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
- How to evaluate Island Institute as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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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
Ready to take the next step with Island Institute?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- IRS filings on file for fiscal years 2019–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
71 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| Luke's Lobster Holding LLC Saco, ME | Lift all Boats pass-through | $180,811 |
| Eastport Energy Committee Eastport, ME | Climate Planning | $43,729 |
| Pendleton Yacht Yard Islesboro, ME | Electric boat forgivable loan | $40,000 |
| Town of Isle au Haut Isle au Haut, ME | Broadband pass-through | $37,500 |
| Maine Ocean Farms LLC Brunswick, ME | Electric boat support | $30,000 |
| Matinicus Isle Plantation Matinicus, ME | ShoreUp planning grant | $20,000 |
| Foundation for Strong Maine Economy Augusta, ME | Aquaculture support | $15,000 |
| Town of Tremont Bass Harbor, ME | ShoreUp planning grant | $15,000 |
| Town of Isle au Haut Isle au Haut, ME | ShoreUp planning grant | $15,000 |
| Hancock County Planning Commission Ellsworth, ME | Broadband pass-through | $12,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kristin Howard | Chair | 2 | — |
| Douglas Henderson | Vice Chair | 2 | — |
| Kathrine Vogt | Treasurer | 2 | — |
| Bryan Lewis | Secretary | 2 | — |
| Sebastian Belle | Trustee | 1 | — |
| John Conley | Trustee | 1 | — |
| Shey Conover | Trustee | 1 | — |
| David Cousens | Trustee | 1 | — |
| Michael Felton | Trustee | 1 | — |
| Desmond Fitzgerald | Trustee | 1 | — |
| Christie Hallowell | Trustee | 1 | — |
| Nadia Rosenthal | Trustee | 1 | — |
| Michael Sant | Trustee | 1 | — |
| Michael Steinharter | Trustee | 1 | — |
| Carol White | Trustee | 1 | — |
| Megan Dayton | Past Trustee | 1 | — |
| Nathan Johnson | Past Trustee | 1 | — |
| Emily Lane | Past Trustee | 1 | — |
| Donna Weigle | Past Trustee | 1 | — |
| Michael P Boyd | Clerk | 1 | — |
| Kimberly Hamilton | President | 40 | $326,904 |
| Peter Rand | Past CFO/Current COO | 40 | $185,767 |
| Peter King | Chief Financial Officer | 40 | $99,726 |
| Nicholas Battista | Chief Policy Officer | 40 | $144,352 |
| Susan Bernier | Chief Mkting & Philanthropy Officer | 40 | $182,878 |
| Jacqueline Little | Chief People and Culture Officer | 40 | $147,934 |
| Jennifer Seavey | Chief Programs Officer | 40 | $171,187 |
| Alexander Kravitz | Dir., Program Impact and Glenn Fund | 40 | $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.