Bonnell Cove Foundation

CAMDEN, ME EIN: 13-3556721

Bonnell Cove Foundation is a private foundation, based in CAMDEN, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 20 grants totaling $107K. Net investment income was $39K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+10.0% YoY

Annual Giving

$107K

+10.4% YoY

Grant Count

20

+5.3% YoY

Avg Grant Size

$5K

+4.9% YoY

About Bonnell Cove Foundation

Based on IRS filings

Bonnell Cove Foundation is a private foundation, based in CAMDEN, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 20 grants totaling $107K. Net investment income was $39K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

AmesburyAnnapolisBainbridgeBathBellighamBellinghamBremanBristolBrunswickBurlingtonColorado SpringsGloucesterHyannisJuno BeachKennebunkportLarchmontMarbleheadMiamiNew HavenNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32K$64K$96K$128K20202021202220232024
Metric202420232022
Total Assets$1,594,483$1,449,832$1,319,698
Revenue$89,108$102,658$91,561
Expenses$116,805$105,732$97,218
Qualifying Distributions$112,595$102,582$93,941
Net Investment Income$39,228$56,746$44,630
Distributable Amount$74,421$67,411$70,106

Giving Over Time

Total grant dollars and number of grants per year

$0$27K$54K$80K$107K16 grants202012 grants202115 grants202219 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WOODEN BOATS FOR VETERAN…$15KBRIGS YOUTH SAIL TRAINING$10KTHE GLOUCESTER ADVENTURE…$9KBELLINGHAM BAY COMMUNITY…$5KBILLION OYSTER PROJECT INC$5KCALL OF THE SEA$5KFRIENDS OF CASCO BAY$5KVASHON MAURI ISLAND NAT$5KBROAD REACH FOUNDATION F…$5KSPAULDING WOODEN BOAT CE…$5K

Grant Size Distribution

82 grants across all recorded years

82<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Bonnell Cove Foundation

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

NameTitleHoursCompensation
JOYCE LHAMONDIRECTOR1
PAUL ROGERSTREASURER4
SHEILA MCCURDYDIRECTOR1
JW ROBERT MEDLANDPRESIDENT4
CHARLES STILLMANDIRECTOR1
JOSEPH HARRISDIRECTOR1
CHRISTOPHER OTOROWSKIBOARD MEMBER1
MAUREEN RODDYBOARD MEMBER1
CHRISTOPHER TATUMBOARD MEMBER1

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

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