EIN 01-0390854

Melmac Education Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Augusta
State
Year formed
1983
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Melmac Education Foundation strives to connect aspirations to a plan in order to boost readiness for college and careers. They also work towards building an enabling environment for middle and high school students. Some of their grantees include Generation Maine. Last year, they made 224 grants. The Melmac Education Foundation is a private foundation located in Augusta, ME.
Total revenues
$2,293,540
2022
Total expenses
$2,999,998
2022
Total assets
$41,248,524
2022
Num. employees
0
2022

Program areas at Melmac Education Foundation

Connect aspirations to a plan/boosting readiness for college and career - building an enabling environment for middle, high school and cte students to explore college and career options, set aspirations, and create a formal plan to guide and inform them as they acquire the Education and skills needed to succeed beyond high school. Implementation grants to schools, ctes and nonprofit organizations seek to further students' access to, and understanding of, the variety of post-secondary opportunities. These grants strive to increase the number of Maine high school graduates who aspire to, and actually do, enroll in post-secondary study.
Support early success in college/promoting post secondary success - improving students' ability to persist and complete post- secondary studies in order to prepare them for satisfying and rewarding careers. Scholarships - tyler/grandmaison scholarship - a 2000 scholarship for one senior from every Maine high school, public and private, credited toward the third semester of post-secondary study (in state or out of state). Cte scholarship - a 2000 scholarship for one senior from every cte using similar criteria to the tyler/grandmaison scholarship. The cte scholarship is credited to the second semester of post-secondary study (in state or out of state). These scholarships are intended to reward college persistence.
Aligning Education and employment systems - creating alignment between key stakeholders and decision makers in Education and employment systems in order to expose students to employment opportunities in Maine and to remove barriers to student opportunity and success. Aspirecommunity-wide grants are intended to incentivize a school district to develop a comprehensive, age appropriate pre-k-16 college and career access program that, in addition to implementing college access programs, includes broad exposure to local businesses through job shadow and internship experiences. Grants are provided to nonprofit organizations.

Grants made by Melmac Education Foundation

GranteeGrant descriptionAmount
Jobs for Maine's Graduates (JMG)JMG College Success Program$150,000
Jobs for Maine's Graduates (JMG)Jmg/melmac Partnership$84,000
College BoardPsat Grant$80,494
...and 48 more grants made totalling $575,878

Personnel at Melmac Education Foundation

NameTitleCompensation
Wendy AultExecutive Director$140,963
Ann KaplanExecutive Assistant$52,234

Financials for Melmac Education Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$1,396,591
Net rental income$0
Net gain from sale of non-inventory assets$896,949
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,293,540

Form 990s for Melmac Education Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-28990PFView PDF
2021-122022-10-20990PFView PDF
2020-122021-10-04990PFView PDF
2019-122021-06-09990PFView PDF
2018-122020-01-13990PFView PDF
...and 7 more Form 990s

Organizations like Melmac Education Foundation

OrganizationLocationRevenue
Middendorf FoundationBaltimore, MD$3,089,107
Debusk FoundationDallas, TX$1,377,073
Vin and Caren Prothro FoundationDallas, TX$706,123
Arlene and Daniel Fisher FoundationNew York, NY$700,610
Brentwood FoundationFrisco, TX$1,689,379
Burch Family FoundationDripping Springs, TX$3,660,059
Frada Fine Scholarship FD TrusteeOrlando, FL$2,161,834
Tauck Ritzau Innovative PhilanthropyWilmington, DE$685,597
Farm Credit Foundation for Agricultural AdvancementWestminster, MD$3,113,234
Ike Nizam FoundationPhoenix, AZ$5,151,122
Data update history
November 14, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 27, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990PF for fiscal year 2020
July 11, 2022
Used new vendors
Identified 1 new vendor, including
October 18, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
188 Whitten Rd
Augusta, ME 04330
County
Kennebec County, ME
Phone
(207) 622-3066
IRS details
EIN
01-0390854
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Melmac Education Foundation has new information, or want to find more organizations like Melmac Education Foundation?

Create free Cause IQ account