Maine Timberlands Charitable Trust

Organization Overview

Maine Timberlands Charitable Trust is located in Winchester, MA. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Maine Timberlands Charitable Trust 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 12/2021, Maine Timberlands Charitable Trust generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $413.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Maine Timberlands Charitable Trust has awarded 49 individual grants totaling $2,970,076. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NA


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Board, Officers & Key Employees

Name (title)Compensation
Linda S Kennedy
Trustee
$18,000
Timothy A Ingraham
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wilkins Investment Counsel
$101,208
Aspen Tax Group Inc
$1,010
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $58
Dividends & Interest $316,781
Net Rental Income$0
Net Gain on Sale of Assets $921,060
Capital Gain Net Income $921,060
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,237,899

Grants Awarded

Over the last fiscal year, Maine Timberlands Charitable Trust has awarded $275,000 in support to 8 organizations.

Grant RecipientAmount

DOWNEAST LAKE LAND TRUST

Org PageRecipient Profile

Grand Lake Stream, ME

PURPOSE: CONSERVATION

$75,000

NEW ENGLAND FOREST FOUNDATION

Org PageRecipient Profile

Littleton, MA

PURPOSE: CONSERVATION

$70,000

MAINE TREE

PURPOSE: CONSERVATION

$60,000

APPALACHIAN MOUNTAIN CLUB

Org PageRecipient Profile

Boston, MA

PURPOSE: CONSERVATION

$25,000

HIGH PEAKS ALLIANCE

PURPOSE: CONSERVATION

$20,000

FOREST SOCIETY OF MAINE

Org PageRecipient Profile

Bangor, ME

PURPOSE: CONSERVATION

$10,000
View Grant Profile

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