Bangor Savings Bank Foundation

BANGOR, ME EIN: 04-3353896

Financial Overview

From 2025 IRS Form 990-PF

Total Assets

$7.0M

-5.0% YoY

Annual Giving

$1.2M

-7.7% YoY

Grant Count

156

+2.6% YoY

Avg Grant Size

$7K

-10.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$450K$899K$1M$2M20212022202320242025
Metric202520242023
Total Assets$6,977,862$7,343,235$7,711,353
Revenue$834,278$921,705$1,368,226
Expenses$1,199,651$1,289,823$1,406,888
Qualifying Distributions$1,152,625$1,248,063$1,356,440
Net Investment Income$466,942$304,945$133,132
Distributable Amount$472,653$458,709$440,088

Giving Over Time

Total grant dollars and number of grants per year

$0$339K$678K$1M$1M146 grants2021154 grants2022157 grants2023152 grants2024156 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Bangor Region YMCA$50KFriends of Katahdin Wood…$50KLifeFlight Foundation$50KMaine Public Broadcastin…$50KMaineHealth$50KNortheastern University$50KHeart of Maine United Way$42KAcadia Hospital Corp$40KAvesta Housing Developme…$30KGood Shepherd Food Bank$25K

Grant Size Distribution

765 grants across all recorded years

731<$50K30$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Bangor Savings Bank Foundation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
Kathryn L BarberDirector0.1
George F Eaton II EsqDirector0.1
Sari S GreeneDirector0.1
Susan C HammondDirector0.1
Laurie G LachanceDirector0.1
Scott A OxleyDirector0.1
Joyce Clark SarnackiDirector0.1
Robert S Montgomery-RicePresident0.2
Gena R CanningChair0.6
Vincent P VeroneauVice Chair0.1
Michael O'ConnorTreasurer0.6
Wendy DurrahVP/Secretary/Clerk2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

8states

Cities

AmericusAmherstAuburnAugustaBangorBar HarborBarlettBarreBathBealsBedfordBelfastBerlinBethelBiddefordBlue HillBoothbay HarborBostonBowdoinhamBradley

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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