Margaret Chase Smith Foundation

Private foundation · Grantmaker Portland, ME EIN: 01-0388680

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.

Margaret Chase Smith Foundation at a glance

In short: Margaret Chase Smith Foundation gave $7K across 3 grants in 2025 (avg $2K), mostly in Maine. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$7,157
-79.3% vs 2024
Grants made (2025)
3
-57.1% vs 2024
Average grant
$2,386
-51.6% vs 2024
Median grant
$1,950
Total assets
$17,880,623
+7.8% vs 2024
Primary geography
Maine (51% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Margaret Chase Smith Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Tunnel to Towers Foundation: $4KTunnel to Towers Foundation$4KEssay Contest: $2KEssay Contest$2KSchool Trip Fund and Teacher Worksh: $2KSchool Trip Fund and TeacherWorksh$2K

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

38<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 38 grants of 38 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

SkowheganAnnapolisOronoWest PointCollege ParkHallowellMadisonStaten IslandWashington

How Margaret Chase Smith Foundation gives

  • Giving fell 80% from 2022 to 2025. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K16 grants2020 13 grants2021 8 grants2022 7 grants2023 7 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $7K (2025) to $40K (2021). In 2025 it made 3 grants totaling $7K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Tunnel to Towers Foundation Staten Island, MIDonation in Memory of John Bernier.$3,500
Essay Contest Skowhegan, MEEducation - Provided 8 essay contest winners with amounts ranging from $50 to $1000.$1,950
School Trip Fund and Teacher Worksh Skowhegan, MEEducation Fund - School Trips to Library and Teacher Workshops$1,707
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2025$17,880,623$1,547,700$654,585$7,1573$620,705$1,427,976
2024$16,592,589$1,146,555$725,530$34,5307$629,394$1,047,854
2023$14,580,089$716,214$604,554$34,1547$528,537$610,494
2022$13,077,281$-557,538$591,797$35,6158$555,770$695,889
2021$16,066,037$149,802$603,240$40,16513$495,223$160,035
2020$13,849,816$131,571$517,069$37,38416—$163,398

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.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Live grants for the work Margaret Chase Smith Foundation funds

Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Margaret Chase Smith Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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