Form990-PF
Click to see attachment
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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 10-01-2021 , and ending 09-30-2022
Name of foundation
ALEXANDER EASTMAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)4 BIRCH STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DERRY, NH03038
A Employer identification number

02-0222124
B Telephone number (see instructions)

(603) 685-4275
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$9,713,323
J 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) 69,142
2 Check bullet.............
3 Interest on savings and temporary cash investments 210,006 210,006  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 625,506
b Gross sales price for all assets on line 6a 6,412,330
7 Capital gain net income (from Part IV, line 2)... 625,506
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).......      
12 Total. Add lines 1 through 11........ 904,654 835,512  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 58,846     58,846
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 20,385      
b Accounting fees (attach schedule)....... 28,635 11,817   14,627
c Other professional fees (attach schedule).... 72,179 50,000   20,409
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 17,035     4,502
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 4,080     4,080
21 Travel, conferences, and meetings....... 1,739     1,739
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 22,536     22,536
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 225,435 61,817   126,739
25 Contributions, gifts, grants paid....... 713,532 713,532
26 Total expenses and disbursements. Add lines 24 and 25 938,967 61,817   840,271
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -34,313
b Net investment income (if negative, enter -0-) 773,695
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............. 41,175 42,408 42,408
2 Savings and temporary cash investments.........      
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..........   7,210 7,210
10a Investments—U.S. and state government obligations (attach schedule) 12,280,881 8,550,811 8,550,811
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment1,112,894 1,112,894
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment5,700    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,327,756 9,713,323 9,713,323
Liabilities 17 Accounts payable and accrued expenses..........   15,697
18 Grants payable................. 270,000 65,999
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 attachment6,935 Click to see attachment4,788
23 Total liabilities (add lines 17 through 22)......... 276,935 86,484
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........... 4,983,651 2,897,581
25 Net assets with donor restrictions............ 7,067,170 6,729,258
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)..... 12,050,821 9,626,839
30 Total liabilities and net assets/fund balances (see instructions). 12,327,756 9,713,323
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
12,050,821
2
Enter amount from Part I, line 27a .....................
2
-34,313
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
907,315
4
Add lines 1, 2, and 3 ..........................
4
12,923,823
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,296,984
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,626,839
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 SALE OF INVESTMENTS - BRANDYWINE P 2017-10-23 2021-10-19
b SALE OF INVESTMENTS - VANGUARD EXT. P 2021-06-30 2022-05-12
c SALE OF INVESTMENTS - METRO WEST P 2016-10-15 2021-10-19
d SALE OF INVESTMENTS - VANGUARD INTL P 2018-09-19 2022-05-12
e SALE OF INVESTMENTS - AMG TIMES SQ P 2013-09-30 2021-10-19
SALE OF INVESTMENTS - VANGUARD 500 P 2016-02-10 2022-05-12
SALE OF INVESTMENTS - METRO WEST P 2015-09-04 2021-12-28
SALE OF INVESTMENTS - BRANDYWINE P 2017-10-23 2022-06-01
SALE OF INVESTMENTS - VANGUARD INFLT P 2013-09-30 2021-12-28
SALE OF INVESTMENTS - METRO WEST P 2021-03-11 2022-06-01
SALE OF INVESTMENTS - VANGUARD ST BD P 2013-09-30 2021-12-28
SALE OF INVESTMENTS - VANGUARD INFLT P 2021-03-11 2022-06-01
SALE OF INVESTMENTS - METRO WEST P 2015-09-04 2022-02-09
SALE OF INVESTMENTS - VANGUARD ST BD P 2021-01-20 2022-06-01
SALE OF INVESTMENTS - VANGUARD 500 P 2016-02-10 2022-04-01
SALE OF INVESTMENTS - METRO WEST P 2021-03-11 2022-07-22
SALE OF INVESTMENTS - VANGUARD INFLT P 2013-09-30 2022-05-12
SALE OF INVESTMENTS - BROOKFIELD GLB P 2017-10-24 2022-05-12
SALE OF INVESTMENTS - CAUSEWAY INTL P 2016-10-19 2022-05-12
SALE OF INVESTMENTS - CAUSEWAY INTL P 2021-12-21 2022-05-12
SALE OF INVESTMENTS - GQG PARTNERS P 2020-03-13 2022-05-12
SALE OF INVESTMENTS - GQG PARTNERS P 2021-12-14 2022-05-12
SALE OF INVESTMENTS - VANGUARD EXT. P 2015-09-04 2022-05-12
(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 100,000   98,939 1,061
b 5,903   3,869 2,034
c 75,000   74,518 482
d 250,000   261,004 -11,004
e 100,000   68,117 31,883
400,000   208,684 191,316
250,000   248,365 1,635
300,000   334,128 -34,128
100,000   90,380 9,620
550,000   609,203 -59,203
250,000   251,848 -1,848
50,000   48,387 1,613
150,000   154,109 -4,109
600,000   624,952 -24,952
100,000   45,332 54,668
20,000   22,323 -2,323
150,000   146,014 3,986
700,000   753,896 -53,896
614,308   588,724 25,584
11,428   10,952 476
578,435   523,592 54,843
197,147   178,455 18,692
672,907   441,033 231,874
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       1,061
b       2,034
c       482
d       -11,004
e       31,883
      191,316
      1,635
      -34,128
      9,620
      -59,203
      -1,848
      1,613
      -4,109
      -24,952
      54,668
      -2,323
      3,986
      -53,896
      25,584
      476
      54,843
      18,692
      231,874
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 2 625,506
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 21,202
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 10,754
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 10,754
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 7,350
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,350
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 138
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 3,542
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   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? ....................
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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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.ALEXANDEREASTMAN.ORG
    14
    The books are in care ofbulletDAVID MCPHERSON Telephone no.bullet (603) 685-4275

    Located atbullet4 BIRCH STDERRYNH ZIP+4bullet03038
    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
     
     
    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
    SUSAN LINEHAN CHAIR
    2.50
    0 0 0
    4 BIRCH ST
    DERRY,NH03038
    DR ANGELA CURRIE PHD VICE CHAIR
    1.50
    0 0 0
    65 EMERSON ROAD
    CHESTER,NH03036
    THOMAS HOSEY TREASURER
    2.50
    0 0 0
    441 HAVERHILL ROAD
    CHESTER,NH03036
    DAVID MCPHERSON EXECUTIVE DI
    40.00
    58,846 0 0
    7 COLONY BROOK LANE
    DERRY,NH03038
    DR CHRISTOPHER PETERSON MD TRUSTEE
    1.50
    0 0 0
    58 FLOYD ROAD
    DERRY,NH03038
    JOSHUA BOURDON TRUSTEE
    1.50
    0 0 0
    11 VILLAGE BROOK LANE
    DERRY,NH03038
    MELANIE DAVIS TRUSTEE
    1.50
    0 0 0
    106 SCOBIE POND ROAD
    DERRY,NH03038
    DR MATTHEW HAJDUK TRUSTEE
    1.50
    0 0 0
    6 ALDER COURT
    DERRY,NH03038
    JILL HARTMAN TRUSTEE
    1.50
    0 0 0
    212 JENNIFER DRIVE
    CHESTER,NH03036
    WILLIAM LONERGAN TRUSTEE
    1.50
    0 0 0
    96 HARANTIS LAKE ROAD
    CHESTER,NH03036
    ALYSSA POCKELL TRUSTEE
    1.50
    0 0 0
    268 LANE ROAD
    DERRY,NH03038
    REBECCA SANBORN TRUSTEE
    1.50
    0 0 0
    10 FOX HOLLOW ROAD
    DERRY,NH03038
    GEORGE SIORAS TRUSTEE
    1.50
    0 0 0
    5 TSIENNETO ROAD APT 183
    DERRY,NH03038
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................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
    NONE
    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 N/A  
    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
    10,064,904
    b
    Average of monthly cash balances.......................
    1b
    123,457
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,188,361
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    10,188,361
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    152,825
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    10,035,536
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    501,777
    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
    501,777
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    10,754
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,754
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    491,023
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    491,023
    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
    491,023
    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 7 491,023
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 81,204
    b From 2017...... 146,922
    c From 2018...... 198,280
    d From 2019...... 179,899
    e From 2020...... 307,354
    f Total of lines 3a through e ........ 913,659
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 840,271
    a Applied to 2020, but not more than line 2a  
    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..... 491,023
    e Remaining amount distributed out of corpus 349,248
    5 Excess distributions carryover applied to 2021.    
    (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 1,262,907
    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 ..........
    0
    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) ...
    81,204
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    1,181,703
    10 Analysis of line 9:
    a Excess from 2017.... 146,922
    b Excess from 2018.... 198,280
    c Excess from 2019.... 179,899
    d Excess from 2020.... 307,354
    e Excess from 2021.... 349,248
    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:
    DAVID MCPHERSON
    4 BIRCH STREET
    DERRY,NH03038
    (603) 685-4275
    EXECUTIVEDIRECTOR@ALEXANDEREASTMAN.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHMENT
    cAny submission deadlines:
    SEE ATTACHMENT
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE ATTACHMENT
    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
    CENTER FOR LIFE MANAGEMENT
    10 TSIENNETO RD
    DERRY,NH03038
        TO SUPPORT MENTAL HEALTH SERVICES 35,500
    HAMPSTEAD FIRE DEPARTMENT
    17 LITTLES LN
    HAMPSTEAD,NH03841
        TO FUND COMMUNITY CPR TRAINING 2,800
    UPREACH THERAPEUTIC EQUESTRIAN CENT
    153 PAIGE HILL RD
    GOFFSTOWN,NH03045
        EQUINE-ASSISTED ACTIVITIES & THERAPY 3,000
    FRIENDS PROGRAM
    130 PEMBROKE RD SUITE 200
    CONCORD,NH03301
        PROVIDE SUPPORT FOR COMMUNITY ASSIST 5,600
    DERRY RAIL TRAIL ALLIANCE
    1 EAST BROADWAY
    DERRY,NH03038
        ASSIST IN COMPLETION OF COMMUNITY PR 7,000
    DERRY FRIENDSHIP CENTER
    6 RAILROAD AVE
    DERRY,NH03038
        TO SUPPORT CONSTRUCTION OF BUILDING 10,000
    FAMILY PROMISE OF SOUTHERN NH
    PO BOX 450
    NASHUA,NH03060
        TO ASSIST HOMELESS INDIVIDUALS 10,000
    ISAIAH 58
    79 BUTTRICK ROAD
    HAMPSTEAD,NH03841
        TO ASSIST HOMELESS INDIVIDUALS 28,000
    PLANNED PARENTHOOD OF NORTHERN NE
    14 MANNING STREET
    DERRY,NH03038
        TO SUPPORT AFFORDABLE HEALTH SERVICE 30,000
    THE UPPER ROOM
    36 TSIENNTO ROAD
    DERRY,NH03038
        ADOLESCENT WELLNESS PROGRAM 72,000
    COMMUNITY CAREGIVERS
    6 W BROADWAY UNIT 6
    DERRY,NH03038
        TO PROVIDE ASSISTANCE TO SENIORS 32,000
    BOYS & GIRLS CLUB OF GREATER DERRY
    40 E DERRY ROAD
    DERRY,NH03038
        FOR PURCHASE OF NEW BUS FOR CLUB 108,835
    GREATER DERRY ORAL HEALTH COLLABORA
    28 SOUTH MAIN STREET
    DERRY,NH03038
        SUPPORT CHILDREN'S DENTAL NETWORK 73,600
    GREATER DERRY COMMUNITY HEALTH SERV
    14 TSIENNETO RD SUITE 301
    DERRY,NH03038
        PROVIDE ACCESS TO HEALTHCARE NETWORK 150,000
    CATHOLIC CHARATIES
    215 MYRTLE STREET
    MANCHESTER,NH03104
        TO SUPPORT COMMUNITY ASSISTANCE 25,000
    COMMUNITY CROSSROADS
    8 COMMERCE DR STE 801
    ATKINSON,NH03811
        TO SUPPORT COMMUNITY ASSISTANCE 7,500
    FBC FOOD PANTRY
    4 CRYSTAL AVE 4
    DERRY,NH03038
        FOOD PANTRIES 20,000
    NEW ENGLAND HEALING SPORTS ASSOC
    180 MOUNT SUNAPEE RD
    PO BOX 2135
    NEWBURY,NH03255
        SUPPORT ASSISTANCE PROGRAMS 20,000
    PINKERTON ACADEMY
    5 PINKERTON STREET
    DERRY,NH03038
        COMMUNITY ASSISTACE 5,697
    ROCKINGHAM NUTRITION - MEALS ON WHE
    106 NORTH ROAD
    BRENTWOOD,NH03833
        TO SUPPORT COST OF FOOD PURCHASED 40,000
    SONSHINE SOUP KITCHEN
    4 CRYSTAL AVE
    DERRY,NH03038
        SUPPORT ADDITION OF HEALTHIES FOOD 15,000
    Total .................................bullet 3a 701,532
    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 ...........
            210,006
    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 ............
            625,506
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..     835,512
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    835,512
    (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.)
    3 PROVIDE FUNDS NEEDED TO ACCOMPLISH EXEMPT PURPOSE
    8 PROVIDE FUNDS NEEDED TO ACCOMPLISH EXEMPT PURPOSE
    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
    ALEXANDER EASTMAN FOUNDATION
     
    Employer identification number

    02-0222124
    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
    ALEXANDER EASTMAN FOUNDATION
     
    Employer identification number
    02-0222124
    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
    CJ BROOKS TRUST
    C/O BANK OF AMERICA
     
    NASHUA, NH03064

    $ 60,421


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    2
    LEON P WIDGER TRUST
    C/O BANK OF AMERICA
     
    NASHUA, NH03064

    $ 8,721


    (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
    ALEXANDER EASTMAN FOUNDATION
     
    Employer identification number

    02-0222124
    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
    ALEXANDER EASTMAN FOUNDATION
     
    Employer identification number

    02-0222124
    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:
    ALEXANDER EASTMAN FOUNDATION
    EIN:
    02-0222124
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL SERVICES: ACCOUNTIN 15,755 6,502   8,048
    PROFESSIONAL SERVICES: AUDIT EXP 12,880 5,315   6,579

    TY 2021 InvestmentsOtherSchedule2
    Name:
    ALEXANDER EASTMAN FOUNDATION
    EIN:
    02-0222124
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BENEFICIAL INTEREST IN BROOKS TRUST   138,508 138,508
    BENEFICIAL INTEREST IN WIDGER TRUST   974,386 974,386

    TY 2021 LegalFeesSchedule
    Name:
    ALEXANDER EASTMAN FOUNDATION
    EIN:
    02-0222124
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL SERVICES: LEGAL FEE 20,385      


    TY 2021 OtherAssetsSchedule
    Name:
    ALEXANDER EASTMAN FOUNDATION
    EIN:
    02-0222124
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    RECEIVABLES 5,700    


    TY 2021 OtherDecreasesSchedule
    Name:
    ALEXANDER EASTMAN FOUNDATION
    EIN:
    02-0222124
    Description Amount
    DEPRECIATION ON INVESTMENTS 3,296,984


    TY 2021 OtherExpensesSchedule
    Name:
    ALEXANDER EASTMAN FOUNDATION
    EIN:
    02-0222124
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    PROFESSIONAL SERVICES: WEB DE 96     96
    OPERATING EXPENSES: OTHER ADM 9,585     9,585
    OPERATING EXPENSES: PROFESSIO 114     114
    OPERATING EXPENSES: OFFICE EX 3,023     3,023
    OPERATING EXPENSES: POSTAGE 618     618
    OPERATING EXPENSES: INSURANCE 2,176     2,176
    OPERATING EXPENSES: TRAINING 50     50
    OPERATING EXPENSES: BANK FEES 915     915
    OPERATING EXPENSES: MISCELLAN 660     660
    UNCATEGORIZED EXPENSES 299     299
    SPONSORSHIP EXPENSE 5,000     5,000


    TY 2021 OtherIncreasesSchedule
    Name:
    ALEXANDER EASTMAN FOUNDATION
    EIN:
    02-0222124
    Description Amount
    TRANSFERS FROM RELATED ORGANIZATION (22-2676408) 808,565
    PRIOR PERIOD ADJUSTMENT 98,750


    TY 2021 OtherLiabilitiesSchedule
    Name:
    ALEXANDER EASTMAN FOUNDATION
    EIN:
    02-0222124
    Description Beginning of Year - Book Value End of Year - Book Value
    INCOME TAXES PAYABLE 6,935  
    ACCRUED TAXES   4,788


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    ALEXANDER EASTMAN FOUNDATION
    EIN:
    02-0222124
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL SERVICES: CONSULTIN 20,409     20,409
    PROFESSIONAL SERVICES: INVESTMEN 50,000 50,000    
    PAYROLL PROCESSING EXPENSE 1,770      


    TY 2021 TaxesSchedule
    Name:
    ALEXANDER EASTMAN FOUNDATION
    EIN:
    02-0222124
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OPERATING EXPENSES: NH FILING FE 260      
    TAXES 4,502     4,502
    FEDERAL EXCISE TAX 12,273