MaineHealth
See Part 1, Line 1 for the organization's mission.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$4.2B
+9.5% YoY
Annual Giving
$4.6M
+50.2% YoY
Grant Count
27
+42.1% YoY
Avg Grant Size
$170K
+5.7% 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 | $4,165,602,847 | $3,803,040,949 | $3,765,508,907 |
| Revenue | $4,114,078,544 | $3,690,471,384 | $3,440,262,667 |
| Expenses | $3,970,262,728 | $3,513,572,710 | $3,330,800,641 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $64,057,934 | $20,210,721 | $45,514,961 |
| 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
116 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does MaineHealth fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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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 |
|---|---|---|---|
| Linda Terry | Trustee | 1 | — |
| Quincy Hentzel | Trustee | 1 | — |
| Matthew C Chin | Trustee | 1 | — |
| Peter Wood | Trustee | 1 | — |
| Amanda Rand Esq | Trustee | 1 | — |
| Stuart H Watson | Trustee | 1 | — |
| Thomas J Ryan Jr MD FACC | Physician | 24 | $328,038 |
| Brian H Noyes | Trustee | 1 | — |
| Brett Loffredo MD | Physician | 50 | $399,880 |
| Clint Boothby Esq | Trustee | 1 | — |
| Daniel Loiselle MD | Trustee | 1 | — |
| David Kumaki MD FACP | Former Physician/Trustee | 1 | $2,015 |
| Gregory Dufour | Trustee | 1 | — |
| Jere G Michelson | Trustee | 1 | — |
| Sandy Morrell Rooney | Trustee | 1 | — |
| Kate Herlihy MD MHP | Physician | 50 | $265,774 |
| Lisa Beaule MD | VP Physc & APP Svcs - So. Region | 50 | $594,453 |
| Melissa Smith | Trustee | 1 | — |
| Morris Fisher | Chairman | 1 | — |
| Marie J McCarthy | Vice Chairman | 1 | — |
| Nancy Hasenfus MD | Trustee | 1 | — |
| Peter Manning MD | Physician | 50 | $395,747 |
| Katherine B Coster | Trustee | 1 | — |
| Ann Bresnahan | Trustee | 1 | — |
| Andrew Mueller MD | CEO and President | 50 | $2,222,049 |
| Albert G Swallow III | CFO, Board Treasurer | 50 | $1,275,516 |
| Beth Kelsch | General Counsel, Board Secretary | 50 | $752,576 |
| Matthew R Sanborn MD | Physician | 50 | $1,479,719 |
| Robert Ecker MD | Chief - Neurosciences | 50 | $1,462,063 |
| Dougald MacGillivray MD | Physician | 50 | $1,295,020 |
| Joseph T Alexander MD | Physician | 50 | $1,311,775 |
| Adam J Rana MD | Physician | 50 | $1,342,886 |
| Robert Frank | Former General Counsel | 20 | $117,526 |
| Jeffrey Sanders | Former MMC President | 50 | $1,364,442 |
| Lugene Inzana | Former Officer/MH Associate CFO | 50 | $887,523 |
| Joel Botler MD | Former Officer/Reg. CMO-So. Region | 50 | $855,473 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Vermont $10.1M (61%)
Maine $3.6M (21%)
Massachusetts $1.2M (7%)
New Hampshire $410K (2%)
Michigan $347K (2%)
Connecticut $326K (2%)
Minnesota $209K (1%)
Louisiana $164K (1%)
+6 more states
States
Cities
Ann ArborAugustaBathBaton RougeBelfastBiddefordBostonBradfordBrunswickBurlingtonCambridgeCamdenCarrabassett ValleyConcordDallasDes MoinesHallowellHonoluluLebanonLewiston
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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