Funder DirectoryMELMAC EDUCATION FOUNDATION
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Private foundation (trust)EIN 010390854Est. 1983-10

MELMAC EDUCATION FOUNDATION

AUGUSTA, ME 043300807

Total Assets

$47.2M

FY 2024

Annual Giving

$1.4M

FY 2024

Grants Made

180

FY 2024

Avg Grant

$8K

FY 2024

Grant Range

$2K–$220K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$223K

Connect aspirations to a plan/boosting readiness for college and career -building an enabling environment for middle, high school and cte students to explore college and career options, set aspirations, and create a formal plan to guide and inform them as they acquire the education and skills needed to succeed beyond high school.implementation grants to schools, ctes, and nonprofit organizations seek to further students' access to, and understanding of, the variety of post-secondary opportunities. These grants strive to increase the number of maine high school graduates who aspire to, and actually do, enroll in post-secondary study.

Program 2

$498K

Support early success in college/promoting post secondary success -improving students' ability to persist and complete post-secondary studies in order to prepare them for satisfying and rewarding careers.scholarships -*tyler/grandmaison scholarship - a $2000 scholarship for one senior from every maine high school, public and private, credited toward the third semester of post-secondary study (in state or out of state). These scholarships are intended to reward college persistence.*cte scholarship - a $2000 scholarship for one senior from every maine cte. The cte scholarship is credited to the second semester of post-secondary study (in state or out of state). These scholarships are intended to reward persistence in a post secondary program.

Program 3

$719K

Aligning education and employment systems -creating alignment between key stakeholders and decision makers in education and employment systems in order to expose students to employment opportunities in maine and to remove barriers to student opportunity and success. Aspire! Community-wide grants are intended to incentivize school districts to develop comprehensive, age appropriate pre-k-16 college and career access programs that, in addition to implementing access programming, includes broad exposure to local businesses through job shadow and internship experiences.grants are provided to nonprofit organizations.

Focus Areas

Public & Societal Benefit

Financial Snapshot

2024 filing

Total Revenue

$1.8M

Total Expenses

$2.2M

Qualifying Distributions

$2.1M

Distributable Amount

$2.3M

Min. Investment Return

$2.3M

Payout rate 92%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.92%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

180 grants

Grant sizes from minimum $2K through median $2K to maximum $220K, 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 $2.0M in 2022. Hover bars for details.

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

Top Recipients

500 grants

GENERATION MAINE
$1.0M
6 grants
JOBS FOR MAINE'S GRADUATES
$679K
6 grants
GEN US
$659K
7 grants
COLLEGE BOARD
$263K
3 grants
EDUCATE MAINE
$190K
5 grants
UNIVERSITY OF MAINE AT AUGUSTA
$52K
3 grants
UNIVERSITY OF MAINE AT FARMINGTON
$50K
2 grants
EASTERN MAINE COMM COLLEGE
$50K
2 grants

Grant Size Distribution

500 grants

<$10K
411
grants
$10–50K
68
grants
$50–250K
20
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

4 states

Maine
$4.8M
94% of total
New York
$263K
5% of total
Nebraska
$16K
0% of total
Massachusetts
$1K
0% of total

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