Maine Initiativesinc

PORTLAND, ME EIN: 01-0484310 Website

MAINE INITIATIVES, A FUND FOR CHANGE, CULTIVATES SOCIAL, ECONOMIC, AND ENVIRONMENTAL JUSTICE THROUGH GRANTS AND OTHER SUPPORT TO GRASSROOTS ORGANIZATIONS IN MAINE COMMUNITIES.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$5.2M

+0.5% YoY

Annual Giving

$1.6M

+3.8% YoY

Grant Count

61

+45.2% YoY

Avg Grant Size

$27K

-28.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$5,176,132$5,149,067$4,414,537
Revenue$1,962,279$3,513,921$2,709,270
Expenses$3,893,392$3,593,377$2,902,420
Qualifying Distributions
Net Investment Income$70,830$67,049$45,353
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$405K$811K$1M$2M42 grants202033 grants202160 grants202242 grants202361 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PRESENTE MAINE$125KMAINE COMMUNITY INTEGRAT…$105KKHMER MAINE$85KMAINE IMMIGRANTS RIGHTS …$75KCAPITAL AREA NEW MAINERS…$55KIN HER PRESENCE$55KMAINE CONSERVATION ALLIA…$55KSOMALI BANTU COMMUNITY A…$55KRESOURCES FOR ORGANIZING &$51KNIWESKOK$50K

Grant Size Distribution

238 grants across all recorded years

208<$50K18$50–100K12$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Maine Initiativesinc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PHILIP WALSHEXECUTIVE DI$129K

From 2024 filing

NameTitleHoursCompensation
PHILIP WALSHEXECUTIVE DI40$129,436
JENNIFER CEIDETRUSTEE1.6
ANDREA FRANCISVICE PRESIDE2
JAKE GRINDLETRUSTEE1
LESLIE HILLTRUSTEE1.8
CARLA HUNTSECRETARY1.4
LAURESS LAWRENCEPRESIDENT1.7
KAEL PARKERTRUSTEE0.92
DAVID PATRICKTRUSTEE0.8
VICTORIA RODRIGUEZTRUSTEE1
GREG SAMPLETRUSTEE1
ELLEN SEIDMANTREASURER1.2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

4states

Cities

AugustaBangorBar HarborBelfastBostonBrunswickDamariscottaEllsworthFalmouthGreeneIndian IslandLewistonLincolnvilleMachiasMilbridgeMilfordNew YorkNorthamptonOld TownOrono

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

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