Skowhegan Savings Charitable Foundation is a private foundation focused on Human Services, based in SKOWHEGAN, ME. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 11 grants totaling $400K. Net investment income was $425K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
+7.3% YoY
Annual Giving
$400K
+158.9% YoY
Grant Count
11
+120.0% YoY
Avg Grant Size
$36K
+17.7% YoY
Under IRS private-foundation payout rules, Skowhegan Savings Charitable Foundation reported a distributable amount of $158K for 2024 — the minimum it must pay out in qualifying distributions.
About Skowhegan Savings Charitable Foundation
Based on IRS filings
Skowhegan Savings Charitable Foundation is a private foundation focused on Human Services, based in SKOWHEGAN, ME. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 11 grants totaling $400K. Net investment income was $425K.
Focus Areas
Ready to take the next step with Skowhegan Savings Charitable Foundation?
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 | $3,002,020 | $2,797,580 | $2,948,634 |
| Revenue | $947,770 | $26,313 | $452,987 |
| Expenses | $417,601 | $67,867 | $333,083 |
| Qualifying Distributions | $401,416 | $157,405 | $165,535 |
| Net Investment Income | $425,049 | $63,732 | $440,245 |
| Distributable Amount | $157,726 | $146,222 | $138,050 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mid Maine Technical Center ($75,000), AGC Maine ($75,000), Beth Brunswick Memorial Fund for Children ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Central Maine Growth Council Waterville, ME | Dirigo Labs Pitch prize and Sponsorship to help support a startup initiative that scores the highest overall pitch | $25,000 |
| Mid Maine Technical Center Waterville, ME | Support for purchase of computers and equipment to help establish the engineering program | $75,000 |
| Beth Brunswick Memorial Fund for Children Rangeley, ME | Support for construction of new childcare development center. | $50,000 |
| Trust to Conserve Northeast Forestlands Augusta, ME | To help support logging operations program and training for heavy equipment operators | $15,000 |
| ProsperityME Portland, ME | Financial Literacy and empowerment program for Maine's immigrant community. | $10,000 |
| AGC Maine Augusta, ME | Support for the Maine Contruction Academy Pre-Apprenticeship and Apprenticeship programs. Programs provide students with work-ready certifications such as NCCER Core Badges, OSHA 1 hour certification, First Aid & CPR for construction and others. Students are also provided with a full set of the required personal protective gear to work on construction sites. | $75,000 |
| Jobs for Maine Graduates Augusta, ME | Support for the Microcredentialed Competency Model. The model will have a significant positive impact on the local economy by enhancing workforce readiness, increasing employability, and fostering economic growth. This model is designed to provide students with the specific skills and credentials necessary to thrive in todays competitive job market, thereby directly contributing to the economic development of the communities we serve. | $25,000 |
| Tri County Technical Center Dexter, ME | Support technical center's purchase of metal band saw for programming | $25,000 |
| Maine Mountain Childrens House Kingfield, ME | Support for child care center expansion and renovation project | $25,000 |
| KVCAP Early Childhood School Waterville, ME | Support for a new Early Childhood Center in the new Skowhegan Elementary School. Skowhegans Early Childhood Center (ECC) will become an exemplar for embedding educational programming for the first five years of a childs life into a public school building. The Center will include 4 infant/toddler rooms (32 children aged 0-3) and 8 preschool rooms (128 children 3-5 years old) for a total of 160 children | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John Witherspoon | President | 1 | — |
| Vicki Alward | Treasurer | 1 | — |
| Andrew Fortin-Trimble | Secretary | 1 | — |
| Carolann Ouellette | Director | 1 | — |
| Samuel Hight | Director | 1 | — |
| Michael Dugay | Director | 1 | — |
| Flint Christie | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Skowhegan Savings Charitable Foundation?
Skowhegan Savings Charitable Foundation is a private foundation focused on Human Services, based in SKOWHEGAN, ME. It holds $3.0M in total assets as of 2024.
How large is Skowhegan Savings Charitable Foundation?
As of 2024, Skowhegan Savings Charitable Foundation holds $3.0M in total assets with $948K in annual revenue. It awarded 11 grants totaling $400K in 2024.
Where does Skowhegan Savings Charitable Foundation operate?
Skowhegan Savings Charitable Foundation has awarded grants in Maine.
What size grants does Skowhegan Savings Charitable Foundation award?
In 2024, Skowhegan Savings Charitable Foundation awarded 11 grants totaling $400K — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is Skowhegan Savings Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Skowhegan Savings Charitable Foundation reported a distributable amount of $158K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Skowhegan Savings Charitable Foundation's EIN?
Skowhegan Savings Charitable Foundation's EIN (Employer Identification Number) is 27-4318997. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Skowhegan Savings Charitable Foundation'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 Skowhegan Savings Charitable Foundation 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 Skowhegan Savings Charitable Foundation to a real strategy.