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Kennebunk Savings Bank Foundation is a private corporation based in KENNEBUNK, ME. The foundation received its IRS ruling in 2002. The principal officer is Thomas Zuke. It holds total assets of $3.8M. Annual income is reported at $758K. Total assets have grown from $3.5M in 2011 to $4.3M in 2023. The foundation is governed by 14 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Maine and New Hampshire. According to available records, Kennebunk Savings Bank Foundation has made 133 grants totaling $1.6M, with a median grant of $5K. The foundation has distributed between $536K and $570K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $570K distributed across 44 grants. Individual grants have ranged from $1K to $100K, with an average award of $12K. The foundation has supported 84 unique organizations. Grants have been distributed to organizations in Maine and New Hampshire. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$11K
Largest Grant
$54K
Based on 50 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.
Kennebunk Savings Bank Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 133 grants. Its grantmaking reaches organizations primarily in ME, NH.
Kennebunk Savings Bank Foundation has distributed a total of $1.6M across 133 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $1K to $100K.
The application deadline is Accepted on a rolling basis. See eligibility criteria at wwwkennebunksavingscom.
Kennebunk Savings Bank Foundation is headquartered in KENNEBUNK, ME. While based in ME, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bradford C Paige | PresidentDirector | $0 | $0 | N/A |
| Dennis D Byrd | Exec VP | $0 | $0 | N/A |
| Thomas J Zuke | Treasurer | $0 | $0 | N/A |
| Maureen A Flaherty | Senior VP | $0 | $0 | N/A |
| Elizabeth A Torrance | VP | $0 | $0 | N/A |
| Patricia J Wheeler | Clerk | $0 | $0 | N/A |
| Charles F Wu | Director | $0 | $0 | N/A |
| Thomas J Allen | Director | $0 | $0 | N/A |
| Milda A Castner | Director | $0 | $0 | N/A |
| Matthew L Chase | Director | $0 | $0 | N/A |
| Lori A Howell | Director | $0 | $0 | N/A |
| Douglas R Stockbridge | Director | $0 | $0 | N/A |
| Stephen H Roberts | Director | $0 | $0 | N/A |
| Paul D Gurney Jr | Director | $0 | $0 | N/A |
Total Giving
$564K
Total Assets
$4.3M
Fair Market Value
$6.1M
Net Worth
$4.3M
Grants Paid
$536K
Contributions
$321K
Net Investment Income
$424K
Distribution Amount
$283K
Total: $2.2M
Total Grants
133
Total Giving
$1.6M
Average Grant
$12K
Median Grant
$5K
Unique Recipients
84
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United WayCompany match | Portland, ME | $61K | 2023 |
| Portsmouth High SchoolScholarship award | Portsmouth, NH | $1K | 2023 |
| Senior Center At Lower VillageThe Center Renovation Project | Kennebunk, ME | $25K | 2022 |
| Fair Tide IncMainspring Seacoast Social Service Collective | Kittery, ME | $50K | 2023 |
| Habitat For Humanity York CountyYork Street Building | Kennebunk, ME | $50K | 2023 |
| York County Community Action CorpKeeping Seniors Home Program | Sanford, ME | $28K | 2023 |
| Great Bay Stewards IncThe Glenn Cove Project | Greenland, NH | $25K | 2023 |
| United Recovery FundRide to Work program | Portland, ME | $25K | 2023 |
| Southern Maine Agency On AgingElder Homelessness Prevention Program | Scarborough, ME | $25K | 2023 |
| Age Friendly SacoTransportation Program | Saco, ME | $25K | 2023 |
| Great Works Regional Land TrustWoods to Waters Campaign | South Berwick, ME | $25K | 2023 |
| Strawberry Banke MuseumCapital Campaign Terrace Expansion | Portsmouth, NH | $25K | 2023 |
| Hope On Haven HillMinivan for client transportation | Rochester, NH | $25K | 2023 |
| Ymca Of Sanford-SpringvaleIncreasing systems efficiency at Trafton Center | Sanford, ME | $23K | 2023 |
| New England Electric Railway Historical SocietyVisitors Center Lobby Revitalization Project | Kennebunkport, ME | $20K | 2023 |
| Footprints IncOlder Resident Support Initiative | Kittery, ME | $20K | 2023 |
| Sos Recovery Community ConnectionSocial Enterprise RFW Restaurant | Rochester, NH | $15K | 2023 |
| Center For WildlifeEnsuring access to nature connection for all | Cape Neddick, ME | $10K | 2023 |
| Animal Welfare Society IncVeterinary Care for Pets of York County Seniors | West Kennebunk, ME | $10K | 2023 |
| Three Rivers Land TrustAccessible trail at Goat Hill | Alfred, ME | $10K | 2023 |
| Alzheimers Disease And Related Disorders AssociationCare Support Hope in a New Era of Treatment | Scarborough, ME | $10K | 2023 |
| White Pine ProgramsEngaging Our Elders in Nature | York, ME | $10K | 2023 |
| A Place To StartImproving Quality of Life One Meal at a Time | Kennebunk, ME | $6K | 2023 |
| Volunteers Of AmericaPaul Hazelton House | Brunswick, ME | $5K | 2023 |
| Dover High SchoolScholarship award | Dover, NH | $1K | 2023 |
| Oyster River High SchoolScholarship award | Durham, NH | $1K | 2023 |
| Noble High SchoolScholarship award | North Berwick, ME | $1K | 2023 |
| Newmarket Jrsr High SchoolScholarship award | Newmarket, NH | $1K | 2023 |
| Marshwood High SchoolScholarship award | South Berwick, ME | $1K | 2023 |
| Kennebunk High SchoolScholarship award | Kennebunk, ME | $1K | 2023 |
| Winnacunnet High SchoolScholarship award | Hampton, NH | $1K | 2023 |
| York High SchoolScholarship award | York, ME | $1K | 2023 |
| Biddeford High SchoolScholarship award | Biddeford, ME | $1K | 2023 |
| Wells High SchoolScholarship award | Wells, ME | $1K | 2023 |
| Exeter High SchoolScholarship award | Exeter, NH | $1K | 2023 |
| Robert W Traip AcademyScholarship award | Kittery, ME | $1K | 2023 |
| Somersworth High SchoolScholarship award | Somersworth, NH | $1K | 2023 |
| Sanford High SchoolScholarship award | Sanford, ME | $1K | 2023 |
| Avesta Housing Development CorpSenior Affordable Housing Development Alewive Park Road | Portland, ME | $100K | 2022 |
| Waban Projects IncHelping Members Age in Place | Sanford, ME | $25K | 2022 |
| Maine Recovery FundVehicle Sponsorship for Ride to Work Program | Portland, ME | $25K | 2022 |
| Greater Seacoast Community HealthCapital Campaign A New Home for Families First | Somersworth, NH | $25K | 2022 |
| Avesta Housing Development CorporationCapital Campaign The Silver Hearth Fund | Portland, ME | $25K | 2022 |
| New Museum Of Portsmouth IncCapital Campaign new museum building | Portsmouth, NH | $25K | 2022 |