Maine Center Ventures logo

Maine Center Ventures

ORONO, ME EIN: 82-0987230 Website

Support and promote the University of Maine Graduate & Professional Center ("Maine Center") of the University of Maine System through fundraising, marketing, and engagement with Maine enterprises and employers to identify and address training needs, create experiential education opportunities for Maine Center students, and develop incubator and accelerator programs.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$365K

-5.4% YoY

Annual Giving

$25K

-97.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$25K

-97.8% YoY

About Maine Center Ventures

Based on IRS filings

Maine Center Ventures is a nonprofit organization focused on Education, based in ORONO, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $365K in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $4K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BangorOrono

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$971K$2M$3M$4M2021202220232024
Metric202420232022
Total Assets$364,807$385,473$1,669,534
Revenue$4,098$357,196$1,458,388
Expenses$24,764$1,141,176$1,898,218
Qualifying Distributions
Net Investment Income$4,098$18,195$-34,188
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$387K$774K$1M$2M1 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

University of Maine Syst…$25K

Grant Size Distribution

4 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Joan Ferrini-MundyDirector0.25
Dannel MalloyChair, Board of Directors1
Jacqueline EdmondsonDirector0.25
Ryan LowTreasurer1
Leigh SaufleyDirector0.25
Paul ChanSecretary0.25
Samantha WarrenFormer Secretary
Patricia RileyDirector0.25
Bobby MonksDirector0.25
Lisa EamesDirector0.25
Owen McCarthyDirector0.25
Quincy HentzelDirector0.25
Michael BoysonDirector (resigned June 2024)0.25

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with Maine Center Ventures on Grantable?

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