Private non-operating foundationEIN 271567070Est. 2011-04
THE PRESUMPSCOT FOUNDATION
FREEPORT, ME 040326413
Total Assets
$1.6M
FY 2023
Annual Giving
$1K
FY 2023
Grants Made
1
FY 2023
Avg Grant
$1K
FY 2023
Grant Range
$1K–$1K
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$93KThe purposes of the Foundation are to acquire maintain and retain real property and related personal property in Maine for the purposes of protecting its natural scenic and open space values preserving open space for the benefit of the public and the environment and engage in historic preservation. In 2023 the primary project of the Foundation was to maintain Halfway Rock Lighthouse. This lighthouse is perched midway across the mouth of Casco Bay on a barren ledge of two acres. It is a remote wave-swept beacon nearly inaccessible and totally exposed to the ravages of nature. Built in 1871 to guide mariners approaching Portland Harbor the lighthouse was staged until it was automated in 1976. Thereafter maintenance was limited to the bare essentials required to keep the light and foghorn functioning. It was declared surplus government property in 2014. Due to the lighthouses tremendous historic significance the Foundation acquired and restored it.
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$205K
Total Expenses
$100K
Qualifying Distributions
$186K
Min. Investment Return
$524
Giving Over Time
2 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
2 grants
Grant Size Distribution
2 grants
Geographic Focus
1 states
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