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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
Saco & Biddeford Savings
Charitable Foundation
Number and street (or P.O. box number if mail is not delivered to street address)50 Industrial Park Road
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Saco, ME04072
A Employer identification number

01-0516587
B Telephone number (see instructions)

(207) 284-4591
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$713,940J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 34,469 34,469  
4 Dividends and interest from securities... 1,596 1,596  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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........ 36,065 36,065  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,100 1,050   1,050
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
12,384 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
35 0   35
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 14,519 1,050   1,085
25 Contributions, gifts, grants paid....... 359,733 359,733
26 Total expenses and disbursements. Add lines 24 and 25 374,252 1,050   360,818
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -338,187
b Net investment income (if negative, enter -0-) 35,015
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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......... 170,497 111,991 111,991
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).....      
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) 738,643 Click to see attachment
List of Attached Documents:
// Content
473,712 		473,712
b Investments—corporate stock (attach schedule)....... 99,823 Click to see attachment
List of Attached Documents:
// Content
99,823 		128,237
c Investments—corporate bonds (attach schedule).......      
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)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,008,963 685,526 713,940
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........... 1,008,963 685,526
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........    
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)..... 1,008,963 685,526
30 Total liabilities and net assets/fund balances (see instructions). 1,008,963 685,526
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
1,008,963
2
Enter amount from Part I, line 27a .....................
2
-338,187
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
15,000
4
Add lines 1, 2, and 3 ..........................
4
685,776
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
250
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
685,526
Form 990-PF (2024)
Form 990-PF (2024)
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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) 1 487
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........................... 3 487
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- ..... 5 487
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 3,400
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,400
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 2,913
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow2,913 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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
 
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:
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 arrowME
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 2024 or the taxable year beginning in 2024? 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 arrowN/A
14
The books are in care ofright arrowBrian Ballute Telephone no.right arrow (207) 284-4591

Located atright arrowPO Box 557SacoME ZIP+4right arrow04072
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 2024, 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 (2024)
Form 990-PF (2024)
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)
Yes
 
(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
 
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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)
Yes
 
(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
Yes
 
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
Daryl J Cady Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
Joan R Fink Director (end 2/2024)
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
Morris L Fisher Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
James Godbout Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
Robert C Quentin Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
Eric A Purvis Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
Kevin P Savage Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
Susan B Hadiaris Chair
0.50 		0 0 0
50 Industrial Park Road
Saco,ME04072
Mark H Jones President
0.50 		0 0 0
50 Industrial Park Road
Saco,ME04072
Katrina Desjardins Vice President
0.50 		0 0 0
50 Industrial Park Road
Saco,ME04072
Stephanie Paquet Vice President
0.50 		0 0 0
50 Industrial Park Road
Saco,ME04072
Tammy Tracy Vice President
0.50 		0 0 0
50 Industrial Park Road
Saco,ME04072
Brian T Ballute Secretary/Treasurer
2.00 		0 0 0
50 Industrial Park Road
Saco,ME04072
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 (2024)
Form 990-PF (2024)
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 (2024)
Form 990-PF (2024)
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
779,320
b
Average of monthly cash balances.......................
1b
109,779
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
889,099
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
889,099
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
13,336
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
875,763
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
43,788
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
43,788
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
487
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
487
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
43,301
4
Recoveries of amounts treated as qualifying distributions................
4
15,000
5
Add lines 3 and 4............................
5
58,301
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
58,301
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
360,818
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
360,818
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 58,301
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 401,507
b From 2020...... 405,144
c From 2021...... 400,471
d From 2022...... 446,431
e From 2023...... 406,361
f Total of lines 3a through e ........ 2,059,914
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 360,818
a Applied to 2023, 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 2024 distributable amount..... 58,301
e Remaining amount distributed out of corpus 302,517
5 Excess distributions carryover applied to 2024. 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 2,362,431
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		401,507
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		1,960,924
10 Analysis of line 9:
a Excess from 2020.... 405,144
b Excess from 2021.... 400,471
c Excess from 2022.... 446,431
d Excess from 2023.... 406,361
e Excess from 2024.... 302,517
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Brian Ballute
50 Industrial Park Road
Saco,ME04072
(207) 284-4591
bThe form in which applications should be submitted and information and materials they should include:
Amount requested; proof of 501(c)(3) status; and statement of intended use.
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Must be a 501(c)(3) organization and a qualifying public charity. Application must describe persons/communities served.
Form 990-PF (2024)
Form 990-PF (2024)
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

317 Main Community Music Center

317 Main Street
Yarmouth,ME040967939 		N/A PC General Operating Support 250

57 Stallions Youth Basketball Association

121 Stone Road
Alfred,ME040023613 		N/A PC General Operating Support 250

Adoptive & Foster Families of Maine Inc

304 Hancock Street 2A
Bangor,ME04401 		N/A PC General Operating Support 250

Age Friendly Saco

75 Franklin Street
Saco,ME04072 		N/A PC General Operating Support 1,100

Aid For Saco Kids

90 Beach Street
Saco,ME040722812 		N/A PC General Operating Support 100

Alzheimer's Disease and Related Disorders Association Inc

225 N Michigan Avenue 17th Floor
Chicago,IL606017633 		N/A PC Alzheimer's Association, Maine Chapter 1,700

American Cancer Society

270 Peachtree Street NW 1300
Atlanta,GA30303 		N/A PC General Operating Support 200

American Youth Football Inc

13 Virginia Street
Westbrook,ME040923629 		N/A PC Westbrook Youth Football 500

AMVETS National Service Foundation

PO Box 96175
Washington,DC20090 		N/A PC General Operating Support 200

Animal Refuge League of Greater Portland

PO Box 336
Westbrook,ME04098 		N/A PC General Operating Support 1,300

Animal Welfare Society

PO Box 43
West Kennebunk,ME040940043 		N/A PC General Operating Support 1,300

Annie's Angels Memorial Fund

8 Jana Lane
Stratham,NH03885 		N/A PC General Operating Support 500

Apex Youth Connection

45 Granite Street
Biddeford,ME040053657 		N/A PC General Operating Support 1,500

Arundel Historical Society

3 Talbot Drive
Arundel,ME04046 		N/A PC General Operating Support 250

Autism Speaks

50 F Street 360
Washington,DC20001 		N/A PC General Operating Support 500

Best Buddies International Inc

100 SE 2nd Street Suite 2200
Miami,FL33131 		N/A PC Best Buddies, Maine Chapter 1,000

Biddeford Food Pantry

162 Elm Street
Biddeford,ME04005 		N/A PC General Operating Support 2,000

Biddeford Youth Hockey Association

PO Box 873
Biddeford,ME040050873 		N/A PC General Operating Support 1,000

Biddeford Youth Lacrosse

20 Shepherds Way
Biddeford,ME04005 		N/A PC General Operating Support 250

Big Brothers Big Sisters of Southern Maine

625 Main Street
Westbrook,ME040924120 		N/A PC General Operating Support 3,000

Boys & Girls Clubs of Southern Maine

277 Cumberland Avenue
Portland,ME041014919 		N/A PC General Operating Support 10,000

Brick Store Museum

117 Main Street
Kennebunk,ME04043 		N/A PC General Operating Support 500

Camp Kita Inc

PO Box 238
North Berwick,ME03906 		N/A PC General Operating Support 1,800

Cape Robotics

345 Ocean House Road
Cape Elizabeth,ME04107 		N/A PC General Operating Support 250

Caring Unlimited

965 Main Street
Sanford,ME040733764 		N/A PC General Operating Support 5,000

Casco Bay Bluefin Bonanza

727 Poland Range Road
Pownal,ME04069 		N/A PC General Operating Support 500

Center for Grieving Children

555 Forest Avenue
Portland,ME041011504 		N/A PC General Operating Support 8,730

Children's Museum and Theatre of Maine

250 Thompsons Point Road
Portland,ME04102 		N/A PC General Operating Support 1,000

City Theater Associates Inc

PO Box 993
Biddeford,ME04005 		N/A PC General Operating Support 2,500

Community Dental

190 Park Avenue
Portland,ME041022910 		N/A PC General Operating Support 3,000

Continuum Arts Collective

76 Lower Main Street
North Berwick,ME039066712 		N/A PC General Operating Support 300

Creative Work Systems

10 Speirs Street
Westbrook,ME040924122 		N/A PC General Operating Support 2,500

Cystic Fibrosis Foundation

4550 Montgomery Avenue
Bethesda,MD20814 		N/A PC Northern New England Chapter 500

Dana Farber Cancer Institute

450 Brookline Avenue
Boston,MA02215 		N/A PC General Operating Support 2,000

Dempsey Centers for Quality Cancer Care

29 Lowell Street Suite 5
Lewiston,ME04240 		N/A PC General Operating Support 3,000

Dream Factory of Maine

PO Box 702
Gorham,ME04038 		N/A PC General Operating Support 500

Dyer Library Association

371 Main Street
Saco,ME040721520 		N/A PC General Operating Support 1,800

Eastern Trail Alliance

PO Box 250
Saco,ME040720250 		N/A PC General Operating Support 1,000

Ecology Education Inc

184 Simpson Road
Saco,ME040729514 		N/A PC General Operating Support 1,500

Eleanor Clare Paye Charitable Fund

291 Ferry Road
Saco,ME040722209 		N/A PC General Operating Support 200

Esther Residence

27 Thornton Avenue
Saco,ME04072 		N/A PC General Operating Support 200

Farnsworth Art Museum

356 Main Street
Rockland,ME048413347 		N/A PC General Operating Support 200

First Congregational Church of Scarborough

167 Black Point Road
Scarborough,ME04074 		N/A PC General Operating Support 1,500

First Congregational Church of South Portland

301 Cottage Road
South Portland,ME04106 		N/A PC General Operating Support 1,500

First Parish Congregational Church Saco

12 Beach Street
Saco,ME04072 		N/A PC General Operating Support 500

Fisher Center for Alzheimer's Research Foundation

FDR Station PO Box 220
New York,NY10150 		N/A PC General Operating Support 200

Foundation for Portland Public Schools

353 Cumberland Avenue
Portland,ME04101 		N/A PC General Operating Support 1,500

Frannie Peabody Center

30 Danforth Street 311
Portland,ME041014574 		N/A PC General Operating Support 500

Friends of the Preserve

PO Box 458
Stonewall,TX78671 		N/A PC General Operating Support 200

Friendship House Inc

390 Lincoln Street
South Portland,ME04106 		N/A PC General Operating Support 200

Furniture Friends

PO Box 631
Westbrook,ME040980631 		N/A PC General Operating Support 1,000

Girl Scouts of Maine

138 Gannett Drive
South Portland,ME041066938 		N/A PC General Operating Support 1,500

GMP Charities Inc

743 Portland Road
Saco,ME040729005 		N/A PC General Operating Support 200

Good Shepherd Food Bank

3121 Hotel Road
Auburn,ME042108398 		N/A PC General Operating Support 5,000

Grahamtastic Connection

21 Bradeen Street 107
Springvale,ME04083 		N/A PC General Operating Support 1,000

Greater Portland Peer Services

400 Riverside Street
Portland,ME041031068 		N/A PC General Operating Support 300

Gulf of Maine Research Institute

350 Commercial Street
Portland,ME041014618 		N/A PC General Operating Support 1,500

Habitat for Humanity York County

PO Box 267
Kennebunk,ME04043 		N/A PC General Operating Support 10,000

Heart of Biddeford

205 Main Street Suite 103
Biddeford,ME040052414 		N/A PC General Operating Support 6,500

Hearts & Horses Therapeutic Riding Center

63 Justin Merrill Road
Buxton,ME04093 		N/A PC General Operating Support 250

Homeworks

PO Box 2351
Augusta,ME043382351 		N/A PC General Operating Support 1,000

Honor Flight Maine Inc

PO Box 699
Brunswick,ME040110699 		N/A PC General Operating Support 250

Hoops For Hope

10 Atlantic Way
Saco,ME04072 		N/A PC General Operating Support 1,000

Hospice of Southern Maine

390 US Route 1
Scarborough,ME040749772 		N/A PC General Operating Support 17,450

Hurricane Island Outward Bound School

PO Box 800
Camden,ME048430800 		N/A PC General Operating Support 250

ITNPortland

479 Main Street
Westbrook,ME04092 		N/A PC General Operating Support 250

John Duranceau Scholarship Fund

6 Plymouth Drive
Saco,ME040721734 		N/A PC General Operating Support 3,090

Jumpstart Coalition for Personal Financial Literacy

PO Box 5024
Augusta,ME043325024 		N/A PC General Operating Support 1,500

Kennebunk Land Trust

6 Brown Street
Kennebunk,ME04043 		N/A PC General Operating Support 500

Kennebunk Little League

54 Whitten Hill Road
Kennebunkport,ME040465114 		N/A PC General Operating Support 100

Kennebunkport Historical Society

PO Box 1173
Kennebunkport,ME04046 		N/A PC General Operating Support 250

Ketcha Outdoors

336 Black Point Road
Scarborough,ME04074 		N/A PC General Operating Support 250

Kids First Center

51 US Route 1 Suite S
Scarborough,ME040747134 		N/A PC General Operating Support 2,500

Kids Free to Grow

57 Portland Road Suite 4
Kennebunk,ME040436662 		N/A PC General Operating Support 2,500

La Kermesse

PO Box 289
Biddeford,ME04005 		N/A PC General Operating Support 3,000

LifeFlight Foundation

PO Box 859
Augusta,ME04332 		N/A PC General Operating Support 500

Locker Project

PO Box 3134
Portland,ME041043134 		N/A PC General Operating Support 2,500

LYMETV

PO Box 15369
Portland,ME041125369 		N/A PC General Operating Support 500

Lyric Music Theatre

176 Sawyer Street
South Portland,ME04106 		N/A PC General Operating Support 1,400

Maine Adaptive Sports & Recreation

PO Box 853
Bethel,ME04217 		N/A PC General Operating Support 1,000

Maine Audubon

20 Gilsland Farm Road
Falmouth,ME04105 		N/A PC General Operating Support 250

Maine Behavioral Healthcare

78 Atlantic Place
South Portland,ME041062316 		N/A PC General Operating Support 13,500

Maine Cancer Foundation

170 US Route 1 250
Falmouth,ME04105 		N/A PC General Operating Support 5,000

Maine Coast Fisherman's Association

93 Pleasant Street
Brunswick,ME04011 		N/A PC General Operating Support 500

Maine Crafts Association

PO Box 342
Gardiner,ME043450342 		N/A PC General Operating Support 250

Maine Foodscapes

22 Montgomery Road
Windham,ME040624137 		N/A PC General Operating Support 500

Maine Fore Charity

96 India Street
Portland,ME041014230 		N/A PC General Operating Support 3,300

Maine Future Business Leaders of America

PO Box 400
Sabattus,ME04280 		N/A PC General Operating Support 250

Maine Needs

PO Box 4174
Portland,ME041010374 		N/A PC General Operating Support 1,000

Maine Senior Games

201 Bradley Street
Portland,ME04102 		N/A PC General Operating Support 2,000

Maine Women's Conference Inc

PO Box 1605
Portland,ME04104 		N/A PC General Operating Support 1,500

Maine Women's Lobby and MWL Education Funds

295 Water Street 10
Augusta,ME04330 		N/A PC General Operating Support 1,000

Maine Youth Leadership

PO Box 11483
Portland,ME041047483 		N/A PC General Operating Support 500

MaineHealth

22 Bramhall Street
Portland,ME041023134 		N/A PC $1,000 Barbara Bush Children's Hosptial; $1,000 Maine Med 2,000

Make-A-Wish Foundation of Maine

66 Mussey Road
Scarborough,ME040748921 		N/A PC General Operating Support 5,000

MAPS Scholarship Foundation

PO Box 676
Old Orchard Beach,ME04064 		N/A PC General Operating Support 300

Marine Mammals of Maine

PO Box 751
Bath,ME045300751 		N/A PC General Operating Support 150

Marine Toys for Tots Foundation

18251 Quantico Gateway Drive
Triangle,VA04072 		N/A PC Toys For Tots Saco Maine 1,000

Michael T Goulet TBI & Epilepsy Foundation

19 Thunder Road
Saco,ME040722125 		N/A PC General Operating Support 3,000

My Place Teen Center Inc

755 Main Street
Westbrook,ME040923416 		N/A PC General Operating Support 1,800

New England Parkinson's Ride

PO Box 1124
Merrimack,NH030541124 		N/A PC General Operating Support 500

Ocean Park Association

PO Box 7296
Ocean Park,ME040637296 		N/A PC General Operating Support 3,500

Old Orchard Beach Alumni Association Inc

PO Box 337
Old Orchard Beach,ME040640337 		N/A PC General Operating Support 100

Old Orchard Beach Community Food Pantry

155 Saco Avenue
Old Orchard Beach,ME04064 		N/A PC General Operating Support 1,250

Old Orchard Beach United Methodist Church

6 Fountain Avenue
Old Orchard Beach,ME04064 		N/A PC General Operating Support 1,250

Olympia Snowe Women's Leadership Institute

1 Canal Plaza Suite 501
Portland,ME041014083 		N/A PC General Operating Support 1,500

Pine Tree Society

149 Front Street
Bath,ME04530 		N/A PC General Operating Support 1,000

Portland Museum of Art

7 Congress Square
Portland,ME04101 		N/A PC General Operating Support 500

Portland Ovations

120 Exchange Street
Portland,ME04101 		N/A PC General Operating Support 3,000

Portland Theater Festival

48 Lafayette Street 2
Portland,ME04101 		N/A PC General Operating Support 300

Portland Trails

305 Commercial Street
Portland,ME041014641 		N/A PC General Operating Support 500

Preble Street

38 Preble Street 3rd Floor
Portland,ME041012049 		N/A PC General Operating Support 1,000

Project Feed

202 Woodford Street
Portland,ME041035602 		N/A PC General Operating Support 500

Project Grace

PO Box 6846
Scarborough,ME04070 		N/A PC General Operating Support 1,600

Riding to the Top Therapeutic Riding Center

14 Lilac Drive
Windham,ME04062 		N/A PC General Operating Support 450

Riverview Foundation

10 Tibbetts Drive 400
Brunswick,ME04011 		N/A PC General Operating Support 250

Robbie Foundation

PO Box 1534
Scarborough,ME040701534 		N/A PC General Operating Support 1,000

Ronald McDonald House Charities Inc

250 Brackett Street
Portland,ME041023208 		N/A PC General Operating Support 4,000

Saco Bay Lacrosse Club

PO BOX 1294
Saco,ME040721294 		N/A PC General Operating Support 500

Saco Bay Trails

PO Box 720
Saco,ME04072 		N/A PC General Operating Support 720

Saco Food Pantry Inc

67 Ocean Park Road
Saco,ME04072 		N/A PC $6,850- Food Pantry; $1,250 - Open Hands Open Hearts 8,100

Saco Little League

PO Box 285
Saco,ME04072 		N/A PC General Operating Support 600

Saco Main Street

PO Box 336
Saco,ME040720336 		N/A PC General Operating Support 6,500

Saco River Salmon Club (aka Saco Salmon Restoration Alliance & Hatchery)

PO Box 115
Saco,ME04072 		N/A PC General Operating Support 500

Saco River Theatre

PO Box 661
Bar Mills,ME040040661 		N/A PC General Operating Support 1,000

Saco River Wildlife Center

238 River Road
Limington,ME04049 		N/A PC General Operating Support 1,000

Saco Valley Land Trust

225 Main Street 1581
Saco,ME04072 		N/A PC General Operating Support 500

Saltwater Classroom

18 Trim Street
Camden,ME048431626 		N/A PC General Operating Support 250

Sanford Mainers Inc

PO Box 26
Sanford,ME040730026 		N/A PC General Operating Support 250

Scarborough Community Thanksgiving

PO Box 501
Scarborough,ME040700501 		N/A PC General Operating Support 250

Scarborough Economic Development Corporation

PO Box 550
Scarborough,ME04070 		N/A PC General Operating Support 250

Scarborough Kiwanis Charitable Foundation

PO Box 846
Scarborough,ME040700846 		N/A PC General Operating Support 1,500

Scarborough Land Conservation Trust

PO Box 1237
Scarborough,ME040701237 		N/A PC General Operating Support 750

Scarborough Public Library

48 Gorham Road
Scarborough,ME040749501 		N/A PC General Operating Support 250

School Around Us

281 Log Cabin Road
Arundel,ME040467720 		N/A PC General Operating Support 250

Sea Change Yoga

PO Box 8135
Portland,ME04104 		N/A PC General Operating Support 250

Seeds of Hope Neighborhood Center

35 South Street
Biddeford,ME040052473 		N/A PC General Operating Support 4,900

Shalom House

106 Gilman Street
Portland,ME041023034 		N/A PC General Operating Support 250

Shutterbugs 4 Charity

488 Ferry Road
Saco,ME040722216 		N/A PC General Operating Support 2,700

South Portland Cape Elizabeth Rotary Charitable Fund

50 Market Street 1A
South Portland,ME04106 		N/A PC General Operating Support 3,500

South Portland Food Cupboard

130 Thadeus Street
South Portland,ME041066249 		N/A PC General Operating Support 2,000

South Portland Historical Society

55 Bug Light Park
South Portland,ME041061654 		N/A PC General Operating Support 1,000

Southern Maine Agency on Aging

30 Barra Road
Biddeford,ME040059459 		N/A PC General Operating Support 2,500

Southern Maine Community College Foundation

2 Fort Road
South Portland,ME041061698 		N/A PC General Operating Support 250

Southern Maine Health Care

PO Box 626
Biddeford,ME040050626 		N/A PC General Operating Support 7,000

Special Surfers

PO Box 752
Saco,ME040720752 		N/A PC General Operating Support 2,000

Spurwink

901 Washington Avenue
Portland,ME04103 		N/A PC General Operating Support 3,000

St Andre Home

PO Box 2373
Bangor,ME04402 		N/A PC $350 Courage LIVES 350

St Demetrios Greek Orthodox Church

186 Bradley Street
Saco,ME04072 		N/A PC General Operating Support 250

St James Catholic School

25 Graham Street
Biddeford,ME04005 		N/A PC General Operating Support 2,950

St Jude Children's Research Hospital

501 St Jude Place
Memphis,TN38105 		N/A PC General Operating Support 200

Step Up Parents

PO Box 1603
Portsmouth,NH03801 		N/A PC General Operating Support 500

STRIVE

39 Darling Avenue
South Portland,ME04106 		N/A PC General Operating Support 5,500

Sweetser

50 Moody Street
Saco,ME040721536 		N/A PC General Operating Support 5,500

Swim Across America Inc

8508 Park Road 389
Charlotte,NC28210 		N/A PC General Operating Support 250

The Family Restored

PO Box 10116
Portland,ME04104 		N/A PC General Operating Support 500

The Iris Network

189 Park Avenue
Portland,ME04102 		N/A PC General Operating Support 250

The Lano Family Foundation

15311 NE 16th Street
Vancouver,WA98684 		N/A PC General Operating Support 300

The Opportunity Alliance

50 Lydia Lane
South Portland,ME041062156 		N/A PC General Operating Support 2,500

The Ryan Home Project

PO Box 193
North Berwick,ME03906 		N/A PC General Operating Support 300

The Salvation Army National Corporation

615 Slaters Lane
Alexandria,VA22314 		N/A PC Salvation Army Old Orchard Beach 3,100

The Thomas Behen Fund

29 Village Lane
Biddeford,ME040059334 		N/A PC General Operating Support 300

The Yellow Tulip Project

63 Federal Street
Portland,ME04101 		N/A PC General Operating Support 250

Thornton Academy Hockey Boosters Association

PO Box 864
Saco,ME040720864 		N/A PC General Operating Support 250

Thornton Academy

438 Main Street
Saco,ME040721565 		N/A PC General Operating Support 9,843

Tri City Community Chorus

PO Box 423
Biddeford,ME04005 		N/A PC General Operating Support 500

Union Church

3 Stonecliff Road
Biddeford Pool,ME04006 		N/A PC General Operating Support 2,000

United Way of Southern Maine

550 Forest Avenue 100
Portland,ME04101 		N/A PC General Operating Support 46,200

University of New England

11 Hills Beach Road
Biddeford,ME040059526 		N/A PC General Operating Support 600

University of Southern Maine

96 Falmouth Street
Portland,ME04103 		N/A GOV General Operating Support 10,000

Volunteers of America Northern New England

14 Maine Street 100
Brunswick,ME04011 		N/A PC General Operating Support 1,000

Waddles for A Cause

16 Davis Road
Buxton,ME040933455 		N/A PC General Operating Support 400

Wardwell Home for Aging

43 Middle Street
Saco,ME040723300 		N/A EOF General Operating Support 1,000

Warrior Legacy Foundation

PO Box 1797
Saco,ME04072 		N/A PC Wounded Heroes Program of Maine 250

Wayside Food Programs

PO Box 1278
Portland,ME041041278 		N/A PC General Operating Support 800

Westbrook Community Food & Resource Center

426 Bridge Street
Westbrook,ME04092 		N/A PC Westbrook Food Pantry 1,800

Westbrook Historical Society

426 Bridge Street
Westbrook,ME040923189 		N/A PC General Operating Support 300

Westbrook Little League

PO Box 1170
Westbrook,ME040981170 		N/A PC General Operating Support 550

Westbrook Music Boosters

PO Box 1119
Westbrook,ME040981119 		N/A PC General Operating Support 250

Westbrook Paper City Hoops

34 Cardinal Way
Westbrook,ME04098 		N/A PC General Operating Support 250

Westbrook Soccer Club

PO Box 845
Westbrook,ME040980845 		N/A PC General Operating Support 500

Westbrook Strong

20 Webster Street
Westbrook,ME040922433 		N/A PC General Operating Support 500

Westbrook Warren Congregational Church

810 Main Street
Westbrook,ME04092 		N/A PC General Operating Support 300

Wreaths Across America

PO Box 249
Columbia Falls,ME046230249 		N/A PC General Operating Support 750

Yamba Abaana

PO Box 880
Grants Pass,OR97528 		N/A PC General Operating Support 1,000

YMCA of Southern Maine

70 Forest Avenue
Portland,ME041012813 		N/A PC General Operating Support 1,500

York County Community College Foundation

PO Box 529
Wells,ME040900529 		N/A PC General Operating Support 650

York County Shelter Programs

24 George Street
Alfred,ME040023296 		N/A PC General Operating Support 500

Youth Full Maine

PO Box 745
Biddeford,ME040050745 		N/A PC General Operating Support 250
Total .................................right arrow 3a 359,733
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 34,469  
4 Dividends and interest from securities ....     14 1,596  
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 ............ 		         
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) .. 0 36,065 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
36,065
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting fees 2,100 1,050   1,050

TY 2024 InvestmentsCorpStockSchedule
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Name of Stock End of Year Book Value End of Year Fair Market Value
238 shares VOO 99,823 128,237

TY 2024 InvestmentsGovtObligationsSch
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
US Government Securities - End of Year Book Value:

473,712
US Government Securities - End of Year Fair Market Value:

473,712
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 OtherDecreasesSchedule
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Description Amount
Grants inadvertently paid to non-charitable entities 250


TY 2024 OtherExpensesSchedule
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Filing fees 35 0   35


TY 2024 OtherIncreasesSchedule
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Description Amount
Recoveries of prior year charitable distributions 15,000


TY 2024 TaxesSchedule
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise taxes 12,384 0   0