The Oldenburg Family Foundation

BANGOR, ME EIN: 86-6794998

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AuburnBangorDunstableEllsworthLewistonOrlandOronoScarboroughWilmington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$215K$430K$645K$860K2021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$37K$55K$73K0 grants202113 grants202213 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PENOBSCOT THEATRE COMPANY$20KALAMOOSOOK LAKE ASSOCIAT…$10KDUNSTABLE RURAL LAND TRUST$8KGREAT POND MOUNTAIN CONS…$6KBANGOR LAND TRUST$5KBANGOR YMCA$5KORONO LAND TRUST$5KALZHEIMER'S ASSOCIATION …$2KLITERACY VOLUNTEERS OF B…$2KMAINE COMMUNITY FOUNDATION$2K

Grant Size Distribution

44 grants across all recorded years

44<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Penobscot Theatre Company ($20,000), Alamoosook Lake Association ($10,000), Dunstable Rural Land Trust ($7,500).

RecipientPurposeAmount
ALZHEIMER'S ASSOCIATION MAINE CHAP SCARBOROUGH, MECHARITABLE DONATION$2,000
BANGOR LAND TRUST BANGOR, MECHARITABLE DONATION$5,000
BANGOR PUBLIC LIBRARY BANGOR, MECHARITABLE DONATION$1,000
BANGOR YMCA BANGOR, MECHARITABLE DONATION$5,000
DUNSTABLE RURAL LAND TRUST DUNSTABLE, MACHARITABLE DONATION$7,500
GOOD SAMARITAN AGENCY BANGOR, MECHARITABLE DONATION$1,000
GREAT POND MOUNTAIN CONSERVATION TR ORLAND, MECHARITABLE DONATION$6,000
LITERACY VOLUNTEERS OF BANGOR BANGOR, MECHARITABLE DONATION$2,000
MABEL WADSWORTH CENTER BANGOR, MECHARITABLE DONATION$1,000
MAINE COMMUNITY FOUNDATION ELLSWORTH, MECHARITABLE DONATION$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CAROLINE OLDENBURGTRUSTEE
FREDERICK OLDENBURG JRTRUSTEE

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 April 2026. Sourced from IRS Form 990-PF filings.

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