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Thomas D Shaffner Charitable Foundation is a private trust based in PORTLAND, ME. The foundation received its IRS ruling in 2022. The principal officer is Verrill Dana. It holds total assets of $7M. Annual income is reported at $1.1M. Total assets have grown from $29K in 2016 to $7.2M in 2023. The foundation is governed by 3 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 2020 to 2023. Funding is distributed across 5 states, including Maine, New Hampshire, Florida. According to available records, Thomas D Shaffner Charitable Foundation has made 15 grants totaling $929K, with a median grant of $48K. Annual giving has decreased from $544K in 2022 to $385K in 2023. Individual grants have ranged from $6K to $236K, with an average award of $62K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Maine, New York, New Hampshire, which account for 87% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$37K
Average Grant
$56K
Largest Grant
$157K
Based on 8 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.
Thomas D Shaffner Charitable Foundation 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, NY, NH.
Thomas D Shaffner Charitable Foundation has distributed a total of $929K across 15 grants. The median grant size is $48K, with an average of $62K. Individual grants have ranged from $6K to $236K.
Thomas D Shaffner Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Thomas D Shaffner Charitable Foundation is headquartered in PORTLAND, ME. While based in ME, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph W Shaffner | TRUSTEE | $0 | $0 | N/A |
| Michael T Shaffner | TRUSTEE | $0 | $0 | N/A |
| Kurt E Klebe | TRUSTEE | $0 | $0 | N/A |
Total Giving
$446K
Total Assets
$7.2M
Fair Market Value
$8.5M
Net Worth
$7.2M
Grants Paid
$385K
Contributions
N/A
Net Investment Income
$166K
Distribution Amount
$395K
Total: $4.3M
Total Grants
15
Total Giving
$929K
Average Grant
$62K
Median Grant
$48K
Unique Recipients
10
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The National Center On Addiction And Substance AbuseOPERATIONAL SUPPORT | New York, NY | $145K | 2023 |
| Maine Recovery FundOPERATIONAL SUPPORT | Portland, ME | $100K | 2023 |
| Pequawket Valley Health InitiativesOPERATIONAL SUPPORT | Fryeburg, ME | $67K | 2023 |
| University Of MaineOPERATIONAL SUPPORT | Orono, ME | $52K | 2023 |
| Eastern Slope Airport AcademyOPERATIONAL SUPPORT | Fryeburg, ME | $15K | 2023 |
| Fryeburg AcademyOPERATIONAL SUPPORT | Fryeburg, ME | $6K | 2023 |
| Partnership To End AddictionOPERATIONAL SUPPORT | New York, NY | $236K | 2022 |
| North Conway Memorial HospitalOPERATIONAL SUPPORT | North Conway, NH | $20K | 2022 |
| Elon UniversityOPERATIONAL SUPPORT | Elon, NC | $20K | 2022 |
| Eckerd CollegeOPERATIONAL SUPPORT | St Petersburg, FL | $20K | 2022 |