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Stanley Bailey Charitable Trust is a private trust based in DAMARISCOTTA, ME. The foundation received its IRS ruling in 2017. The principal officer is First National Bank Ttee. It holds total assets of $1.2M. Annual income is reported at $284K. The foundation is governed by 1 officer or trustee. 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 2020 to 2023. The foundation primarily funds organizations in Maine and Florida. According to available records, Stanley Bailey Charitable Trust has made 15 grants totaling $241K, with a median grant of $18K. The foundation has distributed between $75K and $85K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $85K distributed across 5 grants. Individual grants have ranged from $8K to $19K, with an average award of $16K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Maine and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$17K
Average Grant
$15K
Largest Grant
$17K
Based on 5 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.
Stanley Bailey Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in ME, FL.
Stanley Bailey Charitable Trust has distributed a total of $241K across 15 grants. The median grant size is $18K, with an average of $16K. Individual grants have ranged from $8K to $19K.
Stanley Bailey Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Stanley Bailey Charitable Trust is headquartered in DAMARISCOTTA, ME. While based in ME, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First National Bank | TRUSTEE | $0 | $0 | N/A |
Total Giving
$96K
Total Assets
$1.2M
Fair Market Value
$1.7M
Net Worth
$1.2M
Grants Paid
$81K
Contributions
N/A
Net Investment Income
$56K
Distribution Amount
$79K
Total: $1.1M
Total Grants
15
Total Giving
$241K
Average Grant
$16K
Median Grant
$18K
Unique Recipients
5
Most Common Grant
$18K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist ChurchTO FULFILL EXEMPT PURPOSE OF ORGANIZ | Waldoboro, ME | $18K | 2023 |
| Waldoboro Lions FoundationTO FULFILL EXEMPT PURPOSE OF ORGANIZ | Waldoboro, ME | $18K | 2023 |
| Waldoboro Public LibraryTO FULFILL EXEMPT PURPOSE OF ORGANIZ | Waldoboro, ME | $18K | 2023 |
| Waldoborough Historical SocietyTO FULFILL EXEMPT PURPOSE OF ORGANIZ | Waldoboro, ME | $18K | 2023 |
| Shriners Hospital For ChildrenTO FULFILL EXEMPT PURPOSE OF ORGANIZ | Tampa, FL | $9K | 2023 |