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Private foundation (trust)EIN 862316892Est. 2022-06

ATLANTIC FEDERAL CREDIT UNION FOUNDATION

SOUTH PORTLAND, ME 04106

Accepts unsolicited proposals
Draft an application for ATLANTIC FEDERAL CREDIT UNION FOUNDATION

Total Assets

$2.6M

FY 2024

Annual Giving

$179K

FY 2024

Grants Made

94

FY 2024

Avg Grant

$2K

FY 2024

Grant Range

$50–$68K

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

The atlantic federal credit union foundation awards scholarships and grants to individuals residing in, and 501(c)(3) organizations serving and operating in communities serviced by the atlantic regional federal credit union.

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$193K

Total Expenses

$208K

Qualifying Distributions

$180K

Distributable Amount

$126K

Min. Investment Return

$129K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

94 grants

Grant sizes from minimum $50 through median $500 to maximum $68K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2022 to 2024. Peak $191K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

241 grants

MAINE CREDIT UNIONS' CAMPAIGN FOR ENDING HUNGER
$155K
2 grants
ME CREDIT UNION CAMPAIGN FOR ENDING HUNGER
$77K
1 grant
PROSPERITYME
$31K
3 grants
MAINE FEDERATION OF FARMERS' MARKERS
$18K
1 grant
AVESTA HOUSING DEVELOPMENT CORP
$16K
1 grant
SANFORD SCHOOLS LEGACY FOUNDATION
$12K
1 grant
MIDCOAST YOUTH CENTER
$11K
1 grant
MY PLACE TEEN CENTER
$11K
1 grant

Grant Size Distribution

241 grants

<$10K
231
grants
$10–50K
7
grants
$50–250K
3
grants
$250K–1M—
$1–5M—
$5M+—

Geographic Focus

9 states

Maine
$487K
94% of total
Massachusetts
$10K
2% of total
New Hampshire
$9K
2% of total
Pennsylvania
$6K
1% of total
Tennessee
$3K
0% of total
Michigan
$3K
0% of total
Connecticut
$2K
0% of total
New York
$750
0% of total
Florida
$500
0% of total

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