVABLE 6,619 35,651 35,651
    PREPAID 990-T TAX 19,190 12,984 12,984
    DUE FROM FORTIN FOUNDATION 69 0 0
    PREPAID 990-PF TAX 117,559 0 0
    SALE PROCEEDS RECEIVABLE 0 911,392 911,392
    DISTRIBUTION REC PETERSHILL 0 169,136 169,136


    TY 2021 OtherExpensesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE, PRINTING, DUES 31,513 15,756   15,757
    D & O INSURANCE 8,522 4,261   4,261
    PENSION EXPENSE 3,494 1,747   1,747
    POSTAGE 1,980     1,980
    MEALS & ENTERTAINMENT 7,355     7,355
    MEETING EXPENSES 7,368     7,368
    INSURANCE - BUILDING 484 242   242
    CORPORATE ANNUAL REPORT 61 31   30
    CREDIT CARD FEES 126     126
    TRAVEL 100,501     100,501
    MISCELLANEOUS EXPENSES 940 470   470
    PENALTIES 6,752      


    TY 2021 OtherIncomeSchedule2
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NADG TUCSON SPECTRUM FUND 159,481 159,481  
    ENTERPRISE PRODUCTS PARTNERS (PTP) 20,399 -274  
    ALPHAKEYS KKR FUND XI 190,750 188,802  
    NADG US CORE PLUS ACQUISITION FUND 107,702 107,702  
    NADG US SUPERMARKET ANCHORED FD 506,988 506,992  
    NICHEALTH LP -19,994 -19,360  
    Plains All American LP 2015 -2,167 -282  
    NADG Real Estate Opp Fd LP 356,269 356,269  
    Suntex Marina Investors LLC -9,433 -4,313  
    PE PREMIER BLACKSTONE ENERGY II OFFSHORE 125,738 125,738  
    PETERSHILL II OFFSHORE LP 389,564 367,156  
    Plains All American LP 2016 -8,451 -2,605  
    FUNDAMENTAL GLOBAL HLDGS LP 2,435 2,435  
    CARLYLE STRUCTURED CREDIT FD 543,726 543,726  
    ASHBRIDGE TRANSFORMATIONAL SEC FD 41,270 41,270  
    NADG REAL ESTATE OPPTYS FD NO 2 280,153 280,153  
    KKR HEALTHCARE STRATEGIC GROWTH 93,681 100,420  
    NORTH HAVEN TV BLOCKED AIV 92,198 92,198  
    NORTH HAVEN TV FEEDER FD -34,115 -34,115  
    NORTH HAVEN TV (AIV) 25,986 25,986  
    SRP OPPORTUNITIES II 184,716 184,719  
    ICAHN ENTERPRISES -3,505 -1,380  
    NADG ARASAN APARTMENTS -18,224 -18,224  
    NADG BAYSHORE RESIDENCES -6,433 -6,433  
    NADG BRENTWOOD VILLAGE -25,168 -25,168  
    NADG PC TOWER -5,838 -5,838  
    MISC INCOME 466 466  
    NADG RAIDERS WAY -2,942 -2,942  


    TY 2021 OtherIncreasesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description Amount
    INVESTMENT TAX BASIS ADJUSTMENT 3,546,230


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Description Beginning of Year - Book Value End of Year - Book Value
    DUE TO FORTIN FOUNDATION 10,000 10,000
    PROFIT SHARING PLAN PAYABLE 230,730 234,867
    AMEX PAYABLE 143 808
    DEPOSIT DUE TO DH 0 200,000
    MERGER TRANSACTION B OF A 0602 0 90,000
    MERGER TRANSACTION B OF A 3782 0 216,540
    FEDERAL 990-PF TAX PAYABLE 0 328,762


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES - MS 110944 24,536 24,536    
    INVESTMENT FEES - ML 02179 34,248 34,248    
    ADR FEES - B OF A 7,318 7,318    
    INVESTMENT FEES - B OF A 4349 101,148 101,148    
    INVESTMENT FEES - B OF A 0602 20,104 20,104    
    INVESTMENT FEES - JPM 73035003 24,387 24,387    
    INVESTMENT FEES - JPM 78704009 19,642 19,642    
    ADR FEES - JPM 78704009 149 149    
    INVESTMENT FEES - JPM 94033003 17,953 17,953    
    ADR FEES - JPM 74033003 566 566    
    INVESTMENT FEES - JPM 93717002 1,046 1,046    
    INVESTMENT FEES - UBS 19538 175 175    
    INVESTMENT FEES - JPM 82405007 5,000 5,000    
    ADR FEES - JPM 82405007 149 149    
    INVESTMENT FEES - JPM 82646006 26,794 26,794    
    INVESTMENT FEES - JPM 82644001 14,268 14,268    
    INVESTMENT FEES - FIRST REPUBL 57,751 57,751    
    INVESTMENT FEES - JPM 78700007 31,188 31,188    
    INVESTMENT FEES - CLADIS 99,668 99,668    
    INVESTMENT FEES - DF DENT 235,180 235,180    
    INVESTMENT FEES - D WINTHROP 196,422 196,422    
    INVESTMENT FEES - LEVIN 38,158 38,158    
    INVESTMENT FEES - B OF A 3782 9,833 9,833    
    INVESTMENT FEES - ROANOKE 257,117 257,117    
    INVESTMENT FEES - STRATEGIC 62,628 62,628    
    INVESTMENT FEES - B OF A 8667 30,314 30,314    
    ADR FEES - JPM 7002 557 557    
    ADR FEES - MORGAN STANLEY 274 274    
    INVESTMENT FEES - CHILTON 105,506 105,506    
    INVESTMENT FEES - NICHOLAS 73,236 73,236    
    INVESTMENT FEES - PETERHILL 20,189 20,189    
    INVESTMENT FEES - BRANDYWINE 231,626 231,626    
    INVESTMENT FEE - NH TACTICAL 5,626 5,626    
    INVESTMENT FEE - RIVERVIEW SOF 49,965 49,965    
    INVESTMENT FEES - FARR MILLER 50,386 50,386    
    INVESTMENT MONITOR FEES AGNELL 4,000 4,000    
    INVESTMENT FEES - MS 42833 4,851 4,851    
    INVESTMENT FEES - MS 42834 6,957 6,957    
    INVESTMENT FEES - MS 42855 4,338 4,338    
    ADR FEES - JPM 60791 36 36    
    INVESTMENT FEES - JPM 60791 35,738 35,738    


    TY 2021 TaxesSchedule
    Name:
    THE MARY ALICE FORTIN FOUNDATION
    EIN:
    59-2469696
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES - B OF A 4349 506 506    
    FOREIGN TAXES - B OF A 0602 29,323 29,323    
    FOREIGN TAXES - JPM 73035003 2,656 2,656    
    FOREIGN TAXES -JPM 82646006 1,311 1,311    
    FOREIGN TAXES - MS 110944 2,950 2,950    
    PAYROLL TAXES 50,437 25,218   25,219
    FOREIGN TAX - JPM 78700007 1,058 1,058    
    FOREIGN TAX - JPM 78704009 4,081 4,081    
    FOREIGN TAX - JPM 94033003 6,775 6,775    
    FOREIGN TAX - JPM 93717002 1,533 1,533    
    FOREIGN TAX - JPM 82405007 1,316 1,316    
    FOREIGN TAX - JPM 82644001 8,362 8,362    
    FOREIGN TAX - MS 42833 27 27    
    PROPERTY & STATE INCOME TAXES 597 278   319
    FEDERAL EXCISE TAX 990-PF 439,569      
    FEDERAL EXCISE TAX 990-T 6,206      
    FOREIGN TAX - B OF A 8667 665 665    
    FOREIGN TAX - FIRST REPUBLIC 45 45    
    FOREIGN TAX - MS 42855 1,369 1,369    
    FOREIGN TAX - ML 02179 546 546    
    FOREIGN TAX - JPM 60791 443 443