AI Summary
FOUNDATION FOR A STRONG MAINE ECONOMY is a nonprofit focused on agriculture, fishing and forestry; economic development; community and economic development; and education. In filing year 2024, it reported a $1.1M operating budget and $3.6M in total revenue, with listed support from the HAROLD ALFOND FOUNDATION ($13.3M, 2022), Builders Initiative Foundation ($607.5K, 2024), and the Maine Technology Institute ($423.9K, 2020).
Mission Statement
Cause Areas
4
Education
Community and economic development
Agriculture, fishing and forestry
Economic development
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Populations
0
This organization has not submitted any populations.
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 22 funders
- 19 board & team members
- 9 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is FOUNDATION FOR A STRONG MAINE ECONOMY’s budget?
In 2024, FOUNDATION FOR A STRONG MAINE ECONOMY reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does FOUNDATION FOR A STRONG MAINE ECONOMY support?
FOUNDATION FOR A STRONG MAINE ECONOMY supports work in Education, Community and economic development, Agriculture, fishing and forestry, and Economic development.
Where does FOUNDATION FOR A STRONG MAINE ECONOMY operate?
FOUNDATION FOR A STRONG MAINE ECONOMY is headquartered in AUGUSTA, ME.
Who funded FOUNDATION FOR A STRONG MAINE ECONOMY recently?
In 2025, FOUNDATION FOR A STRONG MAINE ECONOMY received grants from Island Institute, Builders Initiative Foundation (FKA The Builders Initiative Inc), and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant FOUNDATION FOR A STRONG MAINE ECONOMY received in 2024?
The largest grant to FOUNDATION FOR A STRONG MAINE ECONOMY in 2024 exceeds $225 thousand.
What is FOUNDATION FOR A STRONG MAINE ECONOMY’s reliance on government grants?
FOUNDATION FOR A STRONG MAINE ECONOMY relied on government grants for more than 10% of their total revenue in 2024.