Margaret J S Kennedy Trust

Foundation · Grantmaker Portland, ME EIN: 01-6027394

Margaret J S Kennedy Trust is a private foundation, based in Portland, ME. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $344K in total assets. In 2025, it awarded 5 grants totaling $11K. Net investment income was $24K.

Key facts about Margaret J S Kennedy Trust

EIN: 01-6027394
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $10,500
Grants made (2025): 5
Average grant: $2,100
Median grant: $1,500
Total assets: $344,318
Primary geography: Maine (57% of itemized 2025 grant dollars)

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

Who Margaret J S Kennedy Trust funds

By grant dollars, the top recipient states for Margaret J S Kennedy Trust's 5 itemized 2025 grants were Maine (57%), Missouri (14%) and Florida (14%). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (5 grants).

How Margaret J S Kennedy Trust gives

Giving fell 30% from 2022 to 2025. Method
In 2025 it paid out 69% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Next steps with Margaret J S Kennedy Trust

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$344K

+3.2% YoY

Annual Giving

$11K

-47.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

-47.5% YoY

Under IRS private-foundation payout rules, Margaret J S Kennedy Trust reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.

About Margaret J S Kennedy Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maine $6K (57%)

Missouri $2K (14%)

Florida $2K (14%)

New York $2K (14%)

Share of all 5 itemized 2025 grant dollars.

States

Florida Massachusetts Maine Missouri New York

Cities

BangorOronoAugustaSouth PortlandAlfredBar HarborBostonCastineFarmingtonFort MyersNorthfieldPanama CitySt LouisTroyWaterville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$344,318	$333,655	$342,865
Revenue	$29,346	$13,907	$-7,062
Expenses	$18,683	$26,414	$30,950
Qualifying Distributions	$13,704	$22,940	$24,883
Net Investment Income	$24,367	$8,458	$3,945
Distributable Amount	$19,920	$18,227	$17,677

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2021–2025

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Grant Size Distribution

28 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include University of Maine Orono ($3,000), Thomas College ($3,000), Florida Atlantic University ($1,500).

Recipient	Purpose	Amount
UNIVERSITY OF MAINE ORONO Orono, ME	SCHOLARSHIP	$3,000
THOMAS COLLEGE Waterville, ME	SCHOLARSHIP	$3,000
FLORIDA ATLANTIC UNIVERSITY St Louis, MO	SCHOLARSHIP	$1,500
FGCU Fort Myers, FL	SCHOLARSHIP	$1,500
ALFRED UNIVERSITY Alfred, NY	SCHOLARSHIP	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Name	Title	Hours	Compensation
Portland Trust Company	Trustee	1	$1,841

Frequently Asked Questions

How large is Margaret J S Kennedy Trust?

As of 2025, Margaret J S Kennedy Trust holds $344K in total assets with $29K in annual revenue. It awarded 5 grants totaling $11K in 2025.

Where does Margaret J S Kennedy Trust operate?

Margaret J S Kennedy Trust has awarded grants in Florida, Massachusetts, Maine, Missouri, New York.

What size grants does Margaret J S Kennedy Trust award?

In 2025, Margaret J S Kennedy Trust awarded 5 grants totaling $11K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Margaret J S Kennedy Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Margaret J S Kennedy Trust reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.