The Richard C Paine Jr Automobile

Foundation · Grantmaker PORTLAND, ME EIN: 01-6080444

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

+0.0% YoY

Avg Grant Size

$64K

+2.0% YoY

About The Richard C Paine Jr Automobile

Based on IRS filings

Focus Areas

Arts, Culture & Humanities

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maine $2.0M (100%)

Massachusetts $3K (0%)

Ohio $2K (0%)

Virginia $1K (0%)

States

Massachusetts Maine Ohio Virginia

Cities

BrooklineCatharpinDaytonKingfieldOwls HeadSeal Cove

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Arts, Culture & Humanities

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.