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Also known as: c/o Alan J Pethick
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Atlantic Residential Resource is a private corporation based in BEAUFORT, SC. The foundation received its IRS ruling in 1999. The principal officer is Alan J Pethick. It holds total assets of $1M. Annual income is reported at $143K. Total assets have grown from $753K in 2011 to $1M in 2023. The foundation is governed by 3 officers and trustees. The focus of the Atlantic Charitable Fund (ACF) continues to be service and support of homeless, domestic violence, and substance abuse non-profit entities. This is accomplished through: (1) direct grants of support; (2) group training of homeless and domestic violence shelter staff in Maine; (3) direct consultation to individual staff traning; and (4) support of research and advocacy efforts on homelessness and its causes for the benefit of agencies throughout Maine. These efforts have provided valuable and otherwise unavailable assistance and support to these agencies and their personnel. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Maine. According to available records, Atlantic Residential Resource has made 13 grants totaling $107K, with a median grant of $5K. Individual grants have ranged from $1K to $25K, with an average award of $8K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$25K
Based on 13 grants from the most recent 990-PF filing.
The focus of the Atlantic Charitable Fund (ACF) continues to be service and support of homeless, domestic violence, and substance abuse non-profit entities. This is accomplished through: (1) direct grants of support; (2) group training of homeless and domestic violence shelter staff in Maine; (3) direct consultation to individual staff traning; and (4) support of research and advocacy efforts on homelessness and its causes for the benefit of agencies throughout Maine. These efforts have provided valuable and otherwise unavailable assistance and support to these agencies and their personnel.
Expenses: $9K
The focus of the Atlantic Charitable Fund (ACF) continues to be service and support of homeless, domestic violence, and substance abuse non-profit entities. This is accomplished through: (1) direct grants of support; (2) group training of homeless and domestic violence shelter staff in Maine; (3) direct consultation to individual staff traning; and (4) support of research and advocacy efforts on homelessness and its causes for the benefit of agencies throughout Maine. These efforts have provided valuable and otherwise unavailable assistance and support to these agencies and their personnel. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in ME.
Atlantic Residential Resource has distributed a total of $107K across 13 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $1K to $25K.
Applicants must be a 501(c)(3) organization and include housing for low-income people and/or domestic violence prevention as part of the organization's mission.
Atlantic Residential Resource is headquartered in BEAUFORT, SC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alan J Pethick | President/Director | $28K | $0 | $28K |
| Mark R Swann | Vice President/Director | $0 | $0 | N/A |
| Horace W Horton | Treasurer/Secretary/Direct | $0 | $0 | N/A |
Total Giving
$111K
Total Assets
$1M
Fair Market Value
$1M
Net Worth
$1M
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$85K
Distribution Amount
$49K
Total: $988K
Total Grants
13
Total Giving
$107K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
13
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Preble StreetSupport for homeless, domestic violence, and substance abuse programs | Portland, ME | $25K | 2022 |
| New Beginnings IncSupport for homeless, domestic violence, and substance abuse programs | Lewiston, ME | $12K | 2022 |
| Tedford HousingSupport for homeless, domestic violence, and substance abuse programs | Brunswick, ME | $10K | 2022 |
| Homeless Services Of AroostookSupport for homeless, domestic violence, and substance abuse programs | Presque Isle, ME | $10K | 2022 |
| Milestone RecoverySupport for homeless, domestic violence, and substance abuse programs | Portland, ME | $10K | 2022 |
| Rural Community Action MinistriesSupport for homeless, domestic violence, and substance abuse programs | Leeds, ME | $10K | 2022 |
| Trinity Jubilee CenterSupport for homeless, domestic violence, and substance abuse programs | Lewiston, ME | $5K | 2022 |
| Home IncSupport for homeless, domestic violence, and substance abuse programs | Orland, ME | $5K | 2022 |
| Knox County Homeless CoalitionSupport for homeless, domestic violence, and substance abuse programs | Rockland, ME | $5K | 2022 |
| Mid-Maine Homeless ShelterSupport for homeless, domestic violence, and substance abuse programs | Waterville, ME | $5K | 2022 |
| Shaw HouseSupport for homeless, domestic violence, and substance abuse programs | Bangor, ME | $5K | 2022 |
| Bangor Area Homeless ShelterSupport for homeless, domestic violence, and substance abuse programs | Bangor, ME | $4K | 2022 |
| Bread Of Life MinistriesSupport for homeless, domestic violence, and substance abuse programs | Augusta, ME | $1K | 2022 |