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. 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
13
-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
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.
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 | $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
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.
Explore Open Grants
Browse active grant opportunities in The Marjorie C Bailey Charitable 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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