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.
Kennebunk Savings Bank Foundation at a glance
In short: Kennebunk Savings Bank Foundation gave $690K across 1 grant in 2024 (avg $690K), mostly in Maine. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $689,926
- +28.7% vs 2023
- Grants made (2024)
- 1
- -97.4% vs 2023
- Average grant
- $689,926
- +4920.8% vs 2023
- Median grant
- $689,926
- Total assets
- $3,805,381
- -10.6% vs 2023
- Primary geography
- Maine (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Kennebunk Savings Bank Foundation
- How to Apply
-
The bank’s Grants & Sponsorships program accepts requests on a rolling, year-round basis. The foundation’s filing says to contact Elizabeth Torrance and refers applicants to an attached statement for forms, materials, and award restrictions. For the Huntington Common Charitable Fund, proposals are invited from 501(c)(3) nonprofits and programs; quarterly deadlines are March 31, June 30, September 30, and December 31, with 8–10 weeks allowed for review after a deadline.
- Contact
Application contact: Elizabeth Torrance
Mailing address: 7 Alewive Park Road, Kennebunk, ME 04043
Phone: (800) 339-6573
Website: https://kennebunksavings.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Kennebunk Savings Bank Foundation
Who Kennebunk Savings Bank Foundation funds
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%).
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
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.
Giving History
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.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached Statement See Attached Kennebunk, ME | see attached statement | $689,926 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,805,381 | $274,496 | $726,514 | $689,926 | 1 | $693,826 | $249,230 | $300,414 |
| 2023 | $4,257,399 | $767,922 | $564,060 | $535,913 | 39 | $539,294 | $423,643 | $282,505 |
| 2022 | $4,053,537 | $1,109,368 | $601,311 | $569,515 | 44 | $575,900 | $139,033 | $259,959 |
| 2021 | $3,545,480 | $551,349 | $642,488 | $614,493 | 49 | $614,493 | $137,697 | $281,110 |
| 2020 | $3,636,619 | $660,941 | $564,979 | $538,697 | 50 | — | $132,591 | $238,005 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
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.
The bank lists Southern Maine Agency on Aging, Hospice of Southern Maine, York County Community Action, Good Shepherd Food Bank, York Hospital, and Ogunquit Playhouse among organizations funded by the Huntington Common Charitable Fund. Recent HCCF grants described by the bank included kitchen renovations at Wells Ogunquit Senior Center, support for a food pantry and enrichment activities at Volunteers of America Northern New England’s Paul Hazelton House, and support for Cross Cultural Community Services to expand its work into York County. The bank describes these grantees’ work as serving older adults through meal programs, affordable housing, and outreach to reduce isolation and improve access to resources.
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.
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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Kennebunk Savings Bank Foundation funds
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