Nonprofits›Foundation For A Strong Maine Economy

Community Improvement & Capacity Building

Foundation For A Strong Maine Economy

AUGUSTA, ME

WebsiteView as a funder

Total revenue

$3.6M

Total expenses

$3.3M

Net assets

$731K

Grants received

$6.6M

27 grants

EIN

300036992

Tax year

2024

Mission

Support and strengthen maine economy through research, education, and communication.

Financials

FY 2024

Revenue

Contributions & grants$3.5M
Program service revenue—
Investment income$77K
Other revenue—
Total revenue$3.6M

Expenses

Grants paid$2.1M
Salaries & benefits$669K
Fundraising$88K
Other expenses$448K
Total expenses$3.3M
Total assets$2.2M
Net assets$731K

People

12 listed

NameRoleCompensation

ANDREA MAKER

PRESIDENT, CO-CHAIR & CO-FOUNDER

Board

$192K

40 hrs/wk

JOHN FITZSIMMONS

SECRETARY

Board

—

1 hrs/wk

AMANDA RECTOR BLAZEK

MEMBER

Board

—

1 hrs/wk

DANA CONNORS

MEMBER

Board

—

1 hrs/wk

JAY DEARBORN

MEMBER

Board

—

1 hrs/wk

MICHAEL DUBYAK

MEMBER

Board

—

1 hrs/wk

JOAN FERRINI-MUNDY

MEMBER

Board

—

1 hrs/wk

ED MCKERSIE

MEMBER

Board

—

1 hrs/wk

KRISTEN MIALE

MEMBER

Board

—

1 hrs/wk

PATRICK WOODCOCK

MEMBER

Board

—

1 hrs/wk

MICHAEL BOURQUE

TREASURER

Board

—

1 hrs/wk

LEO WATERSTON

PROGRAM DIRECTOR

Staff

$139K

40 hrs/wk

Independent contractors

STAISH KUMAR TADIKONDA

LIFE SCIENCE BUSINESS RECRUITMENT

$162K

Grants received

Showing 27 of 27

FromAmountPurposeYear
THE JACKSON LABORATORY
$16K
GENERAL SUPPORT
2024
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$65K
For grant recipient's exempt purposes
2023
MaineHealth
$25K
Contribution
2023
SAM L COHEN FOUNDATION
$20K
OPERATING SUPPORT FOR FOCUSMAINE
2023
AMERICAN ONLINE GIVING FOUNDATION INC
$20K
GENERAL SUPPORT
2023
Machias Savings Bank Community
$15K
Program Support Grant
2023
DONOR ADVISED CHARITABLE GIVING INC
$10K
PUBLIC, SOCIETAL BENEFIT
2023
HAROLD ALFOND FOUNDATION
$4.3M
FOCUSMAINE SUPPORT - CATALYZING JOBS WHERE MAINES ASSETS MEET GLOBAL TRENDS
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$53K
For grant recipient's exempt purposes
2022
POINT32HEALTH FOUNDATION INC
$50K
PROMOTE DIVERSITY ME FOOD PROGRAMS
2022
THE BLACKBAUD GIVING FUND
$25K
GENERAL SUPPORT
2022
Elmina B Sewall Foundation
$25K
General Operating Support
2022
Machias Savings Bank Community
$15K
Program Support Grant
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$55K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$55K
For grant recipient's exempt purposes
2021
NORTHEASTERN UNIVERSITY
$47K
SUB-AWARD
2021
HAROLD ALFOND FOUNDATION
$1.3M
FOCUSMAINE SUPPORT
2020
HARVARD PILGRIM HEALTH CARE FOUNDATION INC
$50K
ECONOMIC SERVICES SUPPORT
2020
Elmina B Sewall Foundation
$50K
General operating support
2020
MaineHealth
$25K
Pgrm Support
2020
Machias Savings Bank Community
$5K
Facilities Grant
2020
THE CASCO FOUNDATION
$3K
In support of business innovation.
2020
Maine Technology Institute
$140K
FocusMaine: Investing in Maine's Economy in High Growth Industries
2019
MaineHealth
$25K
Program Support
2019
Maine Technology Institute
$18K
Enabling Accelerated Growth of Maine's Aquaculture Cluster
2018
Machias Savings Bank Community
$10K
Program Support Grant
2018
Maine Technology Institute
$158K
Enabling Accelerated Growth of Maine's Aquaculture Cluster
2017

Funded by

$6.6M from 15 funders · 27 grants · 2017–2024

Harold Alfond Foundation

$5.6M · 2 grants · 2020–2022

Maine Technology Institute

$316K · 3 grants · 2017–2019

Fidelity Investments Charitable Gift Fund

$228K · 4 grants · 2021–2023

Elmina B Sewall Foundation

$75K · 2 grants · 2020–2022

MaineHealth

$75K · 3 grants · 2019–2023

Point32Health Foundation Inc

$50K · 1 grant · 2022

Northeastern University

$47K · 1 grant · 2021

Details

EIN300036992
NTEE codeS30
Subsection03
Ruling date2014-08
Formed2002
Employees6
Volunteers15
FOUNDATION FOR A STRONG MAINE ECONOMY — Mission, Financials & Grants Received | Grantivo