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
Under IRS private-foundation payout rules, The Aldermere Foundation reported a distributable amount of $379K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Maine Coast Heritage Trust ($271,600), Coastal Mountains Land Trust ($15,000), Natural Resources Council of Maine ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ART VAN PROGRAM BRUNSWICK, ME | GENERAL SUPPORT | $5,000 |
| BAY CHAMBER CONCERTS AND COMMUNITY MUSIC ROCKPORT, ME | GENERAL SUPPORT | $1,000 |
| CENTER FOR ECOLOGICAL TEACHING AND LEARNING DENNYSVILLE, ME | GENERAL SUPPORT | $10,000 |
| CHEWONKI FOUNDATION WISCASSET, ME | GENERAL SUPPORT | $5,000 |
| COASTAL MOUNTAINS LAND TRUST CAMDEN, ME | GENERAL SUPPORT | $15,000 |
| FRIENDS OF CASCO BAY SOUTH PORTLAND, ME | GENERAL SUPPORT | $5,000 |
| HURRICAINE ISLAND CENTER FOR SCIENCE AND LEADERSHIP ROCKLAND, ME | GENERAL SUPPORT | $10,000 |
| MAINE COAST HERITAGE TRUST TOPSHAM, ME | ALDERMERE FARM OPERATING SUPPORT | $271,600 |
| MAINE CONSERVATION ALLIANCE BELFAST, ME | GENERAL SUPPORT | $9,000 |
| MAINE CONSERVATION LAW FOUNDATION PORTLAND, ME | GENERAL SUPPORT | $5,000 |
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
Frequently Asked Questions
What does The Aldermere Foundation fund?
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…
How do I apply for a grant from The Aldermere Foundation?
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.
Where does The Aldermere Foundation make grants?
The foundation focuses its grantmaking on Maine, with particular emphasis on coastal regions and conservation initiatives throughout the state.
What size grants does The Aldermere Foundation award?
In 2024, The Aldermere Foundation awarded 17 grants totaling $388K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is The Aldermere Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Aldermere Foundation reported a distributable amount of $379K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Aldermere Foundation's EIN?
The Aldermere Foundation's EIN (Employer Identification Number) is 01-6059906. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Aldermere Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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