Margaret Ann Grinnell
Margaret Ann Grinnell is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Mount Desert, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $302K in total assets. In 2024, it awarded 18 grants totaling $55K. Net investment income was $9K.
Key facts about Margaret Ann Grinnell
- EIN
- 02-6129666
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $55,000
- Grants made (2024)
- 18
- Average grant
- $3,056
- Median grant
- $1,250
- New grantees (estimate)
- 22% first-time grantees (4 of 18, 2024)
- Total assets
- $302,239
- Primary geography
- Maine (82% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Margaret Ann Grinnell funds
By grant dollars, the top recipient states for Margaret Ann Grinnell's 18 itemized 2024 grants were Maine (82%) and New York (9%). The most frequent recipient cities were Portland, ME (3 grants), Mt Desert, ME (2 grants), Bar Harbor, ME (2 grants) and Montgomery, AL (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is Margaret Ann Grinnell open to new grantees?
22%
first-time grantees, 2024
In 2024, 4 of 18 grantees (22%) were first-time recipients. First grants averaged $9K; repeat grants $1K. How we count
Medians: $3K first-time, $1K repeat.
- 39% of 2024 grantees were also funded in 2023. Method
- Giving grew 233% from 2021 to 2024. Method
- In 2024 it paid out 245% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Margaret Ann Grinnell
- How to evaluate Margaret Ann Grinnell as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Margaret Ann Grinnell with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$302K
-14.0% YoY
Annual Giving
$55K
+478.9% YoY
Grant Count
18
+63.6% YoY
Avg Grant Size
$3K
+253.8% YoY
Under IRS private-foundation payout rules, Margaret Ann Grinnell reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.
About Margaret Ann Grinnell
Based on IRS filings
Margaret Ann Grinnell is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Mount Desert, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $302K in total assets. In 2024, it awarded 18 grants totaling $55K. Net investment income was $9K.
Focus Areas
Ready to take the next step with Margaret Ann Grinnell?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 18 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $302,239 | $351,271 | $340,039 |
| Revenue | $12,348 | $24,746 | $6,058 |
| Expenses | $61,380 | $13,514 | $25,273 |
| Qualifying Distributions | $55,000 | $9,500 | $21,000 |
| Net Investment Income | $8,700 | $22,017 | $3,564 |
| Distributable Amount | $22,443 | $50,140 | $14,092 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Grey Farm Giving Daf ($30,000), Litmus Press ($5,000), Abbe Museum ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GREY FARM GIVING DAF Mount Desert, ME | GENERAL PURPOSE | $30,000 |
| LITMUS PRESS Brooklyn, NY | GENERAL PURPOSE | $5,000 |
| ABBE MUSEUM Bar Harbor, ME | GENERAL PURPOSE | $2,000 |
| HEALTHY ACADIA Ellsworth, ME | GENERAL PURPOSE | $2,000 |
| MAINE ENVIRONMENTAL EDUCATION JUSTME FOR JUSTUS Brunswick, ME | GENERAL PURPOSE | $2,000 |
| OPEN TABLE MDI Bar Harbor, ME | GENERAL PURPOSE | $2,000 |
| TIDES FOUNDATIONMOVEMENT San Francisco, CA | GENERAL PURPOSE | $2,000 |
| IN HER PRESENCE Westbrook, ME | GENERAL PURPOSE | $1,500 |
| INDIGO ARTS ALLIANCE Portland, ME | GENERAL PURPOSE | $1,500 |
| EQUITY MAINE FOUNDATION Portland, ME | GENERAL PURPOSE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Margaret Ann Grinnell | Trustee | 2 | — |
| Julie McVeigh | Trustee | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Margaret Ann Grinnell?
Margaret Ann Grinnell is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Mount Desert, ME. It holds $302K in total assets as of 2024.
How large is Margaret Ann Grinnell?
As of 2024, Margaret Ann Grinnell holds $302K in total assets with $12K in annual revenue. It awarded 18 grants totaling $55K in 2024.
Where does Margaret Ann Grinnell operate?
Margaret Ann Grinnell has awarded grants in Alabama, Arizona, California, Illinois, Massachusetts, Maryland, Maine, Minnesota, New York.
What size grants does Margaret Ann Grinnell award?
In 2024, Margaret Ann Grinnell awarded 18 grants totaling $55K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Margaret Ann Grinnell required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Margaret Ann Grinnell reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Margaret Ann Grinnell's EIN?
Margaret Ann Grinnell's EIN (Employer Identification Number) is 02-6129666. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Margaret Ann Grinnell's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Maine Community Foundation Inc
Ellsworth, ME
Assets
$807.6M
Grants
1,161
Total Given
$57.6M
Elmina B Sewall Foundation
Freeport, ME
Assets
$164.8M
Grants
296
Total Given
$14.4M
The Ford Foundation
New York, NY
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
Cornelia Cogswell Rossi Foundation Inc
Wilmington, DE
Assets
$2.6M
Grants
117
Total Given
$2.1M
Boston Foundation Inc
Boston, MA
Assets
$1.9B
Grants
2,046
Total Given
$169.9M
Onion Foundation
Auburn, ME
Assets
—
Grants
245
Total Given
$4.4M
Bangor Savings Bank Foundation
Bangor, ME
Assets
$7.0M
Grants
156
Total Given
$1.2M
TD Charitable Foundation
Portland, ME
Assets
—
Grants
1,003
Total Given
$24.9M
Simple Generosity Foundation
Cape Elizabeth, ME
Assets
$2.8M
Grants
339
Total Given
$4.4M
Franklin Savings Bank Community
Farmington, ME
Assets
—
Grants
182
Total Given
$705K
Melmac Education Foundation
Augusta, ME
Assets
$38.7M
Grants
180
Total Given
$1.4M
Saco & Biddeford Savings
Saco, ME
Assets
—
Grants
168
Total Given
$372K
More Funders in Maine
Data last updated September 2026. Sourced from IRS Form 990-PF filings.