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
Under IRS private-foundation payout rules, Lunder Foundation reported a distributable amount of $680K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Colby College ($2,385,715), Colby College Museum of Art ($1,249,288), Colby College Museum of Art ($1,116,690).
| Recipient | Purpose | Amount |
|---|---|---|
| 2LIFE COMMUNITIES BRIGHTON, MA | ANNUAL FUND | $500 |
| ADDISON GALLERY OF AMERICAN ART ANDOVER, MA | ART MUSEUM | $100 |
| AFRICA SCHOOLHOUSE PORTLAND, ME | SCHOOL OF EDUCATION | $500 |
| ALFOND YOUTH & COMMUNITY CENTER WATERVILLE, ME | ANNUAL FUND | $500 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM PALM BEACH GARDENS, FL | ANNUAL FUND IN HONOR OF C. GIGLIOTTI | $2,500 |
| AMERICAN UNIVERSITY WASHINGTON, DC | ALUMNI FUND | $1,000 |
| ARTS ARE ELEMENTARY BRUNSWICK, ME | SCHOOL OF EDUCATION | $750 |
| ASHLEY BRYAN CENTER ISLESFORD, ME | ANNUAL FUND | $5,000 |
| ASSOCIATION OF ISRAEL'S DECORATIVE ARTS POMPANO BEACH, FL | ANNUAL FUND | $250 |
| BEST BUDDIES MAINE CUMBERLAND, ME | ANNUAL FUND IHO RACHEL WILLIAMS | $500 |
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
Frequently Asked Questions
What does Lunder Foundation fund?
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
How do I apply for a grant from Lunder Foundation?
**Grant Activity:** The foundation made 171 grants in 2024. Recent notable grants include: • $2,385,715 to President and Trustees of Colby College (Endowment Fund) • $2,200,000 to Hebrew Seniorlife (Project Support) • $1,001,775 to Maine Public/MPBN (Programming Fund) **Grant Range:** Typical awards range from $11 to $4,826,495.
Where does Lunder Foundation make grants?
The foundation primarily funds organizations in Maine, Massachusetts, and Florida.
What size grants does Lunder Foundation award?
In 2024, Lunder Foundation awarded 148 grants totaling $21.8M — an average of about $148K per grant, based on its IRS Form 990 filings.
How much is Lunder Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lunder Foundation reported a distributable amount of $680K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lunder Foundation's EIN?
Lunder Foundation's EIN (Employer Identification Number) is 01-0437556. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lunder Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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