The Mimi Foundation is a private foundation based in Scarborough, Maine, established in 2005. The foundation supports philanthropic initiatives across the United States with a focus on arts and culture, education, and human services.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$6.6M
+1282.9% YoY
Grant Count
8
-77.8% YoY
Avg Grant Size
$821K
+6123.3% YoY
Under IRS private-foundation payout rules, The Mimi Foundation reported a distributable amount of $276K for 2023 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports health centers and organizations involved with education, the environment, and youth development. Primary funding areas include:
- Arts and culture
- Education
- Human services
- Health centers
- Environment
- Youth development
Grantmaking
In January 2024, the Mimi Foundation established a $1 million endowment—the Hilda Hutchins McCollum Family Endowed Fund—to support productions at The Gracie Theatre at Husson University in Bangor, Maine. Annual distributions from this endowment support show costs, capital needs of the theater, and a signature show each season.
Grant Range
$500–$4,872,500
Average Grant
approximately $3,000
Ready to take the next step with The Mimi Foundation?
Geographic Focus
Where this funder awards grants
The foundation provides funding to various cities across the United States, including:
- Maine: Augusta, Bangor, and Portland
- Other states: Alabama, Texas, and Vermont
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total assets: $6,221,454
- Total giving (2023): $6,569,000
- Annual expenses: $6,600,210
- Annual revenue: $399,614
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $6,221,454 | $7,950,138 |
| Revenue | $399,614 | $415,986 | $5,823,349 |
| Expenses | $6,600,210 | $481,255 | $326,564 |
| Qualifying Distributions | $6,573,161 | $477,034 | $341,780 |
| Net Investment Income | $372,565 | $387,853 | $1,603,474 |
| Distributable Amount | $275,680 | $332,290 | $227,391 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2023
Grant Size Distribution
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Maine Community Foundation ($4,872,500), Husson University Gracie Theatre ($1,000,000), Bangor Symphony Orchestra ($287,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Bangor Symphony Orchestra Bangor, ME | General Operating Support | $287,500 |
| Camp Beech Cliff Mount Desert, ME | General Operating Support | $2,500 |
| Family Ice dba Save the Pond Falmouth, ME | General Operating Support | $5,000 |
| Husson University Gracie Theatre Bangor, ME | General Operating Support | $1,000,000 |
| Maine Community Foundation Ellsworth, ME | General Operating Support | $4,872,500 |
| Olympia Snowe Women's Leadership Institute Portland, ME | General Operating Support | $5,000 |
| Penobscot Theatre Company Bangor, ME | General Operating Support | $109,000 |
| University of Maine at Orono Orono, ME | General Operating Support | $287,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's leadership team works on a voluntary basis without compensation:
- Julia H DiNapoli – President
- Alec DiNapoli – Director
- Bradley McCollum – Director
- Karen K Schacht – Treasurer
- Calvin E True Esq – Secretary
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alec DiNapoli | Director | 1 | — |
| Bradley McCollum | Director | 1 | — |
| Julia H DiNapoli | President | 1 | — |
| Karen K Schacht | Treasurer | 1 | — |
| Calvin E True Esq | Secretary | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation made a significant commitment to the arts in January 2024 by establishing the $1 million Hilda Hutchins McCollum Family Endowed Fund at The Gracie Theatre at Husson University. This endowment honors Hilda Hutchins McCollum's legacy and her original philanthropic support for the creation of the theater, ensuring continued support for performance arts in the Greater Bangor area.
Mimi Foundation Establishes $1 Endowment to SupportSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Mimi Foundation fund?
The foundation supports health centers and organizations involved with education, the environment, and youth development. Primary funding areas include: • Arts and culture • Education • Human services • Health centers • Environment • Youth development
How do I apply for a grant from The Mimi Foundation?
**Grant Activity:** • Total giving (2023): $6,569,000 • Total awards (2024): $6.6 million across 8 grants • Typical grant range: $500–$4,872,500 • Average grant size: approximately $3,000 • The foundation is open to new applicants, with approximately 12% of new applicants funded **Recent Notable Grant:** In January 2024, the Mimi Foundation established a $1 million endowment—the Hilda Hutchins McCollum Family Endowed Fund—to support productions at The Gracie Theatre at Husson University in Bang…
Where does The Mimi Foundation make grants?
The foundation provides funding to various cities across the United States, including: • **Maine:** Augusta, Bangor, and Portland • **Other states:** Alabama, Texas, and Vermont
What size grants does The Mimi Foundation award?
In 2023, The Mimi Foundation awarded 8 grants totaling $6.6M — an average of about $821K per grant, based on its IRS Form 990 filings.
How much is The Mimi Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Mimi Foundation reported a distributable amount of $276K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mimi Foundation's EIN?
The Mimi Foundation's EIN (Employer Identification Number) is 20-3957984. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in The Mimi Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Grand Chapter of Maine Order of the Eastern Star
AUGUSTA, ME
Assets
$2.9M
Grants
1
Total Given
$5K
Bangor Theological Seminary
PORTLAND, ME
Assets
$22.4M
Grants
3
Total Given
$11K
Maine Hospital Association Inc
AUGUSTA, ME
Assets
$8.0M
Grants
1
Total Given
$10K
The Ruth J Jones Charitable Foundation
DAMARISCOTTA, ME
Assets
$3.2M
Grants
18
Total Given
$255K
Bowery Beach School Bldg Maintenance Tr
SOUTH PORTLAND, ME
Assets
$29K
Grants
0
Total Given
—
United Way of Tri Vally Area
FARMINGTON, ME
Assets
$306K
Grants
13
Total Given
$77K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Mimi Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Mimi Foundation to a real strategy.