Nonprofits›The Foundation For Maine Community Colleges

Education

The Foundation For Maine Community Colleges

AUGUSTA, ME

WebsiteView as a funder

Total revenue

$981K

Total expenses

$3.7M

Net assets

$5.5M

Grants received

$14.8M

39 grants

EIN

271363414

Tax year

2024

Mission

Provide support and resources for Maine's seven community colleges.

Financials

FY 2024

Revenue

Contributions & grants$474K
Program service revenue$385K
Investment income$122K
Other revenue—
Total revenue$981K

Expenses

Grants paid$3.2M
Salaries & benefits$400K
Fundraising$247K
Other expenses$102K
Total expenses$3.7M
Total assets$6.2M
Net assets$5.5M

People

11 listed

NameRoleCompensation

Dr John Fitzsimmons

President

Board

$149K

40 hrs/wk

Hon John R McKernan Jr

Chair

Board

—

8 hrs/wk

Lisa M Gorman

Vice Chair

Board

—

7 hrs/wk

Hon Daniel E Wathen

Secretary

Board

—

5 hrs/wk

Lawrence A Wold

Treasurer

Board

—

6 hrs/wk

Scott Ballard

Director

Board

—

5 hrs/wk

David Daigler

Director

Board

—

5 hrs/wk

Tony DiSotto

Director

Board

—

5 hrs/wk

Robert Montgomery-Rice

Director

Board

—

5 hrs/wk

Joseph Purington

Director

Board

—

5 hrs/wk

Elaine D Rosen

Director

Board

—

7 hrs/wk

Grants received

Showing 39 of 39

FromAmountPurposeYear
MAINE STATE CREDIT UNION
$95K
SCHOLARSHIPS
2024
Bangor Savings Bank Foundation
$25K
General Operating Support
2024
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$25K
UNRESTRICTED GENERAL SUPPORT
2024
HAROLD ALFOND FOUNDATION
$7.6M
THE CENTER FOR THE ADVANCEMENT OF MAINES WORKFORCE: BUILDING A MORE PROSPEROUS MAINE
2023
Ascendium Education Solutions Inc
$153K
Training Low-Income Workers for Remote Opportunities Travel Grant Rural Summit 2023
2023
MAINE STATE CREDIT UNION
$94K
SCHOLARSHIPS
2023
Bangor Savings Bank Foundation
$50K
General operating support
2023
Brooks Family Foundation
$40K
General Support
2023
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$25K
UNRESTRICTED GENERAL SUPPORT
2023
HAROLD ALFOND FOUNDATION
$2.1M
THE CENTER FOR THE ADVANCEMENT OF MAINES WORKFORCE: BUILDING A MORE PROSPEROUS MAINE
2022
DAVIS FAMILY FOUNDATION
$250K
Maine Connection: Young Men to College and Careers
2022
Ascendium Education Solutions Inc
$161K
Grant, Training Low-Income Workers for Remote Opportunities
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$127K
For grant recipient's exempt purposes
2022
Bangor Savings Bank Foundation
$50K
General Operating Support
2022
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$25K
UNRESTRICTED GENERAL SUPPORT
2022
THE BLACKBAUD GIVING FUND
$25K
GENERAL SUPPORT
2022
Ascendium Education Solutions Inc
$226K
Training Low-Income Workers for Remote Opportuniti
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$137K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$137K
For grant recipient's exempt purposes
2021
Bangor Savings Bank Foundation
$50K
General Operating Support
2021
HAROLD ALFOND FOUNDATION
$1.2M
AN INITIATIVE FOR INNOVATION IN WORKFORCE TRAINING AND DELIVERY AT MAINE'S COMMUNITY COLLEGES
2020
DAVIS FAMILY FOUNDATION
$100K
Central Maine Community College Criminal Justice Simulation Center
2020
Maine Community Foundation Inc
$72K
Vocational & Technical Schools
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$55K
For grant recipient's exempt purposes
2020
Bangor Savings Bank Foundation
$50K
General Operating Support
2020
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$35K
UNRESTRICTED GENERAL SUPPORT
2020
DONOR ADVISED CHARITABLE GIVING INC
$30K
EDUCATION
2020
ECMC FOUNDATION
$10K
General Support
2020
The Bank of America Charitable Foundation Inc
$10K
GENERAL SUPPORT
2020
WR Berkley Corporation Charitable
$5K
General & Unrestricted
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$1.2M
For grant recipient's exempt purposes
2019
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$25K
UNRESTRICTED GENERAL SUPPORT
2019
DONOR ADVISED CHARITABLE GIVING INC
$10K
EDUCATION
2019
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$58K
For grant recipient's exempt purposes
2018
Eastern Maine Healthcare Systems EMMC
$35K
Support of Respiratory Therapy Prog
2018
DONOR ADVISED CHARITABLE GIVING INC
$10K
EDUCATION
2018
WR Berkley Corporation Charitable
$5K
General & Unrestricted
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$500K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
DONOR ADVISED CHARITABLE GIVING INC
$10K
EDUCATION
2017

Funded by

$14.8M from 15 funders · 39 grants · 2017–2024

Harold Alfond Foundation

$10.9M · 3 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$2.2M · 7 grants · 2017–2022

Ascendium Education Solutions Inc

$540K · 3 grants · 2021–2023

Davis Family Foundation

$350K · 2 grants · 2020–2022

Bangor Savings Bank Foundation

$225K · 5 grants · 2020–2024

Maine State Credit Union

$189K · 2 grants · 2023–2024

Morgan Stanley Global Impact Funding Trust Inc

$135K · 5 grants · 2019–2024

Maine Community Foundation Inc

$72K · 1 grant · 2020

Details

EIN271363414
NTEE codeB12
Subsection03
Ruling date2010-05
Formed2009
Employees3
Volunteers10
THE FOUNDATION FOR MAINE COMMUNITY COLLEGES — Mission, Financials & Grants Received | Grantivo