Alba Maine Foundation

Organization Overview

Alba Maine Foundation is located in Woolwich, ME. The organization was established in 2016. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alba Maine 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 12/2022, Alba Maine Foundation generated $1.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 50.6% each year . All expenses for the organization totaled $7.0k during the year ending 12/2022. While expenses have increased by 5.6% 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,725
Interest on Savings $34
Dividends & Interest $21
Net Rental Income$0
Net Gain on Sale of Assets -$112
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,668

Grants Awarded

Over the last fiscal year, Alba Maine Foundation has awarded $4,984 in support to 4 organizations.

Grant RecipientAmount

MAINE CENTRAL INSTITUTE

PURPOSE: SUPPORT OF OPERATIONS

$500

UNIVERSITY OF MAINE

PURPOSE: SUPPORT OF OPERATIONS

$1,000

MAINE PUBLIC

PURPOSE: SUPPORT OF OPERATIONSSUPPORT OF OPERATIONS

$2,982

TOWN OF WOOLWICH MAINE

PURPOSE: SUPPORT OF OPERATIONS

$502
View Grant Profile

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