The Foundation for Maine's Community Colleges
The Foundation for Maine's Community Colleges is dedicated to ensuring that the State's seven community colleges have the resources they need to provide a high quality, affordable, and accessible college education for Maine people.
The Foundation for Maine's Community Colleges at a glance
In short: The Foundation for Maine's Community Colleges gave $3.2M across 1 grant in 2025 (avg $3.2M), mostly in Maine. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $3,190,039
- -51.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $3,190,039
- -51.0% vs 2024
- Median grant
- $3,190,039
- Total assets
- $6,163,766
- -34.7% vs 2024
- Primary geography
- Maine (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Foundation for Maine's Community Colleges funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Maine Community College System ($3.2M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Foundation for Maine's Community Colleges gives
- Giving held roughly steady from 2022 to 2025 (−12%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2.3M (2021) to $7.9M (2023). In 2025 it made 1 grant totaling $3.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Maine Community College System Augusta, ME | General support of Maine's 7 community colleges | $3,190,039 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $6,163,766 | $980,979 | $3,691,939 | $3,190,039 | 1 | $121,878 |
| 2024 | $9,433,902 | $1,379,321 | $6,927,329 | $6,514,446 | 1 | $271,433 |
| 2023 | $14,060,481 | $1,406,703 | $8,256,473 | $7,874,871 | 1 | $211,531 |
| 2022 | $20,354,624 | $16,834,487 | $3,942,310 | $3,610,529 | 1 | $64,515 |
| 2021 | $8,006,332 | $2,353,007 | $2,642,418 | $2,302,525 | 1 | $139,359 |
| 2020 | $8,040,056 | $2,189,713 | $2,844,514 | $2,542,565 | 1 | $72,311 |
About The Foundation for Maine's Community Colleges
Based on IRS filings
The Foundation for Maine's Community Colleges is a public charity focused on Education, based in South Portland, ME. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6.2M in total assets. In 2025, it awarded 1 grant totaling $3.2M. Net investment income was $122K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Foundation for Maine's Community Colleges is led by John Fitzsimmons, President on every filing since 2020; 1 of 11 officers listed in 2025 is compensated.
Officers on the 2025 filing
John Fitzsimmons
President
On filings since 2020
40 hrs/week
$54K (2020) → $149K (2025)
John R McKernan Jr.
Chair
On filings since 2020
8 hrs/week
No compensation reported
David Daigler
Director
On filings since 2020
5 hrs/week
No compensation reported
Elaine D Rosen
Director
On filings since 2020
7 hrs/week
No compensation reported
Robert Montgomery-Rice
Director
On filings since 2020
5 hrs/week
No compensation reported
Joseph Purington
Director
On filings since 2023
5 hrs/week
No compensation reported
Scott Ballard
Director
On filings since 2023
5 hrs/week
No compensation reported
Tony DiSotto
Director
On filings since 2023
5 hrs/week
No compensation reported
Daniel E Wathen
Secretary
On filings since 2020
5 hrs/week
No compensation reported
Lawrence A Wold
Treasurer
Director → Treasurer, 2023
On filings since 2020
6 hrs/week
No compensation reported
Lisa M Gorman
Vice Chair
On filings since 2020
7 hrs/week
No compensation reported
Former officers (4)
- Former: Carol Epstein (2020–2024) — Past Director
- Former: Raymond T Kelley (2020–2023) — Past Director
- Former: Richard Petersen (2020–2023) — Past Treasurer
- Former: Audrey Thomson (2020) — Former President
Data from IRS Form 990 filings, 2020–2025. "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 $149K, to Dr John Fitzsimmons (President).
Frequently asked questions about The Foundation for Maine's Community Colleges
How much does The Foundation for Maine's Community Colleges give each year?
The Foundation for Maine's Community Colleges gave $3.2M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $6.5M across 1 grant.
How large is The Foundation for Maine's Community Colleges?
The Foundation for Maine's Community Colleges reported $6.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $981K.
What is The Foundation for Maine's Community Colleges?
The Foundation for Maine's Community Colleges is a public charity focused on Education, based in South Portland, ME. It holds $6.2M in total assets as of 2025.
Where does The Foundation for Maine's Community Colleges operate?
The Foundation for Maine's Community Colleges has awarded grants in Maine.
What is The Foundation for Maine's Community Colleges's EIN?
The Foundation for Maine's Community Colleges's EIN (Employer Identification Number) is 27-1363414. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS March 2, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 22, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 18, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS October 31, 2025)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work The Foundation for Maine's Community Colleges funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Foundation for Maine's Community Colleges's focus areas in our free grants database
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Figures come from The Foundation for Maine's Community Colleges'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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