Public Charity

The Foundation for Maine's Community Colleges

The Foundation for Maine's Community Colleges, of South Portland, ME, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $981K in revenue, $3.7M in expenses, $6.2M in total assets. 36 publicly reported grants to this organization, totaling roughly $5.6M, appear in IRS filings.

EIN: 271363414 South Portland, ME Latest filing: 2025
Total Revenue$981K
Total Expenses$3.7M
Total Assets$6.2M
Grant Records36
Funding Total$5.6M
Filing Years2021–2025

Mission

The Foundation for Maine's Community Colleges is dedicated to ensuring that the State's seven community colleges have the resources they need to provide a high quality, affordable, and accessible college education for Maine people.

Sample Grants Received

2024
SCHOLARSHIPS
$95,000
2024
For grant recipient's exempt purposes
$25,000
2024
UNRESTRICTED GENERAL SUPPORT
$25,000
2023
Training Low-Income Workers for Remote Opportunities Travel Grant Rural Summit 2023
$153,078
2023
SCHOLARSHIPS
$94,400

Showing up to 5 of 36 total records — full history available with membership.

Officers & Directors

Director David Daigler
President Dr John Fitzsimmons
Director Elaine D Rosen
Secretary Hon Daniel E Wathen
Chair Hon John R Mckernan Jr
Director Joseph Purington

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$2,336,920 8 grants
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$499,999 1 grant
Higher Education
$406,000 1 grant
Education
$402,000 1 grant
EDUCATIONAL SCHOLARSHIPS
$287,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $981K $3.7M $6.2M
2024 $1.4M $6.9M $9.4M
2023 $1.4M $8.3M $14.1M
2022 $16.8M $3.9M $20.4M
2021 $2.4M $2.6M $8.0M

Between 2021 and 2025, reported annual revenue declined from $2.4M to $981K (-58%), with total assets most recently reported at $6.2M.

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

See the full picture for The Foundation for Maine's Community Colleges

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