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Also known as: Charitable Foundation
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Biddeford And Mechanics Savings Charitable Foundation is a private corporation based in AUBURN, ME. The foundation received its IRS ruling in 2021. The principal officer is Maine Community Bank. It holds total assets of $108K. Annual income is reported at $49K. Total assets have decreased from $407K in 2020 to $269K in 2023. The foundation is governed by 17 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Maine. According to available records, Biddeford And Mechanics Savings Charitable Foundation has made 67 grants totaling $376K, with a median grant of $5K. Annual giving has decreased from $240K in 2022 to $136K in 2023. Individual grants have ranged from $3K to $17K, with an average award of $6K. The foundation has supported 26 unique organizations. Grants have been distributed to organizations in Maine and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$17K
Based on 22 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.
Biddeford And Mechanics Savings Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in ME, IL.
Biddeford And Mechanics Savings Charitable Foundation has distributed a total of $376K across 67 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $3K to $17K.
All recipient organizations are required to be Section 501(c)(3) organizations. The Foundation places particular emphasis on Maine-based organizations operating in Androscoggin, Cumberland, and York Counties, and intends to make grants to such organizations for the purposes of developing and improving local communities. Without limitation, the Foundation anticipates making grants to support public education, community recreational activities and facilities, local library services, and services benefitting poor and underprivileged populations. The Foundation will restrict the use of any grants made to a grantee organization to further the charitable purpose of the Foundation. Grant recipients may be subject to providing periodic reports back to the Foundation detailing how grant funds were expended in furtherance of approved exempt purposes. An application form is available on the foundation's website.
Biddeford And Mechanics Savings Charitable Foundation is headquartered in AUBURN, ME. While based in ME, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carri Brown | Treasurer | $0 | $0 | N/A |
| Chris Hanks | Board Member | $0 | $0 | N/A |
| Betsy Boudreau | Board Member (end 6/2023) | $0 | $0 | N/A |
| Suzanne Carney | Secretary | $0 | $0 | N/A |
| Heather Chandler | Board Member | $0 | $0 | N/A |
| Gail Nason | Board Member | $0 | $0 | N/A |
| Jon Oxman | Board Member | $0 | $0 | N/A |
| Terri Cook | Board Member (end 6/2023) | $0 | $0 | N/A |
| Sandy Dolby | Board Member | $0 | $0 | N/A |
| Keith Jacques | Vice Chair & Board Member | $0 | $0 | N/A |
| Wayne Sherman | Board Member | $0 | $0 | N/A |
| Richard Whiting | Board Member | $0 | $0 | N/A |
| Amy Landry | Chair & Board Member | $0 | $0 | N/A |
| Debra Roy | Board Member | $0 | $0 | N/A |
| Jeanne Hulit | President & Board Member | $0 | $0 | N/A |
| Dan Colby | Board Member | $0 | $0 | N/A |
| Alan Hahnel | Board Member | $0 | $0 | N/A |
Total Giving
$143K
Total Assets
$269K
Fair Market Value
$269K
Net Worth
$269K
Grants Paid
$136K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$16K
Total Grants
67
Total Giving
$376K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
26
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SweetserGeneral Purpose | Saco, ME | $10K | 2023 |
| Safe VoicesGeneral Purpose | Auburn, ME | $17K | 2023 |
| My Place Teen CenterGeneral Purpose | Westbrook, ME | $17K | 2023 |
| Trinity Jubilee CenterGeneral Purpose | Lewiston, ME | $15K | 2023 |
| Tedford HousingGeneral Purpose | Brunswick, ME | $10K | 2023 |
| Mainely CharacterGeneral Purpose | Portland, ME | $10K | 2023 |
| Pleasant Street Drop-InGeneral Purpose | Portland, ME | $5K | 2023 |
| Community DentalGeneral Purpose | Portland, ME | $5K | 2023 |
| Seeds Of Hope Neighborhood CenterGeneral Purpose | Biddeford, ME | $5K | 2023 |
| University Of New EnglandGeneral Purpose | Biddeford, ME | $5K | 2023 |
| University Of Southern Maine FoundationGeneral Purpose | Portland, ME | $5K | 2023 |
| Brunswick Housing AuthorityGeneral Purpose | Brunswick, ME | $5K | 2023 |
| Waterboro Community PantryGeneral Purpose | East Waterboro, ME | $3K | 2023 |
| Good Shepherd Food BankGeneral Purpose | Auburn, ME | $3K | 2023 |
| First Congregational Church Of Scarborough (Food Pantry)General Purpose | Scarborough, ME | $3K | 2023 |
| High Street Congregational Church (Food Pantry)General Purpose | Auburn, ME | $3K | 2023 |
| Mid Coast Hunger Prevention Program IncGeneral Purpose | Brunswick, ME | $3K | 2023 |
| Saco Food PantryGeneral Purpose | Saco, ME | $3K | 2023 |
| Stroudwater Christian Food PantryGeneral Purpose | Portland, ME | $3K | 2023 |
| Westbrook Community Food And Resource CenterGeneral Purpose | Westbrook, ME | $3K | 2023 |
| Windham Food Pantry And Clothes ClosetGeneral Purpose | Windham, ME | $3K | 2023 |
| Biddeford Food PantryGeneral Purpose | Biddeford, ME | $3K | 2023 |
| Church Community Outreach ServicesGeneral Purpose | Kennebunk, ME | $3K | 2023 |
| The Rotary FoundationBiddeford Saco Rotary Club Red Ribbon Committee | Sherman Avenue, IL | $5K | 2022 |
| Unitersity Of New EnglandGeneral Purpose | Biddeford, ME | $5K | 2022 |
| Avesta Housing Management CorporationGeneral Purpose | Portland, ME | $5K | 2022 |