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Filing year 2024

THE OLD BUG LIGHT CHARITABLE FOUNDATION

Portland, Maine·EIN 01-0514859·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$446k
Total assets
$2.3M
Total expenses
$213k
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. THE OLD BUG LIGHT CHARITABLE FOUNDATION reported 6 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee
Trustee
Trustee
Trustee

Grants paid

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

Total granted

$200k

Itemized grants

23

Median grant

$5k

RecipientLocationPurposeAmount
LEARNINGWORKSPORTLAND, MEFOR OPERATIONS$50k
DOCTORS WITHOUT BORDERSNEW YORK, NYFOR OPERATIONS$30k
NATIONAL NETWORK OF ABORTION FUNDSBEAVERTON, ORFOR OPERATIONS$15k
SAILMAINEPORTLAND, MEFOR OPERATIONS$12k
ACLU OF MAINEPORTLAND, MEFOR OPERATIONS$10k
FOUNDATION FOR PORTLAND PUBLIC SCHOOLSPORTLAND, MEFOR OPERATIONS$10k
FRIENDS OF CONGRESS SQUARE PARKPORTLAND, MEFOR OPERATIONS$10k
TOO YOUNG TO WEDPEEKSKILL, NYFOR OPERATIONS$10k
OLYMPIA SNOWE WOMENS LEADERSHIP INSTITUTEPORTLAND, MEFOR OPERATIONS$6k
BICYCLE COALITION OF MAINEPORTLAND, MEFOR OPERATIONS$5k
GULF OF MAINE RESEARCH INSTITUTEPORTLAND, MEFOR OPERATIONS$5k
PORTLAND MUSUEM OF ARTPORTLAND, MEFOR OPERATIONS$5k
PORTLAND OVATIONSPORTLAND, MEFOR OPERATIONS$5k
HOSPICE OF SOUTHERN MAINESCARBOROUGH, MEFOR OPERATIONS$4k
PORTLAND COMMUNITY SQUASHPORTLAND, MEFOR OPERATIONS$4k
THE CENTER FOR GRIEVING CHILDRENPORTLAND, MEFOR OPERATIONS$4k
THE DEMPSEY CENTERLEWISTON, MEFOR OPERATIONS$4k
IMMIGRANT LEGAL ADVOCACY PROJECTPORTLAND, MEFOR OPERATIONS$3k
EASTERN TRAIL ALLIANCESACO, MEFOR OPERATIONS$3k
GOOD THEATERPORTLAND, MEFOR OPERATIONS$2k
PORTLAND TRAILSPORTLAND, MEFOR OPERATIONS$2k
240 STRINGSPORTLAND, MEFOR OPERATIONS$1k
SPACE GALLERYPORTLAND, MEFOR OPERATIONS$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE OLD BUG LIGHT CHARITABLE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$48k
$183k
2023
$446k
$213k
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 Philanthropy, Voluntarism & Grantmaking executives earn in Maine

THE OLD BUG LIGHT 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 OLD BUG LIGHT CHARITABLE FOUNDATION

What are THE OLD BUG LIGHT CHARITABLE FOUNDATION's revenue and expenses?

In 2024, THE OLD BUG LIGHT CHARITABLE FOUNDATION reported $446k 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.