Private Foundation · ME · Private Grantmaking Foundations
Biddeford And Mechanics Savings Charitable Foundation
Auburn, ME · EIN 851674412 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$108K
Total Giving
$560K
Grants on File
108
Average Grant
$5K
Giving Radius
Where Biddeford And Mechanics Savings Charitable Foundation Has Given
Section I
How to Apply
Potential recipient organizations will be identified and examined by the Board of Directors of the Foundation. The Foundation may require written grant proposals from each potential grant recipient. If the Foundation does require a written grant proposal, the grant proposal should specify: - The purposes for which the grant will be used - The applicant's willingness and commitment to abide by any terms applicable to the grant - Documentation of the applicant's exempt status After receipt of the grant funds, the grant recipient may be required to provide annual reports, as well as a final written report, detailing the use of grant funds. Grant terms of agreement may specify the Foundation's right to withhold and/or recover grant funds in case such funds are, or appear to be, misused. Applicants may also submit direct grant requests to the Foundation online at: https://www.mechanicssavings.com/community/
On Unsolicited Proposals yes
Restrictions
All recipient organizations are required to be Section 501(c)(3) organizations. The Foundation places particular emphasis on Maine-based organizations operating in Androscoggin, Cumberland, and York Counties, and intends to make grants to such organizations for the purposes of developing and improving local communities. Without limitation, the Foundation anticipates making grants to support public education, community recreational activities and facilities, local library services, and services benefitting poor and underprivileged populations. The Foundation will restrict the use of any grants made to a grantee organization to further the charitable purpose of the Foundation. Grant recipients may be subject to providing periodic reports back to the Foundation detailing how grant funds were expended in furtherance of approved exempt purposes.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Auburn, ME | $2K | 2020 |
| Biddeford, ME | $2K | 2020 |
| Lewiston, ME | $2K | 2020 |
| Biddeford, ME | $2K | 2020 |
| Scarborough, ME | $2K | 2020 |
| Scarborough, ME | $500 | 2020 |
| Portland, ME | $2K | 2020 |
| Biddeford, ME | $2K | 2020 |
| East Waterboro, ME | $1K | 2020 |
| Kennebunk, ME | $2K | 2020 |
| Westbrook, ME | $2K | 2020 |
| South Portland, ME | $5K | 2020 |
| Saco, ME | $2K | 2020 |
| Alexandria, VA | $1K | 2020 |
| Biddeford, ME | $2K | 2020 |
| Biddeford, ME | $2K | 2020 |
| Auburn, ME | $2K | 2020 |
| Windham, ME | $2K | 2020 |
| Kennebunk, ME | $4K | 2020 |
| Scarborough, ME | $2K | 2020 |
| Auburn, ME | $7K | 2020 |
| Topsham, ME | $2K | 2020 |
| Portland, ME | $2K | 2020 |
| Brunswick, ME | $2K | 2020 |
| Biddeford, ME | $5K | 2020 |
Page 1 of 5 · 108 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 | $269K | $16K | $12K | $143K |
| 2022 | $375K | $11K | $403K | $122K |
| 2021 | $298K | $17K | $15K | $194K |
| 2020 | $407K | $2K | $830K | $118K |
Section VII
Foundations Like This One
Similar in focus area, location, and asset size. Worth researching as part of the same campaign.