Private Foundation · ME · Private Grantmaking Foundations
Atlantic Federal Credit Union Foundation
S Portland, ME · EIN 862316892 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$2.6M
Total Giving
$389K
Grants on File
180
Average Grant
$2K
Giving Radius
Where Atlantic Federal Credit Union Foundation Has Given
Section I
How to Apply
Applications for grants and scholarships should be submitted through Atlantic Federal Credit Union website: - https://www.atlanticfcu.com/about/community.html - https://www.atlanticfcu.com/about/scholarships.html
On Unsolicited Proposals yes
Restrictions
Applicants must meet the following requirements to be considered for the $10,000, $5,000, $2,500, $1,500 or $1,000 scholarships. 1. A member of Atlantic Federal Credit Union and graduating high school senior in Androscoggin, Cumberland, Sagadahoc or York County. 2. A primary account member with an open account at Atlantic Federal Credit Union. 3. Will be enrolled in an undergraduate program at chosen college or vocational school with a minimum of 6 credit hours per semester for fall 2023. 4. Submit a completed application with a 350 to 400 word essay; a resume that detail community involvement, extra curricular activities and demonstrates leadership abilities; a high school transcript and a reference letter from a teacher, counselor, mentor or employer.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Scarborough, ME | $500 | 2021 |
| Sanford, ME | $100 | 2021 |
| Portland, ME | $100 | 2021 |
| Cumberland, ME | $250 | 2021 |
| Freeport, ME | $300 | 2021 |
| Biddeford, ME | $250 | 2021 |
| Brunswick, ME | $500 | 2021 |
| Sanford, ME | $250 | 2021 |
| Saco, ME | $150 | 2021 |
| Psringvale, ME | $500 | 2021 |
| Springvale, ME | $200 | 2021 |
| Old Orchard Beach, ME | $250 | 2021 |
| Saco, ME | $500 | 2021 |
| Saco, ME | $250 | 2021 |
| Saco, ME | $250 | 2021 |
| Brunswick, ME | $275 | 2021 |
| Brunswick, ME | $100 | 2021 |
| Gray, ME | $200 | 2021 |
| Hamilton, NY | $2K | 2021 |
| North Berwidk, ME | $25 | 2021 |
| Cumberland, ME | $500 | 2021 |
| York, ME | $350 | 2021 |
| Alfred Me, ME | $250 | 2021 |
| Portland, ME | $24K | 2021 |
| Sanford, ME | $250 | 2021 |
Page 1 of 8 · 180 total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $2.6M | $122K | $525K | $181K |
| 2022 | $2.1M | $106K | $269K | $197K |
| 2021 | $2.0M | $18K | $2.0M | $42K |
Section VII
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