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V O L . X X V I I N O. X X I G I V I N G G U I D E 2 0 2 1 – 2 0 2 2 94 1 Unless otherwise noted. 2 This figure represents total assets while other figures represent fair market value for all assets. 3 Davis Educational Foundation and Davis Family Foundation are related; however, they have separate employer identification numbers and file individual tax returns. 4 Data are from fiscal year 2018. 5 Corporate trustee; foundation is Maine-based. 6 A separate foundation from the Quimby Family Foundation. Data are from fiscal year 2018. N O T E S : Financial data derive from 990 tax filings. Assets represent fair market value of all assets at end of reported year unless otherwise noted. Revenue represents total figure, per books. Contributions paid represents total contributions, gifts and grants paid. N/A=not available. Single-support funders such as University of Maine Foundation and Mercy Hospital Foundation are not included on this list. S O U R C E : Guidestar, by Candid Purchase this list and more as an Excel document at mainebiz.biz/DataCenter @ Maine's top charitable foundations Ranked by assets for fiscal year 2019 1 C O M P I L E D B Y H E I D E M A R T I N C O M P I L E D B Y H E I D E M A R T I N GIVING GUIDE T H E L I S T Maine's top charitable foundations Ranked by assets for fiscal year 2019 1 Assets Contributions paid Revenue Chief executive/ Year founded 1 Harold Alfond Foundation 2 Monument Square, Portland 04101 828-7999, haroldalfondfoundation.org $895,383,391 $47,085,991 $56,069,283 Gregory Powell 1950 2 Maine Community Foundation 245 Main St., Ellsworth 04605 667-9735, mainecf.org $582,360,771 2 $36,011,020 $41,862,877 Sterling Speirn 1983 3 John T. Gorman Foundation One Canal Plaza, Portland 04101 518-6784, jtgfoundation.org $199,740,812 $6,613,493 $2,364 Tony Cipollone 1995 4 Elmina B. Sewall Foundation 15 Main St., Freeport 04032 865-3810, sewallfoundation.org $179,954,153 $9,398,575 $18,080,642 Gabriela Alcalde 1982 5 Libra Foundation 3 Canal Plaza, Portland 04112 879-6280, librafoundation.org $171,699,822 $6,627,353 $435,378 Craig Denekas 1989 6 Maine Health Access Foundation 150 Capitol St., Augusta 04330 620-8266, mehaf.org $125,760,656 $4,553,789 $370,437 Barbara Leonard 1996 7 Davis Educational Foundation 3 30 Forest Falls Drive, Suite 5, Yarmouth 04096 846-9132, davisfoundations.org $111,921,358 $2,509,133 -$305,919 Yvonne Mumme 1985 8 Davis Family Foundation 3 30 Forest Falls Drive, Suite 5, Yarmouth 04096 846-9132, davisfoundations.org $76,068,964 2 $2,294,075 $3,336,320 Yvonne Mumme 1986 9 Bill and Joan Alfond Foundation 4 2 Monument Square, Portland 04101 828-7999 $61,767,718 $4,304,866 $130,352 William Alfond 1986 10 Doree Taylor Charitable Foundation P.O. Box 1802, Providence, RI 02901 866-778-6859, bankofamerica.com 5 $53,486,897 $2,436,965 $871,205 Bank of America, corporate trustee N/A 11 MELMAC Education Foundation 188 Whitten Road, Augusta 04330 622-3066, melmacfoundation.org $45,346,609 $1,867,330 $2,626,841 Wendy Ault 2001 12 Roxanne Quimby Foundation 6 769 Congress St., Portland 04102 963-2022 $38,979,672 $827,684 $1,667,666 Roxanne Quimby 2016 13 Francis T. and Louise T. Nichols Foundation P.O. Box 1210, Bangor 04402 947-0111 $38,329,120 $1,925,000 $2,658,237 Susan Thibault 1995 1 Unless otherwise noted. 2 This figure represents total assets while other figures represent fair market value for all assets. 3 Davis Educational Foundation and Davis Family Foundation are related; however, they have separate employer identification numbers and file individual tax returns. 4 Data are from fiscal year 2018. 5 Corporate trustee; foundation is Maine-based. 6 A separate foundation from the Quimby Family Foundation. Data are from fiscal year 2018. This list was compiled by Heide Martin and published in the September 27, 2021 issue of Mainebiz. SOURCE: Guidestar, by Candid Notes: Financial data derive from 990 tax filings. Assets represent fair market value of all assets at end of reported year unless otherwise noted. Revenue represents total figure, per books. Contributions paid represents total contributions, gifts and grants paid. N/A=not available. Single-support funders such as University of Maine Foundation and Mercy Hospital Foundation are not included on this list.

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