TO PROVIDE STABLE AND PERMANENT SUPPORT FOR THE CAPITAL NEEDS OF THE BANGOR Y, ENSURING IT REMAINS A VITAL PART OF OUR COMMUNITY FOREVER, AND CONTINUES TO SERVE THE NEEDS OF OUR CHILDREN, TEENS, FAMILIES, AND SENIORS OF THE REGION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+15.1% YoY
Annual Giving
$141K
+205.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$141K
+205.7% YoY
About Bangor Ymca Foundation
Based on IRS filings
Bangor Ymca Foundation is a nonprofit organization focused on Human Services, based in BANGOR, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 1 grants totaling $141K. Net investment income was $198K.
Focus Areas
Ready to take the next step with Bangor Ymca Foundation?
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 | $2,286,622 | $1,987,087 | $1,727,643 |
| Revenue | $219,473 | $98,762 | $45,539 |
| Expenses | $151,170 | $55,456 | $35,189 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $197,803 | $84,397 | $35,689 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIANE DICKERSON | SECRETARY | 1 | — |
| NEIL MACKAY | SECRETARY | 5 | — |
| SALLY ARATA | VICE PRESIDE | 1 | — |
| RICH ARMSTRONG | TRUSTEE | 1 | — |
| BILL DEMASO | TRUSTEE | 0.25 | — |
| DOUGLAS FARNHAM | PRESIDENT | 1.5 | — |
| TAMMY HIGGINS | TRUSTEE | 0.25 | — |
| WILLIAM LUCY | TRUSTEE | 0.25 | — |
| PAUL MEANS | TRUSTEE | 1 | — |
| PAUL NEWMAN | TREASURER | 0.25 | — |
| BRUCE NICKERSON | TRUSTEE | 0.25 | — |
| TYLER SMITH | TRUSTEE | 0.25 | — |
| HANS PETERSON | CLERK | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Grand Chapter of Maine Order of the Eastern Star
AUGUSTA, ME
Assets
$2.9M
Grants
1
Total Given
$5K
Bangor Theological Seminary
PORTLAND, ME
Assets
$22.4M
Grants
3
Total Given
$11K
Maine Hospital Association Inc
AUGUSTA, ME
Assets
$8.0M
Grants
1
Total Given
$10K
Bowery Beach School Bldg Maintenance Tr
SOUTH PORTLAND, ME
Assets
$29K
Grants
0
Total Given
—
United Way of Tri Vally Area
FARMINGTON, ME
Assets
$306K
Grants
13
Total Given
$77K
Elmina B Sewall Foundation
FREEPORT, ME
Assets
$164.8M
Grants
296
Total Given
$14.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Bangor Ymca Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities