Sayles & Maddocks Family Foundation

WEST BOOTHBAY HARBOR, ME EIN: 06-6395098

The Sayles & Maddocks Family Foundation is a private family foundation established in 1993 in Connecticut and currently based in West Boothbay Harbor, Maine. The foundation operates as a 501(c)(3) tax-exempt organization with no employees, focusing on general charitable purposes across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+6.1% YoY

Annual Giving

$204K

-1.0% YoY

Grant Count

17

-15.0% YoY

Avg Grant Size

$12K

+16.5% YoY

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

Mission & Focus Areas

The foundation primarily funds general charitable purposes. Its grantmaking focuses on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Connecticut
  • Massachusetts
  • New York

Grant Distribution by State

4states

Cities

Boothbay HarborBostonBridgeportCambridgeConcordKensingtonNatickNew YorkNortonNorwalkSmithtownWestportWinchendon

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 2024:

  • Total Assets: $1,555,843
  • Total Revenue: $320,434
  • Total Expenses: $231,611
  • Total Giving: $204,000
  • Net Income: $88,823

Revenue Sources (2024):

  • Investment income and dividends: $56,234
  • Net gain from sale of non-inventory assets: $264,200
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$88K$176K$264K$352K20202021202220232024
Metric202420232022
Total Assets$1,555,843$1,466,255$1,544,306
Revenue$320,434$153,492$248,359
Expenses$231,611$231,543$204,897
Qualifying Distributions$204,000$206,000$179,500
Net Investment Income$320,434$153,492$229,316
Distributable Amount$180,347$144,464$145,931

Giving Over Time

Total grant dollars and number of grants per year

$0$52K$103K$155K$206K17 grants202012 grants202117 grants202220 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

American Red Cross$28KWheaton College$25KNorwalk Hospital Fdn$25KBoothbay Region YMCA$25KUnited Way$23KSimmons University$21KGuide Dog Foundation$10KWalnut Hill School$9KAlzheimer's Association$7KNorwalk Senior Center$6K

Grant Size Distribution

83 grants across all recorded years

83<$50K$50–100K$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
Marily M KerneyPres./Trustee0.5
David M HarrisTreas./Trustee0.1
Jonathan B BaldwinVP/Trustee0.1
Sara McCarthyTrustee0.1
Patricia SaylesTrustee0.1

Contact Information

Address: PO Box 127, West Boothbay Harbor, ME 04575-0127

Phone: 207-504-7486

EIN: 06-6395098

Tax-Exempt Status: Recognized since March 1994

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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