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Filing year 2024

GRANITE POINT FOUNDATION

South Portland, Maine·EIN 04-3213793·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$437k
Total assets
$3.9M
Total expenses
$807k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. GRANITE POINT FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

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

Total granted

$780k

Itemized grants

20

Median grant

$5k

RecipientLocationPurposeAmount
WILLIAMS COLLEGEWILLIAMSTOWN, MAGENERAL USE$350k
MYSTIC SEAPORT MUSEUM INCMYSTIC, CTGENERAL USE$250k
ROYAL RIVER COMMUNITY PLAYERSYARMOUTH, MEGENERAL USE$33k
FRIENDS OF CASCO BAYSOUTH PORTLAND, MEGENERAL USE$25k
GOOD SHEPHERD FOOD BANKAUBURN, MEGENERAL USE$20k
PREBLE STREETPORTLAND, MEGENERAL USE$20k
COASTWISE INCORPORATEDDURHAM, MEGENERAL USE$15k
FRIENDS OF MVYRADIO INCWEST TISBURY, MAGENERAL USE$10k
SOUTH PORTLAND FOOD CUPBOARDSOUTH PORTLAND, MEGENERAL USE$10k
GULF OF MAINE RESEARCH INSTITUTEPORTLAND, MEGENERAL USE$5k
MAINE SPORTS HALL OF FAMEKENNEBUNK, MEGENERAL USE$5k
BICYCLE COALITION OF MAINEPORTLAND, MEGENERAL USE$5k
FRIENDS OF PEARY'S EAGLE ISLAND LTDHARPSWELL, MEGENERAL USE$5k
ISLAND INSTITUTEROCKLAND, MEGENERAL USE$5k
MAINE COAST HERITAGE TRUSTTOPSHAM, MEGENERAL USE$5k
PROJECT CITIZENSHIPBOSTON, MAGENERAL USE$5k
RIPPLE EFFECT PROJECTWATERVILLE, MEGENERAL USE$5k
SAIL MAINEPORTLAND, MEGENERAL USE$5k
BATES DANCE FESTIVALLEWISTON, MEGENERAL USE$1k
PORTLAND STAGE COMPANYPORTLAND, MEGENERAL USE$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

GRANITE POINT FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$88k
$282k
2023
$437k
$807k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Maine

GRANITE POINT 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 GRANITE POINT FOUNDATION

What are GRANITE POINT FOUNDATION's revenue and expenses?

In 2024, GRANITE POINT FOUNDATION reported $437k in total revenue and $807k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.