Margaret Chase Smith Foundation
Margaret Chase Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.6M in total assets. In 2024, it awarded 7 grants totaling $35K. Net investment income was $1.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.6M
+13.8% YoY
Annual Giving
$35K
+1.1% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$5K
+1.1% YoY
About Margaret Chase Smith Foundation
Based on IRS filings
Margaret Chase Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.6M in total assets. In 2024, it awarded 7 grants totaling $35K. Net investment income was $1.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,592,589 | $14,580,089 | $13,077,281 |
| Revenue | $1,146,555 | $716,214 | $-557,538 |
| Expenses | $725,530 | $604,554 | $591,797 |
| Qualifying Distributions | $629,394 | $528,537 | $555,770 |
| Net Investment Income | $1,047,854 | $610,494 | $695,889 |
| 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 7 recipients in 2024
Grant Size Distribution
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Charles L Cragin Esq | President | 0.5 | — |
| Douglas M Henry | Vice President | 0.5 | — |
| Michael J Quinlan | Treasurer/Secretary | 0.5 | — |
| Davida D Barter | Director | 0.38 | — |
| John M Bernier | Director | 0.38 | — |
| Claude Berube | Director | 0.38 | — |
| Joseph Hanslip | Director | 0.38 | — |
| Paula D Silsby | Director | 0.38 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Total Given
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Total Given
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Total Given
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Bowery Beach School Bldg Maintenance Tr
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Assets
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Grants
0
Total Given
—
United Way of Tri Vally Area
FARMINGTON, ME
Assets
$306K
Grants
13
Total Given
$77K
Elmina B Sewall Foundation
FREEPORT, ME
Assets
$164.8M
Grants
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Total Given
$14.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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