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Also known as: FIRST NATIONAL BANK TRUSTEE
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William Searls Scholarship Foundation is a private trust based in DAMARISCOTTA, ME. The foundation received its IRS ruling in 1954. It holds total assets of $428K. Annual income is reported at $90K. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Maine. According to available records, William Searls Scholarship Foundation has made 53 grants totaling $63K, with a median grant of $850. Annual giving has grown from $12K in 2020 to $18K in 2023. Grantmaking activity was highest in 2022 with $32K distributed across 24 grants. Individual grants have ranged from $550 to $5K, with an average award of $1K. The foundation has supported 30 unique organizations. The foundation primarily supports organizations in Maine, Massachusetts, Ohio, which account for 66% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$850
Median Grant
$1K
Average Grant
$1K
Largest Grant
$5K
Based on 12 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.
William Searls Scholarship Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in ME, MA, OH.
William Searls Scholarship Foundation has distributed a total of $63K across 53 grants. The median grant size is $850, with an average of $1K. Individual grants have ranged from $550 to $5K.
William Searls Scholarship Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (016009698) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
William Searls Scholarship Foundation is headquartered in DAMARISCOTTA, ME. While based in ME, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First National Bank | TRUSTEE | $0 | $0 | N/A |
Total Giving
$23K
Total Assets
$415K
Fair Market Value
$458K
Net Worth
$415K
Grants Paid
$18K
Contributions
N/A
Net Investment Income
$14K
Distribution Amount
$21K
Total: $397K
Total Grants
53
Total Giving
$63K
Average Grant
$1K
Median Grant
$850
Unique Recipients
30
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| DartmouthSCHOLARSHIP | Hanover, NH | $550 | 2020 |
| University Of Maine OronoSCHOLARSHIP | Orono, ME | $4K | 2023 |
| Southern Maine Communtiy CollegeSCHOLARSHIP | South Portland, ME | $2K | 2023 |
| Cedarville UniversitySCHOLARSHIP | Cedarville, OH | $1K | 2023 |
| Rochester Inst Of TechnologySCHOLARSHIP | Rochester, NY | $1K | 2023 |
| University Of Rhode IslandSCHOLARSHIP | Kingston, RI | $1K | 2023 |
| University Of Southern MaineSCHOLARSHIP | Portland, ME | $1K | 2023 |
| Husson UniversitySCHOLARSHIP | Bangor, ME | $1K | 2023 |
| Berklee College Of MusicSCHOLARSHIP | Boston, MA | $1K | 2023 |
| University Of Maine - AugustaSCHOLARSHIP | Augusta, ME | $1K | 2023 |
| University Of Maine - FarmingtonSCHOLARSHIP | Farmington, ME | $1K | 2023 |
| Rochester Institute Of TechnologySCHOLARSHIP | Rochester, NY | $1K | 2023 |
| Kenyon CollegeSCHOLARSHIP | Gambier, OH | $1K | 2023 |
| Eastern Maine Community CollegeSCHOLARSHIP | Bangor, ME | $1K | 2022 |
| University Of Maine Presque IsleSCHOLARSHIP | Presque Isle, ME | $850 | 2022 |
| Champlain CollegeSCHOLARSHIP | Burlington, VT | $850 | 2022 |
| Johnson & Wales UniversitySCHOLARSHIP | Providence, RI | $850 | 2022 |
| Maine College Of Art & DesignSCHOLARSHIP | Portland, ME | $850 | 2022 |
| University Of New HampshireSCHOLARSHIP | Durham, NH | $850 | 2022 |
| University Of TampaSCHOLARSHIP | Tampa, FL | $650 | 2020 |
| Boston UniversitySCHOLARSHIP | Boston, MA | $650 | 2020 |
| University Of MiamiSCHOLARSHIP | Coral Gables, FL | $650 | 2020 |
| Nova Southeastern UniversitySCHOLARSHIP | Fort Lauderdale, FL | $650 | 2020 |
| University Of ConnecticutSCHOLARSHIP | Storrs, CT | $650 | 2020 |
| Simmons UniversitySCHOLARSHIP | Boston, MA | $650 | 2020 |
| Thomas CollegeSCHOLARSHIP | Waterville, ME | $650 | 2020 |
| Villanova UniversitySCHOLARSHIP | Villanova, PA | $650 | 2020 |
| Maine Maritime AcademySCHOLARSHIP | Castine, ME | $550 | 2020 |