William Searls Scholarship Fund

DAMARISCOTTA, ME EIN: 01-6009698

William Searls Scholarship Fund is a private foundation, based in DAMARISCOTTA, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $428K in total assets. In 2024, it awarded 11 grants totaling $22K. Net investment income was $21K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$428K

+3.0% YoY

Annual Giving

$22K

+20.0% YoY

Grant Count

11

-8.3% YoY

Avg Grant Size

$2K

+30.9% YoY

About William Searls Scholarship Fund

Based on IRS filings

William Searls Scholarship Fund is a private foundation, based in DAMARISCOTTA, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $428K in total assets. In 2024, it awarded 11 grants totaling $22K. Net investment income was $21K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

AugustaBangorBostonBrunswickBurlingtonCastineCedarvilleCoral GablesDurhamFarmingtonFort LauderdaleGambierHanoverHigh PointKingstonLos AngelesNortonOaklandOronoPortland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12K$25K$37K$50K20202021202220232024
Metric202420232022
Total Assets$428,141$415,486$418,906
Revenue$40,526$19,934$27,069
Expenses$27,817$23,170$22,621
Qualifying Distributions$23,390$19,547$18,309
Net Investment Income$21,079$14,302$11,754
Distributable Amount$21,534$21,402$20,361

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$11K$16K$22K16 grants20209 grants202112 grants202212 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SOUTHERN MAINE COMMUNTIY…$6KUNIVERSITY OF SOUTHERN M…$3KHUSSON UNIVERSITY$2KUNIVERSITY OF MAINE ORONO$2KFLAGLER COLLEGE$2KTHOMAS COLLEGE$2KMOUNT HOLYOKE$2KBOWDOIN$2KUNIVERSITY OF NORTH WEST…$2KUNIVERSITY OF CALIFORNIA$2K

Grant Size Distribution

60 grants across all recorded years

60<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
FIRST NATIONAL BANKTRUSTEE

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

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