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Also known as: OF BATH CHARITABLE FOUNDATION
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First Federal Savings & Loan Assoc Of Bath Charitable Foundation is a private corporation based in BATH, ME. The foundation received its IRS ruling in 2004. The principal officer is Michael H Hill. It holds total assets of $338K. Annual income is reported at $117K. Total assets have grown from $191K in 2011 to $314K in 2023. The foundation is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, First Federal Savings & Loan Assoc Of Bath Charitable Foundation has made 8 grants totaling $37K, with a median grant of $5K. Annual giving has grown from $10K in 2020 to $13K in 2023. Grantmaking activity was highest in 2022 with $14K distributed across 4 grants. Individual grants have ranged from $2K to $10K, with an average award of $5K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
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.
First Federal Savings & Loan Assoc Of Bath Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in ME.
First Federal Savings & Loan Assoc Of Bath Charitable Foundation has distributed a total of $37K across 8 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $2K to $10K.
The application deadline is END OF YEAR. Contributions are made to local non profits and other deserving entities including those focusing on (but not limited to) youth activities, low income housing, and other special needs.
First Federal Savings & Loan Assoc Of Bath Charitable Foundation is headquartered in BATH, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Heather Allen | TRUSTEE | $0 | $0 | N/A |
| Alex Logan | TRUSTEE | $0 | $0 | N/A |
| Matthew Newman | TRUSTEE | $0 | $0 | N/A |
| Thomas Berry | TRUSTEE | $0 | $0 | N/A |
| Ethan Whitaker | TRUSTEE | $0 | $0 | N/A |
| Eric Allen | TRUSTEE | $0 | $0 | N/A |
| John Desjardins | SECRETARY | $0 | $0 | N/A |
| Andrew Perry | PRESIDENT/TREASURER | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$314K
Fair Market Value
$314K
Net Worth
$314K
Grants Paid
$13K
Contributions
$103K
Net Investment Income
$4K
Distribution Amount
$11K
Total Grants
8
Total Giving
$37K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lincoln HealthEDUCATIONAL | Damariscotta, ME | $5K | 2023 |
| Kelt- Kennebec Estuary Land TrustEDUCATIONAL | Bath, ME | $5K | 2023 |
| Damariscotta Historical SocietyEDUCATIONAL | Damariscotta, ME | $3K | 2023 |
| Rsu 1 Educational FoundationEDUCATIONAL | Bath, ME | $5K | 2022 |
| Maine Maritime MuseumEDUCATIONAL | Bath, ME | $3K | 2022 |
| Main Street BathEDUCATIONAL | Bath, ME | $2K | 2022 |
| Brunswick American LegionEDUCATIONAL | Winslow, ME | $10K | 2020 |