Lunder Foundation
The Lunder Foundation is a private foundation based in Portland, Maine, established in 1988. It operates as a 501(c)(3) tax-exempt organization and functions as a grantmaking foundation supporting nonprofit organizations across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$818K
-70.8% YoY
Annual Giving
$21.8M
+17.7% YoY
Grant Count
148
-8.6% YoY
Avg Grant Size
$148K
+28.9% YoY
Mission & Focus Areas
The foundation does not have a publicly stated mission statement on file. However, its grantmaking priorities include:
- Education
- Arts and creative writing
- Historic preservation
- Journalism
- Human services
- Philanthropy and voluntarism
Grantmaking
The foundation made 171 grants in 2024. Recent notable grants include:
Grant Range
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Maine, Massachusetts, and Florida.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $817,638
- Total revenues: $37,546,954
- Total expenses: $22,187,307
- Total giving: $21,842,691
Revenue Breakdown (2024):
- Total grants and contributions: $17,379,195
- Investment income and dividends: $155,016
- Net gain from sale of non-inventory assets: $20,012,743
Staffing: The foundation operates with 0 employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $817,638 | $2,801,696 | $98,855 |
| Revenue | $37,546,954 | $38,327,642 | $42,005,213 |
| Expenses | $22,187,307 | $18,875,581 | $21,069,646 |
| Qualifying Distributions | $22,148,127 | $18,836,877 | $21,032,535 |
| Net Investment Income | $682,036 | $448,812 | $475,850 |
| Distributable Amount | $679,941 | $555,655 | $369,933 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Peter Lunder is identified as a supporter of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER LUNDER | TREASURER & DIRECTOR | 4 | — |
| PAULA LUNDER | CHAIR & DIRECTOR | 4 | — |
| JOHN B EMORY | DIRECTOR | 2 | — |
| KEVIN M GILLIS | PRESIDENT | 2 | — |
| STEVEN W LUNDER | DIRECTOR | 1 | — |
| ALAN E LUNDER | DIRECTOR | 1 | — |
| MARC F LUNDER | DIRECTOR | 1 | — |
| MARJORIE J LUNDER | DIRECTOR | 4 | — |
Contact Information
Address: 2 Monument Square, Suite 502 Portland, ME 04101
Phone: (207) 775-7676
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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