Private foundation · EIN 01-0514175

Machias Savings Bank Community Development Foundation

Accepts applications

Machias, ME

Home › Maine › Machias Savings Bank Community Development Foundation

Tax year 2025 (period ending 2025-12-31) · Filed with IRS 2026 · Data as of 2026-10-24 · View filing on ProPublica · Source: IRS e-file object 202621069349100522
Total assets (EOY)$4,225,546
Grants paid$205,000
Typical (median) grant$5,000
Grants listed27
Giving in home state (ME)100%

Grant size distribution

RangeGrants
Under $5K12
$5K–$25K13
$25K–$100K2
$100K+0

Smallest $2,500 · Largest $50,000

Geographic focus

ME
100%

Common purposes

Purposes mostly listed as general support.

Giving history

Tax yearContributions paidTotal assetsGrants listed
2023$242,750$3,404,15335
2024$202,640$3,942,41827
2025$205,000$4,225,54627

Years shown are the filings ingested so far; more years are added as additional IRS batches are processed.

How to apply

ContactMelissa Moffett Denbow Community Ex
AddressPO Box 318, Machias, ME, 04654
Phone2072559266
Emailmdenbow@machiassavings.com
Form & materialsPotential applicants may learn about and apply for funding through the Machias Savings Bank website, at: https://www.machiassavings.bank/donations-and-sponsorships-guidelines/ Applicants will be asked to describe their organization and why they are deserving of funding. The Foundation will prioritize projects that help improve the lives of our community members. Priorities are given to the following: financial health, basic needs, low to moderate income programming, workforce development, entrepreneurship, broadband connectivity, childcare, and youth programming. The applicant must demonstrate the ability to carry out the objectives cited in the grant application. Applicants will need to attach all supporting documentation and include a copy of their 501(c)(3) determination letter from the IRS.
DeadlinesThe Foundation grants are awarded twice each year.
RestrictionsThe Foundation only makes grants to qualified 501(c)(3) organizations. A nonprofit may apply for a donation from the Machias Savings Bank and still be eligible for a grant from the Foundation. Awards are generally limited to organizations operating in the service areas of Machias Savings Bank. The Foundation does not award donations to religious or political organizations, unless the programming is for food insecurity or to advance financial health. The Foundation also does not award donations to individuals.

Source: 990-PF Part XV line 2, tax year 2025.

Top recipients (tax year 2025)

RecipientLocationPurposeAmount
Maine Lobstermen'S Community AllianceKennebunk, MEProgram Support Grant$50,000
Jobs For Maine Graduates IncAugusta, MEProgram Support Grant$25,000
Penquis Cap IncBangor, MEProgram Support Grant$20,000
Homeless Services Of AroostookPresque Isle, MEProgram Support Grant$10,000
Lift All BoatsPortland, MEProgram Support Grant$10,000
Olympia Snowe Women'S Leadership InstitutePortland, MEProgram Support Grant$10,000
Town Of MachiasMachias, MEProgram Support Grant$10,000
Avesta Housing Development CorporationPortland, MEProgram Support Grant$5,000
Families First Community CenterEllsworth, MEProgram Support Grant$5,000
Information Technology Exchange Give It Get ItSearsport, MEProgram Support Grant$5,000
Midcoast Habitat For HumanityRockport, MEProgram Support Grant$5,000
Northern Light Maine Coast HospitalEllsworth, MEProgram Support Grant$5,000
Preble StreetPortland, MEProgram Support Grant$5,000
Rural Aspirations ProjectSwanville, MEProgram Support Grant$5,000
United Way Of Southern MainePortland, MEProgram Support Grant$5,000
Boys & Girls Club Of BangorBangor, MEProgram Support Grant$2,500
Coastal Enterprises IncBrunswick, MEProgram Support Grant$2,500
Community CareBangor, MEProgram Support Grant$2,500
Downeast Institute For Applied Marine ResearchBeals, MEProgram Support Grant$2,500
Friends Of The Veterans' Memorial LibraryPatten, MEProgram Support Grant$2,500
Galen Cole Family Foundation IncBangor, MEProgram Support Grant$2,500
Healthy AcadiaEllsworth, MEProgram Support Grant$2,500
Literacy Volunteers Of BangorBangor, MEProgram Support Grant$2,500
Lubec Community Outreach Center IncLubec, MEProgram Support Grant$2,500
Mount Desert Nursing AssociationNortheast Harbor, MEProgram Support Grant$2,500
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