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Also known as: FOUNDATION C/O SPINNAKER TRUST
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Old Bug Light Charitable Foundation is a private trust based in PORTLAND, ME. The foundation received its IRS ruling in 1998. The principal officer is R E Curran. It holds total assets of $2.3M. Annual income is reported at $1.6M. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Maine. According to available records, Old Bug Light Charitable Foundation has made 87 grants totaling $750K, with a median grant of $5K. The foundation has distributed between $171K and $400K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $400K distributed across 42 grants. Individual grants have ranged from $1K to $50K, with an average award of $9K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in Maine, District of Columbia, California, which account for 91% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$7K
Largest Grant
$40K
Based on 26 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.
Old Bug Light Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 87 grants. Its grantmaking reaches organizations primarily in ME, DC, CA.
Old Bug Light Charitable Foundation has distributed a total of $750K across 87 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $1K to $50K.
Old Bug Light Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Old Bug Light Charitable Foundation is headquartered in PORTLAND, ME. While based in ME, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer M Vandekreeke | TRUSTEE | $0 | $0 | N/A |
| Meryl Nierman | TRUSTEE | $0 | $0 | N/A |
| Robin Vandekreeke | TRUSTEE | $0 | $0 | N/A |
| Christopher S Moore | TRUSTEE | $0 | $0 | N/A |
| Bree Lacasse | TRUSTEE | $0 | $0 | N/A |
| Nathaniel T Moore | TRUSTEE | $0 | $0 | N/A |
Total Giving
$183K
Total Assets
$2.1M
Fair Market Value
$2.6M
Net Worth
$2.1M
Grants Paid
$171K
Contributions
N/A
Net Investment Income
$55K
Distribution Amount
$122K
Total: $1.9M
Total Grants
87
Total Giving
$750K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
33
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyFOR OPERATING EXPENSES | Charlotte Court House, VA | $7K | 2023 |
| LearningworksFOR OPERATIONS | Portland, ME | $50K | 2024 |
| Portland Musuem Of ArtFOR OPERATIONS | Portland, ME | $22K | 2024 |
| Surfaid International UsaFOR THE SOLOMON ISLANDS DV PROGRAM | Encinitas, CA | $20K | 2024 |
| Planned Parenthood Federation OfPATIENT FINANCIAL ASSISTANCE FUND | Washington, DC | $13K | 2024 |
| SailmaineFOR OPERATIONS | Portland, ME | $12K | 2024 |
| Friends Of Congress Square ParkCONGRESS SQUARE PARK REDESIGN | Portland, ME | $12K | 2024 |
| Gulf Of Maine Research InstituteFOR OPERATIONS | Portland, ME | $5K | 2024 |
| Olympia Snowe Womens LeadershipFOR OPERATIONS | Portland, ME | $5K | 2024 |
| The Dempsey CenterGENERAL OPERATING EXPENSES | Lewiston, ME | $5K | 2024 |
| Bicycle Coalition Of MaineFOR OPERATIONS | Portland, ME | $4K | 2024 |
| Portland Community SquashRALLY PORTLAND SCHOLARSHIP | Portland, ME | $4K | 2024 |
| Hospice Of Southern MaineFOR OPERATIONS | Scarborough, ME | $4K | 2024 |
| Make-A-Wish MaineTO SUPPORT WISHES FOR MAINE CHILDREN | Scarborough, ME | $4K | 2024 |
| Aclu Of MaineFOR OPERATIONS | Portland, ME | $3K | 2024 |
| The Center For Grieving ChildrenFOR OPERATIONS | Portland, ME | $3K | 2024 |
| Portland TrailsFOR OPERATIONS | Portland, ME | $2K | 2024 |
| Eastern Trail AllianceFOR OPERATIONS | Saco, ME | $1K | 2024 |
| Space GalleryFOR OPERATIONS | Portland, ME | $1K | 2024 |
| Immigrant Legal Advocacy ProjectFOR OPERATIONS | Portland, ME | $1K | 2024 |
| The Telling RoomINVESTING IN WI-FI & UPDATING TECH | Portland, ME | $12K | 2023 |
| Portland OvationsCULTIVATING CURIOSITY BOOK PURCHASES | Portland, ME | $5K | 2023 |