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Reny Charitable Foundation

NEWCASTLE, ME EIN: 02-6095307 Website

The Reny Charitable Foundation is a private family foundation established in 1993 and based in Newcastle, Maine. It is the philanthropic arm of the Renys department store chain, which was founded in Damariscotta. The foundation operates as a 501(c)(3) organization with a focus on supporting community initiatives and charitable causes in the regions where Renys operates.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.6M

+2.5% YoY

Annual Giving

$380K

+5.5% YoY

Grant Count

105

-19.2% YoY

Avg Grant Size

$4K

+30.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation is committed to giving back to the communities it serves. The Reny Charitable Foundation focuses its grantmaking efforts in four major areas:

  • Education
  • Community
  • Environment
  • Music

The foundation supports a diverse group of local and national organizations. Notable partnerships and grantees include Camp Sunshine, Maine P-PODS, Good Shepherd Food Bank, American Cancer Society Making Strides, Honor Flight Maine, and the Dempsey Challenge.

Beyond these primary focus areas, the foundation has also supported unrestricted scholarships, including the Loren St Cyr scholarship for students facing challenges in attending college. The foundation has funded community initiatives such as the Round Up for PPOD Cutout Campaign and the New Dama Oyster Festival.

Grantmaking

The foundation notes that each request is reviewed carefully for consideration, though due to the volume of requests received, not all requests can be accepted.

Grant Range

s:** Typical awards range from $200 to $50,000.

How to Apply

** The foundation accepts requests through multiple channels:

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Maine and New Hampshire, with particular emphasis on the regions where Renys operates.

Grant Distribution by State

4states

Cities

AgaustaAlnaAuburnAugustaBangorBar HarborBathBelfastBethelBiddefordBlue HillBoothbayBremenBridgtonBristolBrunswickCamdenCascoCenter HarborDamariscotta

Financial History

Multi-year comparison from IRS filings

Assets: $3,557,638 (as of 2024)

Total Giving: $379,650 (2024)

Total Revenues: $343,282 (2023)

Total Expenses: $396,715 (2023)

Total Assets: $3,472,557 (2023)

Employees: 0

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$272K$543K$815K$1M20202021202220232024
Metric202420232022
Total Assets$3,557,638$3,472,557$3,525,990
Revenue$511,539$343,282$239,610
Expenses$426,458$396,715$436,645
Qualifying Distributions$379,650$359,727$385,518
Net Investment Income$467,819$310,610$204,613
Distributable Amount$213,985$197,519$215,812

Giving Over Time

Total grant dollars and number of grants per year

$0$98K$195K$293K$391K112 grants2020107 grants2021121 grants2022130 grants2023105 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BANGOR AREA YMCA$50KELDERCARE NETWORK$15KLINCOLN ACADEMY ANNUAL F…$15KCOASTAL KIDS$10KGOOD SHEPARD FOOD BANK$10KHEARTY ROOTS$10KHONOR FLIGHT MAINE$10KART VAN$5KBIGELOW LABS$5KCAMDEN PUBLIC LIBRARY$5K

Grant Size Distribution

250 grants across all recorded years

247<$50K2$50–100K1$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

From 2024 filing

NameTitleHoursCompensation
JOHN E RENYTRUSTEE2
ROBERT D RENYTRUSTEE2
FAUSTINE E RENYTRUSTEE2
ADAM RENYTRUSTEE2

Recent News & Activity

Recent developments and announcements

In recent years, the Reny Charitable Foundation has expanded its community impact. A significant grant of $50,000 was awarded to The Community Energy Fund of Lincoln County to launch a new program addressing home heating system repairs and replacements. This initiative was developed in response to identified community needs, as the foundation recognized that many residents requiring heating assistance also had outdated or failing equipment.

Reny Charitable Foundation - Renys

Related Funders

Similar funders by location and focus area

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

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