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Filing year 2024

Skowhegan Savings Charitable Foundation

Skowhegan, Maine·EIN 27-4318997·NTEE P12 · Human Services·501(c)(3)
Total revenue
$948k
Total assets
$3M
Total expenses
$418k
Reported officers
7

Reported officers (all unpaid)

No paid executives reported in 2024. Skowhegan Savings Charitable Foundation reported 7 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary
Director
Director
Director
Director

Grants paid

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

Total granted

$400k

Itemized grants

11

Median grant

$25k

RecipientLocationPurposeAmount
Mid Maine Technical CenterWaterville, MESupport for purchase of computers and equipment to help establish the engineering program$75k
AGC MaineAugusta, MESupport for the Maine Contruction Academy Pre-Apprenticeship and Apprenticeship programs. Programs provide students with work-ready certifications such as NCCER Core Badges, OSHA 1 hour certification, First Aid & CPR for construction and others. Students are also provided with a full set of the required personal protective gear to work on construction sites.$75k
Beth Brunswick Memorial Fund for ChildrenRangeley, MESupport for construction of new childcare development center.$50k
KVCAP Early Childhood SchoolWaterville, MESupport for a new Early Childhood Center in the new Skowhegan Elementary School. Skowhegans Early Childhood Center (ECC) will become an exemplar for embedding educational programming for the first five years of a childs life into a public school building. The Center will include 4 infant/toddler rooms (32 children aged 0-3) and 8 preschool rooms (128 children 3-5 years old) for a total of 160 children$50k
Central Maine Growth CouncilWaterville, MEDirigo Labs Pitch prize and Sponsorship to help support a startup initiative that scores the highest overall pitch$25k
Jobs for Maine GraduatesAugusta, MESupport for the Microcredentialed Competency Model. The model will have a significant positive impact on the local economy by enhancing workforce readiness, increasing employability, and fostering economic growth. This model is designed to provide students with the specific skills and credentials necessary to thrive in todays competitive job market, thereby directly contributing to the economic development of the communities we serve.$25k
Tri County Technical CenterDexter, MESupport technical center's purchase of metal band saw for programming$25k
Maine Mountain Childrens HouseKingfield, MESupport for child care center expansion and renovation project$25k
Augusta Downtown AllianceAugusta, METo develop space in the Augusta Center for Entrepreneurship for creation of a high tech studio which will allow for content creation and production of pod casts, videos and marketing.$25k
Trust to Conserve Northeast ForestlandsAugusta, METo help support logging operations program and training for heavy equipment operators$15k
ProsperityMEPortland, MEFinancial Literacy and empowerment program for Maine's immigrant community.$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Skowhegan Savings Charitable Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$26k
$68k
2023
$948k
$418k
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 Human Services executives earn in Maine

Skowhegan Savings Charitable Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable human services organization in Maine earns a median of $85,491.

25th percentile
$53k
Median
$85,491
75th percentile
$127k
90th percentile
$181k

These are human services sector-wide figures, not this organization's reported pay. Based on 185 organizations across 185 filings (2022 – 2024).

See full Human Services pay data for Maine
FAQ

Common questions about Skowhegan Savings Charitable Foundation

What are Skowhegan Savings Charitable Foundation's revenue and expenses?

In 2024, Skowhegan Savings Charitable Foundation reported $948k in total revenue and $418k 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.