Kennebunk Savings Bank Foundation
Kennebunk Savings Bank Foundation is a private foundation based in Kennebunk, Maine. Its grantmaking includes Kennebunk Savings’ Grants & Sponsorships program, which supports community organizations across several cause areas, and the Huntington Common Charitable Fund, which supports programs for older adults in York County, Maine.
Key facts about Kennebunk Savings Bank Foundation
In short: Kennebunk Savings Bank Foundation gave $690K across 1 grant in 2024 (avg $690K), mostly in Maine. Source: 2024 IRS Form 990-PF.
- EIN
- 01-0547392
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $689,926
- Grants made (2024)
- 1
- Average grant
- $689,926
- Median grant
- $689,926
- Total assets
- $3,805,381
- Primary geography
- Maine (100% of itemized 2024 grant dollars)
- How to apply
- The bank’s Grants & Sponsorships program accepts requests on a rolling, year-round basis. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.8M
-10.6% YoY
Annual Giving
$690K
+28.7% YoY
Grant Count
1
-97.4% YoY
Avg Grant Size
$690K
+4920.8% YoY
Under IRS private-foundation payout rules, Kennebunk Savings Bank Foundation reported a distributable amount of $300K for 2024 — the minimum it must pay out in qualifying distributions.
How Kennebunk Savings Bank Foundation gives
- Giving held roughly steady from 2021 to 2024 (+12%). Method
- In 2024 it paid out 231% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
No separate foundation mission is stated. The bank’s Grants & Sponsorships program considers requests in five categories: Health and Wellness; Community and Economic Advancement; Arts and Culture; Education and Innovation; and Environment and Animal Welfare. The bank says it considers an organization’s relevance to Community Promise goals, the impact of its services, other private and public support, and community need.
The program supports nonprofit organizations, public schools, and municipalities, according to its program description. Examples of supported work include health and wellness initiatives, libraries and affordable housing, arts and cultural programming, and education and youth programs. The Huntington Common Charitable Fund focuses on programs for older adults in York County, including nutrition, dementia care, therapeutics, and access to the arts; it seeks proposals from 501(c)(3) nonprofit organizations and programs.
Grantmaking
In filing year 2024, the foundation reported $689,926 in grants across one grant. The filing lists the recipient as “See attached statement,” in Kennebunk, Maine, and gives the purpose as “see attached statement.” The foundation’s reported grantmaking in 2023 was $535,913 across 39 grants, and in 2022 was $569,515 across 44 grants. No typical grant size is stated.
Grant Range
is stated.
Review Cycle
are March 31, June 30, September 30, and December 31, with 8–10 weeks allowed for review after a deadline.
Open Grants
2 open opportunities from Kennebunk Savings Bank Foundation
Ready to take the next step with Kennebunk Savings Bank Foundation?
Geographic Focus
Where this funder awards grants
The Grants & Sponsorships program supports communities in southern York County, Maine, and Strafford and Rockingham Counties in New Hampshire. The Huntington Common Charitable Fund serves older adults in York County, Maine. The 2024 filing reports that 100% of that year’s grant dollars went to Maine.
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $536K (2023) to $690K (2024). In 2024 it made 1 grant totaling $690K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
183 grants across all recorded years
The most common grant size was under $50K: 175 grants of 183 (96%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached Statement See Attached Kennebunk, ME | see attached statement | $689,926 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2024 | $3,805,381 | $274,496 | $726,514 | $689,926 | 1 |
| 2023 | $4,257,399 | $767,922 | $564,060 | $535,913 | 39 |
| 2022 | $4,053,537 | $1,109,368 | $601,311 | $569,515 | 44 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,805,381 | $4,257,399 | $4,053,537 |
| Revenue | $274,496 | $767,922 | $1,109,368 |
| Expenses | $726,514 | $564,060 | $601,311 |
| Qualifying Distributions | $693,826 | $539,294 | $575,900 |
| Net Investment Income | $249,230 | $423,643 | $139,033 |
| Distributable Amount | $300,414 | $282,505 | $259,959 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Bradford C. Paige and Alexander O. Meagher as PresidentDirectors; Thomas J. Zuke as Treasurer; Maureen A. Flaherty as Executive VP; Elizabeth A. Torrance as Vice President; Lauren Deegan as Community Reinvestment Officer; Patricia J. Wheeler as Secretary; and Milda A. Castner, Matthew L. Chase, and Lori A. Howell as Directors. The bank identifies Liz Torrance as its Social Responsibility Director.
Kennebunk Savings Bank Foundation's 2024 filing lists 20 officers; none of the 20 officers listed in 2024 report compensation.
Officers on the 2024 filing
Douglas R. Stockbridge
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Lori A. Howell
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Matthew L. Chase
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Milda A. Castner
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Paul H. Gurney Jr.
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Stephen H. Roberts
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Charles F. Wu
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Thomas J. Allen
Director
On filings since 2021
0.5 hrs/week
No compensation reported
John Bosen
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Kathleen Torpey Chase
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Michael Macleod-Ball
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Nichole Raftopoulos
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Richard Simonds Jr.
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Bradford C. Paige
Presidentdirector
On filings since 2020
0.5 hrs/week
No compensation reported
Maureen A. Flaherty
Executive Vice President
Senior Vice President → Executive Vice President, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Patricia J. Wheeler
Secretary
Clerk → Secretary, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Thomas J. Zuke
Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Elizabeth A. Torrance
Vice President
On filings since 2021
2 hrs/week
No compensation reported
Alexander O. Meagher
Presidentdirector
Executive Vice President → Presidentdirector, 2024
On filings since 2023
0.5 hrs/week
No compensation reported
Lauren Deegan
Committee Reinv Officer
On filings since 2023
0.5 hrs/week
No compensation reported
Former officers (5)
- Former: Dennis D. Byrd (2020–2022) — Executive Vice President
- Former: Geoffrey Titherington (2020–2021) — Director
- Former: Stephen A. Morris (2020–2021) — Director
- Former: Alan Brown (2020) — Vice President
- Former: James J. Keating III (2020) — Director
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.
Contact
Application contact: Elizabeth Torrance
Mailing address: 7 Alewive Park Road, Kennebunk, ME 04043
Phone: (800) 339-6573
Website: https://kennebunksavings.com
Frequently asked questions about Kennebunk Savings Bank Foundation
How much does Kennebunk Savings Bank Foundation give each year?
Kennebunk Savings Bank Foundation gave $690K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $536K across 39 grants.
How large is Kennebunk Savings Bank Foundation?
Kennebunk Savings Bank Foundation reported $3.8M in total assets on its 2024 IRS Form 990-PF. It paid out $694K in qualifying distributions that year, against a required minimum of $300K (roughly 5% of its investment assets).
What does Kennebunk Savings Bank Foundation fund?
No separate foundation mission is stated. The bank’s Grants & Sponsorships program considers requests in five categories: Health and Wellness; Community and Economic Advancement; Arts and Culture; Education and Innovation; and Environment and Animal Welfare. See mission & focus areas ↑
How do I apply for a grant from Kennebunk Savings Bank Foundation?
The bank’s Grants & Sponsorships program accepts requests on a rolling, year-round basis. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Kennebunk Savings Bank Foundation make grants?
The Grants & Sponsorships program supports communities in southern York County, Maine, and Strafford and Rockingham Counties in New Hampshire. The Huntington Common Charitable Fund serves older adults in York County, Maine. The 2024 filing reports that 100% of that year’s grant dollars went to Maine.
What is Kennebunk Savings Bank Foundation's EIN?
Kennebunk Savings Bank Foundation's EIN (Employer Identification Number) is 01-0547392. 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. Research dossier generated September 2026.
Here's the math on researching Kennebunk Savings Bank Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Kennebunk Savings Bank Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Maine Community Foundation Inc
Ellsworth, ME
Maine Community Foundation supports Maine communities through grants for community building, arts, education, the environment, economic development, human services, and other areas. Its 2024 grants ranged from $5,030 to $2,487,900, with a median of $17,500; the Community Building Grant Program offers awards up to $10,000. Applications are submitted online, and the information does not state whether unsolicited requests are accepted.
Assets
$807.6M
Grants
1,161
Total Given
$57.6M
New Hampshire Charitable Foundation
Concord, NH
The New Hampshire Charitable Foundation funds nonprofits and students, with grants supporting areas such as health, education, housing, the environment, arts, and economic security, primarily benefiting New Hampshire communities. Its 2024 median itemized grant was $25,000, and its Responsive Grants program offers eligible nonprofits up to $10,000; the profile does not state whether it accepts unsolicited requests.
Assets
$1.2B
Grants
949
Total Given
$59.7M
Saco & Biddeford Savings
Saco, ME
Saco & Biddeford Savings supports Maine nonprofits working in areas including food access, health and social services, education, youth, arts, elder care, and community development, with most giving concentrated in Southern Maine. Its 2025 grants ranged from $100 to $50,200, with a median of $1,000. It accepts applications from eligible 501(c)(3) organizations; no deadline is listed.
Assets
$478K
Grants
168
Total Given
$372K
Elmina B Sewall Foundation
Freeport, ME
The Elmina B. Sewall Foundation funds equity and well-being for people, animals, and the environment in Maine, including work on animal welfare, food systems, Wabanaki communities, nature-based education, and rural partnerships. Its 2024 grants ranged from $150 to $580,000, with a median of $30,975. It accepts applications during designated periods; some programs are open to applications, while others are by invitation.
Assets
$164.8M
Grants
296
Total Given
$14.4M
Sam L Cohen Foundation
Portland, ME
The Sam L. Cohen Foundation funds nonprofits working in arts and culture, civic and community life, education, health and human services, and Jewish culture, with a focus on southern Maine—especially Cumberland and York counties. Its average grant is under $15,000, with 2024 awards ranging from $500 to $250,000; it accepts responsive requests through a two-step online process, beginning with an inquiry.
Assets
$28.0M
Grants
125
Total Given
$3.3M
Bangor Savings Bank Foundation
Bangor, ME
The Bangor Savings Bank Foundation funds arts and culture, education, health and wellness, workforce and economic development, and social and community services in Maine, New Hampshire, and Essex County, Massachusetts. Published grant requests are typically $2,000–$25,000, though reported 2025 awards ranged from $1,000 to $50,000, with a median of $4,750. It accepts applications through an online process and reviews them twice a year.
Assets
$7.0M
Grants
156
Total Given
$1.2M
John T Gorman Foundation
Portland, ME
The John T. Gorman Foundation primarily supports strategies that strengthen children and families experiencing poverty, with an application-based program for Maine nonprofits addressing food insecurity and housing or shelter needs. Its 2024 grants ranged from $500 to $345,000, with a median of $20,250, and 89% of grant dollars went to Maine recipients. Most grants are invitation-only and unsolicited proposals are generally not funded; the Direct Services Grant Program accepts applications.
Assets
$223.5M
Grants
154
Total Given
$7.5M
Atlantic Federal Credit Union Foundation
South Portland, ME
Assets
$2.7M
Grants
95
Total Given
$267K
TD Charitable Foundation
Portland, ME
The foundation funds education, human services, housing and financial stability, nonprofit capacity-building, and community programs, with particular consideration for underserved and low- to moderate-income communities. Its stated award range is $135–$475,000, though the 2025 median grant was $10,000; it focuses primarily on Florida, New Jersey, and New York. It accepts unsolicited requests through online applications from eligible 501(c)(3) public charities in states with a TD Bank, N.A. branch.
Assets
$9.1M
Grants
1,003
Total Given
$24.9M
Narragansett Number One Foundation
Bar Mills, ME
The foundation supports charitable, educational, scientific, religious, and other public-benefit work, including start-up costs, special projects, and general operations; it prioritizes public charities in Buxton and nearby areas. Its 2025 grants ranged from $1,500 to $36,841, with a median of $7,220. It accepts written applications from eligible nonprofits and government entities, due November 1 through April 1.
Assets
$5.3M
Grants
49
Total Given
$385K
Virginia Hodgkins Somers Foundation Inc
Kennebunkport, ME
The Virginia Hodgkins Somers Foundation supports charitable, religious, scientific, literary, and educational purposes; recent grants have funded Maine nonprofits and philanthropic professional development. Its 2025 grants ranged from $10,000 to $250,000, with a median of $17,500. The foundation says it has no specific application format and does not restrict giving to preselected organizations.
Assets
$4.0M
Grants
4
Total Given
$295K
Simple Generosity Foundation
Cape Elizabeth, ME
Simple Generosity Foundation supports nonprofits across varied missions, with an emphasis on smaller organizations, mainly in the United States. Its 2025 grants ranged from $5,002 to $271,548, with a median of $6,287. It does not describe an open unsolicited-request process: nonprofits must join its network and be matched to a client giving program to receive donations.
Assets
$2.8M
Grants
339
Total Given
$4.4M
More Funders in Maine
Kennebunk Savings Bank Foundation down — hundreds of funders to go?