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Community Development : Community Foundations

Maine Community Foundation

Strengthening the communities of Maine

four stars

94.88

245 Main Street Ellsworth, ME 04605
tel: (877) 700-6800   Web Site
EIN: 01-0391479

Board Leadership
Peter Lamb
Chair

CEO
Steven Rowe
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 94.88 four stars
  Financial 93.97 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 05/01/2019 and includes data from FY2017, the most recent 990 received at that time.

The Maine Community Foundation serves thousands of people who share a common mission: improving the quality of life in our state. Individuals, families, businesses and organizations create charitable funds that help Maine meet the challenges of changing times. Today, the foundation's assets of $180 million are held in stewardship for more than 800 funds. Maine Community Foundation grants cover the full range of nonprofit undertakings, with a special focus in the areas of education, the environment, arts and humanities, and social and community services. Since opening its doors in 1983, the foundation has awarded more than $100 million in grants and scholarships.

The Maine Community Foundation serves thousands of people who share a common mission: improving the quality of life in our state. Individuals, families, businesses and organizations create charitable funds that help Maine meet the challenges of changing times. Today, the foundation's assets of $180 million are held in stewardship for more than 800 funds. Maine Community Foundation grants cover the full range of nonprofit undertakings, with a special focus in the areas of education, the environment, arts and humanities, and social and community services. Since opening its doors in 1983, the foundation has awarded more than $100 million in grants and scholarships.

Impact Information

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Financial

four stars

93.97

Accountability & Transparency

four stars

96.00

This rating was published 05/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
87.7%
  Administrative Expenses 8.9%
  Fundraising Expenses 3.3%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 11.76
  Program Expenses Growth 10.1%
  Liabilities to Assets 18.6%
All data for Financial Performance Metrics calculations was provided by Maine Community Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Maine Community Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Maine Community Foundation (ME) 94.88 four stars
Community Foundation for Southeast Michigan (MI) 92.29 four stars
California Community Foundation (CA) 95.47 four stars
The Pittsburgh Foundation (PA) 91.19 four stars
Communities Foundation of Texas (TX) 89.16 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $52,709,366
   Federated Campaigns $358,145
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $53,067,511
   Program Service Revenue $788,652
Total Primary Revenue $53,856,163
   Other Revenue $12,435,272
TOTAL REVENUE $66,291,435
   
EXPENSES  
   Program Expenses $31,031,916
   Administrative Expenses $3,464,107
   Fundraising Expenses $1,417,363
TOTAL FUNCTIONAL EXPENSES $35,913,386
   
Payments to Affiliates $0
Excess (or Deficit) for the year $30,378,049
   
Net Assets $433,059,783

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Community Foundation Grants $31,031,916 100.0%

Ratings History
Maine Community Foundation has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 05/01/2019 94.88 four stars
2016-12 06/01/2018 93.96 four stars
2015-12 06/01/2017 95.63 four stars
2014-12 06/01/2016 90.68 four stars
 
CN 2.0
2013-12 08/01/2015 97.18 four stars
2012-12 04/01/2014 86.27 three stars
2011-12 04/01/2013 96.78 four stars
2010-12 04/01/2012 90.29 four stars
2009-12 09/20/2011 83.40 three stars
 
CN 1.0
2009-12 06/01/2011 76.44 two stars
2008-12 07/01/2010 84.83 three stars
2007-12 05/01/2009 98.93 four stars
2006-12 02/01/2008 99.13 four stars
2005-12 10/01/2006 98.81 four stars
2004-12 12/01/2005 99.02 four stars
2003-12 04/01/2005 86.54 three stars
2002-12 08/01/2004 79.10 two stars
2001-12 06/09/2003 88.08 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 01-0391479
Name in IRS Master File MAINE COMMUNITY FOUNDATION INC
NTEE Code T31
NTEE Classification Community Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (903) Community trust or component
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 1984
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$198,722 0.55% G. Steven Rowe President, CEO
Other Salaries of Note
$243,005 0.67% Peter Rothschild Chief Investment Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
Maine Community Foundation (ME) 94.88 four stars
Foundation For The Carolinas (NC) 97.17 four stars
Michigan Gateway Community Foundation (MI) 90.51 four stars
The Denver Foundation (CO) 90.42 four stars
North Carolina Community Foundation (NC) 96.24 four stars

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Charity Contact Info

Maine Community Foundation
245 Main Street
Ellsworth, ME 04605
tel: (877) 700-6800
fax: (207) 667-0447
EIN: 01-0391479

Visit Web Site

Board Leadership

Peter Lamb
Chair

CEO

Steven Rowe
President & CEO

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