The Casco Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $758K in total assets. In 2024, it awarded 7 grants totaling $30K. Net investment income was $95K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$758K
+17.7% YoY
Annual Giving
$30K
-22.1% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$4K
+0.2% YoY
Under IRS private-foundation payout rules, The Casco Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
About The Casco Foundation
Based on IRS filings
The Casco Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $758K in total assets. In 2024, it awarded 7 grants totaling $30K. Net investment income was $95K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $757,576 | $643,707 | $606,451 |
| Revenue | $152,393 | $83,534 | $36,910 |
| Expenses | $38,524 | $46,278 | $53,603 |
| Qualifying Distributions | $31,230 | $39,855 | $45,725 |
| Net Investment Income | $95,099 | $9,397 | $5,652 |
| Distributable Amount | $37,783 | $33,378 | $34,047 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Coastal Enterprises Inc ($6,000), Maine Center for Entrepreneurs ($5,000), Thomas College ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL MAINE COMMUNITY BETTERMENT COLLABORATIVE WATERVILLE, ME | GENERAL SUPPORT | $4,000 |
| COASTAL ENTERPRISES INC BRUNSWICK, ME | INROADS TO WHOLESALING & I.D.E.A. SPONSORSHIP | $6,000 |
| COLLEGE OF THE ATLANTIC BAR HARBOR, ME | SUSTAINABLE BUSINESS PROGRAM | $3,000 |
| MAINE CENTER FOR ENTREPRENEURS PORTLAND, ME | TOP GUN PROGRAM | $5,000 |
| THOMAS COLLEGE WATERVILLE, ME | CENTRAL ME TOP GUN PROGRAM & SUSTAINABLE BUSINESS PROGRAM | $5,000 |
| UNIVERSITY OF MAINE FOUNDATION ORONO, ME | FEMALE INAUGURAL INNOVATE ME ASPIRING ENTREPRENEUR FELLOWSHIP PROGRAM | $3,000 |
| UPSTART MAINE ORONO, ME | MASTERMIND: 8-12 WOMEN FOUNDERS TECHNICAL RESOURCES & EXPENSES | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SANDRA L STONE | DIRECTOR, PRESIDENT | 0.5 | — |
| ALEXANDER W KNECHT | DIRECTOR, TREASURER | — | — |
| RICHARD E CURRAN | DIRECTOR, SECRETARY | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Casco Foundation?
The Casco Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. It holds $758K in total assets as of 2024.
How large is The Casco Foundation?
As of 2024, The Casco Foundation holds $758K in total assets with $152K in annual revenue. It awarded 7 grants totaling $30K in 2024.
Where does The Casco Foundation operate?
The Casco Foundation has awarded grants in Illinois, Maine, New Hampshire.
What size grants does The Casco Foundation award?
In 2024, The Casco Foundation awarded 7 grants totaling $30K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Casco Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Casco Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Casco Foundation's EIN?
The Casco Foundation's EIN (Employer Identification Number) is 45-4869369. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Casco Foundation'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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