Funder DirectoryMaine Development Foundation
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Grantmaking public charityEIN 010355563

Maine Development Foundation

Augusta, ME 04332

Total Assets

$970K

FY 2024

Annual Giving

$543K

FY 2024

Grants Made

15

FY 2024

Avg Grant

$36K

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$409K

Leadership Programs consist of a powerful, nine-month, outward journey that takes a leader beyond their day-to-day experience and expands their capacity to shape our state's future. The Leadership curriculum is designed for leaders from all sectors. Each Leadership class is given real-life challenges to address. Participants work in teams to address the assigned issue, connect with key stakeholders, organizations and groups, and develop a solution-oriented path with the goal of improving the economy.

Program 2

$459K

The Forest Economy Project was launched in summer 2016 to support industry, community, and research leaders to develop and implement recommendations to strengthen and diversify Maine's forest industry and rural economies, supported initially by a 3-year federal Economic Development Administration grant to assist with supporting, coordinating, and reporting on Maine's forest economy recovery and revitalization effort.

Focus Areas

Community Improvement & Capacity Building

Financial Snapshot

2024 filing

Total Revenue

$3.0M

Total Expenses

$3.0M

Giving Over Time

6 years

Giving over time from 2018 to 2024. Peak $798K in 2023. Hover bars for details.

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

Top Recipients

60 grants

Town of Madison Maine
$430K
3 grants
60 Lowell Street LLC
$249K
3 grants
Johnson Hall Inc
$244K
3 grants
Town of East Millinocket Maine
$240K
4 grants
$236K
3 grants
Town of Lincoln Maine
$184K
3 grants

Grant Size Distribution

60 grants

<$10K
15
grants
$10–50K
23
grants
$50–250K
21
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

1 states

Maine
$3.2M
100% of total

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Maine Development Foundation — Grants, Financials & Contact | Grantivo