Clarence E Mulford Trust
The Clarence E Mulford Trust is a private foundation established in 1965 and based in Fryeburg, Maine. The organization operates as a grantmaking entity focused on supporting local and regional initiatives through philanthropic funding.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.7M
+2.4% YoY
Annual Giving
$833K
+15.1% YoY
Grant Count
21
+0.0% YoY
Avg Grant Size
$40K
+15.1% YoY
Mission & Focus Areas
The trust primarily funds operating cost support, youth substance abuse programs, security of premises, program support and operating costs, landscaping and beautification, and general fund and administrative support.
Grantmaking
The trust made 18 grants in 2023. Recent grants include:
Grant Range
s, with awards spanning from approximately $20,000 to over $480,000.
Ready to take the next step with Clarence E Mulford Trust?
Geographic Focus
Where this funder awards grants
The trust focuses its grantmaking in the Fryeburg, Maine area and surrounding communities in western Maine.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $4,614,199
- Total Revenues: $635,314
- Total Expenses: $805,805
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,727,194 | $4,614,199 | $4,842,581 |
| Revenue | $929,636 | $635,314 | $798,284 |
| Expenses | $913,055 | $805,805 | $834,051 |
| Qualifying Distributions | $868,830 | $758,396 | $776,269 |
| Net Investment Income | $885,411 | $587,905 | $740,502 |
| Distributable Amount | $832,727 | $758,604 | $778,467 |
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
95 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The trust is managed by co-trustees Peter G Hastings and David R Hastings II, with David R Hastings II also serving as trustee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANDREW P PIERCE | CO-TRUSTEE | 5 | $35,630 |
| DAVID R HASTINGS III | CO-TRUSTEE | 5 | $35,630 |
Related Funders
Similar funders by location and focus area
Grand Chapter of Maine Order of the Eastern Star
AUGUSTA, ME
Assets
$2.9M
Grants
1
Total Given
$5K
Bangor Theological Seminary
PORTLAND, ME
Assets
$22.4M
Grants
3
Total Given
$11K
Maine Hospital Association Inc
AUGUSTA, ME
Assets
$8.0M
Grants
1
Total Given
$10K
Bowery Beach School Bldg Maintenance Tr
SOUTH PORTLAND, ME
Assets
$29K
Grants
0
Total Given
—
United Way of Tri Vally Area
FARMINGTON, ME
Assets
$306K
Grants
13
Total Given
$77K
Elmina B Sewall Foundation
FREEPORT, ME
Assets
$164.8M
Grants
296
Total Given
$14.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Clarence E Mulford Trust on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities