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Franco-American Education Foundation is a private corporation based in LEWISTON, ME. The foundation received its IRS ruling in 2014. The principal officer is Dionne & Couturier. It holds total assets of $4.8M. Annual income is reported at $691K. 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, Franco-American Education Foundation has made 3 grants totaling $636K, with a median grant of $213K. The foundation has distributed between $201K and $223K annually from 2020 to 2023. Individual grants have ranged from $201K to $223K, with an average award of $212K. 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.
Franco-American Education Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in ME.
Franco-American Education Foundation has distributed a total of $636K across 3 grants. The median grant size is $213K, with an average of $212K. Individual grants have ranged from $201K to $223K.
The application deadline is APRIL 30 PRECEDING THE FALL COLLEGE SEMESTER. The scholarships maybe awarded the same applicant for up to four years. A short renewal form is required for subsequent years.
Franco-American Education Foundation is headquartered in LEWISTON, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeffrey Gosselin | DIRECTOR | $0 | $0 | N/A |
| Gisele Couturier | SECRETARY | $0 | $0 | N/A |
| Jeannine Tardif | DIRECTOR | $0 | $0 | N/A |
| Monique Couturier | TREASURER | $0 | $0 | N/A |
| Camden Martin | DIRECTOR | $0 | $0 | N/A |
| Susan Lagueux | PRESIDENT | $0 | $0 | N/A |
| Rachel Maier | VICE PRESIDENT | $0 | $0 | N/A |
| Roger Couturier | DIRECTOR | $0 | $0 | N/A |
Total Giving
$256K
Total Assets
$4.5M
Fair Market Value
$4.5M
Net Worth
$4.5M
Grants Paid
$223K
Contributions
N/A
Net Investment Income
$414K
Distribution Amount
$210K
Total: N/A
Total Grants
3
Total Giving
$636K
Average Grant
$212K
Median Grant
$213K
Unique Recipients
1
Most Common Grant
$213K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grants To College Students From The Lewiston Auburn Area Of MaineTO HELP WITH TUITION AND COLLEGE EXPENSES FOR STUDENTS OF FRANCO-AMERICAN HERITAGE.COLLEGE STUDENT SCHOLARSHIPS FOR STUDENTS OF FRANCO AMERICAN HERITAGE | Greene, ME | $223K | 2023 |