Sumner O Hancock Scholarship Fund
The Sumner O Hancock Scholarship Fund is a private foundation based in Casco, Maine, that supports scholarships for students. Its most recent filing on record is for 2022, with no filings since then; the fund appears to have wound down or stopped grantmaking.
Key facts about Sumner O Hancock Scholarship Fund
In short: Sumner O Hancock Scholarship Fund gave $29K across 24 grants in 2022 (avg $1K), mostly in Maine. Source: 2022 IRS Form 990-PF.
- EIN
- 01-6028898
- Latest 990 filing
- Form 990-PF, 2022
- Annual giving (2022)
- $28,700
- Grants made (2022)
- 24
- Average grant
- $1,196
- Median grant
- $1,000
- Total assets
- $373,261
- Primary geography
- Maine (97% of itemized 2022 grant dollars)
- How to apply
- The filing says to obtain an application from Matt Hancock. Full details ↓
- Deadline
- The filing lists May 15 each year.
Data from IRS Form 990-PF, 2022; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$373K
-1.2% YoY
Annual Giving
$29K
-28.6% YoY
Grant Count
24
+26.3% YoY
Avg Grant Size
$1K
-43.5% YoY
Under IRS private-foundation payout rules, Sumner O Hancock Scholarship Fund reported a distributable amount of $28K for 2022 — the minimum it must pay out in qualifying distributions.
How Sumner O Hancock Scholarship Fund gives
- In 2022 it paid out 109% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
The fund’s filing describes scholarship awards, loans, and grants. It does not state a separate mission.
Grantmaking
In 2022, the fund reported 24 grants totaling $28,700. Awards ranged from $1,000 to $1,600, with a median grant of $1,000. The largest listed awards went to individual recipients for scholarships: two of $1,600 and several of $1,500.
Review Cycle
The filing lists May 15 each year. The 2026 date has passed, and the fund has no filing on record after 2022.
How to Apply
The filing says to obtain an application from Matt Hancock. It limits eligibility to students in the Casco, Maine area. The fund’s bylaws state that a three-person awards committee appointed by the president and board of trustees evaluates applicants for scholarships, loans, and grants, and that committee members may not have direct relatives applying. These instructions are from the 2022 filing and are not presented as current application guidance.
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Geographic Focus
Where this funder awards grants
The filing limits eligibility to students in the Casco, Maine area. In 2022, 97% of grant dollars went to recipients in Maine and 3% to recipients in Massachusetts.
Grant Distribution by State
Share of 2022 grant dollars across all 24 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $20K (2020) to $40K (2021). In 2022 it made 24 grants totaling $29K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
55 grants across all recorded years
The most common grant size was under $50K: 55 grants of 55 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 24 individual scholarships Recipients not named | — | $28,700 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants given |
|---|---|---|---|---|
| 2022 | $373,261 | $35,303 | $38,140 | $28,700 |
| 2021 | $377,672 | $37,706 | $47,840 | $40,200 |
| 2020 | $390,227 | $25,342 | $26,684 | $19,700 |
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $373,261 | $377,672 | $390,227 |
| Revenue | $35,303 | $37,706 | $25,342 |
| Expenses | $38,140 | $47,840 | $26,684 |
| Qualifying Distributions | $31,050 | $40,200 | — |
| Net Investment Income | $3,892 | $15,249 | $8,648 |
| Distributable Amount | $28,460 | $31,151 | $25,079 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
Leadership & Key People
Leadership team and compensation from IRS filings
The 2022 filing lists Geoffrey Hancock as president, Stephen A Edwards as vice president, K Matthew Hancock as treasurer, and Jeff Hall as clerk. Trustees listed are Dustin Hancock, Tracy Hancock, Betsy Wandishin, Beth Chagrasulis, Alison Hancock, and Brian Clark.
Sumner O Hancock Scholarship Fund is led by Geoffrey Hancock, President since 2022 (on filings since 2020); none of the 13 officers listed in 2022 report compensation.
Officers on the 2022 filing
Geoffrey Hancock
President
Trustee → President, 2022
On filings since 2020
1 hr/week
No compensation reported
Alison Hancock
Trustee
On filings since 2020
1 hr/week
No compensation reported
Beth Chagrasulis
Trustee
On filings since 2020
1 hr/week
No compensation reported
Betsy Wandishin
Trustee
On filings since 2020
1 hr/week
No compensation reported
Brian Clark
Trustee
On filings since 2020
1 hr/week
No compensation reported
David Morse
Trustee
On filings since 2020
1 hr/week
No compensation reported
Dustin Hancock
Trustee
On filings since 2020
1 hr/week
No compensation reported
Faye Levasseur
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jessie Toohey
Trustee
On filings since 2020
1 hr/week
No compensation reported
Tracy Hancock
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jeff Hall
Clerk
Trustee → Clerk, 2021
On filings since 2020
1 hr/week
No compensation reported
K. Matthew Hancock
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Stephen A. Edwards
Vice President
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Holly Hancock (2020–2021) — President
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Matt Hancock
Mailing address: P O Box 295, Casco, ME 04015
Phone: (207) 627-7676
Frequently asked questions about Sumner O Hancock Scholarship Fund
How much does Sumner O Hancock Scholarship Fund give each year?
Sumner O Hancock Scholarship Fund gave $29K across 24 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $40K across 19 grants.
What is Sumner O Hancock Scholarship Fund's typical grant size?
Sumner O Hancock Scholarship Fund's median grant in 2022 was $1,000, and its average grant was $1,196, across 24 grants on its 2022 IRS Form 990-PF.
Where does Sumner O Hancock Scholarship Fund give grants?
Sumner O Hancock Scholarship Fund gives mostly in Maine: 97% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there.
Does Sumner O Hancock Scholarship Fund give general operating support?
Not in 2022: none of the 24 grants with a stated purpose on Sumner O Hancock Scholarship Fund's 2022 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (24 grants).
How large is Sumner O Hancock Scholarship Fund?
Sumner O Hancock Scholarship Fund reported $373K in total assets on its 2022 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $28K (roughly 5% of its investment assets).
What does Sumner O Hancock Scholarship Fund fund?
The fund’s filing describes scholarship awards, loans, and grants. It does not state a separate mission. See mission & focus areas ↑
How do I apply for a grant from Sumner O Hancock Scholarship Fund?
The filing says to obtain an application from Matt Hancock. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Sumner O Hancock Scholarship Fund's EIN?
Sumner O Hancock Scholarship Fund's EIN (Employer Identification Number) is 01-6028898. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Here's the math on researching Sumner O Hancock Scholarship Fund by hand.
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