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Filing year 2023

THE GENADA FOUNDATION

Damariscotta, Maine·EIN 65-6332116·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$61k
Total assets
$463k
Total expenses
$66k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Maine.

Trustee
Board Member
75th to 90th percentile
$20k
$22k
Trustee
Board Member
Median to 75th percentile
$15k
$17k
Trustee
Board Member
Below 10th percentile
$200
$223
Trustee
Board Member
Below 10th percentile
$200
$223

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE GENADA FOUNDATION equaled 30% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
30%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$23k

Itemized grants

8

Median grant

$900

RecipientLocationPurposeAmount
CLC YMCADAMARISCOTTA, MEDONATION$12k
TWIN VILLAGES ALLIANCEDAMARISCOTTA, MECAPITAL CAMPAIGN$5k
ELDER CARE NETWORKDAMARISCOTTA, MEDONATION$3k
COASTAL RIVERS CONSERVATIONDAMARISCOTTA, MEDONATION$1k
GREAT SALT BAY CSDDAMARISCOTTA, MEDONATION$800
LINCOLN ACADEMYNEWCASTLE, MEDONATION$500
STEPPING STONESDAMARISCOTTA, MEDONATION$500
EBEMEE SNOWMOBILE CLUBBROWNVILLE, MEDONATION$300
Compare this foundation's grantees

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE GENADA FOUNDATION

What does the Board Member of THE GENADA FOUNDATION earn?

In 2023, the Board Member of THE GENADA FOUNDATION received $20,000 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Maine, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at THE GENADA FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Maine, the 2023 pay of the Board Member at THE GENADA FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at THE GENADA FOUNDATION equaled 30% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE GENADA FOUNDATION's revenue and expenses?

In 2023, THE GENADA FOUNDATION reported $61k in total revenue and $66k 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.