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Island Institute

Foundation · Grantmaker Rockland, ME EIN: 22-2786731 Website

We boldly navigate climate and economic change with island and coastal communities to expand opportunities and deliver solutions.

Key facts about Island Institute

EIN
22-2786731
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$442,040
Grants made (2025)
13
Average grant
$34,003
Median grant
$15,000
New grantees (estimate)
50% first-time grantees (5 of 10, 2025)
Total assets
$41,936,593
Primary geography
Maine (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Island Institute funds

By grant dollars, the top recipient states for Island Institute's 13 itemized 2025 grants were Maine (100%). The most frequent recipient cities were Isle Au Haut, ME (2 grants) and Islesboro, ME (2 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "ShoreUp planning grant" (5 grants) and "Broadband pass-through" (3 grants).

Is Island Institute open to new grantees?

50%

first-time grantees, 2025

In 2025, 5 of 10 grantees (50%) were first-time recipients. First grants averaged $21K; repeat grants $54K. How we count

Medians: $15K first-time, $13K repeat.

  • 40% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−13%). Method

Estimate from itemized IRS Form 990-PF grant lists (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Island Institute

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$41.9M

+9.2% YoY

Annual Giving

$442K

+124.3% YoY

Grant Count

13

+0.0% YoY

Avg Grant Size

$34K

+124.3% YoY

About Island Institute

Based on IRS filings

Island Institute is a nonprofit organization focused on Education, based in Rockland, ME. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $41.9M in total assets. In 2025, it awarded 13 grants totaling $442K. Net investment income was $1.7M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 13 itemized 2025 grant dollars.

Cities

DamariscottaEllsworthMonheganSwans IslandBremenIslesboroPortlandSacoVinalhavenBrooksvilleEastportFrenchboroIsle au HautMachiasSouthportBiddefordBrooklynBrunswickNorth HavenRoque Bluffs

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M2019202020212022202320242025
Metric202520242023
Total Assets$41,936,593$38,393,601$36,646,542
Revenue$10,979,742$7,730,757$11,333,497
Expenses$9,688,901$9,092,114$8,955,717
Qualifying Distributions———
Net Investment Income$1,714,120$1,250,595$3,947,132
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$302K$604K$907K$1M12 grants201915 grants202015 grants202112 grants202218 grants202313 grants202413 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Luke's Lobster Holding LLC: $181KLuke's Lobster Holding LLC$181KTown of Isle au Haut: $53K across 2 grantsTown of Isle au Haut$53K · 2 grantsEastport Energy Committee: $44KEastport Energy Committee$44KPendleton Yacht Yard: $40KPendleton Yacht Yard$40KMaine Ocean Farms LLC: $30KMaine Ocean Farms LLC$30KMatinicus Isle Plantation: $20KMatinicus Isle Plantation$20KFoundation for Strong Maine Economy: $15KFoundation for Strong MaineEconomy$15KTown of Tremont: $15KTown of Tremont$15KHancock County Planning Commission: $13KHancock County PlanningCommission$13KMidcoast Council of Governments: $13KMidcoast Council ofGovernments$13K

Grant Size Distribution

71 grants across all recorded years

65<$50K2$50–100K1$100–250K1$250–500K1$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Luke's Lobster Holding LLC ($180,811), Town of Isle au Haut ($52,500 across 2 grants), Eastport Energy Committee ($43,729).

RecipientPurposeAmount
Luke's Lobster Holding LLC Saco, MELift all Boats pass-through$180,811
Eastport Energy Committee Eastport, MEClimate Planning$43,729
Pendleton Yacht Yard Islesboro, MEElectric boat forgivable loan$40,000
Town of Isle au Haut Isle au Haut, MEBroadband pass-through$37,500
Maine Ocean Farms LLC Brunswick, MEElectric boat support$30,000
Matinicus Isle Plantation Matinicus, MEShoreUp planning grant$20,000
Foundation for Strong Maine Economy Augusta, MEAquaculture support$15,000
Town of Tremont Bass Harbor, MEShoreUp planning grant$15,000
Town of Isle au Haut Isle au Haut, MEShoreUp planning grant$15,000
Hancock County Planning Commission Ellsworth, MEBroadband pass-through$12,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Kimberly Hamilton — President: $327KKimberly HamiltonPresident$327KPeter Rand — Past CFO/Current COO: $186KPeter RandPast CFO/Current COO$186KSusan Bernier — Chief Mkting & Philanthropy Officer: $183KSusan BernierChief Mkting & Philanthropy…$183KJennifer Seavey — Chief Programs Officer: $171KJennifer SeaveyChief Programs Officer$171KJacqueline Little — Chief People and Culture Officer: $148KJacqueline LittleChief People and Culture Officer$148KNicholas Battista — Chief Policy Officer: $144KNicholas BattistaChief Policy Officer$144KAlexander Kravitz — Dir., Program Impact and Glenn Fund: $110KAlexander KravitzDir., Program Impact and Glenn…$110KPeter King — Chief Financial Officer: $100KPeter KingChief Financial Officer$100K

From 2025 IRS filing

NameTitleHoursCompensation
Kristin HowardChair2—
Douglas HendersonVice Chair2—
Kathrine VogtTreasurer2—
Bryan LewisSecretary2—
Sebastian BelleTrustee1—
John ConleyTrustee1—
Shey ConoverTrustee1—
David CousensTrustee1—
Michael FeltonTrustee1—
Desmond FitzgeraldTrustee1—
Christie HallowellTrustee1—
Nadia RosenthalTrustee1—
Michael SantTrustee1—
Michael SteinharterTrustee1—
Carol WhiteTrustee1—
Megan DaytonPast Trustee1—
Nathan JohnsonPast Trustee1—
Emily LanePast Trustee1—
Donna WeiglePast Trustee1—
Michael P BoydClerk1—
Kimberly HamiltonPresident40$326,904
Peter RandPast CFO/Current COO40$185,767
Peter KingChief Financial Officer40$99,726
Nicholas BattistaChief Policy Officer40$144,352
Susan BernierChief Mkting & Philanthropy Officer40$182,878
Jacqueline LittleChief People and Culture Officer40$147,934
Jennifer SeaveyChief Programs Officer40$171,187
Alexander KravitzDir., Program Impact and Glenn Fund40$109,870

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Island Institute?

Island Institute is a nonprofit organization focused on Education, based in Rockland, ME. It holds $41.9M in total assets as of 2025.

How large is Island Institute?

As of 2025, Island Institute holds $41.9M in total assets with $11.0M in annual revenue. It awarded 13 grants totaling $442K in 2025.

Where does Island Institute operate?

Island Institute has awarded grants in Kansas, Maine, New Hampshire, New York.

What size grants does Island Institute award?

In 2025, Island Institute awarded 13 grants totaling $442K — an average of about $34K per grant, based on its IRS Form 990 filings.

What is Island Institute's EIN?

Island Institute's EIN (Employer Identification Number) is 22-2786731. IRS Form 990 filing data is available on this page for 2019–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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