The Bracy Memorial Trust Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUGUSTA, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $676K in total assets. In 2024, it awarded 23 grants totaling $49K. Net investment income was $44K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$676K
-1.4% YoY
Annual Giving
$49K
+8.3% YoY
Grant Count
23
+4.5% YoY
Avg Grant Size
$2K
+3.6% YoY
Under IRS private-foundation payout rules, The Bracy Memorial Trust Fund reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
About The Bracy Memorial Trust Fund
Based on IRS filings
The Bracy Memorial Trust Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUGUSTA, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $676K in total assets. In 2024, it awarded 23 grants totaling $49K. Net investment income was $44K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $676,381 | $685,973 | $679,499 |
| Revenue | $47,753 | $59,639 | $35,632 |
| Expenses | $57,597 | $53,218 | $56,771 |
| Qualifying Distributions | $52,527 | $48,838 | $51,428 |
| Net Investment Income | $43,695 | $55,259 | $31,817 |
| Distributable Amount | $49,397 | $43,582 | $44,952 |
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
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Readfield United Methodist Church ($5,000), Readfield Union Meeting House ($5,000), First Congregational Church of North Berwick ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| READFIELD UNITED METHODIST CHURCH AUGUSTA, ME | GENERAL FINANCIALSUPPORT | $5,000 |
| READFIELD UNION MEETING HOUSE AUGUSTA, ME | GENERAL FINANCIALSUPPORT | $5,000 |
| FIRST CONGREGATIONAL CHURCH OF NORTH BERWICK NORTH BERWICK, ME | GENERAL FINANCIALSUPPORT | $5,000 |
| AUGUSTA COLONIAL THEATER AUGUSTA, ME | GENERAL FINANCIALSUPPORT | $1,000 |
| ALZHEIMER'S CARE CENTER GARDINER, ME | GENERAL FINANCIALSUPPORT | $1,000 |
| CHILDREN'S CENTER AUGUSTA, ME | GENERAL FINANCIALSUPPORT | $500 |
| FAMILY VIOLENCE PROJECT AUGUSTA, ME | GENERAL FINANCIALSUPPORT | $2,500 |
| FRIENDS OF LITHGOW LIBRARY AUGUSTA, ME | GENERAL FINANCIALSUPPORT | $600 |
| HUMANE SOCIETY WATERVILLE AREA WATERVILLE, ME | GENERAL FINANCIALSUPPORT | $2,000 |
| JOHNSON HALL PERFORMING ARTS CENTER GARDINER, ME | GENERAL FINANCIALSUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Bracy Memorial Trust Fund?
The Bracy Memorial Trust Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUGUSTA, ME. It holds $676K in total assets as of 2024.
How large is The Bracy Memorial Trust Fund?
As of 2024, The Bracy Memorial Trust Fund holds $676K in total assets with $48K in annual revenue. It awarded 23 grants totaling $49K in 2024.
Where does The Bracy Memorial Trust Fund operate?
The Bracy Memorial Trust Fund has awarded grants in Maine, New York, Vermont.
What size grants does The Bracy Memorial Trust Fund award?
In 2024, The Bracy Memorial Trust Fund awarded 23 grants totaling $49K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Bracy Memorial Trust Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bracy Memorial Trust Fund reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Bracy Memorial Trust Fund's EIN?
The Bracy Memorial Trust Fund's EIN (Employer Identification Number) is 26-2813347. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Bracy Memorial Trust Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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