Franco-American Education Foundation
Franco-American Education Foundation is a private foundation, based in Lewiston, ME. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.2M in total assets. In 2025, it awarded 1 grant totaling $198K. Net investment income was $103K.
Franco-American Education Foundation at a glance
In short: Franco-American Education Foundation gave $198K across 1 grant in 2025 (avg $198K), mostly in Maine. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $198,250
- -38.8% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $198,250
- -38.8% vs 2024
- Median grant
- $198,250
- Total assets
- $5,230,960
- +10.0% 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 Franco-American Education Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 5 (80%).
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 Franco-American Education Foundation gives
- Giving held roughly steady from 2022 to 2025 (−7%). Method
- In 2025 it paid out 93% 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 2019 to 2025, annual grant giving ranged from $171K (2019) to $324K (2024). In 2025 it made 1 grant totaling $198K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $198,250 |
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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 | $5,230,960 | $121,184 | $225,323 | $198,250 | 1 | $225,323 | $102,720 | $242,855 |
| 2024 | $4,755,025 | $129,793 | $355,991 | $324,000 | 1 | $355,991 | $97,802 | $228,590 |
| 2023 | $4,544,301 | $447,441 | $255,898 | $222,680 | 1 | $255,898 | $414,223 | $210,312 |
| 2022 | $4,302,686 | $-139,567 | $254,004 | $212,750 | 1 | $254,004 | $46,347 | $222,819 |
| 2021 | $5,228,260 | $277,707 | $262,018 | $230,250 | 1 | $262,018 | $245,939 | $243,122 |
| 2020 | $4,851,389 | $105,825 | $230,371 | $200,500 | 1 | — | $75,954 | $219,173 |
| 2019 | $4,755,006 | $269,039 | $201,979 | $171,250 | 1 | — | $238,310 | $195,779 |
Under IRS private-foundation payout rules, Franco-American Education Foundation reported a distributable amount of $243K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Franco-American Education Foundation is led by Susan Lagueux, President on every filing since 2019; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Susan Lagueux
President
On filings since 2019
2 hrs/week
No compensation reported
Roger Couturier
Director
On filings since 2019
2 hrs/week
No compensation reported
Camden Martin
Director
On filings since 2022
2 hrs/week
No compensation reported
Jeffrey Gosselin
Director
On filings since 2022
2 hrs/week
No compensation reported
Renee Bissonnette
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Gisele Couturier
Secretary
On filings since 2019
2 hrs/week
No compensation reported
Rachel Maier
Treasurer
Vice President → Treasurer, 2025
On filings since 2019
2 hrs/week
No compensation reported
Former officers (2)
- Former: Jeannine Tardif (2019–2024) — Director
- Former: Monique Couturier (2019–2024) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Franco-American Education Foundation
How much does Franco-American Education Foundation give each year?
Franco-American Education Foundation gave $198K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $324K across 1 grant.
How large is Franco-American Education Foundation?
Franco-American Education Foundation reported $5.2M in total assets on its 2025 IRS Form 990-PF. It paid out $225K in qualifying distributions that year, against a required minimum of $243K (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 Franco-American Education Foundation operate?
Franco-American Education Foundation has awarded grants in Maine.
What is Franco-American Education Foundation's EIN?
Franco-American Education Foundation's EIN (Employer Identification Number) is 26-1720768. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 1, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Franco-American Education Foundation funds
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