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    3. University of Southern Maine Foundation
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    University of Southern Maine Foundation

    ActivoPhilanthropy & Voluntarism
    Portland, MESitio web2077804708

    About University of Southern Maine Foundation

    The USM Foundation serves as a catalyst for transformation at the University of Southern Maine. By engaging with alumni, friends, and community partners, we work side by side with the University to make a deep and meaningful impact on the lives of our students, the future of USM, and the economic wellbeing of Maine.

    Focus Areas

    higher educationscholarshipsarts & cultural facilitiesalumni programs

    Who They Fund

    USM studentsUSM faculty and researcherslibrary patrons and scholarsregional academic community

    Funding Style

    endowment supportprogrammatic fundingcapital projects fundingdesignated/earmarked gift

    About University of Southern Maine Foundation

    The University of Southern Maine Foundation’s recent giving is centered on the university itself, with a 2025 grant of $16,476,097 for USM programs and capital projects setting the scale of its work. Another 2025 award of $3,419,655 also supported USM programs and capital projects, showing that the foundation’s largest commitments are tied to institutional priorities rather than external charities. Smaller but still substantial grants of $1,102,700 and $1,002,033 in 2025 were recorded as endowment income gifted to USM, pointing to a funding model that combines project support with endowed support for the university’s ongoing needs. The foundation’s philanthropy is not broad-based across many organizations; it is tightly aligned with the University of Southern Maine and its campus agenda. One named recipient outside the main university line was the USM Osher Map Library Foundation, which received support for the Osher Map Library Collection. That pattern fits the foundation’s stated focus on higher education, scholarships, arts and cultural facilities, alumni programs, and university infrastructure. The grant history shows a funder built to move resources directly into USM programs, facilities, and student-facing support.

    What University of Southern Maine Foundation Funds

    In higher education, the foundation directs major resources to the University of Southern Maine for programs and capital projects, including a 2023 grant of $4,204,520 and a 2025 grant of $16,476,097. It also supported the university’s long-term financial base through endowment income gifts of $1,102,700 in 2025 and $1,000,935 in 2023. For library and special collections work, the USM Osher Map Library Foundation received $15,240 in 2023 for the Osher Map Library Collection. Scholarship support is another clear theme: the foundation operates merit-based and named scholarship funding, including the President’s Scholar Award, Dirigo Scholar Award, and USM Transfer Residence Hall Scholarship. Its current priorities also point to support for student success, performing arts, and other named university needs.

    How University of Southern Maine Foundation Gives

    The typical grant size is large: the 25th percentile is $1,000,935, the median is $1,002,033, and the 75th percentile is $4,204,520. That distribution reflects a small set of substantial university awards rather than many small external grants. The recipient list shows repeat funding to the University of Southern Maine across 2023 and 2025, including both program-capital support and endowment income. The foundation is a university foundation, not a funder of individuals, and it does not make program-related investments. Some scholarship programs accept unsolicited applications, including the Osher ReEntry Scholarship and Donor-Funded Scholarships, while other priorities are donor-directed or institutionally designated.

    Financial Snapshot

    Annual Giving

    $22M

    Total Assets

    $58.6M

    Total Revenue

    $14.3M

    Total Expenses

    $7.4M

    Typical Grant Size

    Most grants fall between $1M and $4.2M, with a median of $1M.

    25th Percentile

    $1M

    Median

    $1M

    75th Percentile

    $4.2M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in ME.

    Intensidad de financiamiento
    Baja
    Alta
    Sede

    Leadership

    Ainsley Newman Wallace

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    Topics

    higher education programsuniversity capital/infrastructurelibrary/special collections (map library)collection acquisition and stewardshiparchival preservation of cartographic materials

    Where University of Southern Maine Foundation Makes Grants

    Grantmaking is local and fully concentrated in Maine: 100% of grants in the data went to recipients in the HQ state, and the top recipient state is also Maine. The recipient list is concentrated in Portland and Bangor. Most of the large awards went to the University of Southern Maine in Bangor, while the Osher Map Library Foundation in Portland received a smaller grant for collection work. The country distribution is entirely U.S.-based, with 7 grants going to U.S. recipients.

    Frequently Asked Questions About University of Southern Maine Foundation

    What does the University of Southern Maine Foundation fund most often?

    It mainly funds the University of Southern Maine itself, especially programs and capital projects. The recent grants list is dominated by awards to USM, including multi-million-dollar support in 2023 and 2025, plus endowment income gifts that support the university’s ongoing priorities.

    What is the typical grant size?

    The grant-size distribution is high-dollar: p25 is $1,000,935, the median is $1,002,033, and p75 is $4,204,520. That points to a pattern of sizable institutional awards rather than small discretionary grants.

    Does the foundation support scholarships?

    Yes. Scholarship support is one of its core focus areas, and the active programs include merit-based and named scholarships such as the President’s Scholar Award, President’s Transfer Scholar, Dirigo Scholar Award, USM Transfer Residence Hall Scholarship, and ConnectED Pathways Scholarship.

    Are there any programs that accept unsolicited applications?

    Yes. The Osher ReEntry Scholarship and Donor-Funded Scholarships are marked as accepting unsolicited applications. Other active programs and current priorities are not listed that way and appear to be donor-directed or institutionally designated.

    Where does the foundation give?

    Its giving is local and entirely in Maine. All 7 grants in the dataset went to U.S. recipients, and 100% of grants were given to recipients in the HQ state of Maine.

    Latest 990 Filing

    2025

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

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    UNIVERSITY OF SOUTHERN MAINEBANGOR, ME$16,476,0972025USM programs & capital projects
    UNIVERSITY OF SOUTHERN MAINEBANGOR, ME$3,419,6552025USM programs & capital projects
    UNIVERSITY OF SOUTHERN MAINEBANGOR, ME$1,102,7002025Endowment income gifted to USM
    UNIVERSITY OF SOUTHERN MAINEBANGOR, ME$1,002,0332025Endowment income gifted to USM
    UNIVERSITY OF SOUTHERN MAINEBANGOR, ME$4,204,5202023USM programs & capital projects
    UNIVERSITY OF SOUTHERN MAINEBANGOR, ME$1,000,9352023Endowment income gifted to USM
    USM Osher Map Library FoundationPortland, ME$15,2402023Osher Map Library Collection

    UNIVERSITY OF SOUTHERN MAINE

    $16,476,097
    BANGOR, ME2025

    USM programs & capital projects

    UNIVERSITY OF SOUTHERN MAINE

    $3,419,655
    BANGOR, ME2025

    USM programs & capital projects

    UNIVERSITY OF SOUTHERN MAINE

    $1,102,700
    BANGOR, ME2025

    Endowment income gifted to USM

    UNIVERSITY OF SOUTHERN MAINE

    $1,002,033
    BANGOR, ME2025

    Endowment income gifted to USM

    UNIVERSITY OF SOUTHERN MAINE

    $4,204,520
    BANGOR, ME2023

    USM programs & capital projects

    UNIVERSITY OF SOUTHERN MAINE

    $1,000,935
    BANGOR, ME2023

    Endowment income gifted to USM

    USM Osher Map Library Foundation

    $15,240
    Portland, ME2023

    Osher Map Library Collection