Main Street Foundation Inc
Main Street Foundation Inc is a private foundation, based in Raymond, ME. IRS filing data is available for 2020. In 2020, it awarded 6 grants totaling $2.0M. Net investment income was $5K.
Main Street Foundation Inc at a glance
In short: Main Street Foundation Inc gave $2.0M across 6 grants in 2020 (avg $330K), mostly in New York. Source: 2020 IRS Form 990-PF.
- Annual giving (2020)
- $1,978,156
- Grants made (2020)
- 6
- Average grant
- $329,693
- Median grant
- $494,104
- Primary geography
- New York (50% of itemized 2020 grant dollars)
- Latest 990 filing
- Form 990-PF, 2020 View filing
Data from IRS Form 990-PF, 2020; updated September 2026.
Who Main Street Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2020
The largest 2020 recipient was Morgan Stanley Global Impact Funding Trust Inc (The Bright Star Donor Fund) ($494K). Together the top 6 received $2.0M.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $250–500K range: 4 grants of 6 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2020 grant dollars across all 6 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 6 grants totaling $2.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc (The Bright Star Donor Fund) Purchase, NY | To Promote the Goals of the Organization | $494,104 |
| Fidelity Investment Charitable Giving FD (Stetson Family DAF) New York, NY | To Promote the Goals of the Organization | $494,104 |
| The Bessemer Giving Fund (Kiva Fund DFA) Woodbridge, NJ | To Promote the Goals of the Organization | $494,104 |
| Schwab Charitable Fund (Stetson Yovu Fund DAF) Middlesex, VT | To Promote the Goals of the Organization | $494,104 |
| Capstone Communi Arc Randolph, VT | To Promote the Goals of the Organization | $1,000 |
| SMCC Foundation South Portland, ME | To Promote the Goals of the Organization | $740 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|
| 2020 | $-1,040 | $2,101,415 | $1,978,156 | 6 | $4,700 | $99,884 |
Under IRS private-foundation payout rules, Main Street Foundation Inc reported a distributable amount of $100K for 2020 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Main Street Foundation Inc is led by John H. Stetson, President on the 2020 filing; none of the 2 officers listed in 2020 report compensation.
Officers on the 2020 filing
John H. Stetson
President
New on the 2020 filing
No compensation reported
Edith Stetson Yovu
Secretary
New on the 2020 filing
No compensation reported
Data from IRS Form 990 filings, 2020. "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 Main Street Foundation Inc
How much does Main Street Foundation Inc give each year?
Main Street Foundation Inc gave $2.0M across 6 grants in 2020, according to its 2020 IRS Form 990-PF.
What is Main Street Foundation Inc's typical grant size?
Main Street Foundation Inc's median grant in 2020 was $494,104, and its average grant was $329,693, across 6 grants on its 2020 IRS Form 990-PF.
Where does Main Street Foundation Inc give grants?
Main Street Foundation Inc gives mostly in New York: 50% of the grant dollars itemized on its 2020 IRS Form 990-PF went to recipients there. The next largest states were Vermont (25%) and New Jersey (25%).
Does Main Street Foundation Inc give general operating support?
Not in 2020: none of the 6 grants with a stated purpose on Main Street Foundation Inc's 2020 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Promote the Goals of the Organization" (6 grants).
Who are Main Street Foundation Inc's largest grantees?
Main Street Foundation Inc's largest 2020 grantees include Morgan Stanley Global Impact Funding Trust Inc (The Bright Star Donor Fund) ($494,104), Fidelity Investment Charitable Giving FD (Stetson Family DAF) ($494,104) and The Bessemer Giving Fund (Kiva Fund DFA) ($494,104), according to its 2020 IRS Form 990-PF. Together they received 75% of its itemized 2020 grant dollars.
How much is Main Street Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, Main Street Foundation Inc reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Main Street Foundation Inc's EIN?
Main Street Foundation Inc's EIN (Employer Identification Number) is 06-6076249. IRS Form 990 filing data is available on this page for 2020.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2020
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Figures come from Main Street Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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