Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
LUNDER FOUNDATION
C/O KENILWORTH INC
Number and street (or P.O. box number if mail is not delivered to street address) TWO MONUMENT SQUARE 502
  Room/suite
City or town
PORTLAND
State or province
ME
Country  
ZIP or foreign postal code
04101
A Employer identification number

01-0437556
B Telephone number (see instructions)

2077757676
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$17,818,605J 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) 33,439,370
2 Check .................
3 Interest on savings and temporary cash investments 54 54  
4 Dividends and interest from securities... 42,266 42,266  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
24,127,646
b Gross sales price for all assets on line 6a 24,147,503
7 Capital gain net income (from Part IV, line 2)... 748,346
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
74,428 0  
12 Total. Add lines 1 through 11........ 57,683,764 790,666  
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
5,240 1,310   3,930
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
326,805 32,681   294,124
17 Interest............... 4 4   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
12,840 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 378 0   378
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,736 0   7,736
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 353,003 33,995   306,168
25 Contributions, gifts, grants paid....... 24,357,347 24,357,347
26 Total expenses and disbursements. Add lines 24 and 25 ................ 24,710,350 33,995   24,663,515
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 32,973,414
b Net investment income (if negative, enter -0-) 756,671
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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............. 46,527 743 743
2 Savings and temporary cash investments......... 765,101 364,794 364,794
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,010 Click to see attachment
List of Attached Documents:
// Content
14,637 		17,453,068
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 817,638 380,174 17,818,605
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 )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
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
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 817,638 380,174
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 817,638 380,174
30 Total liabilities and net assets/fund balances (see instructions). 817,638 380,174
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
817,638
2
Enter amount from Part I, line 27a .....................
2
32,973,414
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
33,791,052
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
33,410,878
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
380,174
Form 990-PF (2025)
Form 990-PF (2025)
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 SECURITY   1963-04-16 2025-02-24
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 748,979   633 748,346
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       748,346
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 2 748,346
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 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 10,518
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 10,518
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 10,518
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 9,600
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 9,600
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....... 9 918
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 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)
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 2025 or the taxable year beginning in 2025? 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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 addressN/A
14
The books are in care ofKENILWORTH INC Telephone no. (207) 775-7676

Located at2 MONUMENT SQ SUITE 530PORTLANDME ZIP+404101
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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)
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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
PETER LUNDER TREASURER & DIRECTOR
4.00 		0 0 0
KENILWORTH INC 2 MONUMENT SQ SUITE
530
PORTLAND,ME04101
PAULA LUNDER CHAIR & DIRECTOR
4.00 		0 0 0
KENILWORTH INC 2 MONUMENT SQ SUITE
530
PORTLAND,ME04101
JOHN B EMORY DIRECTOR
1.00 		0 0 0
KENILWORTH INC 2 MONUMENT SQ SUITE
530
PORTLAND,ME04101
KEVIN M GILLIS PRESIDENT
2.00 		0 0 0
KENILWORTH INC 2 MONUMENT SQ SUITE
530
PORTLAND,ME04101
STEVEN W LUNDER DIRECTOR
1.00 		0 0 0
KENILWORTH INC 2 MONUMENT SQ SUITE
530
PORTLAND,ME04101
ALAN E LUNDER DIRECTOR
1.00 		0 0 0
KENILWORTH INC 2 MONUMENT SQ SUITE
530
PORTLAND,ME04101
MARC F LUNDER DIRECTOR
1.00 		0 0 0
KENILWORTH INC 2 MONUMENT SQ SUITE
530
PORTLAND,ME04101
MARJORIE J LUNDER DIRECTOR
4.00 		0 0 0
KENILWORTH INC 2 MONUMENT SQ SUITE
530
PORTLAND,ME04101
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
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
KENILWORTH INC INVESTMENT & GRANT ADMINISTRATION 326,805
TWO MONUMENT SQ SUITE 530
PORTLAND,ME04101
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 NONE 0
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 NONE 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
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
12,094,658
b
Average of monthly cash balances.......................
1b
133,059
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
12,227,717
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
12,227,717
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
183,416
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
12,044,301
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
602,215
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
602,215
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
10,518
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
10,518
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
591,697
4
Recoveries of amounts treated as qualifying distributions................
4
74,428
5
Add lines 3 and 4............................
5
666,125
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
666,125
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, line 26, column (d) ..........
1a
24,663,515
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
24,663,515
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 666,125
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 13,618,130
b From 2021...... 13,773,856
c From 2022...... 20,662,602
d From 2023...... 18,281,222
e From 2024...... 21,468,186
f Total of lines 3a through e ........ 87,803,996
4Qualifying distributions for 2025 from Part
XI, line 4: $ 24,663,515
a Applied to 2024, 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 2025 distributable amount..... 666,125
e Remaining amount distributed out of corpus 23,997,390
5 Excess distributions carryover applied to 2025. 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 5 111,801,386
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		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 2020 not
applied on line 5 or line 7 (see instructions) ... 		13,618,130
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		98,183,256
10 Analysis of line 9:
a Excess from 2021 .... 13,773,856
b Excess from 2022 .... 20,662,602
c Excess from 2023 .... 18,281,222
d Excess from 2024 .... 21,468,186
e Excess from 2025 .... 23,997,390
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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).)
PETER LUNDER
PAULA LUNDER
STEVEN W LUNDER
ALAN E LUNDER
MARC F LUNDER
MARJORIE J LUNDER
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 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, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
THE LUNDER FOUNDATION CO KENILWORTH
TWO MONUMENT SQUARE SUITE 530
PORTLAND,ME04101
(207) 775-7676
bThe form in which applications should be submitted and information and materials they should include:
1. A BRIEF (1-3 PAGE) LETTER DESCRIBING THE PROJECT, DRIVE OR CAMPAIGN. THIS SHOULD INCLUDE A STATEMENT OF NEED, NUMBER OF PEOPLE BENEFITED, GEOGRAPHIC AREA SERVED, TOTAL FUND RAISING GOAL, AND AMOUNT REQUESTED FROM THE FOUNDATION. 2. CAPITAL CAMPAIGNS AND SPECIAL PROJECTS SHOULD ALSO INCLUDE A BUDGET. 3. ORGANIZATIONS SHOULD ENCLOSE A COPY OF THEIR 501(C)(3) DETERMINATION LETTER. 4. OTHER SUPPORTING MATERIALS.
cAny submission deadlines:
NONE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE FOUNDATION CONTRIBUTES TO ORGANIZATIONS IN THE FIELDS OF HIGHER EDUCATION, THE ARTS AND HEALTH CARE. THE FOUNDATION ALSO CONTRIBUTES TO WORTHY CHARITIES WITHIN ITS PRINCIPAL AREA OF GEOGRAPHIC INTEREST OF MAINE AND MASSACHUSETTS. WHEN CONSIDERING MAJOR GRANTS, THE FOUNDATION NORMALLY REQUIRES THAT THE GRANTEE RAISE MATCHING FUNDS FROM OTHER ORGANIZATIONS AND INDIVIDUALS IN ORDER TO QUALIFY FOR THE GRANT.
Form 990-PF (2025)
Form 990-PF (2025)
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

ADDISON GALLERY OF AMERICAN ART

180 MAIN STREET C/O PHILLIPS
ACADEMY
ANDOVER,MA018104161 		NO RELATIONSHIP   ART MUSEUM 100

AFRICA SCHOOLHOUSE

314 DANFORTH STREET
PORTLAND,ME04102 		NO RELATIONSHIP   SCHOOL OF EDUCATION 500

ALFOND YOUTH & COMMUNITY CENTER

126 NORTH STREET
WATERVILLE,ME04902 		NO RELATIONSHIP   ANNUAL FUND IN MEMORY OF JOHN HUARD 100

ALFOND YOUTH & COMMUNITY CENTER

126 NORTH STREET
WATERVILLE,ME04902 		NO RELATIONSHIP   ANNUAL FUND IN MEMORY OF JANET MITCHELL 100

ALFOND YOUTH & COMMUNITY CENTER

126 NORTH STREET
WATERVILLE,ME04902 		NO RELATIONSHIP   ANNUAL FUND 500

AMERICAN FRIENDS OF MAGEN DAVID ADOM

114 SAN MARITA WAY
PALM BEACH GARDENS,FL33418 		NO RELATIONSHIP   ANNUAL FUND IN HONOR OF C. GIGLIOTTI 2,500

AMERICAN UNIVERSITY

4400 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20016 		NO RELATIONSHIP   ALUMNI FUND 1,000

BANGOR YMCA - CAMP JORDAN

17 SECOND ST
BANGOR,ME04401 		NO RELATIONSHIP   PROJECT SUPPORT 40,000

BATH AREA FAMILY YMCA

303 CENTER STREET
BATH,ME04530 		NO RELATIONSHIP   PROJECT SUPPORT - IN MEMORY OF WILLIAM E. HAGGETT 100

BEST BUDDIES MAINE

PO BOX 573
CUMBERLAND,ME04021 		NO RELATIONSHIP   ANNUAL FUND IHO RACHEL WILLIAMS 500

BETH ISRAEL CONGREGATION

PO BOX 1882
WATERVILLE,ME04901 		NO RELATIONSHIP   DONATION KOL NIDRE APPEAL 3,000

BETH ISRAEL CONGREGATION

PO BOX 1882
WATERVILLE,ME04901 		NO RELATIONSHIP   RABBI ENDOWMENT FUND (FOOD) 1,000

BETH ISRAEL CONGREGATION

PO BOX 1882
WATERVILLE,ME04901 		NO RELATIONSHIP   RABBI ENDOWMENT FUND 332,602

BETH ISRAEL CONGREGATION

PO BOX 1882
WATERVILLE,ME04901 		NO RELATIONSHIP   SECURITY SYSTEM 35,000

BIRTHRIGHT ISRAEL FOUNDATION

PO BOX 1882
NEW YORK,NY10087 		NO RELATIONSHIP   ANNUAL FUND 5,000

BOSTON BALLET

19 CLARENDON STREET
BOSTON,MA02116 		NO RELATIONSHIP   ANNUAL FUND 5,000

BOSTON CHILDREN'S HOSPITAL

401 PARK DRIVE SUITE 602
BOSTON,MA02215 		NO RELATIONSHIP   ANNUAL FUND 500

BOSTON COLLEGE

140 COMMONWEALTH AVE
CHESTNUT HILL,MA02467 		NO RELATIONSHIP   ANNUAL FUND 63,562

BOSTON UNIVERSITY

595 COMMONWEALTH AVENUE SUITE 700
BOSTON,MA02215 		NO RELATIONSHIP   SCHOOL OF EDUCATION 1,000

BREAKTHROUGH T1D

PO BOX 5021
HAGERSTOWN,MD217415021 		NO RELATIONSHIP   ANNUAL FUND IN MEMORY OF DONALD KUPERSMITH 100

BRIGHAM & WOMEN'S HOSPITAL

116 HUNTINGTON AVE 3RD FL
BOSTON,MA02116 		NO RELATIONSHIP   OSHER CENTER FOR INTEGRATED MEDICINE 20,151

CARRABASSETT VALLEY ACADEMY

3197 CARRABASSETT DRIVE
CARRABASSETT VALLEY,ME04947 		NO RELATIONSHIP   LORING FUND 100

CARROLL SCHOOL

25 BAKER BRIDGE ROAD
LINCOLN,MA01773 		NO RELATIONSHIP   SCHOOL OF EDUCATION 5,000

CHALLENGER LEANRING CENTER - BANGOR

30 VENTURE WAY
BANGOR,ME04401 		NO RELATIONSHIP   ANNUAL FUND 51,040

CHILDREN'S MUSEUM & THEATRE OF MAINE

250 THOMPSONS POINT ROAD
PORTLAND,ME04102 		NO RELATIONSHIP   ANNUAL FUND 131,873

CHILDREN'S MUSEUM & THEATRE OF MAINE

250 THOMPSONS POINT ROAD
PORTLAND,ME04102 		NO RELATIONSHIP   ANNUAL FUND 100

COLBY COLLEGE MUSEUM OF ART

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   ART PURCHASE FUND 102,035

COLBY COLLEGE MUSEUM OF ART

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   WHISTLER STUDIES 39,400

COLBY COLLEGE MUSEUM OF ART

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   ART PURCHASE FUND 50,247

COLBY COLLEGE MUSEUM OF ART

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   TATE BRITAIN "WHISTLER'S FINISH" 156,205

COLBY COLLEGE MUSEUM OF ART

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   ART MUSEUM - SUMMER LUNCHEON 1,000

COLBY COLLEGE MUSEUM OF ART

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   BOARD OF GOVERNORS FUND 10,000

COLBY COLLEGE MUSEUM OF ART

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   ART PURCHASE FUND 50,088

COLBY COLLEGE MUSEUM OF ART

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   ART PURCHASE FUND 800,313

COLBY COLLEGE MUSEUM OF ART

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   ART PURCHASE FUND 100,078

COLBY COLLEGE MUSEUM OF ART

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   ART PURCHASE FUND 550,449

COLBY COLLEGE

4000 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   SCHOOL OF EDUCATION - IN MEMORY OF SANDY MAISEL 250

COLBY COLLEGE

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   PRESIDENT'S FUND/1813 SOCIETY 25,000

COLBY COLLEGE

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   DIRECTOR'S DISCRETIONARY FUND 1,000

COLBY COLLEGE

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   FRIENDS OF ART 1,000

COLBY COLLEGE

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   MUSIC FUND 100

COLBY COLLEGE

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   CCMA LUNDER COLLECTION FUND 714,285

COLBY COLLEGE

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   ENDOWMENT FUND 2,385,715

COLBY COLLEGE

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   CCMA LIAA ANNUAL FUNDING SUPPORT 224,066

COLBY COLLEGE

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   COLBY ARTS BUILDING 452,316

COLBY COLLEGE

4320 MAYFLOWER HILL DRIVE
WATERVILLE,ME04901 		NO RELATIONSHIP   ALUMNI FUND LUNDER SCHOLARS 727,500

COLGATE UNIVERSITY

13 OAK DRIVE
HAMILTON,NY133469989 		NO RELATIONSHIP   SCHOOL OF EDUCATION 500

COUSE FOUNDATION

PO BOX 1436
TAOS,NM87571 		NO RELATIONSHIP   ART MUSEUM 49,667

COX SCIENCE CENTER

4801 DREHER TRAIL NORTH
WEST PALM BEACH,FL33405 		NO RELATIONSHIP   ANNUAL FUND 336,666

CULTURAL COUNCIL OF PALM BEACH COUNTY

601 LAKE AVE
LAKE WORTH,FL33460 		NO RELATIONSHIP   ARTS IN MY BACKYARD 2,500

CULTURAL COUNCIL OF PALM BEACH COUNTY

601 LAKE AVE
LAKE WORTH,FL33460 		NO RELATIONSHIP   ANNUAL FUND 2,500

DANA-FARBER

450 BROOKLINE AVE
BOSTON,MA02215 		NO RELATIONSHIP   CHAIR/LL RESEARCH 754,244

DANA-FARBER

450 BROOKLINE AVE
BOSTON,MA02215 		NO RELATIONSHIP   ANNUAL PALM BEACH APPEAL 10,000

DEMPSEY CENTER

PO BOX 277
AUBURN,ME04212 		NO RELATIONSHIP   ANNUAL FUND IN HONOR OF LARRY LAUZE 100

DEXTER HISTORICAL SOCIETY

PO BOX 481
DEXTER,ME04930 		NO RELATIONSHIP   ANNUAL FUND 250

DEXTER PUBLIC HEALTH

23 MAIN STREET PO BOX 185
DEXTER,ME04930 		NO RELATIONSHIP   ANNUAL FUND 100

EDUCARE CENTRAL MAINE

97 WATER STREET
WATERVILLE,ME04901 		NO RELATIONSHIP   ANNUAL FUND 5,000

ELON UNIVERSITY

2900 CAMPUS BOX
ELON,NC27244 		NO RELATIONSHIP   SCHOOL OF EDUCATION 5,000

EXPERIENCE CAMPS

135 MAIN STREET SUITE 206
WESTPORT,CT06880 		NO RELATIONSHIP   ANNUAL FUNDS 5,000

FACING HISTORY AND OURSELVES

16 HURD ROAD
BROOKLINE,MA024456919 		NO RELATIONSHIP   ANNUAL FUND 100

FLORIDA ATLANTIC UNIVERSITY

5353 PARKSIDE DRIVE
JUPITER,FL33458 		NO RELATIONSHIP   SCHOOL OF EDUCATION 5,000

FRIENDS OF THE ISRAEL DEFENSE FORCE

PO BOX 4224
NEW YORK,NY10163 		NO RELATIONSHIP   ANNUAL FUND IN MEMORY OF MOSHE GREENBERG 250

FULL PLATES FULL POTENTIAL

14 MAINE ST STE 302
BRUNSWICK,ME040112026 		NO RELATIONSHIP   ANNUAL FUND 15,000

GEORGES RIVER LAND TRUST

PO BOX B
ROCKLAND,ME04841 		NO RELATIONSHIP   LANGLAIS ART PRESERVE 25,856

GOOD SHEPHERD FOOD BANK

PO BOX 1807
AUBURN,ME04211 		NO RELATIONSHIP   PROJECT SUPPORT 35,528

HARMONY REGIONAL AMBULANCE SERVICE

PO BOX 76
HARMONY,ME04942 		NO RELATIONSHIP   ANNUAL FUND - IN MEMORY OF DONNA SAWYER 100

HEBREW SENIORLIFE

120 CENTER ST
BOSTON,MA02131 		NO RELATIONSHIP   PROJECT SUPPORT 1,266,697

HEBREW SENIORLIFE

120 CENTRE ST
BOSTON,MA02131 		NO RELATIONSHIP   PROJECT SUPPORT 702,000

HEBREW SENIORLIFE

120 CENTRE ST
BOSTON,MA02131 		NO RELATIONSHIP   LELAND NURSING ENDOWMENT 400,000

HEBRON ACADEMY

PO BOX 309
HEBRON,ME042380309 		NO RELATIONSHIP   SCHOLARSHIP FUND 1,000

HEBRON ACADEMY

PO BOX 309
HEBRON,ME042380309 		NO RELATIONSHIP   SCHOLARSHIP FUND 100

HOLDERNESS SCHOOL

CHAPEL LANE ROUTE 175 PO BOX 1879
PLYMOUTH,NH03264 		NO RELATIONSHIP   SCHOLARSHIP FUND 1,000

HOLDERNESS SCHOOL

CHAPEL LANE ROUTE 175 PO BOX 1879
PLYMOUTH,NH03264 		NO RELATIONSHIP   SCHOLARSHIP FUND 3,500

HONEYMOON ISRAEL

2406 MOUNT VERON RD SUITE 130
DUNWOODY,GA30338 		NO RELATIONSHIP   ANNUAL FUND - IN HONOR OF DAVID & KALAH AGGER'S WEDDING 1,000

ILLUSTRATION INSTITUTE

2 UNION STREET SUITE 400
PORTLAND,ME04101 		NO RELATIONSHIP   WELLS LIBRARY EXHIBITION 10,000

INDIGO ARTS ALLIANCE

60 COVE ST
PORTLAND,ME04101 		NO RELATIONSHIP   PROJECT SUPPORT 25,856

JACKSON LABORATORY

600 MAIN ST
BAR HARBOR,ME04609 		NO RELATIONSHIP   PROJECT SUPPORT 50,150

JEWISH MUSEUM

1109 5TH AVENUE 92ND ST
NEW YORK,NY10128 		NO RELATIONSHIP   ART MUSEUM 100

JEWISH NATIONAL FUND

42 EAST 69TH STREET
NEW YORK,NY10021 		NO RELATIONSHIP   ANNUAL FUND 5,000

KENNEBEC BEHAVIORAL HEALTH

67 EUSTIS PARKWAY C/O KMHA
FOUNDATION INC
WATERVILLE,ME049015173 		NO RELATIONSHIP   ANNUAL FUND 250

KRAVIS CENTER

701 OKEECHOBEE BLVD
WEST PALM BEACH,FL334016399 		NO RELATIONSHIP   ANNUAL FUND 25,000

LANDMARK SCHOOL

429 HALE STREET PO BOX 227
PRIDES CROSSING,MA01965 		NO RELATIONSHIP   SCHOOL OF EDUCATION 1,500

LESLEY UNIVERSITY

29 EVERETT ST
CAMBRIDGE,MA02138 		NO RELATIONSHIP   ANNUAL FUND 1,002,985

LITERACY VOLUNTEERS OF KENNEBEC

12 SPRUCE STREET SUITE 4
AUGUSTA,ME04330 		NO RELATIONSHIP   ANNUAL FUND 100

MAINE BEHAVIORAL HEALTHCARE

78 ATLANTIC PLACE
SOUTH PORTLAND,ME041062316 		NO RELATIONSHIP   SIGNS OF HOPE 1,000

MAINE CHILDREN'S HOME FOR LITTLE WANDERERS

93 SILVER STREET
WATERVILLE,ME049015923 		NO RELATIONSHIP   ANNUAL FUND 250

MAINE COLLEGE OF ART & DESIGN

522 CONGRESS ST
PORTLAND,ME04101 		NO RELATIONSHIP   LUNDER SCHOLARSHIP FUND 2025 600,000

MAINE COLLEGE OF ART & DESIGN

522 CONGRESS ST
PORTLAND,ME04101 		NO RELATIONSHIP   LUNDER SCHOLARSHIP FUND 2024 607,135

MAINE COLLEGE OF ART & DESIGN

522 CONGRESS ST
PORTLAND,ME04101 		NO RELATIONSHIP   PORTEOUS SOCIETY 2,000

MAINE JEWISH FILM FESTIVAL

PO BOX 7465
PORTLAND,ME04112 		NO RELATIONSHIP   PROJECT SUPPORT 21,008

MAINE PUBLIC BROADCASTING

1450 LISBON ST
LEWISTON,ME04240 		NO RELATIONSHIP   BEACON SOCIETY 1,200

MAINE PUBLIC BROADCASTING

1450 LISBON ST
LEWISTON,ME04240 		NO RELATIONSHIP   PROGRAMMING FUND 1,004,292

MAINE SPORTS HALL OF FAME

PO BOX 2
CUMBERLAND,ME04021 		NO RELATIONSHIP   ANNUAL FUND 100

MASSACHUSETTS EYE AND EAR INFIRMARY

243 CHARLES STREET
BOSTON,MA02114 		NO RELATIONSHIP   ANNUAL FUND 100

MASSACHUSETTS GENERAL HOSPITAL

125 NASHUA ST STE 540
BOSTON,MA02114 		NO RELATIONSHIP   ANNUAL FUND - IN MEMORY OF BARBARA GULMAN 100

MASSACHUSETTS GENERAL HOSPITAL

125 NASHUA ST STE 540
BOSTON,MA02115 		NO RELATIONSHIP   ANNUAL FUND - IN MEMORY OF NANCY MARGLIN 100

MASSACHUSETTS GENERAL HOSPITAL

125 NASHUA ST STE 540
BOSTON,MA02115 		NO RELATIONSHIP   LEARNING INITIATIVE 4,801,875

METROPOLITAN MUSEUM OF ART

1000 FIFTH AVE
NEW YORK,NY100280198 		NO RELATIONSHIP   ART MUSEUM - IN HONNOR OF S. LAWRENCE SCHLAGER 5,000

MONHEGAN MUSEUM

1 LIGHTHOUSE HILL
MONHEGAN,ME04852 		NO RELATIONSHIP   ART MUSEUM 100

MORSELIFE HEALTH SYSTEMS

4847 DAVID S MACK DRIVE
WEST PALM BEACH,FL33417 		NO RELATIONSHIP   ANNUAL FUND - IN MEMORY OF S. LAWRENCE SCHLAGER 100

NORTHEASTERN UNIVERSITYROUX INSTITUTE

360 HUNTINGTON AVE
BOSTON,MA02115 		NO RELATIONSHIP   ANNUAL FUND 3,062,856

NORTON MUSEUM OF ART

1450 S DIXIE HWY
WEST PALM BEACH,FL33401 		NO RELATIONSHIP   FRIENDS OF AMERICAN ART 5,000

NORTON MUSEUM OF ART

1450 S DIXIE HWY
WEST PALM BEACH,FL33401 		NO RELATIONSHIP   PLEDGE 601,809

OPERA MAINE

PO BOX 7733
PORTLAND,ME04112 		NO RELATIONSHIP   ANNUAL FUND 2,500

PALAVER STRINGS

380 CUMBERLAND AVE FLOOR 2
PORTLAND,ME04101 		NO RELATIONSHIP   PROJECT SUPPORT 8,350

PALM BEACH COUNTY FOOD BANK

701 BOUTWELL ROAD SUITE A-2
LAKE WORTH,FL33461 		NO RELATIONSHIP   ANNUAL FUND 100

PAUL TAYLOR DANCE FOUNDATION

551 GRAND STATION TOP FLOOR
NEW YORK,NY100024282 		NO RELATIONSHIP   ANNUAL FUND 1,000

PERLMAN MUSIC PROGRAM

19 WEST 69TH ST STE 304
NEW YORK,NY10023 		NO RELATIONSHIP   ANNUAL FUND 1,000

PINE TREE SOCIETY (CAMP)

149 FRONT STREET PO BOX 518
BATH,ME04530 		NO RELATIONSHIP   ANNUAL FUND 100

PORTLAND CHAMBER MUSIC FESTIVAL

PO BOX 15385
PORTLAND,ME04112 		NO RELATIONSHIP   ANNUAL FUND 100

PORTLAND MUSEUM OF ART

7 CONGRESS SQUARE
PORTLAND,ME04101 		NO RELATIONSHIP   DIRECTORS CIRCLE 1,000

PORTLAND MUSEUM OF ART

7 CONGRESS SQUARE
PORTLAND,ME04101 		NO RELATIONSHIP   OVERAGE APPLIED TO HOMER EDUCATION 2,016

PORTLAND MUSEUM OF ART

7 CONGRESS SQUARE
PORTLAND,ME04101 		NO RELATIONSHIP   PHOTOGRAPHY FUND 1,000

PORTLAND MUSEUM OF ART

7 CONGRESS SQUARE
PORTLAND,ME04101 		NO RELATIONSHIP   DAVID C. DRISKELL: COLLECTOR EXHIBITION 15,000

PORTLAND MUSEUM OF ART

7 CONGRESS SQUARE
PORTLAND,ME04101 		NO RELATIONSHIP   ART MUSEUM - IN MEMORY OF ROBERT ELOWITCH 100

PORTLAND MUSEUM OF ART

7 CONGRESS SQUARE
PORTLAND,ME04101 		NO RELATIONSHIP   FRIENDS OF THE COLLECTION 1,000

PORTLAND SYMPHONY ORCHESTRA

85 EXHCANGE ST
PORTLAND,ME04101 		NO RELATIONSHIP   PATRON 1,000

PORTLAND SYMPHONY ORCHESTRA

85 EXHCANGE ST
PORTLAND,ME04101 		NO RELATIONSHIP   2025 PLEDGE 141,208

PREBLE STREET

38 PREBLE STREET
PORTLAND,ME04101 		NO RELATIONSHIP   ANNUAL FUND 250

PROCTOR ACADEMY

PO BOX 500
ANDOVER,NH03216 		NO RELATIONSHIP   SCHOOL OF EDUCATION 2,500

RICHARD DAVID KANN MELANOMA FOUNDATION

2751 S DIXIE HIGHWAY SUITE 2A
WEST PALM BEACH,FL33405 		NO RELATIONSHIP   ANNUAL FUND 500

SAVE VENICE

133 EAST 58TH STREET SUITE 501
NEW YORK,NY10022 		NO RELATIONSHIP   ANNUAL FUND 2,500

SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE

136 WEST 22ND STREET
NEW YORK,NY10011 		NO RELATIONSHIP   SCHOOL OF EDUCATION 1,000

SMITHSONIAN AMERICAN ART MUSEUM

MRC 970 PO BOX 37012
WASHINGTON,DC200137012 		NO RELATIONSHIP   VIRGINIA MECKLENBERG 101,079

SMITHSONIAN AMERICAN ART MUSEUM

PO BOX 37012
WASHINGTON,DC200137012 		NO RELATIONSHIP   ANNUAL FUND - IN MEMORY OF WILLIAM TRUETTNER 100

SMITHSONIAN INSTITUE

PO BOX 37012
WASHINGTON,DC200137012 		NO RELATIONSHIP   ANNUAL FUND - ARCHIVES OF AMERICAN ART 2,500

SOUTH FLORIDA PBS

3401 S CONGRESS AVE
BOYNTON BEACH,FL334268499 		NO RELATIONSHIP   ANNUAL FUND 1,000

SOUTHERN MAINE HILLEL

1342 CONGRESS ST C/O JEWISH
COMMUNITY ALLIANCE
PORTLAND,ME04102 		NO RELATIONSHIP   ANNUAL FUND 100

ST JUDE CHILDREN'S HOSPITAL

262 DANNY THOMAS PLACE
MEMPHIS,TN38105 		NO RELATIONSHIP   ANNUAL FUND 100

STRIVE

28 FODEN ROAD
SOUTH PORTLAND,ME04106 		NO RELATIONSHIP   ANNUAL FUND 101,269

SURFRIDER FOUNDATION

PO BOX 73550
SAN CLEMENTE,CA92673 		NO RELATIONSHIP   ANNUAL FUND 5,000

SUSAN L CURTIS FOUNDATION

1321 WASHINGTON AVE SUITE 104
PORTLAND,ME04103 		NO RELATIONSHIP   ANNUAL FUND 100

TEMPLE ISRAEL OF WEST PALM BEACH

1901 N FLAGLER DRIVE
WEST PALM BEACH,FL33407 		NO RELATIONSHIP   ANNUAL FUND - IN MEMORY OF ROBERT GREEN 100

THOMAS COLLEGE

180 WEST RIVER ROAD
WATERVILLE,ME04901 		NO RELATIONSHIP   GOLF TOURNAMENT MATCH 174,468

THOMAS COLLEGE

180 WEST RIVER ROAD
WATERVILLE,ME04901 		NO RELATIONSHIP   SCHOLARSHIP FUND 577,187

TUFTS HILLEL

PO BOX 3306
BOSTON,MA022413306 		NO RELATIONSHIP   TRUSTEES OF TUFTS COLLEGE 500

TWO TEN FOOTWEAR FOUNDATION

1466 MAIN STREET
WALTHAM,MA02451 		NO RELATIONSHIP   ANNUAL FUND 42,822

UCLA SCHOOL OF DENTISTRY

10833 LE CONTE AVE
LOS ANGELES,CA900951668 		NO RELATIONSHIP   SCHOOL OF EDUCATION - IN MEMORY OF JANE WEINTRAUB 100

UNITED WAY OF KENNEBEC VALLEY

121 COMMERCIAL ST
AUGUSTA,ME04330 		NO RELATIONSHIP   ANNUAL FUND 500

UNIVERSITY OF MAINE MUSEUM OF ART

40 HARLOW STREET
BANGOR,ME04401 		NO RELATIONSHIP   ART MUSEUM 100

UNIVERSITY OF NEW ENGLAND ART GALLERY

716 STEVENS AVE
PORTLAND,ME04103 		NO RELATIONSHIP   ART MUSEUM 100

UNIVERSITY OF NEW ENGLAND

716 STEVENS AVE
PORTLAND,ME04103 		NO RELATIONSHIP   FINANCIAL AID 336,566

VIETNAM VETERANS MEMORIAL FUND

PO BOX 96764 C/O NATIONAL PROCESSIN
CENTER
WASHINGTON,DC200906764 		NO RELATIONSHIP   ANNUAL FUND 100

WALK A MILE IN THEIR SHOES

10 CROWN POINT
WINDHAM,ME04062 		NO RELATIONSHIP   ANNUAL FUND 100

WATERVILLE OPERA HOUSE

93 MAIN STREET
WATERVILLE,ME04901 		NO RELATIONSHIP   ANNUAL FUND 100

WEST PALM BEACH LIBRARY FOUNDATION

411 CLEMATIS ST 3RD FLOOR
WEST PALM BEACH,FL33401 		NO RELATIONSHIP   ANNUAL FUND 100

WHISTLER HOUSE MUSEUM OF ART

243 WORTHEN STREET
LOWELL,MA018521822 		NO RELATIONSHIP   PROJECT SUPPORT - BUILDING FOUNDATION 100

WHITNEY MUSEUM OF AMERICAN ART

99 GANSEVOORT STREET
NEW YORK,NY10014 		NO RELATIONSHIP   ANNUAL FUND IHO BARBARA HASKELL 50,000

WHITNEY MUSEUM OF AMERICAN ART

99 GANSEVOORT STREET
NEW YORK,NY10014 		NO RELATIONSHIP   CONSERVATION FUND 220,533

WINNEBAGO ALUMNI ASSOCIATION

401 ST CHRISTOPHERS ROAD
RICHMOND,VA232262723 		NO RELATIONSHIP   ANNUAL FUND - IN MEMORY OF LAWRENCE LASSET 100

WINTERKIDS

506 MAIN ST STE 10
WESTBROOK,ME04092 		NO RELATIONSHIP   ANNUAL FUND 100

WXEL TV

3401 S CONGRESS AVE PO BOX 6607
BOYNTON BEACH,FL33426 		NO RELATIONSHIP   ANNUAL FUND 100

YELLOWSTONE CLUB COMMUNITY FOUNDATION

1111 RESEARCH DRIVE
BOZEMAN,MT59718 		NO RELATIONSHIP   ANNUAL FUND 5,000
Total ................................. 3a 24,357,347
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
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 54  
4 Dividends and interest from securities ....     14 42,266  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 24,127,646  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRECOVERED CHARITABLE DISTRIBUTIONS 		    14 74,428  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 24,244,394 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
24,244,394
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
LUNDER FOUNDATION
C/O KENILWORTH INC
Employer identification number

01-0437556
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
LUNDER FOUNDATION
C/O KENILWORTH INC 		Employer identification number
01-0437556
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
PETER LUNDER
KENILWORTH TWO MONUMENT SQ STE 530
 
PORTLAND, ME04101

$ 18,719,050


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
PAULA LUNDER
KENILWORTH TWO MONUMENT SQ STE 530
 
PORTLAND, ME04101

$ 14,720,320


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
LUNDER FOUNDATION
C/O KENILWORTH INC 		Employer identification number

01-0437556
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 25 SHARES OF BERKSHIRE HATHAWAY CLASS A STOCK $ 18,719,050 2025-02-25
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 20 SHARES OF BERKSHIRE HATHAWAY CLASS A STOCK $ 14,720,320 2025-10-16
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
LUNDER FOUNDATION
C/O KENILWORTH INC 		Employer identification number

01-0437556
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2025 AccountingFeesSchedule
Name:
LUNDER FOUNDATION
 
C/O KENILWORTH INC
EIN:
01-0437556
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FORM 990PF PREPARATION 5,240 1,310   3,930

TY 2025 AllOthProgRltdInvestmentsSch
Name:
LUNDER FOUNDATION
 
C/O KENILWORTH INC
EIN:
01-0437556
Category Amount
NONE 0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2025 GainLossSaleOtherAssetsSch
Name:
LUNDER FOUNDATION
 
C/O KENILWORTH INC
EIN:
01-0437556
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
PUBLICLY TRADED SECURITIES-DONATED QUALIFIED DISTRIBUTIONS   DONATED     23,398,524 19,224 COST 0 23,379,300  

TY 2025 GeneralExplanationAttachment
Name:
LUNDER FOUNDATION
 
C/O KENILWORTH INC
EIN:
01-0437556
Identifier Return Reference Explanation
CHARITABLE DISTRIBUTION OF PROPERTY 990-PF, PART I, LINE 6A, COLUMN A UNDER REGULATION 53.4940-1, A DISTRIBUTION OF PROPERTY FOR CHARITABLE PURPOSES UNDER SECTION 170(C)(1) OR (2)(B) MADE BY A FOUNDATION TO A CHARITABLE ORGANIZATION IS NOT TREATED AS A TAXABLE SALE OR DISPOSITION. THE CAPITAL GAIN RECORDED ON THE BOOKS IN NOT TAXABLE; THEREFORE, THE PROPERTY DISTRIBUTION IS EXCLUDED FROM NET INVESTMENT INCOME, LINE 7, COLUMN (B).

TY 2025 InvestmentsCorpStockSchedule
Name:
LUNDER FOUNDATION
 
C/O KENILWORTH INC
EIN:
01-0437556
Name of Stock End of Year Book Value End of Year Fair Market Value
BERKSHIRE HATHAWAY-CL B 711 847,468
BERKSHIRE HATHAWAY-CL A 13,926 16,605,600

TY 2025 OtherDecreasesSchedule
Name:
LUNDER FOUNDATION
 
C/O KENILWORTH INC
EIN:
01-0437556
Description Amount
PUBLICLY TRADED SECURITIES CARRYING VALUE REDUCTION TO DONOR'S BASIS 33,410,878


TY 2025 OtherExpensesSchedule
Name:
LUNDER FOUNDATION
 
C/O KENILWORTH INC
EIN:
01-0437556
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FILING FEES 35 0   35
OFFICE EXPENSE 7,701 0   7,701


TY 2025 OtherIncomeSchedule2
Name:
LUNDER FOUNDATION
 
C/O KENILWORTH INC
EIN:
01-0437556
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
RECOVERED CHARITABLE DISTRIBUTIONS 74,428   74,428


TY 2025 OtherProfessionalFeesSchedule
Name:
LUNDER FOUNDATION
 
C/O KENILWORTH INC
EIN:
01-0437556
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES - KENILWORTH 326,805 32,681   294,124


TY 2025 SubstantialContributorsSch
Name:
LUNDER FOUNDATION
 
C/O KENILWORTH INC
EIN:
01-0437556
Name Address
PAULA LUNDER KENILWORTH TWO MONUMENT SQ SUITE
530
PORTLAND,ME04101


TY 2025 TaxesSchedule
Name:
LUNDER FOUNDATION
 
C/O KENILWORTH INC
EIN:
01-0437556
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 12,840 0   0