Maine · Private foundation
Redco Foundation Inc
Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.
- $312k
- Granted FY2025(still arriving)
- 19
- Grants FY2025
- 17
- Organizations funded FY2024
- 6%
- First-time grantees FY2024
- Median grant, FY2025
- $10,000
- Largest grant, FY2025
- $100,000
- Organizations funded a year
- 3 to 19
- FY2020 to FY2024
- States reached, FY2025
- 5
- Total assets, FY2025
- $6.5M
- Applications
- Preselected organizations only
- Per its most recent filing; check its own site
How open it is to new grantees
In FY2024, 6% of the organizations Redco Foundation Inc funded were first-time grantees, receiving 2% of its grant dollars.
New vs renewed · share of each year
In FY2024, 98% of grant dollars renewed an existing relationship; $5k 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 |
|---|---|---|---|
| FY2025still arriving | 19 | $312k | 11% |
| FY2024 | 17 | $264k | 6% |
| FY2023 | 19 | $304k | 26% |
| FY2022 | 13 | $134k | 15% |
| FY2021 | 13 | $239k | 85% |
| FY2020 | 3 | $40k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.
Top grantees
Largest recipients by total granted, FY2020 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Good Shepherd Food Bank | $425,000 | 4 | 0% |
| Pen Bay Soccer Club | $133,000 | 6 | n/a |
| Trekkers Inc | $60,000 | 5 | 1% |
| Mid-Coast Recreation Center Inc | $53,309 | 4 | 2% |
| Bring Change 2 Mind | $50,000 | 5 | 0% |
| Trout Unlimited Inc | $50,000 | 5 | 0% |
| Wild Salmon Center | $45,000 | 5 | 0% |
| Peopleplace | $25,000 | 5 | 2% |
| Restorative Justice Project Maine | $25,000 | 5 | 1% |
| SPACE Gallery | $20,000 | 2 | 0% |
Show all 18 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Good Shepherd Food Bank | $425,000 | 4 | 0% |
| Pen Bay Soccer Club | $133,000 | 6 | n/a |
| Trekkers Inc | $60,000 | 5 | 1% |
| Mid-Coast Recreation Center Inc | $53,309 | 4 | 2% |
| Bring Change 2 Mind | $50,000 | 5 | 0% |
| Trout Unlimited Inc | $50,000 | 5 | 0% |
| Wild Salmon Center | $45,000 | 5 | 0% |
| Peopleplace | $25,000 | 5 | 2% |
| Restorative Justice Project Maine | $25,000 | 5 | 1% |
| SPACE Gallery | $20,000 | 2 | 0% |
| Coastal Mountains Land Trust | $20,000 | 4 | 0% |
| Make-A-Wish Foundation of Maine | $20,000 | 2 | 1% |
| Sweet Tree Arts | $20,000 | 4 | 1% |
| MIDCOAST YOUTH CENTER & skatepark | $15,000 | 1 | 1% |
| In Her Presence | $15,000 | 1 | n/a |
| Midcoast Habitat for Humanity | $10,000 | 2 | 0% |
| Friends of Katahdin Woods & Waters | $1,000 | 1 | 0% |
| Friends of Baxter State Park | $1,000 | 1 | 0% |
What it could do for these grantees
Plus 6 recipients with no EIN on record ($305k), not named here.
Where it is load-bearing
Each grantee by its size and the share of its budget Redco Foundation Inc supplied at peak.
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 · Bangor Savings Bank Foundation · Onion Foundation · Elmina B Sewall Foundation · Ann H Symington Foundation Xxxxx6000 · Northlight Foundation Inc · Reny Charitable Foundation · Morton-Kelly Charitable Trust · Fisher Charitable Foundation · John T Gorman Foundation · Vanguard Charitable Endowment Program · American Endowment Foundation
How this is measured
About Redco Foundation Inc
- How much does Redco Foundation Inc give?
- Redco Foundation Inc reported 19 grants totaling $312,000 in its FY2025 IRS filing. It funded between 3 and 19 organizations a year over FY2020 to FY2024.
- What does Redco Foundation Inc fund?
- By grant dollars over FY2020 to FY2025, its largest causes are Food & Nutrition (43%), Recreation & Sports (14%), Environment (9%).
- Who are Redco Foundation Inc's largest grantees?
- By total granted over FY2020 to FY2025: Good Shepherd Food Bank ($425k), Pen Bay Soccer Club ($133k), Trekkers Inc ($60k).
- Does Redco Foundation Inc fund new organizations?
- In FY2024, 6% of the organizations it funded were first-time grantees.
- Does Redco Foundation Inc 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 Redco Foundation Inc?
- Its strongest co-funders, measured against what their size predicts, include Maine Community Foundation Inc, Bangor Savings Bank Foundation, Onion Foundation.
- Where is Redco Foundation Inc based?
- Redco Foundation Inc is based in ME.
Play a game based on Redco’s filings →