Aroostook Savings & Loan Foundation
Aroostook Savings & Loan Foundation is a private foundation focused on Public, Societal Benefit, based in CARIBOU, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $82K in total assets. In 2024, it awarded 2 grants totaling $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$82K
-0.5% YoY
Annual Giving
$11K
+109.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$6K
+109.5% YoY
Under IRS private-foundation payout rules, Aroostook Savings & Loan Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About Aroostook Savings & Loan Foundation
Based on IRS filings
Aroostook Savings & Loan Foundation is a private foundation focused on Public, Societal Benefit, based in CARIBOU, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $82K in total assets. In 2024, it awarded 2 grants totaling $11K.
Focus Areas
Ready to take the next step with Aroostook Savings & Loan Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $82,319 | $82,773 | $92,412 |
| Revenue | $641 | $-3,851 | $6,432 |
| Expenses | $11,845 | $6,038 | $5,515 |
| Qualifying Distributions | $11,000 | $5,250 | $5,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $12,747 | $7,898 | $5,153 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Aroostook Hospice Foundation ($5,500), C-a-n-c-e-rcom ($5,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AROOSTOOK HOSPICE FOUNDATION PRESQUE ISLE, ME | PROVIDE QUALITY END-OF-LIFE CARE | $5,500 |
| C-A-N-C-E-RCOM PRESQUE ISLE, ME | PROVIDE SUPPORT TO THOSE WITH CANCER | $5,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHERINE ANDERSON | CHAIRMAN | — | — |
| RICHARD D SOLMAN | SECRETARY/CL | — | — |
| VICKI L KEATON | DIRECTOR | — | — |
| KYLE A WASHINGTON | DIRECTOR | — | — |
| CURT PATTERSON | DIRECTOR | — | — |
| DEBORAH SIROIS | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Aroostook Savings & Loan Foundation?
Aroostook Savings & Loan Foundation is a private foundation focused on Public, Societal Benefit, based in CARIBOU, ME. It holds $82K in total assets as of 2024.
How large is Aroostook Savings & Loan Foundation?
As of 2024, Aroostook Savings & Loan Foundation holds $82K in total assets with $641 in annual revenue. It awarded 2 grants totaling $11K in 2024.
Where does Aroostook Savings & Loan Foundation operate?
Aroostook Savings & Loan Foundation has awarded grants in Maine.
What size grants does Aroostook Savings & Loan Foundation award?
In 2024, Aroostook Savings & Loan Foundation awarded 2 grants totaling $11K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Aroostook Savings & Loan Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Aroostook Savings & Loan Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Aroostook Savings & Loan Foundation's EIN?
Aroostook Savings & Loan Foundation's EIN (Employer Identification Number) is 87-2518525. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.