Bangor YMCA Foundation
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.
Bangor YMCA Foundation at a glance
In short: Bangor YMCA Foundation gave $141K across 1 grant in 2024 (avg $141K), mostly in Maine. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $140,641
- +205.7% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $140,641
- +205.7% vs 2023
- Median grant
- $140,641
- Total assets
- $2,286,622
- +15.1% vs 2023
- Primary geography
- Maine (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Bangor YMCA Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Bangor Y ($141K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Bangor YMCA Foundation gives
- Giving grew 603% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $20K (2021) to $141K (2024). In 2024 it made 1 grant totaling $141K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bangor Y Bangor, ME | Capital Needs | $140,641 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $2,286,622 | $219,473 | $151,170 | $140,641 | 1 | $197,803 |
| 2023 | $1,987,087 | $98,762 | $55,456 | $46,000 | 1 | $84,397 |
| 2022 | $1,727,643 | $45,539 | $35,189 | $25,000 | 1 | $35,689 |
| 2021 | $2,243,717 | $302,825 | $32,898 | $20,000 | 1 | $295,775 |
| 2020 | $2,009,159 | $187,170 | $51,676 | $37,000 | 1 | $180,220 |
About Bangor YMCA Foundation
Based on IRS filings
Bangor YMCA Foundation is a public charity 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 grant totaling $141K. Net investment income was $198K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Bangor YMCA Foundation is led by Douglas Farnham, President on every filing since 2020; none of the 13 officers listed in 2024 report compensation.
Officers on the 2024 filing
Douglas Farnham
President
On filings since 2020
1.5 hrs/week
No compensation reported
Bruce Nickerson
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Paul Means
Trustee
On filings since 2020
1 hr/week
No compensation reported
Rich Armstrong
Trustee
On filings since 2020
1 hr/week
No compensation reported
Tammy Higgins
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Tyler Smith
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
William Lucy
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Bill Demaso
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Diane Dickerson
Secretary
On filings since 2020
1 hr/week
No compensation reported
Hans Peterson
Clerk
On filings since 2020
0.3 hrs/week
No compensation reported
Neil Mackay
Secretary
On filings since 2020
5 hrs/week
No compensation reported
Paul Newman
Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
Sally Arata
Vice President
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Willard C. Farnham (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "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 YMCA Foundation
How much does Bangor YMCA Foundation give each year?
Bangor YMCA Foundation gave $141K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $46K across 1 grant.
How large is Bangor YMCA Foundation?
Bangor YMCA Foundation reported $2.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $219K.
What is Bangor YMCA Foundation?
Bangor YMCA Foundation is a public charity focused on Human Services, based in Bangor, ME. It holds $2.3M in total assets as of 2024.
Where does Bangor YMCA Foundation operate?
Bangor YMCA Foundation has awarded grants in Maine.
What is Bangor YMCA Foundation's EIN?
Bangor YMCA Foundation's EIN (Employer Identification Number) is 01-6013485. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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