Maine · Public charity
Maine Development Foundation
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 important issues.
- $557k
- Granted FY2024(still arriving)
- 15
- Itemized grants FY2024
- 15
- Organizations funded FY2023
- 80%
- First-time grantees FY2023
- Itemized, FY2024
- $543k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $8,509
- Largest grant, FY2024
- $192,063
- Organizations funded a year
- 1 to 15
- FY2017 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $970k
How open it is to new grantees
In FY2023, 80% of the organizations Maine Development Foundation funded were first-time grantees, receiving 71% of its grant dollars.
New vs renewed · share of each year
In FY2023, 29% of grant dollars renewed an existing relationship; $566k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 15 | $543k | 13% |
| FY2023 | 15 | $798k | 80% |
| FY2022 | 11 | $640k | 36% |
| FY2021 | 9 | $550k | 22% |
| FY2020 | 7 | $643k | 100% |
| FY2018 | 2 | $20k | 100% |
| FY2017 | 1 | $7k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Town of Madison Maine | $430,000 | 3 | n/a |
| 60 Lowell Street LLC | $248,560 | 3 | n/a |
| Eastport Public Library Association | $248,266 | 3 | 50% |
| Johnson Hall Inc | $243,753 | 3 | n/a |
| Town of East Millinocket Maine | $240,000 | 4 | n/a |
| Our Katahdin | $236,089 | 3 | 8% |
| Town of Lincoln Maine | $204,790 | 4 | n/a |
| Ellsworth Historical Society | $192,063 | 1 | 79% |
| Colonial Theater Inc | $160,189 | 1 | 52% |
| Town of Ashland Maine | $150,000 | 3 | n/a |
Show all 29 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Town of Madison Maine | $430,000 | 3 | n/a |
| 60 Lowell Street LLC | $248,560 | 3 | n/a |
| Eastport Public Library Association | $248,266 | 3 | 50% |
| Johnson Hall Inc | $243,753 | 3 | n/a |
| Town of East Millinocket Maine | $240,000 | 4 | n/a |
| Our Katahdin | $236,089 | 3 | 8% |
| Town of Lincoln Maine | $204,790 | 4 | n/a |
| Ellsworth Historical Society | $192,063 | 1 | 79% |
| Colonial Theater Inc | $160,189 | 1 | 52% |
| Town of Ashland Maine | $150,000 | 3 | n/a |
| Main Street Bath | $65,759 | 2 | 31% |
| Sunrise County Economic Council | $64,002 | 2 | 1% |
| Discover Downtown Westbrook | $63,000 | 2 | 80% |
| Rockland Main Street Inc | $63,000 | 2 | 59% |
| Gardiner Main Street | $63,000 | 2 | 40% |
| Heart of Ellsworth | $62,936 | 1 | 33% |
| Heart of Biddeford | $61,550 | 2 | 15% |
| Augusta Downtown Alliance | $60,000 | 2 | 34% |
| Town of Houlton | $60,000 | 2 | n/a |
| Our Town Belfast | $54,260 | 2 | 30% |
| Norway Opera House Corporation | $49,620 | 1 | 46% |
| Porter Memorial Library | $48,000 | 2 | n/a |
| The Chocolate Church Arts Center | $42,038 | 1 | 10% |
| Island Avenue LLC | $30,222 | 2 | n/a |
| Center Theatre for Performing Arts | $19,400 | 2 | 3% |
| Kennebec Valley Community College Foundation | $10,000 | 1 | 1% |
| Central Maine Community Betterment Collaborative | $9,000 | 1 | n/a |
| Lewiston Auburn Metropolitan Chamber Of Commerce | $7,000 | 1 | 1% |
| Lewiston Auburn Metropolitan Chamber of Commerce | $5,500 | 1 | 0% |
Plus 1 recipient with no EIN on record ($10k), not named here.
Where it is load-bearing
Maine Development Foundation supplied at least a quarter of the budget for 11 of its grantees at some point. The chart plots its 19 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
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.
Open a dossier: Maine Community Foundation Inc · Davis Family Foundation · Morton-Kelly Charitable Trust · Center for Technology and Civic Life · Bill and Joan Alfond Family Foundation · Onion Foundation · Bangor Savings Bank Foundation · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
About Maine Development Foundation
- How much does Maine Development Foundation give?
- Maine Development Foundation reported 15 itemized grants totaling $543,301, out of $557,301 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 15 organizations a year over FY2017 to FY2023.
- What does Maine Development Foundation fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (78%), Arts & Culture (14%), Education (8%).
- Who are Maine Development Foundation's largest grantees?
- By total granted over FY2017 to FY2024: Town of Madison Maine ($430k), 60 Lowell Street LLC ($249k), Eastport Public Library Association ($248k).
- Does Maine Development Foundation fund new organizations?
- In FY2023, 80% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Maine Development Foundation?
- Its strongest co-funders, measured against what their size predicts, include Maine Community Foundation Inc, Davis Family Foundation, Morton-Kelly Charitable Trust.
- Where is Maine Development Foundation based?
- Maine Development Foundation is based in ME.
Play a game based on Maine Development’s filings →