Funder DirectoryBangor Savings Bank Foundation
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Private foundation (trust)EIN 043353896Est. 1997-09

Bangor Savings Bank Foundation

Bangor, ME 044020930

Accepts unsolicited proposals

Total Assets

$9.3M

FY 2024

Annual Giving

$1.2M

FY 2024

Grants Made

156

FY 2024

Avg Grant

$7K

FY 2024

Grant Range

$1K–$50K

Typical

Deadlines

Applications are due by January 1, Apr…

Applications

Focus Areas

Corporate Foundations

Financial Snapshot

2024 filing

Total Revenue

$834K

Total Expenses

$1.2M

Qualifying Distributions

$1.2M

Distributable Amount

$473K

Min. Investment Return

$479K

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

156 grants

Grant sizes from minimum $1K through median $5K to maximum $50K, 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

4 years

Giving over time from 2021 to 2024. Peak $1.4M in 2022. Hover bars for details.

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

Top Recipients

500 grants

Husson University
$300K
3 grants
LifeFlight Foundation
$200K
4 grants
MaineHealth
$200K
4 grants
Bangor Region YMCA
$200K
4 grants
The Foundation for Maine Community Colleges
$175K
4 grants
Friends of Katahdin Woods and Waters
$150K
3 grants
Maine Public Broadcasting Corporation
$150K
3 grants
Heart of Maine United Way
$127K
3 grants

Grant Size Distribution

500 grants

<$10K
422
grants
$10–50K
75
grants
$50–250K
3
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

8 states

Maine
$4.0M
88% of total
New Hampshire
$422K
9% of total
Massachusetts
$56K
1% of total
Connecticut
$25K
1% of total
Virginia
$8K
0% of total
Georgia
$6K
0% of total
Colorado
$6K
0% of total
Vermont
$5K
0% of total

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Bangor Savings Bank Foundation — Grants, Financials & Contact | Grantivo