Mission
The Foundations mission is to manage endowment funds and to provide scholarship funds.
Public Charity
Foundation of the University at Presque Isle
Based in Presque Isle, ME, Foundation of the University at Presque Isle operates as a Public Charity. The organization reported $245K in revenue, $210K in expenses, $8.7M in total assets for fiscal year 2025. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $1.2M.
EIN: 237211934
Presque Isle, ME
Universities
NTEE: B43
Latest filing: 2025
Total Revenue$245K
Total Expenses$210K
Total Assets$8.7M
Grant Records4
Funding Total$1.2M
Filing Years2021–2025
Where $100 goes at Foundation of the University at Presque Isle
How Foundation of the University at Presque Isle divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$99
Programs
the work itself
$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $99 for programs
$99
Providing scholarship funds
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
EDUCATION
$10,000
Education
$50,000
Education
$135,000
EDUCATION
$1,000,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
Member
Bill Flagg
Member
Chelsea Derosiers
Vice President/Treasurer
Clara Collins
Member
Curt Paterson
Member
Darlene Higgins
Member
David Levasseur
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $245K | $210K | $8.7M |
| 2024 | $258K | $191K | $7.9M |
| 2023 | $321K | $226K | $7.1M |
| 2022 | $330K | $281K | $6.6M |
| 2021 | $189K | $179K | $7.6M |
Between 2021 and 2025, reported annual revenue grew from $189K to $245K (+30%), with total assets most recently reported at $8.7M.
Interactive year-over-year charts and full filing details available with membership.