Trustees of Monmouth Academy

FALMOUTH, ME EIN: 01-0545125

TO PROVIDE AWARDS AND SCHOLARSHIPS TO STUDENTS.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.1M

+4.2% YoY

Revenue

$-12,124

-136.1% YoY

Net Investment Income

$-20,124

-181.5% YoY

Expenses

$95K

+102.1% YoY

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Monmouth

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K20212022202320242025
Metric202520242023
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

$0$1K$3K$4K$6K0 grants20210 grants20220 grants20231 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

STEVE PALLESCHITREASURER$500

From 2025 filing

NameTitleHoursCompensation
DAVID WALKERPRESIDENT0.2
HUGH LEMASTERVICE PRESIDE0.1
STEVE PALLESCHITREASURER1$500
KRISTIN SANBORNSECRETARY0.1
LEANNE BURNHAMTRUSTEE0.1
MICHAEL DAYTRUSTEE0.1
BILL FAIRCHILDTRUSTEE0.1
LAURI FROSTTRUSTEE0.1
RYAN FROSTTRUSTEE0.1
TRUDY PALLESCHITRUSTEE0.1
PATRICIA PRATTETRUSTEE0.1
JULIE SAWTELLETRUSTEE0.1
BRETT WITHERELLTRUSTEE0.1
CHAD WRIGHTTRUSTEE0.1
JULIE WRIGHTTRUSTEE0.1
DR LARRY BUGGIATRUSTEE EMER0.1
GERALD HAMTRUSTEE EMER0.1
DAVID HECKMANTRUSTEE EMER0.1
RONALD MOODYTRUSTEE EMER0.1
RICHARD ROBERTSONTRUSTE EMERI0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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.

How large is Trustees of Monmouth Academy?

As of 2025, Trustees of Monmouth Academy holds $2.1M in total assets with $-12,124 in annual revenue.

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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