Maine Community Foundation Inc
The Maine Community Foundation brings people and resources together to build a better Maine.
Financial Overview
From 2024 IRS Form 990-PF
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
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| 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
5,289 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Maine Community Foundation Inc fund?
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Key People
Officers and directors from IRS filings
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 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Maine $177.0M (76%)
Massachusetts $10.9M (5%)
California $7.6M (3%)
New York $6.0M (3%)
Colorado $4.3M (2%)
District of Columbia $4.3M (2%)
Ohio $3.7M (2%)
Virginia $2.3M (1%)
+41 more states
States
AlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutDistrict of ColumbiaDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKentuckyMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNebraskaNew HampshireNew JerseyNew MexicoNew YorkOhioOklahomaOregonPennsylvaniaPrRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
Cities
ActonAddisonAlbert LeaAlbionAlexanderAlexandriaAlfredAlnaAltonAmericusAmherstAnchorageAndoverAnn ArborArdmoreArlingtonArundelArvadaAshfieldAshland
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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