This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2025
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2025 | 990 | $2,456,853 | $1,390,247 | $180,734 | $4,139,306 | $4,099,383 |
| FY2024 | 990 | $1,089,928 | $1,080,711 | $302,003 | $3,063,218 | $3,032,777 |
| FY2023 | 990 | $1,752,040 | $988,467 | $121,908 | $3,054,001 | $3,023,560 |
| FY2022 | 990 | $484,359 | $506,184 | $117,272 | $2,290,428 | $2,259,987 |
| FY2021 | 990 | $1,578,713 | $495,639 | $122,303 | $2,317,206 | $2,281,812 |
| FY2020 | 990 | $433,247 | $356,681 | $122,653 | $1,247,797 | $1,198,738 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 76% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| ATLANTIC SEA FARMSBIDDEFORED, ME | TO SUPPORT BUSINESS AND ECONOMIC RESEARCH | $177,228 | 2024 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brian Beal Phd | PRESIDENT | 1.00 | $0 |
| Greg Lambert | TREASURER | 1.00 | $0 |
| Sebastian Belle | DIRECTOR | 1.00 | $0 |
| Damian Brady | DIRECTOR |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM |
| $64,612 |
| 2020 |
| MAINE CENTER FOR ENTREPRENEURSPORTLAND, ME | TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM | $59,613 | 2023 |
| MAINE CENTER FOR ENTREPRENEURSPORTLAND, ME | TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM | $59,613 | 2025 |
| UNIVERSITY OF MAINEOFFICE OF RESEARCH ADMINISTRATIONORONO, ME | TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM | $59,613 | 2022 |
| MAINE CENTER FOR ENTREPRENEURSPORTLAND, ME | TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM | $59,613 | 2024 |
| UNIVERSITY OF MAINEOFFICE OF RESEARCH ADMINISTRATIONORONO, ME | TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM | $59,613 | 2020 |
| MAINE CENTER FOR ENTREPRENEURSPORTLAND, ME | TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM | $59,612 | 2022 |
| UNIVERSITY OF MAINEOFFICE OF RESEARCH ADMINISTRATIONORONO, ME | TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM | $59,612 | 2023 |
| UNIVERSITY OF MAINEOFFICE OF RESEARCH ADMINISTRATIONORONO, ME | TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM | $59,612 | 2024 |
| UNIVERSITY OF MAINEOFFICE OF RESEARCH ADMINISTRATIONORONO, ME | TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM | $59,612 | 2025 |
| UNIVERSITY OF MAINEOFFICE OF RESEARCH ADMINISTRATIONORONO, ME | TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM | $58,651 | 2021 |
| MAINE CENTER FOR ENTREPRENEURSPORTLAND, ME | TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM | $53,651 | 2021 |
| EDWARD MYERS MARINE CONSERVATION FUNDWALDOBORO, ME | TO RESEARCH & EDUCATIONAL EFFORTS TO CONSERVE THE MARINE ENVIRONMENT AND MAINTAIN A SUSTAINABLE WORKING WATERFRONT | $35,808 | 2025 |
| VERTICAL BAY SEAFARMBELFAST, ME | TO SUPPORT APPLIED RESEARCH THAT ADVANCES ECONOMICALLY AND ENVIRONMENTALLY SUSTAINABLE SEA SCALLOP AQUACULTURE | $25,700 | 2025 |
| MAINE AQUACULTURE ASSOCIATIONHALLOWELL, ME | TO ESTABLISH THE MAINE OYSTER TRAIL | $10,000 | 2021 |
| UNSPENT GRANT MONEY ON PREVIOUS YEAR PROJECTS - AMOUNTS OVER ESTIMATED | UNSPENT GRANT MONEY ON PREVIOUS YEARS PROJECTS - AMOUNTS OVER ESTIMATED | −$1,572 | 2020 |
| 1.00 |
| $0 |
| Carter Newell Phd | DIRECTOR | 1.00 | $0 |
| Deborah Bouchard | DIRECTOR | 1.00 | $0 |
| Gef Flimlin | DIRECTOR | 1.00 | $0 |
| Sara Radamaker | DIRECTOR | 1.00 | $0 |
| Aurora Burgess | DIRECTOR | 1.00 | $0 |
| Marcy Nelson | DIRECTOR | 1.00 | $0 |
| Alicia Gaiero | DIRECTOR | 1.00 | $0 |
| Anne Langston Noll | EXECUTIVE DIRECTOR | 40.00 | $111,063 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2024 · period ending Jun 30, 2024IRS bulk XML
Filing id 202511359349302751
Form 990 · FY2023 · period ending Jun 30, 2023IRS bulk XML
Filing id 202421319349300042
Form 990 · FY2022 · period ending Jun 30, 2022
Filing id 202331329349302633
Form 990 · FY2021 · period ending Jun 30, 2021
Filing id 202241319349302419
Form 990 · FY2020 · period ending Jun 30, 2020
Filing id 202121329349302352
Form 990 · FY2019 · period ending Jun 30, 2019
Filing id 202041629349301664
Form 990 · FY2017 · period ending Jun 30, 2017
Filing id 201723529349300767
Form 990 · FY2016 · period ending Jun 30, 2016
Filing id 201731309349302508
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.