Triton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in YARMOUTH, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 29 grants totaling $80K. Net investment income was $45K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+4.6% YoY
Annual Giving
$80K
-8.0% YoY
Grant Count
29
-3.3% YoY
Avg Grant Size
$3K
-4.9% YoY
Under IRS private-foundation payout rules, Triton Foundation reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.
About Triton Foundation
Based on IRS filings
Triton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in YARMOUTH, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 29 grants totaling $80K. Net investment income was $45K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,758,026 | $1,679,940 | $1,618,950 |
| Revenue | $109,423 | $5,832 | $131,134 |
| Expenses | $165,031 | $171,128 | $181,040 |
| Qualifying Distributions | $164,000 | $169,000 | $180,000 |
| Net Investment Income | $44,683 | $35,981 | $130,774 |
| Distributable Amount | $82,797 | $79,157 | $82,990 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
163 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Frinds of Spannocchia ($32,000), Johns Hopkins University ($7,500), 317 Main Music Center ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Copper River Watershed Project Cordova, AK | Operations | $1,000 |
| Tree Street Youth Lewiston, ME | Operations | $2,250 |
| Maine Womens Lobby Augusta, ME | Operations | $5,000 |
| ILAP Portland, ME | Operations | $3,000 |
| Kieve Leadershiop Program Nobleboro, ME | Operations | $5,000 |
| Planned Parenthood of NNE Portland, ME | Operations | $1,500 |
| Prince Memorial Library Cumberland, ME | Operations | $250 |
| American Red Cross Portland, ME | Operations | $250 |
| Center for Grieving Children Portland, ME | Operations | $2,000 |
| United Way of Greater Portland Portland, ME | Operations | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Peter Cinelli | President | 1 | — |
| Gail Cinelli | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Triton Foundation?
Triton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in YARMOUTH, ME. It holds $1.8M in total assets as of 2024.
How large is Triton Foundation?
As of 2024, Triton Foundation holds $1.8M in total assets with $109K in annual revenue. It awarded 29 grants totaling $80K in 2024.
Where does Triton Foundation operate?
Triton Foundation has awarded grants in Alaska, Connecticut, District of Columbia, Georgia, Massachusetts, Maryland, Maine, New York, Pennsylvania, Texas, Virginia, Vermont.
What size grants does Triton Foundation award?
In 2024, Triton Foundation awarded 29 grants totaling $80K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Triton Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Triton Foundation reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Triton Foundation's EIN?
Triton Foundation's EIN (Employer Identification Number) is 04-3366804. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Triton Foundation'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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