Bangor YMCA Foundation

Public charity · Grantmaker Bangor, ME EIN: 01-6013485

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

Bangor Y: $141KBangor Y$141K

The largest 2024 recipient was Bangor Y ($141K).

Grant Size Distribution

5 grants across all recorded years

4<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Bangor

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

$0$50K$100K$150K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

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

RecipientPurposeAmount
Bangor Y Bangor, MECapital Needs$140,641
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$2,286,622$219,473$151,170$140,6411$197,803
2023$1,987,087$98,762$55,456$46,0001$84,397
2022$1,727,643$45,539$35,189$25,0001$35,689
2021$2,243,717$302,825$32,898$20,0001$295,775
2020$2,009,159$187,170$51,676$37,0001$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

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  6. 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 YMCA Foundation'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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