Atlantic Federal Credit Union Foundation
Atlantic Federal Credit Union Foundation is a private foundation based in South Portland, Maine. It awards scholarships and grants to individuals residing in, and 501(c)(3) organizations serving and operating in, communities served by Atlantic Regional Federal Credit Union.
Atlantic Federal Credit Union Foundation at a glance
In short: Atlantic Federal Credit Union Foundation gave $267K across 95 grants in 2025 (avg $3K), mostly in Maine. 48% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $267,348
- +49.5% vs 2024
- Grants made (2025)
- 95
- +1.1% vs 2024
- Average grant
- $2,814
- +47.9% vs 2024
- Median grant
- $500
- Total assets
- $2,748,468
- +4.2% vs 2024
- New grantees (estimate)
- 48% first-time grantees (46 of 95, 2025)
- Primary geography
- Maine (91% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Atlantic Federal Credit Union Foundation
- Review Cycle
- None listed on the filing.
- Deadline
- None listed on the filing.
- Contact
Application contact: Atlantic Federal Credit Union Found
Mailing address: 600 Sable Oaks Suite 100, South Portland, ME 04106
Phone: (800) 834-0432
Email: cmcgorrill@atlanticfcu.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Atlantic Federal Credit Union Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Maine Credit Unions' Campaign for Ending Hunger ($128K). Together the top 10 received $210K.
Grant Size Distribution
370 grants across all recorded years
The most common grant size was under $50K: 366 grants of 370 (99%).
Geographic Focus
Where this funder awards grants
The foundation says it serves individuals and organizations in communities served by Atlantic Regional Federal Credit Union. Its 2025 scholarship requirements identify graduating seniors in Androscoggin, Cumberland, Sagadahoc, or York County. In 2025, 91% of grant dollars went to recipients in Maine, 7% to Massachusetts, 1% to New Hampshire, and less than 1% to Connecticut; 1% was attributed to an unspecified state.
Grant Distribution by State
Share of 2025 grant dollars across all 95 itemized grants.
Cities
Is Atlantic Federal Credit Union Foundation open to new grantees?
48%
first-time grantees, 2025
In 2025, 46 of 95 grantees (48%) were first-time recipients. First grants averaged $1K; repeat grants $4K. How we count
Medians: $350 first-time, $500 repeat.
- 40% of 2025 grantees were also funded in 2024. Method
- Giving grew 40% from 2022 to 2025. Method
- In 2025 it paid out 216% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $42K (2021) to $267K (2025). In 2025 it made 95 grants totaling $267K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Maine Credit Unions' Campaign for Ending Hunger Portland, ME | General Support | $128,023 |
| Boys & Girls Clubs of Southern Maine Portland, ME | General Support | $20,500 |
| York County Community Action Corp Sanford, ME | General Support | $15,500 |
| Wayside Food Programs Portland, ME | General Support | $10,500 |
| Maine Needs Portland, ME | General Support | $10,000 |
| Boston University Boston, MA | Scholarship | $5,000 |
| JMG Cambridge, MA | General Support | $5,000 |
| Junior Achievement of Maine Portland, ME | General Support | $5,000 |
| Lesley University Augusta, ME | General Support | $5,000 |
| New Ventures Maine Norton, MA | General Support | $5,000 |
Ready to take the next step with Atlantic Federal Credit Union Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,748,468 | $285,344 | $295,719 | $267,348 | 95 | $268,805 | $113,115 | $124,702 |
| 2024 | $2,638,344 | $192,641 | $207,746 | $178,844 | 94 | $180,284 | $166,879 | $126,311 |
| 2023 | $2,565,105 | $524,863 | $180,627 | $157,427 | 71 | $158,677 | $83,493 | $122,188 |
| 2022 | $2,143,168 | $269,240 | $197,042 | $190,580 | 76 | $191,680 | $16,768 | $105,932 |
| 2021 | $2,025,087 | $2,015,121 | $41,750 | $41,750 | 34 | $41,750 | $1,119 | $18,068 |
Under IRS private-foundation payout rules, Atlantic Federal Credit Union Foundation reported a distributable amount of $125K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing describes its activity as awarding scholarships and grants to individuals and qualifying organizations in communities served by the credit union; it does not state a separate mission. Its 2025 grants included general support, scholarships, and support for organizations working in areas such as food access, youth development, and community services.
For example, Boys & Girls Clubs of Southern Maine says its mission is to help young people realize their potential as responsible, productive, and caring citizens. Wayside Food Programs describes its work as increasing food access in Southern Maine through community-based meals and food distribution. York County Community Action says it works to help people in York County thrive by meeting urgent needs, creating opportunities, promoting well-being, and advocating for just policies and practices.
Grantmaking
In filing year 2025, the foundation reported 95 grants totaling $267,348. Grant amounts ranged from $100 to $128,023, with a median of $500. Its largest listed grant was $128,023 to Maine Credit Unions’ Campaign for Ending Hunger for general support. Other notable grants included $20,500 to Boys & Girls Clubs of Southern Maine, $15,500 to York County Community Action Corp., $10,500 to Wayside Food Programs, and $10,000 to Maine Needs, each for general support. The filing also listed a $5,000 scholarship grant to Boston University.
The foundation’s filing says applications for grants and scholarships should be submitted through the credit union’s online application process. For scholarships, it lists awards of $10,000, $5,000, $2,500, $1,500, or $1,000. The stated eligibility requirements include being a credit union member and a graduating high school senior in Androscoggin, Cumberland, Sagadahoc, or York County; having a primary account open at the credit union; and enrolling in an undergraduate program with at least six credit hours per semester. Applicants are also asked to submit an application, a 350–400-word essay, a résumé describing community involvement, extracurricular activities, and leadership, a high school transcript, and a reference letter. The filing’s enrollment requirement refers to Fall 2024, which is a past cycle.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Christopher McGorrill as president, Howard Dupee as treasurer, and Rachel Newman as secretary. It lists Donna Hodgdon, Kim Anania, and Kate Vickery as directors.
Atlantic Federal Credit Union Foundation is led by Christopher McGorrill, President on every filing since 2021; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Christopher McGorrill
President
On filings since 2021
No compensation reported
Donna Hodgdon
Director
On filings since 2021
No compensation reported
Kim Anania
Director
On filings since 2023
No compensation reported
Kate Vickery
Director
New on the 2025 filing
No compensation reported
Howard Dupee
Treasurer
On filings since 2021
No compensation reported
Rachel Newman
Secretary
On filings since 2023
No compensation reported
Former officers (2)
- Former: Renee Oyster (2021–2024) — Director
- Former: Tara Williams (2021–2022) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Atlantic Federal Credit Union Foundation
How much does Atlantic Federal Credit Union Foundation give each year?
Atlantic Federal Credit Union Foundation gave $267K across 95 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $179K across 94 grants.
What is Atlantic Federal Credit Union Foundation's typical grant size?
Atlantic Federal Credit Union Foundation's median grant in 2025 was $500, and its average grant was $2,814, across 95 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Atlantic Federal Credit Union Foundation that year got $1K on average.
Where does Atlantic Federal Credit Union Foundation give grants?
Atlantic Federal Credit Union Foundation gives mostly in Maine: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (7%). The most frequent recipient cities were Brunswick, ME (16 grants), Portland, ME (15 grants), Biddeford, ME (9 grants) and Sanford, ME (5 grants).
Does Atlantic Federal Credit Union Foundation give general operating support?
Yes: 96% of Atlantic Federal Credit Union Foundation's 2025 grants with a stated purpose (91 of 95) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarship" (3 grants).
Who are Atlantic Federal Credit Union Foundation's largest grantees?
Atlantic Federal Credit Union Foundation's largest 2025 grantees include Maine Credit Unions' Campaign for Ending Hunger ($128,023), Boys & Girls Clubs of Southern Maine ($20,500) and York County Community Action Corp ($15,500), according to its 2025 IRS Form 990-PF. Together they received 61% of its itemized 2025 grant dollars.
How large is Atlantic Federal Credit Union Foundation?
Atlantic Federal Credit Union Foundation reported $2.7M in total assets on its 2025 IRS Form 990-PF. It paid out $269K in qualifying distributions that year, against a required minimum of $125K (roughly 5% of its investment assets).
What does Atlantic Federal Credit Union Foundation fund?
The foundation’s filing describes its activity as awarding scholarships and grants to individuals and qualifying organizations in communities served by the credit union; it does not state a separate mission. See mission & focus areas ↑
How do I apply for a grant from Atlantic Federal Credit Union Foundation?
Atlantic Federal Credit Union Foundation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Atlantic Federal Credit Union Foundation's EIN?
Atlantic Federal Credit Union Foundation's EIN (Employer Identification Number) is 86-2316892. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in Atlantic Federal Credit Union Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Atlantic Federal Credit Union Foundation funder profile. GrantGraph. Retrieved October 6, 2026, from https://grantable.co/funders/atlantic-federal-credit-union-foundation-morg_41631a5a11aa424aa1a8cb6010472939
BibTeX
@misc{grantable_862316892_2026,
author = {{Grantable}},
title = {{Atlantic Federal Credit Union Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/atlantic-federal-credit-union-foundation-morg_41631a5a11aa424aa1a8cb6010472939},
note = {Accessed 2026-10-06. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Atlantic Federal Credit Union Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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