The Presumpscot Foundation
The Presumpscot Foundation is a private foundation focused on Arts, Culture & Humanities, based in Freeport, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 1 grant totaling $26K.
The Presumpscot Foundation at a glance
In short: The Presumpscot Foundation gave $26K across 1 grant in 2024 (avg $26K), mostly in Maine. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $25,800
- +2480.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $25,800
- +2480.0% vs 2023
- Median grant
- $25,800
- Total assets
- $1,597,626
- +2.1% vs 2023
- Primary geography
- Maine (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Presumpscot Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Maine Historical Society ($26K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $1K (2022) to $26K (2024). In 2024 it made 1 grant totaling $26K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Maine Historical Society Portland, ME | Organizational Support | $25,800 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2024 | $1,597,626 | $170,529 | $138,105 | $25,800 | 1 | $68,734 |
| 2023 | $1,565,202 | $204,768 | $99,617 | $1,000 | 1 | $186,103 |
| 2022 | $1,460,051 | $31,536 | $56,402 | $1,000 | 1 | $31,617 |
| 2021 | $1,484,917 | $20,567 | $43,064 | — | — | $18,270 |
| 2020 | $1,507,414 | $33,805 | $56,558 | — | — | — |
Leadership & Key People
Officers and directors from IRS filings
The Presumpscot Foundation is led by Ford S Reiche, President & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ford S Reiche
President & Director
On filings since 2020
10 hrs/week
No compensation reported
Karen N Reiche
Treasurer & Director
On filings since 2020
1 hr/week
No compensation reported
Martin Eisenstein
Clerk & Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Presumpscot Foundation
How much does The Presumpscot Foundation give each year?
The Presumpscot Foundation gave $26K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1K across 1 grant.
How large is The Presumpscot Foundation?
The Presumpscot Foundation reported $1.6M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $171K.
What is The Presumpscot Foundation?
The Presumpscot Foundation is a private foundation focused on Arts, Culture & Humanities, based in Freeport, ME. It holds $1.6M in total assets as of 2024.
Where does The Presumpscot Foundation operate?
The Presumpscot Foundation has awarded grants in Maine.
What is The Presumpscot Foundation's EIN?
The Presumpscot Foundation's EIN (Employer Identification Number) is 27-1567070. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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