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Prescott Family Charitable Corporation is a private corporation based in MANCHESTER, ME. The foundation received its IRS ruling in 2017. The principal officer is Peter Prescott. It holds total assets of $181K. Annual income is reported at $11K. The foundation is governed by 4 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 2017 to 2023. Grantmaking is concentrated in Maine. According to available records, Prescott Family Charitable Corporation has made 6 grants totaling $23K, with a median grant of $4K. The foundation has distributed between $11K and $12K annually from 2020 to 2022. Individual grants have ranged from $3K to $4K, with an average award of $4K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$4K
Average Grant
$4K
Largest Grant
$4K
Based on 3 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.
Prescott Family Charitable Corporation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in ME.
Prescott Family Charitable Corporation has distributed a total of $23K across 6 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $3K to $4K.
Prescott Family Charitable Corporation typically selects its grantees rather than accepting unsolicited proposals.
Prescott Family Charitable Corporation is headquartered in MANCHESTER, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter E Prescott | President & Director | $0 | $0 | N/A |
| Sandra S Prescott | Sec/Treas/Director | $0 | $0 | N/A |
| Steven E Prescott | Director | $0 | $0 | N/A |
| Stacy L Prescott | Director | $0 | $0 | N/A |
Total Giving
$11K
Total Assets
$180K
Fair Market Value
$180K
Net Worth
$180K
Grants Paid
$10K
Contributions
$1K
Net Investment Income
$10K
Distribution Amount
$9K
Total Grants
6
Total Giving
$23K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
5
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pine Tree SocietyGeneral Support | Bath, ME | $4K | 2022 |
| Ephphatha CommunityGeneral Support | Winslow, ME | $4K | 2022 |
| Skating Association Of MaineGeneral Support | Augusta, ME | $4K | 2022 |
| Children'S Center Early Intervention And Family SupportGeneral Support | Augusta, ME | $4K | 2020 |
| Travis Mills FoundationGeneral Support | Manchester, ME | $4K | 2020 |