Skip to main content
Filing year 2024

BILL AND JOAN ALFOND FAMILY FOUNDATION

Portland, Maine·EIN 01-0421806·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$4.5M
Total assets
$31.2M
Total expenses
$4.2M
Reported officers
7

Reported officers (all unpaid)

No paid executives reported in 2024. BILL AND JOAN ALFOND FAMILY FOUNDATION reported 7 unpaid officers and board members on its 990-PF.

Treasurer
President, Director
Secretary
Director
Director
Director
Vice President, Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3.4M

Itemized grants

41

Median grant

$14k

RecipientLocationPurposeAmount
COLBY COLLEGEWATERVILLE, MEUNDESIGNATED LIFETIME COMMITMENT (DARE NORTHWARD CAMPAIGN)$600k
KENNEBEC VALLEY COMMUNITY ACTION PROGRAMWATERVILLE, MESKOWHEGAN PUBLIC SCHOOL EARLY CHILDHOOD EDUCATION WING$500k
MASS GENERAL BRIGHAM INCORPORATEDBOSTON, MAMASS EYE & EAR HEARING LABS CAPITAL IMPROVEMENTS$500k
BNY MELLON CHARITABLE GIFT FUNDBOSTON, MADONOR ADVISED FUNDS WITH DISQUALIFIED PERSON ADVISORY PRIVILEGES$398k
MASS GENERAL BRIGHAM INCORPORATEDBOSTON, MAHEADACHE MEDICINE, RESEARCH, AND TREATMENT$395k
MAINE COMMUNITY FOUNDATION INCPORTLAND, MEDONOR ADVISED FUNDS WITH DISQUALIFIED PERSON ADVISORY PRIVILEGES$248k
CHILDRENS DISCOVERY MUSEUMWATERVILLE, MECAPITAL CAMPAIGN MEMBERSHIP CHALLENGE$200k
10TH MOUNTAIN SKI CLUBFORT KENT, MEUNRESTRICTED$100k
MAINE SCHOOL ADMINISTRATIVE DISTRICT #46DEXTER, MENEW FACILITY FOR BUILDING TRADES PROGRAM$94k
THOMAS COLLEGEWATERVILLE, MEVARSITY E-SPORTS PROGRAM EXPANSION$60k
KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATIONFAIRFIELD, MEELECTRICAL LINEWORKER TRUCK$50k
CENTRAL MAINE COMMUNITY BETTERMENT COLLABORATIVEWATERVILLE, MEDIRIGO LABS BUSINESS ACCELERATOR & MENTOR PROGRAM$32k
EASTPORT PORT AUTHORITYEASTPORT, MECOACH PASSENGER BUS REFURBISHMENT$26k
FRIENDS OF QUARRY ROADWATERVILLE, MEMINI-ALPINE CAMPAIGN$25k
JOBS FOR MAINE'S GRADUATES INCAUGUSTA, MESPECIALIZED FINANCIAL LITERACY CURRICULUM$25k
KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATIONFAIRFIELD, ME2024 KVCC GALA - EMERGENT NEED FUND$25k
CIEE INCSOUTH PORTLAND, ME2024 JMG GLOBAL NAVIGATOR HIGH SCHOOL STUDY ABROAD SCHOLARSHIP$19k
MAINE CHILDREN'S HOME FOR LITTLE WANDERERSWATERVILLE, MEUNRESTRICTED$15k
TOWN OF DEXTERDEXTER, MEBRING BACK THE BEACH CAPITAL CAMPAIGN$15k
THE WINDOWDRESSERS INCROCKLAND, MECAPACITY BUILDING$15k
MAINE SCHOOL ADMINISTRATIVE DISTRICT #46DEXTER, MEDEXTER CAREER AND TECHNICAL EDUCATION SUMMER CAMP$14k
UNIVERSITY OF MAINE FOUNDATIONORONO, MEMARCHING BAND$10k
CENTRAL MAINE COMMUNITY BETTERMENT COLLABORATIVEWATERVILLE, MEECONOMIC DEVELOPMENT IN OAKLAND, ME$10k
THOMAS COLLEGEWATERVILLE, MEBILL AND JOAN ALFOND SCHOLARS GRADUATE PROGRAM$10k
TOWN OF CORINNACORINNA, MENET CLIMBING STRUCTURE FOR BRAD DAVIS MEMORIAL PLAYGROUND$9k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

BILL AND JOAN ALFOND FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.1M
$3.3M
2023
$4.5M
$4.2M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Maine

BILL AND JOAN ALFOND FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Maine earns a median of $12,000.

25th percentile
$4k
Median
$12,000
75th percentile
$38k
90th percentile
$119k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 194 organizations across 194 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Maine
FAQ

Common questions about BILL AND JOAN ALFOND FAMILY FOUNDATION

What are BILL AND JOAN ALFOND FAMILY FOUNDATION's revenue and expenses?

In 2024, BILL AND JOAN ALFOND FAMILY FOUNDATION reported $4.5M in total revenue and $4.2M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.