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Tri-Town Medical Foundation Inc. is a private corporation based in JAY, ME. The foundation received its IRS ruling in 1980. It holds total assets of $247K. Annual income is reported at $37K. The foundation is governed by 5 officers and trustees. The foundation operates in the area of education. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Maine. According to available records, Tri-Town Medical Foundation Inc. has made 15 grants totaling $45K, with a median grant of $3K. Annual giving has grown from $11K in 2021 to $29K in 2023. Individual grants have ranged from $2K to $7K, with an average award of $3K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Maine and New Hampshire. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$4K
Largest Grant
$7K
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.
Tri-Town Medical Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in ME, NH.
Tri-Town Medical Foundation Inc. has distributed a total of $45K across 15 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $2K to $7K.
The application deadline is APPLICATIONS MUST BE SUBMITTED ANNUALLY. Scholarships may be renewed from year to year in the sole discretion of the board and upon verification that the recipient has maintained a b average at the post secondary school. Immediate family members of the board of tri-town medical foundation, inc. Are not eligible for scholarships.
Tri-Town Medical Foundation Inc. is headquartered in JAY, ME. While based in ME, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary Knight | PRESIDENT/DI | $0 | $0 | N/A |
| Norman St Pierre | TREASURER/DI | $0 | $0 | N/A |
| Theresa Timberlake | SECRETARY/DI | $0 | $0 | N/A |
| Mary Hayford | DIRECTOR | $0 | $0 | N/A |
| Michele Knapp | DIRECTOR | $0 | $0 | N/A |
Total Giving
$18K
Total Assets
$250K
Fair Market Value
$334K
Net Worth
$250K
Grants Paid
$14K
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
$16K
Total: N/A
Total Grants
15
Total Giving
$45K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
8
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of New EnglandSCHOLARSHIP | Biddeford, ME | $6K | 2023 |
| University Of MaineSCHOLARSHIP | Orono, ME | $3K | 2023 |
| University Of New HampshireSCHOLARSHIP | Durham, NH | $3K | 2023 |
| St Josephs CollegeSCHOLARSHIP | Standish, ME | $2K | 2023 |
| Me College Of Health ProfessionalsSCHOLARSHIP | Lewiston, ME | $2K | 2023 |
| Husson UniversityPROVIDE FINANCIAL AID TO QUALIFYING STUDENTS | Bangor, ME | $3K | 2022 |
| St Joseph'S CollegePROVIDE FINANCIAL AID TO QUALIFYING STUDENTS | Standish, ME | $3K | 2022 |
| University Of Southern MainePROVIDE FINANCIAL AID TO QUALIFYING STUDENTS | Portland, ME | $3K | 2021 |