Tourism Research and Development

HALLOWELL, ME EIN: 85-2924698

Tourism Research and Development is a private foundation focused on Human Services, based in HALLOWELL, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 1 grants totaling $100.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3K

+10.7% YoY

Annual Giving

$100

Grant Count

Avg Grant Size

$100

Under IRS private-foundation payout rules, Tourism Research and Development reported a distributable amount of $135 for 2024 — the minimum it must pay out in qualifying distributions.

About Tourism Research and Development

Based on IRS filings

Focus Areas

Human Services

Ready to take the next step with Tourism Research and Development?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maine $100 (100%)

States

Maine

Cities

Hallowell

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,889	$2,609	$2,617
Revenue	$398	—	$2,533
Expenses	$118	$8	$16
Qualifying Distributions	$100	—	—
Net Investment Income	—	—	—
Distributable Amount	$135	$129	$46

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Maine Tourism Association ($100).

Recipient	Purpose	Amount
MAINE TOURISM ASSOCIATION HALLOWELL, ME	SPONSORSHIP OF TOURISM TRAILBLAZERS EDUCATIONAL WEBINAR SERIES.	$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ALISON SUCY	PRESIDENT	0.5	—
ANTHONY CAMERON	SECRETARY	—	—
ROBERT MEYERS	TREASURER	—	—
AVERY DAY	BOARD MEMBER	—	—
RICK MARTIN	BOARD MEMBER	—	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is Tourism Research and Development?

Tourism Research and Development is a private foundation focused on Human Services, based in HALLOWELL, ME. It holds $3K in total assets as of 2024.

How large is Tourism Research and Development?

As of 2024, Tourism Research and Development holds $3K in total assets with $398 in annual revenue. It awarded 1 grants totaling $100 in 2024.

Where does Tourism Research and Development operate?

Tourism Research and Development has awarded grants in Maine.

What size grants does Tourism Research and Development award?

In 2024, Tourism Research and Development awarded 1 grants totaling $100 — an average of about $100 per grant, based on its IRS Form 990 filings.

How much is Tourism Research and Development required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tourism Research and Development reported a distributable amount of $135 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Tourism Research and Development's EIN?

Tourism Research and Development's EIN (Employer Identification Number) is 85-2924698. IRS Form 990 filing data is available on this page for 2021–2024.