The Bracy Memorial Trust Fund
The Bracy Memorial Trust Fund is a private foundation based in Augusta, Maine. It reported 25 grants totaling $52,700 in 2025, including scholarships for graduating students from high schools in central Maine and support for organizations in Maine.
The Bracy Memorial Trust Fund at a glance
In short: The Bracy Memorial Trust Fund gave $53K across 25 grants in 2025 (avg $2K), mostly in Maine. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $52,700
- +7.9% vs 2024
- Grants made (2025)
- 25
- +8.7% vs 2024
- Average grant
- $2,108
- -0.7% vs 2024
- Median grant
- $1,000
- Total assets
- $670,644
- -0.8% vs 2024
- New grantees (estimate)
- 13% first-time grantees (3 of 24, 2025; small sample)
- Primary geography
- Maine (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Bracy Memorial Trust Fund
- How to Apply
-
The filing specifies no application form and states that the foundation does not restrict giving to preselected organizations.
- Review Cycle
- May 1, as stated in the 2025 filing; this date has passed.
- Deadline
- May 1, as stated in the 2025 filing; this date has passed.
- Contact
Application contact: Amos Byron Ctfa
Mailing address: PO Box 50, Augusta, ME 04332
Phone: (207) 622-5801
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Bracy Memorial Trust Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Readfield United Methodist Church ($5K). Together the top 10 received $34K.
Organizations only. It also paid 1 individual scholarship ($5,100), which are not listed by name.
Grant Size Distribution
121 grants across all recorded years
The most common grant size was under $50K: 121 grants of 121 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Maine. The filing’s scholarship restriction specifies graduating students from a high school in central Maine.
Grant Distribution by State
Share of 2025 grant dollars across all 25 itemized grants.
Cities
Is The Bracy Memorial Trust Fund open to new grantees?
13%
first-time grantees, 2025
In 2025, 3 of 24 grantees (13%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $1K; repeat grants $2K. How we count
Medians: $1K first-time, $2K repeat.
- 88% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $42K (2019) to $53K (2025). In 2025 it made 25 grants totaling $53K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $5,100 |
| 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 |
| Mainegeneral Health Augusta, ME | General Financialsupport | $4,000 |
| Maine-Dartmouth Family Medicine Residency Augusta, ME | General Financialsupport | $3,500 |
| Family Violence Project Augusta, ME | General Financialsupport | $2,500 |
| Mainegeneral Medical Center Augusta, ME | General Financialsupport | $2,500 |
| Spectrum Generations Augusta, ME | General Financialsupport | $2,500 |
| Humane Society Waterville Area Waterville, ME | General Financialsupport | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $670,644 | $56,819 | $62,697 | $52,700 | 25 | $57,341 | $51,891 | $52,200 |
| 2024 | $676,381 | $47,753 | $57,597 | $48,850 | 23 | $52,527 | $43,695 | $49,397 |
| 2023 | $685,973 | $59,639 | $53,218 | $45,100 | 22 | $48,838 | $55,259 | $43,582 |
| 2022 | $679,499 | $35,632 | $56,771 | $47,700 | 25 | $51,428 | $31,817 | $44,952 |
| 2021 | $701,036 | $73,738 | $57,978 | $50,000 | 26 | $53,885 | $69,777 | $49,404 |
| 2020 | $685,246 | $33,525 | $48,876 | $42,000 | 22 | — | $30,051 | $41,418 |
| 2019 | $700,523 | $21,237 | $48,189 | $41,500 | 20 | — | $17,878 | $41,008 |
Under IRS private-foundation payout rules, The Bracy Memorial Trust Fund reported a distributable amount of $52K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included scholarships and general financial support for organizations working in areas such as health care, services for older and disabled adults, domestic abuse prevention, animal welfare, land conservation, community programs, nature-based learning, and child abuse prevention.
These examples reflect the grantees’ stated missions: MaineGeneral Health says it works to enhance the health of patients, families, and communities; the Family Violence Project says it works to end domestic abuse in Kennebec and Somerset counties; and the Kennebec Valley Humane Society says it cares for and protects animals, places them in lifelong homes, and works to prevent cruelty through education.
Grantmaking
In 2025, the foundation reported 25 grants totaling $52,700. Grant amounts ranged from $500 to $5,100, with a median of $1,000.
Among the larger 2025 grants were $5,100 for scholarships, $5,000 each to Readfield United Methodist Church, Readfield Union Meeting House, and First Congregational Church of North Berwick, and $4,000 to MaineGeneral Health. Other listed recipients included Maine-Dartmouth Family Medicine Residency ($3,500), Family Violence Project ($2,500), MaineGeneral Medical Center ($2,500), Spectrum Generations ($2,500), Humane Society Waterville Area ($2,000), Protectors of Animal Life Society IMA ($2,000), and Kennebec Valley Humane Society ($2,000).
The 2025 filing states that no specific application form is required. It also states that the foundation awards scholarships each year to one or more graduating students from a high school in central Maine.
Leadership & Key People
Officers and directors from IRS filings
The Bracy Memorial Trust Fund's only listed officer is Kennebec Savings Bank, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
Kennebec Savings Bank
Trustee
On filings since 2019
2 hrs/week
$6K (2019) → $4K (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $4K, to Kennebec Savings Bank (Trustee).
Frequently asked questions about The Bracy Memorial Trust Fund
How much does The Bracy Memorial Trust Fund give each year?
The Bracy Memorial Trust Fund gave $53K across 25 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $49K across 23 grants.
What is The Bracy Memorial Trust Fund's typical grant size?
The Bracy Memorial Trust Fund's median grant in 2025 was $1,000, and its average grant was $2,108, across 25 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Bracy Memorial Trust Fund that year got $1K on average.
Where does The Bracy Memorial Trust Fund give grants?
The Bracy Memorial Trust Fund gives mostly in Maine: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Augusta, ME (16 grants), Waterville, ME (4 grants) and Gardiner, ME (2 grants).
Does The Bracy Memorial Trust Fund give general operating support?
Yes: 96% of The Bracy Memorial Trust Fund's 2025 grants with a stated purpose (24 of 25) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Bracy Memorial Trust Fund's largest grantees?
The Bracy Memorial Trust Fund's largest 2025 grantees include Readfield United Methodist Church ($5,000), Readfield Union Meeting House ($5,000) and First Congregational Church of North Berwick ($5,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($5,100), which are not listed by name. Together they received 28% of its itemized 2025 grant dollars.
How large is The Bracy Memorial Trust Fund?
The Bracy Memorial Trust Fund reported $671K in total assets on its 2025 IRS Form 990-PF. It paid out $57K in qualifying distributions that year, against a required minimum of $52K (roughly 5% of its investment assets).
What does The Bracy Memorial Trust Fund fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from The Bracy Memorial Trust Fund?
The filing specifies no application form and states that the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 1, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 23, 2020)
- IRS filings on file for fiscal years 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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Cite this profile
Grantable. (2026). The Bracy Memorial Trust Fund funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-bracy-memorial-trust-fund-morg_1311de3dbc4e44a9a22a4b5e2513d4a1
BibTeX
@misc{grantable_262813347_2026,
author = {{Grantable}},
title = {{The Bracy Memorial Trust Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-bracy-memorial-trust-fund-morg_1311de3dbc4e44a9a22a4b5e2513d4a1},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Bracy Memorial Trust Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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