Trustees of Monmouth Academy
To provide awards and scholarships to students.
Trustees of Monmouth Academy at a glance
- Total assets
- $2,144,411
- +4.2% vs 2024
- Revenue (2025)
- $-12,124
- -136.1% vs 2024
- Net investment income (2025)
- $-20,124
- -181.5% vs 2024
- Expenses (2025)
- $94,656
- +102.1% vs 2024
- Latest 990 filing
- Form 990 filing, 2025 View filing
Data from IRS Form 990 filing, 2025; updated September 2026.
Who Trustees of Monmouth Academy funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 1 grant totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Monmouth Academy - Baseball Monmouth, ME | Athletic Awards | $5,687 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,144,411 | $-12,124 | $94,656 | — | — | $-20,124 |
| 2024 | $2,057,400 | $33,547 | $46,846 | $5,687 | 1 | $24,696 |
| 2023 | $1,903,486 | $60,984 | $73,020 | — | — | $54,198 |
| 2022 | $2,137,370 | $174,762 | $49,634 | — | — | $163,262 |
| 2021 | $2,160,465 | $181,641 | $49,394 | — | — | $172,091 |
About Trustees of Monmouth Academy
Based on IRS filings
Trustees of Monmouth Academy is a nonprofit organization focused on Academics, based in Falmouth, ME. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.1M in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Trustees of Monmouth Academy is led by David Walker, President on every filing since 2021; 1 of 20 officers listed in 2025 is compensated.
Officers on the 2025 filing
David Walker
President
On filings since 2021
0.2 hrs/week
No compensation reported
Bill Fairchild
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Julie Sawtelle
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Julie Wright
Trustee
Secretary → Trustee, 2024
On filings since 2021
0.1 hrs/week
No compensation reported
Leanne Burnham
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Trudy Palleschi
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Brett Witherell
Trustee
On filings since 2024
0.1 hrs/week
No compensation reported
Chad Wright
Trustee
On filings since 2024
0.1 hrs/week
No compensation reported
Lauri Frost
Trustee
On filings since 2024
0.1 hrs/week
No compensation reported
Michael Day
Trustee
On filings since 2024
0.1 hrs/week
No compensation reported
Patricia Pratte
Trustee
On filings since 2024
0.1 hrs/week
No compensation reported
Ryan Frost
Trustee
On filings since 2024
0.1 hrs/week
No compensation reported
Steve Palleschi
Treasurer
On filings since 2021
1 hr/week
$500 (2022) → $500 (2025)
Gerald Ham
Trustee Emeritus
Trustee → Trustee Emeritus, 2024
On filings since 2021
0.1 hrs/week
No compensation reported
Hugh Lemaster
Vice President
Trustee → Vice President, 2025
On filings since 2021
0.1 hrs/week
No compensation reported
Larry Buggia
Trustee Emeritus
Trustee → Trustee Emeritus, 2024
On filings since 2021
0.1 hrs/week
No compensation reported
Richard Robertson
Truste Emeritus
Vice President → Truste Emeritus, 2025
On filings since 2021
0.1 hrs/week
No compensation reported
Kristin Sanborn
Secretary
On filings since 2022
0.1 hrs/week
No compensation reported
David Heckman
Trustee Emeritus
On filings since 2024
0.1 hrs/week
No compensation reported
Ronald Moody
Trustee Emeritus
On filings since 2024
0.1 hrs/week
No compensation reported
Former officers (4)
- Former: Heidi Jackson (2021–2023) — Trustee
- Former: Jean Pratte (2021–2023) — Trustee
- Former: Mark Poole (2021–2023) — Trustee
- Former: Kris Sanborn (2021–2022) — Trustee
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $500, to Steve Palleschi (Treasurer).
Frequently asked questions about Trustees of Monmouth Academy
How large is Trustees of Monmouth Academy?
Trustees of Monmouth Academy reported $2.1M in total assets on its 2025 IRS Form 990 filing.
What is Trustees of Monmouth Academy?
Trustees of Monmouth Academy is a nonprofit organization focused on Academics, based in Falmouth, ME. It holds $2.1M in total assets as of 2025.
Where does Trustees of Monmouth Academy operate?
Trustees of Monmouth Academy has awarded grants in Maine.
What is Trustees of Monmouth Academy's EIN?
Trustees of Monmouth Academy's EIN (Employer Identification Number) is 01-0545125. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Trustees of Monmouth Academy's focus areas in our free grants database
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