2025-10-12T10:23:26-05:00 2025-06-30 393647910 WIPFLI ADVISORY LLC 30 LONG CREEK DRIVE SOUTH PORTLAND ME 041062437 990 2024-07-01 016014861 BRUNSWICK AREA STUDENT AID FUND BRUN 2077721981 PO BOX 867 BRUNSWICK ME 040110867 DAN DOIRON TREASURER 2077721981 2025-10-09 1 1 PATRICK NICHOLAS CPA P00289567 2077745701 2025-10-09 2024 2025-03-06 01:10:19Z MARIE WHITNEY PO BOX 867 BRUNSWICK ME 040110867 1110757 0 X WWW.STUDENTAIDFUND.ORG X 1956 ME TO AWARD POST-SECONDARY SCHOLARSHIPS TO WORTHY STUDENTS AND TO GIVE SUPPORT TO K-12 STUDENTS WHO MIGHT NEED EYEGLASSES, DENTAL CARE OR CLOTHING TO PARTICIPATE EFFECTIVELY IN SCHOOL. 19 19 0 19 0 0 621721 498086 0 0 176317 252884 0 0 798038 750970 519176 590635 0 0 0 0 0 0 0 13411 14593 532587 605228 265451 145742 7693258 8369320 0 0 7693258 8369320 TO AWARD POST-SECONDARY SCHOLARSHIPS TO WORTHY STUDENTS AND TO GIVE SUPPORT TO K-12 STUDENTS WHO MIGHT NEED EYEGLASSES, DENTAL CARE OR CLOTHING TO PARTICIPATE EFFECTIVELY IN SCHOOL. 0 0 590635 590635 0 SCHOLARSHIP AWARDS WERE GRANTED TO 169 STUDENTS TO ASSIST WITH THE COST OF POST-SECONDARY EDUCATION AND TO ENABLE SOME STUDENTS TO PURCHASE COMPUTERS. THE FUND ALSO ASSISTED APPROXIMATELY 16 K-12 STUDENTS WITH OVERCOMING CHALLENGES OF BEING A PRODUCTIVE STUDENT, WHICH INCLUDED ASSISTANCE WITH EYEGLASSES, CLOTHING, DOCTORS, DENTISTS AND OTHER NECESSITIES. 590635 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X X DAN DOIRON 2077721981 ALBIN RANDALL BENNETT 130 MIDDLE PORTLAND ME 04101 X MARIE WHITNEY PRESIDENT 2.00 X X 0 0 0 KAREN TILBOR VICE-PRESIDENT 2.00 X X 0 0 0 DAN DOIRON TREASURER 2.00 X X 0 0 0 JIM MOULTON SECRETARY 2.00 X X 0 0 0 DIANE COOK DIRECTOR 1.00 X 0 0 0 JENN BURNS GRAY DIRECTOR 1.00 X 0 0 0 G WILLIAM HIGBEE DIRECTOR 1.00 X 0 0 0 JOHN F LOYD JR DIRECTOR 1.00 X 0 0 0 DONALD KNISELEY DIRECTOR 1.00 X 0 0 0 CHRISTY MCALLASTER DIRECTOR 1.00 X 0 0 0 RITA MAINES DIRECTOR 1.00 X 0 0 0 LINDA MORRIS DIRECTOR 1.00 X 0 0 0 BRIAN E O'CONNOR DIRECTOR 1.00 X 0 0 0 JAMES PALLESCHI DIRECTOR 1.00 X 0 0 0 CURTIS PICARD DIRECTOR 1.00 X 0 0 0 CHRISTINA RING DIRECTOR 1.00 X 0 0 0 DORY STREETT DIRECTOR 1.00 X 0 0 0 J OTEY SMITH DIRECTOR 1.00 X 0 0 0 MICHELLE M WHITNEY DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 498086 498086 172805 172805 439866 359787 80079 80079 80079 750970 0 0 252884 590635 590635 6358 6358 5423 5423 1333 1333 1479 1479 605228 590635 14593 0 10626 26102 7682632 8343218 7693258 8369320 0 0 X 0 0 0 0 7693258 8369320 7693258 8369320 7693258 8369320 145742 530320 0 X 1 X 0 1 0 X 56551 104814 48793 75721 98085 383964 56551 104814 48793 75721 98085 383964 13722 370242 105489 106868 122513 155350 172805 663025 1046989 0.35360 0.34010 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: CASH RECEIVED DATE: 06/30/25 AMOUNT: 400000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7682632 172923 782663 295000 8343218 6814840 360368 770424 263000 7682632 6424587 93700 514553 218000 6814840 7153457 101228 -657098 173000 6424587 5676448 62308 1597701 183000 7153457 0.98000 0.01000 0.01000 0 0 0 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED TO GENERATE INVESTMENT RETURNS WHICH ARE SPENT IN THE FURTHERANCE OF THE ORGANIZATION'S MISSION AND EXEMPT PURPOSES. 1 SCHOLARSHIPS 166 585200 TECHNOLOGY AWARD GRANT 3 2768 STUDENT NEEDS GRADES K-12 16 2667 PART I, LINE 2: THE ORGANIZATION ENSURES SCHOLARSHIP GRANTS ARE USED FOR PROPER PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM THE INTENDED USE. THE ORGANIZATION MAKES SCHOLARSHIP GRANT CHECKS PAYABLE TO EDUCATIONAL INSTITUTIONS AND CONTROLS THE MAILING OF SCHOLARSHIP GRANT CHECKS DIRECTLY TO EDUCATIONAL INSTITUTIONS. A MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS, OTHER THAN THE TREASURER, ANNUALLY SELECTS A SAMPLE OF GRANT AWARDS AND DISBURSEMENTS. CERTAIN AGREED UPON PROCEDURES ARE PERFORMED ON THE SAMPLE TO ASCERTAIN THE PROPRIETY OF DISBURSEMENTS. FORM 990, PART VI, SECTION A, LINE 2 MICHELLE WHITNEY AND MARIE WHITNEY HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - A COMPLETE COPY OF FORM 990 IS INITIALLY REVIEWED BY THE TREASURER AND ANY NOTED CHANGES ARE MADE. A COMPLETE COPY OF FORM 990 IS THEN PROVIDED TO THE FUND'S FINANCE COMMITTEE, AND ANY NOTED CHANGES ARE MADE. FINALLY, A COMPLETE COPY OF FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY, AFTER WHICH THE TREASURER EXECUTES THE REQUIRED FORM FOR FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE FUND HAS ESTABLISHED A WRITTEN CONFLICT OF INTEREST POLICY. DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE ANY KNOWN POTENTIAL CONFLICTS OF INTEREST BY EXECUTION OF A CONFLICT OF INTEREST POLICY DOCUMENT. THE FUND MAINTAINS THE EXECUTED DOCUMENTS IN ITS FILES. THE BOARD OF DIRECTORS IS TO DISCUSS THE CONFLICT OF INTEREST POLICY NO LESS FREQUENTLY THAN ANNUALLY AT THE OCTOBER BOARD OF DIRECTORS MEETING. IN ORDER TO AVOID CONFLICTS OF INTEREST IN THE AWARDING OF SCHOLARSHIPS, THE ELIGIBILITY AND SELECTIONS PROCESS SHALL BE BLIND AND DESIGNED TO ELIMINATE THE OPPORTUNITY FOR A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY BOARD MEMBERS OR OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE IN RESPONSE TO SPECIFIC REQUESTS FROM THE PUBLIC.