Kestrel Foundation Of Maine
- Assets
- $728.4k
- Revenue
- $572.4k
- Investments
- $419.3k
- Employees
- 0
- Location
- Portland, ME
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-3870227
Organization Overview
Kestrel Foundation Of Maine is located in Portland, ME. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kestrel Foundation Of Maine 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 12/2022, Kestrel Foundation Of Maine generated $572.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 52.2% each year . All expenses for the organization totaled $282.7k during the year ending 12/2022. While expenses have increased by 41.4% 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 2016, Kestrel Foundation Of Maine has awarded 152 individual grants totaling $429,622. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Pm Higgins President | 1 | $0 | |
Nancy M Chatfield Treasurer | 1 | $0 | |
Ellen H Berger Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $339,596 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,919 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $224,851 |
| Capital Gain Net Income | $278,133 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $572,366 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,237 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $388 |
| Printing and publications | $0 |
| Other expenses | $8,779 |
| Total operating and administrative expenses | $193,722 |
| Contributions, gifts, grants paid | $88,950 |
| Total expenses and disbursements | $282,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,044 |
| 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 | $728,374 |
| 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, Kestrel Foundation Of Maine has awarded $88,950 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICA SCHOOLHOUSE PURPOSE: UNRESTRICTED GIFT | $1,000 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: UNRESTRICTED GIFT | $200 |
EASTERN MAINE CONSERVATION INITIATIVE PURPOSE: UNRESTRICTED GIFT | $12,000 |
FOUNDATION FOR AFRICAN MEDICINE & EDUCATION PURPOSE: UNRESTRICTED GIFT | $1,000 |
FRIENDS OF SCARBOROUGH MARSH PURPOSE: UNRESTRICTED GIFT | $100 |
GREAT MOUNTAIN FOREST PURPOSE: UNRESTRICTED GIFT | $250 |