· Public charity
Foundation for a Strong Maine Economy
Focusmaine propels the growth of maine's most promising industries and transforms maine into a hub for top talent.
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Where the money goes
Grants by size, and the largest recipients.
How this is measured
By grant size · FY2024
- $10k–50k1 grant · $28k
- $50k–250k3 grants · $403k
- $250k+3 grants · $1.5M
| Recipient | Amount |
|---|---|
| MAINE CENTER FOR ENTREPRENEURS | $762,947 |
| EDUCATE MAINE | $375,846 |
| COASTAL ENTERPRISES INC | $351,121 |
| MAINE AQUACULTURE ASSOCIATION | $215,870 |
| NORTHEASTERN UNIVERSITY | $123,848 |
| NEW ENGLAND OCEAN CLUSTER LLC | $63,768 |
| THIRD SECTOR NEW ENGLAND INC | $28,180 |
Does the money reach high-need areas?
Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.
Dollar for dollar, its grants (FY17–24) land where the poverty rate runs at 8%, against an area that typically sits at 7%. 35% of its dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.
How this is measured
How this is measured
Who it funds again
Organizations funded in more than one year, against those funded once.
Grantees it renews have grown median revenue +57% since the first grant, against -30% for those funded once.
14 repeat relationships: 7 still active in FY2024, 7 since wound down.
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
Backed again, and grew
- MCMAINE CENTER FOR ENTERPRISE DEVELOPMENT DBA MAINE CENTER FOR ENTREPRENEURS8× · 2017–2024 · $4.2M · revenue +412% · 84% of their budget
- CECOASTAL ENTERPRISES INC7× · 2017–2024 · $2.2M · revenue +60%
- EMEducate Maine7× · 2018–2024 · $1.6M · revenue +200%
Funded once
- ASAVIGO SOLUTIONSone grant, 2020 · $108k
- LWLIVE WORK MAINE INCone grant, 2023 · $100k · revenue -30%
- LCLINKEDIN CORPORATIONone grant, 2018 · $25k
How this is measured
Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.
Closest unfunded matches
The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.
The mission of the Maine Development Foundation is to foster sustainable, long-term economic growth for Maine. Its programs stimulate new ideas, help develop Maine's leaders, and provide common ground for solving problems and advancing…
The manufacturers association of maine is dedicated to promoting and strengthening manufacturing in maine as an informative voice for the state's manufacturing community.
Maine MEP's mission is to facilitate economic development by providing the necessary services to Maine's small and medium sized manufacturing enterprises (SMES) to enable them to be resilient and thrive in the ever-changing market…
To strengthen the competitive position on the development and commercialization of new marketable species of finfish, shellfish, and sea vegetables by developing technology to lower industry cost and provide education.
Connecting people, training and employment
Enhance the business climate, the quality of life, and economic wellbeing of the businesses and people of maine
The maine environmental education association enhances and amplifies the efforts of individuals and organizations building environmental awareness, appreciation, understanding and action in maine.
To support maine physicians, advance the quality of medicine in maine, and promote the health of all maine people.
The Eastern Maine Conservation Initiative (EMCI) is a non-profit organization with broad conservation interests that seeks to: 1) Foster environmentally sustainable communities of the eastern Maine coast; 2) Encourage an appreciation of…
To serve the northern Maine region with effective regional community planning and economic development.
Focusmaine propels the growth of maine's most promising industries and transforms maine into a hub for top talent.
How this is measured
10 grantees tracked through their own filings, 2017–2025.
Each grant beside the grantee’s revenue from every source, year by year.
How this is measured
Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 10 of the 29 grantees resolved in that span have returns of their own we could reconcile.
Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.
Where the money sits, by cause and then by grantee
Each grantee by its size and the funder’s share of it; top left is load-bearing
Grantee by grantee: a decade per organization, before and after funding
A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.
- Who funds MAINE CENTER FOR ENTERPRISE DEVELOPMENT DBA MAINE CENTER FOR ENTREPRENEURS ↗
- Who funds COASTAL ENTERPRISES INC ↗
- Who funds Educate Maine ↗
- Who funds MAINE AQUACULTURE ASSOCIATION ↗
- Who funds GULF OF MAINE RESEARCH INSTITUTE ↗
- Who funds Maine & Company ↗
- Who funds NORTHEASTERN UNIVERSITY ↗
- Who funds LIVE WORK MAINE INC ↗
- Who funds Biotechnology Association of Maine Bioscience Association of Maine ↗
- Who funds THIRD SECTOR NEW ENGLAND INC ↗
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.
Open a dossier: Maine Technology Institute
How this is measured
How much its grantees rely on government
Each dot is one organization Foundation for a Strong Maine Economy funds: left to right is the share of its income from government, bottom to top the share from Foundation for a Strong Maine Economy. Bigger dots raise more.
- Northeastern University: 7% of income from government
- Third Sector New England Inc: 3% of income from government
How this is measured
Play a game based on Foundation for a Strong Maine Economy’s filings →