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
Saco & Biddeford Savings
Charitable Foundation
Number and street (or P.O. box number if mail is not delivered to street address) 50 Industrial Park Road
  Room/suite
City or town
Saco
State or province
ME
Country  
ZIP or foreign postal code
04072
A Employer identification number

01-0516587
B Telephone number (see instructions)

2072844591
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)$528,330J 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) 149,863
2 Check .................
3 Interest on savings and temporary cash investments 16,567 16,567  
4 Dividends and interest from securities... 2,087 2,087  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -3,923
b Gross sales price for all assets on line 6a 143,639
7 Capital gain net income (from Part IV, line 2)... 111,352
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........ 164,594 130,006  
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
2,300 1,150   1,150
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
50 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
111 0   111
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,461 1,150   1,261
25 Contributions, gifts, grants paid....... 372,185 372,185
26 Total expenses and disbursements. Add lines 24 and 25 ................ 374,646 1,150   373,446
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -210,052
b Net investment income (if negative, enter -0-) 128,856
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......... 111,991 41,346 41,346
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) 473,712 Click to see attachment
List of Attached Documents:
// Content
286,302 		286,302
b Investments—corporate stock (attach schedule)....... 99,823 Click to see attachment
List of Attached Documents:
// Content
149,926 		200,682
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) 685,526 477,574 528,330
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........... 685,526 477,574
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)..... 685,526 477,574
30 Total liabilities and net assets/fund balances (see instructions). 685,526 477,574
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
685,526
2
Enter amount from Part I, line 27a .....................
2
-210,052
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
5,550
4
Add lines 1, 2, and 3 ..........................
4
481,024
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
3,450
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
477,574
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 D    
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 143,639   32,287 111,352
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       111,352
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 2 111,352
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 1,791
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 1,791
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 1,791
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 2,913
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 2,913
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 1,122
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax1,122 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 addressN/A
14
The books are in care ofBrian Ballute Telephone no. (207) 284-4591

Located atPO Box 557SacoME ZIP+404072
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
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Daryl J Cady Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
Morris L Fisher Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
James Godbout Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
Robert C Quentin Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
Eric A Purvis Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
Kevin P Savage Director
0.10 		0 0 0
50 Industrial Park Road
Saco,ME04072
Susan B Hadiaris Chair
0.50 		0 0 0
50 Industrial Park Road
Saco,ME04072
Mark H Jones President
0.50 		0 0 0
50 Industrial Park Road
Saco,ME04072
Katrina Desjardins Vice President
0.50 		0 0 0
50 Industrial Park Road
Saco,ME04072
Stephanie Paquet Vice President
0.50 		0 0 0
50 Industrial Park Road
Saco,ME04072
Tammy Tracy Vice President
0.50 		0 0 0
50 Industrial Park Road
Saco,ME04072
Brian T Ballute Secretary/Treasurer
2.00 		0 0 0
50 Industrial Park Road
Saco,ME04072
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 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
545,435
b
Average of monthly cash balances.......................
1b
65,670
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
611,105
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
611,105
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
9,167
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
601,938
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
30,097
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
30,097
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
1,791
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,791
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
28,306
4
Recoveries of amounts treated as qualifying distributions................
4
5,300
5
Add lines 3 and 4............................
5
33,606
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
33,606
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
373,446
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
373,446
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 33,606
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...... 405,144
b From 2021...... 400,471
c From 2022...... 446,431
d From 2023...... 406,361
e From 2024...... 302,517
f Total of lines 3a through e ........ 1,960,924
4Qualifying distributions for 2025 from Part
XI, line 4: $ 373,446
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..... 33,606
e Remaining amount distributed out of corpus 339,840
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 2,300,764
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) ... 		405,144
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		1,895,620
10 Analysis of line 9:
a Excess from 2021 .... 400,471
b Excess from 2022 .... 446,431
c Excess from 2023 .... 406,361
d Excess from 2024 .... 302,517
e Excess from 2025 .... 339,840
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:
Brian Ballute
50 Industrial Park Road
Saco,ME04072
(207) 284-4591
bThe form in which applications should be submitted and information and materials they should include:
Amount requested; proof of 501(c)(3) status; and statement of intended use.
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Must be a 501(c)(3) organization and a qualifying public charity. Application must describe persons/communities served.
Form 990-PF (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

Age Friendly Saco

75 Franklin Street
Saco,ME04072 		N/A   General Operating Support 950

Aid For Saco Kids

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

Alzheimer's Disease and Related Disorders Association Inc

225 N Michigan Avenue 17th Floor
Chicago,IL606017633 		N/A   Alzheimer's Association, Maine Chapter 1,500

American Heart Association Inc

7272 Greenville Avenue
Dallas,TX75231 		N/A   American Heart Association, Maine Chapter 1,700

American Lung Association

55 West Wacker Drive 1150
Chicago,IL60601 		N/A   American Lung Association, Maine Chapter 250

American Youth Football Inc

PO Box 1473
Westbrook,ME04092 		N/A   Westbrook Youth Football 500

Animal Refuge League of Greater Portland

PO Box 336
Westbrook,ME04098 		N/A   General Operating Support 1,200

Animal Welfare Society

PO Box 43
West Kennebunk,ME040940043 		N/A   General Operating Support 200

Apex Youth Connection

45 Granite Street
Biddeford,ME040053657 		N/A   General Operating Support 1,800

Arundel Historical Society

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

Autism Society of Maine

72B Main Street
Winthrop,ME04364 		N/A   General Operating Support 500

Best Buddies International Inc

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

Biddeford Food Pantry

162 Elm Street
Biddeford,ME04005 		N/A   General Operating Support 7,450

Biddeford Little League

PO Box 485
Biddeford,ME04005 		N/A   $750 Little League; $500 Softball 1,250

Biddeford Wrestling Foundation

PO Box 2236
Biddeford,ME04005 		N/A   General Operating Support 250

Biddeford Youth Hockey Association

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

Biddeford Youth Lacrosse

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

Big Brothers Big Sisters of Southern Maine

PO Box 1237
Westbrook,ME04098 		N/A   General Operating Support 5,000

Bon Appetit Community Meal Program

PO Box 1091
Biddeford,ME040051091 		N/A   General Operating Support 4,000

Bonny Eagle Soccer Club

16 Moody Road
Standish,ME04084 		N/A   General Operating Support 250

Boys & Girls Clubs of Southern Maine

277 Cumberland Avenue
Portland,ME041014919 		N/A   General Operating Support 1,000

Brendan Horton Memorial Scholarship

PO Box 146
Scarborough,ME04070 		N/A   General Operating Support 175

Brick Store Museum

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

Camp Kita Inc

PO Box 238
North Berwick,ME03906 		N/A   General Operating Support 1,500

Camp Laughing Loon

PO Box 201
East Waterboro,ME04030 		N/A   General Operating Support 500

Cape Elizabeth Robotics Boosters

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

Caring Unlimited

PO Box 950
Sanford,ME04073 		N/A   General Operating Support 5,000

Casco Bay Bluefin Bonanza

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

Casco Bay Hockey Association

PO Box 6025
Falmouth,ME04105 		N/A   General Operating Support 200

Catholic Charities Maine

PO Box 10660
Portland,ME04104 		N/A   General Operating Support 200

Center for Grieving Children

555 Forest Avenue
Portland,ME041011504 		N/A   General Operating Support 10,000

Children's Museum and Theatre of Maine

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

City Theater Associates Inc

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

Dana Farber Cancer Institute

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

Day One

525 Main Street
South Portland,ME041065462 		N/A   General Operating Support 250

Dempsey Centers for Quality Cancer Care

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

Downtown Westbrook Coalition

752 Main Street
Westbrook,ME040923417 		N/A   General Operating Support 500

Dyer Library Association

371 Main Street
Saco,ME040721520 		N/A   General Operating Support 2,500

Eastern Trail Alliance

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

Ecology Education Inc

184 Simpson Road
Saco,ME040729514 		N/A   General Operating Support 2,200

Ferry Beach Park Association

5 Morris Avenue
Saco,ME04072 		N/A   General Operating Support 2,500

First Congregational Church of Scarborough

167 Black Point Road
Scarborough,ME04074 		N/A   General Operating Support 3,000

First Congregational Church of South Portland

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

Foundation for Portland Public Schools

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

Frannie Peabody Center

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

Friends of the Walker Memorial Library

800 Main Street
Westbrook,ME04092 		N/A   General Operating Support 100

Friendship House Inc

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

Furniture Friends

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

Gary Sinise Foundation

2555 Meridian Boulevard Suite 300
Franklin,TN37067 		N/A   General Operating Support 200

Girl Scouts of Maine

138 Gannett Drive
South Portland,ME041066938 		N/A   General Operating Support 3,900

Good Shepherd Food Bank

3121 Hotel Road
Auburn,ME042108398 		N/A   General Operating Support 5,200

Gorham Youth Soccer Association

PO Box 526
Gorham,ME04038 		N/A   General Operating Support 250

Grahamtastic Connection

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

Greater Portland Landmarks Inc

511 Congress Street
Portland,ME04101 		N/A   General Operating Support 500

Gulf of Maine Research Institute

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

Habitat for Humanity York County

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

Heart of Biddeford

205 Main Street Suite 103
Biddeford,ME040052414 		N/A   General Operating Support 7,000

Homeworks

PO Box 2351
Augusta,ME043382351 		N/A   General Operating Support 2,000

Hospice of Southern Maine

390 US Route 1
Scarborough,ME040749772 		N/A   General Operating Support 16,400

In Her Presence

4 Milk Street
Portland,ME04101 		N/A   General Operating Support 1,000

Irene Chadbourne Ecumenical Food Pantry

513 Main Street
Calais,ME04619 		N/A   General Operating Support 200

Jumpstart Coalition for Personal Financial Literacy

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

Junior Achievement of Maine Inc

565 Congress Street Suite 306
Portland,ME041018301 		N/A   General Operating Support 5,700

Kennebunk Land Trust

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

Ketcha Outdoors

336 Black Point Road
Scarborough,ME04074 		N/A   General Operating Support 500

Kids First Center

51 US Route 1 Suite S
Scarborough,ME040747134 		N/A   General Operating Support 2,700

Kids Free to Grow

3 Webhannet Place
Kennebunk,ME04043 		N/A   General Operating Support 2,600

La Kermesse

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

LaDawn Quarter Horses Therapeutic Riding Center

PO Box 558
West Kennebunk,ME04094 		N/A   General Operating Support 500

Lives In The Balance

15 Main Street
Freeport,ME04032 		N/A   General Operating Support 1,000

Locker Project

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

LYMETV

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

Lyric Music Theatre

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

Maine Audubon

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

Maine Brain Aneurysm Awareness Committee

799 Wings Mills Road
Mount Vernon,ME04352 		N/A   General Operating Support 250

Maine Cancer Foundation

170 US Route 1 250
Falmouth,ME04105 		N/A   General Operating Support 5,500

Maine Children's Cancer Program

22 Bramhall Street
Portland,ME04104 		N/A   General Operating Support 200

Maine Crafts Association

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

Maine Federation of Farmers Markets

48 Hunter Road
Freeport,ME04032 		N/A   General Operating Support 250

Maine Foodscapes

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

Maine Future Business Leaders of America

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

Maine Resilience Building Network (dba Maine Youth Thriving)

PO Box 395
Gorham,ME04038 		N/A   General Operating Support 1,000

Maine Women's Conference Inc

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

Maine Youth Leadership

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

MaineHealth Behavioral Health

PO Box 1521
Portland,ME04104 		N/A   General Operating Support 4,750

MaineHealth

22 Bramhall Street
Portland,ME041023134 		N/A   $3,400 Barbara Bush Children's Hosptial; $6,250 MaineHealth 9,650

Make-A-Wish Foundation of Maine

66 Mussey Road
Scarborough,ME040748921 		N/A   General Operating Support 5,250

MAPS Scholarship Foundation

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

Massabesic United Soccer Club

PO Box 377
Waterboro,ME04087 		N/A   General Operating Support 250

Mildred L Day School PTO

600 Limerick Road
Arundel,ME04046 		N/A   General Operating Support 250

My Place Teen Center Inc

755 Main Street
Westbrook,ME040923416 		N/A   General Operating Support 4,000

New England Parkinson's Ride

PO Box 1124
Merrimack,NH030541124 		N/A   General Operating Support 600

New Life Church

551 Alfred Road
Biddeford,ME04005 		N/A   General Operating Support 100

Northern Light Health Foundation

43 Whiting Hill Road
Brewer,ME04412 		N/A   General Operating Support 2,000

Ocean Park Association

PO Box 7296
Ocean Park,ME040637296 		N/A   General Operating Support 3,750

Old Orchard Beach Food Pantry

155 Saco Avenue
Old Orchard Beach,ME04064 		N/A   General Operating Support 2,500

Old Orchard Beach United Methodist Church

6 Fountain Avenue
Old Orchard Beach,ME04064 		N/A   General Operating Support 3,000

Olympia Snowe Women's Leadership Institute

1 Canal Plaza Suite 501
Portland,ME041014083 		N/A   General Operating Support 2,000

Our Place Portland Inc

8 Thurston Lane
Scarborough,ME04074 		N/A   General Operating Support 1,000

Portland Boxing Club

PO Box 644
Portland,ME04104 		N/A   General Operating Support 200

Portland Firefighters Burn Foundation

380 Congress Street
Portland,ME04101 		N/A   General Operating Support 200

Portland Museum of Art

7 Congress Square
Portland,ME04101 		N/A   General Operating Support 750

Portland Ovations

120 Exchange Street
Portland,ME04101 		N/A   General Operating Support 1,500

Portland Theater Festival

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

Portland Trails

38 Diamond Street
Portland,ME04101 		N/A   General Operating Support 500

Portland Youth Dance

517 Forest Avenue
Portland,ME04101 		N/A   General Operating Support 250

Preble Street

55 Portland Street
Portland,ME04101 		N/A   General Operating Support 2,000

Project Feed

202 Woodford Street
Portland,ME041035602 		N/A   General Operating Support 1,000

Project Grace

PO Box 6846
Scarborough,ME04070 		N/A   General Operating Support 3,200

Riverview Foundation

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

Robbie Foundation

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

Ronald McDonald House Charities Inc

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

Saco Bay Lacrosse Club

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

Saco Bay Trails

PO Box 720
Saco,ME04072 		N/A   General Operating Support 500

Saco Food Pantry Inc

67 Ocean Park Road
Saco,ME04072 		N/A   $2,500 Open Hands Open Heart; $12,500 Food Pantry 15,000

Saco Little League

PO Box 285
Saco,ME04072 		N/A   General Operating Support 1,200

Saco Main Street

PO Box 336
Saco,ME040720336 		N/A   General Operating Support 6,600

Saco River Theatre

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

Sanford Mainers Inc

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

Scarborough Economic Development Corporation

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

Scarborough Kiwanis Charitable Foundation

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

Scarborough Land Conservation Trust

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

School Around Us

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

Seagull Foundation

40 East Emerson Cummings Boulevard
Old Orchard Beach,ME04064 		N/A   General Operating Support 5,000

Seashore Trolley Museum

PO Box A
Kennebunkport,ME04046 		N/A   General Operating Support 600

Seeds of Hope Neighborhood Center

35 South Street
Biddeford,ME040052473 		N/A   General Operating Support 5,450

Shalom House

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

Shutterbugs 4 Charity

488 Ferry Road
Saco,ME040722216 		N/A   General Operating Support 3,750

SoPo Hoops

132 Elderberry Drive
South Portland,ME04106 		N/A   General Operating Support 250

South Portland American Little League

PO Box 2205
South Portland,ME04106 		N/A   General Operating Support 850

South Portland Cape Elizabeth Rotary Charitable Fund

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

South Portland Food Cupboard

130 Thadeus Street
South Portland,ME041066249 		N/A   General Operating Support 4,250

South Portland Historical Society

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

Southern Maine Agency on Aging

30 Barra Road
Biddeford,ME040059459 		N/A   General Operating Support 3,500

Southern Maine Community College

2 Fort Road
South Portland,ME04106 		N/A   Department of Athletics 250

Special Olympics Maine

525 Main Street 5
South Portland,ME04106 		N/A   General Operating Support 200

Spurwink

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

St Andre Home

PO Box 2373
Bangor,ME04402 		N/A   Courage LIVES 300

St James Catholic School

25 Graham Street
Biddeford,ME04005 		N/A   General Operating Support 250

STRIVE

39 Darling Avenue
South Portland,ME04106 		N/A   General Operating Support 1,950

The Dream Factory Inc

7400 New La Grange Road
Louisville,KY40222 		N/A   Dream Factory of Maine 500

The Family Restored

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

The Iris Network

189 Park Avenue
Portland,ME04102 		N/A   General Operating Support 500

The LifeFlight Foundation

PO Box 859
Augusta,ME04332 		N/A   General Operating Support 200

The Opportunity Alliance

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

The Salvation Army National Corporation

615 Slaters Lane
Alexandria,VA22314 		N/A   Salvation Army Old Orchard Beach 8,200

The Thomas Behen Fund

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

Thornton Academy Hockey Boosters Association

PO Box 864
Saco,ME040720864 		N/A   General Operating Support 500

Thornton Academy

438 Main Street
Saco,ME040721565 		N/A   General Operating Support 11,760

Trinity Episcopal Church

580 Forest Avenue
Portland,ME04101 		N/A   General Operating Support 200

Union Church

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

United Way of Southern Maine

550 Forest Avenue 100
Portland,ME04101 		N/A   General Operating Support 50,200

University of Southern Maine

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

Vouchers for Veterans

119 Chamberlain Street
Rochester,NH03867 		N/A   General Operating Support 250

Wardwell Home for Aging

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

Warrior Legacy Foundation

PO Box 1797
Saco,ME04072 		N/A   Wounded Heroes Program of Maine 500

Waypoint Maine Inc

5 Dunaway Drive
Sanford,ME04073 		N/A   General Operating Support 250

Wayside Food Programs

PO Box 1278
Portland,ME041041278 		N/A   General Operating Support 1,600

Westbrook Community Food & Resource Center

426 Bridge Street
Westbrook,ME04092 		N/A   Westbrook Food Pantry 3,600

Westbrook Historical Society

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

Westbrook Little League

429 Bridge Street
Westbrook,ME04092 		N/A   General Operating Support 550

Westbrook Paper City Hoops

34 Cardinal Way
Westbrook,ME04098 		N/A   General Operating Support 500

Westbrook Strong

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

Westbrook Warren Congregational Church

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

York County Community Action Corp

6 Spruce Street
Sanford,ME040732917 		N/A   General Operating Support 450

York County Community College Foundation

PO Box 529
Wells,ME040900529 		N/A   General Operating Support 600

York County Elder Abuse Task Force

4 Summer Street
Kennebunk,ME04043 		N/A   General Operating Support 1,000

Youth Full Maine

PO Box 745
Biddeford,ME040050745 		N/A   General Operating Support 250
Total ................................. 3a 372,185
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 16,567  
4 Dividends and interest from securities ....     14 2,087  
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 -3,923  
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 14,731 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
14,731
(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
Saco & Biddeford Savings
Charitable Foundation
Employer identification number

01-0516587
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
Saco & Biddeford Savings
Charitable Foundation 		Employer identification number
01-0516587
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
Saco & Biddeford Savings Bank
 
50 Industrial Park Road
 
Saco, ME04072

$ 149,863


(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
Saco & Biddeford Savings
Charitable Foundation 		Employer identification number

01-0516587
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Publicly Traded Securities $ 147,563 2025-10-29
(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
Saco & Biddeford Savings
Charitable Foundation 		Employer identification number

01-0516587
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:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax preparation fees 2,300 1,150   1,150

TY 2025 InvestmentsCorpStockSchedule
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Name of Stock End of Year Book Value End of Year Fair Market Value
320 shares VOO 149,926 200,682

TY 2025 InvestmentsGovtObligationsSch
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
US Government Securities - End of Year Book Value:

286,302
US Government Securities - End of Year Fair Market Value:

286,302
State & Local Government Securities - End of Year Book Value:


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


0


TY 2025 OtherDecreasesSchedule
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Description Amount
Grants inadvertently paid to non-charitable entities 3,450


TY 2025 OtherExpensesSchedule
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Filing fees 50 0   50
Office expenses 61 0   61


TY 2025 OtherIncreasesSchedule
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Description Amount
Recoveries of prior year charitable distributions 5,300
Recoveries of prior year non-charitable distributions 250


TY 2025 TaxesSchedule
Name:
Saco & Biddeford Savings
 
Charitable Foundation
EIN:
01-0516587
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise taxes 50 0   0