Reported officers (all unpaid)
No paid executives reported in 2024. Machias Savings Bank Community Development Foundation reported 12 unpaid officers and board members on its 990-PF.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$203k
Itemized grants
27
Median grant
$5k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Maine Lobstermen's Community Alliance | Kennebunk, ME | Program Support Grant | $50k |
| Husson University | Bangor, ME | Program Support Grant | $25k |
| FocusMaine | Augusta, ME | Program Support Grant | $15k |
| The College of the Atlantic | Bar Harbor, ME | Program Support Grant | $13k |
| Avesta Housing Development Corporation | Portland, ME | Program Support Grant | $8k |
| Portland Ovations | Portland, ME | Program Support Grant | $8k |
| Town of Danforth | Danforth, ME | Program Support Grant | $6k |
| Big Brothers Big Sisters of Mid-Maine | Camden, ME | Program Support Grant | $5k |
| Eastern Area Agency on Aging | Brewer, ME | Program Support Grant | $5k |
| Greater Portland Immigrant Welcome Center | Portland, ME | Program Support Grant | $5k |
| Immigrant Legal Advocacy Project | Portland, ME | Program Support Grant | $5k |
| Information Technology Exchange Give IT Get IT | Waterville, ME | Program Support Grant | $5k |
| MaineHealth | Portland, ME | Program Support Grant | $5k |
| Mainestream Finance | Bangor, ME | Program Support Grant | $5k |
| Northern Light Maine Coast Hospital | Ellsworth, ME | Program Support Grant | $5k |
| Preble Street | Portland, ME | Program Support Grant | $5k |
| Rural Aspirations | Swanville, ME | Program Support Grant | $5k |
| The Northern Lighthouse Inc | Presque Isle, ME | Program Support Grant | $5k |
| The Opportunity Alliance | South Portland, ME | Program Support Grant | $5k |
| Penquis CAP Inc | Bangor, ME | Program Support Grant | $4k |
| Alfond Youth & Community Center | Waterville, ME | Program Support Grant | $3k |
| Katahdin Children and Families | Patten, ME | Program Support Grant | $3k |
| Maine Academy of Modern Music | Portland, ME | Program Support Grant | $3k |
| Mid Coast Health Net (dba The Knox Clinic) | Rockland, ME | Program Support Grant | $3k |
| ProsperityME | Portland, ME | Program Support Grant | $3k |
Revenue and expenses over time
Machias Savings Bank Community Development Foundation reported revenue and expenses across 2 filing years.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
What Philanthropy, Voluntarism & Grantmaking executives earn in Maine
Machias Savings Bank Community Development 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.
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 →Common questions about Machias Savings Bank Community Development Foundation
What are Machias Savings Bank Community Development Foundation's revenue and expenses?
In 2024, Machias Savings Bank Community Development Foundation reported $750k in total revenue and $213k 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.
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