Rural Futures Fund

PORTLAND, ME EIN: 20-8797462

Rural Futures Fund 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 $768K in total assets. In 2024, it awarded 5 grants totaling $194K. Net investment income was $65K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$768K

-41.8% YoY

Annual Giving

$194K

-8.9% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$39K

-8.9% YoY

About Rural Futures Fund

Based on IRS filings

Rural Futures Fund 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 $768K in total assets. In 2024, it awarded 5 grants totaling $194K. Net investment income was $65K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Bar HarborBathBelfastBiddefordOld TownOronoPortlandThomastonWiscasset

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$301K$603K$904K$1M20202021202220232024
Metric202420232022
Total Assets$767,887$1,319,650$1,857,304
Revenue$66,536$144,138$65,392
Expenses$618,299$657,173$1,076,058
Qualifying Distributions$615,888$653,165$1,056,972
Net Investment Income$65,324$123,163$74,278
Distributable Amount$47,789$79,474$123,660

Giving Over Time

Total grant dollars and number of grants per year

$0$171K$342K$512K$683K7 grants20206 grants20215 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Rural Youth Institute$100KMaine Seacoast Mission$31KMaine Youth Alliance$25KUniversity of Maine$25KOld-Town Orono YMCA$13K

Grant Size Distribution

28 grants across all recorded years

7<$50K11$50–100K10$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

Erin M CinelliAssociate Director and Secre…$89K

From 2024 filing

NameTitleHoursCompensation
Erin M CinelliAssociate Director and Secretary40$89,173
Catharine Biddle PhDDirector (end 11/2024)1
Victoria BonebakkerDirector1
Andrew HudacsDirector1
Lowell LibbyDirector1
Susan C RuchDirector1
Owen McCarthyPresident1
Jon DotyTreasurer (end 11/2024)1
Sarah CampbellTreasurer1

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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