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    3. Puffin Bay Foundation

    Puffin Bay Foundation

    ActivePrivate FoundationPhilanthropy & Voluntarism
    Biddeford, MEEIN: 99-19897791 filings on record
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    About Puffin Bay Foundation

    Puffin Bay Foundation’s public giving history shows a single, very large disbursement rather than diversified philanthropic activity. The foundation made one $90 million grant to an entity labeled “MS,” suggesting a major, likely transformational commitment to a single beneficiary or initiative rather than ongoing, broad-based grantmaking. With no other recorded grants or NTEE breakdown, the foundation appears to operate with a highly concentrated, donor-directed funding approach.

    Focus Areas

    Single transformational/major-capital gift to a single beneficiary (recipient listed as “MS”)High-impact, one-off philanthropy rather than routine annual supportPotentially donor-advised or project-specific funding (ambiguous recipient name suggests a private initiative)

    Who They Fund

    single institutional beneficiary ('MS')privately directed or donor-specified recipient

    Giving Approach

    Extremely concentrated: one very large, one-time grant to a single grantee; no evidence of repeat or diversified giving. Likely focused on making a transformational investment or fulfilling a specific donor objective rather than building a broad portfolio of grantees.

    Funding Style

    Financial Snapshot

    Annual Giving

    $90M

    Total Assets

    $679M

    Total Revenue

    $640.1M

    Total Expenses

    $90M

    Geographic Reach

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    Free account · instant fit score · similar funders
    transformational/major-capital grantone-off/high-impact disbursementdonor-directed/project-specific fundingconcentrated single-beneficiary strategy

    Notable grantees: MS

    Topics

    single large-scale gift to one recipienthigh-impact, non-recurring philanthropyproject- or initiative-specific financingambiguous/privately named beneficiary (recipient listed as 'MS')
    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    MS GiftPurchase, NY$90,000,0002025General Support

    MS Gift

    $90,000,000
    Purchase, NY2025

    General Support