Olive a Coates Charitable Trust

PORTLAND, ME EIN: 01-6149204

Olive a Coates Charitable Trust 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 $4.3M in total assets. In 2024, it awarded 6 grants totaling $361K. Net investment income was $718K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.3M

+8.7% YoY

Annual Giving

$361K

-10.7% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$60K

-10.7% YoY

About Olive a Coates Charitable Trust

Based on IRS filings

Olive a Coates Charitable Trust 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 $4.3M in total assets. In 2024, it awarded 6 grants totaling $361K. Net investment income was $718K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

CamdenRocklandRockport

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$209K$418K$627K$836K20202021202220232024
Metric202420232022
Total Assets$4,280,629$3,938,780$4,059,833
Revenue$760,032$338,819$404,762
Expenses$419,615$458,425$470,983
Qualifying Distributions$374,210$423,451$420,778
Net Investment Income$717,722$295,129$367,536
Distributable Amount$426,376$378,075$378,830

Giving Over Time

Total grant dollars and number of grants per year

$0$102K$204K$306K$408K6 grants20206 grants20216 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

SELECT BOARD TOWN OF CAM…$135KFIVE TOWN CSD$45KCAMDEN AREA DISTRICT NUR…$45KQUARRY HILL$45KCOASTAL OPPORTUNITIES$45KPAWS ANIMAL ADOPTION CEN…$45K

Grant Size Distribution

30 grants across all recorded years

15<$50K10$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

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

HM PAYSON COTRUSTEE$42KRICHARD A MCKITTRICKTRUSTEE$11K

From 2024 filing

NameTitleHoursCompensation
HM PAYSON COTRUSTEE1$41,757
RICHARD A MCKITTRICKTRUSTEE1$10,989

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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