The Aldermere Foundation
The Aldermere Foundation is a private foundation established in 1977 and based in Portland, Maine. Operating as an independent trust, the foundation primarily supports environmental conservation and youth services initiatives in Maine.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
-2.1% YoY
Annual Giving
$388K
+7.2% YoY
Grant Count
17
+0.0% YoY
Avg Grant Size
$23K
+7.2% YoY
Mission & Focus Areas
The foundation's purpose is to support the conservation and stewardship of Maine's coastal lands and islands for their scenic beauty, ecological diversity, outdoor recreation opportunities, and working landscapes.
Primary funding areas include:
Maine Coast Heritage Trust: Conservation and stewardship of Maine's coastal lands and islands, promoting the preservation of natural places statewide through partnerships with land trusts, communities, and other organizations.
Coastal Mountains Land Trust: Permanent conservation of land in the western Penobscot Bay region to benefit natural and human communities, including habitat supporting biological diversity, water resources (rivers, lakes, wetlands, aquifers), farms and forests managed for sustained productivity, and scenic landscapes.
Youth Services: General support for organizations serving at-risk youth and youth development.
Grantmaking
The foundation made 17 grants in its most recent reporting year. Grant awards typically range from $1,000 to $271,600. Total giving in 2024 was $387,600.
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Geographic Focus
Where this funder awards grants
The foundation focuses its grantmaking on Maine, with particular emphasis on coastal regions and conservation initiatives throughout the state.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $5,079,342
- Total giving: $387,600
- Total revenues: $337,275
- Total expenses: $444,338
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,079,342 | $5,186,405 | $4,960,721 |
| Revenue | $337,275 | $632,503 | $365,865 |
| Expenses | $444,338 | $406,819 | $406,452 |
| Qualifying Distributions | $398,304 | $371,609 | $368,775 |
| Net Investment Income | $303,297 | $601,152 | $335,202 |
| Distributable Amount | $379,401 | $341,834 | $356,158 |
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
87 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SPINNAKER TRUST | TRUSTEE | 0.67 | $37,916 |
Contact Information
Address: c/o Spinnaker Trust, Portland, ME 04101
Telephone: 207-553-7160
EIN: 01-6059906
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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