Preachers' Aid Society of New England
Preachers' Aid Society of New England endeavors to remain faithful to our core commitment to improve the quality of life among our United Methodist clergy, especially those who have retired from ministry and their surviving spouses. Through our strong financial support for retiree health care, training in personal financial management, spiritual life retreats and direct services to clergy families in need, we utilize the endowment of our Society to help generations of families enjoy a rich and full life in Christian ministry.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$53.2M
+4.7% YoY
Annual Giving
$380K
Grant Count
2
Avg Grant Size
$190K
About Preachers' Aid Society of New England
Based on IRS filings
Preachers' Aid Society of New England is a nonprofit organization, based in WELLS, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53.2M in total assets. In 2024, it awarded 2 grants totaling $380K. Net investment income was $2.0M.
Ready to take the next step with Preachers' Aid Society of New England?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $53,183,149 | $50,793,022 | $48,592,141 |
| Revenue | $2,739,303 | $2,756,146 | $1,949,291 |
| Expenses | $2,705,660 | $2,199,889 | $1,921,671 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,996,576 | $2,082,149 | $1,291,131 |
| 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 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Open Grants
2 open opportunities from Preachers' Aid Society of New England
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New England Conference of the United Methodist Church ($350,000), United Methodist Foundation of New England ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| New England Conference of the United Methodist Church Methuen, MA | Community benefit grant. | $350,000 |
| United Methodist Foundation of New England Salem, NH | Community benefit grant. | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| George Dow Sr | Director | 2 | — |
| Rich Hughen | Director (start 5/2024) | 2 | — |
| Ellen Jackson | Director | 2 | — |
| Cynthia Johnson | Director | 2 | — |
| April Morgan | Director | 2 | — |
| Donald O'Keefe | Director | 2 | — |
| Gwen Savych | Director | 2 | — |
| Douglas Stevenson | Director | 2 | — |
| Jinsook Song | Director | 2 | — |
| R Paul Weston | Director (end 5/2024) | 2 | — |
| Douglas Verge | Director | 2 | — |
| Elizabeth Dallas | President | 2 | — |
| Lynn Matson | 1st Vice President | 2 | — |
| Tracy Tarver | 2nd Vice President | 2 | — |
| Charles Emery | Treasurer | 2 | — |
| Janice Schuster | Secretary | 2 | — |
| Dr Wesley E Palmer | Executive Director | 40 | $115,135 |
Frequently Asked Questions
How large is Preachers' Aid Society of New England?
As of 2024, Preachers' Aid Society of New England holds $53.2M in total assets with $2.7M in annual revenue. It awarded 2 grants totaling $380K in 2024.
Where does Preachers' Aid Society of New England operate?
Preachers' Aid Society of New England has awarded grants in Massachusetts, New Hampshire.
What size grants does Preachers' Aid Society of New England award?
In 2024, Preachers' Aid Society of New England awarded 2 grants totaling $380K — an average of about $190K per grant, based on its IRS Form 990 filings.
What is Preachers' Aid Society of New England's EIN?
Preachers' Aid Society of New England's EIN (Employer Identification Number) is 04-6037997. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Preachers' Aid Society of New England's focus areas in our free grants database
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
The Ruth J Jones Charitable Foundation
DAMARISCOTTA, ME
Assets
$3.2M
Grants
18
Total Given
$255K
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
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Preachers' Aid Society of New England on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Preachers' Aid Society of New England to a real strategy.