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Mascoma Savings Bank Foundation is a private trust based in LEBANON, NH. The foundation received its IRS ruling in 1987. It holds total assets of $6.7M. Annual income is reported at $1.1M. Total assets have grown from $4M in 2011 to $6.7M in 2023. The foundation is governed by 6 officers and trustees. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Vermont and New Hampshire. According to available records, Mascoma Savings Bank Foundation has made 90 grants totaling $873K, with a median grant of $9K. Individual grants have ranged from $2K to $30K, with an average award of $10K. The foundation has supported 45 unique organizations. Grants have been distributed to organizations in Vermont and New Hampshire and Maine. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$30K
Based on 67 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.
Mascoma Savings Bank Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 90 grants. Its grantmaking reaches organizations primarily in VT, NH, ME.
Mascoma Savings Bank Foundation has distributed a total of $873K across 90 grants. The median grant size is $9K, with an average of $10K. Individual grants have ranged from $2K to $30K.
The application deadline is SEE ATTACHED GUIDELINES. Grants to organizations within the lending area of mascoma bank. An organization receiving funds from the foundation is eligible to submit a new application if at least 24 months has passed since they have received a donation.
Mascoma Savings Bank Foundation is headquartered in LEBANON, NH. While based in NH, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel Mcgee | TRUSTEE AS OF APRIL 2023 | $0 | $0 | N/A |
| Merritt Patridge | CHAIR | $0 | $0 | N/A |
| Deirdre Goodrich | TRUSTEE | $0 | $0 | N/A |
| Frank Leibly | TRUSTEE AS OF APRIL 2023 | $0 | $0 | N/A |
| Gary Gray | TRUSTEE UNTIL APRIL 2023 | $0 | $0 | N/A |
| Gretchen Cherington | TRUSTEE UNTIL APRIL 2023 | $0 | $0 | N/A |
Total Giving
$470K
Total Assets
$6.7M
Fair Market Value
$8.9M
Net Worth
$6.7M
Grants Paid
$427K
Contributions
$324K
Net Investment Income
$403K
Distribution Amount
$409K
Total: $56K
Total Grants
90
Total Giving
$873K
Average Grant
$10K
Median Grant
$9K
Unique Recipients
45
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Springfield Area Parent Child CenterCHILDHOOD EDUCATION TRAINING CENTER | North Springfield, VT | $30K | 2022 |
| Twin Pines Housing TrustOFFICE RENOVATION | White River Junction, VT | $25K | 2022 |
| Cover Home RepairBUILDING RENEWAL PROJECT | White River Junction, VT | $20K | 2022 |
| Prosperity MeSCHOLARSHIP CAMPAIGN | Portland, ME | $20K | 2022 |
| Generator IncGENERATOR FACILITY AND WORKFORCE DEVELOPMENT EXPANSION | Burlington, VT | $20K | 2022 |
| The Opportunity AllianceCREATING A SAFER SPACE FOR CLIENTS AND STAFF | South Portland, ME | $20K | 2022 |
| Springfield Community PlayersBUILDING CODE RENOVATIONS | Springfield, VT | $15K | 2022 |
| CcbaINDOOR POOL | Lebanon, NH | $15K | 2022 |
| Upper Valley Habitat For HumanityAFFORDABLE HOUSING | White River Junction, VT | $15K | 2022 |
| Northern Stage CompanyAFFORDABLE HOUSING | White River Junction, VT | $15K | 2022 |
| Visions For Creative Housing SolutionsHANOVER CAPITAL CAMPAIGN | Enfield, NH | $15K | 2022 |
| WaypointRENOVATION OF SPACE FOR FAMILY RESOURCE CENTER | Lebanon, NH | $15K | 2022 |
| David'S HouseHVAC UPGRADE | Lebanon, NH | $15K | 2022 |
| Orange County Restorative Justice CenterHALE-BRODNE HOUSE-AFFORDABLE HOUSING | Chelsea, VT | $12K | 2022 |
| Good Neighbor Health ClinicsLEBANON SATELLITE CLINIC | White River Junction, VT | $11K | 2022 |
| Vermont Works For WomenBUILDING RENOVATION | Winooski, VT | $10K | 2022 |
| Portland OvationsOFFICE RENOVATION | Portland, ME | $10K | 2022 |
| Society For The Protection Of New Hampshire ForestsBETHLEHEM PROJECT | Concord, NH | $10K | 2022 |
| Children'S Literacy FoundationNEW CHILDREN'S LITERACY FOUNDATION HEADQUARTERS | Waterbury Center, VT | $10K | 2022 |
| LundRESIDENTIAL COMMERCIAL KITCHEN RENOVATION | South Burlington, VT | $10K | 2022 |
| Twinstate Makerspaces IncENHANCING SUPPORTS FOR ENTREPRENEURS AND BUSINESS START-UPS | Claremont, NH | $10K | 2022 |
| Turning Points NetworkEMERGENCY SHELTER RENOVATION | Claremont, NH | $10K | 2022 |
| Bethlehem Reimagined IncDOWNTOWN BETHLEHEM REVITALIZATION | Bethlehem, NH | $9K | 2022 |
| Grafton County Senior Citizens Council IncHALF-CENTURY CAMPAIGN: SUPPORTING OLDER ADULTS IN GRAFTON COUNTY TODAY AND FOR DECADES TO COME | Lebanon, NH | $8K | 2022 |
| Monadnock Area Peer Support AgencyWASHINGTON WELLNESS ACCESSIBILITY UPGRADES | Keene, NH | $8K | 2022 |
| Good Neighbor Health ClinicDENTAL CLINIC | White River Junction, VT | $8K | 2022 |
| Rise For Baby And FamilyRISE FOR BABY AND FAMILY 2021/2022 CAPITAL IMPROVEMENTS PROJECT | Keene, NH | $8K | 2022 |