The Marjorie C Bailey Charitable Foundation

DAMARISCOTTA, ME EIN: 26-6103130

The Marjorie C Bailey Charitable 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 $3.7M in total assets. In 2024, it awarded 13 grants totaling $231K. Net investment income was $92K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.7M

-4.4% YoY

Annual Giving

$231K

+3.4% YoY

Grant Count

-40.9% YoY

Avg Grant Size

$18K

+75.0% YoY

Under IRS private-foundation payout rules, The Marjorie C Bailey Charitable Foundation reported a distributable amount of $244K for 2024 — the minimum it must pay out in qualifying distributions.

About The Marjorie C Bailey Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maine $872K (74%)

Michigan $50K (4%)

Virginia $50K (4%)

Minnesota $43K (4%)

South Carolina $40K (3%)

Pennsylvania $34K (3%)

California $20K (2%)

Massachusetts $12K (1%)

+10 more states

States

Arizona California District of Columbia Illinois Indiana Massachusetts Maine Michigan Minnesota North Carolina New York Ohio Oregon Pennsylvania South Carolina Tennessee Virginia Wisconsin

Cities

Agoura HillsAnnandaleAvonBathBostonBrunswickCollege PointDamariscottaDamarsicottaDoylestownGorhamGreenvilleHillsdaleJeffersonJenkinstownMadisonMaggie ValleyMattapanMemphisMiddletown

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,654,156	$3,821,285	$3,579,852
Revenue	$161,354	$516,763	$419,777
Expenses	$328,483	$275,330	$337,979
Qualifying Distributions	$230,500	$222,858	$261,161
Net Investment Income	$92,011	$472,233	$373,517
Distributable Amount	$244,260	$225,391	$222,858

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

85 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include College Baptist Church Hillsdale ($50,000), Skidompha Library ($35,000), Scripture Union Usa ($25,000).

Recipient	Purpose	Amount
HEARTWOOD REGIONAL THEATER CO NEWCASTLE, ME	UNRESTRICTED	$20,000
STEPPING STONE HOUSING DAMARISCOTTA, ME	UNRESTRICTED	$20,000
JOSEPH & ALICE MCKEEN STUDY CENTER BRUNSWICK, ME	UNRESTRICTED	$8,000
EVANGELICAL INSTITUTE GREENVILLE, SC	UNRESTRICTED	$20,000
WISCASSET PARKS & RECREATION WISCASSET, ME	UNRESTRICTED	$20,000
DAMARISCOTTA BAPTIST CHURCH DAMARISCOTTA, ME	UNRESTRICTED	$5,000
COLLEGE BAPTIST CHURCH HILLSDALE HILLSDALE, MI	UNRESTRICTED	$50,000
HEALTHY KIDS DAMARISCOTTA, ME	UNRESTRICTED	$5,000
SCRIPTURE UNION USA VALLEY FORGE, PA	UNRESTRICTED	$25,000
FEEL YOUR BOOBIES FOUNDATION MIDDLETOWN, PA	UNRESTRICTED	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT B GREGORY	TRUSTEE	2	$41,564

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Marjorie C Bailey Charitable Foundation?

The Marjorie C Bailey Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DAMARISCOTTA, ME. It holds $3.7M in total assets as of 2024.

How large is The Marjorie C Bailey Charitable Foundation?

As of 2024, The Marjorie C Bailey Charitable Foundation holds $3.7M in total assets with $161K in annual revenue. It awarded 13 grants totaling $231K in 2024.

Where does The Marjorie C Bailey Charitable Foundation operate?

The Marjorie C Bailey Charitable Foundation has awarded grants in Arizona, California, District of Columbia, Illinois, Indiana, Massachusetts, Maine, Michigan, Minnesota, North Carolina, New York, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Virginia, Wisconsin.

What size grants does The Marjorie C Bailey Charitable Foundation award?

In 2024, The Marjorie C Bailey Charitable Foundation awarded 13 grants totaling $231K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is The Marjorie C Bailey Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Marjorie C Bailey Charitable Foundation reported a distributable amount of $244K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Marjorie C Bailey Charitable Foundation's EIN?

The Marjorie C Bailey Charitable Foundation's EIN (Employer Identification Number) is 26-6103130. IRS Form 990 filing data is available on this page for 2020–2024.