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Harnum Family Foundation is a private corporation based in BANGOR, ME. The foundation received its IRS ruling in 2018. The principal officer is Richard Harnum Jr. It holds total assets of $334K. Annual income is reported at $50K. Total assets have grown from $261K in 2019 to $362K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Maine. According to available records, Harnum Family Foundation has made 16 grants totaling $60K, with a median grant of $4K. Annual giving has grown from $5K in 2020 to $20K in 2023. Grantmaking activity was highest in 2022 with $35K distributed across 8 grants. Individual grants have ranged from $100 to $10K, with an average award of $4K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$4K
Largest Grant
$10K
Based on 4 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.
Harnum Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in ME.
Harnum Family Foundation has distributed a total of $60K across 16 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $100 to $10K.
Recipients are geographically located in close proximity to Organization.
Harnum Family Foundation is headquartered in BANGOR, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard B Harnum Jr | Trustee | $0 | $0 | N/A |
| Keeley Harnum | Trustee | $0 | $0 | N/A |
Total Giving
$24K
Total Assets
$362K
Fair Market Value
$482K
Net Worth
$362K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$22K
Total: $349K
Total Grants
16
Total Giving
$60K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
10
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sarah'S HouseGeneral Support | Holden, ME | $5K | 2023 |
| Bangor Humane SocietyGeneral Support | Bangor, ME | $5K | 2023 |
| Heart Of Maine United WayGeneral Support | Bangor, ME | $5K | 2023 |
| Husson UniversityGeneral Support | Bangor, ME | $3K | 2023 |
| Penobscot Community Health CareGeneral Support | Bangor, ME | $1K | 2023 |
| Literacy Volunteers Of BangorGeneral Support | Bangor, ME | $500 | 2023 |
| Reeds Brook Middle SchoolGeneral Support | Hampden, ME | $100 | 2023 |
| United Way Of Eastern MaineGeneral Support | Bangor, ME | $10K | 2022 |
| Eastern Maine Development CorporationGeneral Support | Bangor, ME | $5K | 2022 |
| Erin'S RunGeneral Support | Bangor, ME | $1K | 2022 |