Overview
What is Maine Philanthropy Center?
The Maine Philanthropy Center (MPC) serves as a vital resource in Maine, promoting the growth and impact of philanthropy. With a mission to enhance the effectiveness of grant-making, MPC organizes educational programs and webinars, fostering collaboration and knowledge exchange among grant makers. They offer individual technical assistance and disseminate information about the philanthropy sector. In 2022, their programming reached over 500 attendees from 290 organizations, and they launched new funder networks in arts and culture, and food systems. MPC also supports funder collaborations in various sectors, such as early childhood, education, and immigrant/refugee communities. To aid grant seekers, they provide resources like a directory of Maine funders and virtual grant research tutorials. MPC advocates for the nonprofit community and supports Tribal sovereignty in Maine. They maintain a library of foundation information and are affiliated with the Foundation Center, providing access to a national database of foundations.
Official website here: www.mainephilanthropy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Maine Philanthropy Center has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scores 100% in this category, demonstrating effective financial management and transparency. This rating indicates that donors can have confidence in the organization's practices regarding the stewardship of their contributions.
Notably, the Maine Philanthropy Center has an entirely independent board, consisting of 17 members, which is a significant strength as it ensures unbiased decision-making and governance. The organization has successfully established robust policies, including conflict of interest, whistleblower, and document retention policies, all of which are essential for maintaining ethical operations. Additionally, the center maintains a low liabilities to assets ratio of 15.11% and allocates a substantial 84.99% of its expenses directly to its programs, highlighting its focus on maximizing impact.
While the organization shows no material diversion of assets and has all necessary documentation readily available on its website, continuous monitoring for financial health and program effectiveness will remain important to sustain its stellar reputation and operational integrity. Overall, the Maine Philanthropy Center exemplifies best practices in nonprofit governance and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Maine Philanthropy Center legitimate?
Maine Philanthropy Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Philanthropy Center 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: $130,185
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,795
For more financial information, click here
Official website here: www.mainephilanthropy.org
What is the mission statement of Maine Philanthropy Center?
The Maine Philanthropy Center serves as the primary resource in the state, offering opportunities, leadership, and support to enhance the efficiency of philanthropy. Its mission is to empower philanthropy in Maine, enabling it to significantly impact its community. By facilitating collaboration and knowledge-sharing among grant makers, the center encourages learning and collective action. Additionally, it assists grant seekers in identifying potential funding sources and staying updated on current grant opportunities. Through various programs and activities, the Maine Philanthropy Center fosters connections between grantmakers and grant seekers, promoting information exchange and relationship building.
Official website here: www.mainephilanthropy.org
Who is the CEO of Maine Philanthropy Center?
Jeannette Andre is the President of Maine Philanthropy Center.
Official website here: www.mainephilanthropy.org
What is the revenue of Maine Philanthropy Center?
Maine Philanthropy Center's revenue in 2022 was $480,894.
Official website here: www.mainephilanthropy.org
Who are the executives of Maine Philanthropy Center and what are their salaries?
The average compensation at Maine Philanthropy Center during 2022 was $79,245. There are 4 employees and 17 volunteers at Maine Philanthropy Center.
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- Compensation: $105,738
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- Other: $24,447
Official website here: www.mainephilanthropy.org
Where can I find the form 990 for Maine Philanthropy Center?
Maine Philanthropy Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mainephilanthropy.org
Learn more at the official website: www.mainephilanthropy.org
Mission Statement of Maine Philanthropy Center
The Maine Philanthropy Center, as the leading resource in the state, is committed to offering opportunities, exerting leadership, and providing support to enhance the impact of philanthropy in Maine. By fostering collaboration and knowledge-sharing among grant makers, the Center aids in the advancement of their collective abilities to significantly influence their community. Furthermore, the Maine Philanthropy Center facilitates connections between grant seekers and grant makers, enabling them to exchange information and foster relationships, thereby strengthening their collective capacity to make a meaningful difference.
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Impact
July, 2024
Maine Philanthropy Center's impact can be seen in the advancement of philanthropy in Maine, with a focus on providing opportunities, leadership, and support for both grant makers and grant seekers. Through a wide range of educational programs, professional development opportunities, and networking events, MPC has facilitated collaboration, shared learning, and the exchange of best practices among its members. In 2022 alone, MPC's programming reached over 515 attendees from nearly 300 organizations, showcasing the organization's reach and influence within the philanthropic community.
Additionally, MPC has undertaken initiatives such as the data equity initiative and the launch of new funder networks, such as the Arts & Culture Funder Network and Food System Funder Network, to address key issues and foster collaboration in areas like early childhood, education, oral health, and immigrant/refugee communities. MPC's advocacy efforts have focused on supporting the nonprofit community and advancing the movement for Tribal sovereignty in Maine, demonstrating a commitment to social impact and equity.
Moreover, through services like the Directory of Maine Grantmakers, grant seeking tutorials, and access to the Foundation Center's database, MPC has empowered nonprofits to enhance their grant-seeking skills and connect with potential funders. By promoting public awareness of philanthropy through publications like the annual Maine giving report and providing valuable resources to the community, MPC has played a vital role in supporting the philanthropic ecosystem in Maine and beyond.
This information is meant to be a general summary of Maine Philanthropy Center. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $644
- Program Service Revenue: $21,451
- Gross Receipts: $480,894
Assets and Liabilities:
- Total Assets: $600,059
- Total Liabilities: $90,711
- Net Assets: $509,348
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$10,980
Miscellaneous Income
Revenue
$10,471
Organization Details
Founding Year
1995
Phone
(207) 780-5039Principal Officer
Jeannette Andre
Main Address
PO Box 9301, Portland, ME, 041049301
Website
www.mainephilanthropy.orgNTEE Category
Code: B70 - Education
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