Maine Community Foundation Inc
Maine Community Foundation (MaineCF) is a statewide community foundation based in Ellsworth, Maine, with a second office in Portland. The organization operates as a 501(c)(3) public charity and has been tax-exempt since January 1984. MaineCF works with donors and nonprofit partners to provide grants to charitable organizations and scholarships for Maine students. The foundation maintains a distributed workforce across the state, including remote locations, with approximately 48-60 employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$807.6M
+10.3% YoY
Annual Giving
$57.6M
+7.8% YoY
Grant Count
1,161
+5.4% YoY
Avg Grant Size
$50K
+2.2% YoY
Mission & Focus Areas
Mission: Bring people and resources together to build a better Maine.
MaineCF's vision is a Maine that is a vibrant and equitable place where people and communities thrive. The foundation is committed to serving all of Maine, demonstrating respect for people and places, achieving quality and integrity in all work, and remaining non-partisan.
The foundation addresses significant issues important to Maine communities, including:
- Environment
- Economic development
- Racial equity
- Housing
- Food insecurity
- Education
- Health
- Arts and culture
Grantmaking
MaineCF operates a diverse grantmaking portfolio with over 1,600 funds, including:
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Geographic Focus
Where this funder awards grants
MaineCF funds primarily in Maine, with some activity in Massachusetts and California. The foundation works statewide across Maine and maintains regional presence through offices in Ellsworth and Portland.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $807.6 million
- Total Revenue: $138.8 million
- Total Expenses: $82.3 million
- Total Liabilities: $155 million
Historical Context:
- Assets previously reported at over $650 million
- Over $270 million in cumulative grants and scholarships distributed to projects and students
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $807,558,442 | $732,240,535 | $660,555,891 |
| Revenue | $138,801,505 | $108,670,378 | $52,365,869 |
| Expenses | $82,278,801 | $72,289,614 | $66,170,535 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $60,408,017 | $56,536,762 | $12,086,270 |
| 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 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
73 open opportunities from Maine Community Foundation Inc
Adult College Completion Fund Grant
Maine Community Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Adult Learner Scholarship - Long-Term Scholarship Award Grant
Maine Community Foundation Inc
Amount
US $1,000 - US $2,500
Deadline
Rolling / Open
Adult Learner Scholarship - Short-Term Credential Award Grant
Maine Community Foundation Inc
Amount
US $200 - US $1,200
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
President and Chief Executive Officer: Deborah Ellwood
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sarah Armentrout | Director | 1 | — |
| Brian Bernatchez | Director | 1 | — |
| D Gregg Collins | Director (end 6/2024) | 1 | — |
| Timothy Crowley | Director (end 6/2024) | 1 | — |
| Scot Drager | Director (start 6/2024) | 1 | — |
| Matthew P DuBois | Director (end 5/2024) | 1 | — |
| Martha Dumont | Director (end 6/2024) | 1 | — |
| Susan Hammond | Director | 1 | — |
| Mark Howard | Director | 1 | — |
| Deborah A Jordan | Director (end 6/2024) | 1 | — |
| Ingrid Kiefer | Director (start 6/2024) | 1 | — |
| Amber Lambke | Director | 1 | — |
| Julie Mallet | Director | 1 | — |
| Brooke Parish | Director | 1 | — |
| Joan Lili Pew | Director | 1 | — |
| Alistair Raymond | Director (start 6/2024) | 1 | — |
| Ray Rice | Director (start 6/2024) | 1 | — |
| Claude Rwaganje | Director | 1 | — |
| Tihtiyas Sabattus | Director | 1 | — |
| Shawn Yardley | Director | 1 | — |
| Adilah Muhammad | Chair/Director | 5 | — |
| Benjamin Sprague | Vice Chair/Director | 1 | — |
| Jennifer Richard | Clerk; Director of Gift Planning | 37.5 | $122,163 |
| Emily Baer | Secretary/Asst. to Pres. (end 5/24) | 37.5 | $32,768 |
| Deborah Ellwood | President/CEO/Ex Officio | 50 | $333,904 |
| Michele Camarco | Treasurer/VP, CFO (end 10/2024) | 50 | $188,011 |
| Brendon Reay | Treasurer/VP, CFO/CIO | 50 | $232,603 |
| Laura Lee | VP, Community Impact | 50 | $164,950 |
| Bree Arsenault | VP, Philanthropy | 50 | $188,559 |
| Rebecca Yturregui | VP, Donor Engagement | 50 | $171,904 |
| Elena Sulima | Director of Finance | 37.5 | $130,158 |
| Matthew Grondin | Director of Communications/Marketing | 37.5 | $127,693 |
| Liana Kingsbury | Director of Non-Profit Agency Funds | 37.5 | $120,211 |
| Colby Tucker | Director of Information Technology | 37.5 | $116,077 |
| Laura Reed | Director, Resources/Cmnty Engagement | 37.5 | $111,692 |
Recent News & Activity
Recent developments and announcements
MaineCF has demonstrated active grantmaking and program development:
MaineCF launches two new grant programs \u2013 Maine Community FoundationLaunched two new grant programs (2025)
MaineCF launches two new grant programs \u2013 Maine Community FoundationAnnounced $250,000 emergency grant to address SNAP food shortages (2025)
Continued regional grant distributions to Greater Portland and Aroostook County nonprofits (2024-2025)
Maine Community Foundation awards $272K to 47 Greater Portland nonprofit\Maintains active scholarship distribution programs
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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