- Ram Island Home & Grounds
- Ram Island Farm
- Scarborough Beach State Park
- Sprague Foundation
- Black Point Capital Management
Black Point Corporation is a privately owned entity of the heirs of P. Shaw Sprague who use it to manage their common interests. The primary tie that binds the 3rd, 4th and 5th generation of the family is its ownership of properties in Cape Elizabeth and Scarborough, Maine assembled by Phineas W. Sprague in the early years of the twentieth century.
P.W. Sprague, a native of Malden, Massachusetts, was a successful coal and oil businessman, developing C.H. Sprague & Son which his father had started. He was attracted to Maine by both his business interests and his passion for the outdoors. He was an early participant in the creation of the Prouts Neck summer community and began to assemble various farmsteads in Scarborough and nearby Cape Elizabeth into an estate that totaled over 2,000 acres. He engaged in various farming, horticultural and sporting pursuits. His interest in conserving and preserving these properties for the benefit of his descendants led him to place the properties within The Sprague Corporation which he formed in 1920 to hold and manage the properties in perpetuity. The mission of the family and Black Point Corporation, which is the owner of The Sprague Corporation, is to continue to fulfill the original vision of P. W. as passed down to us from by his son P. Shaw.
While many of our activities are of concern only to our family, we do have a certain public presence. Our intention with this site is to provide information about these public activities that might be generally useful.
Entities associated with Black Point Corporation, The Sprague Corporation and the family that are described on this site include, Ram Island Farm, Ram Island Home & Grounds, Black Point Capital Management, Black Point Resource Management LLC (dba Scarborough Beach State Park ), Spurwink Farm and The Phineas W. Sprague Memorial Foundation.
Ram Island Farm is the name that we use to describe the collective properties of The Sprague Corporation. Our conservation, agricultural and property management activities are run through the Ram Island Farm office in Cape Elizabeth.
Ram Island Home & Grounds, a division of The Sprague Corporation, has been offering residential landscaping, lawn care and property services from our Cape Elizabeth location since 1999.
Black Point Capital Management is our registered investment advisory firm that has been managing invested assets for the family and related entities since 2000. We expect to announce plans to make this service available to select non-family investors later in 2010.
Black Point Resource Management LLC was formed to manage Scarborough Beach State Park for the State of Maine upon the sale of Sprague Corporation land to the State as part of the park in 1999. We have been managing the park for the state since 1993.
Spurwink Farm operates a horse boarding operation that has space for 44 horses and provides some of the most extensive and beautiful bridal paths in the state over an area encompassing almost 400 acres of the property.
The Phineas W. Sprague Memorial Foundation is managed by the family and makes grants to area charitable institutions.