Maine Center Ventures logo

Maine Center Ventures

Public charity · Grantmaker 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.

Maine Center Ventures at a glance

In short: Maine Center Ventures gave $83K across 1 grant in 2025 (avg $83K), mostly in Maine. Source: 2025 IRS Form 990.

Annual giving (2025)
$83,042
+235.3% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$83,042
+235.3% vs 2024
Median grant
$83,042
Total assets
$301,063
-17.5% vs 2024
Primary geography
Maine (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Maine Center Ventures funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

University of Maine System Inc: $83KUniversity of Maine System Inc$83K

The largest 2025 recipient was University of Maine System Inc ($83K).

Grant Size Distribution

5 grants across all recorded years

1<$50K1$50–100K$100–250K$250–500K$500K–1M3$1–5M$5M+

The most common grant size was in the $1–5M range: 3 grants of 5 (60%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

BangorOrono

How Maine Center Ventures gives

  • Giving fell 94% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $25K (2024) to $1.5M (2021). In 2025 it made 1 grant totaling $83K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Maine System Inc Bangor, MEFund Maine Center projects and initiatives.$83,042
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$301,063$19,298$83,042$83,0421$16,898
2024$364,807$4,098$24,764$24,7641$4,098
2023$385,473$357,196$1,141,176$1,139,3761$18,195
2022$1,669,534$1,458,388$1,898,218$1,301,3771$-34,188
2021$2,948,482$3,531,786$2,181,121$1,547,0501$2,995

About Maine Center Ventures

Based on IRS filings

Maine Center Ventures is a public charity focused on Education, based in Orono, ME. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $301K in total assets. In 2025, it awarded 1 grant totaling $83K. Net investment income was $17K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Maine Center Ventures is led by Seth Goodall, Chief Executive Officer on the 2025 filing; none of the 16 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Seth Goodall

    Chief Executive Officer

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Dannel Malloy

    Chair & Board of Directors

    On filings since 2021

    1 hr/week

    No compensation reported

  • Bobby Monks

    Director

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Joan Ferrini-Mundy

    Director

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Leigh Saufley

    Director

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Lisa Eames

    Director

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Jacqueline Edmondson

    Director

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Patricia Riley

    Director

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Owen McCarthy

    Director

    On filings since 2024

    0.3 hrs/week

    No compensation reported

  • Quincy Hentzel

    Director

    On filings since 2024

    0.3 hrs/week

    No compensation reported

  • Elise Baldacci

    Director

    New on the 2025 filing

    0.3 hrs/week

    No compensation reported

  • Lori Dwyer

    Director

    New on the 2025 filing

    0.3 hrs/week

    No compensation reported

  • Ryan Low

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Samantha Warren

    Former Secretary

    Secretary → Former Secretary, 2024

    On filings since 2022

    No compensation reported

  • Paul Chan

    Secretary

    On filings since 2024

    0.3 hrs/week

    No compensation reported

  • Amon Purinton

    Secretary

    New on the 2025 filing

    0.3 hrs/week

    No compensation reported

Former officers (11)
  • Former: Michael Boyson (2021–2024) — Director
  • Former: Alexa Dayton (2021–2023) — COO
  • Former: Glenn Cummings (2021–2023) — Director
  • Former: James Donnelly (2021–2023) — Director
  • Former: James Thelen (2021–2023) — Secretary
  • Former: Theresa Sutton (2021–2023) — CEO
  • Former: James Erwin (2021–2022) — Director
  • Former: Ben Devine (2021) — Director
  • Former: Kelly Martin (2021) — Director
  • Former: Mark Gardner (2021) — Director
  • Former: Trish Higgins (2021) — Director

Data from IRS Form 990 filings, 2021–2025. "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 Maine Center Ventures

How much does Maine Center Ventures give each year?

Maine Center Ventures gave $83K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $25K across 1 grant.

How large is Maine Center Ventures?

Maine Center Ventures reported $301K in total assets on its 2025 IRS Form 990. Its revenue that year was $19K.

What is Maine Center Ventures?

Maine Center Ventures is a public charity focused on Education, based in Orono, ME. It holds $301K in total assets as of 2025.

Where does Maine Center Ventures operate?

Maine Center Ventures has awarded grants in Maine.

What is Maine Center Ventures's EIN?

Maine Center Ventures's EIN (Employer Identification Number) is 82-0987230. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS April 21, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS April 28, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS April 29, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS April 18, 2025)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS April 16, 2026)
  6. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Maine Center Ventures'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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