Evergreen Foundation
- Assets
- $6.3m
- Revenue
- $2.2m
- Investments
- $6.2m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 07/2008
- Data as of
- 06/2022
- EIN
- 26-0378563
Organization Overview
Evergreen Foundation is located in Portland, ME. The organization was established in 2008. 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. Evergreen 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, Evergreen Foundation generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 48.7% each year . All expenses for the organization totaled $290.7k during the year ending 06/2022. While expenses have increased by 13.0% per year over the past 4 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 2021, Evergreen Foundation has awarded 38 individual grants totaling $517,250. 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 |
|---|---|---|---|
Jon H Edwards Managing Trustee | 2 | $0 | |
Nancy J Fox Trustee | 2 | $0 | |
Amy A Fox Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21,115 |
| Dividends & Interest | $44,046 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,119,132 |
| Capital Gain Net Income | $2,119,132 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,676 |
| Total Revenue | $2,209,969 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $8,030 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36,157 |
| Total operating and administrative expenses | $44,187 |
| Contributions, gifts, grants paid | $246,500 |
| Total expenses and disbursements | $290,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $157,331 |
| 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 | $6,161,684 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,319,015 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Evergreen Foundation has awarded $246,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, ME PURPOSE: OPERATING FUND | $30,000 |
Bangor, ME PURPOSE: OPERATING FUND | $25,000 |
FAMILY PLANNING ASSOCIATION OF MAINE PURPOSE: OPERATING FUND | $20,000 |
CAMPAIGN FOR JUSTICE PURPOSE: OPERATING FUND | $20,000 |
Portland, ME PURPOSE: OPERATING FUND | $19,000 |
Bridgton, ME PURPOSE: OPERATING FUND | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Td Charitable Foundation Falmouth, ME | $0 | $26,328,021 |
P M Allen Family Foundation Hanover, NH | $110,796,013 | $13,365,268 |
Rannie Webster Foundation Rye, NH | $21,769,366 | $13,522,122 |
Elmina B Sewall Foundation Freeport, ME | $198,399,545 | $18,229,129 |
Lunder Foundation Portland, ME | $114,918 | $28,179,943 |
Otto And Fran Walter Foundation Inc Boothbay Harbor, ME | $14,780,673 | $2,403,803 |
The Jack & Dorothy Byrne Foundation Inc Hanover, NH | $178,090 | $5,355,970 |
The Birchtree Center Portsmouth, NH | $2,377,101 | $5,561,187 |
The Bill And Joan Alfond Foundation Portland, ME | $33,512,660 | $6,141,856 |
Friends Of Notre-Dame De Paris Inc Etna, NH | $24,880,670 | $12,372,128 |
Sam L Cohen Foundation Portland, ME | $30,483,258 | $3,967,796 |
Huber Foundation Falmouth, ME | $75,719,525 | $3,696,908 |