Hannaford Charitable Foundation
- Assets
- $1.0m
- Revenue
- $1.3m
- Investments
- $953.5k
- Employees
- 0
- Location
- Portland, ME
- Founding
- 07/1994
- Data as of
- 12/2023
- EIN
- 01-0483892
Organization Overview
Hannaford Charitable Foundation is located in Portland, ME. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hannaford Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Hannaford Charitable Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $968.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hannaford Charitable Foundation has awarded 68 individual grants totaling $5,130,639. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Libby Director | 0.5 | $0 | |
Andrea Nickerson Director | 0.5 | $0 | |
Peter Forester President | 0.5 | $0 | |
Nicole Lewis Vice President | 0.5 | $0 | |
Todd Bullen Treasurer | 0.5 | $0 | |
Chip Leighton Treasurer (end 3/2023) | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,190,377 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,260 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $88,335 |
| Capital Gain Net Income | $88,335 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,293,972 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,364 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,162 |
| Total operating and administrative expenses | $21,204 |
| Contributions, gifts, grants paid | $947,432 |
| Total expenses and disbursements | $968,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,427 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,041,952 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $225,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $225,000 |
Grants Awarded
Over the last fiscal year, Hannaford Charitable Foundation has awarded $1,342,432 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AIO FOOD AND ENERGY ASSISTANCE PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
BANGOR REGION YMCA PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
BETTY C KETCHUM FOUNDATION (AKA MWV ADULT DAY CENTER) PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
BOYS AND GIRLS CLUB OF AUGUSTA MAINE (FBO AUGUSTA TEEN CENTER) PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
CAPITAL DISTRICT YMCA PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
FOOD CONNECTS PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |