University of Southern Maine Foundation

PORTLAND, ME EIN: 04-3350930 Website

To actively build and steward resources in support of the University of Southern Maine's mission of education, research, and public service and to educate the public about the activities and programs of the University of Southern Maine.

Financial Overview

From 2025 IRS Form 990-PF

Total Assets

$58.6M

+18.2% YoY

Annual Giving

$4.5M

-74.1% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$2.3M

-74.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$11M$17M$22M202020212022202320242025
Metric202520242023
Total Assets$58,582,559$49,556,091$57,792,646
Revenue$14,278,860$8,925,589$9,872,134
Expenses$7,366,949$20,232,872$8,194,087
Qualifying Distributions
Net Investment Income$1,656,377$1,251,027$1,027,454
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$9M$13M$17M3 grants20202 grants20213 grants20222 grants20232 grants20242 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

UNIVERSITY OF SOUTHERN M…$3.4MUNIVERSITY OF SOUTHERN M…$1.1M

Grant Size Distribution

14 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K3$500K–1M9$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does University of Southern Maine Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Ainsley Newman WallacePresident & CEO (Thru 9/30/24)$164KCorey HascallPresident & CEO$160KErin MaceyExecutive Director$121K

From 2025 filing

NameTitleHoursCompensation
Stephen deCastroChair1
Dean Murray '87Vice Chair1
Stephen Irish '81Treasurer1
Todd ChamberlainSecretary1
Daniel Crewe '22HDirector1
Justin AlfondDirector1
Kelly BardenDirector1
Kenneth BlaschkeDirector1
Kelly Brewer '11Director1
Robert H DodgeDirector1
Dajaun EubanksDirector1
Timothy Griffin '05 '12GDirector1
Mo Ibourk '03 '05GDirector1
Daniel Kleban '04Director1
Mike Marocco '81Director1
Rebecca McKinnell '06Director1
Casey PrenticeDirector1
John RyanDirector1
Lois Skillings '91GDirector1
Ian Slaymaker '07 PhDDirector1
Ray Stevens PhD '86 14HDirector1
Linda Varrell '00Director1
Dr Jacqueline EdmondsonExecutive Officio1
Rebecca Swanson ConradAffliliated Representative1
Jana MagnusonVolunteer Finance Committe1
Ainsley Newman WallacePresident & CEO (Thru 9/30/24)40$164,024
Corey HascallPresident & CEO40$160,089
Erin MaceyExecutive Director40$120,904

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

BangorFalmouthPortland

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

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