The Alfred M Senter Fund
- Assets
- $2.4m
- Revenue
- $124.1k
- Investments
- $2.3m
- Employees
- 0
- Location
- Bath, ME
- Founding
- 07/2001
- Data as of
- 12/2023
- EIN
- 91-2105315
Organization Overview
The Alfred M Senter Fund is located in Bath, ME. The organization was established in 2001. 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. Alfred M Senter Fund 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 12/2023, Alfred M Senter Fund generated $124.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $81.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alfred M Senter Fund has awarded 128 individual grants totaling $570,083. 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 |
|---|---|---|---|
Bath Savings Trust Company Trustee | 1 | $5,210 | |
George A Gilmore Trustee | 1 | $1,776 | |
Catherine Barter Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,703 |
| Dividends & Interest | $8,447 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,945 |
| Capital Gain Net Income | $28,945 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $80,000 |
| Total Revenue | $124,095 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,986 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $556 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,742 |
| Contributions, gifts, grants paid | $73,417 |
| Total expenses and disbursements | $81,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,262 |
| 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 | $1,826,048 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,353,378 |
| 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, The Alfred M Senter Fund has awarded $73,417 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
ART VAN PURPOSE: SUPPORT OF PROGRAMS | $2,000 |
ARTS ARE ELEMENTARY PURPOSE: SUPPORT OF PROGRAMS | $1,000 |
BATH AREA FAMILY YMCA PURPOSE: SUPPORT OF PROGRAMS | $2,500 |
BRUNSWICK DOWNTOWN ASSOCIATION PURPOSE: SUPPORT OF PROGRAMS | $5,000 |
BRUNSWICK ROTARY CLUB PURPOSE: SUPPORT OF PROGRAMS | $2,000 |
BRUNSWICK TOPSHAM LAND TRUST PURPOSE: SUPPORT OF PROGRAMS | $2,000 |