University Of Maine School Of Law Foundation
- Assets
- $6.8m
- Revenue
- $929.3k
- Investments
- $4.7m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 07/2001
- Data as of
- 06/2022
- EIN
- 01-0544448
Organization Overview
University Of Maine School Of Law Foundation is located in Portland, ME. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Maine School Of Law 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 06/2022, University Of Maine School Of Law Foundation generated $929.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $695.7k during the year ending 06/2022. While expenses have increased by 7.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, University Of Maine School Of Law Foundation has awarded 18 individual grants totaling $4,778,947. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT FOR THE UNIVERSITY OF MAINE SCHOOL OF LAW
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT SCHOLARSHIPS, FELLOWSHIPS AND GRANTS FOR THE UNIVERSITY OF MAINE SCHOOL OF LAW AND THE SUPPORT OF ITS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Mills President | OfficerTrustee | 1 | $0 |
Kenneth S Spirer Vice President | OfficerTrustee | 1 | $0 |
Eileen Ml Epstein Secretary/treasurer | OfficerTrustee | 1 | $0 |
Frank H Bishop Jr Director | Trustee | 1 | $0 |
Jean M Deighan Director | Trustee | 1 | $0 |
Diana Dejesus Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $86,157 |
| All other contributions, gifts, grants, and similar amounts not included above | $806,532 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $892,689 |
| Total Program Service Revenue | $0 |
| Investment income | $36,583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $929,272 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $630,469 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,921 |
| Advertising and promotion | $0 |
| Office expenses | $7,506 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,788 |
| All other expenses | $0 |
| Total functional expenses | $695,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,029,230 |
| Pledges and grants receivable | $45,750 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,732,959 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,000 |
| Total assets | $6,829,939 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $348,696 |
| Total liabilities | $348,696 |
| Net assets without donor restrictions | $1,646,335 |
| Net assets with donor restrictions | $4,834,908 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,829,939 |
Grants Awarded
Over the last fiscal year, University Of Maine School Of Law Foundation has awarded $630,469 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, ME PURPOSE: SUPPORT OF THE LEGAL AID CLINIC | $451,093 |
Portland, ME PURPOSE: SCHOLARSHIPS, FELLOWSHIPS & SUPPORT | $179,376 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that University Of Maine School Of Law Foundation has recieved totaling $904,457.
| Awarding Organization | Amount |
|---|---|
University Of Maine School Of Law Foundation Portland, ME PURPOSE: SUPPORT OF THE LEGAL AID CLINIC | $451,093 |
University Of Maine School Of Law Foundation Portland, ME PURPOSE: SCHOLARSHIPS, FELLOWSHIPS & SUPPORT | $179,376 |
John T Gorman Foundation Portland, ME PURPOSE: TO SUPPORT THE JUVENILE JUSTICE REFORM PROJECT | $125,000 |
Maine Justice Foundation Augusta, ME PURPOSE: SUPPORT LEGAL SERVICES PROVIDED TO LOW-INCOME RESIDENTS OF MAINE BY 2ND AND 3RD YEAR LAW STUDENTS UNDER CLOSE SUPERVISION OF FACULTY MEMBERS WHO ARE EXPERIENCED PRACTITIONERS AND MEMBERS OF THE MAINE BAR. | $52,983 |
Louis And Anne Abrons Foundation Inc Wilmington, DE PURPOSE: MAINE CENTER FOR JUVENILE POLICY AND LAW | $50,000 |
Louis And Anne Abrons Foundation Inc Wilmington, DE PURPOSE: MAINE CENTER FOR JUVENILE POLICY AND LAW | $20,000 |
Endowment Analysis
| Beg. Balance | $5,462,557 |
| Earnings | -$687,184 |
| Net Contributions | $149,092 |
| Grants | $191,506 |
| Ending Balance | $4,732,959 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of New Hampshire Foundation Incorporated Durham, NH | $251,217,834 | $34,299,189 |
University Of Maine Foundation Orono, ME | $392,570,813 | $22,127,345 |
Maine Center Ventures Orono, ME | $2,948,482 | $3,531,786 |
Northern Maine Community College Foundation Presque Isle, ME | $4,209,666 | $599,029 |
Wells Public Library Foundation Inc Wells, ME | $16,968 | $76,245 |
University Of Maine School Of Law Foundation Portland, ME | $6,829,939 | $929,272 |
Founders Academy Foundation Manchester, NH | $5,624,673 | $768,570 |
Southern Maine Community College Foundation South Portland, ME | $3,768,050 | $1,245,786 |
Camden Public Library Fund Camden, ME | $1,679,359 | $603,187 |
Friends Of The Weeks Public Library Greenland, NH | $101,158 | $27,678 |
Kennebec Valley Community College Foundation Fairfield, ME | $5,554,302 | $699,650 |
Concord Christain Academy Giving & Going Alliance Concord, NH | $291,148 | $254,410 |