Biddeford and Mechanics Savings is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUBURN, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $108K in total assets. In 2024, it awarded 26 grants totaling $183K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$108K
-59.9% YoY
Annual Giving
$183K
+34.4% YoY
Grant Count
26
+13.0% YoY
Avg Grant Size
$7K
+18.9% YoY
Under IRS private-foundation payout rules, Biddeford and Mechanics Savings reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Biddeford and Mechanics Savings
Based on IRS filings
Biddeford and Mechanics Savings is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUBURN, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $108K in total assets. In 2024, it awarded 26 grants totaling $183K. Net investment income was $8K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $107,693 | $268,635 | $375,386 |
| Revenue | $49,018 | $12,348 | $402,778 |
| Expenses | $184,960 | $142,707 | $122,175 |
| Qualifying Distributions | $183,910 | $137,144 | $121,225 |
| Net Investment Income | $7,568 | $11,348 | $148,702 |
| Distributable Amount | $9,259 | $15,960 | $11,040 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
134 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of Southern Maine ($30,000), My Place Teen Center ($26,667), Trinity Jubilee Center ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Biddeford Food Pantry Biddeford, ME | General Purpose | $2,500 |
| Church Community Outreach Services Kennebunk, ME | General Purpose | $2,500 |
| Community Dental Portland, ME | General Purpose | $5,000 |
| First Congregational Church of Scarborough (Food Pantry) Scarborough, ME | General Purpose | $2,500 |
| Good Shepherd Food Bank Auburn, ME | General Purpose | $2,500 |
| High Street Congregational Church (Food Pantry) Auburn, ME | General Purpose | $2,500 |
| Mainely Character Portland, ME | General Purpose | $5,000 |
| Mid Coast Hunger Prevention Program Inc Brunswick, ME | General Purpose | $2,500 |
| My Place Teen Center Westbrook, ME | General Purpose | $26,667 |
| Saco Food Pantry Saco, ME | General Purpose | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Heather Chandler | Board Member | 1 | — |
| Dan Colby | Board Member | 1 | — |
| Sandy Dolby | Board Member (end 10/2024) | 1 | — |
| Alan Hahnel | Board Member | 1 | — |
| Chris Hanks | Board Member (end 10/2024) | 1 | — |
| Gail Nason | Board Member (end 10/2024) | 1 | — |
| Jon Oxman | Board Member (end 10/2024) | 1 | — |
| Debra Roy | Board Member (end 10/2024) | 1 | — |
| Wayne Sherman | Board Member | 1 | — |
| Richard Whiting | Board Member | 1 | — |
| Jeanne Hulit | President & Board Member | 1 | — |
| Amy Landry | Chair & Board Member | 1 | — |
| Keith Jacques | Vice Chair & Board Member | 1 | — |
| Carri Brown | Treasurer | 1 | — |
| Suzanne Carney | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Biddeford and Mechanics Savings?
Biddeford and Mechanics Savings is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUBURN, ME. It holds $108K in total assets as of 2024.
How large is Biddeford and Mechanics Savings?
As of 2024, Biddeford and Mechanics Savings holds $108K in total assets with $49K in annual revenue. It awarded 26 grants totaling $183K in 2024.
Where does Biddeford and Mechanics Savings operate?
Biddeford and Mechanics Savings has awarded grants in Illinois, Maine, Virginia.
What size grants does Biddeford and Mechanics Savings award?
In 2024, Biddeford and Mechanics Savings awarded 26 grants totaling $183K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Biddeford and Mechanics Savings required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Biddeford and Mechanics Savings reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Biddeford and Mechanics Savings's EIN?
Biddeford and Mechanics Savings's EIN (Employer Identification Number) is 85-1674412. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Biddeford and Mechanics Savings'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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