//
Also known as: C/O SPINNAKER TRUST
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Aldermere Foundation is a private trust based in PORTLAND, ME. The foundation received its IRS ruling in 1978. The principal officer is Ran Trust Co Dba Ram Trust Servic. It holds total assets of $5.1M. Annual income is reported at $677K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Grantmaking is concentrated in Maine. According to available records, Aldermere Foundation has made 52 grants totaling $1.1M, with a median grant of $5K. The foundation has distributed between $349K and $362K annually from 2020 to 2023. Individual grants have ranged from $1K to $256K, with an average award of $21K. The foundation has supported 21 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$21K
Largest Grant
$244K
Based on 17 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Aldermere Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in ME.
Aldermere Foundation has distributed a total of $1.1M across 52 grants. The median grant size is $5K, with an average of $21K. Individual grants have ranged from $1K to $256K.
Aldermere Foundation typically selects its grantees rather than accepting unsolicited proposals.
Aldermere Foundation is headquartered in PORTLAND, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Spinnaker Trust | TRUSTEE | $37K | $0 | $37K |
Total Giving
$407K
Total Assets
$5.2M
Fair Market Value
$7.3M
Net Worth
$5.2M
Grants Paid
$362K
Contributions
N/A
Net Investment Income
$601K
Distribution Amount
$342K
Total: $4.4M
Total Grants
52
Total Giving
$1.1M
Average Grant
$21K
Median Grant
$5K
Unique Recipients
21
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Maine Coast Heritage TrustALDERMERE FARM OPERATING SUPPORT | Topsham, ME | $256K | 2023 |
| Natural Resources Council Of MaineGENERAL SUPPORT | Augusta, ME | $20K | 2023 |
| Coastal Mountains Land TrustGENERAL SUPPORT | Camden, ME | $15K | 2023 |
| Hurricaine Island Center For Science And LeadershipGENERAL SUPPORT | Rockland, ME | $10K | 2023 |
| Maine Conservation AllianceGENERAL SUPPORT | Belfast, ME | $8K | 2023 |
| Maine Farmland TrustGENERAL SUPPORT | Belfast, ME | $7K | 2023 |
| Maine Youth Alliance Dba The Game LoftGENERAL SUPPORT | Belfast, ME | $5K | 2023 |
| Maine Conservation Law FoundationGENERAL SUPPORT | Portland, ME | $5K | 2023 |
| Chewonki FoundationGENERAL SUPPORT | Wiscasset, ME | $5K | 2023 |
| Friends Of Casco BayGENERAL SUPPORT | South Portland, ME | $5K | 2023 |
| Palaver StringsGENERAL SUPPORT | Portland, ME | $5K | 2023 |
| Penobscot Bay Ymca And Teen CenterGENERAL SUPPORT | Rockport, ME | $5K | 2023 |
| Wayfinder SchoolsGENERAL SUPPORT | Camden, ME | $5K | 2023 |
| The Lobster ConservancyGENERAL SUPPORT | Friendship, ME | $4K | 2023 |
| Art Van ProgramGENERAL SUPPORT | Brunswick, ME | $3K | 2023 |
| Merryspring Nature CenterGENERAL SUPPORT | Camden, ME | $3K | 2023 |
| Bay Chamber Concerts And Community MusicGENERAL SUPPORT | Rockport, ME | $1K | 2023 |
| Midcoast ConservancyGENERAL SUPPORT | Edgecomb, ME | $16K | 2022 |
| Maine Boys To MenGENERAL SUPPORT | Falmouth, ME | $1K | 2022 |
| Hurricane Island Center For Science And LeadershipGENERAL SUPPORT | Rockland, ME | $10K | 2020 |
| Art Van ProjectGENERAL SUPPORT | Brunswick, ME | $2K | 2020 |