Bangor Fuel Society

Private foundation · Grantmaker Bangor, ME EIN: 01-6010608

Bangor Fuel Society is a private foundation, based in Bangor, ME. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $622K in total assets. In 2025, it awarded 3 grants totaling $91K. Net investment income was $33K.

Bangor Fuel Society at a glance

In short: Bangor Fuel Society gave $91K across 3 grants in 2025 (avg $30K), mostly in Maine. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$90,823
+1.5% vs 2024
Grants made (2025)
3
+0.0% vs 2024
Average grant
$30,274
+1.5% vs 2024
Median grant
$18,601
Total assets
$621,950
-8.0% vs 2024
Primary geography
Maine (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated November 2026.

Who Bangor Fuel Society funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Individual Fuel Recipients Receiving Benefits Through Fuel Voucher Program: $34K across 2 grantsIndividual Fuel RecipientsReceiving Benefits Through…$34K · 2 grants

The largest 2025 recipient was Individual Fuel Recipients Receiving Benefits Through Fuel Voucher Program ($34K across 2 grants).

Grant Size Distribution

13 grants across all recorded years

10<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 13 (77%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

Bangor

How Bangor Fuel Society gives

  • Giving grew 49% from 2022 to 2025. Method
  • In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grant2020 2 grants2021 2 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $51K (2021) to $91K (2025). In 2025 it made 3 grants totaling $91K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Various Individual Fuel Recipients Receiving Benefits During the Year Bangor, MEWinter Heating Fuel$56,782
Individual Fuel Recipients Receiving Benefits Through Fuel Voucher Program Bangor, MEWinter Heating Fuel$18,601
Individual Fuel Recipients Receiving Benefits Through Fuel Voucher Program Bangor, MEWinter Heating Fuel$15,440
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$621,950$38,262$92,134$90,8233$90,823$33,426$79,865
2024$675,822$38,738$91,104$89,5093$89,509$33,902$77,530
2023$728,187$36,769$76,063$74,6743$74,674$28,917$71,155
2022$767,481$38,753$62,710$61,0742$61,074$32,677$72,280
2021$791,438$80,802$52,013$50,6662—$32,608$70,189
2020$762,898$34,901$85,427$82,0571—$29,046$62,327

Under IRS private-foundation payout rules, Bangor Fuel Society reported a distributable amount of $80K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Bangor Fuel Society is led by Nathaniel S. Putnam, President on every filing since 2020; none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Nathaniel S. Putnam

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Benjamin Carlisle

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Julie Williams

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Martha Newman

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brad Coffey

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Calvin E. True

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lee Chick

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: John Lord (2020) — Trustee

Data from IRS Form 990 filings, 2020–2025. "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 Bangor Fuel Society

How much does Bangor Fuel Society give each year?

Bangor Fuel Society gave $91K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $90K across 3 grants.

What is Bangor Fuel Society's typical grant size?

Bangor Fuel Society's median grant in 2025 was $18,601, and its average grant was $30,274, across 3 grants on its 2025 IRS Form 990-PF.

Where does Bangor Fuel Society give grants?

Bangor Fuel Society gives mostly in Maine: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Bangor, ME (3 grants).

Does Bangor Fuel Society give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Bangor Fuel Society's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Winter Heating Fuel" (3 grants).

How large is Bangor Fuel Society?

Bangor Fuel Society reported $622K in total assets on its 2025 IRS Form 990-PF. It paid out $91K in qualifying distributions that year, against a required minimum of $80K (roughly 5% of its investment assets).

What is Bangor Fuel Society's EIN?

Bangor Fuel Society's EIN (Employer Identification Number) is 01-6010608. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS September 9, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Bangor Fuel Society'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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