GORHAM, ME
Blue Horizons Foundation
Quick Facts
- EIN
- 874102295
- Location
- GORHAM, ME
- Category
- Philanthropy & Grantmaking
- Total Assets
- $239.7M
- Annual Income
- $101M
- IRS Ruling Year
- 2022
- Organization Type
- Trust
- Principal Officer
- % Kathleen Mcdonough
- Tax Deductibility
- Contributions are deductible
About This Foundation
Blue Horizons Foundation is a private trust based in GORHAM, ME. The foundation received its IRS ruling in 2022. The principal officer is % Kathleen Mcdonough. It holds total assets of $239.7M. Annual income is reported at $101M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$1.8M
2023+9898%
Total Assets
$146.2M
2023+93%
Fair Market Value
$149.4M
2023
Net Worth
$146.2M
2023
Grants Paid
$545K
2023
Contributions
$69.9M
2023
Net Investment Income
$8.2M
2023
Distribution Amount
$4.5M
2023
Total Giving by Year
$18K
22$1.8M
23Asset Growth
$5M
21$75.6M
22$146.2M
23Investment Portfolio (2023)
Total: $0
Other Investments: $11.6M
Cash: $134.6M
Other Investments (8%)
Cash (92%)
Expense Breakdown (2023)
Grants Paid$545K
Interest$290K
Revenue Sources (2023)
- Contributions
- $69.9M
- Capital Gains (Net)
- $5.4M
- Dividends
- $4M
- Interest
- $4K
Financial Details (2023)
- Total Revenue
- $79.2M
- Total Expenses
- $1.8M
- Exempt Purpose Expenses
- $545K
- Required Distribution
- $4.5M
- Undistributed Income
- $4.5M
- Total Liabilities
- $1
- Excise Tax
- $113K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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