Also known as: Development Foundation
Franklin Savings Bank Community Development Foundation is a private corporation based in FARMINGTON, ME. The foundation received its IRS ruling in 2000. The principal officer is % Franklin Savings Bank. It holds total assets of $4.2M. Annual income is reported at $667K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Franklin Savings Bank Community Development Foundation has made 145 grants totaling $537K, with a median grant of $3K. Annual giving has decreased from $299K in 2020 to $238K in 2022. Individual grants have ranged from $65 to $50K, with an average award of $4K. The foundation has supported 111 unique organizations. The foundation primarily supports organizations in Maine, Massachusetts, New Hampshire, which account for 98% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Franklin Savings Bank Community Development Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 145 grants. Its grantmaking reaches organizations primarily in ME, MA, NH.
Franklin Savings Bank Community Development Foundation has distributed a total of $537K across 145 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $65 to $50K.
Franklin Savings Bank Community Development Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (311719226) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Franklin Savings Bank Community Development Foundation is headquartered in FARMINGTON, ME. While based in ME, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bradford S Adley | Director | $0 | $0 | $0 |
| Robert L Berry Iii | Director | $0 | $0 | $0 |
| James L Eastlack | Director | $0 | $0 | $0 |
| Richard H Smith | Director | $0 | $0 | $0 |
| James M Witt Iv | Director | $0 | $0 | $0 |
Total Giving
$492K
Total Assets
$3.9M
Fair Market Value
$3.9M
Net Worth
$3.9M
Grants Paid
$488K
Contributions
$503K
Net Investment Income
$121K
Distribution Amount
$183K
Total Grants
145
Total Giving
$537K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
111
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Main Street SkowheganGeneral Operating Support | Skowhegan, ME | $29K | 2022 |
| The Lifeflight FoundationGeneral Operating Support | Camden, ME | $10K | 2022 |
| Greater Franklin Development CouncilGeneral Operating Support | Farmington, ME | $10K | 2022 |
| Heart Of EllsworthGeneral Operating Support | Ellsworth, ME | $10K | 2022 |
| High Peaks AllianceGeneral Operating Support | Farmington, ME | $10K | 2022 |
| Peter L Judkins |
| Chairperson |
| $0 |
| $0 |
| $0 |
| Timothy J Thompson | President | $0 | $0 | $0 |
| Pamala J Dixon | Treasurer and Secretary | $0 | $0 | $0 |
| Dylan Smith | Assistant Treasurer | $0 | $0 | $0 |
| Mt Blue High SchoolGeneral Support, Scholarships, Robotics Team | Farmington, ME | $7K | 2022 |
| Franklin Ski & Outing Club2022 Free Ski Night | West Farmington, ME | $7K | 2022 |
| Curtain Up Enterprises IncLakewood Theater | Skowhegan, ME | $6K | 2022 |
| Rangeley Lakes Regional SchoolGeneral Operating Support | Rangeley, ME | $6K | 2022 |
| Ellsworth High SchoolScholarship Funds | Ellsworth, ME | $6K | 2022 |
| Kennebec Valley Community Action ProgramGeneral Operating Support | Waterville, ME | $5K | 2022 |
| Safe VoicesGeneral Operating Support | Auburn, ME | $5K | 2022 |
| Carrabassett Valley AcademyGeneral Operating Support | Carrabassett Valley, ME | $5K | 2022 |
| Susan L Curtis Charitable FoundationGeneral Operating Support | Portland, ME | $5K | 2022 |
| United Way Of The Tri-Valley AreaGeneral Operating Support | Farmington, ME | $5K | 2022 |
| Pine Tree Society For Handicapped Children & Adults IncGeneral Operating Support | Bath, ME | $5K | 2022 |
| Farmington Historical Society IncGeneral Operating Support | Farmington, ME | $4K | 2022 |
| Foster Cte CenterFoster Technical & Career Center | Farmington, ME | $4K | 2022 |
| Hancock Technical CenterGeneral Support and Scholarships | Ellsworth, ME | $3K | 2022 |
| Maine Cancer FoundationGeneral Operating Support | Falmouth, ME | $3K | 2022 |
| Mountain Valley High SchoolGeneral Operating Support | Rumford, ME | $3K | 2022 |
| Madison Area Memorial High SchoolGeneral Operating Support | Madison, ME | $3K | 2022 |
| Spruce Mountain High SchoolGeneral Operating Support | Jay, ME | $3K | 2022 |
| Skowhegan Area High SchoolGeneral Operating Support | Skowhegan, ME | $3K | 2022 |
| Carrabec High SchoolGeneral Operating Support | North Anson, ME | $3K | 2022 |
| Telstar Regional High SchoolGeneral Operating Support | Bethel, ME | $3K | 2022 |
| Mt Abram High SchoolGeneral Support and Scholarships | Strong, ME | $3K | 2022 |
| New England Mountain Bike Association (Nemba)Central Maine NEMBA Chapter | Acton, MA | $3K | 2022 |
| Dirigo High SchoolGeneral Operating Support | Winslow, ME | $3K | 2022 |
| Somerset Career & Technical CenterGeneral Operating Support | Skowhegan, ME | $3K | 2022 |
| Region 9 School Of Applied TechnologyGeneral Operating Support | Mexico, ME | $3K | 2022 |
| Dempsey Centers For Quality Cancer CareGeneral Operating Support | Lewiston, ME | $3K | 2022 |
| Sandy River PlayersGeneral Operating Support | Farmington, ME | $3K | 2022 |
| The Arts Institute Of Western MaineGeneral Operating Support | Farmington, ME | $3K | 2022 |
| Msad 58Food Pantry | Phillips, ME | $3K | 2022 |
| Rsu 73Food Pantry | Livermore Falls, ME | $3K | 2022 |
| Maine Appalachian Trail ClubGeneral Operating Support | Portland, ME | $3K | 2022 |
| Msad 44Food Pantry | Bethel, ME | $3K | 2022 |
| Msad 54Food Pantry | Skowhegan, ME | $3K | 2022 |
| Fayette Baptist ChurchGeneral Operating Support | Fayette, ME | $3K | 2022 |
| Rsu 10Food Pantry | Rumford, ME | $3K | 2022 |
| Rsu 56Funding for Summer Food Programs | Dixfield, ME | $3K | 2022 |
| Msad 59Food Pantry | Madison, ME | $3K | 2022 |
| Rsu 74Food Pantry | North Anson, ME | $3K | 2022 |
| Sugarloaf Region Charitable TrustGeneral Operating Support | Carrabassett Valley, ME | $3K | 2022 |
| Wg Mallet SchoolMallett School Food Pantry | Farmington, ME | $3K | 2022 |
| 30 Mile River Watershed AssociationGeneral Operating Support | Mount Vernon, ME | $2K | 2022 |
| Volunteers Of America Northern New EnglandGeneral Operating Support | Brunswick, ME | $2K | 2022 |
| Mahoosuc Land Trust IncGeneral Operating Support | Bethel, ME | $2K | 2022 |
| Albiston Foundation2022 Wheel Together Retreat | Carrabassett Valley, ME | $2K | 2022 |
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