Homer Family Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 26-2702233

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

7states

Share of all 11 itemized 2024 grant dollars.

Cities

DurhamKennebunkportBelmontBridgtonPortlandCoral GablesHanoverKennebunkBurlingtonFranconiaPortsmouthDorchesterN BridgtonAustinBedfordPark CitySacoWellesley

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K6 grants202013 grants202114 grants202213 grants202311 grants2024

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

Kennebunk Beach Improvement Association: $53K across 2 grantsKennebunk Beach ImprovementAssociation$53K · 2 grantsUniversity of New Hampshire Foundation Incorporate: $50KUniversity of New HampshireFoundation Incorporate$50KFBXO31 Foundation: $25KFBXO31 Foundation$25KSpecial Surfers: $15KSpecial Surfers$15KThe Woody Foundation Inc: $2KThe Woody Foundation Inc$2KBelmont Hill School Inc: $1KBelmont Hill School Inc$1KLoon Echo Land Trust Inc: $500Loon Echo Land Trust Inc$500World of Change: $500World of Change$500Louis T Graves Memorial Public Library Association: $300Louis T Graves Memorial PublicLibrary Association$300New England Ski Museum: $250New England Ski Museum$250

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

52<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 52 grants of 57 (91%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Kennebunk Beach Improvement Association Kennebunk, MEPlayground restoration fund due to storm$50,000
University of New Hampshire Foundation Incorporate Durham, NHNortheast Passage Youth Sled Hockey$50,000
FBXO31 Foundation Austin, TXGeneral & Unrestricted$25,000
Special Surfers Saco, MEGeneral & Unrestricted$15,000
Kennebunk Beach Improvement Association Kennebunk, MEGeneral & Unrestricted$2,675
The Woody Foundation Inc Coral Gables, FLCharitable Event$1,500
Belmont Hill School Inc Belmont, MAGeneral & Unrestricted$1,000
Loon Echo Land Trust Inc Bridgton, MEGeneral & Unrestricted$500
World of Change Portland, MEGeneral & Unrestricted$500
Louis T Graves Memorial Public Library Association Kennebunkport, MEGeneral & Unrestricted$300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M20202021202220232024
Metric202420232022
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

  1. 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.

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