Margaret Chase Smith Foundation
Margaret Chase Smith Foundation is a private foundation, based in Portland, ME. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $17.9M in total assets. In 2025, it awarded 3 grants totaling $7K. Net investment income was $1.4M.
Key facts about Margaret Chase Smith Foundation
In short: Margaret Chase Smith Foundation gave $7K across 3 grants in 2025 (avg $2K), mostly in Maine. Source: 2025 IRS Form 990-PF.
- EIN
- 01-0388680
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $7,157
- Grants made (2025)
- 3
- Average grant
- $2,386
- Median grant
- $1,950
- Total assets
- $17,880,623
- Primary geography
- Maine (51% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$17.9M
+7.8% YoY
Annual Giving
$7K
-79.3% YoY
Grant Count
3
-57.1% YoY
Avg Grant Size
$2K
-51.6% YoY
How Margaret Chase Smith Foundation gives
- Giving fell 80% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $7K (2025) to $40K (2021). In 2025 it made 3 grants totaling $7K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Tunnel to Towers Foundation ($4K). Together the top 3 received $7K.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 38 grants of 38 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tunnel to Towers Foundation Staten Island, MI | Donation in Memory of John Bernier. | $3,500 |
| Essay Contest Skowhegan, ME | Education - Provided 8 essay contest winners with amounts ranging from $50 to $1000. | $1,950 |
| School Trip Fund and Teacher Worksh Skowhegan, ME | Education Fund - School Trips to Library and Teacher Workshops | $1,707 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $17,880,623 | $16,592,589 | $14,580,089 |
| Revenue | $1,547,700 | $1,146,555 | $716,214 |
| Expenses | $654,585 | $725,530 | $604,554 |
| Qualifying Distributions | $620,705 | $629,394 | $528,537 |
| Net Investment Income | $1,427,976 | $1,047,854 | $610,494 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Margaret Chase Smith Foundation is led by Charles L Cragin Esq., President on every filing since 2020; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Charles L Cragin Esq.
President
On filings since 2020
0.5 hrs/week
No compensation reported
Davida D Barter
Director
On filings since 2020
0.4 hrs/week
No compensation reported
Joseph Hanslip
Director
On filings since 2020
0.4 hrs/week
No compensation reported
Paula D Silsby
Director
On filings since 2020
0.4 hrs/week
No compensation reported
Claude Berube
Director
On filings since 2024
0.4 hrs/week
No compensation reported
Douglas M Henry
Vice President
On filings since 2020
0.5 hrs/week
No compensation reported
John M Bernier
Past Director
Director → Past Director, 2025
On filings since 2020
0.4 hrs/week
No compensation reported
Michael J Quinlan
Treasurer & Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Margaret Chase Smith Foundation
How much does Margaret Chase Smith Foundation give each year?
Margaret Chase Smith Foundation gave $7K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $35K across 7 grants.
What is Margaret Chase Smith Foundation's typical grant size?
Margaret Chase Smith Foundation's median grant in 2025 was $1,950, and its average grant was $2,386, across 3 grants on its 2025 IRS Form 990-PF.
Where does Margaret Chase Smith Foundation give grants?
Margaret Chase Smith Foundation gives mostly in Maine: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Michigan (49%). The most frequent recipient cities were Skowhegan, ME (2 grants).
Does Margaret Chase Smith Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Margaret Chase Smith Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Margaret Chase Smith Foundation?
Margaret Chase Smith Foundation reported $17.9M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1.5M.
What is Margaret Chase Smith Foundation's EIN?
Margaret Chase Smith Foundation's EIN (Employer Identification Number) is 01-0388680. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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