Simmons Foundation - PerkinsThompson logo

Simmons Foundation - PerkinsThompson

PORTLAND, ME EIN: 01-0277832 Website

perkinsthompson-01-0277832 type: exa:search title: 990 Finder | Candid type: exa:search title: Simmons Family Foundation Inc Co Simmons Patriot Media And Communicatio | 990 Report type: exa:news title: "Simmons First Foundation Contributes $50,000 to UAM-UADA Waterfowl Research\ \ Center \_ | The Advance-Monticellonian" type: exa:news title: "Stillwater Public Education Foundation Receives $23,000 Grant from Simmons\ \ First Foundation for Kindergarten Play-Based Learning Project \u2013 Stillwater\ \ Public Education Foundation" type: exa:news title: SPEF receives Simmons First Foundation Grant for Kindergarten Play-based Learning Project | News | stwnewspress.com type: exa:news title: Lincoln Academy receives Simmons Bank grants for student clubs | News | stwnewspress.com type: exa:news title: "Simmons First Foundation Donates $50,000 to Support Snowden Waterfowl Center\ \ of Excellence \u2013 Deltaplex News"

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.6M

+7.1% YoY

Annual Giving

$180K

+4.2% YoY

Grant Count

68

+28.3% YoY

Avg Grant Size

$3K

-18.8% YoY

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

Mission & Focus Areas

The Foundation was established in 1959 to "conduct, carry on, advance and promote religious, charitable, scientific, literary and educational works" and to help "poor and needy" persons to "become self-supporting, acquire education or training, perform useful or creative work or become useful citizens."

Primary funding areas include:

  • Education
  • Arts
  • Health
  • Family services
  • Philanthropy and voluntarism
  • Human services
  • Youth programs and scholarships
  • Community enrichment initiatives

Grantmaking

The Foundation provides funding for:

How to Apply

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Geographic Focus

Where this funder awards grants

The Foundation primarily funds organizations and initiatives in Maine.

Grant Distribution by State

2states

States

Cities

AgustaAuburnAugustaBangorBar HarborBathBelfastBethelBiddefordBoothbayBoothbay HarborBrewerBrunswickCalaisCamdenCaribouChina VillageDamariscottaDedhamDenmark

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2024):

  • Total assets: $3,568,804
  • Total giving: $179,700
  • Total revenues: $467,625 (2023)
  • Total expenses: $217,812 (2023)

Prior Year (2023):

  • Total assets: $3,331,940
  • Total revenues: $468,625
  • Total expenses: $217,812
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$134K$268K$402K$536K20202021202220232024
Metric202420232022
Total Assets$3,568,804$3,331,940$3,068,577
Revenue$467,023$468,625$-571,792
Expenses$227,966$217,812$168,880
Qualifying Distributions$185,333$180,122$140,399
Net Investment Income$447,944$137,725$156,091
Distributable Amount$169,961$158,631$153,093

Giving Over Time

Total grant dollars and number of grants per year

$0$47K$93K$140K$187K44 grants202045 grants202139 grants202253 grants202368 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

University of Southern M…$10KMaine Center for Coastal…$5KCentral Lincoln County Y…$5KGould Academy$5KFoundation for Portland …$5KCamp Susan Curtis$4KFrannie Peabody Center$4KMount Desert Nursing Ass…$4KCommunity Clinical Servi…$4KVOA Northern New England$4K

Grant Size Distribution

228 grants across all recorded years

227<$50K1$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

Leadership team and compensation from IRS filings

  • Clerk of the Foundation: Barbara S. Schlichtman, Esq.

Compensation Overview

From 2024 IRS filing

Paul H RauschTreasurer$1KRobert WoodwardPresident$100Deanna WoodwardTrustee$100Robert Aranson MDTrustee$100Tina JenningsVice President$100Samuel WoodwardTrustee$100John R Opperman EsqTrustee$100Heidi FarberTrustee$100Thomas P Chandel CPATrustee$100

From 2024 filing

NameTitleHoursCompensation
Robert WoodwardPresident1$100
Paul H RauschTreasurer2$1,300
Deanna WoodwardTrustee1$100
Robert Aranson MDTrustee1$100
Tina JenningsVice President1$100
Samuel WoodwardTrustee1$100
John R Opperman EsqTrustee1$100
Heidi FarberTrustee1$100
Thomas P Chandel CPATrustee1$100

Contact Information

Mailing Address: P.O. Box 426 Portland, ME 04112-0426

Phone: (207) 774-2635

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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