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Nonprofit · EIN 01-0421806

THE BILL AND JOAN ALFOND FOUNDATION

Tax-exempt · PORTLAND, ME 04101

Financials

$5.1M$3.3M2023$4.5M$4.2M2024
Revenue Expenses · by fiscal year end
Financials of THE BILL AND JOAN ALFOND FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,457,734$4,220,875$236,859$31,178,456$0$31,178,456
December 31, 2023990-PF$5,096,551$3,288,466$1,808,085$30,941,597$0$30,941,597
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$50
Dividends
$345,628
Interest
$515,588
Net gain from sales of assets
$3,483,882
Other income
$112,586

Expenses

Grants and similar amounts paid
$3,440,607
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$3,642,366
Excise tax on investment income
$37,186

Balance sheet and other

Total assets, start of year
$30,941,597
Total assets, end of year
$31,178,456
Total liabilities, end of year
$0
Net assets, end of year
$31,178,456
Fair market value of assets
$81,238,207
Qualifying distributions
$3,642,366
Net investment income
$3,106,093

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOAN ALFOND
TWO MONUMENT SQUARE, PORTLAND, ME 04101
VICE PRESIDENT, DIRECTOR7.5$0
GREGORY POWELL SEE GENERAL EXPLANTN
TWO MONUMENT SQUARE, PORTLAND, ME 04101
TREASURER1.5$0
WILLIAM ALFOND
TWO MONUMENT SQUARE, PORTLAND, ME 04101
PRESIDENT, DIRECTOR12.5$0
KENDEN ALFOND
TWO MONUMENT SQUARE, PORTLAND, ME 04101
DIRECTOR1$0
JUSTIN ALFOND
TWO MONUMENT SQUARE, PORTLAND, ME 04101
DIRECTOR1$0
REIS ALFOND
TWO MONUMENT SQUARE, PORTLAND, ME 04101
DIRECTOR1$0
ELIZABETH MENARD SEE GENRL EXPLANTN
TWO MONUMENT SQUARE, PORTLAND, ME 04101
SECRETARY1.5$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
JOAN ALFOND
14 OTIS PLACE, BOSTON, MA 02108
VICE PRES, TREAS, DIRECTOR7.5$0
GREGORY POWELL SEE GENERAL EXPLANTN
TWO MONUMENT SQUARE, PORTLAND, ME 04101
SECRETARY1.5$0
WILLIAM ALFOND
14 OTIS PLACE, BOSTON, MA 02108
PRESIDENT, DIRECTOR12.5$0
KENDEN ALFOND
TWO MONUMENT SQUARE, PORTLAND, ME 04101
DIRECTOR1$0
JUSTIN ALFOND
TWO MONUMENT SQUARE, PORTLAND, ME 04101
DIRECTOR1$0
REIS ALFOND
925 PARK AVENUE APT 9/10B, NEW YORK, NY 10028
DIRECTOR1$0

Address and contacts

Address (IRS master file)
CO DEXTER ENTRPS TWO MONUMENT SQ, PORTLAND, ME 04101-0000
In care of
% DEXTER ENTRPS
Signed the 990-PF
GREGORY POWELL, CORPORATE OFFICER
Phone
(207) 828-7999
Return prepared by
ALBIN RANDALL & BENNETT

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
01-0421806
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1987
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$31,178,456
Income (IRS master file)
$4,525,187

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,457,734$4,220,875$31,178,456XML
990-TDecember 2024–––IRS
990-PFDecember 2023$5,096,551$3,288,466$30,941,597XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0421806).

Questions about THE BILL AND JOAN ALFOND FOUNDATION

What is the EIN of THE BILL AND JOAN ALFOND FOUNDATION?
The employer identification number (EIN) of THE BILL AND JOAN ALFOND FOUNDATION is 01-0421806.
Is THE BILL AND JOAN ALFOND FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to THE BILL AND JOAN ALFOND FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE BILL AND JOAN ALFOND FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE BILL AND JOAN ALFOND FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE BILL AND JOAN ALFOND FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE BILL AND JOAN ALFOND FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does THE BILL AND JOAN ALFOND FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,457,734, expenses of $4,220,875 and total assets of $31,178,456 at year end.

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