Tri-Town Medical Foundation Inc is a private foundation focused on Education, based in Jay, ME. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $267K in total assets. In 2025, it awarded 3 grants totaling $14K. Net investment income was $12K.
Key facts about Tri-Town Medical Foundation Inc
In short: Tri-Town Medical Foundation Inc gave $14K across 3 grants in 2025 (avg $5K), mostly in Maine. Source: 2025 IRS Form 990-PF.
- EIN
- 01-0366975
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $13,500
- Grants made (2025)
- 3
- Average grant
- $4,500
- Median grant
- $3,250
- Total assets
- $267,011
- Primary geography
- Maine (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$267K
+7.9% YoY
Annual Giving
$14K
+50.0% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$5K
+0.0% YoY
Under IRS private-foundation payout rules, Tri-Town Medical Foundation Inc reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.
How Tri-Town Medical Foundation Inc gives
- Giving grew 145% from 2022 to 2025. Method
- In 2025 it paid out 71% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $6K (2022) to $14K (2023). In 2025 it made 3 grants totaling $14K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was University of Maine ($7K). Together the top 2 received $10K.
Organizations only. It also paid 1 individual scholarship ($3,250), which are not listed by name.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Maine Orono, ME | Scholarship | $7,000 |
| Husson University Bangor, ME | Scholarship | $3,250 |
| 1 individual scholarship Recipients not named | — | $3,250 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $267,011 | $247,362 | $250,414 |
| Revenue | $36,991 | $9,214 | $4,597 |
| Expenses | $17,342 | $12,266 | $17,874 |
| Qualifying Distributions | $13,500 | $9,000 | $14,250 |
| Net Investment Income | $12,070 | $9,217 | $9,034 |
| Distributable Amount | $19,074 | $17,413 | $15,886 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Tri-Town Medical Foundation Inc is led by Stephen J. Maki, President & Director on the 2025 filing; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Stephen J. Maki
President & Director
New on the 2025 filing
No compensation reported
Norman St Pierre
Treasurer & Director
On filings since 2020
No compensation reported
Theresa Timberlake
Secretary & Director
On filings since 2020
No compensation reported
Mary Hayford
Director
On filings since 2021
No compensation reported
Michele Knapp
Director
On filings since 2022
No compensation reported
Former officers (2)
- Former: Gary Knight (2020–2024) — President & Director
- Former: Darcie Pl Beaudin (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Tri-Town Medical Foundation Inc
How much does Tri-Town Medical Foundation Inc give each year?
Tri-Town Medical Foundation Inc gave $14K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $9K across 2 grants.
What is Tri-Town Medical Foundation Inc's typical grant size?
Tri-Town Medical Foundation Inc's median grant in 2025 was $3,250, and its average grant was $4,500, across 3 grants on its 2025 IRS Form 990-PF.
Where does Tri-Town Medical Foundation Inc give grants?
Tri-Town Medical Foundation Inc gives mostly in Maine: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Tri-Town Medical Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Tri-Town Medical Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (3 grants).
How large is Tri-Town Medical Foundation Inc?
Tri-Town Medical Foundation Inc reported $267K in total assets on its 2025 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Tri-Town Medical Foundation Inc?
Tri-Town Medical Foundation Inc is a private foundation focused on Education, based in Jay, ME. It holds $267K in total assets as of 2025.
What is Tri-Town Medical Foundation Inc's EIN?
Tri-Town Medical Foundation Inc's EIN (Employer Identification Number) is 01-0366975. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Tri-Town Medical Foundation Inc by hand.
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