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Maine Womens Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010430261 ✦ South portland, ME ✦ Designated as a 501(c)(3)

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Overview

What is Maine Womens Fund?

The Maine Women's Fund, established in 1988, is a nonprofit organization based in South Portland, Maine. Their mission revolves around the belief that the prosperity of women and girls positively impacts the entire community. Through strategic grant making, community engagement, and support to nonprofit organizations dedicated to social change, they aim to improve the lives of Maine women and girls in six key areas: education, financial skills and literacy, healthcare, leadership, personal safety, and public policy. By investing over $2.7 million in 235 organizations, the fund has played a significant role in advancing the status of Maine women and girls. With a small team of two employees, the Maine Women's Fund makes bold investments, incubates and invests in nonprofit organizations, partners with grantees, and connects people and organizations driving social change in Maine.


Official website here: www.mainewomensfund.org

Is Maine Womens Fund legitimate?

Maine Womens Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Womens Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $79,445
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,887

For more financial information, click here


Official website here: www.mainewomensfund.org

What is the mission statement of Maine Womens Fund?

The Maine Women's Fund dedicates its efforts towards transforming the lives of women and girls across various aspects. By making bold investments, it incubates and funds nonprofit organizations, partners with grantees, and connects individuals and organizations working towards social change. The mission of the fund is rooted in the belief that when women thrive, the entire community prospers. Through strategic grant making, community engagement, and support to nonprofits committed to social change, the fund aims to enhance women's and girls' economic security. With financial security, women can gain better access to housing, education, healthcare, and employment, contributing positively to their families and communities. The Maine Women's Fund provides critical funding and technical assistance to 235 organizations in six strategic areas, including education, financial skills and literacy, healthcare, leadership, personal safety, and public policy. Besides grant making, the fund engages hundreds of women annually through various platforms, fostering a broader network for social change.


Official website here: www.mainewomensfund.org

Who is the CEO of Maine Womens Fund?

Gabrielle Gallucci is the President of Maine Womens Fund.


Official website here: www.mainewomensfund.org

What is the revenue of Maine Womens Fund?

Maine Womens Fund's revenue in 2021 was $462,038.


Official website here: www.mainewomensfund.org

Who are the executives of Maine Womens Fund and what are their salaries?

The average compensation at Maine Womens Fund during 2021 was $66,666. There are 2 employees and 40 volunteers at Maine Womens Fund.


Here are 13 key members and their salaries:


Kimberly Critchon (Executive Dir.)
  • Compensation: $79,445
  • Related: $0
  • Other: $3,772
Aga Asbury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabrielle Gallucci (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Rogers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noreen Patient (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Walworth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linh Nghiem (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devin Wardell Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances Hutchinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dani Scherer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Smyth (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shay Stewart-Bouley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Whitehead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mainewomensfund.org

Where can I find the form 990 for Maine Womens Fund?

Maine Womens Fund's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.mainewomensfund.org

Learn more at the official website: www.mainewomensfund.org

Mission Statement of Maine Womens Fund

The Maine Women's Fund, established in 1988, is committed to making bold investments that significantly improve the lives of Maine women and girls. The organization achieves this by incubating and investing in nonprofit organizations, partnering with grantees, and connecting individuals and organizations driving social change. Their mission is rooted in the belief that when women and girls thrive, the entire community prospers.

The Maine Women's Fund transforms the lives of Maine women and girls through strategic grant making, community engagement, and support to nonprofit organizations dedicated to social change. They are the only foundation in Maine that focuses exclusively on increasing women and girls' economic security. By providing financial security, women can access better housing, education, healthcare, and employment opportunities for themselves and their families. They also contribute their talents and leadership to improve their communities.

The fund invests critically in nonprofit organizations within six strategic areas: education, financial skills and literacy, healthcare, leadership, personal safety, and public policy. Since its inception, the Maine Women's Fund has invested over $2.7 million in 235 organizations that advance the status of Maine women and girls. Beyond grant making, the fund engages hundreds of women across Maine through its active board and committees, volunteer opportunities, and special events.

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Impact




October, 2024

The Maine Women's Fund has a profound impact on the lives of women and girls throughout Maine. By focusing on increasing economic security, the Fund empowers women to access better housing, education, healthcare, and employment opportunities, ultimately benefiting their families and communities as a whole.

Since its inception in 1988, the Fund has made strategic investments exceeding $2.7 million in 235 organizations dedicated to advancing the status of women and girls. The Fund operates within six key areas: education, financial skills and literacy, healthcare, leadership, personal safety, and public policy. This targeted approach ensures that resources are allocated effectively to create meaningful change.

In addition to grant-making, the Fund actively engages hundreds of women each year through volunteer opportunities, active board participation, and special events, fostering a community of collaboration and social change. By incubating and investing in organizations that support women and girls, the Maine Women's Fund is transforming lives and driving progress across the state.




This information is meant to be a general summary of Maine Womens Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$462,038 (2021)
Expenses
$428,083 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $109,682
  • Gross Receipts: $595,205

Assets and Liabilities:

  • Total Assets: $3,540,272
  • Total Liabilities: $18,229
  • Net Assets: $3,522,043

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Organization Details

Founding Year

1988

Principal Officer

Gabrielle Gallucci

Main Address

45 BOYSENBERRY DR, SOUTH PORTLAND, ME, 04106

NTEE Category

Code: P83Z - Human services

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