Program areas at Maine Community Foundation
Grantmaking. Maine Community Foundation (MaineCF, the Foundation) envisions a Maine that is a vibrant and equitable place where people and communities thrive. MaineCF strives to achieve this vision throughout all of its programs and services. MaineCF partners with donors to accomplish their philanthropic goals in Maine by connecting them and their resources to opportunities in nonprofits, investments, and partnerships that strive to build a better Maine. The Foundation also works with nonprofit organizations, communities, and government and private sector leaders to address the significant issues that are important to people in Maine. (Continued on Schedule O)Specifically, MaineCF holds more than 450 donor advised funds, 700+ scholarships, nearly 300 funds invested on behalf of nonprofits, and 19 competitive grant programs all with the goal of meeting our vision of a vibrant and equitable Maine.In 2023, the Foundation provided more than $58 million in grants supporting organizations to address several charitable initiatives including, but not limited to, climate, housing, economic opportunity, and equity. The $58 million in grants awarded in 2023 includes $3 million in scholarships awarded to over 1,300 recipients for professional development, and undergraduate and graduate studies. It also included 200 grants totaling $1.67 million from the Maine Community Foundation Community Building program, which engages communities across Maine to provide resources to nonprofits from the Foundation's endowed county funds. Furthermore, grants given directly from donor advised funds through MaineCF's Giving Together program added 72 more grants and $533,263 to MaineCF's largest single competitive grant program.
Grants made by Maine Community Foundation
Who funds Maine Community Foundation
Grants from foundations and other nonprofits
Personnel at Maine Community Foundation
Name | Title | Compensation | Date of data |
---|
Deborah Ellwood | President and Chief Executive Officer | $303,244 | 2024-11-04 |
Sterling Speirn | President and Chief Executive Officer and | $82,707 | 2022-12-31 |
Brendon Reay | Vice President for Investment and Chief Investment Officer | $199,671 | 2024-09-21 |
Michele Camarco | Vice President , Chief Financial Officer | $202,322 | 2024-09-21 |
Laura K. Lee | Vice President of Community Impact | $126,404 | 2024-09-21 |
...and 30 more key personnel |
Financials for Maine Community Foundation
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $50,992,416 | $39,153,234 | 30.2% |
Program services | $1,141,200 | $1,126,365 | 1.3% |
Investment income and dividends | $5,418,571 | $2,464,178 | 119.9% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $51,118,191 | $9,622,092 | 431.3% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $108,670,378 | $52,365,869 | 107.5% |
Organizations like Maine Community Foundation
Organization | Type | Location | Revenue |
---|
San Antonio Area Foundation | 501(c)(3) | San Antonio, TX | $67,776,278 |
The Rhode Island Foundation | 501(c)(3) | Providence, RI | $87,701,485 |
The Boston Foundation (TBF) | 501(c)(3) | Boston, MA | $161,296,905 |
Arkansas Community Foundation | 501(c)(3) | Little Rock, AR | $94,928,038 |
Philadelphia Foundation (PF) | 501(c)(3) | Philadelphia, PA | $57,345,521 |
The Community Foundation | 501(c)(3) | Richmond, VA | $119,331,194 |
Arizona Community Foundation | 501(c)(3) | Phoenix, AZ | $122,702,351 |
New Hampshire Charitable Foundation | 501(c)(3) | Concord, NH | $93,727,028 |
The Pittsburgh Foundation | 501(c)(3) | Pittsburgh, PA | $80,275,888 |
Coastal Community Foundation | 501(c)(3) | N Charleston, SC | $58,989,034 |
Data update history
January 5, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 4, 2025
Used new vendors
Identified 1 new vendor, including
September 21, 2024
Updated personnel
Identified 14 new personnel
August 25, 2024
Received grants
Identified 35 new grant, including a grant for $4,872,500 from The Mimi Foundation Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
EducationCommunity improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
- Address
- 245 Main St
- Ellsworth, ME 04605
- County
- Hancock County, ME
- Website URL
- mainecf.org/Â
- Phone
- (207) 667-9735
- Facebook page
- mainecfÂ
- Twitter profile
- @mainecfÂ
IRS details
- EIN
- 01-0391479
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1983
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T31: Community Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Central organization
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current - Awaiting Reporting
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0282753
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2025-01-15
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