Island Institute

ROCKLAND, ME EIN: 22-2786731 Website

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

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$38.4M

+4.8% YoY

Annual Giving

$197K

-83.7% YoY

Grant Count

13

-27.8% YoY

Avg Grant Size

$15K

-77.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
Total Assets$38,393,601$36,646,542$34,942,404
Revenue$7,730,757$11,333,497$7,827,911
Expenses$9,092,114$8,955,717$7,181,390
Qualifying Distributions
Net Investment Income$1,250,595$3,947,132$1,505,470
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$302K$604K$907K$1M15 grants202015 grants202112 grants202218 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Luke's Lobster Holding LLC$54KNational Lead for Americ…$27KFrenchboro Congregationa…$26KCommunity Shellfish Co LLC$10KGreenhead Lobster$10KTown of Southport$10KTown of Swans Island$10KTown of Islesboro$10KMonhegan Plantation$10KHylan and Brown Boat Bui…$10K

Grant Size Distribution

73 grants across all recorded years

68<$50K2$50–100K$100–250K1$250–500K1$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Island Institute fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Kimberly HamiltonPresident$266KSusan BernierChief Philanthropy Officer$163KPeter RandChief Financial Officer$158KJacqueline LittleChief Human Resources Officer$124KNicholas BattistaChief Policy Officer$123K

From 2024 filing

NameTitleHoursCompensation
Kristin HowardChair2
Douglas HendersonVice Chair2
Kate VogtTreasurer2
Shey ConoverSecretary2
Michael P BoydClerk1
Sebastian BelleTrustee1
David CousensTrustee1
Megan McGinnis DaytonTrustee1
Michael FeltonTrustee1
Nathan JohnsonTrustee1
Emily B LaneTrustee1
Bryan LewisTrustee1
Michael SantTrustee1
Michael SteinharterTrustee1
Carol WhiteTrustee1
Donna WiegleTrustee1
Charles Owen Verrill JrPast Secretary2
Barbara SweetPast Trustee1
Kimberly HamiltonPresident40$265,623
Peter RandChief Financial Officer40$158,230
Susan BernierChief Philanthropy Officer40$163,406
Jacqueline LittleChief Human Resources Officer40$123,952
Nicholas BattistaChief Policy Officer40$123,497

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

4states

Cities

ArrowsicBathBiddefordBremenBristolBrooklinBrooklynBrooksvilleBrunswickChebeague IslandCumberlandDamariscottaEastportEllsworthFrenchboroGeorgetownIsle Au HautIslesboroKeeneLincolnville

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

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