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Private non-operating foundationEIN 871890262Est. 2022-10

ROSEANUM FOUNDATION INC

PALERMO, ME 043547008

Total Assets

$187K

FY 2024

Annual Giving

FY 2024

Grants Made

0

FY 2024

Avg Grant

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$3K

Work with living soil network to balance the soil in fields. This is the process where we are adding specially formulated compost both in and above ground to balance the fungal to bacterial ratio. This is a multi-step program that is being experimented with to improve the soil for food production.

Program 2

$12K

Greenhouses. The greenhouse setup is a core component of regenerative farming in a northern climate. These require ongoing maintenance both of the physical structure, the irrigation setup, and plant management. This project overlaps greatly with ongoing regenerative practice (for example, we buy seeds for both projects, irrigation is used for both projects, etc.)

Program 3

$2K

Animal care. Regenerative farming generally requires animals on-site. This means year round access to the property, animal feed, and ongoing care. There is an overlap with regenerative farming practice (for instance, both the gardens and the animals need hay.)

Program 4

$27K

Ongoing regenerative farming practice. This includes working with the farm using organic and biodynamic means and a holistic perspective. A regenerative farming approach generally means that animals must be part of the holistic farm vision. Every season, the orchard and food-growing spaces require daily to weekly maintenance, depending on the cycle of the year. In the late winter, seeds are started indoors. Animals are cared for throughout the winter, and snow must be managed. In the spring, growing beds are cleared, prepared for planting, and then planted, either with seed or seedlings started earlier. In summer, the plants need to be tended, watered, weeded, harvested, and pruned. In late summer to fall the plants are harvested, garden spaces are again cleared and cleaned of excess plant matter, and weed cover or a cover crop is planted for the winter. This year, we did a lot of blueberry field maintenance (removing small trees before they get big.)

Financial Snapshot

2024 filing

Total Revenue

$42K

Total Expenses

$99K

Qualifying Distributions

$64K

Min. Investment Return

$5K

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