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
Franklin Savings Bank Community
Development Foundation
Number and street (or P.O. box number if mail is not delivered to street address) 198 Front Street PO Box 825
  Room/suite
City or town
Farmington
State or province
ME
Country  
ZIP or foreign postal code
049380825
A Employer identification number

31-1719226
B Telephone number (see instructions)

2077783339
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)$4,033,349J 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) 402,800
2 Check .................
3 Interest on savings and temporary cash investments 149,967 149,967  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 552,767 149,967  
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
2,800 1,400   1,400
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,953 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.......... 4,753 1,400   1,400
25 Contributions, gifts, grants paid....... 705,108 705,108
26 Total expenses and disbursements. Add lines 24 and 25 ................ 709,861 1,400   706,508
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -157,094
b Net investment income (if negative, enter -0-) 148,567
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.............      
2 Savings and temporary cash investments......... 4,182,943 4,033,349 4,033,349
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).......      
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) 4,182,943 4,033,349 4,033,349
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 4,182,943 4,033,349
29 Total net assets or fund balances (see instructions)..... 4,182,943 4,033,349
30 Total liabilities and net assets/fund balances (see instructions). 4,182,943 4,033,349
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
4,182,943
2
Enter amount from Part I, line 27a .....................
2
-157,094
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
7,500
4
Add lines 1, 2, and 3 ..........................
4
4,033,349
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
4,033,349
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here 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 2,065
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 2,065
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 2,065
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 2,400
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 335
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax335 Refunded 11 0
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. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addresshttps://www.franklinsavings.bank/
14
The books are in care ofPamala Dixon Senior VP & CFO Telephone no. (207) 778-3339

Located atFranklin Savings BankFarmingtonME ZIP+404938
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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
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)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
Yes
 
c
Organizations relying on a current notice regarding disaster assistance check .........
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
Bradford S Adley Director
1.00 		0 0 0
198 Front Street
Farmington,ME04938
Robert L Berry III Director
1.00 		0 0 0
198 Front Street
Farmington,ME04938
James L Eastlack Director
1.00 		0 0 0
198 Front Street
Farmington,ME04938
Richard H Smith Director
1.00 		0 0 0
198 Front Street
Farmington,ME04938
James M Witt IV Director
1.00 		0 0 0
198 Front Street
Farmington,ME04938
Katherine W Yardley Director
1.00 		0 0 0
198 Front Street
Farmington,ME04938
Peter L Judkins Chairperson
1.00 		0 0 0
198 Front Street
Farmington,ME04938
Timothy J Thompson President
1.00 		0 0 0
198 Front Street
Farmington,ME04938
Pamala J Dixon Treasurer and Secretary
1.00 		0 0 0
198 Front Street
Farmington,ME04938
Dylan Smith Assistant Treasurer
1.00 		0 0 0
198 Front Street
Farmington,ME04938
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  
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
0
b
Average of monthly cash balances.......................
1b
4,010,921
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
4,010,921
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
4,010,921
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
60,164
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
3,950,757
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
197,538
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
197,538
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
2,065
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,065
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
195,473
4
Recoveries of amounts treated as qualifying distributions................
4
7,500
5
Add lines 3 and 4............................
5
202,973
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
202,973
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
706,508
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
706,508
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 7 202,973
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...... 158,296
b From 2021......  
c From 2022...... 70,611
d From 2023...... 306,971
e From 2024...... 220,059
f Total of lines 3a through e ........ 755,937
4Qualifying distributions for 2025 from Part
XI, line 4: $ 706,508
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..... 202,973
e Remaining amount distributed out of corpus 503,535
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 1,259,472
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) ... 		158,296
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		1,101,176
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 .... 70,611
c Excess from 2023 .... 306,971
d Excess from 2024 .... 220,059
e Excess from 2025 .... 503,535
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:
Pamala J Dixon co FSB Community Dev
PO Box 825
Farmington,ME04938
(207) 778-3339
p.dixon@franklinsavings.com
bThe form in which applications should be submitted and information and materials they should include:
All requests for funding from the Franklin Savings Bank Community Development Foundation should be made in writing by letter or the Charitable Request form. The formal application can be found online on the Foundation's website at: https://www.franklinsavings.bank/about/community-involvement/ The application can be mailed to the FSB Community Development Foundation at P.O. Box 825, Farmington, ME 04938. Grants are only awarded to qualifying public charities and government organizations. Applicants should include their full name, their tax ID number, and a copy of their IRS non-profit determination letter. Applicants should also provide their address and contact information, the purpose for which they are seeking a grant, a dollar-amount requested, and governance and conflict of interest disclosures.
cAny submission deadlines:
The Foundation does not list or mandate definitive deadlines for donation applications.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Foundation only considers requests that benefit the communities of the Foundation's local business area. The Foundation favors requests that target economic development; that help low-income communities; or that assist with job retention and training. The Foundation will not assist individuals raising money for trips, personal crisis, or medical problems; additionally, the Foundation will not assist individuals seeking pledges for charity walks or runs, though it may provide corporate sponsorships to qualifying events. The Foundation provides support for scholarship programs directly with qualifying schools in its operating region, and therefore does not contribute to other personal or individual scholarship fund-raising efforts.
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

16 Weeks & Beyond

PO Box 14
Hanover,ME04237 		N/A   2025 Sensory Play Event Donation 1,750

30 Mile River Watershed Association

PO Box 132
Mount Vernon,ME04352 		N/A   2025/2026 Donation 2,000

Acadia Fire FC Inc

PO Box 811
Mount Desert,ME04660 		N/A   0225 Youth Program Donation 800

Andover Educational Fund Inc

PO Box 32
Andover,ME04216 		N/A   2025 Adult Education Scholarship Program Donation 500

Androscoggin Home Health Services Inc

15 Strawberry Avenue
Lewiston,ME04240 		N/A   2025-2026 Program Fitness Donation 550

Angel Fight of New England

492 Sutton Street
North Andover,MA01845 		N/A   2025 Angel Flight of New England/Maine Support 2,500

Area Youth Sports Inc

PO Box 363
Jay,ME04239 		N/A   2025 Season Sponsorship and AYS Soccer Sponsorship 750

Avesta Housing Development Corporation

307 Cumberland Avenue
Portland,ME04101 		N/A   2 of 3 Pledge for Edgewater Village Donation 25,000

Bar Harbor Food Pantry

PO Box 434
Bar Harbor,ME04609 		N/A   2025 Food Pantry Donation 2,000

Beth Brunswick Memorial Fund For Children

PO 7038
Rangeley,ME04970 		N/A   2025 Child Development Center Donation (1 of 2) 25,000

Bethel Area District Exchange and Food Pantry

281 Walkers Mills Road
Bethel,ME04217 		N/A   2025 Food Pantry Donation 2,000

Bicycle Coalition of Maine

38 Diamond Street Unit B
Portland,ME04101 		N/A   2025 Maine Woods Rambler Donation 1,000

Black Mountain of Maine

PO Box 296
Rumford,ME04276 		N/A   2025 Free Ski Night Donation and Annual Fundraiser Golf Tournament Donation 5,200

Bucksport Community Concerns Inc

PO Box 603
Bucksport,ME04416 		N/A   2025 Food Pantry Donation 2,000

Camp Capella Inc

8 Pearl Point Road
Dedham,ME04429 		N/A   2025 Camper Sponsor Contribution 2,000

Canaan Community Food Cupboard

272 Main Street
Canaan,ME04924 		N/A   2025 Food Pantry Donation 2,000

Canton Baptist Church

45 Pleasant Street
Canton,ME04221 		N/A   2025 Food Pantry Donation 2,000

Care and Share Food Closet

PO Box 38
West Farmington,ME049920038 		N/A   Food Pantry Donation, Floor Repairs 20,000

Carrabassett Valley Academy

3197 Carrabassett Drive
Carrabassett Valley,ME04947 		N/A   2025 Scholarship Contribution and High Performance Center Donation 5,000

Carrabec High School

160 N Main Street
North Anson,ME04958 		N/A   2025 Food Pantry Donation and Jeremy Barcelos 2025 Scholarship Award 5,500

Catholic Charities of Maine

307 Congress Street
Portland,ME04101 		N/A   2025 Annual Contribution (Community Partners Pro) 2,000

CenterPoint Community Church

16 Church Street
Anson,ME04911 		N/A   2025 Food Pantry Donation 2,000

Children's Discovery Museum

7 Eustis Parkway
Waterville,ME04901 		N/A   2025 Children's Museum Exhibit Sponsorship (2 of 3) 8,333

Church of Nazarene

78 North Main Street
Strong,ME04938 		N/A   2025 Food Pantry Donation 2,000

Clearwater Ministries Inc

19 Hennessey Road
Industry,ME04938 		N/A   2025 Food Pantry Donation 2,000

Community Concepts Inc

240 Bates Street
Lewiston,ME042407330 		N/A   2025 Homeownership Program Contribution 5,000

Community Health and Counseling Services

42 Cedar Street
Bangor,ME04401 		N/A   2025 Toy Drive Donation 200

DDF Toy Drive

1180 Route 2
Rumford,ME04276 		N/A   2025 Toy Drive Donation 1,500

Dirigo High School

145 Weld Street
Dixfield,ME04224 		N/A   Amaya Child 2025 Scholarship Award 3,000

Dixfield Baptist Church

2 Chapel Road
Dixfield,ME04224 		N/A   2025 Food Pantry Donation 2,000

Down East Family YMCA

238 State Street
Ellsworth,ME04605 		N/A   2025 5K Kinsley Ray Run and Walk and Lewis/Crowley Memorial Tournament Donation 750

East Summer Congregational Church

50 Main Street
Sumner,ME04292 		N/A   2025 Food Pantry Donation 2,000

Educate Maine

482 Congress Street Suite 303
Portland,ME04101 		N/A   2025 Maine Teacher Gala 500

Ellsworth High School

24 Lejok Street
Ellsworth,ME04605 		N/A   2025 Food Pantry Donation and Whitney Clarke and Anna Stevens 2025 Scholarship Award 5,500

Ellsworth Historical Society

PO Box 355
Ellsworth,ME04605 		N/A   Chamberlain House Roof Repair Donation 1,000

Ellsworth Little League

PO Box 1351
Ellsworth,ME04605 		N/A   2025 Season Sponsorship/Donation 250

Ellsworth Maine Rotary Club Foundation

PO Box 841
Ellsworth,ME04605 		N/A   2025 Reading Club Program Donation 300

Episcopal Diocese of Maine

2614 Main Street
Rangeley,ME04970 		N/A   2025 Food Pantry Donation 2,000

Farmington Home for Aged People

204 Main Street
Farmington,ME04938 		N/A   2025 Pierce House Donation - Thompson 25th Anniversary 2,500

Farmington Public Library

117 Academy Street
Farmington,ME04938 		N/A   2025 Children's Room Donation 2,000

Fayette Baptist Church

39 Baldwin Hill Road
Fayette,ME04349 		N/A   2025 Shoulder to Shoulder Program and Food Pantry Donation 4,500

First Congregational of Andover UCC

23 Elm Street
Andover,ME04216 		N/A   2025 Food Pantry Donation 2,000

Fit Girls of Wilton Maine

PO Box 411
East Wilton,ME04294 		N/A   2025 Sponsorship Donation 1,500

Food Cupboard of Jay Livermore and Livermore Falls

PO Box 314
Livermore Falls,ME04254 		N/A   2025 Thanksgiving Baskets Donation 5,600

Foster CTE Center

129 Seamon Road
Farmington,ME04938 		N/A   Jon Alexander 2025 Scholarship Award 3,000

Franklin County Animal Shelter

550 Industry Road
Farmington,ME04938 		N/A   2025 Strut for Strays 5K & Mega Yard Sale 1,000

Franklin Ski & Outing Club (dba Farmington Ski Club)

PO Box 43
Farmington,ME04938 		N/A   Free Ski Night; T-Bar; Ski Club 153,000

Free ME from Lung Cancer

176 Leavitt Road
Augusta,ME04330 		N/A   2025 Save Your Breath Run/Walk 500

Frenchman Bay Conservancy

PO Box 150
Hancock,ME04060 		N/A   2025 Monday Music Donation 1,000

Gilbert and Sullivan Society of Maine

PO Box 2261
Ellsworth,ME04605 		N/A   2025 Performance Sponsorship 2,000

Greater Franklin Development Council

PO Box 107
Farmington,ME049380107 		N/A   2025 Donation 12,500

Greater Franklin Food Council

102 High Street
Farmington,ME04938 		N/A   2025 Community Event(s) and Under the Oaks Event Donation 5,500

HOME Inc

PO Box 10
Orland,ME04472 		N/A   2025 Food Pantry Donation 4,000

Hancock County Technical Center

112 Boggy Brook Road
Ellsworth,ME04605 		N/A   Lily Bean 2025 Scholarship Award 3,000

Heart of Ellsworth

6 State Street
Ellsworth,ME04605 		N/A   2025 Summer Concert and Community Grant & Franklin Street Music Donation 9,000

High Peaks Alliance

PO Box 987
Farmington,ME04938 		N/A   2025 Sandy River Bridge Project PMT (4 of 5) Annually 10,000

High Peaks Creative Council

4 Maple Lane
Avon,ME04966 		N/A   2025 Wonderland Children's Festival Donations 2,000

History House Association

PO Box 832
Skowhegan,ME04976 		N/A   2025 Museum Annual Appeal Donation 200

Honor Flight Maine Inc

PO Box 469
Augusta,ME04332 		N/A   2025 Car Show Ron Morin Fundraiser Donation 500

IAABO Board 20

73 Gleason Street
Thomaston,ME04861 		N/A   2025 Youth Training Program Donation 500

Jay Niles Memorial Library Association

PO Box 5008
North Jay,ME04262 		N/A   2026 Summer Reading Program 1,000

Kennebec Mental Health Associates Inc

67 Eustis Parkway
Waterville,ME04901 		N/A   2025 Food Drive Donation 7,000

Kennebec Montessori School

38 Sheridan Road
Fairfield,ME04937 		N/A   2025 School Auction Fundraiser Sponsorship 500

Kennebec Valley Community Action Program

101 Water Street
Waterville,ME04901 		N/A   2025 Skowpendous Donation + Housing & Financial Education Donation 5,100

Kennebec Valley Humane Society

168 Leighton Road
Augusta,ME04330 		N/A   2025 Sponsorship/Donation 1,500

Kingfield Pops

PO Box 365
Kingfield,ME04947 		N/A   2025 Kingsfield Pops Donation 5,000

Lake Stewards of Maine

24 Maple Hill Road
Auburn,ME04210 		N/A   2025 Lake Conference Sponsorship 2,500

Larry Labonte Recovery Center

412 Waldo Street
Rumford,ME04276 		N/A   2025 Student Recovery Coaching Program Donation 5,000

LEAP

108 Leap Lane
Farmington,ME04938 		N/A   2025 Wild Game Diner & Stone Soup Gardens Donation 1,000

Living Waters Church

547 Wilton Road
Farmington,ME04938 		N/A   2025 Food Pantry Donation 2,000

Loaves and Fishes Food Pantry

PO Box 1672
Ellsworth,ME04605 		N/A   2025 Turn Back the Tide on Hunger Event, 2025 Food Pantry Donation 4,500

Madison Area Memorial High School

486 Main Street
Madison,ME04950 		N/A   Bryan Donnelly + Ella Haynie 2025 Scholarship Award 3,000

Mahoosuc Land Trust Inc

162 North Road
Bethel,ME04217 		N/A   2025 Monarch Festival Donation 2,000

Main Street Skowhegan

65 Water Street Unit 1
Skowhegan,ME04976 		N/A   2025 Various Event Sponsorships 11,500

Maine Adaptive Sports and Recreation

2 Main Street
Bethel,ME04217 		N/A   2025 Annual Maine Adaptive ski-A-Thon Donation 500

Maine Appalachian Trail Club

PO Box 7564
Portland,ME04112 		N/A   2025 Contribution 3,000

Maine Children's Home for Little Wanderers

93 Silver Street
Waterville,ME04901 		N/A   2025 Winter Essentials Care Packages Donation 2,500

Maine College Circle

PO Box 1112
Ellsworth,ME04605 		N/A   2025 Future of ME Aspirations Scholarship Program Donation 1,000

Maine Forestry Museum

PO Box 154
Rangeley,ME04970 		N/A   2025 Festival and Parade Donation 2,000

Maine Huts and Trails

496 Main Street Apartment C
Kingfield,ME04947 		N/A   2025 Mt Abraham Stratton Brook Hut Trip Sponsorship 1,500

Maine Inside Out

168 Lisbon Street Suite 2
Lewiston,ME04240 		N/A   2025 Art Express Donation 500

Maine Stream Place Inc

170 Route 133
Wilton,ME04294 		N/A   2025 Program Donation 2,500

MaineGeneral Health

35 Medical Center Parkway
Augusta,ME04330 		N/A   2025 Hope and Healing Cancer Wing Expansion; Day of Hope 9,833

Make-A-Wish Foundation of Maine

66 Mussey Road
Scarborough,ME04074 		N/A   Walk for Wishes and Trailblaze Challenge 5,000

Mission at the Eastward

583 Fairbanks Road
Farmington,ME04938 		N/A   MATE Housing Ministry Vehicle 5,000

Mountain Valley High School

799 Hancock Street
Rumford,ME04276 		N/A   Madison Dow 2025 Scholarship Award 3,000

MSAD 44

One Parkway 204
Bethel,ME04217 		N/A   Bethel Area School District 2,500

MSAD 54

196 West Front Street
Skowhegan,ME04976 		N/A   JMG Leadership Day 500

MSAD 58

1401 Rangeley Road
Phillips,ME04966 		N/A   Mount Abram School District 2,500

Mt Abram High School

1513 Salem Road
Strong,ME04983 		N/A   Scholarship Awards 3,000

Mt Blue High School (fbo MBHS Jazz Band & Voices)

129 Seamon Road
Farmington,ME04938 		N/A   New York Heritage Festival 1,500

Mt Blue High School Robotics BlueCrew

129 Seamon Road
Farmington,ME04938 		N/A   Robotics Sponsorship 1,000

Mt Blue High School

129 Seamon Road
Farmington,ME04938 		N/A   Scholarship Awards 6,000

Mt Blue Middle School

269 Middle Street
Farmington,ME04938 		N/A   Northern Stars Planetarium 625

National Association of Charitable Gift Planners

PO Box 1177
Bath,ME04530 		N/A   Maine Planned Giving Council 1,250

New England Mountain Bike Association (NEMBA)

PO Box 2221
Acton,MA01720 		N/A   Central Maine Cycling Challenge 3,500

New Portland Community Library

889 River Road
New Portland,ME04961 		N/A   Calendar Fundraiser 250

New Sandy River and Rangeley Lakes Railroad

PO Box B
Phillips,ME04966 		N/A   Fly Rod Crosby Trail 1,352

Notre Dame De Lourdes Church

273 Water Street
Skowhegan,ME04976 		N/A   2025 Food Pantry Donation 2,000

Old South Church - Maine Conference UCC

235 Main Street
Farmington,ME04938 		N/A   Concert Series 1,600

Olympia Snowe Women's Leadership Institute

1 Monument Square Suite 502
Portland,ME04101 		N/A   Program Support 2,500

Oxford Hills Food Pantry

35 Paris Street
Norway,ME04268 		N/A   Food Pantry Donation 2,000

Oxford Seventh Day Adventist

259 Fore Street
Oxford,ME04270 		N/A   Food Pantry Donation 2,000

Patrick's Recruitment for Peace

605 Ridge Road
Fairfield,ME04937 		N/A   Recruitment for Peace 5K 300

People Who Care Food Cupboard

PO Box 316
Madison,ME04950 		N/A   Food Pantry Donation 2,000

Phillips Area Food Pantry

15 Russell Street
Phillips,ME04966 		N/A   Food Pantry Donation 2,000

Pine Tree Society for Handicapped Children and Adults Inc

149 Front Street
Bath,ME045302672 		N/A   General Operating Support 5,000

Rangeley Friends of the Performing Arts

PO Box 333
Rangeley,ME04970 		N/A   Theater Support; Artist Sponsorship 3,000

Rangeley Health and Wellness Partnership

PO Box 722
Rangeley,ME04970 		N/A   Food Pantry Donation 2,000

Rangeley Lakes Regional School

43 Mendolia Road
Rangeley,ME04970 		N/A   Scholarship Awards 3,000

Rangeley Region Guides & Sportsmen Association

PO Box 244
Rangeley,ME04970 		N/A   Youth Fishing Derby 250

Rangeley Skating Club Inc

PO Box 889
Rangeley,ME04970 		N/A   Hockey Festival 200

Region 9 School of Applied Technology

377 River Road
Mexico,ME04257 		N/A   General Operating Support 3,000

Rescue Charlie's Friends

PO Box 160
Woolwich,ME04579 		N/A   Dog Rescue 500

Riding to the Top

14 Lilac Drive
Windham,ME04062 		N/A   Riding Center 2,500

River Valley Healthy Communities Coalition

PO Box 86
Rumford,ME04276 		N/A   Food Pantry Donation 2,000

RSU #9 Community Food Pantry

127 Middle Street
Farmington,ME04938 		N/A   Food Pantry Donation 2,500

RSU 10

799 Hancock Street
Rumford,ME04276 		N/A   Wellness Center 7,500

RSU 56

147 Weld Street
Dixfield,ME04224 		N/A   Dirigo School District 2,500

RSU 59

486 Main Street
Madison,ME04950 		N/A   Madison School District 2,500

RSU 78

43 Mendolia Road
Rangeley,ME04970 		N/A   Rangeley Lakes School District 2,500

SeniorsPlus

8 Falcon Road
Lewiston,ME04240 		N/A   Aging Well Expo 1,350

Sexual Assault Crisis and Support Center

PO Box 417
Winthrop,ME043640417 		N/A   Prevention and Response Services 7,000

Skowhegan Area High School

61 Academy Circle
Skowhegan,ME04976 		N/A   Athletics 10,179

Skowhegan Community Food Cupboard

13 Elm Street
Skowhegan,ME04976 		N/A   Food Pantry Donation 2,000

Small Woodland Owners Association of Maine Inc

PO 836
Augusta,ME04332 		N/A   Legacy Campaign 1,000

Solon Community Food Cupboard and Thrift shop

34 Brighton Road
Solon,ME04979 		N/A   Food Pantry Donation 2,000

Somerset Career & Technical Center

196 W Front Street
Skowhegan,ME04976 		N/A   Food Pantry Donation 5,500

Somerset Humane Society

PO Box 453
Skowhegan,ME04976 		N/A   Barktoberfest 2,000

SPCA of Hancock County

141 Bar Harbor Road
Trenton,ME04605 		N/A   wine and Whiskers Fundraiser 500

Special Olympics Maine

125 John Roberts Road 5
South Portland,ME04106 		N/A   Softball Tournament 500

Spruce Mountain Educational Foundation

PO Box 113
Jay,ME04239 		N/A   Free Ski Night 5,436

Spruce Mountain High School

33 Community Drive
Jay,ME04239 		N/A   Scholarship Awards 3,000

Spruce Mountian Primary School

107 Gibbs Mill Road
Livermore,ME04253 		N/A   Food Pantry Donation 2,500

St Joseph's Nutrition Center

130 Quebec Street
Farmington,ME04938 		N/A   Food Pantry Donation 2,000

St Joseph's Parish

133 Middle Street
Farmington,ME04938 		N/A   Thanksgiving Dinner 2,000

St Peter's Catholic Church - Thrift Store and Food Cupboard

272 Main Street
Bingham,ME04920 		N/A   Food Pantry Donation 2,000

St Rose of Lima

1 Church Street
Jay,ME04239 		N/A   Food Pantry Donation 2,000

Stratton Eustis Food Pantry

88 Main Street
Stratton,ME04982 		N/A   Food Pantry Donation 2,000

Stratton School

65 School Street
Stratton,ME04982 		N/A   Food Pantry Donation 2,500

Sugarloaf Region Charitable Trust

5092 Access Road
Carrabassett Valley,ME04947 		N/A   Marathon and 15K Fundraiser 2,500

Susan L Curtis Charitable Foundation

1321 Washington Avenue Suite 104
Portland,ME04103 		N/A   Camp Curtis Programs 7,500

Team Long Run

531 North Road
Bethel,ME04217 		N/A   Literacy Programs 1,500

Telstar Regional High School

284 Walkers Mills Road
Bethel,ME04217 		N/A   Scholarship Awards 3,000

The Arts Institute of Western Maine

PO Box 324
Farmington,ME04938 		N/A   Nutcracker Ballet 2,500

The Common Good Soup Kitchen Community

19 Clark Point Road
Southwest Harbor,ME04679 		N/A   Food Pantry Donation 2,000

The Maine Grain Alliance

PO Box 1140
Skowhegan,ME04976 		N/A   Technical Assistance 6,000

The Rangeley Lakes Region Historical Society

PO Box 521
Rangeley,ME04970 		N/A   Exhibit Support 2,500

The Summer Camp (Bridgton)

8 Church Street
Bridgton,ME04009 		N/A   Camperships 3,000

The Winthrop Public Library Foundation

39 Bowdoin Street
Winthrop,ME04364 		N/A   Reading Programs 1,000

Town of Chesterville

409 Dutch Gap Road
Chesterville,ME04938 		N/A   Baseball Facilities 650

Town of Jackman

369 Main Street
Jackman,ME04945 		N/A   Food Pantry Donation 2,000

Town of Jay

340 Main Street
Jay,ME04239 		N/A   Music in the Park 2,000

Town of Madison

26 Weston Avenue
Madison,ME04950 		N/A   Ice Rink 2,500

Town of Mexico

134 Main Street
Mexico,ME04257 		N/A   Firemen's Association 400

Town of Norridgewock

16 Perkins Street
Norridgewock,ME04957 		N/A   Music Series 5,500

Town of Smithfield

926 Village Road
Smithfield,ME04978 		N/A   Food Pantry Donation 2,000

Town of Starks

57 Anson Road
Starks,ME04911 		N/A   Food Pantry Donation 2,000

Town of Wilton

158 Weld Road
Wilton,ME04294 		N/A   Blueberry Festival 500

Tranet (WRGY 905 FM)

PO Box 844
Rangeley,ME04970 		N/A   General Operating Support 1,000

Travis Mills Foundation

647 Castle Island Road
Mt Vernon,ME04352 		N/A   Miles for Mills 5,000

Tree of Life

PO Box 1329
Blue Hill,ME04614 		N/A   Food Pantry Donation 2,000

Tunnels To Towers Foundation

2361 Hylan Boulevard
Staten Island,NY10306 		N/A   Wellness Challenge 500

United Baptist Church of Peru

98 Main Street
Peru,ME04290 		N/A   Food Pantry Donation 2,000

United Methodist Church of Wilton

600 Main Street
Wilton,ME04294 		N/A   Food Pantry Donation 2,000

United Methodist Economic Ministry

1458 Salem Road
Strong,ME04983 		N/A   Food Pantry Donation 2,000

University of Maine System

96 Falmouth Street
Portland,ME04103 		N/A   Western Outdoor Recreation Hub 12,000

Vienna Historical Society

PO Box 61
Vienna,ME04360 		N/A   Waite House Restoration 2,000

Vietnam Veterans Memorial Fund Inc

1530 Wilson Boulevard Suite 550
Arlington,VA22209 		N/A   Wall that Heals 9,000

Volunteers of America Northern New England

14 Maine Street Suite 301
Brunswick,ME04011 		N/A   Affordable Housing 2,000

WG Mallet School

116 Middle Street
Farmington,ME04938 		N/A   Kindergarten Programs 1,650

Washburn Norlands Living History Center

290 Norlands Road
Livermore,ME04253 		N/A   Christmas Festival 1,000

Waterville Creates

93 Main Street
Waterville,ME04901 		N/A   Film Festival 250

Wellness Mobile

20 East Avenue
Lewiston,ME04240 		N/A   Outreach 1,500

Western Maine Community Action Inc

20 Church Street
East Wilton,ME04234 		N/A   General Operating Support 5,000

Western Maine Foothills Regional School District

799 Hancock Street Suite 1
Rumford,ME04276 		N/A   Food Pantry Donation 2,500

Western Maine Paper and Heritage Museum

PO Box 293
Jay,ME04239 		N/A   Preservation 4,500

Western Maine Play Museum

PO Box 1161
Wilton,ME042941161 		N/A   Speakeasy Event 2,000

Windsor Elementary School

366 Ridge Road
Windsor,ME04363 		N/A   Outing Club 250

Winthrop Food Pantry

PO Box 82
Winthrop,ME04364 		N/A   Food Pantry Donation 2,000

Work First Inc

PO Box 86
Farmington,ME04938 		N/A   Activities and events 1,000

Young Men's Christian Association State of Maine

305 Winthrop Center Road
Winthrop,ME04364 		N/A   General Operating Support 500
Total ................................. 3a 705,108
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 ........... 		    14 149,967  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 149,967 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
149,967
(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
Franklin Savings Bank Community
Development Foundation
Employer identification number

31-1719226
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
Franklin Savings Bank Community
Development Foundation 		Employer identification number
31-1719226
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
Franklin Savings Bank
 
198 Front Street
 
Farmington, ME04938

$ 402,800


(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
Franklin Savings Bank Community
Development Foundation 		Employer identification number

31-1719226
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
Franklin Savings Bank Community
Development Foundation 		Employer identification number

31-1719226
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:
Franklin Savings Bank Community
 
Development Foundation
EIN:
31-1719226
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting fees 2,800 1,400   1,400

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

TY 2025 ExpenditureResponsibilityStmt
Name:
Franklin Savings Bank Community
 
Development Foundation
EIN:
31-1719226
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
Rangeley Skating Club Inc
  		PO Box 1261
Rangeley,ME04970 		2025-02-20 200 During its 2025 tax year, the Foundation made a grant of $200 to Rangeley Skating Club, Inc., a former public charity based in Rangeley, Maine. The Club is a small community-based organization which promotes public and communal engagement and winter recreation. The Foundation's grant was intended to assist the Club with its annual Hockey Festival, which brings local citizens and community members together to celebrate the season and the town, as well as to allow for general maintenance and improvement of the skating facility. As the Club provides a public and accessible benefit to townsfolks and the community in and round Rangeley, Maine, this grant furthers a charitable purpose aligned with the Foundation's exempt mission. 200 None to the Foundation's knowledge. Reports and receipts received through the year ending 12-31-2025. 2025-12-31 The Foundation's award to this grantee was paid pursuant to a signed and agreed upon grant application. To the best of the Foundation's knowledge and based on receipts and reports provided by the grantee, all awarded funds were used as intended for their designated charitable purpose.
New Sandy River and Rangeley Lakes Railroad
  		PO Box B
Phillips,ME04966 		2025-04-02 1,352 During its 2025 tax year, the Foundation made a grant of $1,352 to the New Sandy River and Rangeley Lakes Railroad, a Section 501(c)(3) private operating foundation. The Railroad works to protect and promote trails, outdoor recreation, and conservation, making such benefits accessible and available to the general public. The Foundation's grant was intended to assist the Railroad with the improvement and expansion of its Crosby Trail, making this trail network cleaner, safer, and more accessible by the general community and broader public. As the Railroad provides a public and accessible benefit to townsfolks and the community in and around the Rangeley Lakes region, this grant furthers a charitable purpose aligned with the Foundation's exempt mission. 1,352 None to the Foundation's knowledge. Reports and receipts received through the year ending 12-31-2025. 2020-12-31 The Foundation's award to this grantee was paid pursuant to a signed and agreed upon grant application. To the best of the Foundation's knowledge and based on receipts and reports provided by the grantee, all awarded funds were used as intended for their designated charitable purpose.

TY 2025 OtherIncreasesSchedule
Name:
Franklin Savings Bank Community
 
Development Foundation
EIN:
31-1719226
Description Amount
Recoveries of prior year charitable distributions 7,500


TY 2025 TaxesSchedule
Name:
Franklin Savings Bank Community
 
Development Foundation
EIN:
31-1719226
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise taxes 1,953 0   0