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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. Total assets have grown from $841K in 2011 to $1.6M in 2024. The foundation is governed by 10 officers and trustees. 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. Tax records are available from 2015 to 2024. Funding is distributed across 4 states, including Maine, Washington, New York. 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.
Smallest Grant
$800
Median Grant
$5K
Average Grant
$4K
Largest Grant
$10K
Based on 16 grants from the most recent 990-PF filing.
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 | N/A |
| W Frank Bohlen | SECRETARY | $0 | $0 | N/A |
| Paul Rogers | TREASURER | $0 | $0 | N/A |
| W Bradley Avery | DIRECTOR | $0 | $0 | N/A |
| Peter Balasubramanian | DIRECTOR | $0 | $0 | N/A |
| Robert Floyd Iii | DIRECTOR | $0 | $0 | N/A |
| William Foss | DIRECTOR | $0 | $0 | N/A |
| Sheila Mccurdy | DIRECTOR | $0 | $0 | N/A |
| Jw Robert Medland | DIRECTOR | $0 | $0 | N/A |
| Charles Stillman | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.6M
Fair Market Value
N/A
Net Worth
$1.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| Us Sailing AssociationSAFETY AT SEA | Bristol, RI | $6K | 2023 |
| Centrum FoundationENVIRONMENTAL | Port Townsend, WA | $6K | 2023 |
| Vashon Mauri Island NatENVIRONMENTAL | Vashon, WA | $5K | 2023 |
| MarallianceSAFETY AT SEA | San Francisco, CA | $5K | 2023 |
| Ocean Research ProjectENVIRONMENTAL | Annapolis, MD | $5K | 2023 |
| Puget Sound RestorationENVIRONMENTAL | Bainbridge, WA | $5K | 2023 |
| Maine Island Trail AssociationENVIRONMENTAL | Portland, ME | $5K | 2023 |
| Maine Coast FishermanSAFETY AT SEA | Brunswick, ME | $5K | 2023 |
| Nooksack Salmon Enhancement AssnENVIRONMENTAL | Bellingham, WA | $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 |
| National Audubon SocietySAFETY AT SEA | Breman, ME | $3K | 2023 |
| Marine Mammals Of MaineENVIRONMENTAL | Bath, ME | $3K | 2023 |
| Wooden Boats For Veterans FoundatioSAFETY AT SEA | Sdausalito, CA | $3K | 2023 |
| Billion Oyster Project IncENVIRONMENTAL PROJECT | New York, NY | $3K | 2023 |
| Loggerhead Marine CenterENVIRONMENTAL | Juno Beach, FL | $10K | 2022 |
| Rocking The BoatSAFETY AT SEA | New York, NY | $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 |
| Cape Cod Maritime MuseumSAFETY AT SEA | Hyannis, MA | $5K | 2022 |
| New York Harbor Foundation IncSAFETY AT SEA | New York, NY | $5K | 2022 |
| The Coral Reef AllianceENVIRONMENTAL | Oakland, CA | $5K | 2022 |
| Bellingham Bay Community Boating CeENVIRONMENTAL & SAFETY AT SEA | Bellingham, WA | $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 |