Bangor Theological Seminary is a private foundation focused on Religion Related, based in Portland, ME. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $22.4M in total assets. In 2025, it awarded 3 grants totaling $11K. Net investment income was $1.3M.
Key facts about Bangor Theological Seminary
- EIN
- 01-0211484
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $11,000
- Grants made (2025)
- 3
- Average grant
- $3,667
- Median grant
- $5,000
- Total assets
- $22,420,452
- Primary geography
- Maine (91% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Bangor Theological Seminary funds
By grant dollars, the top recipient states for Bangor Theological Seminary's 3 itemized 2025 grants were Maine (91%) and North Carolina (9%). None of its 3 grants with a stated purpose were described as general or operating support.
How Bangor Theological Seminary gives
- In 2022 it paid out 76% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Bangor Theological Seminary
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$22.4M
+5.0% YoY
Annual Giving
$11K
Grant Count
3
Avg Grant Size
$4K
About Bangor Theological Seminary
Based on IRS filings
Bangor Theological Seminary is a private foundation focused on Religion Related, based in Portland, ME. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $22.4M in total assets. In 2025, it awarded 3 grants totaling $11K. Net investment income was $1.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $22,420,452 | $21,345,380 | $19,264,884 |
| Revenue | $535,028 | $525,491 | $-467,021 |
| Expenses | $1,135,481 | $941,532 | $921,017 |
| Qualifying Distributions | $1,123,038 | $792,089 | $1,028,855 |
| Net Investment Income | $1,315,928 | $823,404 | $664,130 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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 2025
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Cornerstone Fund Mission Giving - Maine Conference UCC Pilgrim Lodge ($5,000), Cornerstone Fund Mission Giving- ME Conference UCC Maine School of Ministry ($5,000), MountainTrue ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Cornerstone Fund Mission Giving - Maine Conference UCC Pilgrim Lodge West Gardner, ME | Charitable Donation | $5,000 |
| Cornerstone Fund Mission Giving- ME Conference UCC Maine School of Ministry Augusta, ME | Charitable Donation | $5,000 |
| MountainTrue Asheville, NC | Hurricane Helene donation | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Debra L Coyman | Chair | 1 | — |
| Rev Dr Paul Shupe | Secretary | 1 | — |
| Greg Rose | Treasurer | 1 | — |
| Rev Alex Shea Will | Trustee | 1 | — |
| Rev June Cooper | Trustee | 1 | — |
| Rev John Edgerton | Trustee | 1 | — |
| Rev Dr Eric Elnes | Trustee | 1 | — |
| Rev Dr James Gertmenian | Trustee | 1 | — |
| Ophelia Hu Kinney | Trustee | 1 | — |
| Lyman Jackson | Trustee | 1 | — |
| Rev Dr Kapya John Kaoma | Trustee | 1 | — |
| Rev Dr Andi Lloyd | Trustee | 1 | — |
| Dr Elizabeth Parsons | Trustee | 1 | — |
| Sumaiya Zama | Trustee | 1 | — |
| Rev Allen Ewing Merrill | Executive Director | 40 | $128,632 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bangor Theological Seminary?
Bangor Theological Seminary is a private foundation focused on Religion Related, based in Portland, ME. It holds $22.4M in total assets as of 2025.
How large is Bangor Theological Seminary?
As of 2025, Bangor Theological Seminary holds $22.4M in total assets with $535K in annual revenue. It awarded 3 grants totaling $11K in 2025.
Where does Bangor Theological Seminary operate?
Bangor Theological Seminary has awarded grants in Alabama, California, District of Columbia, Massachusetts, Maine, North Carolina.
What size grants does Bangor Theological Seminary award?
In 2025, Bangor Theological Seminary awarded 3 grants totaling $11K — an average of about $4K per grant, based on its IRS Form 990 filings.
What is Bangor Theological Seminary's EIN?
Bangor Theological Seminary's EIN (Employer Identification Number) is 01-0211484. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.