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Filing year 2024

The Bank of Maine Charitable Foundation

Camden, Maine·EIN 01-0446023·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$545
Total assets
$233k
Total expenses
$27k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. The Bank of Maine Charitable Foundation reported 2 unpaid officers and board members on its 990-PF.

President
Treasurer

Grants paid

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

Total granted

$25k

Itemized grants

6

Median grant

$5k

RecipientLocationPurposeAmount
SaltWater ClassroomCamden, ME2024 Leaders & Luminaries Award$5k
The Center for Grieving ChildrenPortland, ME2024 Leaders & Luminaries Award$5k
Maine Academy of Modern MusicPortland, ME2024 Leaders & Luminaries Award$5k
ClimateWork MainePortland, ME2024 Leaders & Luminaries Award$5k
Kennebec Valley YMCAAugusta, MESponsor: 2024 Strong Kids Campaign & Auction$3k
Challenger Learning Center of MaineBangor, ME2024 Leaders & Luminaries Spotlight Award$2k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The Bank of Maine Charitable Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$649
$42k
2023
$545
$27k
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

The Bank of Maine Charitable 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 The Bank of Maine Charitable Foundation

What are The Bank of Maine Charitable Foundation's revenue and expenses?

In 2024, The Bank of Maine Charitable Foundation reported $545 in total revenue and $27k 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.