Homer Family Foundation
Homer Family Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 11 grants totaling $147K. Net investment income was $20K.
Key facts about Homer Family Foundation
In short: Homer Family Foundation gave $147K across 11 grants in 2024 (avg $13K), top state Maine. 20% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 26-2702233
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $146,725
- Grants made (2024)
- 11
- Average grant
- $13,339
- Median grant
- $1,500
- New grantees (estimate)
- 20% first-time grantees (2 of 10, 2024)
- Total assets
- $1,546,294
- Primary geography
- Maine (47% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-10.1% YoY
Annual Giving
$147K
+42.3% YoY
Grant Count
11
-15.4% YoY
Avg Grant Size
$13K
+68.2% YoY
Under IRS private-foundation payout rules, Homer Family Foundation reported a distributable amount of $89K for 2024 — the minimum it must pay out in qualifying distributions.
Is Homer Family Foundation open to new grantees?
20%
first-time grantees, 2024
In 2024, 2 of 10 grantees (20%) were first-time recipients. First grants averaged $20K; repeat grants $13K. How we count
Medians: $20K first-time, $750 repeat.
- 60% of 2024 grantees were also funded in 2023. Method
- Giving grew 21% from 2021 to 2024. Method
- In 2024 it paid out 182% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2024 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $51K (2020) to $147K (2024). In 2024 it made 11 grants totaling $147K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Kennebunk Beach Improvement Association ($53K across 2 grants). Together the top 10 received $147K.
Grant Size Distribution
57 grants across all recorded years
The most common grant size was under $50K: 52 grants of 57 (91%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kennebunk Beach Improvement Association Kennebunk, ME | Playground restoration fund due to storm | $50,000 |
| University of New Hampshire Foundation Incorporate Durham, NH | Northeast Passage Youth Sled Hockey | $50,000 |
| FBXO31 Foundation Austin, TX | General & Unrestricted | $25,000 |
| Special Surfers Saco, ME | General & Unrestricted | $15,000 |
| Kennebunk Beach Improvement Association Kennebunk, ME | General & Unrestricted | $2,675 |
| The Woody Foundation Inc Coral Gables, FL | Charitable Event | $1,500 |
| Belmont Hill School Inc Belmont, MA | General & Unrestricted | $1,000 |
| Loon Echo Land Trust Inc Bridgton, ME | General & Unrestricted | $500 |
| World of Change Portland, ME | General & Unrestricted | $500 |
| Louis T Graves Memorial Public Library Association Kennebunkport, ME | General & Unrestricted | $300 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,546,294 | $1,720,325 | $1,914,104 |
| Revenue | $1,113 | $62,648 | $-62,123 |
| Expenses | $175,144 | $129,036 | $122,917 |
| Qualifying Distributions | $161,115 | $114,458 | $91,224 |
| Net Investment Income | $19,659 | $29,437 | $22,168 |
| Distributable Amount | $88,576 | $81,478 | $82,426 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Homer Family Foundation is led by Chester E Homer III, Director, President & Secretary on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Chester E Homer III
Director, President & Secretary
On filings since 2020
5 hrs/week
No compensation reported
Shirley Homer
Vice President & Director
On filings since 2020
1 hr/week
No compensation reported
Geoffrey Homer
Vice President
On filings since 2020
1 hr/week
No compensation reported
Kristin Homer
Vice President
On filings since 2020
1 hr/week
No compensation reported
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.
Frequently asked questions about Homer Family Foundation
How much does Homer Family Foundation give each year?
Homer Family Foundation gave $147K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $103K across 13 grants.
What is Homer Family Foundation's typical grant size?
Homer Family Foundation's median grant in 2024 was $1,500, and its average grant was $13,339, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Homer Family Foundation that year got $20K on average.
Where does Homer Family Foundation give grants?
Homer Family Foundation's top state is Maine, with 47% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New Hampshire (34%) and Texas (17%). The most frequent recipient cities were Kennebunk, ME (2 grants).
Does Homer Family Foundation give general operating support?
Yes: 64% of Homer Family Foundation's 2024 grants with a stated purpose (7 of 11) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Homer Family Foundation's largest grantees?
Homer Family Foundation's largest 2024 grantees include Kennebunk Beach Improvement Association ($52,675 across 2 grants), University of New Hampshire Foundation Incorporate ($50,000) and FBXO31 Foundation ($25,000), according to its 2024 IRS Form 990-PF. Together they received 87% of its itemized 2024 grant dollars.
How large is Homer Family Foundation?
Homer Family Foundation reported $1.5M in total assets on its 2024 IRS Form 990-PF. It paid out $161K in qualifying distributions that year, against a required minimum of $89K (roughly 5% of its investment assets).
What is Homer Family Foundation's EIN?
Homer Family Foundation's EIN (Employer Identification Number) is 26-2702233. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Homer Family Foundation by hand.
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