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
John T Gorman Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)One Canal Plaza 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$247,615,876J 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 694,587 694,587  
4 Dividends and interest from securities... 1,964,829 1,964,829  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 11,797,796
b Gross sales price for all assets on line 6a 58,347,770
7 Capital gain net income (from Part IV, line 2)... 18,560,337
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 0 952,182  
12 Total. Add lines 1 through 11........ 14,457,212 22,171,935  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 463,268 40,532   422,736
14 Other employee salaries and wages...... 1,093,668 96,904   996,764
15 Pension plans, employee benefits....... 251,351 17,073   234,278
16a Legal fees (attach schedule)......... Click to see attachment 1,500 0   1,500
b Accounting fees (attach schedule)....... Click to see attachment 30,480 2,253   28,227
c Other professional fees (attach schedule).... Click to see attachment 971,734 726,600   245,134
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 611,909 7,713   0
19 Depreciation (attach schedule) and depletion... 102,397 0  
20 Occupancy.............. 169,355 9,813   159,542
21 Travel, conferences, and meetings....... 2,820 0   2,820
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 109,403 6,980   -66,546
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,807,885 907,868   2,024,455
25 Contributions, gifts, grants paid....... 7,300,580 7,300,580
26 Total expenses and disbursements. Add lines 24 and 25 11,108,465 907,868   9,325,035
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,348,747
b Net investment income (if negative, enter -0-) 21,264,067
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............. 699,005 251,119 251,119
2 Savings and temporary cash investments......... 6,185,093 9,991,333 9,991,333
3 Accounts receivable bullet581,027
Less: allowance for doubtful accounts bullet     581,027 581,027
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.......... 523,627 545,588 545,588
10a Investments—U.S. and state government obligations (attach schedule) 20,019,278 Click to see attachment19,489,240 19,489,240
b Investments—corporate stock (attach schedule)....... 106,694,996 Click to see attachment89,486,177 89,486,177
c Investments—corporate bonds (attach schedule)....... 5,726,152 Click to see attachment6,027,311 6,027,311
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 80,586,591 Click to see attachment120,325,865 120,325,865
14 Land, buildings, and equipment: basis bullet1,024,015
Less: accumulated depreciation (attach schedule) bullet605,799 519,171 Click to see attachment418,216 418,216
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 221,453,913 247,615,876 247,615,876
Liabilities 17 Accounts payable and accrued expenses.......... 585,354 767,918
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 attachment950,718 Click to see attachment1,253,974
23 Total liabilities (add lines 17 through 22)......... 1,536,072 2,021,892
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........... 219,917,841 245,593,984
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)..... 219,917,841 245,593,984
30 Total liabilities and net assets/fund balances (see instructions). 221,453,913 247,615,876
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
219,917,841
2
Enter amount from Part I, line 27a .....................
2
3,348,747
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
22,327,396
4
Add lines 1, 2, and 3 ..........................
4
245,593,984
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
245,593,984
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 2020-12-30 2021-12-30
b Pass-through from Partnership P 2020-12-30 2021-12-30
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 51,585,229   39,787,433 11,797,796
b 6,762,541     6,762,541
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       11,797,796
b       6,762,541
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 18,560,337
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 0
3 Add lines 1 and 2........................... 3 295,571
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- ..... 5 295,571
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 285,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 250,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 535,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 1,192
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 10 238,237
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet238,237 RefundedBullet 11 0
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? ....................
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
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.
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)
    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 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 addressbulletwww.jtgfoundation.org
    14
    The books are in care ofbulletMichael Bevilacqua Telephone no.bullet (207) 518-6784

    Located atbulletOne Canal Plaza 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 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)
    Yes
     
    (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
     
    No
    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
     
     
    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
    Anthony Cipollone ex officio President, CEO, & Director
    40.00     		438,314 24,954 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 (part year)
    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     		242,350 17,406 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Michael Bevilacqua CFO
    40.00     		241,750 17,406 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Jennifer Beck Senior Program Assoc
    40.00     		122,659 14,815 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Alexis Mann Program Associate
    40.00     		91,990 14,189 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Lisa Margulies Program Associate
    40.00     		90,667 12,946 0
    One Canal Plaza Suite 800
    Portland,ME04101
    Total number of other employees paid over $50,000...................bullet 0
    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
    Cambridge Associates Investment Advisory Services 331,547
    125 High Street
    Boston,MA02110
    Northern Trust Company Investment Custody Services 128,315
    50 South LaSalle Street
    Chicago,IL60603
    Griffin Consulting Program Consulting 82,370
    38 Clearwater Road
    Chestnut Hill,MA02467
    Total number of others receiving over $50,000 for professional services.............bullet0
    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.........................bullet0
    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
    232,229,958
    b
    Average of monthly cash balances.......................
    1b
    475,062
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    232,705,020
    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
    232,705,020
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    3,490,575
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    229,214,445
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    11,460,722
    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
    11,460,722
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    295,571
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    19,239
    c
    Add lines 2a and 2b............................
    2c
    314,810
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    11,145,912
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    11,145,912
    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 XII, line 1 ...
    7
    11,145,912
    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 11,145,912
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 9,001,307
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 9,325,035
    a Applied to 2020, but not more than line 2a 9,001,307
    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 2021 distributable amount..... 323,728
    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 ..........     		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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		10,822,184
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    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....  
    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).)
    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:
    Nicole Witherbee
    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 (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
    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 9,000
    Alfond Youth and Community Center
    126 North Street
    Waterville,ME049014954     		N/A PC To increase access to youth and adolescent mental health 25,000
    Amistad
    PO Box 992
    Portland,ME041040992     		N/A PC To provide general operating support 20,000
    Area Interfaith Outreach
    PO Box 113
    Rockland,ME048410113     		N/A PC To support the Energy Assistance Program 15,000
    Aroostook County Action Program
    771 Main Street
    Presque Isle,ME047692201     		N/A PC To support the Family Safety Program 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 $125,000 for the Silver Hearth Fund; $20,000 to support the Maine Affordable Housing Coalition 145,000
    Bangor Area Homeless Shelter
    263 Main Street
    Bangor,ME044016403     		N/A PC To provide general operating support 20,000
    Bangor Housing Development Corporation
    161 Davis Road
    Bangor,ME044012310     		N/A PC $20,000 Brewer Community Ctr; $158,000 Families Forward; $45,000 Family Institute 223,000
    Bangor YMCA
    17 2nd Street
    Bangor,ME044016133     		N/A PC To increase access to youth and adolescent mental health 25,000
    Bath Housing Development Corporation
    80 Congress Avenue
    Bath,ME045301542     		N/A PC To support the Comfortably Home Program 20,000
    Belfast Public Health Nursing Association
    PO Box 287
    Belfast,ME049150287     		N/A PC To assist low income people in Waldo County with food, shelter, health, and safety needs 15,000
    Belfast Soup Kitchen
    PO Box 1153
    Belfast,ME049151153     		N/A PC To provide general operating support 15,000
    Bluehub Capital
    10 Malcolm X Boulevard Ground Floor
    Boston,MA021191775     		N/A PC To support the Working Communities Challenge 100,000
    Boothbay Region Community Resource Council
    PO Box 43
    Boothbay Harbor,ME045380043     		N/A PC To provide general operating support 15,000
    By Kids Inc
    330 West End Avenue
    New York,NY100238171     		N/A PC To support a six-day Film Institute workshop in Lewiston with local immigrant and refugee youth 49,500
    Caring Unlimited
    965 Main Street
    Sanford,ME040733764     		N/A PC To provide general operating support 15,000
    Castine Community Partners Inc
    PO Box 506
    Castine,ME044210506     		N/A PC To support the Castine Area Relief Fund 10,000
    Center for a Green Future Growing to Give
    30 E Coxon Road
    Brunswick,ME040117183     		N/A PC To provide general operating support 5,000
    Center For An Ecology-Based Economy
    447 Main Street
    Norway,ME042685920     		N/A PC To support the Foothills Foodworks project 10,000
    Cheverus High School
    267 Ocean Avenue
    Portland,ME041035707     		N/A PC To provide general operating support 5,000
    Children's Museum of Maine
    250 Thompsons Point Road
    Portland,ME04102     		N/A PC To support an Early Childhood Listening Tour 20,000
    CHiP Inc
    PO Box 6
    Newcastle,ME045530006     		N/A PC To provide general operating support 10,000
    Christine B Foundation Inc
    21 North Street
    Bangor,ME044015806     		N/A PC To provide equitable nutrition assistance to food insecure patients with cancer 15,000
    City of Lewiston
    27 Pine Street
    Lewiston,ME04240     		N/A GOV To support a Neighborhood Development Coordinator position 80,000
    Coastal Enterprises Inc
    30 Federal Street
    Brunswick,ME040111510     		N/A PC To support the Lewiston-based Child Care Business Lab 150,000
    Coastal Rivers Conservation Trust
    PO Box 333
    Damariscotta,ME045430333     		N/A PC To provide general operating support for Twin Villages Foodbank Farm 20,000
    Community Concepts
    240 Bates Street
    Lewiston,ME042407330     		N/A PC Engagement and support activities identified within the CHOICE Neighborhood Initiative. 71,000
    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 30,000
    Downeast Community Partners
    248 Bucksport Road
    Ellsworth,ME046052715     		N/A PC To provide general operating support for Community Compass 15,000
    Easter Seals Maine
    14 Atlantic Place
    South Portland,ME041062316     		N/A PC To provide critical housing supports and services to veterans 15,000
    Educate Maine
    482 Congress Street Suite 303
    Portland,ME041013437     		N/A PC To provide general operating support 2,500
    Ellsworth Free Medical Clinic
    248 State Street Suite 16
    Ellsworth,ME046051850     		N/A PC To provide general operating support 15,000
    Emmanuel Lutheran Episcopal Church
    209 Eastern Avenue
    Augusta,ME043305951     		N/A PC To support the Bridging the Gap community initiative 15,000
    Foundation for Maine's Community Colleges
    323 State Street
    Augusta,ME043307149     		N/A PC $75,000 to the Remote Work for ME initiative; $5,000 to the Leon A. Gorman Scholarship Fund. 80,000
    Friends in Action
    PO Box 1446
    Ellsworth,ME046051446     		N/A PC To provide general operating support 10,000
    Friends of Congress Square Park
    PO Box 5056
    Portland,ME041010756     		N/A PC To sponsor their 2021 Season 500
    Friends of Katahdin Woods and Waters
    PO Box 18177
    Portland,ME041128177     		N/A PC To provide capital support 20,000
    Friendship House
    390 Lincoln Street
    South Portland,ME041063529     		N/A PC To provide general operating support 5,000
    Good Shepherd Food Bank
    PO Box 1807
    Auburn,ME042111807     		N/A PC To support innovative data- and community-driven strategies to improve access to food 150,000
    Great Schools Partnership Inc
    482 Congress Street Suite 500
    Portland,ME041013484     		N/A PC To support the 2022 Common Data Project annual Report 15,000
    Green and Healthy Homes Initiative
    2714 Hudson Street
    Baltimore,MD212244716     		N/A PC To support the Coalition to End Childhood Lead Poisoning 50,000
    HOME Inc
    PO Box 10
    Orland,ME044720010     		N/A PC To provide general operating support 15,000
    Healthy Acadia
    140 State Street
    Ellsworth,ME046051832     		N/A PC To support the Downeast Gleaning Initiative 15,000
    Healthy Peninsula
    PO Box 945
    Blue Hill,ME046140945     		N/A PC To provide essential services to older, underserved community members 10,000
    Homeless Services of Aroostook Inc
    PO Box 1753
    Presque Isle,ME047691753     		N/A PC To provide general operating support 15,000
    iACT
    1732 Aviation Boulevard 138
    Redondo Beach,CA90278     		N/A PC To support Kennedy Park Football Club's winter season 7,500
    Immigrant Legal Advocacy Project
    489 Congress Street 3
    Portland,ME041013415     		N/A PC To provide general operating support 25,000
    In Her Presence
    179 Mechanic Street
    Westbrook,ME040922730     		N/A PC To provide general operating support 10,000
    Knox County Homeless Coalition
    PO Box 1696
    Rockland,ME048411696     		N/A PC $25,000 to increase access to youth mental health; $20,000 in general operating support. 45,000
    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 $30,000 to support the Elder Justice Coordinating Partnership; $50,000 general support. 80,000
    Lewiston Auburn Metropolitan Chamber of Commerce Foundation
    415 Lisbon Street Suite 100
    Lewiston,ME042407663     		N/A PC $75,000 Healthy Neighborhoods; $175 Strengthen LA initiative 250,000
    Lewiston-Auburn Area Housing Development Corporation
    1 College Street
    Lewiston,ME042407175     		N/A PC $25,000 to the CHOICE Grant Application; $50,000 to support families displaced by fire 75,000
    Lubec Community Outreach Center
    44 South Street
    Lubec,ME04652     		N/A PC To provide general operating support 10,000
    Mabel Wadsworth Women's Health Center
    700 Mount Hope Avenue 420
    Bangor,ME044015678     		N/A PC To provide physical and mental health care services to people in Northern and Eastern ME 15,000
    Maine Association for the Education Of Young Children
    295 Water Street Suite 10
    Augusta,ME043304659     		N/A PC To provide general operating support and support for Maine AEYC's Right From The Start Coalition 50,000
    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 5,000
    Maine Center for Economic Policy
    PO Box 437
    Augusta,ME043320437     		N/A PC Sponsorship for MECEP's Policy Insights conference 5,000
    Maine Children's Alliance
    331 State Street
    Augusta,ME043307100     		N/A PC To support the development of MCA's next strategic plan 10,000
    Maine Children's Trust
    56 Leighton Road
    Augusta,ME04330     		N/A PC To support the participation of fathers who have children in Maine's child welfare system 3,000
    Maine Coast Fishermen's Association
    93 Pleasant Street
    Brunswick,ME04011     		N/A PC To support the Fishermen Feeding Mainers program 24,600
    Maine Community Action Association
    162 Middle Street
    Farmington,ME049386908     		N/A PC $80,000 home repairs; $120,000 transportation; 200,000
    Maine Community Integration
    11 Lisbon Street
    Lewiston,ME042407198     		N/A PC To provide general operating support 50,000
    Maine Council on Aging
    PO Box 988
    Brunswick,ME040110988     		N/A PC To provide sponsorship support for their 8th annual Summit on Aging 750
    Maine Equal Justice
    126 Sewall Street
    Augusta,ME043306822     		N/A PC $50,000 to support Invest in Tomorrow; $70,000 to provide general operating support 120,000
    Maine Farmland Trust
    97 Main Street
    Belfast,ME049156536     		N/A PC To provide matching funds for Farm Fresh Rewards 50,000
    Maine Historical Society
    489 Congress Street
    Portland,ME04101     		N/A PC To provide sponsorship support for the 2021 Maine History Maker event, honoring the L. L. Bean family 5,000
    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 To increase access to youth and adolescent mental health support 15,000
    Maine Immigrants Rights Coalition
    24 Preble Street Suite 306
    Portland,ME041014901     		N/A PC To provide general operating support 10,000
    Maine Initiatives
    56 North Street
    Portland,ME041012756     		N/A PC Immigrant-led and -serving organizations for domestic violence relief 100,000
    Maine Inside Out
    168 Lisbon Street
    Lewiston,ME04240     		N/A PC To support system-involved youth and their families 15,000
    Maine Justice Foundation
    40 Water Street
    Hallowell,ME043471437     		N/A PC To support the Campaign for Justice 25,000
    Maine Needs
    PO Box 4174
    Portland,ME041010374     		N/A PC To provide general operating support 7,000
    Maine Paws For Veterans
    675 Old Portland Road 2
    Brunswick,ME04011     		N/A PC To provide general operating support 5,000
    Maine Philanthropy Center
    PO Box 9301
    Portland,ME041049301     		N/A PC To provide general operating support and sponsor the 2021 Philanthropy Partners Conference 13,830
    Maine School Administrative District #44
    284 Walkers Mills Road
    Bethel,ME04219     		N/A PC To support the district's development of Resilience Intervention Teams 14,500
    Maine Youth Alliance
    78 A Main Street
    Belfast,ME049156825     		N/A PC To increase access to youth and adolescent mental health 25,000
    MaineHealth
    22 Bramhall Street
    Portland,ME041023134     		N/A PC $200,000 Supporting Families Growing Together Initiative; $20,000 food relief 220,000
    Mercy Hospital
    144 State Street
    Portland,ME04101     		N/A PC $200,000 to support low-income hospital workers; $20,000 One Mercy Campaign 220,000
    Mid Coast Hunger Prevention Program
    12 Tenney Way
    Brunswick,ME040112884     		N/A PC To provide general operating support 15,000
    Mid-Maine Homeless Shelter
    19 Colby Street
    Waterville,ME049015563     		N/A PC To provide general operating support 10,000
    Midcoast Community Alliance
    10 State Road Box 293
    Bath,ME045306017     		N/A PC Outreach services for at-risk, homeless and/or unaccompanied youth 20,000
    Migration Policy Institute
    1275 K Street NW
    Washington,DC20005     		N/A PC To provide technical assistance to Maine Immigrant and Refugee Services' Whole Family Services program 54,000
    Milestone Foundation
    65 India Street
    Portland,ME041014209     		N/A PC To provide general operating support 25,000
    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
    Neighbors Driving Neighbors
    PO Box 142
    Mount Vernon,ME043520142     		N/A PC To provide general operating support 5,000
    New Beginnings
    134 College Street
    Lewiston,ME042406810     		N/A PC To provide general operating support 20,000
    New Hope For Women Inc
    PO Box A
    Rockland,ME048410733     		N/A PC To provide general operating support 5,000
    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 10,000
    One Less Worry
    108 Beech Street
    Rockland,ME048412239     		N/A PC To provide general operating support 5,000
    OUT Maine
    PO Box 1723
    Rockland,ME048411723     		N/A PC To increase access to youth and adolescent mental health 25,000
    Oxford County Mental Health Services
    150 Congress Street
    Rumford,ME042762035     		N/A PC $10,000 to Positive Youth Development Initiatives; $6,500 to support at-risk children and families 16,500
    Patient Airlift Services Inc
    120 Adams Boulevard
    Farmingdale,NY117356614     		N/A PC To provide support for PALS medical flight activities in Maine 25,000
    Pine Tree Legal Assistance
    88 Federal Street
    Portland,ME041014205     		N/A PC $250,000 to the Medical-Legal Lead Hazard Partnership; $87,000 for court eviction data project 337,000
    Piscataquis Regional Food Center
    PO Box 264
    Dover Foxcroft,ME044260264     		N/A PC To provide general operating support 7,000
    Portland Adult Education
    14 Locust Street
    Portland,ME04101     		N/A GOV To increase literacy for families who are low-level English Language Learners 150,000
    Portland Housing Authority
    14 Baxter Boulevard
    Portland,ME041011802     		N/A GOV $164,000 Family Self Sufficiency; $129,000 Youth Stability and Asset Building 293,000
    Preble Street
    38 Preble Street 3rd Floor
    Portland,ME041012049     		N/A PC $500,000 for the Food Security Hub, $112,500 for general operating support 612,500
    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
    Rangeley Health and Wellness
    PO Box 722
    Rangeley,ME049700722     		N/A PC To increase access to youth and adolescent mental health 25,000
    Regional School Unit #40
    1070 Heald Highway
    Union,ME04862     		N/A PC To increase access to youth and adolescent mental health 20,000
    Regional School Unit #56
    147 Weld Street
    Dixfield,ME04224     		N/A PC To provide transportation support to families of remote or in-person learners 2,400
    River Valley Healthy Communities Coalition
    PO Box 86
    Rumford,ME042760086     		N/A PC To provide general operating support 15,000
    Rockland District Nursing Association
    PO Box 1713
    Rockland,ME048411713     		N/A PC To provide general operating support 15,000
    Rural Community Action Ministry
    81 Church Hill Road
    Leeds,ME042633402     		N/A PC $15,000 to youth mental health access; $15,000 for general operating support 30,000
    Safe Voices
    PO Box 713
    Auburn,ME04212     		N/A PC To provide general operating support 15,000
    Sebago Lakes Region Chamber of Commerce Charitable Trust
    909 A Roosevelt Trail
    Windham,ME04062     		N/A PC To support the Feed The Need initiative in western Cumberland County 5,000
    Seeds of Hope Neighborhood Center
    35 South Street
    Biddeford,ME040052473     		N/A PC To provide general operating support 10,000
    Senator George J Mitchell Scholarship Research Institute
    75 Washington Avenue Suite 2E
    Portland,ME041012665     		N/A PC $175,000 to support the Promise Scholar Program; $3,000 2021 Fall Gala 178,000
    Sexual Assault Response Services of Southern Maine
    175 Lancaster Street 221
    Portland,ME04104     		N/A PC To support staffing to respond to the high rates of child sexual abuse in York County 25,000
    Sexual Assault Services of Midcoast Maine
    PO Box 990
    Brunswick,ME04011     		N/A PC To meet the needs of sexual violence and human trafficking survivors in the Midcoast area 25,000
    Shalom House
    106 Gilman Street
    Portland,ME041023034     		N/A PC Funds for basic housing, transportation, and personal need services 10,000
    Skidompha Library Association
    PO Box 70
    Damariscotta,ME045430070     		N/A PC To increase access to youth and adolescent mental health 2,500
    Somali Bantu Community Association of Maine
    145 Pierce Street 101
    Lewiston,ME042407343     		N/A PC To provide general operating support 15,000
    Somerset Career & Technical Center
    61 Academy Circle
    Skowhegan,ME04976     		N/A PC $25,000 youth mental health; $15,000 food pantry; $30,000 Somerset County Youth Task Force 70,000
    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 50,000
    Sustainable Livelihoods Relief Organization
    PO Box 7255
    Lewiston,ME042437255     		N/A PC To support the Start Up Scale Up Program 25,000
    Table of Plenty
    PO Box 232
    Berwick,ME039010232     		N/A PC To provide general operating support 10,000
    Tedford Housing
    PO Box 958
    Brunswick,ME040110958     		N/A PC To provide general operating support 20,000
    The Opportunity Alliance
    50 Lydia Lane
    South Portland,ME041062156     		N/A PC To support increased access to quality childcare in Portland's East Bayside neighborhood 100,000
    The Progress Center
    5 Fore Street
    Oxford,ME042703306     		N/A PC To support community meals and food distribution programs serving low-income people 15,000
    The Root Cellar
    94 Washington Avenue
    Portland,ME041012630     		N/A PC To provide general operating support 45,000
    The Shaw House
    PO Box 1578
    Bangor,ME044021578     		N/A PC To provide general operating support 20,000
    The Urban Institute
    500 LEnfant Plaza SW 2nd Floor
    Washington,DC200242274     		N/A PC To plan an Enhanced Family Self Sufficiency (FSS) Institute 45,000
    Through These Doors
    PO Box 704
    Portland,ME041040704     		N/A PC To support a basic needs fund for victims/survivors of domestic violence 15,000
    Trinity Jubilee Center
    247 Bates Street
    Lewiston,ME042407331     		N/A PC To provide general operating support 15,000
    Union Street Brick Church
    126 Union Street
    Bangor,ME044016326     		N/A PC To provide general operating support 5,000
    Unitarian Universalist Association
    24 Farnsworth Street
    Boston,MA022101264     		N/A PC To provide support for the purchase of essential household and hygiene items 5,000
    United Way of Southern Maine
    550 Forest Avenue Suite 100
    Portland,ME04101     		N/A PC Early Childhood Funders Group, Thrive 2027, Women's United, Portland ConnectED, Annual Campaign 425,000
    Unity Barn Raisers
    32 School Street
    Unity,ME04988     		N/A PC To provide general operating support for Waldo County Bounty 15,000
    University of Maine School of Law Foundation
    246 Deering Avenue
    Portland,ME041022837     		N/A PC To support the Juvenile Justice Reform Project 125,000
    University of Maine System
    5703 Alumni Hall Suite 101
    Orono,ME044695703     		N/A GOV $30,000 for senior services; $125,000 for financial education, $5,000 for Scholarship Funds 160,000
    University of New England
    11 Hills Beach Road
    Biddeford,ME040059526     		N/A PC To support a needs assessment centered on discerning older resident needs 25,000
    University of Southern Maine Foundation
    96 Falmouth Street
    Portland,ME041034864     		N/A PC To provide support for the Promise Scholarship Program 2,500
    University System of New Hampshire
    5 Chenell Drive Suite 301
    Concord,NH033018522     		N/A PC $35,000 Carsey School of Public Policy; $30,000 Oxford County Resiliency Project 65,000
    Veggies to Table
    4 Mills Road
    Newcastle,ME045533407     		N/A PC To provide general operating support 5,000
    Vet2Vet Maine
    PO Box 1205
    Biddeford,ME04005     		N/A PC To provide general operating support 5,000
    Volunteers of America of Northern New England
    14 Maine Street 100
    Brunswick,ME040112026     		N/A PC To support the Cabin in the Woods' Community Coordinator, who serves chronically homeless veterans 21,000
    Wabanaki Public Health and Wellness Inc
    1 Merchants Plaza
    Bangor,ME044018302     		N/A PC $25,000 to increase youth mental health access; $25,000 for substance use recovery 50,000
    Western Maine Transportation Services
    76 Merrow Road
    Auburn,ME042108318     		N/A PC To provide general operating support 15,000
    York County Community Action Corporation
    6 Spruce Street
    Sanford,ME040732917     		N/A PC To support same-day transportation services in York County 15,000
    York County Shelter Programs
    147 Shaker Hill Road
    Alfred,ME04002     		N/A PC To provide general operating support 15,000
    Youth and Family Outreach
    331 Cumberland Avenue
    Portland,ME041012957     		N/A PC To provide general operating support 2,500
    Total .................................bullet 3a 7,300,580
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 694,587  
    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 11,797,796  
    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     		  260,082 14 952,182  
    b(Recorded on Books)     14 -1,212,264  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 260,082 14,197,130 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    14,457,212
    (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

    TY 2021 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 30,480 2,253   28,227

    TY 2021 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 6,027,311 6,027,311

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MFO JOHCM International Select Fund 7,632,762 7,632,762
    CF The (Global) Emerging Markets Country Fund 7,469,185 7,469,185
    MFO Vanguard Total Stock Market Index Fund 7,052,596 7,052,596
    CF Tiger GBL Long Opportunities LTD 6,693,420 6,693,420
    CF Hillhouse China Value Feeder LTD 7,638,330 7,638,330
    Generation IM Fund PLC 7,284,483 7,284,483
    CF Two Sigma Active EXTN US All Cap Equity Cayman Fund LTD 33,608,767 33,608,767
    CF Luxor Capital Partners Offshore 358,957 358,957
    CF Senator SGOF Liquidating Feeder LTD 278,917 278,917
    CF VCP Offshore LTD 14,233 14,233
    CF King Street Capital CL S Series 224 11,741 11,741
    CF King Street Capital CL S Series 362 23,997 23,997
    CF King Street Capital CL S Series 371 22,499 22,499
    CF King Street Capital CL S Series 443 2,162 2,162
    CF King Street Capital CL S Series 281 39,837 39,837
    CF King Street Capital CL S Series 296 10,491 10,491
    CF King Street Capital CL S Series 308 3,080 3,080
    CF King Street Capital CL S Series 317 3,151 3,151
    CF King Street Capital CL S Series 344 20,401 20,401
    CF King Street Capital CL S Series 353 54,029 54,029
    CF King Street Capital CL S Series 113 5,831 5,831
    CF King Street Capital CL S Series 80 26,214 26,214
    CF King Street Capital CL S Series 131 414 414
    CF King Street Capital CL S Series 137 4,746 4,746
    CF King Street Capital CL S Series 161 15,730 15,730
    CF King Street Capital CL S Series 168 3,613 3,613
    CF King Street Capital CL S Series 175 10,585 10,585
    CF King Street Capital CL S Series 196 6,576 6,576
    CF King Street Capital CL S Series 60 15,269 15,269
    CF King Street Capital CL S Series 119 24,006 24,006
    CF King Street Capital CL S Series 182 11,550 11,550
    CF King Street Capital CL S Series 257 3,744 3,744
    CF King Street Capital CL S Series 266 18,478 18,478
    CF King Street Capital CL S Series 412 7,136 7,136
    CF King Street Capital CL S Series 421 5,369 5,369
    CF King Street Capital CL S Series 231 4,730 4,730
    CF King Street Capital CL S Series 125 2,157 2,157
    CF King Street Capital CL S Series 238 2,131 2,131
    CF King Street Capital CL S Series 245 18,627 18,627
    CF King Street Capital CL S Series 90 2,925 2,925
    CF Davidson CL C Tranche 3 01 Jan 2021 5,953,572 5,953,572
    CF Davidson CL C Tranche 3 01 March 2021 3,098,778 3,098,778
    CF Davidson Kempner Intl CL C Tranche 3 01 May 2021 2,020,958 2,020,958

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    US Government Securities - End of Year Book Value:

    19,489,240
    US Government Securities - End of Year Fair Market Value:

    19,489,240
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CF Arrowstreet CAP GBL ALL CNTY Alpha EXTN FD (CAN) LTD FMV 9,063,921 9,063,921
    CF Silchester INTL INV INTL Value Equity Trust FMV 10,207,325 10,207,325
    Independent Franchise Partners Global Equity LP FMV 8,086,340 8,086,340
    Fernbridge Capital Offshore Fund LTD FMV 4,860,460 4,860,460
    Lone Cascade FMV 10,434,693 10,434,693
    Kabouter International Opportunities Fund II LLC FMV 3,598,224 3,598,224
    Overlook Partners Fund FMV 4,860,639 4,860,639
    Elliot International Limited FMV 8,198,835 8,198,835
    Fir Tree International Value Fund FMV 141,410 141,410
    AACP Tax Exempt FMV 1,833,629 1,833,629
    Accolade Partners Blockchain II Feeder FMV 174,196 174,196
    Accolade Partners Growth I FMV 1,404,960 1,404,960
    Accolade Partners Growth II FMV 167,791 167,791
    Accolade Partners IV FMV 3,998,392 3,998,392
    Accolade Partners V FMV 4,768,766 4,768,766
    Accolade Partners VI FMV 3,479,885 3,479,885
    Accolade Partners VII FMV 2,511,322 2,511,322
    Accolade Partners VIII FMV 522,677 522,677
    Asia Alternatives Delaware V FMV 160,527 160,527
    Benefit Street Partners FMV 1,633,038 1,633,038
    CA Resources Fund (US Taxable) FMV 1,513,799 1,513,799
    CA Resource Fund (US Tax Exempt) FMV 1,447,184 1,447,184
    Dover Street VIII FMV 1,001,042 1,001,042
    Dover Street IX FMV 2,466,846 2,466,846
    Dover X FMV 1,216,892 1,216,892
    Highbar Partners III FMV 1,422,746 1,422,746
    Hillhouse Foucused Growth Fund V Feeder FMV 241,265 241,265
    Hillhouse Fund V Feeder FMV 93,496 93,496
    Hillhouse Venture Fund V Feeder FMV 676,750 676,750
    Hillhouse Fund IV FMV 1,343,946 1,343,946
    Hillhouse Fund III FMV 1,506,489 1,506,489
    Kline Hill Partners II FMV 2,377,272 2,377,272
    Kline Hill Partners FMV 2,148,623 2,148,623
    Kline Hill Offshore Fund III FMV 2,784,810 2,784,810
    Kiline Hill Opportunity Offshore FMV 837,833 837,833
    MVM V LP FMV 988,999 988,999
    Moonrise China Partners I FMV 1,087,352 1,087,352
    Moonrise China Partners II FMV 670,484 670,484
    Moonrise Venture Partners I FMV 4,570,913 4,570,913
    Moonrise Venture Partners II FMV 2,928,860 2,928,860
    Moonrise Venture Partners III FMV 437,920 437,920
    Pelican Energy Partners II FMV 2,198,889 2,198,889
    Pelican Energy Partners III FMV 1,106,579 1,106,579
    Round Hill Music Royalty Fund FMV 12,428 12,428
    Sentinel Capital VI FMV 420,212 420,212
    Sentinel Junior Capital I FMV 247,643 247,643
    Sentinel Continuation Fund FMV 2,153 2,153
    Truebridge V FMV 4,467,410 4,467,410

    TY 2021 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 239,654 179,000 60,654 60,654
    Computers & Equipment 46,063 33,880 12,183 12,183
    Leasehold Improvements 738,298 392,919 345,379 345,379


    TY 2021 LegalFeesSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 1,500 0   1,500


    TY 2021 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 97,474 6,980   90,494
    Insurance 11,587 0   11,587
    Advertising 342 0   342
    Accrual to Cash Adjustment 0 0   -168,969


    TY 2021 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 1,212,264 952,182 1,212,264
    (Recorded on Books) -1,212,264   -1,212,264


    TY 2021 OtherIncreasesSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Description Amount
    Unrealized Gain on Investments 22,327,396


    TY 2021 OtherLiabilitiesSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Description Beginning of Year - Book Value End of Year - Book Value
    Deferred Tax Liability 950,718 1,253,974


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 726,600 726,600   0
    Program Consulting/Management Fees 245,134 0   245,134


    TY 2021 TaxesSchedule
    Name:
    John T Gorman Foundation
    EIN:
    01-0498551
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes 7,713 7,713   0
    Excise Taxes 604,196 0   0