The Linnell Foundation
The Linnell Foundation is a private foundation, based in WALDOBORO, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 1 grants totaling $120K. Net investment income was $274K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.0M
+0.5% YoY
Annual Giving
$120K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$120K
+0.0% YoY
Under IRS private-foundation payout rules, The Linnell Foundation reported a distributable amount of $246K for 2024 — the minimum it must pay out in qualifying distributions.
About The Linnell Foundation
Based on IRS filings
The Linnell Foundation is a private foundation, based in WALDOBORO, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 1 grants totaling $120K. Net investment income was $274K.
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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 | $4,953,659 | $4,927,693 | $4,977,480 |
| Revenue | $305,531 | $195,838 | $212,077 |
| Expenses | $237,949 | $245,625 | $248,687 |
| Qualifying Distributions | $206,675 | $305,063 | $214,863 |
| Net Investment Income | $274,257 | $170,338 | $183,115 |
| Distributable Amount | $245,558 | $234,237 | $239,809 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include 2day4tomorrow ($120,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 2DAY4TOMORROW BOCA RATON, FL | CHARITABLE | $120,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RENEE LINNELL | TRUSTEE | — | $18,000 |
| ELIZABETH ANN CONNER | TRUSTEE | — | $13,500 |
| CHARLES R HANSEN JR | TRUSTEE | — | $18,000 |
| GARY LINNELL | TRUSTEE | — | — |
| ELIZABETH CANNING | TRUSTEE | — | $18,000 |
| NICHOLAS CONNER | TRUSTEE | — | $9,000 |
Frequently Asked Questions
How large is The Linnell Foundation?
As of 2024, The Linnell Foundation holds $5.0M in total assets with $306K in annual revenue. It awarded 1 grants totaling $120K in 2024.
Where does The Linnell Foundation operate?
The Linnell Foundation has awarded grants in Florida, New Hampshire.
What size grants does The Linnell Foundation award?
In 2024, The Linnell Foundation awarded 1 grants totaling $120K — an average of about $120K per grant, based on its IRS Form 990 filings.
How much is The Linnell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Linnell Foundation reported a distributable amount of $246K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Linnell Foundation's EIN?
The Linnell Foundation's EIN (Employer Identification Number) is 04-2625173. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Linnell 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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