The Catholic Foundation of Maine
The Catholic Foundation of Maine offers opportunities to charitably invest through donations or gifts to endowments.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$40.4M
+6.8% YoY
Annual Giving
$1.3M
+42.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$448K
+42.0% YoY
About The Catholic Foundation of Maine
Based on IRS filings
The Catholic Foundation of Maine is a nonprofit organization focused on Religion Related, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $40.4M in total assets. In 2024, it awarded 3 grants totaling $1.3M. Net investment income was $2.1M.
Focus Areas
Ready to take the next step with The Catholic Foundation of Maine?
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 | $40,430,260 | $37,852,248 | $32,450,592 |
| Revenue | $2,666,308 | $3,417,375 | $2,739,012 |
| Expenses | $2,267,820 | $1,662,962 | $1,622,186 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,082,486 | $519,728 | $1,820,716 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Roman Catholic Bishop of Portland ($1,252,862), Catholic Charities of Maine ($72,100), Cheverus High School ($18,800).
| Recipient | Purpose | Amount |
|---|---|---|
| Roman Catholic Bishop of Portland Portland, ME | General Assistance | $1,252,862 |
| Catholic Charities of Maine Portland, ME | General Assistance | $72,100 |
| Cheverus High School Portland, ME | General Assistance | $18,800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bishop Robert Deeley JCD | President (end 2/2024) | 1 | — |
| Scott Graff | CFO & Treasurer | 1 | — |
| Msgr Marc B Caron | Director | 1 | — |
| Bishop James Ruggieri | President (start 2/2024) | 1 | — |
| Rick Bisson | Director (end 9/2023) | 1 | — |
| Laurie Downey | Director | 1 | — |
| Lynn Mistretta | Director (end 9/2023) | 1 | — |
| Aaron Morris | Director | 1 | — |
| Martha Muldoon | Director | 1 | — |
| Alex Sharp | Chairman | 1 | — |
| Nick McCrum | Vice Chairman | 1 | — |
| Lori Boulay | Secretary | 1 | — |
| Elizabeth Badger | Executive Director (end 5/2024) | 40 | $111,305 |
| Kristen Wells | Executive Director (start 5/2024) | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Catholic Foundation of Maine?
The Catholic Foundation of Maine is a nonprofit organization focused on Religion Related, based in PORTLAND, ME. It holds $40.4M in total assets as of 2024.
How large is The Catholic Foundation of Maine?
As of 2024, The Catholic Foundation of Maine holds $40.4M in total assets with $2.7M in annual revenue. It awarded 3 grants totaling $1.3M in 2024.
Where does The Catholic Foundation of Maine operate?
The Catholic Foundation of Maine has awarded grants in Maine.
What size grants does The Catholic Foundation of Maine award?
In 2024, The Catholic Foundation of Maine awarded 3 grants totaling $1.3M — an average of about $448K per grant, based on its IRS Form 990 filings.
What is The Catholic Foundation of Maine's EIN?
The Catholic Foundation of Maine's EIN (Employer Identification Number) is 77-0612679. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Catholic Foundation of Maine's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.