Mascoma Bank Foundation
Mascoma Bank Foundation is a private foundation based in Lebanon, New Hampshire. Its 2025 filing reports 35 grants totaling $499,000 to organizations in Vermont, New Hampshire, Maine, and West Virginia, with listed purposes including education, social services, arts, and healthcare.
Mascoma Bank Foundation at a glance
In short: Mascoma Bank Foundation gave $499K across 35 grants in 2025 (avg $14K), top state Vermont. 74% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $499,000
- -40.4% vs 2024
- Grants made (2025)
- 35
- -83.0% vs 2024
- Average grant
- $14,257
- +250.9% vs 2024
- Median grant
- $10,000
- Total assets
- $7,181,046
- +6.5% vs 2024
- New grantees (estimate)
- 74% first-time grantees (26 of 35, 2025)
- Primary geography
- Vermont (46% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Mascoma Bank Foundation
- How to Apply
-
The filing says applications may be submitted on the Mascoma Bank website and should be complete when submitted. Proposals are considered quarterly. The filing states that grants are restricted to organizations within Mascoma Bank’s lending area, and that a recipient may submit a new application after at least 24 months have passed since receiving a donation.
- Review Cycle
- The filing lists January 1, April 1, July 1, and October 1. All of those 2026 dates have passed.
- Deadline
- The filing lists January 1, April 1, July 1, and October 1.
- Contact
Application contact: Mariah Davis
Mailing address: 67 N Park Street, Lebanon, NH 03766
Phone: (802) 490-1866
Website: https://mascomabank.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Mascoma Bank Foundation
Who Mascoma Bank Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Early Care Education Association ($50K). Together the top 10 received $258K.
Grant Size Distribution
366 grants across all recorded years
The most common grant size was under $50K: 364 grants of 366 (99%).
Geographic Focus
Where this funder awards grants
The filing restricts grants to organizations within Mascoma Bank’s lending area. In 2025, grant dollars went to recipients in Vermont (46%), New Hampshire (34%), Maine (19%), and West Virginia (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 35 itemized grants.
Cities
Is Mascoma Bank Foundation open to new grantees?
74%
first-time grantees, 2025
In 2025, 26 of 35 grantees (74%) were first-time recipients. First grants averaged $15K; repeat grants $11K. How we count
Medians: $14K first-time, $10K repeat.
- 3% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+14%). Method
- In 2025 it paid out 108% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $398K (2021) to $837K (2024). In 2025 it made 35 grants totaling $499K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Early Care Education Association White River JCT, VT | Education | $50,000 |
| New Hampshire Food Bank Concord, NH | Social Services | $25,500 |
| Vermont Food Bank Montpelier, VT | Social Services | $25,000 |
| Food for All Services Portland, ME | Social Services | $25,000 |
| Southeast VT Community Action Westminster, VT | Social Services | $25,000 |
| Sophia's Hearth Keene, NH | Social Services | $25,000 |
| One Arts Burlington, VT | ARTS | $25,000 |
| Preble Street Portland, ME | Social Services | $24,500 |
| Alice Peck Day Lebanon, NH | Healthcare | $17,500 |
| Northern Human Services Conway, NH | Social Services | $15,000 |
Ready to take the next step with Mascoma Bank Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $7,181,046 | $1,008,564 | $570,593 | $499,000 | 35 | $499,000 | $898,057 | $461,351 |
| 2024 | $6,745,057 | $939,775 | $895,986 | $836,868 | 206 | $836,868 | $723,872 | $437,849 |
| 2023 | $6,705,521 | $769,992 | $470,239 | $426,950 | 42 | $426,950 | $402,649 | $409,230 |
| 2022 | $6,414,862 | $516,886 | $498,335 | $436,365 | 45 | $436,365 | $99,111 | $420,546 |
| 2021 | $6,399,459 | $872,803 | $451,348 | $397,500 | 38 | $397,500 | $534,378 | $419,968 |
| 2020 | $5,978,350 | $289,323 | $577,597 | $532,500 | 67 | — | $77,225 | $390,194 |
Under IRS private-foundation payout rules, Mascoma Bank Foundation reported a distributable amount of $461K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available sources do not state the foundation’s mission. Its 2025 grants show support for organizations working in areas including education, social services, arts, and healthcare. For example, grantee ONE ARTS says its mission is to facilitate and coordinate unique and significant art experiences in its local community. Preble Street says it provides barrier-free services for people experiencing homelessness, housing problems, hunger, and poverty, and advocates for solutions. Youth and Family Outreach says it creates opportunities supporting learning and quality of life for children, teens, and families in Greater Portland.
Other 2025 grantees describe work in family and caregiver support, public transportation, community power-building and healing, youth development, and support for people affected by mental illness and developmental disabilities.
Grantmaking
In filing year 2025, the foundation made 35 grants totaling $499,000. Grant amounts ranged from $1,000 to $50,000, with a median of $10,000. Among the largest reported awards were $50,000 to Early Care Education Association for education; $25,500 to New Hampshire Food Bank and $25,000 each to Vermont Food Bank, Food for All Services, Southeast VT Community Action, and Sophia’s Hearth for social services; and $25,000 to ONE ARTS for arts.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Merritt Patridge as chair and Mohamed Basha, Frank Leibly, Deirdre Goodrich, and Catherine Richmond as trustees.
Mascoma Bank Foundation is led by Merritt Patridge, Chair since 2023 (on filings since 2021); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Merritt Patridge
Chair
Trustee → Chair, 2023
On filings since 2021
0.5 hrs/week
No compensation reported
Frank Leibly III
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Deirdre Goodrich
Trustee
On filings since 2021
0.5 hrs/week
No compensation reported
Catherine Richmond
Trustee
On filings since 2024
0.5 hrs/week
No compensation reported
Mohamed Basha
Trustee
New on the 2025 filing
0.5 hrs/week
No compensation reported
Former officers (5)
- Former: Daniel McGee (2023–2024) — Trustee
- Former: Gary Gray (2020–2023) — Trustee
- Former: Gretchen Cherington (2020–2023) — Trustee
- Former: Edward Kerrigan (2020–2022) — Trustee
- Former: Sara Kobylenski (2020) — Trustee
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 Mascoma Bank Foundation
How much does Mascoma Bank Foundation give each year?
Mascoma Bank Foundation gave $499K across 35 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $837K across 206 grants.
What is Mascoma Bank Foundation's typical grant size?
Mascoma Bank Foundation's median grant in 2025 was $10,000, and its average grant was $14,257, across 35 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Mascoma Bank Foundation that year got $15K on average.
Where does Mascoma Bank Foundation give grants?
Mascoma Bank Foundation's top state is Vermont, with 46% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New Hampshire (34%) and Maine (19%). The most frequent recipient cities were Portland, ME (6 grants), Keene, NH (4 grants), Burlington, VT (3 grants) and Lebanon, NH (3 grants).
Does Mascoma Bank Foundation give general operating support?
Not in 2025: none of the 35 grants with a stated purpose on Mascoma Bank Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Social Services" (14 grants), "Housing" (4 grants) and "Education" (3 grants).
Who are Mascoma Bank Foundation's largest grantees?
Mascoma Bank Foundation's largest 2025 grantees include Early Care Education Association ($50,000), New Hampshire Food Bank ($25,500) and Vermont Food Bank ($25,000), according to its 2025 IRS Form 990-PF. Together they received 20% of its itemized 2025 grant dollars.
How large is Mascoma Bank Foundation?
Mascoma Bank Foundation reported $7.2M in total assets on its 2025 IRS Form 990-PF. It paid out $499K in qualifying distributions that year, against a required minimum of $461K (roughly 5% of its investment assets).
What does Mascoma Bank Foundation fund?
The available sources do not state the foundation’s mission. Its 2025 grants show support for organizations working in areas including education, social services, arts, and healthcare. See mission & focus areas ↑
How do I apply for a grant from Mascoma Bank Foundation?
The filing says applications may be submitted on the Mascoma Bank website and should be complete when submitted. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Mascoma Bank Foundation's EIN?
Mascoma Bank Foundation's EIN (Employer Identification Number) is 22-2816632. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Mascoma Bank Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Mascoma Bank Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/mascoma-bank-foundation-morg_696538e1e4344d3ea90355a5b8a2b8f4
BibTeX
@misc{grantable_222816632_2026,
author = {{Grantable}},
title = {{Mascoma Bank Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mascoma-bank-foundation-morg_696538e1e4344d3ea90355a5b8a2b8f4},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Mascoma Bank 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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