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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.

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