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University of Maine Foundation

Public charity
Other · ORONO, ME · EIN 01-6011501

About

The University of Maine Foundation, acting as a separate organization, will work collaboratively with all entities to encourage philanthropic support for the University of Maine and other charitable organizations while carrying out the donor's wishes in perpetuity.

Donations are tax-deductible
Category
Other
Employees
48
Volunteers
50

Financial Snapshot

FY ending 2024-12-31
Revenue
$60.4M
Expenses
$31.1M
Assets
$458.3M
Liabilities
$11.2M

Financial history

$60.4M$30.2M$0
161718192021222324
RevenueExpenses
Latest FY2024: $60.4M · Avg: $34.2M

Foreign activity (Schedule F)

Total spent abroad$62.6M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$22.1M
UNIVERSITY OF MAINE FOUNDATION
Your actions

Address

Two Alumni Place
Orono, ME, 04469-579

Governance

Voting board members8
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %2.5%
Permanent endowment %56.4%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.