From public IRS filings
FOUNDATION FOR A STRONG MAINE ECONOMY
AUGUSTA, ME · Community Improvement
Mission
SUPPORT AND STRENGTHEN MAINE ECONOMY THROUGH RESEARCH, EDUCATION, AND COMMUNICATION.
Financials (IRS Form 990)
Total revenue
$3.2M
Total expenses
$3.5M
Total assets
$2.2M
Program expense ratio
90%
Source: IRS Form 990, tax year 2023.
Who funds FOUNDATION FOR A STRONG MAINE ECONOMY
$5.1M in foundation grants on record from 20 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Harold Alfond Foundation | $4.3M | 1 |
| Builders Initiative Foundation | $201K | 1 |
| Fidelity Investments Charitable Gift Fund | $190K | 4 |
| Point32health Foundation | $50K | 1 |
| Northeastern University | $47K | 1 |
| Donor Advised Charitable Giving | $35K | 2 |
| Roux Family Foundation | $30K | 2 |
| Machias Savings Bank Community Development Foundation | $30K | 2 |
| Blackbaud Giving Fund | $25K | 1 |
| Elmina B Sewall Foundation | $25K | 1 |
Leadership
ANDREA MAKER — PRESIDENT (Principal officer)
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