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
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$51,230,185J 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... 1,535,605 1,535,605  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,639,988
b Gross sales price for all assets on line 6a 27,345,488
7 Capital gain net income (from Part IV, line 2)... 2,639,988
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
6,113 0  
12 Total. Add lines 1 through 11........ 4,181,706 4,175,593  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 618,293 290,889   327,404
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 96,737 35,847   60,890
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
124,009 0   124,009
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
59,254 29,627   29,627
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,423 285   1,138
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
88,487 16,564   15,923
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 46,332 9,266   37,066
21 Travel, conferences, and meetings....... 43,766 21,883   21,883
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
242,025 39,060   25,152
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,320,326 443,421   643,092
25 Contributions, gifts, grants paid....... 5,746,350 5,746,350
26 Total expenses and disbursements. Add lines 24 and 25 7,066,676 443,421   6,389,442
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,884,970
b Net investment income (if negative, enter -0-) 3,732,172
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.............   4,144 4,144
2 Savings and temporary cash investments......... 243,484 207,376 207,376
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) 24,550,598 Click to see attachment
List of Attached Documents:
// Content
5,778,189 		5,774,854
b Investments—corporate stock (attach schedule)....... 7,814,210 Click to see attachment
List of Attached Documents:
// Content
18,841,841 		31,720,247
c Investments—corporate bonds (attach schedule)....... 4,630,740 Click to see attachment
List of Attached Documents:
// Content
8,069,042 		7,925,402
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).......... 2,000,014 Click to see attachment
List of Attached Documents:
// Content
3,454,530 		5,598,162
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) 39,239,046 36,355,122 51,230,185
Liabilities 17 Accounts payable and accrued expenses..........   1,046
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 1,046
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 39,239,046 36,354,076
29 Total net assets or fund balances (see instructions)..... 39,239,046 36,354,076
30 Total liabilities and net assets/fund balances (see instructions). 39,239,046 36,355,122
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
39,239,046
2
Enter amount from Part I, line 27a .....................
2
-2,884,970
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
36,354,076
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
36,354,076
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.)
1 a PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c STRAKA PARTNERS LLC K1 P    
d STRAKA PARTNERS LLC K1 P    
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 3,377,775   1,298,808 2,078,967
b 23,962,850   23,406,692 556,158
c 1,737     1,737
d 3,126     3,126
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       2,078,967
b       556,158
c       1,737
d       3,126
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 2,639,988
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 51,877
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 51,877
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 51,877
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 37,321
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 37,321
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 14,556
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
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
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 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 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 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)
 
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 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)
 
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 		279,575 69,237 0
C/O FOX ROTHSCHILD LLP 101 PARK
AVENUE 17TH FLOOR
NEW YORK,NY10178
CHRISTOPHER N ROBINSON TREASURER
30.00 		278,718 27,500 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 SECRETARY
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
ROWLAND E 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 (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
PULLMAN & COMLEY LEGAL 119,536
850 MAIN STREET PO BOX 7006
BRIDGEPORT,CT06601
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
52,131,436
b
Average of monthly cash balances.......................
1b
912,960
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
53,044,396
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
53,044,396
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
795,666
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
52,248,730
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,612,437
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
2,612,437
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
51,877
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
51,877
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,560,560
4
Recoveries of amounts treated as qualifying distributions................
4
6,000
5
Add lines 3 and 4............................
5
2,566,560
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
2,566,560
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
6,389,442
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
6,389,442
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 2,566,560
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......  
b From 2020...... 759,509
c From 2021...... 1,150,351
d From 2022...... 1,489,022
e From 2023...... 1,980,713
f Total of lines 3a through e ........ 5,379,595
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 6,389,442
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..... 2,566,560
e Remaining amount distributed out of corpus 3,822,882
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 9,202,477
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) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		9,202,477
10 Analysis of line 9:
a Excess from 2020.... 759,509
b Excess from 2021.... 1,150,351
c Excess from 2022.... 1,489,022
d Excess from 2023.... 1,980,713
e Excess from 2024.... 3,822,882
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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

240 STRINGS

PO BOX 10193
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

826 VALENCIA

1310 4TH ST
SAN FRANCISCO,CA94158 		  PC OPERATIONAL SUPPORT 500

ARCH ASSOCIATION FOR ROLLINSFORD CULURAL HISTORY

47 WATER ST
ROLLINSFORD,NH03869 		  PC OPERATIONAL SUPPORT 500

ADAPTIVE OUTDOOR EDUCATION CENTER

675 OLD PORTLAND RD
BRUNSWICK,ME04011 		  PC OPERATIONAL SUPPORT 1,000

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 2,500

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 1,000

BIDDEFORD FOOD PANTRY

162 ELM ST
BIDDEFORD,ME04005 		  PC OPERATIONAL SUPPORT 500

BLACK HILLS AREA COMMUNITY FOUNDATION

243 FOUNDERS PARK DR STE 102
RAPID CITY,SD57701 		  PC OPERATIONAL SUPPORT 500

BOYS & GIRLS CLUB OF SOUTHERN MAINE

PO BOX 7830
PORTLAND,ME04112 		  PC OPERATIONAL SUPPORT 250

CAPITOL SQUASH INC

300 SUMMIT ST
HARTFORD,CT06106 		  PC OPERATIONAL SUPPORT 500

CASTING FOR RECOVERY

109 E OAK ST STE 1G
BOZEMAN,MT59715 		  PC OPERATIONAL SUPPORT 750

CENTER FOR FURNITURE CRAFTSMANSHIP

25 MILL ST
ROCKPORT,ME04856 		  PC OPERATIONAL SUPPORT 500

CENTER FOR GRIEVING CHILDREN

555 FOREST AVE
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

CHILDREN'S MUSEUM & THEATRE OF MAINE COMMUNITY FUND

250 THOMPSONS POINT RD
PORTLAND,ME04102 		  PC OPERATIONAL SUPPORT 1,000

COMMUNITY KITCHENS

PO BOX 16026
OAKLAND,CA94610 		  PC OPERATIONAL SUPPORT 1,000

CORNELL LAB OF ORNOTHOLOGY

159 SAPSUCKER WOODS RD
ITHACA,NY14850 		  PC OPERATIONAL SUPPORT 500

CULTIVATING COMMUNITY

58 BOYD ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

ENGINE INC

PO BOX 1681
BIDDEFORD,ME04005 		  PC OPERATIONAL SUPPORT 500

ESTHER HOUSE GOOD SHEPHERD PARISH

271 MAIN ST
SACO,ME04072 		  PC OPERATIONAL SUPPORT 500

FALMOUTH LAND TRUST

74 LUNT RD
FALMOUTH,ME04105 		  PC OPERATIONAL SUPPORT 250

FAMILY ICE CENTER

20 HAT TRICK DR
FALMOUTH,ME04105 		  PC OPERATIONAL SUPPORT 250

FENIX THEATRE COMPANY

23 MAY ST
PORTLAND,ME04102 		  PC OPERATIONAL SUPPORT 1,000

FOOD FOR ALL SERVICES

72 PARRIS ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 1,000

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 500

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 STE A
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 500

HAND IN HAND MANO EN MANO

2 MAPLE ST
MILLBRIDGE,ME04658 		  PC OPERATIONAL SUPPORT 2,500

HEART OF BIDDEFORD

205 MAIN ST
BIDDEFORD,ME04005 		  PC OPERATIONAL SUPPORT 500

HERRING GUT COASTAL SCIENCE CENTER

59 FACTORY RD
PORT CLYDE,ME04855 		  PC OPERATIONAL SUPPORT 500

HOPE ACTS

PO BOX 7615
PORTLAND,ME04112 		  PC OPERATIONAL SUPPORT 2,500

HUMAN RIGHTS FIRST

825 21ST ST NW PMB 253
WASHINGTON,DC20006 		  PC OPERATIONAL SUPPORT 500

I'M YOUR NEIGHBOR BOOKS

84 COVE ST STE 4
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 2,500

IMMIGRANT LEGAL ADVOCACY PROJECT

489 CONGRESS ST 3RD FL
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 1,000

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

KETCHA OUTDOORS

336 BLACK POINT RD
SCARBOROUGH,ME04074 		  PC OPERATIONAL SUPPORT 500

KIDS FIRST CENTER

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

LA COCINA

2948 FOLSOM ST
SAN FRANCISCO,CA94110 		  PC OPERATIONAL SUPPORT 1,000

LEGAL SERVICES FOR THE ELDERLY

5 WABON ST
AUGUSTA,ME04330 		  PC OPERATIONAL SUPPORT 1,000

LIFEFLIGHT FOUNDATION

13 MAIN ST
CAMDEN,ME04843 		  PC OPERATIONAL SUPPORT 1,000

MAINE ACADEMY OF MODERN MUSIC

125 PRESUMPSCOT ST
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 500

MAINE ACCESS POINTS

PO BOX 32
BRUNSWICK,ME04011 		  PC OPERATIONAL SUPPORT 1,000

MAINE AUDUBON BIRD SAFE MAINE

20 GILSLAND FARM RD
FALMOUTH,ME04105 		  PC OPERATIONAL SUPPORT 100

MAINE COAST HERITAGE TRUST

1 BOWDOIN MILL ISLAND STE 201
TOPSHAM,ME04086 		  PC OPERATIONAL SUPPORT 250

MAINE COMMUNITY SWIMMING

353 CUMBERLAND AVE
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 10,000

MAINE EQUAL JUSTICE

126 SEWALL ST
AUGUSTA,ME04330 		  PC OPERATIONAL SUPPORT 1,000

MAINE HISTORICAL SOCIETY

489 CONGRESS ST STE 2
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

MAINE ISLAND TRAILS ASSOCIATION

100 KENSINGTON ST
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 250

MAINE MARITIME MUSEUM

243 WASHINGTON ST
BATH,ME04530 		  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 SEACOAST MISSION

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

MAINE SUMMER CAMPS

550 FOREST AVENUE STE 203
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 1,000

MARINE MAMMALS OF MAINE

78 WATER ST
BRUNSWICK,ME04011 		  PC OPERATIONAL SUPPORT 500

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 1,000

MILESTONE RECOVERY

65 INDIA ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

MINNEWAWA SPORTSMANS CLUB INC

20322 GOSHAWK ST
MCGREGOR,MN55760 		  PC OPERATIONAL SUPPORT 500

MY PLACE TEEN CENTER

755 MAIN ST
WESTBROOK,ME04092 		  PC OPERATIONAL SUPPORT 500

NATIONAL TRUST FOR HISTORIC PRESERVATION

600 14TH ST NW STE 500
WASHINGTON,DC20005 		  PC OPERATIONAL SUPPORT 500

NATURAL RESOURCES DEFENSE COUNCIL

40 WEST 20TH STREET 11TH FL
NEW YORK,NY10011 		  PC OPERATIONAL SUPPORT 250

NORTHEASTERN UNIVERSITY

360 HUNTINGTON AVE
BOSTON,MA02115 		  PC OPERATIONAL SUPPORT 500

NORTHERN FOREST CANOE TRAIL

831 MILL BROOK RD
WAITSFIELD,VT05673 		  PC OPERATIONAL SUPPORT 250

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 250

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

OPPORTUNITY ALLIANCE

50 LYDIA LN
SOUTH PORTLAND,ME04106 		  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 1,000

PORTLAND COMMUNITY SQUASH

66 NOYES ST
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 4,000

PORTLAND PARKS CONSERVANCY

212 CANCO ROAD STE A
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 500

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 STE 216A
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

RANGELEY LAKES HERITAGE TRUST

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

RIPPLEFFECT INC

159 STATE STREET
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 6,000

BESSEMER GIVING FUND

100 WOODBRIDGE CENTER DRIVE
WOODBRIDGE,NJ07095 		  PC OPERATIONAL SUPPORT 5,615,000

SAIL MAINE

58 FORE ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 36,000

SAIL TO PREVAIL

174 BELLEVUE AVE
NEWPORT,RI02840 		  PC OPERATIONAL SUPPORT 500

SEEDS OF HOPE

35 SOUTH ST
BIDDEFORD,ME04005 		  PC OPERATIONAL SUPPORT 1,000

SEEDS OF PEACE

183 POWHATAN RD
OTISFIELD,ME04270 		  PC OPERATIONAL SUPPORT 1,000

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 ANTHONY'S

268 BROWN ST
WESTBROOK,ME04092 		  PC OPERATIONAL SUPPORT 500

ST LUKE'S FOOD PANTRY ST LUKE'S EPISCOPAL CATHEDRAL

134 PARK ST
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 1,000

THE TELLING ROOM

225 COMMERCIAL ST 201
PORTLAND,ME04101 		  PC OPERATIONAL SUPPORT 500

THROUGH THESE DOORS

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

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 1,000

UNIVERSITY OF VERMONT FOUNDATION

411 MAIN STREET
BURLINGTON,VT05401 		  PC OPERATIONAL SUPPORT 500

URBAN ALCHEMY

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

VALO

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

WAYSIDE FOOD KITCHEN

135 WALTON ST
PORTLAND,ME04103 		  PC OPERATIONAL SUPPORT 1,000

WHITEFIELD LIBRARY

1 ARLINGTON LN
WHITEFIELD,ME04353 		  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

YOUTH FULL MAINE

11 MAPLEWOOD AVE
BIDDEFORD,ME04005 		  PC OPERATIONAL SUPPORT 500

YOUTH JOURNALISM INTERNATIONAL

30 TAYLOR ST
AUBURN,ME04210 		  PC OPERATIONAL SUPPORT 500

RIDING TO THE TOP

14 LILAC DR
WINDHAM,ME04062 		  PC OPERATIONAL SUPPORT 500
Total .................................right arrow 3a 5,746,350
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 ........... 		         
4 Dividends and interest from securities ....     14 1,535,605  
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 .....     14 6,113  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,639,988  
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 4,181,706 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,181,706
(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 (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:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & TAX SERVICES 59,254 29,627   29,627

TY 2024 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 253,135 250,285
ALLY FINANCIAL INC SER A MTN 5.25% BOND 1,200,124 1,150,224
ALLY FINANCIAL INC SER A MTN 6% BOND 500,208 477,995
ALLY FINANCIAL INC SER A MTN 6.1% BOND 500,205 491,245
AMAZON.COM INC 5.2% BOND 512,460 502,845
BANCO SANTANDER SA 5.179% BOND 202,110 199,772
CITIGROUP INC 5.5% BOND 356,088 351,543
ENERGY TRANSFER L P SER B 5.5% BOND 498,000 506,420
GE AEROSPACE MTN 5.55% BOND 305,638 300,414
GOLDMAN SACHS GROUP INC 5.95% BOND 263,111 256,192
GOLDMAN SACHS GROUP INC SER N MTN 5.25% BOND 1,002,644 976,760
GOLDMAN SACHS GROUP INC SER N MTN 5.375% BOND 456,205 447,619
HCA INC. 5.875% BOND 502,761 502,515
HF SINCLAIR CORP 5.875% BOND 256,729 251,578
MAIN STR CAP CORP 6.5% NOTE 502,162 509,360
MORGAN STANLEY 5% BOND 258,777 250,410
NOMURA HLDGS INC 5.099% BOND 498,685 500,225

TY 2024 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 163,869 590,616
AMAZON.COM INC 164,461 1,711,242
AMERICAN EXPRESS CO COM 140,992 652,938
APOLLO GLOBAL MGMT INC COM 208,800 198,192
APPLE INC 80,964 1,327,226
BANK OF AMERICA CORP COM 228,886 470,265
BERKSHIRE HATHAWAY INC CLASS B 689,777 882,083
BLACKROCK INC 218,346 451,048
BLACKSTONE INC 151,373 1,241,424
CROWDSTRIKE HLDGS INC CL A 175,729 239,512
DELL TECHNOLOGIES INC CL C 597,462 507,056
DEVON ENERGY CORP NEW 100,110 85,098
ELI LILLY & CO COM 45,853 965,000
FIRST TR EXCHANGE TRADED FD II NASDAQ 447,616 482,220
GLOBAL X FDS MSCI ARGENTINA ETF 50,355 62,003
INTERNATIONAL SEAWAYS INC COM NPV 101,600 89,850
INVESCO QQQ TR UNIT SER 1 968,844 1,323,063
ISHARES BITCOIN TRUST ETF 50,181 44,297
ISHARES CHINA LARGE-CAP ETF 356,894 387,349
ISHARES CORE S&P 500 ETF 4,434,838 5,261,622
ISHARES TR MSCI INDIA SM CP 480,847 495,754
ISHARES TRUST ISHARES MSCI INDIA 436,331 452,314
JPMORGAN CHASE & CO 313,427 767,072
KKR &CO INC COM 111,156 103,537
MASTERCARD INCORPORATED CL A 31,688 631,884
META PLATFORMS INC CLASS A COMMON STOCK 321,708 594,293
MICROSOFT CORP 428,382 1,150,695
NU HOLDINGS LTD 356,173 405,076
NVIDIA CORPORATION COM 48,778 537,160
OCCIDENTAL PETE CORP COM 1,165,318 988,200
PALO ALTO NETWORKS INC COM 86,996 982,584
PFIZER INC 103,908 106,120
PRICE T ROWE GROUPS COM 6,113 921,683
PROCTER AND GAMBLE CO COM 78,317 553,245
QURATE RETAIL INC NT CAL 31 550,822 483,000
SALESFORCE INC COM 80,751 468,062
STAR BULK CARRIERS CORP 345,603 239,200
THERMO FISHER SCIENTIFIC INC 366,846 535,837
TINY LTD COM NPV CLASS A 12,231 11,334
TORM PLC SER A 610,124 352,045
UNITEDHEALTH GROUP INC 349,600 510,919
VANGUARD DEVELOPED MARKETS INDEX FUND 1,047,258 1,036,114
VANGUARD INTL EQUITY INDEX FDS FTSE EMR 685,593 695,869
VERIZON COMMUNICATION INC 943,437 983,436
VIASAT INC 325,385 110,630
VISA INC 178,099 632,080

TY 2024 InvestmentsGovtObligationsSch
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
US Government Securities - End of Year Book Value:

5,778,189
US Government Securities - End of Year Fair Market Value:

5,774,854
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 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 1,459,517 3,136,000
STRAKA PARTNERS LLC AT COST 1,995,013 2,462,162

TY 2024 LegalFeesSchedule
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 124,009 0   124,009


TY 2024 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 1,122 224   898
INSURANCE 18,644 3,729   14,915
OFFICE EXPENSE 2,285 457   1,828
OFFICE SUPPLIES 5,189 1,038   4,151
ADVERTISING 510 102   408
PARTNERSHIP PORTFOLIO DEDUCTIONS 30,643 30,643   0
PARTNERSHIP SECTION 1231 LOSS 2,066 2,066   0
PARTNERSHIP NONDEDUCTIBLE EXPENSES 386 0   0
BANK CHARGES 505 101   404
COMPUTER EXPENSES 2,714 543   2,171
SHIPPING & POSTAGE 471 94   377
PUBLICLY TRADED PARTNERSHIP FLOW-THRU UBTI ORDINARY LOSS 177,427 0   0
PUBLICLY TRADED PARTNERSHIP FLOW-THRU ORDINARY LOSS 63 63   0


TY 2024 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 TAX EXEMPT INCOME 113 0 0
RECOVERY OF PRIOR YEAR QUALIFYING DISTRIBUTIONS 6,000 0 6,000


TY 2024 OtherProfessionalFeesSchedule
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL PROCESSING FEES 1,423 285   1,138


TY 2024 TaxesSchedule
Name:
THE WIDGEON POINT CHARITABLE FOUNDATION
EIN:
13-6201175
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,735 1,735   0
PAYROLL TAXES 29,002 14,479   14,523
FEDERAL EXCISE TAX ON NET INVESTMENT INCOME 56,000 0   0
LICENSES & TAXES 1,750 350   1,400