Bangor Fuel Society
Bangor Fuel Society is a private foundation, based in BANGOR, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $676K in total assets. In 2024, it awarded 3 grants totaling $90K. Net investment income was $34K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$676K
-7.2% YoY
Annual Giving
$90K
+19.9% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$30K
+19.9% YoY
Under IRS private-foundation payout rules, Bangor Fuel Society reported a distributable amount of $78K for 2024 — the minimum it must pay out in qualifying distributions.
About Bangor Fuel Society
Based on IRS filings
Bangor Fuel Society is a private foundation, based in BANGOR, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $676K in total assets. In 2024, it awarded 3 grants totaling $90K. Net investment income was $34K.
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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 | $675,822 | $728,187 | $767,481 |
| Revenue | $38,738 | $36,769 | $38,753 |
| Expenses | $91,104 | $76,063 | $62,710 |
| Qualifying Distributions | $89,509 | $74,674 | $61,074 |
| Net Investment Income | $33,902 | $28,917 | $32,677 |
| Distributable Amount | $77,530 | $71,155 | $72,280 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various Individual Fuel Recipients Receiving Benefits During the Year ($68,761), Individual Fuel Recipients Receiving Benefits Through Fuel Voucher Program ($11,266), Individual Fuel Recipients Receiving Benefits Through Fuel Voucher Program ($9,482).
| Recipient | Purpose | Amount |
|---|---|---|
| INDIVIDUAL FUEL RECIPIENTS RECEIVING BENEFITS THROUGH FUEL VOUCHER PROGRAM BANGOR, ME | WINTER HEATING FUEL | $9,482 |
| INDIVIDUAL FUEL RECIPIENTS RECEIVING BENEFITS THROUGH FUEL VOUCHER PROGRAM BANGOR, ME | WINTER HEATING FUEL | $11,266 |
| VARIOUS INDIVIDUAL FUEL RECIPIENTS RECEIVING BENEFITS DURING THE YEAR BANGOR, ME | WINTER HEATING FUEL | $68,761 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CALVIN E TRUE | TREASURER | 1 | — |
| JULIE WILLIAMS | TRUSTEE | 1 | — |
| LEE CHICK | SECRETARY | 1 | — |
| BENJAMIN CARLISLE | TRUSTEE | 1 | — |
| NATHANIEL S PUTNAM | PRESIDENT | 1 | — |
| MARTHA NEWMAN | TRUSTEE | 1 | — |
| BRAD COFFEY | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Bangor Fuel Society?
As of 2024, Bangor Fuel Society holds $676K in total assets with $39K in annual revenue. It awarded 3 grants totaling $90K in 2024.
Where does Bangor Fuel Society operate?
Bangor Fuel Society has awarded grants in Maine.
What size grants does Bangor Fuel Society award?
In 2024, Bangor Fuel Society awarded 3 grants totaling $90K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Bangor Fuel Society required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bangor Fuel Society reported a distributable amount of $78K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bangor Fuel Society's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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