Atlantic Federal Credit Union Foundation

SOUTH PORTLAND, ME EIN: 86-2316892

Atlantic Federal Credit Union Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH PORTLAND, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 94 grants totaling $179K. Net investment income was $167K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+2.9% YoY

Annual Giving

$179K

+13.6% YoY

Grant Count

94

+32.4% YoY

Avg Grant Size

$2K

-14.2% YoY

About Atlantic Federal Credit Union Foundation

Based on IRS filings

Atlantic Federal Credit Union Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH PORTLAND, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 94 grants totaling $179K. Net investment income was $167K.

Ready to take the next step with Atlantic Federal Credit Union Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

AlfredAlfred MeAuburnBangorBathBiddefordBostonBowdoinBrunswickCambridgeCape NeddickCarlisleCumberlandCumberland CenterDurhamFalmouthFernandina BeachFreeportGorhamGray

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$554K$1M$2M$2M2021202220232024
Metric202420232022
Total Assets$2,638,344$2,565,105$2,143,168
Revenue$192,641$524,863$269,240
Expenses$207,746$180,627$197,042
Qualifying Distributions$180,284$158,677$191,680
Net Investment Income$166,879$83,493$16,768
Distributable Amount$126,311$122,188$105,932

Giving Over Time

Total grant dollars and number of grants per year

$0$48K$95K$143K$191K34 grants202176 grants202271 grants202394 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AVESTA HOUSING DEVELOPME…$16KEMERSON COLLEGE$3KHABITAT FOR HUMANITY YOR…$3KLESLEY UNIVERSITY FBO AN…$3KMAINE FEDERATION OF FARM…$3KMAINE ATTRACTION WATERSK…$2KCENTER FOR GRIEVING CHIL…$2KCENTER FOR A GREEN FUTURE$2KHOPE ACTS$2KMAKE-A-WISH MAINE$1K

Grant Size Distribution

184 grants across all recorded years

182<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHRISTOPHER MCGORRILLPRESIDENT
HOWARD DUPEETREASURER
RACHEL NEWMANSECRETARY
DONNA HODGDONDIRECTOR
KIM ANANIADIRECTOR
RENEE OYSTERDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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