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
Among its reported 2024 grants, the largest include US Naval Academy Foundation ($10,000), University of Maine -- Margaret Chase Smith Policy Center ($10,000), West Point Association of Graduates ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Essay Contest Skowhegan, ME | Education - Provided 8 essay contest winners with amounts ranging from $50 to $1000. | $2,000 |
| School Trip Fund and Teacher Worksh Skowhegan, ME | Education Fund - School Trips to Library and Teacher Workshops | $1,530 |
| US Naval Academy Foundation Annapolis, MD | Education - Leadership and ethics for women in military service | $10,000 |
| University of Maine -- Margaret Chase Smith Policy Center Orono, ME | Education - Maine Policy Review | $10,000 |
| West Point Association of Graduates West Point, NY | Education - Leadership and ethics for women in military service | $10,000 |
| Kathryn Cassesse Skowhegan, ME | Natural History Day Teacher of the Year Award | $500 |
| Jessica Kelly Skowhegan, ME | Natural History Day Teacher of the Year Award | $500 |
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
Frequently Asked Questions
What is Margaret Chase Smith Foundation?
Margaret Chase Smith Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. It holds $16.6M in total assets as of 2024.
How large is Margaret Chase Smith Foundation?
As of 2024, Margaret Chase Smith Foundation holds $16.6M in total assets with $1.1M in annual revenue. It awarded 7 grants totaling $35K in 2024.
Where does Margaret Chase Smith Foundation operate?
Margaret Chase Smith Foundation has awarded grants in District of Columbia, Maryland, Maine, New York.
What size grants does Margaret Chase Smith Foundation award?
In 2024, Margaret Chase Smith Foundation awarded 7 grants totaling $35K — an average of about $5K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Margaret Chase Smith Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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