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Maine · Private foundation

Granite Point Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$780k
Granted FY2024(still arriving)
20
Grants FY2024
13
Organizations funded FY2023
46%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$5,000
Largest grant, FY2024
$350,000
Organizations funded a year
4 to 23
FY2017 to FY2023
States reached, FY2024
3
Total assets, FY2024
$3.9M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 46% of the organizations Granite Point Foundation funded were first-time grantees, receiving 20% of its grant dollars.

New vs renewed · share of each year

In FY2023, 80% of grant dollars renewed an existing relationship; $51k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
EducationArts & CultureFood & NutritionHealthHuman ServicesPhilanthropyOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving20$780k20%
FY202313$253k46%
FY20226$161k33%
FY20215$151k0%
FY202013$206k38%
FY20194$41k50%
FY201821$64k10%
FY201723$42kn/a
98% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$758kArts & Culture$345kEnvironment$323kFood & Nutrition$60kHealth$51kHousing & Shelter$45kHuman Services$34kRecreation & Sports$33kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 40 grantees
All grantees of Granite Point Foundation by total granted
GranteeTotal grantedYearsShare of their budget
Williams College$750,00050%
Mystic Seaport Museum Inc$250,00011%
Friends of Casco Bay$134,00072%
Maine Island Trail Association$125,50073%
Royal River Community Players$53,000228%
Good Shepherd Food Bank$45,00030%
Preble Street$45,00030%
Cape Elizabeth Land Trust$29,50031%
Gulf of Maine Research Institute$20,50060%
Friends of Mvyradio Inc$20,00020%
Coastwise Incorporated$15,0001n/a
South Portland Food Cupboard$15,00021%
Maine Public Broadcasting Corporation$10,00020%
Maine Sports Hall of Fame$10,00029%
Christopher's Challenge Inc$10,000128%
United Way of Tri Vally Area$10,00012%
Sail Maine$8,50030%
Bicycle Coalition of Maine$8,00041%
Maine Coast Heritage Trust$8,00040%
Island Institute$7,00030%
Friends of Pearys Eagle Island Ltd$6,5003n/a
Project Citizenship Inc$5,00010%
Ripple Effect Project$5,00017%
Project Grace$5,0001n/a
Susquehanna University$5,00010%
Natural Resources Council of Maine Inc$4,00030%
Woodfords Family Services$3,00020%
Titcomb Ski Educational Foundation$3,00024%
Portland Stage Company$2,50030%
President and Trustees of Bates College$2,25030%
North Atlantic Figure Skating Club$2,00020%
Southern Maine Agency on Aging$2,00020%
Friends of the St Lawrence Church$1,50021%
Maine Boys to Men$1,00010%
Rippleffect Inc$1,00010%
Franklin County Childrens Task Force Inc$1,00010%
Thomas Memorial Library Foundation$1,0002n/a
Best Buddies International Inc$1,00010%
Maine Maritime Museum$50010%
Maine Irish Heritage Center$50010%

What it could do for these grantees

Plus 4 recipients with no EIN on record ($72k), not named here.

Where it is load-bearing

Granite Point Foundation supplied at least a quarter of the budget for 2 of its grantees at some point. The chart plots its 36 largest grantees; load-bearing ones sit top left.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetWilliams College: $750,000 over 5y, 0.1% of budgetMystic Seaport Museum Inc: $250,000 over 1y, 1.0% of budgetFriends of Casco Bay: $134,000 over 7y, 2.3% of budgetMaine Island Trail Association: $125,500 over 7y, 3.1% of budgetRoyal River Community Players: $53,000 over 2y, 28% of budgetGood Shepherd Food Bank: $45,000 over 3y, 0.0% of budgetPreble Street: $45,000 over 3y, 0.1% of budgetCape Elizabeth Land Trust: $29,500 over 3y, 1.3% of budgetGulf of Maine Research Institute: $20,500 over 6y, 0.0% of budgetFriends of Mvyradio Inc: $20,000 over 2y, 0.4% of budgetSouth Portland Food Cupboard: $15,000 over 2y, 0.5% of budgetMaine Public Broadcasting Corporation: $10,000 over 2y, 0.0% of budgetMaine Sports Hall of Fame: $10,000 over 2y, 9.1% of budgetChristopher's Challenge Inc: $10,000 over 1y, 28% of budgetUnited Way of Tri Vally Area: $10,000 over 1y, 2.4% of budgetSail Maine: $8,500 over 3y, 0.4% of budgetBicycle Coalition of Maine: $8,000 over 4y, 1.0% of budgetMaine Coast Heritage Trust: $8,000 over 4y, 0.0% of budgetIsland Institute: $7,000 over 3y, 0.1% of budgetProject Citizenship Inc: $5,000 over 1y, 0.4% of budgetRipple Effect Project: $5,000 over 1y, 6.6% of budgetSusquehanna University: $5,000 over 1y, 0.0% of budgetNatural Resources Council of Maine Inc: $4,000 over 3y, 0.1% of budgetWoodfords Family Services: $3,000 over 2y, 0.0% of budgetTitcomb Ski Educational Foundation: $3,000 over 2y, 3.9% of budgetPortland Stage Company: $2,500 over 3y, 0.0% of budgetPresident and Trustees of Bates College: $2,250 over 3y, 0.0% of budgetNorth Atlantic Figure Skating Club: $2,000 over 2y, 0.5% of budgetSouthern Maine Agency on Aging: $2,000 over 2y, 0.0% of budgetFriends of the St Lawrence Church: $1,500 over 2y, 0.5% of budgetMaine Boys to Men: $1,000 over 1y, 0.3% of budgetRippleffect Inc: $1,000 over 1y, 0.1% of budgetFranklin County Childrens Task Force Inc: $1,000 over 1y, 0.1% of budgetBest Buddies International Inc: $1,000 over 1y, 0.0% of budgetMaine Maritime Museum: $500 over 1y, 0.0% of budgetMaine Irish Heritage Center: $500 over 1y, 0.3% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 36.

Nonprofits that may fit its grantmaking

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 tightly interlocked group: most of these funders back each other's grantees too.

Maine Community Foundation IncME36.7× affinity17 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Maine Community Foundation Inc · Sam L Cohen Foundation · Davis Family Foundation · Simmons Foundation - PerkinsThompson · Saco & Biddeford Savings Charitable Foundation · The Redmond Family Foundation · Phineas W Sprague Memorial Foundation · Albert B Glickman Family Foundation · The Widgeon Point Charitable Foundation · Fisher Charitable Foundation · The Miley Foundation · Block Island Maritime Funding Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Granite Point Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Granite Point Foundation?

Find your warmest path to Granite Point Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Granite Point Foundation

How much does Granite Point Foundation give?
Granite Point Foundation reported 20 grants totaling $780,000 in its FY2024 IRS filing. It funded between 4 and 23 organizations a year over FY2017 to FY2023.
What does Granite Point Foundation fund?
By grant dollars over FY2017 to FY2024, its largest causes are Education (45%), Arts & Culture (20%), Environment (19%).
Who are Granite Point Foundation's largest grantees?
By total granted over FY2017 to FY2024: Williams College ($750k), Mystic Seaport Museum Inc ($250k), Friends of Casco Bay ($134k).
Does Granite Point Foundation fund new organizations?
In FY2023, 46% of the organizations it funded were first-time grantees.
Does Granite Point Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Granite Point Foundation?
Its strongest co-funders, measured against what their size predicts, include Maine Community Foundation Inc, Sam L Cohen Foundation, Davis Family Foundation.
Where is Granite Point Foundation based?
Granite Point Foundation is based in ME.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 44 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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