David & Linda Pence Charitable Trust
David & Linda Pence Charitable Trust is a private foundation, based in Portland, ME. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $460K in total assets. In 2025, it awarded 1 grant totaling $20K. Net investment income was $56K.
David & Linda Pence Charitable Trust at a glance
In short: David & Linda Pence Charitable Trust gave $20K across 1 grant in 2025 (avg $20K), mostly in Maine. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $20,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $20,000
- +0.0% vs 2024
- Median grant
- $20,000
- Total assets
- $459,834
- +7.2% vs 2024
- Primary geography
- Maine (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who David & Linda Pence Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Town of Springvale Maine ($20K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How David & Linda Pence Charitable Trust gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 90% 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
From 2021 to 2025, annual grant giving ranged from $20K (2021) to $20K (2025). In 2025 it made 1 grant totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Town of Springvale Maine Sanford, ME | General Fund | $20,000 |
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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 | $459,834 | $60,641 | $29,704 | $20,000 | 1 | $25,271 | $56,470 | $28,028 |
| 2024 | $428,897 | $19,893 | $29,046 | $20,000 | 1 | $24,993 | $15,937 | $26,886 |
| 2023 | $438,050 | $16,424 | $28,543 | $20,000 | 1 | $24,678 | $12,714 | $25,590 |
| 2022 | $450,169 | $23,954 | $29,849 | $20,000 | 1 | $25,321 | $19,785 | $28,984 |
| 2021 | $456,064 | $30,699 | $28,672 | $20,000 | 1 | — | $26,877 | $27,376 |
Under IRS private-foundation payout rules, David & Linda Pence Charitable Trust reported a distributable amount of $28K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
David & Linda Pence Charitable Trust is led by Spinnaker Trust, Trustee on every filing since 2021 — the only officer listed, and compensated.
Officers on the 2025 filing
Spinnaker Trust
Trustee
On filings since 2021
1 hr/week
$7K (2021) → $7K (2025)
Data from IRS Form 990 filings, 2021–2025. "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 $7K, to Spinnaker Trust (Trustee).
Frequently asked questions about David & Linda Pence Charitable Trust
How much does David & Linda Pence Charitable Trust give each year?
David & Linda Pence Charitable Trust gave $20K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 1 grant.
How large is David & Linda Pence Charitable Trust?
David & Linda Pence Charitable Trust reported $460K in total assets on its 2025 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $28K (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 David & Linda Pence Charitable Trust operate?
David & Linda Pence Charitable Trust has awarded grants in Maine.
What is David & Linda Pence Charitable Trust's EIN?
David & Linda Pence Charitable Trust's EIN (Employer Identification Number) is 83-6549427. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in David & Linda Pence Charitable Trust's focus areas in our free grants database
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Cite this profile
Grantable. (2026). David & Linda Pence Charitable Trust funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/david-and-linda-pence-charitable-trust-morg_858691fcdd374597820e073b8d9b592c
BibTeX
@misc{grantable_836549427_2026,
author = {{Grantable}},
title = {{David \& Linda Pence Charitable Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/david-and-linda-pence-charitable-trust-morg_858691fcdd374597820e073b8d9b592c},
note = {Accessed 2026-10-04. 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 David & Linda Pence Charitable 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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