Bill and Joan Alfond

PORTLAND, ME EIN: 01-0421806

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$31.2M

+0.8% YoY

Annual Giving

$3.4M

+59.4% YoY

Grant Count

41

-14.6% YoY

Avg Grant Size

$84K

+86.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$7M$11M$14M20202021202220232024
Metric202420232022
Total Assets$31,178,456$30,941,597$34,441,650
Revenue$4,457,734$5,096,551$3,466,072
Expenses$4,220,875$3,288,466$2,875,760
Qualifying Distributions$3,642,366$2,338,132$1,800,712
Net Investment Income$2,675,277$3,783,140$2,626,609
Distributable Amount$3,912,082$3,622,600$3,584,431

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M28 grants202026 grants202130 grants202248 grants202341 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COLBY COLLEGE$600KKENNEBEC VALLEY COMMUNIT…$500KMASS GENERAL BRIGHAM INC…$500KBNY MELLON CHARITABLE GI…$398KMASS GENERAL BRIGHAM INC…$395KMAINE COMMUNITY FOUNDATI…$248KCHILDRENS DISCOVERY MUSEUM$200K10TH MOUNTAIN SKI CLUB$100KMAINE SCHOOL ADMINISTRAT…$94KTHOMAS COLLEGE$60K

Grant Size Distribution

173 grants across all recorded years

127<$50K18$50–100K15$100–250K6$250–500K4$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Bill and Joan Alfond fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOAN ALFONDVICE PRESIDENT, DIRECTOR7.5
GREGORY POWELL SEE GENERAL EXPLANTNTREASURER1.5
WILLIAM ALFONDPRESIDENT, DIRECTOR12.5
KENDEN ALFONDDIRECTOR1
JUSTIN ALFONDDIRECTOR1
REIS ALFONDDIRECTOR1
ELIZABETH MENARD SEE GENRL EXPLANTNSECRETARY1.5

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

6states

Cities

AuburnAugustaBelgradeBelgrade LakesBostonBozemanBrunswickByfieldCarrabassett ValleyCorinnaDedhamDexterDoverfoxcroftEastportFairfieldFort KentGardinerHanoverHinckleyMilo

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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