The Genada Foundation

DAMARISCOTTA, ME EIN: 65-6332116

The Genada Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DAMARISCOTTA, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $421K in total assets. In 2024, it awarded 9 grants totaling $52K. Net investment income was $32K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$421K

-9.0% YoY

Annual Giving

$52K

+124.0% YoY

Grant Count

9

+12.5% YoY

Avg Grant Size

$6K

+99.1% YoY

About The Genada Foundation

Based on IRS filings

The Genada Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DAMARISCOTTA, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $421K in total assets. In 2024, it awarded 9 grants totaling $52K. Net investment income was $32K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

BathBoyton BeachBrownvilleBrunswickDamariscottaEasst BoothbayHallowellNewcastleNobleboro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$56K$84K$111K20202021202220232024
Metric202420232022
Total Assets$421,148$462,833$467,815
Revenue$59,615$61,208$28,857
Expenses$101,300$66,190$90,197
Qualifying Distributions$72,150$41,000$64,350
Net Investment Income$31,865$36,387$3,435
Distributable Amount$40,103$36,666$40,505

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$26K$39K$52K8 grants202010 grants202110 grants20228 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

LINCOLN ACADEMY$15KLINCOLN COUNTY FIELD HOC…$12KCLC YMCA$12KCOASTAL RIVERS CONSERVAT…$6KDAMARISCOTTA HISTORICAL …$6KDAMARISCOTTA NEWCASTLE L…$500LINCOLN COUNTY TELEVISION$500STEPPING STONES$500EBEMEE SNOWMOBILE CLUB$450

Grant Size Distribution

45 grants across all recorded years

45<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DRUSILLA SANFORDTRUSTEE$20KFREDERICK BREWERTRUSTEE$20KKATHERINE EATONTRUSTEE$200JONATHON EATONTRUSTEE$200

From 2024 filing

NameTitleHoursCompensation
DRUSILLA SANFORDTRUSTEE3$20,000
KATHERINE EATONTRUSTEE1$200
JONATHON EATONTRUSTEE1$200
FREDERICK BREWERTRUSTEE2$20,000

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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