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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
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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.