The Bank of Maine Charitable Foundation

CAMDEN, ME EIN: 01-0446023

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$233K

-10.1% YoY

Annual Giving

$25K

-28.9% YoY

Grant Count

6

-33.3% YoY

Avg Grant Size

$4K

+6.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23K$45K$68K$90K20202021202220232024
Metric202420232022
Total Assets$233,326$259,466$301,312
Revenue$545$649$2,298
Expenses$26,685$42,495$44,125
Qualifying Distributions$26,685$42,195$43,725
Net Investment Income$545$349$1,898
Distributable Amount$10,628$14,239$15,976

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$28K$42K$56K12 grants20209 grants20218 grants20229 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

SaltWater Classroom$5KThe Center for Grieving …$5KMaine Academy of Modern …$5KClimateWork Maine$5KKennebec Valley YMCA$3KChallenger Learning Cent…$2K

Grant Size Distribution

44 grants across all recorded years

44<$50K$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 The Bank of Maine Charitable Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Renee SmythPresident1
Terri TooleyTreasurer1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

AuburnAugustaBangorBlue HillBristoBrunswickCamdenFalmouthGardinerHinckleyJonesportMilbridgeOronoPortlandRocklandUnityWatervilleWest Gardiner

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

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