ROCKLAND, ME
Island Institute
Quick Facts
- EIN
- 22-2786731
- Location
- ROCKLAND, ME
- Category
- Education
- NTEE Code
- B82Z
- Total Assets
- $38.4M
- Annual Income
- $12M
- Annual Revenue
- $7.7M
- IRS Ruling Year
- 1987
- Tax Subsection
- 501(c)(03)
About This Organization
Island Institute is a nonprofit organization based in ROCKLAND, ME. It received its IRS tax-exempt ruling in 1987. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $38.4M. Annual income is $12M. The organization has received $3M in foundation grants from 40 funders. It has received $2.9M in federal awards from 4 agencies.
Grants Received from Foundations
Foundation grants awarded to Island Institute, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Builders Initiative | $500K | 2024 | to support innovation in the lobster and aquaculture industry in Maine and increase environmental resilience |
| Builders Initiative | $99K | 2024 | to support student mentorship and education in lobstering and fishing and a grantee convening |
| Manton Foundation | $75K | 2024 | FOR THE STORM RECOVERY FUND |
| Whitehead Foundation Inc. | $25K | 2024 | FELLOWSHIP PROGRAM |
| Horizon Foundation Inc. | $15K | 2024 | General Support |
| Bangor Savings Bank Foundation | $10K | 2024 | General operating support |
| Cornerstone Foundation Inc. | $325K | 2023 | SUPPORT CHARITABLE ACTIVITIES |
| Janes Trust Foundation | $150K | 2023 | CLIMATE SOLUTIONS FOR OUR BLUE FUTURE |
| Fletcher Family Foundation | $100K | 2023 | DONATION |
| Cornolia Cogswell Rossi Foundation Inc. | $100K | 2023 | General & Unrestricted |
| William J J Gordon Family Foundation | $20K | 2023 | Lift all boats @ Luke's lobster |
| Otter Island Foundation | $14K | 2023 | ANNUAL FUND CAMPAIGN |
| General E R Quesada Educational | $13K | 2023 | Unrestricted |
| Libra Foundation Owen W Wells Trustee | $10K | 2023 | GENERAL OPERATING SUPPORT |
| Ploughshares Foundation | $10K | 2023 | GENERAL |
| Hickory Foundation | $10K | 2023 | CHARITABLE |
| Rossetter Foundation | $8K | 2023 | GENERAL PURPOSES |
| The Sibley Saltonstall Charitable Foundation | $7K | 2023 | UNRESTRICTED FOR GENERAL |
| Fisher Charitable Foundation | $6K | 2023 | GENERAL OPERATING SUPPORT |
| Snider Foundation | $6K | 2023 | WORKING WATERFRONT ACCESS |
| Kennebec Savings Bank Foundation | $5K | 2023 | Lift All Boats Project |
| Robert And Maurine Rothschild Fund Inc. | $5K | 2023 | General Operating Support |
| Raymond Family Foundation Trust Indenture Agreement | $5K | 2023 | TO SUSTAIN MAINE'S ISLAND AND REMOTE COASTAL COMMUNITIES, AND TO EXCHANGE IDEAS AND EXPERIENCES |
| Devonwood Foundation | $5K | 2023 | GENERAL OPERATING EXPENSES |
| Edward Freitag & Martha Haley Family Foundation 749-74d24 | $3K | 2023 | GENERAL |
| Ausolus Trust | $3K | 2023 | EXEMPT PURPOSE |
| Edward Freitag & Martha Haley Family Foundation 749-74d24 | $3K | 2023 | GENERAL |
| Spellissy Foundation | $3K | 2023 | GENERAL PROGRAM SUPPORT |
| Charles L Read Foundation | $2K | 2023 | PURCHASE OF CAPITAL ITEMSFOR PURCHASE OF CAPITAL ITEMS FOR PURCHASE OF CAPITAL ITEMS |
| Wurster Family Foundation | $2K | 2023 | FOX ISLAND PROGRAMS |
| Maple Grove Foundation | $1K | 2023 | PROGRAM SERVICES |
| Gerrish H Milliken Foundation | $1K | 2023 | GENERAL |
| Middlecott Foundation | $250 | 2023 | GENERAL SUPPORT |
| Judith B Phelan And Richard S Phelan Fam Foundation Inc. | $200 | 2023 | GENERAL PURPOSE |
| Growald Climate Fund Inc. | $200 | 2023 | GENERAL SUPPORT |
| Rjm Stein Fam Foundation Irrv Charitable Trust | $100 | 2023 | TO CONTINUE PROGRAMS & SERVICES |
| The Jebediah Foundation | N/A | 2023 | CONTRIBUTION TO GENERAL |
| The Murray Charitable Trust | N/A | 2023 | organizational support |
| Builders Initiative | $500K | 2022 | to catalyze innovation among Maine's lobster and aquaculture supply chains and build a sustainable blue economy ecosystem that is resilient to climate change and fosters a healthy ocean. |
| Cornolia Cogswell Rossi Foundation Inc. | $151K | 2022 | General & Unrestricted |
| Cornolia Cogswell Rossi Foundation Inc. | $151K | 2022 | General & Unrestricted |
| Janes Trust Foundation | $150K | 2022 | CLIMATE SOLUTIONS FOR OUR BLUE FUTURE |
| Janes Trust Foundation | $150K | 2022 | CLIMATE SOLUTIONS FOR OUR BLUE FUTURE |
| John M Hopwood Charitable Trust 3295 | $75K | 2022 | SPARK! GRANT PROGRAM |
| Fletcher Family Foundation | $50K | 2022 | DONATION |
| Rocking Moon Foundation Inc. | $50K | 2022 | Program Support - Lift All Boats Program |
| Charles G Wright Endowment For Humanity Inc. | $50K | 2022 | TO DONATE FOR GENERAL SUPPORT |
| Fletcher Family Foundation | $50K | 2022 | DONATION |
| Elmina B Sewall Foundation | $35K | 2022 | General Operating Support |
| Elmina B Sewall Foundation | $35K | 2022 | General Operating Support |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Small Business Administration | 1 awards totaling $1,477,000 | $1.5M | 2024 |
| Department of Agriculture | 9 awards totaling $1,320,762 | $1.3M | 2024 |
| Environmental Protection Agency | 1 awards totaling $100,000 | $100K | 2024 |
| National Science Foundation | 1 awards totaling $26,658 | $27K | 2024 |
Frequently Asked Questions
What does Island Institute do?
Island Institute is a nonprofit organization focused on education, based in ROCKLAND, ME. It is classified under IRC Section 501(c)(03).
Who funds Island Institute?
Island Institute has received foundation grants from Builders Initiative, Manton Foundation, Whitehead Foundation Inc., and others. It has also received federal awards from Small Business Administration, Department of Agriculture, Environmental Protection Agency, among others.
What is Island Institute's annual revenue?
Island Institute reports total assets of $38.4M. Annual income is $12M.
Where is Island Institute located?
Island Institute is located in ROCKLAND, ME.
Is Island Institute a 501(c)(3)?
Yes, Island Institute is a 501(c)(3) tax-exempt organization. Its EIN is 22-2786731. Donations to this organization may be tax-deductible.
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