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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 01-0484310

Maine Initiatives Inc

PORTLAND, MENTEE: I20ZFounded 1993Website

mission statement

Maine initiatives, a fund for change, cultivates social, economic, and environmental justice through grants and other support to grassroots organizations in maine communities.

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Total Revenue

$2.0M

FY 2023

Program Spending

81.9%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$5.2M

Total Assets

$3.7M net

11.46 mo

Operating Reserves

FY 2023

Active Programs

FY 2023

Total Employees

FY 2023

Funding Track Record

Backed by 53 Institutional Funders

$9.7M raised across 175 grants · +$356K committed (2019–2024 filings)

Funder Geography

Funders across 14 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Donor Advised Charitable Giving Inc	SAN FRANCISCO, CA	$1,201,000
Maine Community Foundation Inc	Ellsworth, ME	$1,198,350
New Venture Fund	WASHINGTON, DC	$948,800
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$793,410
Elmina B Sewall Foundation	Freeport, ME	$767,100 +$155,000 committed
Maine Health Access Foundation Inc	Augusta, ME	$650,000
Wellspring Philanthropic Fund Inc	NEW YORK, NY	$500,000
The Fb Heron Foundation	NEW MILFORD, CT	$432,500 +$100,000 committed
Network for Good Inc	Washington, DC	$422,525
Tufts Health Plan Foundation Inc	WATERTOWN, MA	$265,206

Total tracked: $9,654,197 across 175 grants · +$355,500 committed across 4 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$2.5M in expenses

Grant making and community engagement: provide grants to maine-based organizations promoting social, economic,and environmental justice. Provide technical assistance and high visibility for these organizations and their work.

$362K in expenses

The maine share program provides an easy way to donate to over 40 statewide organizations working everyday to make maine a better place to live. Through payroll giving, contributions and direct gifts, donors help these organizations achieve good health, environmental protection, safe communities, economic opportunity, human rights, animal welfare, peace, and much more. Year-round charitable giving through workplace campaigns provides these groups with a steady flow of dollars to keep important programs going.

$348K in expenses

Maine youth justice - fiscal sponsorship - investment in a range of community based supports that respond to young people's needs. Campaign led by young people who have been incarcerated in long creek and directly impacted by the juvenile justice system.

Financial History