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Bangor Fuel Society is a private corporation based in BANGOR, ME. The foundation received its IRS ruling in 1973. It holds total assets of $676K. Annual income is reported at $39K. The foundation is governed by 7 officers and trustees. All net income is used for the purchase and delivery of winter home heating fuel to people in need in bangor, maine and surrounding communities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Bangor Fuel Society has made 6 grants totaling $218K, with a median grant of $31K. The foundation has distributed between $61K and $82K annually from 2020 to 2023. Individual grants have ranged from $5K to $82K, with an average award of $36K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
All net income is used for the purchase and delivery of winter home heating fuel to people in need in bangor, maine and surrounding communities
Expenses: $61K
All net income is used for the purchase and delivery of winter home heating fuel to people in need in bangor, maine and surrounding communities. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in ME.
Bangor Fuel Society has distributed a total of $218K across 6 grants. The median grant size is $31K, with an average of $36K. Individual grants have ranged from $5K to $82K.
Bangor Fuel Society typically selects its grantees rather than accepting unsolicited proposals. Applicants in the city of bangor, maine and surrounding communities.
Bangor Fuel Society is headquartered in BANGOR, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nathaniel S Putnam | PRESIDENT | $0 | $0 | N/A |
| Brad Coffey | TRUSTEE | $0 | $0 | N/A |
| Lee Chick | SECRETARY | $0 | $0 | N/A |
| Julie Williams | TRUSTEE | $0 | $0 | N/A |
| Martha Newman | TRUSTEE | $0 | $0 | N/A |
| Benjamin Carlisle | TRUSTEE | $0 | $0 | N/A |
| Calvin E True | TREASURER | $0 | $0 | N/A |
Total Giving
$76K
Total Assets
$728K
Fair Market Value
$1.4M
Net Worth
$728K
Grants Paid
$75K
Contributions
$7K
Net Investment Income
$29K
Distribution Amount
$71K
Total: $639K
Total Grants
6
Total Giving
$218K
Average Grant
$36K
Median Grant
$31K
Unique Recipients
2
Most Common Grant
$58K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various Individual Fuel Recipients Receiving Benefits During The YearWINTER HEATING FUEL | Bangor, ME | $58K | 2023 |
| Individual Fuel Recipients Receiving Benefits Through Fuel Voucher ProgramWINTER HEATING FUEL | Bangor, ME | $11K | 2023 |