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Also known as: FREE LIBR C/O FIRST NATIONAL BANK
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Thompson Free Library Fbo is a private association based in DAMARISCOTTA, ME. The foundation received its IRS ruling in 1964. It holds total assets of $399K. Annual income is reported at $86K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Thompson Free Library Fbo has made 3 grants totaling $55K, with a median grant of $17K. The foundation has distributed between $17K and $21K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $21K distributed across 1 grants. Individual grants have ranged from $17K to $21K, with an average award of $18K. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
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.
Thompson Free Library Fbo is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in ME.
Thompson Free Library Fbo has distributed a total of $55K across 3 grants. The median grant size is $17K, with an average of $18K. Individual grants have ranged from $17K to $21K.
Thompson Free Library Fbo typically selects its grantees rather than accepting unsolicited proposals.
Thompson Free Library Fbo is headquartered in DAMARISCOTTA, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First National Bank | TRUSTEE | $0 | $0 | N/A |
Total Giving
$22K
Total Assets
$385K
Fair Market Value
$427K
Net Worth
$385K
Grants Paid
$17K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
$20K
Total: $374K
Total Grants
3
Total Giving
$55K
Average Grant
$18K
Median Grant
$17K
Unique Recipients
1
Most Common Grant
$17K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Thompson Free LibraryUNRESTRICTED GENERAL SUPPORT | Doverfoxcroft, ME | $17K | 2023 |