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Granite Point Foundation is a private trust based in S PORTLAND, ME. The foundation received its IRS ruling in 1994. It holds total assets of $3.9M. Annual income is reported at $1.3M. Total assets have grown from $2.8M in 2011 to $4.1M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Maine and Massachusetts. According to available records, Granite Point Foundation has made 38 grants totaling $781K, with a median grant of $10K. Annual giving has grown from $206K in 2020 to $253K in 2023. Grantmaking activity was highest in 2022 with $322K distributed across 12 grants. Individual grants have ranged from $250 to $100K, with an average award of $21K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Massachusetts, Maine, Maryland, which account for 95% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$15K
Average Grant
$30K
Largest Grant
$100K
Based on 5 grants from the most recent 990-PF filing.
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.
Granite Point Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in MA, ME, MD.
Granite Point Foundation has distributed a total of $781K across 38 grants. The median grant size is $10K, with an average of $21K. Individual grants have ranged from $250 to $100K.
Granite Point Foundation typically selects its grantees rather than accepting unsolicited proposals.
Granite Point Foundation is headquartered in S PORTLAND, ME. While based in ME, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paula Birmingham | TRUSTEE | $0 | $0 | N/A |
| Carolyn Birmingham | TRUSTEE | $0 | $0 | N/A |
| Stephen Birmingham | TRUSTEE | $0 | $0 | N/A |
Total Giving
$282K
Total Assets
$4.1M
Fair Market Value
$4.1M
Net Worth
$4.1M
Grants Paid
$253K
Contributions
N/A
Net Investment Income
$76K
Distribution Amount
$196K
Total: N/A
Total Grants
38
Total Giving
$781K
Average Grant
$21K
Median Grant
$10K
Unique Recipients
22
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Williams CollegeGENERAL USE | Williamstown, MA | $100K | 2023 |
| Maine Island Trail AssociationGENERAL USE | Portland, ME | $45K | 2023 |
| Friends Of Casco BayGENERAL USE | South Portland, ME | $25K | 2023 |
| Royal River Community PlayersGENERAL USE | Yarmouth, ME | $20K | 2023 |
| Good Shepherd Food BankGENERAL USE | Auburn, ME | $15K | 2023 |
| Preble StreetGENERAL USE | Portland, ME | $15K | 2023 |
| Friends Of Mvyradio IncGENERAL USE | West Tisbury, MA | $10K | 2023 |
| Christopher'S Challenge IncGENERAL USE | Webster, NY | $10K | 2023 |
| Maine Sports Hall Of FameGENERAL USE | Kennebunk, ME | $5K | 2023 |
| South Portland Food CupboardGENERAL USE | South Portland, ME | $5K | 2023 |
| North Atlantic Figure Skating ClubGENERAL USE | Falmouth, ME | $1K | 2023 |
| Best Buddies International IncGENERAL USE | Miami, FL | $1K | 2023 |
| Gulf Of Maine Research InstituteGENERAL USE | Portland, ME | $1K | 2023 |
| Franklin County Ecumenical Heating FundGENERAL USE | West Farmington, ME | $10K | 2022 |
| Project GraceGENERAL USE | Scarborough, ME | $5K | 2022 |
| Alzheimer'S Disease ResearchGENERAL USE | Clarksburg, MD | $40K | 2020 |
| Bicycle Coalition Of MaineGENERAL USE | Portland, ME | $1K | 2020 |
| Maine Coast Heritage TrustGENERAL USE | Topsham, ME | $1K | 2020 |
| RippleffectGENERAL USE | Portland, ME | $1K | 2020 |
| Natural Resource Council Of MaineGENERAL USE | Augusta, ME | $1K | 2020 |
| Island InstituteGENERAL USE | Rockland, ME | $1K | 2020 |
| Bates Dance FestivalGENERAL USE | Lewiston, ME | $250 | 2020 |