The Hudson 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 $5.2M in total assets. In 2024, it awarded 18 grants totaling $146K. Net investment income was $195K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.2M
+29.1% YoY
Annual Giving
$146K
+6.6% YoY
Grant Count
18
+12.5% YoY
Avg Grant Size
$8K
-5.3% YoY
Under IRS private-foundation payout rules, The Hudson Foundation reported a distributable amount of $222K for 2024 — the minimum it must pay out in qualifying distributions.
About The Hudson Foundation
Based on IRS filings
The Hudson 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 $5.2M in total assets. In 2024, it awarded 18 grants totaling $146K. Net investment income was $195K.
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 | $5,167,747 | $4,001,823 | $2,723,117 |
| Revenue | $219,340 | $-27,617 | $30,532 |
| Expenses | $195,515 | $179,908 | $210,237 |
| Qualifying Distributions | $170,550 | $159,026 | $167,415 |
| Net Investment Income | $195,375 | $9,487 | $13,245 |
| Distributable Amount | $222,251 | $166,185 | $167,612 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
83 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Waynflete School ($25,000), Avesta Housing ($15,000), Northeastern University ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Avesta Housing Portland, ME | To support services needed by asylum seekers | $15,000 |
| Family Planning Association of Maine Inc (aka Maine Family Planning) Augusta, ME | General Support | $5,000 |
| Loaves & Fishes Food Pantry Ayer, MA | General Support | $9,000 |
| Maine Center for Coastal Fisheries Stonington, ME | General Support | $7,500 |
| Maine Initiatives Portland, ME | General Support | $1,000 |
| Maine Jewish Museum Portland, ME | General Support | $5,000 |
| Maine Math and Science Alliance Augusta, ME | General Support | $8,500 |
| Maine Medical Center Portland, ME | General Support | $10,000 |
| Mano en Mano Hand in Hand Milbridge, ME | Food pantry programs; Welcome & Resource centers; anti-bias education; cultural celebrations | $5,000 |
| Mid Coast Hunger Prevention Program Brunswick, ME | General Support | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Justin H Schair | Director | 1 | — |
| Annemieke L Schair | Director | 1 | — |
| Cindy Fernandez | Director | 1 | — |
| Milo Schair-Rigoletti | Director | 1 | — |
| Gillian B Schair | President | 1 | — |
| Lori-Ann Touchette | Secretary | 1 | $9,116 |
| Erica M Schair-Cardona | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hudson Foundation?
The Hudson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, ME. It holds $5.2M in total assets as of 2024.
How large is The Hudson Foundation?
As of 2024, The Hudson Foundation holds $5.2M in total assets with $219K in annual revenue. It awarded 18 grants totaling $146K in 2024.
Where does The Hudson Foundation operate?
The Hudson Foundation has awarded grants in Massachusetts, Maine.
What size grants does The Hudson Foundation award?
In 2024, The Hudson Foundation awarded 18 grants totaling $146K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Hudson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hudson Foundation reported a distributable amount of $222K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hudson Foundation's EIN?
The Hudson Foundation's EIN (Employer Identification Number) is 01-0482817. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hudson 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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