The Oldenburg Family Foundation
The Oldenburg Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Bangor, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $890K in total assets. In 2024, it awarded 18 grants totaling $73K. Net investment income was $14K.
Key facts about The Oldenburg Family Foundation
- EIN
- 86-6794998
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $73,000
- Grants made (2024)
- 18
- Average grant
- $4,056
- Median grant
- $2,000
- New grantees (estimate)
- 33% first-time grantees (6 of 18, 2024)
- Total assets
- $890,317
- Primary geography
- Maine (86% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Oldenburg Family Foundation funds
By grant dollars, the top recipient states for The Oldenburg Family Foundation's 18 itemized 2024 grants were Maine (86%) and Massachusetts (14%). The most frequent recipient cities were Bangor, ME (8 grants), Wilmington, MA (3 grants) and Orland, ME (2 grants). None of its 18 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Donation" (12 grants) and "Charitable Contribution" (6 grants).
Is The Oldenburg Family Foundation open to new grantees?
33%
first-time grantees, 2024
In 2024, 6 of 18 grantees (33%) were first-time recipients. First grants averaged $6K; repeat grants $3K. How we count
Medians: $2K first-time, $2K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
Estimate from itemized IRS Form 990-PF grant lists (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Oldenburg Family Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$890K
-4.8% YoY
Annual Giving
$73K
+108.6% YoY
Grant Count
18
+38.5% YoY
Avg Grant Size
$4K
+50.6% YoY
About The Oldenburg Family Foundation
Based on IRS filings
The Oldenburg Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Bangor, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $890K in total assets. In 2024, it awarded 18 grants totaling $73K. Net investment income was $14K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 18 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $890,317 | $935,223 | $957,923 |
| Revenue | $34,593 | $18,067 | $224,508 |
| Expenses | $79,300 | $40,612 | $42,811 |
| Qualifying Distributions | $73,000 | $35,000 | $37,000 |
| Net Investment Income | $13,964 | $14,332 | $11,126 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Penobscot Theatre Company ($20,000), Alamoosook Lake Association ($10,000), Dunstable Rural Land Trust ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| PENOBSCOT THEATRE COMPANY Bangor, ME | CHARITABLE CONTRIBUTION | $20,000 |
| ALAMOOSOOK LAKE ASSOCIATION Orland, ME | CHARITABLE CONTRIBUTION | $10,000 |
| DUNSTABLE RURAL LAND TRUST Dunstable, MA | CHARITABLE DONATION | $7,500 |
| GREAT POND MOUNTAIN CONSERVATION TR Orland, ME | CHARITABLE DONATION | $6,000 |
| BANGOR LAND TRUST Bangor, ME | CHARITABLE DONATION | $5,000 |
| BANGOR YMCA Bangor, ME | CHARITABLE DONATION | $5,000 |
| ORONO LAND TRUST Orono, ME | CHARITABLE DONATION | $5,000 |
| ALZHEIMER'S ASSOCIATION MAINE CHAP Scarborough, ME | CHARITABLE DONATION | $2,000 |
| LITERACY VOLUNTEERS OF BANGOR Bangor, ME | CHARITABLE DONATION | $2,000 |
| MAINE COMMUNITY FOUNDATION Ellsworth, ME | CHARITABLE DONATION | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Caroline Oldenburg | Trustee | — | — |
| Frederick Oldenburg Jr | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Oldenburg Family Foundation?
The Oldenburg Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Bangor, ME. It holds $890K in total assets as of 2024.
How large is The Oldenburg Family Foundation?
As of 2024, The Oldenburg Family Foundation holds $890K in total assets with $35K in annual revenue. It awarded 18 grants totaling $73K in 2024.
Where does The Oldenburg Family Foundation operate?
The Oldenburg Family Foundation has awarded grants in Massachusetts, Maine.
What size grants does The Oldenburg Family Foundation award?
In 2024, The Oldenburg Family Foundation awarded 18 grants totaling $73K — an average of about $4K per grant, based on its IRS Form 990 filings.
What is The Oldenburg Family Foundation's EIN?
The Oldenburg Family Foundation's EIN (Employer Identification Number) is 86-6794998. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.