Trustees of Monmouth Academy
FALMOUTH, ME EIN: 01-0545125
TO PROVIDE AWARDS AND SCHOLARSHIPS TO STUDENTS.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$2.1M
+4.2% YoY
Annual Giving
—
-100.0% YoY
Grant Count
0
-100.0% YoY
Avg Grant Size
—
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,144,411 | $2,057,400 | $1,903,486 |
| Revenue | $-12,124 | $33,547 | $60,984 |
| Expenses | $94,656 | $46,846 | $73,020 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-20,124 | $24,696 | $54,198 |
| 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 0 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Trustees of Monmouth Academy fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID WALKER | PRESIDENT | 0.2 | — |
| HUGH LEMASTER | VICE PRESIDE | 0.1 | — |
| STEVE PALLESCHI | TREASURER | 1 | $500 |
| KRISTIN SANBORN | SECRETARY | 0.1 | — |
| LEANNE BURNHAM | TRUSTEE | 0.1 | — |
| MICHAEL DAY | TRUSTEE | 0.1 | — |
| BILL FAIRCHILD | TRUSTEE | 0.1 | — |
| LAURI FROST | TRUSTEE | 0.1 | — |
| RYAN FROST | TRUSTEE | 0.1 | — |
| TRUDY PALLESCHI | TRUSTEE | 0.1 | — |
| PATRICIA PRATTE | TRUSTEE | 0.1 | — |
| JULIE SAWTELLE | TRUSTEE | 0.1 | — |
| BRETT WITHERELL | TRUSTEE | 0.1 | — |
| CHAD WRIGHT | TRUSTEE | 0.1 | — |
| JULIE WRIGHT | TRUSTEE | 0.1 | — |
| DR LARRY BUGGIA | TRUSTEE EMER | 0.1 | — |
| GERALD HAM | TRUSTEE EMER | 0.1 | — |
| DAVID HECKMAN | TRUSTEE EMER | 0.1 | — |
| RONALD MOODY | TRUSTEE EMER | 0.1 | — |
| RICHARD ROBERTSON | TRUSTE EMERI | 0.1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Maine $6K (100%)
States
Cities
Monmouth
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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