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 $258K in revenue, $191K in expenses, $7.9M in total assets for fiscal year 2024. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $1.2M.

EIN: 237211934 Presque Isle, ME Latest filing: 2024
Total Revenue$258K
Total Expenses$191K
Total Assets$7.9M
Grant Records4
Funding Total$1.2M
Filing Years2020–2024

Mission

The Foundations mission is to manage endowment funds and to provide scholarship funds.

Officers & Directors

Member Brad Wolverton
Executive Member Brett Varnum
Secretary Brian Sipe
Member Bryan Thompson
Member Clara Collins
Executive Member Clint Deschene

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$1,010,000 2 grants
Education
$185,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $258K $191K $7.9M
2023 $321K $226K $7.1M
2022 $330K $281K $6.6M
2021 $189K $179K $7.6M
2020 $304K $363K $6.2M

Between 2020 and 2024, reported annual revenue declined from $304K to $258K (-15%), with total assets most recently reported at $7.9M.

Interactive year-over-year charts and full filing details available with membership.

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