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Filing year 2024

LUNDER FOUNDATION

Portland, Maine·EIN 01-0437556·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$37.5M
Total assets
$818k
Total expenses
$22.2M
Reported officers
8

Reported officers (all unpaid)

No paid executives reported in 2024. LUNDER FOUNDATION reported 8 unpaid officers and board members on its 990-PF.

Treasurer & Director
Chair & Director
Director
Director
Director
Director
Director
President

Grants paid

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

Total granted

$21.8M

Itemized grants

148

Median grant

$1k

RecipientLocationPurposeAmount
MASSACHUSETTS GENERAL HOSPITALBOSTON, MALEARNING INITIATIVE$4.8M
COLBY COLLEGEWATERVILLE, MEENDOWMENT FUND$2.4M
HEBREW SENIORLIFEBOSTON, MAPROJECT SUPPORT$2.2M
COLBY COLLEGE MUSEUM OF ARTWATERVILLE, MEART PURCHASE FUND$1.2M
COLBY COLLEGE MUSEUM OF ARTWATERVILLE, MEART PURCHASE FUND$1.1M
MAINE PUBLIC BROADCASTINGLEWISTON, MEPROGRAMMING FUND$1M
LESLEY UNIVERSITYCAMBRIDGE, MAANNUAL FUND$1M
MAINE COLLEGE OF ART & DESIGNPORTLAND, MELUNDER SCHOLARSHIP FUND$717k
COLBY COLLEGEWATERVILLE, MECCMA LUNDER COLLECTION FUND$714k
DANA-FARBERBOSTON, MACHAIR/LL RESEARCH$701k
HARVARD UNIVERSITY ART MUSEUMCAMBRIDGE, MAPROJECT SUPPORT$502k
MASSACHUSETTS GENERAL HOSPITALBOSTON, MAANNUAL FUND$485k
THOMAS COLLEGEWATERVILLE, MESCHOLARSHIP FUND$408k
HEBREW SENIORLIFEBOSTON, MALELAND NURSING ENDOWMENT$402k
COLBY COLLEGEWATERVILLE, MECCMA LIAA ANNUAL FUNDING SUPPORT$400k
BETH ISRAEL CONGREGATIONWATERVILLE, MERABBI ENDOWMENT FUND$335k
COX SCIENCE CENTERWEST PALM BEACH, FLANNUAL FUND$334k
UNIVERSITY OF NEW ENGLANDPORTLAND, MEFINANCIAL AID$334k
WHITNEY MUSEUM OF AMERICAN ARTNEW YORK, NYCONSERVATION FUND$277k
COLBY COLLEGEWATERVILLE, MECOLBY ARTS BUILDING$250k
COLBY COLLEGEWATERVILLE, MECOLBY ARTS BUILDING$250k
BETH ISRAEL DEACONESSBOSTON, MANURSING EDUCATION FUND$247k
COLBY COLLEGE MUSEUM OF ARTWATERVILLE, MEART PURCHASE FUND$236k
COLBY COLLEGE MUSEUM OF ARTWATERVILLE, MEART PURCHASE FUND$231k
CHILDREN'S MUSEUM & THEATRE OF MAINEPORTLAND, MEANNUAL FUND$130k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

LUNDER FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$38.3M
$18.9M
2023
$37.5M
$22.2M
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Maine

LUNDER 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 LUNDER FOUNDATION

What are LUNDER FOUNDATION's revenue and expenses?

In 2024, LUNDER FOUNDATION reported $37.5M in total revenue and $22.2M in total expenses on its IRS Form 990.

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