The Richard C Paine Jr Automobile is a private foundation focused on Arts, Culture & Humanities, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.6M in total assets. In 2024, it awarded 5 grants totaling $319K. Net investment income was $176K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.6M
+7.2% YoY
Annual Giving
$319K
+2.0% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$64K
+2.0% YoY
About The Richard C Paine Jr Automobile
Based on IRS filings
The Richard C Paine Jr Automobile is a private foundation focused on Arts, Culture & Humanities, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.6M in total assets. In 2024, it awarded 5 grants totaling $319K. Net investment income was $176K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,574,765 | $16,401,552 | $15,634,890 |
| Revenue | $378,303 | $404,373 | $338,769 |
| Expenses | $568,638 | $575,998 | $512,686 |
| Qualifying Distributions | $361,867 | $368,855 | $361,675 |
| Net Investment Income | $175,526 | $201,950 | $192,343 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Seal Cove Auto Museum ($314,984), Stanley Museum ($1,375), America's Packard Museum ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| America's Packard Museum Dayton, OH | To fund America's Packard Museum - Preserves and maintains original cars and original buildings of the Citizen's Motorocar Company | $1,000 |
| Larz Anderson Auto Museum Brookline, MA | To fund the Larz Anderson Auto Museum - Displays oldest collection of motorcars in the United States | $850 |
| Pierce-Arrow Society Catharpin, VA | To fund Pierce-Arrow Society - Preserves the history and legacy of the Pierce Arrow motor car | $500 |
| Seal Cove Auto Museum Seal Cove, ME | To fund Seal Cove Auto Museum - Displays classic autos | $314,984 |
| Stanley Museum Kingfield, ME | To fund the Stanley Museum - Displays early inventions and automobiles | $1,375 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John J Sanford | Trustee | 18 | $62,500 |
| John PM Higgins | Trustee | 8 | $62,500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Richard C Paine Jr Automobile?
The Richard C Paine Jr Automobile is a private foundation focused on Arts, Culture & Humanities, based in PORTLAND, ME. It holds $17.6M in total assets as of 2024.
How large is The Richard C Paine Jr Automobile?
As of 2024, The Richard C Paine Jr Automobile holds $17.6M in total assets with $378K in annual revenue. It awarded 5 grants totaling $319K in 2024.
Where does The Richard C Paine Jr Automobile operate?
The Richard C Paine Jr Automobile has awarded grants in Massachusetts, Maine, Ohio, Virginia.
What size grants does The Richard C Paine Jr Automobile award?
In 2024, The Richard C Paine Jr Automobile awarded 5 grants totaling $319K — an average of about $64K per grant, based on its IRS Form 990 filings.
What is The Richard C Paine Jr Automobile's EIN?
The Richard C Paine Jr Automobile's EIN (Employer Identification Number) is 01-6080444. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in The Richard C Paine Jr Automobile'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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