EIN 27-1567070

The Presumpscot Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
State
Year formed
2011
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Presumpscot Foundation is a private foundation located in Freeport, ME. Its primary focus is on funding organizational support, and it owns the rights to a book about halfway rock light station authored by Ford Reiche. Grantees include Maine Preservation, and the foundation made one grant last year.
Total revenues
$31,536
2022
Total expenses
$56,402
2022
Total assets
$1,460,051
2022
Num. employees
n/a

Program areas at The Presumpscot Foundation

The purposes of The Foundation are to acquire maintain and retain real property and related personal property in Maine for The purposes of protecting its natural scenic and open space values preserving open space for The benefit of The public and The environment and engage in historic preservation. In 2022 The primary project of The Foundation was to maintain halfway rock lighthouse. This lighthouse is perched midway across The mouth of casco bay on a barren ledge of two acres. It is a remote wave-swept beacon nearly inaccessible and totally exposed to The ravages of nature. Built in 1871 to guide mariners approaching portland harbor The lighthouse was staged until it was automated in 1976. Thereafter maintenance was limited to The bare essentials required to keep The light and foghorn functioning. It was declared surplus government property in 2014. Due to The lighthouse's tremendous historic significance The Foundation acquired and restored it.
The Foundation owns The rights to a book about halfway rock light station authored by ford reiche. This amount resulted from sales of The book during 2022.

Grants made by The Presumpscot Foundation

GranteeGrant descriptionAmount
Maine PreservationOrganizational Support$1,000

Personnel at The Presumpscot Foundation

NameTitleCompensation
Ford ReichePresident$0

Financials for The Presumpscot Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$31,000
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$536
Total revenues$31,536

Form 990s for The Presumpscot Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-09-10990PFView PDF
2019-122021-06-09990PFView PDF
2018-122020-01-24990PFView PDF
...and 8 more Form 990s
Data update history
May 21, 2023
Used new vendors
Identified 1 new vendor, including
March 30, 2022
Posted financials
Added Form 990PF for fiscal year 2020
October 18, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 24, 2021
Updated personnel
Identified 3 new personnel
May 22, 2020
Posted financials
Added Form 990PF for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
Arts, cultural, and humanitiesHistory
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
54 Bartol Island Rd
Freeport, ME 04032
Metro area
Portland-South Portland, ME
County
Cumberland County, ME
Phone
(207) 740-6099
IRS details
EIN
27-1567070
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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