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Bonnell Cove Foundation is a private corporation based in CAMDEN, ME. The foundation received its IRS ruling in 1990. It holds total assets of $1.6M. Annual income is reported at $89K. THE FOUNDATION PROVIDES SUPPORT IN THE FORM OF GRANTS TO NOT-FOR-PROFIT ORGANIZATIONS TO BE USED FOR EDUCATIONAL SAFETY AT SEA OR ENVIRONMENTAL OUTREACH PURPOSES. IN 2022, THE FOUNDATION PROVIDED GRANTS TO 15 ORGANIZATIONS FOR THESE PURPOSES,TOTALING OVER 89,000. According to available records, Bonnell Cove Foundation has made 65 grants totaling $346K, with a median grant of $5K. Annual giving has grown from $70K in 2020 to $97K in 2023. Grantmaking activity was highest in 2022 with $179K distributed across 30 grants. Individual grants have ranged from $800 to $10K, with an average award of $5K. The foundation has supported 44 unique organizations. The foundation primarily supports organizations in Maine, Washington, New York, which account for 54% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
THE FOUNDATION PROVIDES SUPPORT IN THE FORM OF GRANTS TO NOT-FOR-PROFIT ORGANIZATIONS TO BE USED FOR EDUCATIONAL SAFETY AT SEA OR ENVIRONMENTAL OUTREACH PURPOSES. IN 2022, THE FOUNDATION PROVIDED GRANTS TO 15 ORGANIZATIONS FOR THESE PURPOSES,TOTALING OVER 89,000.
Expenses: $94K
THE FOUNDATION PROVIDES SUPPORT IN THE FORM OF GRANTS TO NOT-FOR-PROFIT ORGANIZATIONS TO BE USED FOR EDUCATIONAL SAFETY AT SEA OR ENVIRONMENTAL OUTREACH PURPOSES. IN 2022, THE FOUNDATION PROVIDED GRANTS TO 15 ORGANIZATIONS FOR THESE PURPOSES,TOTALING OVER 89,000. Based on available records, the foundation has funded 65 grants. Its grantmaking reaches organizations primarily in ME, WA, NY.
Bonnell Cove Foundation has distributed a total of $346K across 65 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $800 to $10K.
The application deadline is FEBRUARY 1 AND OCTOBER 1 OF EACH YEAR. ALL ORGANIZATIONS MUST BE TAX-EXEMPT UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND MUST BE CLASSIFIED AS -NOT A PRIVATE FOUNDATION" UNDER SECTION 509(A). THE FOUNDATION CONCENTRATES ITS ACTIVITIES IN TWO PRINCIPAL AREAS: SAFETY AT SEA OR ENVIRONMENTAL PROTECTION.
Bonnell Cove Foundation is headquartered in CAMDEN, ME. While based in ME, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joyce Lhamon | PRESIDENT | $0 | $0 | $0 |
| W Frank Bohlen | SECRETARY | $0 | $0 | $0 |
| Paul Rogers | TREASURER | $0 | $0 | $0 |
| W Bradley Avery | DIRECTOR | $0 | $0 | $0 |
| Peter Balasubramanian | DIRECTOR | $0 | $0 | $0 |
Total Giving
$106K
Total Assets
$1.4M
Fair Market Value
$1.4M
Net Worth
$1.4M
Grants Paid
$97K
Contributions
$45K
Net Investment Income
$57K
Distribution Amount
$67K
Total: $1.3M
Total Grants
65
Total Giving
$346K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
44
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gulf Of Maine Lobster FENVIRONMENTAL | Kennebunkport, ME | $10K | 2023 |
| Call Of The SeaSAFETY AT SEA | Sausalito, CA | $10K | 2023 |
| Center For Coastal StudiesENVIRONMENTAL | Provincetown, MA | $8K | 2023 |
| Centrum FoundationENVIRONMENTAL | Port Townsend, WA | $6K | 2023 |
| Us Sailing AssociationSAFETY AT SEA | Bristol, RI | $6K | 2023 |
Other foundations that have funded Bonnell Cove Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Marni & Morris Propp Ii Family Foundation Inc. | $1K | 2023 | EDUCATION |
| Larry And Anne Glenn Foundation Inc. | $500 | 2023 | GENERAL OPERATING |
| Richard And Ann Du Moulin Foundation Trust Agreement Dtd June 2 | $250 | 2023 | EDUCATION |
| Godshalk Family Char Foundation U Agr 12232005 Investment Advisory Acct | $200 | 2023 |
MARION, MA
AVALON, CA
NAPLES, FL
GREENWOOD, IN
| Robert Floyd Iii |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| William Foss | DIRECTOR | $0 | $0 | $0 |
| Sheila Mccurdy | DIRECTOR | $0 | $0 | $0 |
| Jw Robert Medland | DIRECTOR | $0 | $0 | $0 |
| Charles Stillman | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Maine Island Trail AssociationENVIRONMENTAL |
| Portland, ME |
| $5K |
| 2023 |
| Vashon Mauri Island NatENVIRONMENTAL | Vashon, WA | $5K | 2023 |
| Ocean Research ProjectENVIRONMENTAL | Annapolis, MD | $5K | 2023 |
| Nooksack Salmon Enhancement AssnENVIRONMENTAL | Bellingham, WA | $5K | 2023 |
| Puget Sound RestorationENVIRONMENTAL | Bainbridge, WA | $5K | 2023 |
| MarallianceSAFETY AT SEA | San Francisco, CA | $5K | 2023 |
| Maine Coast FishermanSAFETY AT SEA | Brunswick, ME | $5K | 2023 |
| Brigs Youth Sail TrainingSAFETY AT SEA | Hamilton | $4K | 2023 |
| Maine Maritime MuseumENVIRONMENTAL | Bath, ME | $3K | 2023 |
| Hurricane Island FoundationENVIRONMENTAL | Rockland, ME | $3K | 2023 |
| Marine Mammals Of MaineENVIRONMENTAL | Bath, ME | $3K | 2023 |
| National Audubon SocietySAFETY AT SEA | Breman, ME | $3K | 2023 |
| Billion Oyster Project IncENVIRONMENTAL PROJECT | New York, NY | $3K | 2023 |
| Wooden Boats For Veterans FoundatioSAFETY AT SEA | Sdausalito, CA | $3K | 2023 |
| Rocking The BoatSAFETY AT SEA | New York, NY | $10K | 2022 |
| Loggerhead Marine CenterENVIRONMENTAL | Juno Beach, FL | $10K | 2022 |
| Sound ExperienceENVIRONMENTAL & SAFETY AT SEA | Port Townsend, WA | $9K | 2022 |
| Friends Of Casco BayENVIRONMENTAL | South Portland, ME | $8K | 2022 |
| Sea Education AssociationSAFETY AT SEA | Woods Hole, MA | $6K | 2022 |
| Bellingham Bay Community Boating CeENVIRONMENTAL & SAFETY AT SEA | Bellingham, WA | $5K | 2022 |
| New York Harbor Foundation IncSAFETY AT SEA | New York, NY | $5K | 2022 |
| Cape Cod Maritime MuseumSAFETY AT SEA | Hyannis, MA | $5K | 2022 |
| The Coral Reef AllianceENVIRONMENTAL | Oakland, CA | $5K | 2022 |
| Gulf Of Maine Research InstituteSAFETY AT SEA | Portland, ME | $4K | 2022 |
| Sail NewportSAFETY AT SEA | Newport, RI | $3K | 2022 |
| Sustainable Marblehead IncENVIRONMENTAL | Marblehead, MA | $2K | 2022 |
| Hudson River Community SailingENVIRONMENTAL | New York, NY | $10K | 2020 |
| Long Live The KingSAFETY AT SEA | Seattle, WA | $6K | 2020 |
| Oceanswide IncSAFETY AT SEA/ENVIRONMENTAL | Newcastle, ME | $5K | 2020 |
| Storm Trysail FoundationSAFETY AT SEA | Larchmont, NY | $5K | 2020 |
| Sail Sand PointENVIRONMENTAL | Seattle, WA | $5K | 2020 |
| Nw School Of Wooden BoatbuildingENVIRONMENTAL | North Hadlock, WA | $5K | 2020 |
| Toronto Brigantine IncSEAMANSHIP/LEADERSHIP | Toronto | $5K | 2020 |
| Lowell'S Maritime FoundationSAFETY AT SEA/ENVIRONMENTAL | Amesbury, MA | $4K | 2020 |
| Sail Maine IncSAFETY AT SEA | Portland, ME | $3K | 2020 |
| Rozalia Project IncENVIRONMENTAL | Burlington, VT | $3K | 2020 |
| Connecticut Fund For The EnvironmenENVIRONMENTAL | New Haven, CT | $3K | 2020 |
| Save The BayENVIRONMENTAL | Providence, RI | $2K | 2020 |
| The Salvation ArmySAFETY AT SEA | Standish, ME | $800 | 2020 |
| GENERAL |
| The Phffoundation Inc. | $3K | 2022 | GENERAL PURPOSE |
| Enersen Foundation | $2K | 2022 | Safety at seaEnvironment of the sea |
| Enersen Foundation | $2K | 2022 | Safety at seaEnvironment of the sea |
| Marni & Morris Propp Ii Family Foundation Inc. | $1K | 2022 | EDUCATION |
| Marni & Morris Propp Ii Family Foundation Inc. | $1K | 2022 | EDUCATION |
| Larry And Anne Glenn Foundation Inc. | $700 | 2022 | GENERAL OPERATING |
| Middlecott Foundation | $500 | 2022 | GENERAL SUPPORT |
| Middlecott Foundation | $500 | 2022 | GENERAL SUPPORT |
| Richard And Ann Du Moulin Foundation Trust Agreement Dtd June 2 | $500 | 2022 | EDUCATION |
| Richard And Ann Du Moulin Foundation Trust Agreement Dtd June 2 | $500 | 2022 | EDUCATION |
| Godshalk Family Char Foundation U Agr 12232005 Investment Advisory Acct | $200 | 2022 | GENERAL |
| Mccullough Foundation | $100 | 2022 | FOR OPERATIONS |
| Mccullough Foundation | $100 | 2022 | FOR OPERATIONS |
| Enersen Foundation | $2K | 2021 | Safety at seaEnvironment of the sea |
| Richard And Ann Du Moulin Foundation Trust Agreement Dtd June 2 | $500 | 2021 | EDUCATION |
| Middlecott Foundation | $500 | 2021 | GENERAL SUPPORT |
| Godshalk Family Char Foundation U Agr 12232005 Investment Advisory Acct | $200 | 2021 | GENERAL |
| The Phffoundation Inc. | $1K | 2020 | GENERAL PURPOSE |
| Middlecott Foundation | $500 | 2020 | GENERAL SUPPORT |
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