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
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 600 SABLE OAKS SUITE 100
  Room/suite
City or town
SOUTH PORTLAND
State or province
ME
Country  
ZIP or foreign postal code
04106
A Employer identification number

86-2316892
B Telephone number (see instructions)

8008340432
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)$2,748,468J 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) 147,915
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 98,635 98,635  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 38,794
b Gross sales price for all assets on line 6a 1,908,601
7 Capital gain net income (from Part IV, line 2)... 38,794
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 285,344 137,429  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,915 1,458   1,457
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
22,856 22,856   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,600 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 28,371 24,314   1,457
25 Contributions, gifts, grants paid....... 267,348 267,348
26 Total expenses and disbursements. Add lines 24 and 25 ................ 295,719 24,314   268,805
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -10,375
b Net investment income (if negative, enter -0-) 113,115
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............. 280,414 34,986 34,986
2 Savings and temporary cash investments......... 50,979 286,322 286,322
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) 45,876 Click to see attachment
List of Attached Documents:
// Content
13,520 		13,520
b Investments—corporate stock (attach schedule)....... 1,178,635 Click to see attachment
List of Attached Documents:
// Content
1,255,246 		1,255,246
c Investments—corporate bonds (attach schedule)....... 1,069,536 Click to see attachment
List of Attached Documents:
// Content
1,138,716 		1,138,716
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 ) Click to see attachment
List of Attached Documents:
// Content
12,904 		Click to see attachment
List of Attached Documents:
// Content
19,678 		Click to see attachment
List of Attached Documents:
// Content
19,678
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,638,344 2,748,468 2,748,468
Liabilities 17 Accounts payable and accrued expenses..........   20,000
18 Grants payable................. 52,083 66,602
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)......... 52,083 86,602
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........... 2,586,261 2,661,866
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,586,261 2,661,866
30 Total liabilities and net assets/fund balances (see instructions). 2,638,344 2,748,468
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
2,586,261
2
Enter amount from Part I, line 27a .....................
2
-10,375
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
85,980
4
Add lines 1, 2, and 3 ..........................
4
2,661,866
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
2,661,866
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 SECURITIES      
b PUBLICLY TRADED SECURITIES      
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 978,821   993,878 -15,057
b 929,780   875,929 53,851
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       -15,057
b       53,851
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 38,794
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 1,572
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 1,572
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 1,572
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 1,281
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 1,281
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 8
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 299
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 ofSTEVEN JOHNSON Telephone no. (800) 834-0432

Located at600 SABLE OAKS SUITE 100SOUTH PORTLANDME ZIP+404106
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)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
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
CHRISTOPHER MCGORRILL PRESIDENT
0.00 		0 0 0
600 SABLE OAKS SUITE 100
SOUTH PORTLAND,ME04106
HOWARD DUPEE TREASURER
0.00 		0 0 0
600 SABLE OAKS SUITE 100
SOUTH PORTLAND,ME04106
RACHEL NEWMAN SECRETARY
0.00 		0 0 0
600 SABLE OAKS SUITE 100
SOUTH PORTLAND,ME04106
DONNA HODGDON DIRECTOR
0.00 		0 0 0
600 SABLE OAKS SUITE 100
SOUTH PORTLAND,ME04106
KIM ANANIA DIRECTOR
0.00 		0 0 0
600 SABLE OAKS SUITE 100
SOUTH PORTLAND,ME04106
KATE VICKERY DIRECTOR
0.00 		0 0 0
600 SABLE OAKS SUITE 100
SOUTH PORTLAND,ME04106
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 THE ATLANTIC FEDERAL CREDIT UNION FOUNDATION AWARDS SCHOLARSHIPS AND GRANTS TO INDIVIDUALS RESIDING IN, AND 501(C)(3) ORGANIZATIONS SERVING AND OPERATING IN COMMUNITIES SERVICED BY THE ATLANTIC REGIONAL FEDERAL CREDIT UNION. 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  
2  
All other program-related investments. See instructions.
3  
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
2,502,768
b
Average of monthly cash balances.......................
1b
61,177
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
2,563,945
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
2,563,945
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
38,459
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,525,486
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
126,274
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
126,274
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
1,572
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,572
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
124,702
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
124,702
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
124,702
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
268,805
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
268,805
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 7 124,702
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......  
b From 2021...... 23,682
c From 2022...... 85,748
d From 2023...... 36,489
e From 2024...... 53,973
f Total of lines 3a through e ........ 199,892
4Qualifying distributions for 2025 from Part
XI, line 4: $ 268,805
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..... 124,702
e Remaining amount distributed out of corpus 144,103
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 5 343,995
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) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		343,995
10 Analysis of line 9:
a Excess from 2021 .... 23,682
b Excess from 2022 .... 85,748
c Excess from 2023 .... 36,489
d Excess from 2024 .... 53,973
e Excess from 2025 .... 144,103
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).)
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:
ATLANTIC FEDERAL CREDIT UNION FOUND
600 SABLE OAKS SUITE 100
SOUTH PORTLAND,ME04106
(800) 834-0432
CMCGORRILL@ATLANTICFCU.COM
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS FOR GRANTS AND SCHOLARSHIPS SHOULD BE SUBMITTED THROUGH ATLANTIC FEDERAL CREDIT UNION WEBSITE: HTTPS://WWW.ATLANTICFCU.COM/ABOUT/COMMUNITY.HTML HTTPS://WWW.ATLANTICFCU.COM/ABOUT/SCHOLARSHIPS.HTML
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
APPLICANTS MUST MEET THE FOLLOWING REQUIREMENTS TO BE CONSIDERED FOR THE $10,000, $5,000, $2,500, $1,500 OR $1,000 SCHOLARSHIPS. 1. A MEMBER OF ATLANTIC FEDERAL CREDIT UNION AND GRADUATING HIGH SCHOOL SENIOR IN ANDROSCOGGIN, CUMBERLAND, SAGADAHOC OR YORK COUNTY. 2. A PRIMARY ACCOUNT MEMBER WITH AN OPEN ACCOUNT AT ATLANTIC FEDERAL CREDIT UNION. 3. WILL BE ENROLLED IN AN UNDERGRADUATE PROGRAM AT CHOSEN COLLEGE OR VOCATIONAL SCHOOL WITH A MINIMUM OF 6 CREDIT HOURS PER SEMESTER FOR FALL 2024. 4. SUBMIT A COMPLETED APPLICATION WITH A 350 TO 400 WORD ESSAY; A RESUME THAT DETAIL COMMUNITY INVOLVEMENT, EXTRA CURRICULAR ACTIVITIES AND DEMONSTRATES LEADERSHIP ABILITIES; A HIGH SCHOOL TRANSCRIPT AND A REFERENCE LETTER FROM A TEACHER, COUNSELOR, MENTOR OR EMPLOYER.
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

AID FOR SACO KIDS

18 MAPLEWOOD AVE
BIDDEFORD,ME04005 		NONE   GENERAL SUPPORT 1,000

ALEX LABBE FOUNDATION

482 CONGRESS ST SUITE 303
PORTLAND,ME04101 		NONE   GENERAL SUPPORT 250

AMERICAN LEGION POST 202

76 FORESIDE RD
TOPSHAM,ME04086 		NONE   GENERAL SUPPORT 300

AN ANGEL'S WING INC

1567 LISBON STREET SUITE 1A
LEWISTON,ME04240 		NONE   GENERAL SUPPORT 1,000

ANIMAL REFUGE LEAGUE OF GREATER PORTLAND

PO BOX 631
WESTBROOK,ME04005 		NONE   GENERAL SUPPORT 500

ANIMAL WELFARE SOCIETY INC

29 BURBANK AVE SUITE 6
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 500

BATH AREA FAMILY YMCA

303 CENTRE ST
BATH,ME04530 		NONE   GENERAL SUPPORT 1,250

BIDDEFORD THORNTON WRESTLING FOUNDATION

69 NORTH VILLAGE ROAD
CAPE NEDDICK,ME03902 		NONE   GENERAL SUPPORT 250

BIDDEFORD HIGH SCHOOL

50 MOODY ST
SACO,ME04072 		NONE   GENERAL SUPPORT 500

BIDDEFORD PUBLIC SCHOOL EDUCATION FOUNDATION

551 ALFRED STREET
BIDDEFORD,ME04005 		NONE   GENERAL SUPPORT 300

BIG BROTHERS BIG SISTERS OF BATHBRUNS

85 MAINE ST
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 500
BOSTON UNIVERSITY


STUDENT ACCTG SERVICES25 BUICK
STSTE 130
BOSTON,MA02215 		NONE   SCHOLARSHIP 5,000
BOWDOIN COLLEGE


ENROLLMENT SERVICES AWARD 172 ST
GEORGE ST
  ONTARIOM5R 0A3
CA 		NONE   SCHOLARSHIP 2,500

BOYS & GIRLS CLUBS OF SOUTHERN MAINE

PO BOX 7830
PORTLAND,ME04112 		NONE   GENERAL SUPPORT 20,500

BRUNSWICK COMMUNITY EDUCATION FOUNDATION

135 MAINE STREET SUTE A 152
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 500

BRUNSWICK PARKS & RECREATION DEPARTMENT

69 NORTH AVE
SANFORD,ME04073 		NONE   GENERAL SUPPORT 250

CAMP KITA THE KITA CENTER

100 MAIN ST
TOPSHAM,ME04086 		NONE   GENERAL SUPPORT 500

CARING UNLIMITED

PO BOX 993
BIDDEFORD,ME040050993 		NONE   GENERAL SUPPORT 350

CENTER FOR A GREEN FUTURE DBA GROWING TO GIVE

STUDENT FINANCIAL SERVICES 5781
WINGATE HALL
ORONO,ME044695781 		NONE   GR 1,000

CENTER FOR GRIEVING CHILDREN

233 GLENBROOK RD UJIT 4100
STORRS,CT062694100 		NONE   GENERAL SUPPORT 1,000

CITY THEATER

ATTN ATLANTIC PLUNGE PO BOX 590
SANFORD,ME04073 		NONE   GENERAL SUPPORT 350

CLASSICAL UPRISING

18 MAPLEWOOD AVENUE
BIDDEFORD,ME04005 		NONE   GENERAL SUPPORT 300

COMMUNITY IN THE PARKS

C/O KATHLEEN FUNDERBURK 18 HIGH ST
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 425

DAKOTA MATTHEWS MEMORIAL FUND

5 INDIAN RIDGE DRIVE
BIDDEFORD,ME04005 		NONE   GENERAL SUPPORT 125

DEAN SNELL CANCER FOUNDATION

PO BOX 778
SACO,ME04072 		NONE   GENERAL SUPPORT 250

EDUCATE MAINE

ATTN THERESA SALLS 8 FAIR OAKS DR
SPRINGVALE,ME04083 		NONE   GENERAL SUPPORT 250

ELDER ABUSE INSTITUTE OF MAINE

PO BOX 696
CAPE NEDDICK,ME03902 		NONE   GENERAL SUPPORT 500
EMERSON COLLEGE


OFFICE OF STUDENT ACCOUNTS 120
BOYLSTON ST
BOSTON,MA02166 		NONE   SCHOLARSHIP 2,500

FRIENDS OF MOUNT AGAMENTICUS

BRUNSWICK PARKS RECREATION DEPT220
NEPTUNE DR
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 250

FRIENDSHIP HOUSE

2 LEDGEVIEW DRIVE
WESTBROOK,ME04092 		NONE   GENERAL SUPPORT 200

FURNITURE FRIENDS

15 LONG SANDS ROAD
YORK,ME03903 		NONE   GENERAL SUPPORT 500

GIRL SCOUTS OF MAINE

138 GANNETT DR
SOUTH PORTLAND,ME04106 		NONE   GENERAL SUPPORT 1,600

HEART OF BIDDEFORD

PO BOX 766
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 250

I'M YOUR NEIGHBOR BOOKS

PO BOX 270
ALFRED,ME04001 		NONE   GENERAL SUPPORT 100

JMG

STUDENT ACCOUNTS OFFICE 29 EVERETT
ST
CAMBRIDGE,MA02138 		NONE   GENERAL SUPPORT 5,000

JUNIOR ACHIEVEMENT OF MAINE

565 CONGRESS ST SUITE 306
PORTLAND,ME04101 		NONE   GENERAL SUPPORT 5,000

KIDS FIRST CENTER

51 US ROUTE 1 SUITE S
SCARBOROUGH,ME04074 		NONE   GENERAL SUPPORT 250

KING MIDDLE SCHOOL

46 HOOPER SHORES RD
YORK,ME03909 		NONE   GENERAL SUPPORT 250

LESLEY UNIVERSITY

65 STONE STREET
AUGUSTA,ME04330 		NONE   GENERAL SUPPORT 5,000

MAINE ATTRACTION WATER SKI SHOW TEAM

68 RIVER ST
SANFORD,ME04073 		NONE   GENERAL SUPPORT 2,000

MAINE CHILDREN CANCER PROGRAM

555 FOREST AVE
PORTLAND,ME04101 		NONE   GENERAL SUPPORT 1,000

MAINE CREDIT UNIONS' CAMPAIGN FOR ENDING HUNGER

MAINE CREDIT UNION LEAGUE PO BOX
1236ATTN JEN BURKE
PORTLAND,ME04104 		NONE   GENERAL SUPPORT 128,023

MAINE NEEDS

PO BOX 4174
PORTLAND,ME04101 		NONE   GENERAL SUPPORT 10,000

MAKE-A-WISH MAINE

PO BOX 1603
PORTSMOUTH,NH03801 		NONE   GENERAL SUPPORT 500

MAYFC

80 BELL ST STE 7
PORTLAND,ME04103 		NONE   GENERAL SUPPORT 100

MIDCOAST LITERACY

14 SCHOOL ST
BRUNSWICK,ME040112104 		NONE   GENERAL SUPPORT 500

MIDCOAST SENIOR COLLEGE

ATTN EMILY MITCHELL 106 GILMAN ST
PORTLAND,ME04102 		NONE   GENERAL SUPPORT 500

MIDCOAST SYMPHONY ORCHESTRA

PO BOX 86
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 300

MY BREAST CANCER SUPPORT

ATTN COREY LAPLUME 162 SAM PAGE RD
ACTON,ME04001 		NONE   GENERAL SUPPORT 1,000

NEW LIFE CHURCH

PO BOX 7259
PORTLAND,ME04112 		NONE   GENERAL SUPPORT 300

NEW VENTURES MAINE

26 E MAIN STREET
NORTON,MA02766 		NONE   GENERAL SUPPORT 5,000

NORTHEASTERN UNIVERSITY

35 SOUTH STREET
BIDDEFORD,ME04005 		NONE   GENERAL SUPPORT 1,500

OASIS FREE CLINICS

9 PARK STREET SUITE 1
BATH,ME04530 		NONE   GENERAL SUPPORT 500

PASSION FOR LIFE

390 LINCOLN STREET
SOUTH PORTLAND,ME04106 		NONE   GENERAL SUPPORT 200

PEOPLE PLUS

PO BOX 104
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 250

PINE TREE SOCIETY

PO BOX 1576
PORTSMOUTH,NH03802 		NONE   GENERAL SUPPORT 1,000

PORTLAND WHEELERS

331 MAINE STREET SUITE 4
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 500

PORTSIDE FOUNDATION

PO BOX 336
WESTBROOK,ME04098 		NONE   GENERAL SUPPORT 500

ROYAL RIVER COMMUNITY PLAYERS

ATTN AUCTION COMMITTEE 92 DEERING
AVE
PORTLAND,ME04102 		NONE   GENERAL SUPPORT 250

RSU5 PERFORMING ARTS BOOSTERS

PO BOX 48
SOUTH FREEPORT,ME04078 		NONE   GENERAL SUPPORT 175

SACO BAY ROTARY FOUNDATION

205 MAIN ST SUITE 103
BIDDEFORD,ME04005 		NONE   GENERAL SUPPORT 250

SACO MIDDLE SCHOOL PTO

40 BUXTON ROAD
SACO,ME04072 		NONE   GENERAL SUPPORT 150

SALTY ENDURANCE EVENTS

PO BOX 602
YARMOUTH,ME04096 		NONE   GENERAL SUPPORT 250

SANFORD ALUMNI ASSOCIATION

ATTN GREG JOHNSON PO BOX 8130
PORTLAND,ME04104 		NONE   GENERAL SUPPORT 250

SANFORDSPRINGVALE CHAMBER OF COMMERCE

33 PATRIOT DRIVE
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 250

SANFORD-SPRINGVALE HISTORICAL SOCIETY

89 SOUTH STREET STE 700
BOSTON,MA021112680 		NONE   GENERAL SUPPORT 400

SANFORD-SPRINGVALE ROTARY CHARITABLE FUND

PO BOX 2236
BIDDEFORD,ME04005 		NONE   GENERAL SUPPORT 250

SCORE

PO BOX 292
PORTLAND,ME04101 		NONE   GENERAL SUPPORT 600

SEEDS OF HOPE NEIGHBORHOOD CENTER

360 HUNTINGTON AVENUE
BOSTON,MA02115 		NONE   GENERAL SUPPORT 1,500

SEXUAL ASSAULT SUPPORT SERVICES

PO BOX 990
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 2,000

SHALOM HOUSE INC

PO BOX 1042
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 500

SPECIAL OLYMPICS MAINE

245 BROADWAY 101
SOUTH PORTLAND,ME04106 		NONE   GENERAL SUPPORT 200

ST THOMAS SCHOOL

PO BOX 1166
SANFORD,ME04073 		NONE   GENERAL SUPPORT 250

STEP UP PARENTS

C/O DENNIS WALTON AD 20 MAPLEWOOD
AVE
BIDDEFORD,ME04005 		NONE   GENERAL SUPPORT 500

SWEETSER

PO BOX 11314
PORTLAND,ME04104 		NONE   GENERAL SUPPORT 500

THE GATHERING PLACE

189 PARK AVENUE
PORTLAND,ME04102 		NONE   GENERAL SUPPORT 500

THE IRIS NETWORK

PO BOX 238
NORTH BERWICK,ME03906 		NONE   GENERAL SUPPORT 500

THE MINNIS SANCTUARY

1192 W ROAD
BOWDOIN,ME04287 		NONE   GENERAL SUPPORT 200

THE SUMMIT PROJECT

510 MAIN STREET
SPRINGVALE,ME04083 		NONE   GENERAL SUPPORT 250

THE THEATER PROJECT

66 MUSSEY ROAD
SCARBOROUGH,ME04074 		NONE   GENERAL SUPPORT 500

TOPSHAM PARKS & RECREATION

417 US ROUTE ONE
FALMOUTH,ME04105 		NONE   GENERAL SUPPORT 500

TOPSHAM TRAILRIDERS CLUB

PO BOX 421
TOPSHAM,ME04086 		NONE   GENERAL SUPPORT 200

TRI-TOWN LITTLE LEAGUE

PO BOX 67
FREEPORT,ME04032 		NONE   GENERAL SUPPORT 200

TSNE MISSIONWORKS MFCP

PO BOX 276
SPRINGVALE,ME04083 		NONE   GENERAL SUPPORT 400

UNIVERSITY OF CONNECTICUT

149 FRONT STREET
BATH,ME04530 		NONE   GENERAL SUPPORT 1,000

UNIVERSITY OF MAINE

30 E COXON RD
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 1,000

UNIVERSITY OF TORONTO-FBO LUKE CHESELDINE

BURSARS OFFICE5420 COLLEGE STATION
BRUNSWICK,ME040118445 		NONE   GENERAL SUPPORT 2,500

WAYSIDE FOOD PROGRAMS

PO BOX 1278
PORTLAND,ME04104 		NONE   GENERAL SUPPORT 10,500

WHEATON COLLEGE

175 MAIN ST
SOUTH PORTLAND,ME04106 		NONE   GENERAL SUPPORT 5,000

WINTERKIDS

506 MAIN STREET SUITE 10
WESTBROOK,ME04902 		NONE   GENERAL SUPPORT 3,000

YORK COUNTY COMMUNITY ACTION CORP

6 SPRUCE ST
SANFORD,ME04073 		NONE   GENERAL SUPPORT 15,500

YORK COUNTY SOIL & WATER CONSERVATION DISTRICT

21 BRADEEN STREET SUITE 304
SPRINGVALE,ME04083 		NONE   GENERAL SUPPORT 1,500

YORK LITTLE LEAGUE BASEBALL & SOFTBALL

PO BOX 43
WEST KENNEBUNK,ME04094 		NONE   GENERAL SUPPORT 500

YORK PUBLIC LIBRARY

5 TENNEY WAY
BRUNSWICK,ME04011 		NONE   GENERAL SUPPORT 500

YULS FOUNDATION FOR FOSTER YOUTH

9 CAMIRE DR
SACO,ME04072 		    GENERAL SUPPORT 100
Total ................................. 3a 267,348
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 ........... 		         
4 Dividends and interest from securities ....     14 98,635  
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 38,794  
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) .. 0 137,429 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
137,429
(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
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
 
Employer identification number

86-2316892
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
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
  		Employer identification number
86-2316892
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
ATLANTIC FEDERAL CREDIT UNION
 
600 SABLE OAKS SUITE 100
 
SOUTH PORTLAND, ME04106

$ 147,915


(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.)
(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
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
  		Employer identification number

86-2316892
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
  		Employer identification number

86-2316892
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:
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
EIN:
86-2316892
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 2,915 1,458   1,457

TY 2025 InvestmentsCorpBondsSchedule
Name:
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
EIN:
86-2316892
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 1,138,716 1,138,716

TY 2025 InvestmentsCorpStockSchedule
Name:
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
EIN:
86-2316892
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE SECURITIES 1,255,246 1,255,246

TY 2025 InvestmentsGovtObligationsSch
Name:
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
EIN:
86-2316892
US Government Securities - End of Year Book Value:

13,520
US Government Securities - End of Year Fair Market Value:

13,520
State & Local Government Securities - End of Year Book Value:


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


0


TY 2025 OtherAssetsSchedule
Name:
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
EIN:
86-2316892
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
A/R PREFUNDED INVESTMENTS 730 3,430 3,430
ACCRUED INCOME-INVESTMENTS-PREFUNDED 12,174 16,248 16,248


TY 2025 OtherIncreasesSchedule
Name:
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
EIN:
86-2316892
Description Amount
UNREALIZED GAINS/LOSS ON SECURITIES 85,980


TY 2025 OtherProfessionalFeesSchedule
Name:
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
EIN:
86-2316892
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 22,856 22,856   0


TY 2025 SubstantialContributorsSch
Name:
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
EIN:
86-2316892
Name Address
ATLANTIC FEDERAL CREDIT UNION
  		600 SABLE OAKS SUITE 100
SOUTH PORTLAND,ME04106


TY 2025 TaxesSchedule
Name:
ATLANTIC FEDERAL CREDIT UNION FOUNDATION
EIN:
86-2316892
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PAYMENTS 2,600 0   0