Lunder Foundation

PORTLAND, ME EIN: 01-0437556

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

23states
+15 more states

Cities

AndoverAuburnAugustaBabson ParkBaltimoreBangorBar HarborBathBentonvilleBooneBostonBoynton BeachBozemanBrightonBrooklineBrooklynBrunswickBurlingtonCambridgeCarrabassett Valley

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12M$23M$35M$46M20202021202220232024
Metric202420232022
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

$0$5M$11M$16M$22M171 grants2020166 grants2021169 grants2022162 grants2023148 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COLBY COLLEGE$2.4MCOLBY COLLEGE MUSEUM OF …$1.2MCOLBY COLLEGE MUSEUM OF …$1.1MCOLBY COLLEGE$714KCOLBY COLLEGE$400KBETH ISRAEL CONGREGATION$335KCOX SCIENCE CENTER$334KCOLBY COLLEGE$250KCOLBY COLLEGE$250KBETH ISRAEL DEACONESS$247K

Grant Size Distribution

250 grants across all recorded years

171<$50K4$50–100K13$100–250K35$250–500K15$500K–1M12$1–5M$5M+

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

NameTitleHoursCompensation
PETER LUNDERTREASURER & DIRECTOR4
PAULA LUNDERCHAIR & DIRECTOR4
JOHN B EMORYDIRECTOR2
KEVIN M GILLISPRESIDENT2
STEVEN W LUNDERDIRECTOR1
ALAN E LUNDERDIRECTOR1
MARC F LUNDERDIRECTOR1
MARJORIE J LUNDERDIRECTOR4

Contact Information

Address: 2 Monument Square, Suite 502 Portland, ME 04101

Phone: (207) 775-7676

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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