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Filing year 2024

WILLIAM SEARLS SCHOLARSHIP FUND FIRST NATIONAL BANK TRUSTEE

Damariscotta, Maine·EIN 01-6009698·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$41k
Total assets
$428k
Total expenses
$28k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. WILLIAM SEARLS SCHOLARSHIP FUND FIRST NATIONAL BANK TRUSTEE reported 1 unpaid officer or board member on its 990-PF.

Trustee

Grants paid

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

Total granted

$22k

Itemized grants

11

Median grant

$2k

RecipientLocationPurposeAmount
SOUTHERN MAINE COMMUNTIY COLLEGESOUTH PORTLAND, MESCHOLARSHIP$6k
UNIVERSITY OF SOUTHERN MAINEPORTLAND, MESCHOLARSHIP$3k
HUSSON UNIVERSITYBANGOR, MESCHOLARSHIP$2k
UNIVERSITY OF MAINE ORONOORONO, MESCHOLARSHIP$2k
FLAGLER COLLEGEST AUGUSTINE, FLSCHOLARSHIP$2k
THOMAS COLLEGEWATERVILLE, MESCHOLARSHIP$2k
MOUNT HOLYOKESOUTH HADLEY, MASCHOLARSHIP$2k
BOWDOINBRUNSWICK, MESCHOLARSHIP$2k
UNIVERSITY OF NORTH WESTERNROSEVILLE, MNSCHOLARSHIP$2k
UNIVERSITY OF CALIFORNIAOAKLAND, CASCHOLARSHIP$2k
MAINE MARITIME ACADEMYCASTINE, MESCHOLARSHIP$2k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

WILLIAM SEARLS SCHOLARSHIP FUND FIRST NATIONAL BANK TRUSTEE reported revenue and expenses across 2 filing years.

RevenueExpenses
$20k
$23k
2023
$41k
$28k
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

WILLIAM SEARLS SCHOLARSHIP FUND FIRST NATIONAL BANK TRUSTEE 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 WILLIAM SEARLS SCHOLARSHIP FUND FIRST NATIONAL BANK TRUSTEE

What are WILLIAM SEARLS SCHOLARSHIP FUND FIRST NATIONAL BANK TRUSTEE's revenue and expenses?

In 2024, WILLIAM SEARLS SCHOLARSHIP FUND FIRST NATIONAL BANK TRUSTEE reported $41k in total revenue and $28k 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.