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Logan P Graves Foundation is a private corporation based in PRESQUE ISLE, ME. The foundation received its IRS ruling in 2001. The principal officer is Robert Graves Jr. It holds total assets of $176K. Annual income is reported at $9K. Total assets have grown from $87K in 2011 to $160K in 2023. The foundation is governed by 2 officers and trustees. A 10,000 contribution was made to the aroostook house of comfort (a maine 501(c)(3) organization) to assist with their efforts to operate a hospice center for area families. Tax records are available from 2016 to 2023. According to available records, Logan P Graves Foundation has made 5 grants totaling $26K, with a median grant of $4K. The foundation has distributed between $6K and $13K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $13K distributed across 2 grants. Individual grants have ranged from $3K to $10K, with an average award of $5K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Each year a scholarship is awarded to a student entering the medical field. The total scholarship is 5,000 per student paid over 3 years as long as an adequate gpa is maintained.
Expenses: $4K
A 10,000 contribution was made to the aroostook house of comfort (a maine 501(c)(3) organization) to assist with their efforts to operate a hospice center for area families. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in ME.
Logan P Graves Foundation has distributed a total of $26K across 5 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $3K to $10K.
The application deadline is SEE ATTACHMENT A. See attachment a.
Logan P Graves Foundation is headquartered in PRESQUE ISLE, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert D Graves Jr | DIRECTOR | $0 | $0 | N/A |
| Gregory V Graves | OFFICER | $0 | $0 | N/A |
Total Giving
$7K
Total Assets
$160K
Fair Market Value
$160K
Net Worth
$160K
Grants Paid
$7K
Contributions
$9K
Net Investment Income
$2K
Distribution Amount
N/A
Total: N/A
Total Grants
5
Total Giving
$26K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
5
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Maine At Fort KentASSIST POST-SECONDARY EDU. STUDENTS | Fort Kent, ME | $4K | 2023 |
| Aroostook House Of ComfortCHARITABLE CONTRIBUTION | Presque Isle, ME | $3K | 2023 |
| Aroostook Hpuse Of ComfortCHARITABLE CONTRIBUTION | Presque Isle, ME | $10K | 2022 |
| Maine Maritime AcademyASSIST POST-SECONDARY EDU. STUDENTS | Castine, ME | $3K | 2022 |
| Husson UniversityASSIST POST-SECONDARY EDU. STUDENTS | Bangor, ME | $6K | 2020 |