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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.