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
$223KConnect 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
$498KSupport 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
$719KAligning 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
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
Qualifying distributions as a share of distributable amount.
Grant Range
180 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
3 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
500 grants
Grant Size Distribution
500 grants
Geographic Focus
4 states
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