AUGUSTA, ME

Maine Development Foundation

Quick Facts

EIN
01-0355563
Location
AUGUSTA, ME
Category
Community Development
NTEE Code
S30Z
Total Assets
$970K
Annual Income
$3M
Annual Revenue
$3M
IRS Ruling Year
1978
Tax Subsection
501(c)(03)

About This Organization

Maine Development Foundation is a nonprofit organization based in AUGUSTA, ME. It received its IRS tax-exempt ruling in 1978. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $970K. Annual income is $3M. The organization has received $1.1M in foundation grants from 11 funders. It has received $7.5M in federal awards from 5 agencies.

Grants Received from Foundations

Foundation grants awarded to Maine Development Foundation, based on IRS 990-PF filings.

FunderAmountYearPurpose
Leonard C & Mildred F Ferguson Foundation$30K2023Support for Community Coordinator Position for Gazetteer Action Plan
Leonard C & Mildred F Ferguson Foundation$30K2023Support for Community Coordinator Position for Gazetteer Action Plan
Machias Savings Bank Community Development Foundation$3K2023Program Support Grant
Maine Health Access Foundation Inc.$2K2023Centering Health and Prosperity in Maines Economy
Reny Charitable Foundation Trust Ua 010193 Gr Robert H & Carolyn D Reny$2K2023DOWNTOWN CENTER
Saco & Biddeford Savings Charitable Foundation$1K2023General Operating Support
Elmina B Sewall Foundation$245K2022General Operating Support
Elmina B Sewall Foundation$245K2022General Operating Support
Avangrid Foundation Inc.$100K2022TRAINING, RESEARCH & HIGHER EDUCATION
F B Heron Foundation$40K2022General Support
John T Gorman Foundation$20K2022To support the Policy Leaders Academy, a non-partisan educational program for Maine Legislators
John T Gorman Foundation$20K2022To support the Policy Leaders Academy, a non-partisan educational program for Maine Legislators
Maine Health Access Foundation Inc.$10K2022Policy Leaders Academy
Maine Health Access Foundation Inc.$10K2022Policy Leaders Academy
F B Heron Foundation$40K2021General Support
F B Heron Foundation$40K2021General Support
F B Heron Foundation$40K2021General Support
Leonard C & Mildred F Ferguson Foundation$30K2021Community Coordinator Position for Gazetteer Action Plan
Elmina B Sewall Foundation$80K2020$50,000 Katahdin Collaborative; $30,000 general support
Avangrid Foundation Inc.$50K2020TRAINING, RESEARCH & HIGHER EDUCATION
Onion Foundation$20K2020General Purpose
Maine Health Access Foundation Inc.$10K2020Policy Leaders Academy program, which provides information to ME legislators about the ME economy
Franklin Savings Bank Community Development Foundation$5002020General Operating Support

Federal Awards Received

Federal grants and cooperative agreements from USAspending.gov.

AgencyProgramAmountYear
Department of the Interior6 awards totaling $4,500,000$4.5M2025
Department of Commerce2 awards totaling $1,158,357$1.2M2025
Department of Labor2 awards totaling $1,070,000$1.1M2025
Small Business Administration1 awards totaling $747,000$747K2025
National Science Foundation1 awards totaling $46,076$46K2025

Frequently Asked Questions

What does Maine Development Foundation do?

Maine Development Foundation is a nonprofit organization focused on community development, based in AUGUSTA, ME. It is classified under IRC Section 501(c)(03).

Who funds Maine Development Foundation?

Maine Development Foundation has received foundation grants from Leonard C & Mildred F Ferguson Foundation, Machias Savings Bank Community Development Foundation, Maine Health Access Foundation Inc., and others. It has also received federal awards from Department of the Interior, Department of Commerce, Department of Labor, among others.

What is Maine Development Foundation's annual revenue?

Maine Development Foundation reports total assets of $970K. Annual income is $3M.

Where is Maine Development Foundation located?

Maine Development Foundation is located in AUGUSTA, ME.

Is Maine Development Foundation a 501(c)(3)?

Yes, Maine Development Foundation is a 501(c)(3) tax-exempt organization. Its EIN is 01-0355563. Donations to this organization may be tax-deductible.

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