Maine Workers Compensation Policyholder
To utilize funds to assist Maine employers and organizations with activities that will help build a stronger, safer, healthier, and more successful future workforce and economy within the state of Maine.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.5M
+9.9% YoY
Annual Giving
$580K
+168.1% YoY
Grant Count
8
+14.3% YoY
Avg Grant Size
$73K
+134.6% YoY
About Maine Workers Compensation Policyholder
Based on IRS filings
Maine Workers Compensation Policyholder is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in AUGUSTA, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.5M in total assets. In 2024, it awarded 8 grants totaling $580K. Net investment income was $1.0M.
Focus Areas
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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 | $19,502,233 | $17,753,427 | $12,978,623 |
| Revenue | $2,455,768 | $5,064,150 | $326,317 |
| Expenses | $680,819 | $313,050 | $108,939 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,023,156 | $548,998 | $326,317 |
| 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 8 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Maine Business Education Partnership dba Maine Business Relief Fund ($250,000), Maine Business Education Partnership ($77,435), Maine Business Education Partnership ($64,746).
| Recipient | Purpose | Amount |
|---|---|---|
| Maine Business Education Partnership Augusta, ME | Secondary School Education program for forestry workforce sector in Maine | $64,746 |
| Maine Business Education Partnership Augusta, ME | Training program for workforce in the forestry and lumber field in Maine | $77,435 |
| Maine Business Education Partnership dba Maine Business Relief Fund Augusta, ME | Funding for businesses that were impacted by the "Grinch" December storm in Maine | $250,000 |
| Maine Business Education Partnership Augusta, ME | Ocean Green education program geared towards secondary students pursuing careers in this field in Maine | $28,000 |
| Maine Business Education Partnership Augusta, ME | Program for workforce growth and housing in Piscataquis County Maine | $35,000 |
| Maine Business Education Partnership Augusta, ME | Educational mini grants awarded to school for ELO and career expedition programs | $30,000 |
| Maine Business Education Partnership Augusta, ME | Workforce Innovation program in Presque Isle, Maine | $50,000 |
| Maine Business Education Partnership Augusta, ME | Piscataquis Chamber Workforce Program | $45,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Curtis Picard | Trustee | 2 | — |
| Patrick Woodcock | Trustee | 2 | — |
| Peter Gore | Trustee | 2 | — |
| Mari O'Neil MBEP | Administrator | 1 | $19,875 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Maine Workers Compensation Policyholder?
Maine Workers Compensation Policyholder is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in AUGUSTA, ME. It holds $19.5M in total assets as of 2024.
How large is Maine Workers Compensation Policyholder?
As of 2024, Maine Workers Compensation Policyholder holds $19.5M in total assets with $2.5M in annual revenue. It awarded 8 grants totaling $580K in 2024.
Where does Maine Workers Compensation Policyholder operate?
Maine Workers Compensation Policyholder has awarded grants in Maine.
What size grants does Maine Workers Compensation Policyholder award?
In 2024, Maine Workers Compensation Policyholder awarded 8 grants totaling $580K — an average of about $73K per grant, based on its IRS Form 990 filings.
What is Maine Workers Compensation Policyholder's EIN?
Maine Workers Compensation Policyholder's EIN (Employer Identification Number) is 47-7212082. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Maine Workers Compensation Policyholder'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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