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Aroostook Savings & Loan Foundation is a private corporation based in CARIBOU, ME. The foundation received its IRS ruling in 2021. The principal officer is John Swanberg. It holds total assets of $82K. Annual income is reported at $641. The foundation is governed by 6 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Aroostook Savings & Loan Foundation has made 4 grants totaling $15K, with a median grant of $4K. Annual giving has decreased from $10K in 2022 to $5K in 2023. Individual grants have ranged from $3K to $5K, with an average award of $4K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
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.
Aroostook Savings & Loan Foundation primarily funds organizations in the area of community development. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in ME.
Aroostook Savings & Loan Foundation has distributed a total of $15K across 4 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $3K to $5K.
Aroostook Savings & Loan Foundation typically selects its grantees rather than accepting unsolicited proposals.
Aroostook Savings & Loan Foundation is headquartered in CARIBOU, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John S Swanberg | CHAIRMAN | $0 | $0 | N/A |
| Richard D Solman | SECRETARY/CL | $0 | $0 | N/A |
| Vicki L Keaton | DIRECTOR | $0 | $0 | N/A |
| Kyle A Washington | DIRECTOR | $0 | $0 | N/A |
| Katherine A Anderson | DIRECTOR | $0 | $0 | N/A |
| Deborah Sirois | DIRECTOR | $0 | $0 | N/A |
Total Giving
$6K
Total Assets
$83K
Fair Market Value
$203K
Net Worth
$83K
Grants Paid
$5K
Contributions
$8K
Net Investment Income
N/A
Distribution Amount
$8K
Total Grants
4
Total Giving
$15K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
2
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| C-A-N-C-E-RcomPROVIDE SUPPORT TO THOSE WITH CANCER | Presque Isle, ME | $3K | 2023 |
| Brian'S Ride Cancer FundPROVIDE SUPPORT TO THOSE WITH CANCER | Falmouth, ME | $3K | 2023 |