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Also known as: FOUNDATION
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Paul And Helen Goransson Charitable Foundation is a private corporation based in ELIOT, ME. The foundation received its IRS ruling in 2014. The principal officer is Mark W Lawrence. It holds total assets of $1M. Annual income is reported at $188K. Total assets have grown from $41K in 2013 to $965K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of community development. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Maine, New Hampshire and Illinois. According to available records, Paul And Helen Goransson Charitable Foundation has made 28 grants totaling $281K, with a median grant of $5K. Annual giving has decreased from $94K in 2020 to $63K in 2023. Grantmaking activity was highest in 2022 with $124K distributed across 12 grants. Individual grants have ranged from $200 to $37K, with an average award of $10K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New Hampshire, Maine, Illinois, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$5K
Average Grant
$10K
Largest Grant
$36K
Based on 6 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.
Paul And Helen Goransson Charitable Foundation primarily funds organizations in the area of community development. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in NH, ME, IL.
Paul And Helen Goransson Charitable Foundation has distributed a total of $281K across 28 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from $200 to $37K.
Scholarships are awarded to high school seniors based on scholarship need, merit, community service, athletic interests and other specified criteria and essay.
Paul And Helen Goransson Charitable Foundation is headquartered in ELIOT, ME. While based in ME, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul N Goransson | PRESIDENT | $0 | $0 | N/A |
| Helen Goransson | VICE PRESIDENT | $0 | $0 | N/A |
| Peter A Goransson | TREASURER | $0 | $0 | N/A |
| Jennifer G Goransson | SECRETARY | $0 | $0 | N/A |
Total Giving
$75K
Total Assets
$965K
Fair Market Value
$1.3M
Net Worth
$965K
Grants Paid
$63K
Contributions
$144K
Net Investment Income
$39K
Distribution Amount
$51K
Total: $938K
Total Grants
28
Total Giving
$281K
Average Grant
$10K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Seacoast Repertory TheatreCHARITABLE CONTRIBUTION | Portsmouth, NH | $25K | 2023 |
| Holy Trinity ChurchCHARITABLE CONTRIBUTION | Newington, NH | $13K | 2023 |
| Kelvin PetersonEDUCATIONAL SCHOLARSHIP | Eliot, ME | $5K | 2023 |
| Sydney PageEDUCATIONAL SCHOLARSHIP | South Berwick, ME | $5K | 2023 |
| Abbigail LeblancEDUCATIONAL SCHOLARSHIP | South Berwick, ME | $5K | 2023 |
| Braden ButlerEDUCATIONAL SCHOLARSHIP | South Berwick, ME | $5K | 2023 |
| Great Works Regional Land TrustCHARITABLE CONTRIBUTION | Ogunquit, ME | $3K | 2023 |
| South Berwick- Eliot RotaryCHARITABLE CONTRIBUTION | South Berwick, ME | $1K | 2023 |
| Life And Hope School HaitiCHARITABLE CONTRIBUTION | West Babylon, NY | $220 | 2023 |
| Lutheran Disaster ReliefCHARITABLE CONTRIBUTION | Chicago, IL | $200 | 2022 |
| Ogunquit PlayhouseCHARITABLE CONTRIBUTION | Ogunquit, ME | $20K | 2020 |
| Katie TaranEDUCATIONAL SCHOLARSHIP | South Berwick, ME | $5K | 2020 |
| Luke KovalcinEDUCATIONAL SCHOLARSHIP | Eliot, ME | $5K | 2020 |
| Marshwood Interact-Rotary ClubCHARITABLE CONTRIBUTION | South Berwick, ME | $300 | 2020 |