2024-07-10T14:56:34-04:00 2023-06-30 010522395 SMITH & ASSOCIATES CPAS 500 US ROUTE 1 STE 102 YARMOUTH ME 040966817 990 2022-07-01 010242095 ROBERT W TRAIP TRUST ROBE 2074393612 PO BOX 18 KITTERY ME 03904 JAY DURGIN PRESIDENT 2074390627 2024-07-08 JAY DURGIN 999009999 false AMANDA SCHULTZ BROWN CPA P00692494 2078468881 2024-07-08 2022 2023-04-26 12:10:37Z JAY DURGIN 2 COOK STREET KITTERY ME 03904 152821 false X N/A X 1905 ME TO PROMOTE EDUCATION IN THE TOWN OF KITTERY 8 8 0 8 0 0 0 110869 151416 3000 1405 113869 152821 80600 88166 0 0 0 0 7142 5738 87742 93904 26127 58917 8299461 9612091 537864 626654 7761597 8985437 TO PROMOTE EDUCATION IN THE TOWN OF KITTERY false false 88526 88166 TO PURCHASE AND MAINTAIN SCHOOL EQUIPMENT AND BOOKS,PROVIDE WATCH AND SCHOLARSHIP AWARDS AND TO PROMOTE EDUCATION AND CULTURAL PROGRAMS FOR THE STUDENTS OF THE TOWN OF KITTERY. 88526 true false false false false false false false false true false false false false true false true false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true false false false X JAY DURGIN 2074393612 2 COOK STREET KITTERY ME 03904 X BENJAMIN BRIGGS TRUSTEE 0.00 X 0 0 0 JAY DURGIN PRESIDENT 2.00 X X 0 0 0 DEBRA HARTMAN TRUSTEE 0.00 X 0 0 0 DANIEL O SEAWARD JR TREASURER 2.00 X X 0 0 0 ERIC LEMONT TRUSTEE 0.00 X 0 0 0 TAMMY HOYT MELCHER SECRETARY 0.50 X X 0 0 0 BLANE SILLSBY TRUSTEE 0.00 X 0 0 0 BRET TAYLOR TRUSTEE 0.00 X 0 0 0 false false false 151416 151416 UNSPENT SCHOLARSHIP RETURNED 900099 1405 1405 1405 152821 152821 16869 16869 71297 71297 2400 240 2160 1205 120 1085 2133 2133 93904 88526 5378 0 76516 115350 964 964 8221981 9495777 8299461 9612091 537864 626654 537864 626654 X 4426173 5137807 3335424 3847630 7761597 8985437 8299461 9612091 X 58917 1164923 -10500 10500 X false true X true false X X X 1 TOWN OF KITTERY MAINE SCHOOL DEPARTMENT TOWN OF KITTERY MAINE SCHOOL DEPARTMENT 010377943 6 true 88166 0 1 88166 0 true false false false false false false false false false false false false false false true false true X PART IV, SECTION D, LINE 2 THE ROBERT W. TRAIP TRUST MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE CITIZENS AND PUBLIC OFFICIALS OF THE TOWN OF KITTERY. AS A RESULT OF THIS RELATIONSHIP THE TOWN OF KITTERY, BOTH THROUGH ITS CITIZENS AND ITS PUBLIC OFFICIALS, ALWAYS HAS A SIGNIFICANT VOICE IN THE INVESTMENT POLICIES OF THE ORGANIZATION, IN THE TIMING OF GRANTS, THE MANNER OF MAKING THEM, THE SELECTION OF RECIPIENTS OR PROJECTS TO BE SUPPORTED, AND IN OTHERWISE DIRECTING THE USE OF THE INCOME AND ASSETS OF THE ROBERT W. TRAIP TRUST AS A SUPPORTING ORGANIZATION. PART IV, SECTION D, LINE 3 AS DESCRIBED IN LINE 2, THE TOWN OF KITTERY HAS A SIGNIFICANT VOICE IN THE ORGANIZATION'S INVESTMENT POLICIES AND IN DIRECTING THE USE OF THE ORGANIZATION'S INCOME OR ASSETS AT ALL TIMES. PART IV, SECTION E, LINE 1C THE ROBERT W. TRAIP TRUST PERFORMS SIGNIFICANT FUNCTIONS IN THE AREA OF EDUCATION WHICH WOULD NORMALLY BE PERFORMED BY THE TOWN OF KITTERY, MAINE'S SCHOOL DEPARTMENT ITSELF. THESE PROJECTS INCLUDE THE FUNDING OF LIBRARY FACILITIES, MULTI-MEDIA CENTERS, ATHLETIC FACILITIES, COMPUTER SERVICES AND RELATED EQUIPMENT, MEDIA EQUIPMENT, FIELD TRIPS, CULTURAL ENRICHMENT ACTIVITIES, EXTRA-CURRICULAR ACTIVITIES AT THE SCHOOL, ETC. SINCE MOST OF THESE PAYMENTS ARE SPECIFICALLY EARMARKED FOR PARTICULAR PROJECTS, R.W. TRAIP TRUST MAINTAINS THAT IT CLEARLY MEETS THE INTEGRAL PART TEST. R.W. TRAIP TRUST ALSO FUNDS SECONDARY EDUCATION SCHOLARSHIPS SPECIFICALLY FOR THE TOWN OF KITTERY SCHOOL DEPARTMENT GRADUATES. 7679512 1405 1316338 88166 5738 8903351 8645179 3000 -880676 80600 7391 7679512 6909173 3000 1838100 58886 38402 12280 8640705 6648563 11000 357726 58701 37897 10735 6909956 6041574 116874 706300 96327 93515 26343 6648563 0.56810 0.07830 0.35360 false false FUNDS HELD FOR OTHERS 626654 626654 1317744 1164923 1164923 152821 152821 83404 83404 10500 10500 93904 SCHEDULE D, PAGE 2, PART V, LINE 4 THE TRUST'S ENDOWMENT FUND IS COMPRISED OF DONOR-DESIGNATED AND BOARD- DESIGNATED FUNDS TO FUNCTION AS ENDOWMENT FUNDS. NET ASSETS CONSISTING OF THOSE FUNDS ARE CLASSIFIED AND REPORTED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE INCOME FROM THE FUNDS IS USED FOR DONOR SPECIFIED PURPOSES INCLUDING KITTERY STUDENT SCHOLARSHIPS AND CULTURE AND EDUCATION PURPOSES WITHIN THE KITTERY SCHOOL SYSTEM AND LIBRARY. OPERATING OVERHEAD OF THE FUND IS PROVIDED BY UNRESTRICTED EARNINGS. SCHEDULE D, PAGE 4, PART XII, LINE 4B GRANTS PAYABLE TIMING DIFFERENCE 10,500 true TOWN OF KITTERY MAINE SCHOOL DEPT 200 ROGERS ROAD KITTERY ME 03904 010377943 6 16869 SCHOOL EQUIPMENT 1 1-4 YR. EDUC. SCHOLARSHIP 27 70000 1297 SCHEDULE I, PAGE 1, PART I, LINE 2 SCHOLARSHIPS ISSUED TO INDIVIDUALS ARE DISTRIBUTED TO THE RECIPIENTS' SCHOOL UPON RECEIPT BY THE BOARD OF SATISFACTORY GRADE RECORDS. GRANTS AWARDED TO RICE PUBLIC LIBRARY AND/OR KITTERY SCHOOL DEPARTMENT ARE REIMBURSEMENT TYPE AWARDS. THE BOARD VOTES ON EXPENDITURES THEY ARE WILLING TO COVER THE SCHOOL THEN PURCHASES THE ITEMS AND IS REIMBURSED UPON RECEIPT OF INVOICE BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 11B THE TREASURER OF THE BOARD REVIEWS AND SIGNS THE RETURN PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL FULL DISCLOSURE, BY NOTICE IN WRITING, SHALL BE MADE BY THE INTERESTED PARTIES TO THE FULL BOARD OF DIRECTORS IN ALL CONFLICTS OF INTEREST. FOLLOWING FULL DISCLOSURE OF A POSSIBLE CONFLICT OF INTEREST, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, AND IF SO, THE BOARD SHALL VOTE TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT AND PROTECT THE TRUST'S BEST INTERESTS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 GRANTS PAYABLE TIMING DIFFERENCE 10,500