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Margaret & Don Matheson Scholarship Fund is a private trust based in PORTLAND, ME. The foundation received its IRS ruling in 2014. The principal officer is Chester W Sterczek. It holds total assets of $732K. Annual income is reported at $158K. Total assets have grown from $570K in 2011 to $690K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. Tax records are available from 2020 to 2023. According to available records, Margaret & Don Matheson Scholarship Fund has made 15 grants totaling $100K, with a median grant of $2K. The foundation has distributed between $30K and $37K annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $37K distributed across 1 grants. Individual grants have ranged from $2K to $37K, with an average award of $7K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Rhode Island, Maine, New Hampshire, which account for 87% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
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.
Margaret & Don Matheson Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in RI, ME, NH.
Margaret & Don Matheson Scholarship Fund has distributed a total of $100K across 15 grants. The median grant size is $2K, with an average of $7K. Individual grants have ranged from $2K to $37K.
Graduating seniors of winslow high school going on to post h.s. Education. Student who has demonstrated academic focus and financial need will be given highest priority.
Margaret & Don Matheson Scholarship Fund is headquartered in PORTLAND, ME. While based in ME, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $8K | $0 | $8K |
Total Giving
$42K
Total Assets
$690K
Fair Market Value
$757K
Net Worth
$690K
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$37K
Total Grants
15
Total Giving
$100K
Average Grant
$7K
Median Grant
$2K
Unique Recipients
14
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversitySCHOLARSHIP | Providence, RI | $2K | 2022 |
| Dartmouth CollegeSCHOLARSHIPS | Hanover, NH | $4K | 2022 |
| University Of Maine FarmingtonSCHOLARSHIPS | Farmington, ME | $4K | 2022 |
| University Of New EnglandSCHOLARSHIPS | Biddeford, ME | $4K | 2022 |
| University Of New HampshireSCHOLARSHIP | Durham, NH | $2K | 2022 |
| Colby CollegeSCHOLARSHIPS | Waterville, ME | $2K | 2022 |
| University Of Maine AugustaSCHOLARSHIPS | Augusta, ME | $2K | 2022 |
| Ave Maria UniversitySCHOLARSHIPS | Ave Maria, FL | $2K | 2022 |
| Husson UniversitySCHOLARSHIPS | Bangor, ME | $2K | 2022 |
| Worcester Polytechnic InstituteSCHOLARSHIPS | Worcester, MA | $2K | 2022 |
| Thomas CollegeSCHOLARSHIPS | Waterville, ME | $2K | 2022 |
| University Of Southern MaineSCHOLARSHIPS | Portland, ME | $2K | 2022 |
| Unity CollegeSCHOLARSHIPS | Unity, ME | $2K | 2022 |
| See Attached ScheduleSCHOLARSHIPS | See Attached, RI | $37K | 2021 |