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
Ready to take the next step with Maine Center Ventures?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Maine System Inc ($24,764).
| Recipient | Purpose | Amount |
|---|---|---|
| University of Maine System Inc Bangor, ME | Fund Maine Center projects and initiatives. | $24,764 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joan Ferrini-Mundy | Director | 0.25 | — |
| Dannel Malloy | Chair, Board of Directors | 1 | — |
| Jacqueline Edmondson | Director | 0.25 | — |
| Ryan Low | Treasurer | 1 | — |
| Leigh Saufley | Director | 0.25 | — |
| Paul Chan | Secretary | 0.25 | — |
| Samantha Warren | Former Secretary | — | — |
| Patricia Riley | Director | 0.25 | — |
| Bobby Monks | Director | 0.25 | — |
| Lisa Eames | Director | 0.25 | — |
| Owen McCarthy | Director | 0.25 | — |
| Quincy Hentzel | Director | 0.25 | — |
| Michael Boyson | Director (resigned June 2024) | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Maine Center Ventures?
Maine Center Ventures is a nonprofit organization focused on Education, based in ORONO, ME. It holds $365K in total assets as of 2024.
How large is Maine Center Ventures?
As of 2024, Maine Center Ventures holds $365K in total assets with $4K in annual revenue. It awarded 1 grants totaling $25K in 2024.
Where does Maine Center Ventures operate?
Maine Center Ventures has awarded grants in Maine.
What size grants does Maine Center Ventures award?
In 2024, Maine Center Ventures awarded 1 grants totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.
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 2021–2024.
Explore Open Grants
Browse active grant opportunities in Maine Center Ventures's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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