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 · View filing
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
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 2020 through 2024. As of 2024, the organization holds $38.4M in total assets. In 2024, it awarded 13 grants totaling $197K. Net investment income was $1.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Luke's Lobster Holding LLC ($54,255), National Lead for America Inc ($26,667), Frenchboro Congregational Church ($26,248).
| Recipient | Purpose | Amount |
|---|---|---|
| Luke's Lobster Holding LLC Saco, ME | Lift all Boats | $54,255 |
| Community Shellfish Co LLC Bremen, ME | Responsive Fund - Storm Response | $10,000 |
| Greenhead Lobster Stonington, ME | Responsive Fund - Storm Response | $10,000 |
| Town of Brunswick Brunswick, ME | ShoreUp Sea Level Rise Grant | $7,930 |
| Town of Southport Southport, ME | ShoreUp Sea Level Rise Grant | $10,000 |
| Town of Swans Island Swans Island, ME | ShoreUp Sea Level Rise Grant | $10,000 |
| Town of Islesboro Islesboro, ME | ShoreUp Sea Level Rise Grant | $10,000 |
| Monhegan Plantation Monhegan, ME | ShoreUp Sea Level Rise Grant | $10,000 |
| Hylan and Brown Boat Builders Brooklin, ME | Business Resilience Grant | $10,000 |
| National Lead for America Inc Wichita, KS | Broadband Planning | $26,667 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kristin Howard | Chair | 2 | — |
| Douglas Henderson | Vice Chair | 2 | — |
| Kate Vogt | Treasurer | 2 | — |
| Shey Conover | Secretary | 2 | — |
| Michael P Boyd | Clerk | 1 | — |
| Sebastian Belle | Trustee | 1 | — |
| David Cousens | Trustee | 1 | — |
| Megan McGinnis Dayton | Trustee | 1 | — |
| Michael Felton | Trustee | 1 | — |
| Nathan Johnson | Trustee | 1 | — |
| Emily B Lane | Trustee | 1 | — |
| Bryan Lewis | Trustee | 1 | — |
| Michael Sant | Trustee | 1 | — |
| Michael Steinharter | Trustee | 1 | — |
| Carol White | Trustee | 1 | — |
| Donna Wiegle | Trustee | 1 | — |
| Charles Owen Verrill Jr | Past Secretary | 2 | — |
| Barbara Sweet | Past Trustee | 1 | — |
| Kimberly Hamilton | President | 40 | $265,623 |
| Peter Rand | Chief Financial Officer | 40 | $158,230 |
| Susan Bernier | Chief Philanthropy Officer | 40 | $163,406 |
| Jacqueline Little | Chief Human Resources Officer | 40 | $123,952 |
| Nicholas Battista | Chief Policy Officer | 40 | $123,497 |
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 $38.4M in total assets as of 2024.
How large is Island Institute?
As of 2024, Island Institute holds $38.4M in total assets with $7.7M in annual revenue. It awarded 13 grants totaling $197K in 2024.
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 2024, Island Institute awarded 13 grants totaling $197K — an average of about $15K 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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Island Institute's focus areas in our free grants database
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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