Clarence E Mulford Trust
The Clarence E Mulford Trust is a private foundation based in Fryeburg, Maine. Its 2025 grants supported organizations and public entities in Maine and New Hampshire, including a school, recreation and aviation organizations, a municipality, a fire association, cemetery associations, and a community health center.
Clarence E Mulford Trust at a glance
In short: Clarence E Mulford Trust gave $810K across 23 grants in 2025 (avg $35K), mostly in Maine. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $810,000
- -2.7% vs 2024
- Grants made (2025)
- 23
- +9.5% vs 2024
- Average grant
- $35,217
- -11.2% vs 2024
- Median grant
- $5,000
- Total assets
- $5,122,768
- +8.4% vs 2024
- New grantees (estimate)
- 13% first-time grantees (3 of 23, 2025; small sample)
- Primary geography
- Maine (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Clarence E Mulford Trust
- How to Apply
-
The filing directs applicants to contact co-trustees Andrew P Pierce and David R Hastings III. It refers to an attachment for application materials, deadlines, and award restrictions.
- Contact
Application contact: Andrew P Pierce And David R Hasting
Mailing address: Clarence E Mulford Trust PO Box 290, Fryeburg, ME 04037
Phone: (207) 935-2061
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Clarence E Mulford Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Fryeburg Academy ($549K). Together the top 10 received $770K.
Grant Size Distribution
100 grants across all recorded years
The most common grant size was under $50K: 87 grants of 100 (87%).
Geographic Focus
Where this funder awards grants
In 2025, 97% of grant dollars went to recipients in Maine and 3% to recipients in New Hampshire. Listed Maine recipients include organizations in Fryeburg; New Hampshire recipients include organizations in Conway and Albany.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
States
Cities
Is Clarence E Mulford Trust open to new grantees?
13%
first-time grantees, 2025
In 2025, 3 of 23 grantees (13%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $17K; repeat grants $38K. How we count
Medians: $5K first-time, $5K repeat.
- 61% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+9%). Method
- In 2025 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
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $610K (2020) to $833K (2024). In 2025 it made 23 grants totaling $810K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fryeburg Academy Fryeburg, ME | Gen Fund, Campus Improvements, Cirriculm Development | $548,511 |
| Fryeburg Recreation Dept Inc Fryeburg, ME | Program Support & Operating Costs | $80,000 |
| IZG Airport Authority Fryeburg, ME | Operating Cost Support, Electrical Work | $43,500 |
| Eastern Slope Aviation Authority Fryeburg, ME | Operating Cost and Support | $33,500 |
| Town of Fryeburg Maine Fryeburg, ME | Program Support & Operating Costs | $13,100 |
| Saco Valley Fire Association Fryeburg, ME | Towards Portable Radios and Related Accessories | $12,000 |
| Pine Grove Cemetery Association Fryeburg, ME | Program Support & Operating Costs | $10,500 |
| Sunshine Backpack Program Fryeburg, ME | Operation Costs | $10,000 |
| White Mountain Community Health Center Conway, NH | Operating Cost Support, Modernization Project | $10,000 |
| North Fryeburg Riverside Cemetery Association Fryeburg, ME | Program Support & Operating Costs | $8,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $5,122,768 | $1,342,391 | $901,115 | $810,000 | 23 | $846,186 | $1,287,462 | $862,902 |
| 2024 | $4,727,194 | $929,636 | $913,055 | $832,750 | 21 | $868,830 | $885,411 | $832,727 |
| 2023 | $4,614,199 | $635,314 | $805,805 | $723,300 | 21 | $758,396 | $587,905 | $758,604 |
| 2022 | $4,842,581 | $798,284 | $834,051 | $740,000 | 18 | $776,269 | $740,502 | $778,467 |
| 2021 | $4,897,273 | $944,801 | $776,979 | $699,500 | 17 | $733,964 | $901,786 | $726,991 |
| 2020 | $4,654,981 | $424,209 | $679,924 | $610,200 | 18 | — | $395,942 | $640,615 |
Under IRS private-foundation payout rules, Clarence E Mulford Trust reported a distributable amount of $863K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the trust is provided. Its 2025 grants included general fund and campus support for Fryeburg Academy; operating and program support for several recipients; and support for portable radios for the Saco Valley Fire Association.
Fryeburg Academy describes its mission as serving students and the local and global community through diverse learning opportunities, achievement, inclusivity, and responsible citizenship. White Mountain Community Health Center says it provides affordable access to high-quality, compassionate, individualized healthcare and support services. Lovell Area Food Pantry says it distributes food and necessities to individuals and families in need.
Grantmaking
In 2025, the trust made 23 grants totaling $810,000. Grant amounts ranged from $500 to $548,511, with a median grant of $5,000. The largest award was $548,511 to Fryeburg Academy for its general fund, campus improvements, and curriculum development. Other notable grants included $80,000 to Fryeburg Recreation Department Inc. for program support and operating costs; $43,500 to IZG Airport Authority for operating cost support and electrical work; and $33,500 to Eastern Slope Aviation Authority for operating cost and support.
Additional 2025 grants included $12,000 to Saco Valley Fire Association for portable radios and related accessories, $10,500 to Pine Grove Cemetery Association for program support and operating costs, and $10,000 each to Sunshine Backpack Program for operating costs and White Mountain Community Health Center for operating cost support and a modernization project.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Andrew P Pierce and David R Hastings III as co-trustees.
Clarence E Mulford Trust's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
David R. Hastings III
Co-Trustee
On filings since 2020
5 hrs/week
$35K (2020) → $36K (2025)
Andrew P. Pierce
Co-Trustee
On filings since 2022
5 hrs/week
$36K (2022) → $36K (2025)
Former officers (1)
- Former: Peter G. Hastings (2020–2021) — Co-Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $36K, to Andrew P Pierce (Co-Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Clarence E Mulford Trust
How much does Clarence E Mulford Trust give each year?
Clarence E Mulford Trust gave $810K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $833K across 21 grants.
What is Clarence E Mulford Trust's typical grant size?
Clarence E Mulford Trust's median grant in 2025 was $5,000, and its average grant was $35,217, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Clarence E Mulford Trust that year got $17K on average.
Where does Clarence E Mulford Trust give grants?
Clarence E Mulford Trust gives mostly in Maine: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fryeburg, ME (14 grants), Conway, NH (3 grants) and Brownfield, ME (2 grants).
Does Clarence E Mulford Trust give general operating support?
Yes: 61% of Clarence E Mulford Trust's 2025 grants with a stated purpose (14 of 23) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Clarence E Mulford Trust's largest grantees?
Clarence E Mulford Trust's largest 2025 grantees include Fryeburg Academy ($548,511), Fryeburg Recreation Dept Inc ($80,000) and IZG Airport Authority ($43,500), according to its 2025 IRS Form 990-PF. Together they received 83% of its itemized 2025 grant dollars.
How large is Clarence E Mulford Trust?
Clarence E Mulford Trust reported $5.1M in total assets on its 2025 IRS Form 990-PF. It paid out $846K in qualifying distributions that year, against a required minimum of $863K (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.
What does Clarence E Mulford Trust fund?
No mission statement for the trust is provided. Its 2025 grants included general fund and campus support for Fryeburg Academy; operating and program support for several recipients; and support for portable radios for the Saco Valley Fire Association. See mission & focus areas ↑
How do I apply for a grant from Clarence E Mulford Trust?
The filing directs applicants to contact co-trustees Andrew P Pierce and David R Hastings III. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Clarence E Mulford Trust's EIN?
Clarence E Mulford Trust's EIN (Employer Identification Number) is 01-0247548. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 22, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 31, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 20, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
Explore Open Grants
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Cite this profile
Grantable. (2026). Clarence E Mulford Trust funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/clarence-e-mulford-trust-morg_b98cc88619c74e899d5e451e4bd392a7
BibTeX
@misc{grantable_010247548_2026,
author = {{Grantable}},
title = {{Clarence E Mulford Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/clarence-e-mulford-trust-morg_b98cc88619c74e899d5e451e4bd392a7},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Clarence E Mulford Trust'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.
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