Franklin Savings Bank Community

FARMINGTON, ME EIN: 31-1719226

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$4.2M

+6.5% YoY

Annual Giving

$408K

-16.5% YoY

Grant Count

135

-3.6% YoY

Avg Grant Size

$3K

-13.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$183K$367K$550K$734K20202021202220232024
Metric202420232022
Total Assets$4,182,943$3,929,337$3,795,441
Revenue$667,168$625,626$565,356
Expenses$414,012$491,730$240,481
Qualifying Distributions$409,087$489,680$238,954
Net Investment Income$163,189$121,216$57,566
Distributable Amount$189,028$182,709$168,343

Giving Over Time

Total grant dollars and number of grants per year

$0$122K$244K$366K$488K66 grants202067 grants202179 grants2022140 grants2023135 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Black Mountain of Maine$29KAvesta Housing Developme…$25KHeart of Ellsworth$16KMain Street Skowhegan$12KGreater Franklin Develop…$12KHigh Peaks Alliance$11KBay School$10KPine Tree Society for Ha…$10KUnited Way of the Tri-Va…$10KMaineGeneral Health$10K

Grant Size Distribution

487 grants across all recorded years

485<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Franklin Savings Bank Community fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Bradford S AdleyDirector1
Robert L Berry IIIDirector1
James L EastlackDirector1
Richard H SmithDirector1
James M Witt IVDirector1
Katherine W YardleyDirector1
Peter L JudkinsChairperson1
Timothy J ThompsonPresident1
Pamala J DixonTreasurer and Secretary1
Dylan SmithAssistant Treasurer1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

8states

Cities

ActonAndoverAnsonAthensAuburnAugustaAvonBathBelfastBethelBethesdaBinghamBlue HillBridgtonBrooksvilleBrunswickCamdenCanaanCantonCarabassett Valley

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

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