Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE WIDGEON POINT CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO FOX ROTHSCHILD LLP 101 PARK AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10178
A Employer identification number

13-6201175
B Telephone number (see instructions)

(207) 200-3168
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$51,471,454J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,210,942 1,210,942  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,827,815
b Gross sales price for all assets on line 6a 68,944,269
7 Capital gain net income (from Part IV, line 2)... 6,827,815
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
List of Attached Documents:
// Content
82,165 127  
12 Total. Add lines 1 through 11........ 8,120,922 8,038,884  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 604,152 285,576   318,576
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 71,706 30,241   41,465
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
29,662 0   29,662
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
40,190 20,095   20,095
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
4,658 1,324   3,334
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
91,274 14,302   13,972
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 50,571 10,114   40,457
21 Travel, conferences, and meetings....... 40,762 20,381   20,381
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
167,149 74,757   62,637
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,100,124 456,790   550,579
25 Contributions, gifts, grants paid....... 3,905,000 3,905,000
26 Total expenses and disbursements. Add lines 24 and 25 5,005,124 456,790   4,455,579
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,115,798
b Net investment income (if negative, enter -0-) 7,582,094
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 13,046,169 243,484 243,484
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 29,680    
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 4,106,961 Click to see attachment
List of Attached Documents:
// Content
24,550,598 		24,823,313
b Investments—corporate stock (attach schedule)....... 5,817,230 Click to see attachment
List of Attached Documents:
// Content
7,814,210 		18,778,949
c Investments—corporate bonds (attach schedule)....... 5,944,085 Click to see attachment
List of Attached Documents:
// Content
4,630,740 		4,485,364
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,173,998 Click to see attachment
List of Attached Documents:
// Content
2,000,014 		3,140,344
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
5,125 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,123,248 39,239,046 51,471,454
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 36,123,248 39,239,046
29 Total net assets or fund balances (see instructions)..... 36,123,248 39,239,046
30 Total liabilities and net assets/fund balances (see instructions). 36,123,248 39,239,046
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
36,123,248
2
Enter amount from Part I, line 27a .....................
2
3,115,798
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
39,239,046
5
Decreases not included in line 2 (itemize) right arrow
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
39,239,046
Form 990-PF (2023)
Form 990-PF (2023)
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      
b PUBLICLY TRADED SECURITIES      
c ENTERPRISE PRODUCTS PARTNERS LP      
d ROYCE INSTITUTIONAL FUND LLC K1 P    
e ROYCE INSTITUTIONAL FUND LLC K1 P    
STRAKA PARTNERS LLC K1 P    
STRAKA PARTNERS LLC K1 P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 58,073,602   57,944,388 129,214
b 8,604,119   4,166,827 4,437,292
c 11,623     11,623
d 4,281     4,281
e 2,246,357     2,246,357
4,287     4,287
    5,239 -5,239
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       129,214
b       4,437,292
c       11,623
d       4,281
e       2,246,357
      4,287
      -5,239
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 6,827,815
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
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 right arrow 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) 1 105,391
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........................... 3 105,391
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- ..... 5 105,391
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 92,781
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 56,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 148,781
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 43,390
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow43,390 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowNY, ME
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowWWW.WIDGEONPOINT.ORG
14
The books are in care ofright arrowVERRILL DANA LLP Telephone no.right arrow (207) 774-4000

Located atright arrowONE PORTLAND SQUAREPORTLANDME ZIP+4right arrow04101
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
JOHN B ROBINSON PRESIDENT
32.00 		279,576 45,206 0
C/O FOX ROTHSCHILD LLP 101 PARK
AVENUE 17TH FLOOR
NEW YORK,NY10178
CHRISTOPHER N ROBINSON TREASURER AND SECRETARY
30.00 		274,576 26,500 0
C/O FOX ROTHSCHILD LLP 101 PARK
AVENUE 17TH FLOOR
NEW YORK,NY10178
MARK MORRISSETTE DIRECTOR
1.00 		0 0 0
C/O FOX ROTHSCHILD LLP 101 PARK
AVENUE 17TH FLOOR
NEW YORK,NY10178
NICOLAS J ROBINSON DIRECTOR
1.00 		10,000 0 0
C/O FOX ROTHSCHILD LLP 101 PARK
AVENUE 17TH FLOOR
NEW YORK,NY10178
EMMA W ROBINSON DIRECTOR
1.00 		10,000 0 0
C/O FOX ROTHSCHILD LLP 101 PARK
AVENUE 17TH FLOOR
NEW YORK,NY10178
CALEB P ROBINSON DIRECTOR
1.00 		10,000 0 0
C/O FOX ROTHSCHILD LLP 101 PARK
AVENUE 17TH FLOOR
NEW YORK,NY10178
GENEVA E MORLEY DIRECTOR
1.00 		10,000 0 0
C/O FOX ROTHSCHILD LLP 101 PARK
AVENUE 17TH FLOOR
NEW YORK,NY10178
WINSLOW N ROBINSON DIRECTOR
1.00 		10,000 0 0
C/O FOX ROTHSCHILD LLP 101 PARK
AVENUE 17TH FLOOR
NEW YORK,NY10178
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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.............right arrow0
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
49,986,436
b
Average of monthly cash balances.......................
1b
1,148,160
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
51,134,596
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
51,134,596
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
767,019
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
50,367,577
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,518,379
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
2,518,379
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
105,391
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
105,391
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,412,988
4
Recoveries of amounts treated as qualifying distributions................
4
61,878
5
Add lines 3 and 4............................
5
2,474,866
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
2,474,866
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
4,455,579
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
4,455,579
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 2,474,866
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 172,380
b From 2019......  
c From 2020...... 759,509
d From 2021...... 1,150,351
e From 2022...... 1,489,022
f Total of lines 3a through e ........ 3,571,262
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 4,455,579
a Applied to 2022, but not more than line 2a 0
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 2023 distributable amount..... 2,474,866
e Remaining amount distributed out of corpus 1,980,713
5 Excess distributions carryover applied to 2023. 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 5,551,975
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		172,380
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		5,379,595
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020.... 759,509
c Excess from 2021.... 1,150,351
d Excess from 2022.... 1,489,022
e Excess from 2023.... 1,980,713
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
JOHN B ROBINSON PRESIDENT
PO BOX 10779
PORTLAND,ME04104
(207) 200-3168
bThe form in which applications should be submitted and information and materials they should include:
PLEASE SUBMIT YOUR APPLICATION ONLINE AT WWW.WIDGEONPOINT.ORG/APPLY
cAny submission deadlines:
SEPTEMBER 15
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE WIDGEON POINT CHARITABLE FOUNDATION ONLY FUNDS RECOGNIZED 501(C)(3) ORGANIZATIONS BASED IN THE UNITED STATES OF AMERICA AND ITS TERRITORIES
Form 990-PF (2023)
Form 990-PF (2023)
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

240 STRINGS

PO BOX 10193
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

ARCH ASSOCIATION FOR ROLLINSFORD CULURAL HISTORY

47 WATER ST
ROLLINSFORD,NH03869 		  PC OPERATIONAL SUPPORT 500

ALASKA ARTS SOUTHEAST INC

121 JOHN BRADY DR
SITKA,AK99835 		  PC OPERATIONAL SUPPORT 250

ALLAGASH WILDERNESS WATERWAY FOUNDATION

PO BOX 10008
PORTLAND,ME04104 		  PC OPERATIONAL SUPPORT 500

APEX YOUTH CONNECTION

45 GRANITE ST
BIDDEFORD,ME04005 		  PC OPERATIONAL SUPPORT 500

AUTISM SOCIETY OF MAINE

72 MAIN ST STE B
WINTHROP,ME04364 		  PC OPERATIONAL SUPPORT 500

BEINECKE LIBRARY AT YALE

PO BOX 208330
NEW HAVEN,CT06520 		  PC OPERATIONAL SUPPORT 500

BIDDEFORD FOOD PANTRY

162 ELM ST
BIDDEFORD,ME04005 		  PC OPERATIONAL SUPPORT 500

BOYS & GIRLS CLUB OF SOUTHERN MAINE

PO BOX 7830
PORTLAND,ME04112 		  PC OPERATIONAL SUPPORT 250

CASTING FOR RECOVERY

109 E OAK ST STE 1G
BOZEMAN,MT59715 		  PC OPERATIONAL SUPPORT 250

CENTER FOR MAINE CONTEMPORARY ART

21 WINTER ST
ROCKLAND,ME04841 		  PC OPERATIONAL SUPPORT 250

CHILDREN'S MUSEUM & THEATRE OF MAINE COMMUNITY FUND

250 THOMPSONS POINT RD
PORTLAND,ME04102 		  PC OPERATIONAL SUPPORT 500

CORNELL LAB OF ORNOTHOLOGY

159 SAPSUCKER WOODS RD
ITHACA,NY14850 		  PC OPERATIONAL SUPPORT 500

COUNT ME IN

482 CONGRESS ST STE 303
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

CULTIVATING COMMUNITY

58 BOYD ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

EDITH FARNSWORTH HOUSE MUSEUM

14520 RIVER RD
PLANO,IL60545 		  PC OPERATIONAL SUPPORT 500

ENGINE INC

PO BOX 1681
BIDDEFORD,ME04005 		  PC OPERATIONAL SUPPORT 1,000

FALMOUTH CONSERVATION TRUST

74 LUNT RD
FALMOUTH,ME04105 		  PC OPERATIONAL SUPPORT 500

FAMILY ICE CENTER

20 HAT TRICK DR
FALMOUTH,ME04105 		  PC OPERATIONAL SUPPORT 250

FRIENDS OF CASCO BAY

43 SLOCUM DR
SOUTH PORTLAND,ME04106 		  PC OPERATIONAL SUPPORT 500

FRIENDS OF FORT GORGES

400 CONGRESS ST UNIT 17834
PORTLAND,ME04112 		  PC OPERATIONAL SUPPORT 250

FRIENDS OF THE PRESUMPSCOT RIVER

PO BOX 1474
WESTBROOK,ME04098 		  PC OPERATIONAL SUPPORT 500

FURNITURE FRIENDS

15 SAUNDERS WAY
WESTBROOK,ME04092 		  PC OPERATIONAL SUPPORT 500

HABITAT FOR HUMANITY GREATER PORTLAND

659 WARREN AVE SUITE A
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 500

HAND IN HAND MANO EN MANO

2 PORTLAND FISH PIER 302
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 2,500

HEART OF BIDDEFORD

205 MAIN ST
BIDDEFORD,ME04005 		  PC OPERATIONAL SUPPORT 500

HENRY ART GALLERY UNIVERSITY OF WASHINGTON

15TH AVE NE NE 41ST ST
SEATTLE,WA98195 		  PC OPERATIONAL SUPPORT 500

HOPE ACTS

PO BOX 7615
PORTLAND,ME04112 		  PC OPERATIONAL SUPPORT 1,000

I'M YOUR NEIGHBOR BOOKS

84 COVE ST SUITE 4
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

IMMIGRANT LEGAL ADVOCACY PROJECT

489 CONGRESS ST 3RD FL
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

INTERCULTURAL COMMUNITY CENTER

36 PATRICK DR
WESTBROOK,ME04092 		  PC OPERATIONAL SUPPORT 500

JAZZ AT LINCOLN CENTER

10 COLUMBUS CIR
NEW YORK,NY10023 		  PC OPERATIONAL SUPPORT 2,500

JEWISH COMMUNITY ALLIANCE OF SOUTHERN MAINE

1342 CONGRESS ST
PORTLAND,ME04102 		  PC OPERATIONAL SUPPORT 500

KENAI WATERSHED FORUM

44129 STERLING HWY
SOLDOTNA,AK99669 		  PC OPERATIONAL SUPPORT 250

KETCHA OUTDOORS

336 BLACK POINT RD
SCARBOROUGH,ME04074 		  PC OPERATIONAL SUPPORT 500

KIDS FIRST CENTER

51 US-1 SUITE S
SCARBOROUGH,ME04074 		  PC OPERATIONAL SUPPORT 500

LAUDHOLM TRUST

342 LAUDHOLM FARM RD
WELLS,ME04090 		  PC OPERATIONAL SUPPORT 250

LEGAL SERVICES FOR THE ELDERLY

5 WABON ST
AUGUSTA,ME04330 		  PC OPERATIONAL SUPPORT 500

LIFEFLIGHT FOUNDATION

13 MAIN ST
CAMDEN,ME04843 		  PC OPERATIONAL SUPPORT 500

MAINE ACADEMY OF MODERN MUSIC

125 PRESUMPSCOT ST
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 500

MAINE ADAPTIVE SPORTS AND RECREATION

8 SUNDANCE LN
NEWRY,ME04261 		  PC OPERATIONAL SUPPORT 500

MAINE AUDUBON BIRD SAFE MAINE

20 GILSLAND FARM RD
FALMOUTH,ME04105 		  PC OPERATIONAL SUPPORT 250

MAINE BICYCLE COALITION

38 DIAMOND ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 250

MAINE COAST HERITAGE TRUST

1 BOWDOIN MILL ISLAND STE 201
TOPSHAM,ME04086 		  PC OPERATIONAL SUPPORT 500

MAINE FARMLAND TRUST

509 OCEAN AVE
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 500

MAINE ISLAND TRAILS ASSOCIATION

100 KENSINGTON ST
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 500

MAINE NEEDS INC

332 FOREST AVE
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 1,000

MAINE ORGANIC FARMERS AND GARDENERS ASSOCIATION

294 CROSBY BROOK RD
UNITY,ME04988 		  PC OPERATIONAL SUPPORT 500

MAINE SUMMER CAMPS

550 FOREST AVENUE SUITE 203
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

MAINE YOUTH ACTION NETWORKOPPORTUNITY ALLIANCE

50 LYDIA LN
SOUTH PORTLAND,ME04106 		  PC OPERATIONAL SUPPORT 1,000

MAYO ST ARTS

10 MAYO ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

MECHANICS HALL MAINE KIDS CODE

519 CONGRESS ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

MILESTONE RECOVERY

65 INDIA ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

MINNEWAWA SPORTSMANS CLUB INC

20322 GOSHAWK ST
MCGREGOR,MN55760 		  PC OPERATIONAL SUPPORT 250

MONHEGAN MUSEUM FOR ART AND HISTORY

1 LIGHT HOUSE HILL RD
MONHEGAN,ME04852 		  PC OPERATIONAL SUPPORT 250

NATIONAL MUSEUM OF WILDLIFE ART

PO BOX 6825
JACKSON,WY83002 		  PC OPERATIONAL SUPPORT 500

NATURAL RESOURCES DEFENSE COUNSEL

40 WEST 20TH STREET 11TH FL
NEW YORK,NY10011 		  PC OPERATIONAL SUPPORT 500

NORTHEASTERN UNIVERSITY

360 HUNTINGTON AVE
BOSTON,MA02115 		  PC OPERATIONAL SUPPORT 500

NORTHERN FOREST CANOE TRAIL

831 MILL BROOK RD
WAITSFIELD,VT05673 		  PC OPERATIONAL SUPPORT 500

OGUNQUIT MUSEUM OF AMERICAN ART

543 SHORE RD
OGUNQUIT,ME03907 		  PC OPERATIONAL SUPPORT 250

OLD BERWICK HISTORICAL SOCIETY

PO BOX 296
SOUTH BERWICK,ME03908 		  PC OPERATIONAL SUPPORT 500

OLYMPIA SNOWE WOMENS LEADERSHIP INSTITUTE

ONE CANAL PLAZA STE 501
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

ON BELAY

PO BOX 391
NEWMARKET,NH03857 		  PC OPERATIONAL SUPPORT 1,000

OUR PLACE CO ST LAWRENCE ARTS

76 CONGRESS ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

PENOBSCOT MARINE MUSEUM

2 CHURCH ST
SEARSPORT,ME04974 		  PC OPERATIONAL SUPPORT 250

PORTLAND COMMUNITY SQUASH

66 NOYES ST
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 5,000

PORTLAND GEAR HUB

155 WASHINGTON AVE
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 250

PORTLAND MUSEUM OF ART

7 CONGRESS SQ
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 35,000

PORTLAND PARKS CONSERVANCY

212 CANCO ROAD SUITE A
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 15,000

PORTLAND PUBLIC LIBRARY

5 MONUMENT SQUARE
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

PORTLAND TRAILS

305 COMMERCIAL ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

PORTLAND WHEELERS

PO BOX 11314
PORTLAND,ME04104 		  PC OPERATIONAL SUPPORT 500

PORTSMOUTH ATHENAEUM

9 MARKET SQUARE
PORTSMOUTH,NH03801 		  PC OPERATIONAL SUPPORT 500

PREBLE STREET RESOURCE CENTER

55 PORTLAND STREET
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 1,000

PROSPERITY MAINE

175 LANCASTER ST SUITE 216A
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

RANGELEY LAKES HERITAGE TRUST

2424 MAIN ST
RANGELEY,ME04970 		  PC OPERATIONAL SUPPORT 1,000

RIDING TO THE TOP

14 LILAC DR
WINDHAM,ME04062 		  PC OPERATIONAL SUPPORT 250

RIPPLEFFECT INC

159 STATE STREET
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 5,000

BESSEMER GIVING FUND

100 WOODBRIDGE CENTER DRIVE
WOODBRIDGE,NJ07095 		  PC OPERATIONAL SUPPORT 3,750,000

SAIL MAINE

58 FORE ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 39,000

SAIL TO PREVAIL

174 BELLEVUE AVE
NEWPORT,RI02840 		  PC OPERATIONAL SUPPORT 500

SEACOAST MISSION

6 OLD FIREHOUSE LN
NORTHEAST HARBOR,ME04662 		  PC OPERATIONAL SUPPORT 1,000

SEEDS OF HOPE

35 SOUTH ST
BIDDEFORD,ME04005 		  PC OPERATIONAL SUPPORT 500

SEEDS OF PEACE

183 POWHATAN RD
OTISFIELD,ME04270 		  PC OPERATIONAL SUPPORT 250

SIDE X SIDE

636 CONGRESS ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 250

SITKA CONSERVATION SOCIETY

201 LINCOLN ST ROOM 4
SITKA,AK99835 		  PC OPERATIONAL SUPPORT 250

SITKA MARITIME HERITAGE SOCIETY

PO BOX 2153
SITKA,AK99835 		  PC OPERATIONAL SUPPORT 250

SPIRITS ALIVE

224 CONGRESS ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 250

ST JOHN'S EPISCOPAL CHURCH

170 SOUTH GLENWOOD ST
JACKSON,WY83001 		  PC OPERATIONAL SUPPORT 500

STEAMBOAT ART MUSEUM

PO BOX 775301
STEAMBOAT SPRINGS,CO80488 		  PC OPERATIONAL SUPPORT 500

STRAWBERRY BANKE MUSEUM

PO BOX 300
PORTSMOUTH,NH03802 		  PC OPERATIONAL SUPPORT 500

THE HOMER FOUNDATION

3733 BEN WALTERS LN STE 4
HOMER,AK99603 		  PC OPERATIONAL SUPPORT 250

THE OWLS HEAD TRANSPORTATION MUSEUM

117 MUSEUM ST
OWLS HEAD,ME04854 		  PC OPERATIONAL SUPPORT 250

THE TELLING ROOM

225 COMMERCIAL ST 201
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 1,000

THROUGH THESE DOORS

PO BOX 704
PORTLAND,ME04104 		  PC OPERATIONAL SUPPORT 1,000

TOYS FOR TOTS

18251 QUANTICO GATEWAY DRIVE
TRIANGLE,VA22172 		  PC OPERATIONAL SUPPORT 500

TREKKERS INC

325 OLD COUNTY RD
ROCKLAND,ME04841 		  PC OPERATIONAL SUPPORT 500

TRUSTEES OF BOSTON UNIVERSITY

1 SILBER WAY
BOSTON,MA02215 		  PC OPERATIONAL SUPPORT 500

TRUSTEES OF PHILIPS ACADEMY

180 MAIN STREET
ANDOVER,MA01810 		  PC OPERATIONAL SUPPORT 500

UNIVERSITY OF MAINE LAW SCHOOL

300 FORE STREET
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

UNIVERSITY OF MAINE LAW SCHOOL

300 FORE STREET
PORTLAND,ME04101 		  PC RURAL LAWYER PROJECT 500

UNIVERSITY OF SOUTHERN MAINE FOUNDATION

PO BOX 9300
PORTLAND,ME04104 		  PC OPERATIONAL SUPPORT 500

UNIVERSITY OF VERMONT FOUNDATION

411 MAIN STREET
BURLINGTON,VT05401 		  PC OPERATIONAL SUPPORT 500

URBAN ALCHEMY

1035 MARKET ST SUITE 150
SAN FRANCISCO,CA94103 		  PC OPERATIONAL SUPPORT 1,000

VALO

121 MAIN ST
YARMOUTH,ME04096 		  PC OPERATIONAL SUPPORT 1,000

WARNER HOUSE MUSEUM

150 DANIEL STREET
PORTSMOUTH,NH03802 		  PC OPERATIONAL SUPPORT 500

WILLOWIND THERAPEUTIC RIDING CENTER

1140 ME-3
BAR HARBOR,ME04609 		  PC OPERATIONAL SUPPORT 500

WINTERKIDS

506 MAIN ST 10
WESTBROOK,ME04092 		  PC OPERATIONAL SUPPORT 250

WMPG

96 FALMOUTH STREET
PORTLAND,ME04104 		  PC OPERATIONAL SUPPORT 500

WRANGELL MARINERS MEMORIAL

PO BOX 2346
WRANGELL,AK99929 		  PC OPERATIONAL SUPPORT 250

YOUTH JOURNALISM INTERNATIONAL

30 TAYLOR ST
AUBURN,ME04210 		  PC OPERATIONAL SUPPORT 250
Total .................................right arrow 3a 3,905,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,210,942  
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 ..... 900099 20,160 14 62,005  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    14 6,827,815  
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) .. 20,160 8,100,762 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
8,120,922
(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.)
8 NONE
Form 990-PF (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & TAX SERVICES 40,190 20,095   20,095

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Name of Bond End of Year Book Value End of Year Fair Market Value
ALLY FINANCIAL INC 5.8% BOND 262,456 250,215
AMAZON.COM INC 5.2% BOND 525,701 505,595
AMERICAN TOWER CORP 5% BOND 351,963 349,552
BANCO SANTANDER SA 5.179% BOND 204,420 198,348
CITIGROUP INC 5.5% BOND 364,605 351,592
CVS HEALTH CORP SER B 5% BOND 363,355 348,141
ENTERGY LOUISIANA LLC 5.4% BOND 257,354 249,847
GENERAL ELECTRIC CO 5.55% BOND 311,030 298,602
GENERAL MOTORS FINL CO 5.1% BOND 500,495 499,815
GOLDMAN SACHS GROUP INC 5.95% BOND 269,249 257,102
HF SINCLAIR CORP 5.875% BOND 261,916 250,798
LYONDELLBASELL IND NV 5.75% BOND 251,938 250,020
MORGAN STANLEY 5% BOND 268,491 249,630
PARAMOUNT GLOBAL 4.75% BOND 186,932 176,017
WYETH NOTE 7.25% BOND 250,835 250,090

TY 2023 InvestmentsCorpStockSchedule
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Name of Stock End of Year Book Value End of Year Fair Market Value
ALPHABET INC CAP STK CL A 229,554 631,399
AMAZON.COM INC 56,759 1,072,696
AMERICAN EXPRESS CO COM 80,267 374,680
APPLE INC 80,964 1,020,409
BANK OF AMERICA CORP 287,030 515,151
BERKSHIRE HATHAWAY INC CLASS B 466,642 497,897
BLACKROCK INC 114,534 276,012
BLACKSTONE INC 162,677 942,624
CISCO SYSTEMS INC 60,537 419,316
ELI LILLY & CO COM 45,853 728,650
EXXON MOBIL CORP 115,432 449,910
INVESCO QQQ TR UNIT SER 1 702,880 801,840
ISHARES CORE S&P 500 ETF 1,507,484 1,670,750
ISHARES TR MSCI INDIA SM CP 126,703 138,511
ISHARES TRUST ISHARES MSCI INDIA 125,453 136,794
JPMORGAN CHASE & CO 214,487 476,280
MASTERCARD INC CL A 31,688 511,812
META PLATFORMS INC CLASS A 217,728 253,081
MICROSOFT CORP 327,074 923,178
NU HOLDINGS LTD 99,566 108,290
NVIDIA CORP 48,778 198,088
OCCIDENTAL PETE CORP COM 359,586 358,260
PALO ALTO NETWORKS INC 86,996 796,176
PEPSICO INC 212,581 857,692
PRICE T ROWE GROUPS COM 6,113 877,674
PROCTER AND GAMBLE CO COM 198,266 893,894
SALESFORCE.COM INC 80,751 368,396
THERMO FISHER SCIENTIFIC INC 138,505 345,014
UNITEDHEALTH GROUP INC 147,486 315,882
VANGUARD DEVELOPED MARKETS INDEX FUND 305,781 323,371
VANGUARD INTL EQUITY INDEX FDS FTSE EMR 177,697 177,792
VERIZON COMMUNICATION INC 595,500 606,670
VIASAT INC 224,759 190,060
VISA INC 178,099 520,700

TY 2023 InvestmentsGovtObligationsSch
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
US Government Securities - End of Year Book Value:

24,550,598
US Government Securities - End of Year Fair Market Value:

24,823,313
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ENTERPRISE PRODS PARTNERS LP AT COST 0 988,125
STRAKA PARTNERS LLC AT COST 2,000,014 2,152,219

TY 2023 LegalFeesSchedule
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 29,662 0   29,662


TY 2023 OtherAssetsSchedule
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS AND DEFERRED PAYMENTS 5,125    


TY 2023 OtherExpensesSchedule
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES & SUBSCRIPTIONS 1,054 211   843
INSURANCE 15,860 3,172   12,688
OFFICE EXPENSE 9,173 1,835   7,338
ADVERTISING 8,750 1,750   7,000
OFFICE FURNISHINGS & SUPPLIES 18,907 0   18,907
PARTNERSHIP PORTFOLIO DEDUCTIONS 63,803 63,803   0
PARTNERSHIP SECTION 1231 LOSS 21 21   0
PARTNERSHIP NONDEDUCTIBLE EXPENSES 75 0   0
LICENSES & TAXES 1,750 350   1,400
BANK CHARGES 210 42   168
COMPUTER EXPENSES 11,009 2,202   8,807
REPAIRS & MAINTENANCE 1,886 377   1,509
SHIPPING & POSTAGE 2,136 427   1,709
INTERNET & TV SERVICES 2,835 567   2,268
UNCOLLECTED RECEIVABLES 29,680 0   0


TY 2023 OtherIncomeSchedule2
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PUBLICLY TRADED PARTNERSHIP FLOW-THRU UBTI ORDINARY INCOME 20,160 0 20,160
PUBLICLY TRADED PARTNERSHIP FLOW-THRU ORDINARY INCOME 127 127 127
RECOVERY OF PRIOR YEAR QUALIFYING DISTRIBUTIONS 61,878 0 61,878


TY 2023 OtherProfessionalFeesSchedule
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 1,064 1,064   0
PAYROLL PROCESSING FEES 1,299 260   1,039
CONSULTING FEES 2,295 0   2,295


TY 2023 TaxesSchedule
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 374 374   0
PAYROLL TAXES 27,900 13,928   13,972
FEDERAL EXCISE TAX ON NET INVESTMENT INCOME 63,000 0   0