Charles G Strater Memorial Trust FBO Ogunquit Memorial Library

Private foundation · Grantmaker Portland, ME EIN: 04-6024650

Charles G Strater Memorial Trust FBO Ogunquit Memorial Library is a private foundation, based in Portland, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $848K in total assets. In 2024, it awarded 1 grant totaling $37K. Net investment income was $284K.

Charles G Strater Memorial Trust FBO Ogunquit Memorial Library at a glance

In short: Charles G Strater Memorial Trust FBO Ogunquit Memorial Library gave $37K across 1 grant in 2024 (avg $37K), mostly in Maine. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$37,229
+0.9% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$37,229
+0.9% vs 2023
Median grant
$37,229
Total assets
$847,721
+40.3% vs 2023
Primary geography
Maine (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who Charles G Strater Memorial Trust FBO Ogunquit Memorial Library funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Ogunquit Memorial Library: $37KOgunquit Memorial Library$37K

The largest 2024 recipient was Ogunquit Memorial Library ($37K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

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

Ogunquit

How Charles G Strater Memorial Trust FBO Ogunquit Memorial Library gives

  • Giving held roughly steady from 2021 to 2024 (+4%). Method
  • In 2024 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $34K (2020) to $41K (2022). In 2024 it made 1 grant totaling $37K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Ogunquit Memorial Library Ogunquit, MEUnrestricted General Support$37,229
Your AI grants department

Ready to take the next step with Charles G Strater Memorial Trust FBO Ogunquit Memorial Library?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$847,721$293,870$51,131$37,2291$41,111$284,366$41,910
2023$604,258$43,093$49,518$36,8971$39,635$34,710$39,967
2022$609,584$83,596$50,747$41,2281$43,443$77,268$39,112
2021$576,680$62,318$45,758$35,9211$37,770$54,822$43,077
2020$560,303$48,616$43,628$34,2331—$41,854$37,676

Under IRS private-foundation payout rules, Charles G Strater Memorial Trust FBO Ogunquit Memorial Library reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Charles G Strater Memorial Trust FBO Ogunquit Memorial Library is led by Rm Davis Co Timothy Malisa, Trustee on every filing since 2023 — the only officer listed, and compensated.

Officers on the 2024 filing

  • Rm Davis Co Timothy Malisa

    Trustee

    On filings since 2023

    $3K (2023) → $4K (2024)

Former officers (1)
  • Former: Rm Davis Co Hugh C. Judge (2020–2022) — 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.

Compensation Overview

From 2024 IRS filing

RM Davis Co Timothy Malisa — Trustee: $4KRM Davis Co Timothy…Trustee$4K

The highest reported compensation on the 2024 filing was $4K, to RM Davis Co Timothy Malisa (Trustee).

Frequently asked questions about Charles G Strater Memorial Trust FBO Ogunquit Memorial Library

How much does Charles G Strater Memorial Trust FBO Ogunquit Memorial Library give each year?

Charles G Strater Memorial Trust FBO Ogunquit Memorial Library gave $37K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $37K across 1 grant.

How large is Charles G Strater Memorial Trust FBO Ogunquit Memorial Library?

Charles G Strater Memorial Trust FBO Ogunquit Memorial Library reported $848K in total assets on its 2024 IRS Form 990-PF. It paid out $41K in qualifying distributions that year, against a required minimum of $42K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Charles G Strater Memorial Trust FBO Ogunquit Memorial Library operate?

Charles G Strater Memorial Trust FBO Ogunquit Memorial Library has awarded grants in Maine.

What is Charles G Strater Memorial Trust FBO Ogunquit Memorial Library's EIN?

Charles G Strater Memorial Trust FBO Ogunquit Memorial Library's EIN (Employer Identification Number) is 04-6024650. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Other open foundation grants in Maine

Maine Open opportunities, soonest deadline first.

Explore Open Grants

Browse active grant opportunities in Charles G Strater Memorial Trust FBO Ogunquit Memorial Library's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Maine

Maine Humanities Council

Portland, ME

The Maine Humanities Council funds public-facing humanities projects—such as exhibits, films, conferences, and community programs—rather than general operating expenses. It supports projects across Maine; 2024 grants ranged from $6,500 to $10,000, with a median of $7,500, and its website also lists smaller grant programs.

Arts, Culture & Humanities

Assets

$4.5M

Grants

17

Total Given

$130K

Fletcher Family Charitable Foundation

Boston, MA

The Fletcher Family Charitable Foundation supports organizations in areas reflected in its grants, including arts, education, preservation, hunger relief, and coastal communities. In 2025, it made 30 grants totaling $253,676, with a median grant of $5,000 and awards ranging from $1,000 to $56,676; most funding went to organizations in Massachusetts, Florida, and Maine. It gives only to preselected charitable organizations and does not accept unsolicited requests.

Assets

$112K

Grants

30

Total Given

$254K

A Caring Community Inc

Kittery, ME

A Caring Community supports local 501(c)(3) charities in the Seacoast area of Maine and New Hampshire, funding work in areas such as arts, education, conservation, health, food assistance, and services for women, children, and veterans. In 2025, its 38 grants ranged from $6,070 to $18,460, with a median of $8,688. It accepts applications: eligible organizations can request an application at The Fabulous Find during store hours.

Human Services

Assets

$825K

Grants

38

Total Given

$386K

Stephen & Tabitha King Foundation Inc

New York, NY

The foundation supports Maine community initiatives, especially in libraries, literacy, community health, and arts and culture, with particular interest in underserved people and the Greater Bangor region. Its 2024 grants ranged from $500 to $800,000, with a median of $20,000; for its limited 2026 opportunity, eligible Maine public libraries and public safety organizations may request up to $50,000. It does not accept unsolicited requests; other organizations are asked to wait until 2027.

Assets

$16.2M

Grants

217

Total Given

$6.6M

Maine Community Foundation Inc

Ellsworth, ME

Maine Community Foundation supports nonprofits and communities in Maine through grants for areas such as community building, arts, land and water, housing, and equity, as well as scholarships. Its 2024 grants had a median amount of $17,500, though awards varied widely. The profile describes online applications for competitive grants but does not state whether unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$807.6M

Grants

1,161

Total Given

$57.6M

TD Charitable Foundation

Portland, ME

TD Charitable Foundation funds education, human services, housing and eviction prevention, nonprofit training, and community initiatives, with emphasis on inclusion and underserved and low-to-moderate-income communities. Its 2025 grants ranged from $300 to $250,000, with a median of $10,000; its filing lists a typical award range of $135–$475,000. It focuses primarily on Florida, New Jersey, and New York, and its 2023 filing says applications are available online; applicants must be eligible 501(c)(3) public charities in states with a TD Bank branch.

Philanthropy, Voluntarism & Grantmaking

Assets

$9.1M

Grants

1,003

Total Given

$24.9M

More similar funders

More Funders in Maine

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Charles G Strater Memorial Trust FBO Ogunquit Memorial Library'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.

Charles G Strater Memorial Trust FBO Ogunquit Memorial Library down — hundreds of funders to go?

Want AI to do this for you?