THE MARGINAL WAY PRESERVATION FUND IS A NON-PROFIT ORGANIZATION THAT RAISES MONEY TO FUND AN ENDOWMENT WHOSE MISSION IT IS TO FUND PROJECTS TO REPAIR, PRESERVE AND BEAUTIFY THE SCENIC COASTAL WALKWAY LOCATED IN THE TOWN OF OGUNQUIT, MAINE, MORE PARTICULARLY KNOWN AS THE MARGINAL WAY. THE MARGINAL WAY WAS OFFICIALLY PLACED ON THE NATIONAL REGISTER OF HISTORIC PLACES BY THE UNITED STATES DEPARTMENT OF THE INTERIOR ON MARCH 23, 2022, AND IS VISITED BY HUNDREDS OF THOUSANDS OF PEOPLE EACH YEAR WHO WALK THE PATH.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
+23.6% YoY
Revenue
$1.0M
+35.7% YoY
Net Investment Income
$202K
+121.6% YoY
Expenses
$292K
-8.2% YoY
About Marginal Way Preservation Fund
Based on IRS filings
Marginal Way Preservation Fund is a nonprofit organization focused on Environment & Animals, based in OGUNQUIT, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. Net investment income was $202K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,312,019 | $3,489,192 | $2,834,985 |
| Revenue | $1,023,827 | $754,364 | $704,289 |
| Expenses | $291,967 | $318,210 | $201,247 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $202,034 | $91,160 | $117,605 |
| 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 0 recipients in 2024
Grant Size Distribution
1 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 |
|---|---|---|---|
| ALLISON RAMSEY | EXECUTIVE DI | 40 | $120,000 |
| CHARLIE HINDMARSH | PRESIDENT | 4 | — |
| BILL SAWYER | VICE PRESIDE | 4 | — |
| BARBARA O'LEARY | SECRETARY | 4 | — |
| CHRISTOPHER MELLO | TREASURER | 4 | — |
| JOHN PHINNEY | PRESIDENT EM | 2 | — |
| DR CAROL LEARY | BOARD MEMBER | 2 | — |
| SCOOP CARLILE | BOARD MEMBER | 2 | — |
| LOUESA GILLESPIE | BOARD MEMBER | 2 | — |
| LAUREN HAJJAR | BOARD MEMBER | 2 | — |
| MARY KETT | BOARD MEMBER | 2 | — |
| SUMNER NYSTEDT | BOARD MEMBER | 2 | — |
| JIM OLIVER | BOARD MEMBER | 2 | — |
| NAN RAMSEY | BOARD MEMBER | 2 | — |
| LISA EMERSON-STOCLET | BOARD MEMBER | 2 | — |
| KATLYN MITSCH | BOARD MEMBER | 2 | — |
| ERIC STOCLET | BOARD MEMBER | 2 | — |
| CHARLIE SMITH | BOARD MEMBER | 2 | — |
| KATE MANKO | BOARD MEMBER | 2 | — |
| PAUL KAPELA | BOARD MEMBER | 2 | — |
| WENDY BARBRICK | BOARD MEMBER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Grand Chapter of Maine Order of the Eastern Star
AUGUSTA, ME
Assets
$2.9M
Grants
1
Total Given
$5K
Bangor Theological Seminary
PORTLAND, ME
Assets
$22.4M
Grants
3
Total Given
$11K
Maine Hospital Association Inc
AUGUSTA, ME
Assets
$8.0M
Grants
1
Total Given
$10K
Bowery Beach School Bldg Maintenance Tr
SOUTH PORTLAND, ME
Assets
$29K
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
296
Total Given
$14.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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