Foundation For A Strong Maine Economy

EIN: 300036992

Accepts Applications

Total Assets

$2.2M

Key Financial Metrics (2024)

Total Giving

$2.1M

Number of Grants

Median Grant

$10K

Grant Range

$7K - $868K

Historical Giving Trends

Year	Assets	Total Giving	# Grants	Median Grant
2024	$2.2M	$2.1M	18	$10K
2023	$5.2M	$1.3M	4	$267K

Recent Grant Recipients

MAINE AQUACULTURE ASSOCIATION

AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN MAINE AQUACULTURE PROGRAMS

• 2023

$188K

MAINE CENTER FOR ENTREPENEURS

AWARD TO INVEST IN BUSINESS ACCELERATION PROGRAMS DELIVERED BY MAINE CENTER FOR ENTREPRENEURS TO MAINE FOOD, BIOSCIENCE AND FOOD TECH COMPANIES

• 2023

$868K

COASTAL ENTERPRISES INC

AWARD TO COASTAL ENTERPRISES, INC TO INVEST IN BUSINESS GROWTH AND EXPANSION OF MAINE FOOD COMPANIES

• 2023

$382K

NEW ENGLAND OCEAN CLUSTER LLC

AWARD TO NEW ENGLAND OCEAN CLUSTER TO ATTRACT AND PROVIDE BUSINESS SUPPORT TO COMPANIES STARTING OPERATIONS IN MAINE

• 2023

$33K

EDUCATE MAINE

AWARD TO EDUCATE MAINE TO INVEST IN PROVIDING EXPERIENTIAL PROGRAMS TO ATTRACT YOUNG PROFESSIONALS TO PURSUE CAREERS IN MAINE

• 2023

$360K

BIOME

AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN BIOME PROGRAMS

• 2023

$7K

LIVE WORK MAINE

AWARD TO LIVE WORK MAINE TO BUILD TOOLS TO GROW THE WORKFORCE FOR MAINE FOOD COMPANIES

• 2023

$100K

NORTHEASTERN UNIVERSITY

AWARD TO NORTHEASTERN UNIVERSITY TO SUPPORT THE DEVELOPMENT OF A LIFE SCIENCE PROFESSIONAL NETWORK AND ASSET MAP

• 2023

$42K

THIRD SECTOR

AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN THIRD SECTOR PROGRAMS

• 2023

$14K

OCEAN APPROVED INC DBA ATLANTIC SEA FARMS

AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN ATLANTIC SEA FARMS

• 2023

$10K

Quick Facts

Location

Maine

Return Type

990

Most Recent Filing

2024

Annual Expenses

$3.5M

Giving Rate

94.7% of assets

Application Policy

Accepts Applications

Yes - Open to Applications