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Shadie-Niles Charitable Trust is a private trust based in PORTLAND, ME. The foundation received its IRS ruling in 2001. The principal officer is H M Payson & Co. It holds total assets of $613K. Annual income is reported at $261K. The foundation is governed by 2 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, Shadie-Niles Charitable Trust has made 12 grants totaling $209K, with a median grant of $18K. Annual giving has grown from $39K in 2021 to $49K in 2024. Grantmaking activity was highest in 2023 with $120K distributed across 6 grants. Individual grants have ranged from $13K to $20K, with an average award of $17K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Smallest Grant
$13K
Median Grant
$13K
Average Grant
$13K
Largest Grant
$13K
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.
Shadie-Niles Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in ME.
Shadie-Niles Charitable Trust has distributed a total of $209K across 12 grants. The median grant size is $18K, with an average of $17K. Individual grants have ranged from $13K to $20K.
Shadie-Niles Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Shadie-Niles Charitable Trust is headquartered in PORTLAND, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hm Payson Co | TRUSTEE | $13K | $0 | $13K |
| Katherine C Gibson | TRUSTEE | $0 | $0 | N/A |
Total Giving
$63K
Total Assets
$618K
Fair Market Value
$1.1M
Net Worth
$618K
Grants Paid
$49K
Contributions
N/A
Net Investment Income
$62K
Distribution Amount
$52K
Total: $299K
Total Grants
12
Total Giving
$209K
Average Grant
$17K
Median Grant
$18K
Unique Recipients
3
Most Common Grant
$20K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Camden Area District NursingUNRESTRICTED | Camden, ME | $16K | 2024 |
| Select Board Town Of CamdenUNRESTRICTED | Camden, ME | $16K | 2024 |
| St Brendan The NavigatorUNRESTRICTED | Camden, ME | $16K | 2024 |