About President & Trustees of Colby College
The President & Trustees of Colby College channels modest, targeted grants into local civic life in Waterville and greater central Maine, prioritizing community and economic development, arts and cultural programming, and basic human services. Their funding supports municipal initiatives and anchor institutions—both nonprofit and religious—that sustain downtown revitalization, cultural vitality, and safety-net services for children and families.
Focus Areas
Economic and community development programs centered on central Maine (e.g., Central Maine Growth Council)Municipal infrastructure and community projects in nearby towns (e.g., Town of St George)Arts, cultural production and public programming in Waterville (e.g., Waterville Creates)Children’s informal learning and museum programs (e.g., Children's Discovery Museum)Local food security and soup kitchen support for vulnerable residents (e.g., Waterville Area Soup Kitchen)
Giving Approach
Concentrated, place-based giving: a small number of relatively large, one-off grants focused on local anchor organizations and municipal partners rather than broad, national grantmaking; appears oriented to impactful community investments rather than many small awards.
About President & Trustees of Colby College
The largest recent grants from President & Trustees of Colby College went to Central Maine Growth Council at $82,333 and the Town of St George at $81,293, both for general support. That pattern points to a local funder working through flexible operating grants rather than tightly restricted project awards. In 2024, the foundation also backed Waterville Creates with $70,500, showing that its support extends beyond municipal and economic-development work into the cultural life of central Maine. Smaller grants in the same year reached the Children's Discovery Museum, Beth Israel Congregation, and the Waterville Area Soup Kitchen, indicating a mix of civic, cultural, educational, and human-service recipients. The common thread is practical support for organizations that serve residents in Waterville and nearby communities. The foundation’s recent giving does not read like a one-off sponsorship model; it favors general support across organizations that help maintain community infrastructure, public programming, and basic services. For a nonprofit researcher, the key takeaway is that this funder behaves as a local institutional supporter, with grantmaking shaped around community capacity and stability rather than narrow program silos.
What President & Trustees of Colby College Funds
In economic and community development, President & Trustees of Colby College gave $82,333 to Central Maine Growth Council for general support, underscoring interest in regional capacity-building. Municipal and community projects are another visible area: the foundation awarded $81,293 to the Town of St George, again as general support. Arts and cultural programming also appears in the recent record, with $70,500 to Waterville Creates for general support in Waterville. The foundation’s support for community-serving institutions extends to learning and safety-net functions as well. It gave $10,000 to Children's Discovery Museum for general support and $7,800 to Waterville Area Soup Kitchen for general support. A further $10,000 grant to Beth Israel Congregation shows that religious organizations are also within the giving mix when they serve local community needs.
How President & Trustees of Colby College Gives
President & Trustees of Colby College’s recent grants cluster around flexible support rather than highly restricted awards. The typical grant size is $10,000 at the 25th percentile, $40,250 at the median, and $78,595 at the 75th percentile, showing a spread from smaller community grants to much larger anchor-institution awards. The 2024 record consists of general support grants, which aligns with its philosophy tags for unrestricted and core organizational funding. The pattern also looks local and consistent: every listed grant in the current data went to a recipient in Maine, and the recipients include both municipal entities and nonprofits. The available record does not show individual-application giving or program-related investments.
Financial Snapshot
Annual Giving
$252K
Total Assets
$2.5B
Total Revenue
$354.5M
Total Expenses
$325.2M
Typical Grant Size
Most grants fall between $10K and $79K, with a median of $40K.
25th Percentile
$10K
Median
$40K
75th Percentile
$79K
Geographic Reach
Local1 state funded
Funding intensity
LowHigh
Headquarters
Leadership
David A Greene
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