Open Foundations · Maine

Bangor Savings Bank Foundation

Bangor, Maine · EIN 043353896. It paid $1.2M across 156 grants in 2024, a median of $5K each. Its Form 990-PF says it accepts unsolicited grant requests.

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$1.2M
paid in 2024
156
grants paid
$5K
median grant
34%
to first-time recipients
$7.0M
assets on file

How to apply, as filed

These application terms come from Part XV of the foundation's Form 990-PF.

Send requests to
Program Officer The Bangor Savings
Address
24 Hamlin Way PO Box 930, Bangor, ME, 044020930
Phone
8772264671
Email
foundation@bangor.com
Form the request should take
To apply for a grant from the Foundation, applicants should review their applicable Grant Guidelines and submit the online application found at the following website: https://www.bangor.com/the-bangor-savings-bank-foundation/ Potential applicants must submit a completed grant application, including at least the following: (I) describing the initiative seeking support; (II) how the award benefits the region served by Bangor Savings Bank; and (III) attestation of 501(3) tax-exempt status. Applications are reviewed bi-annually. Prior applicants may reapply one year from the date of prior submission. Decisions on funding are generally announced within 45-75 days of each application deadline.
Submission deadline
Applications are due by January 1, April 1, July 1, or October 1 to be valid for consideration.
Restrictions on awards
The Foundation considers applications for grants ranging from $2,000 up to $25,000, and focuses its philanthropic efforts on improving the vitality of Northern New England's regional and statewide economies through economic and workforce development in Maine, New Hampshire, and Massachusetts. Accordingly, the Foundation has a preference to support projects and initiatives in the following areas: (I) economic development; (II) education; (III) social and community services; (IV) culture and arts; and (V) health and wellness. The Foundation does not generally provide support for the following: political organizations; religious organizations or causes; sectarian purposes; endowments; salaries; scholarships; conferences; seminars; festivals, or similar events.

From the Form 990-PF for tax year 2024, IRS filing object id 202502179349100530. Entries appear as filed.

What it funds, in its own words

The filing states only a general purpose, with nothing specific enough to pull out as recurring language.

Biggest grants in 2024

These are the 15 largest of the 156 grants paid in 2024, with the purpose the foundation wrote for each.

#RecipientStateAmountPurpose as filed
1Bangor Region YmcaME$50,000General Operating Support
2Friends of Katahdin Woods and WatersME$50,000General Operating Support
3Lifeflight FoundationME$50,000General Operating Support
4Maine Public Broadcasting CorporationME$50,000General Operating Support
5MainehealthME$50,000General Operating Support
6Northeastern UniversityMA$50,000General Operating Support
7Heart of Maine United WayME$42,450General Operating Support
8Acadia Hospital CorpME$40,000General Operating Support
9Avesta Housing Development CorporationME$30,000General Operating Support
10Good Shepherd Food BankME$25,000General Operating Support
11Maine General HealthME$25,000General Operating Support
12The Foundation for Maine Community CollegesME$25,000General Operating Support
13Mount Desert Island HospitalME$20,000General Operating Support
14United Way of Southern MaineME$17,800General Operating Support
15Seniors PlusME$15,000General Operating Support

Giving by year, and who received it

Grants paid by year

Every year of this foundation's grants that Civly holds
Tax yearGrantsPaid
2020146$1.2M
2021154$1.3M
2022157$1.4M
2023152$1.2M
2024156$1.2M

Where the money went

Share of 2024 grant dollars by recipient state
Maine71%
New Hampshire27%
Massachusetts1%
Georgia1%
Virginia1%

Who decides

Officers, directors and trustees are listed as filed, with the year of the return they appeared on.

Gena R CanningChair · 2024
George F Eaton Ii EsqDirector · 2024
Joyce Clark SarnackiDirector · 2024
Kathryn L BarberDirector · 2024
Laurie G LachanceDirector · 2024
Michael O'connorTreasurer · 2024
Robert S Montgomery-ricePresident · 2024
Sari S GreeneDirector · 2024
Scott a OxleyDirector · 2024
Susan C HammondDirector · 2024
Vincent P VeroneauVice Chair · 2024
Wendy DurrahVP/Secretary/Clerk · 2024

Each figure comes from the foundation's latest filed year, 2022 or later. This foundation is listed because its Form 990-PF says giving is not restricted to preselected organizations and it paid at least 5 grants totaling $100K or more that year. Grants and application terms come from each foundation's latest IRS 990-PF e-file return. The newest tax year is partial until the IRS finishes releasing it. Grants are de-duplicated on funder, year, recipient and amount, so identical repeat grants count once and totals can run low. Full method.

Source: IRS Form 990-PF e-file releases (public domain). Analysis: Civly.

More foundations in Maine

These other funders in Maine say on their returns that they accept unsolicited requests. Each page has the deadline and terms as filed. See all 61.

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