Overview
What is Maine Community Foundation Inc?
The Maine Community Foundation, based at 245 Main Street, Ellsworth, Maine, is a grantmaking nonprofit organization dedicated to improving Maine communities. With a team of 55 employees, they offer various ways for donors to support local causes, including individual nonprofits, scholarships, county funds, and specific issues. In 2022, the foundation granted over $54 million to charitable organizations, addressing issues such as the environment, economic development, racial equity, housing, food insecurity, education, health, and arts and culture. This included over $2.6 million in scholarships for 1200 recipients and $1.5 million from the Community Building program, which empowers communities to provide resources to nonprofits. The foundation also provides community leadership grants to address barriers hindering Maine people's full engagement and contribution to their communities and economy. Their mission is to bring people and resources together to build a better Maine.
Official website here: www.mainecf.org
Is Maine Community Foundation Inc legitimate?
Maine Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Community Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,407,070
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,996,701
For more financial information, click here
Official website here: www.mainecf.org
What is the mission statement of Maine Community Foundation Inc?
The Maine Community Foundation serves as a connector, bringing together individuals and resources to enhance Maine communities. Through its grantmaking initiatives, the organization supports a range of charitable organizations addressing various issues such as the environment, education, health, and racial equity. In 2022, the foundation distributed over $54 million in grants, including scholarships for over 1200 recipients and funds from its Community Building program. Additionally, the foundation's community leadership grants foster partnerships to enhance Maine residents' quality of life and enable their active participation in their communities and economy.
Official website here: www.mainecf.org
Who is the CEO of Maine Community Foundation Inc?
Deborah Ellwood is the President/Ceo/Ex Officio(Eff 7/2022) of Maine Community Foundation Inc. The CEO's salary of Maine Community Foundation Inc is $82,707 and their total compensation is $89,976.
Official website here: www.mainecf.org
What is the revenue of Maine Community Foundation Inc?
Maine Community Foundation Inc's revenue in 2022 was $52,365,869.
Official website here: www.mainecf.org
Who are the executives of Maine Community Foundation Inc and what are their salaries?
The average compensation at Maine Community Foundation Inc during 2022 was $80,069. There are 55 employees and 451 volunteers at Maine Community Foundation Inc.
Here are 34 key members and their salaries (Maine Community Foundation Inc's CEO's salary is $82,707 and their total compensation is $89,976):
- Michele Camarco (Treasurer/Vp, Cfo)
- Jennifer Southard (Vp, Donor Services & Operations)
- Deborah Ellwood (President/Ceo/Ex Officio(Eff 7/2022))
- Lelia Deandrade (Vp, Community Impact)
- Laura Young (Vp, Philanthropy)
- Brendon Reay (Vp, Investments (Eff 2/2022))
- Elena Sulima (Director Of Finance)
- Jennifer Richard (Clerk (Eff 6/22); Dir. Gift Planning)
- Cherie Gaylen (Director, Strategic Learning)
- Laura Lee (Director, Grantmaking)
- Liana Kingsbury (Director, Non-Profit Agency Funds)
- Sterling Speirn (President/Ceo/Ex Officio(End 6/2022))
- Chris Woods (Secretary)
- Sarah Armentrout (Director)
- Brian Bernatchez (Director)
- Timothy Crowley (Director)
- Matthew P Dubois (Director)
- Martha Dumont (Director)
- Susan Hammond (Director)
- Mark Howard (Director)
- Deborah A Jordan (Director)
- Amber Lambke (Director (Eff 6/2022))
- Julie Mallet (Director)
- Brooke Parish (Director)
- Joan Lili Pew (Director)
- Matthew A Polstein (Director (End 6/2022))
- Claude Rwaganje (Director)
- Tihtiyas Sabattus (Director)
- Benjamin Sprague (Director)
- Karen W Stanley (Director (End 6/2022))
- Shawn Yardley (Director (Eff 6/2022))
- D Gregg Collins (Chair/Director)
- Adilah Muhammad (Vice Chair/Director)
- Sidney St F Thaxter (Clerk (End 6/2022))
Official website here: www.mainecf.org
Where can I find the form 990 for Maine Community Foundation Inc?
The Maine Community Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mainecf.org
Learn more at the official website: www.mainecf.org
Mission Statement of Maine Community Foundation Inc
The Maine Community Foundation, a prominent nonprofit organization, is dedicated to connecting people and resources with the goal of improving Maine communities. Through its mission, the foundation brings together various donors and channels their contributions towards addressing various societal issues in Maine.
In 2022, the Maine Community Foundation distributed over $54 million in grants, which reached out to numerous charitable organizations across the state. These grants were focused on a range of concerns, including environmental sustainability, community economic development, racial equity, housing and food insecurity, education, health and wellbeing, and arts and culture. The foundation's grants supported scholarships for over 1200 students, enabling them to pursue professional development and further their education.
Moreover, the Maine Community Foundation's Community Building program granted $1.5 million to communities throughout Maine to provide essential resources to local nonprofits. This program empowers the foundation to engage with communities and support them in addressing the unique challenges that prevent Maine residents from fully participating in their communities and the economy. Additionally, the foundation awarded community leadership grants of $371 thousand to strengthen partnerships with donors, nonprofits, institutions, and other community members to tackle the barriers that hinder Maine people from actively contributing to their communities and the state's economy.
Impact
This information is meant to be a general summary of Maine Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Maine Community Foundation Inc brings people and resources together to build a better Maine by providing over $54 million in grants in 2022. These grants support charitable organizations addressing various issues such as the environment, community economic development, racial equity, housing and food insecurity, education, health and wellbeing, and arts and culture. Additionally, the foundation awarded over $2.6 million in scholarships to over 1200 recipients for professional development and studies. Through programs like the Community Building initiative and community leadership grants, the foundation works to improve the quality of life for Maine people by addressing barriers and fostering community engagement and contributions to the state's economy.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees for Services
Revenue
$1,122,368
Other Programs
Revenue
$3,997
Organization Details
Founding Year
1983
Phone
(207) 667-9735
Principal Officer
Deborah Ellwood
Main Address
245 Main Street, Ellsworth, ME, 04605
Website
www.mainecf.org
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Maine Community Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.